Top 10 Performing Stocks To Buy Right Now

Citigroup’s Kate McShane and team ask if the bull markets in Nike (NKE) andUnder Armour (UA) are over. Their answer: No. They explain why:

Bloomberg News

Since their respective analyst days last fall (Under Armour – Sept; Nike – Oct),Under Armour and Nike stocks are down ~17% and 5%, respectively. The pullback in both names appears to be driven primarily by rich multiples and concerns over potentially slower top-line growth over the next several quarters.

Key concerns on Nike include: 1) Nike reported 10% NA futures (400bps deceleration from the prior qtr), 2) Higher NA inventories taking several qtrs to work through, 3) Health of the basketball category, given increased competition at a lower price pt.

Why We are Still at a Buy While we acknowledge that not everything is humming along as it once was at Nike, recent concerns do not necessarily derail the LT thesis or multiple, in our view, given: 1) Historically, Nikes valuation has been most correlated to global revenue growth. While NA is ~40% of total revs, the category is still growing at a healthy +DD rate, w/ the rest of the world benefitting from still being in the early stages of category offense, 2) Our checks indicate that the piece of Nikes basketball business that is underperforming is their marquee product (i.e. Kobe, KD, LeBron). However we estimate this comprises a ~$750M business on a base of $32B. We would have to see a meaningful decline in this business in order to slow overall company growth (also, newer product like Kobe 11 & Kyrie 2 are performing well). Further, the basketball category overall has slowed from 15% to 9% growth. While slower, the growth rate remains strong, esp consideri ng the comps. Our conversations w/ industry contacts indicate a solid pipeline and contd strength in Jordan & other non-marquee styles.

Top 10 Performing Stocks To Buy Right Now: Staffing 360 Solutions, Inc.(STAF)

Advisors’ Opinion:

  • [By Peter Graham]

    Small cap staffing stock Staffing 360 Solutions Inc (NASDAQ: STAF), which is in the midst of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK, pre-announced its unaudited financial results for the fiscal second quarter ended November 30, 2016. Expected revenue rose 14% to$47 million and expected gross profit rose 8% to $8.1 million while for the first six months of the fiscal year, expected revenuerose 23% to$95 million and expected gross profit rose 20% to $16.6 million.

  • [By Bryan Murphy]

    It may not get there overnight. In fact, it almost assuredly won’t get there overnight. If Greenridge Global Equity Research is right though, then eventually, Staffing 360 Solutions Inc (NASDAQ:STAF) shares are going to reach a value of $3.00, up 322% from their present value.

    That would be a massive move for STAF, and though stocks can and do move that far, usually it takes so long to muster such a move that analysts don’t even bother looking that far out. It may not take Staffing 360 Solutions as much time to hammer out that triple-digit advance as you might expect, though, once you read through Greenridge’s explanation.

    Staffing 360 Solutions is an IT staffing firm. There’s little doubt now’s the right time to be in the business. As much as we’ve come to rely on technology over the course of the past ten year, we’ve not even come close to how we’re going to digitize the next ten years.

    A recent conclusion from technology research outfit IDC speaks volumes, saying that by the end of 2017, two-thirds of the CEOs of Global 2000 companies will have digital transformation at the center of their corporate strategies. How are they going to make that happen? Deloitte recently posted some research of its own that should shed some light on the idea. The giant accounting form observed that “In order to maintain the competitive pace of innovation, companies find themselves engaged in a global war for talent.”

    That’s a trend also observed by the Department of Labor, which in its 2014-2024 occupational outlook handbook noted: “Employment of computer and information technology occupations is projected to grow 12 percent from 2014 to 2024, faster than the average for all occupations. These occupations are expected to add about 488,500 new jobs, from about 3.9 million jobs to about 4.4 million jobs from 2014 to 2024, in part due to a greater emphasis on cloud computing, the collection and storage of big data, more everyday items becoming conn

  • [By Matthew Briar]

    If there was any lingering doubt about Staffing 360 Solutions Inc (NASDAQ:STAF), it was wiped away today. The IT staffing firm’s second quarter numbers verify the long-standing growth trend is still well intact. Better still, even as the top line rises, expense-cuts supported by all the synergies of its recent acquisitions have allowed the bottom line to improve by even more.

    Even before today’s official Q2 announcement we knew that last quarter’s revenue would roll in at $47.1 million and gross profits would end up at $8.1 million. Those figures were up 14% and 8.4%, respectively. What we didn’t know about STAF until today is that the net loss shrank from $3.4 million a year earlier to only $1.5 million now. EBITDA of $1.4 million was about the same as the EBITDA of $1.3 million generated in the second fiscal quarter of the prior year.

    The progress march continues for Staffing 360 Solutions.

Top 10 Performing Stocks To Buy Right Now: Best Insurance Companies For 20()

Advisors’ Opinion:


    Concordia International Corp. (“Concordia” or the “Company”) (NASDAQ: ) (TSX: CXR), an international specialty pharmaceutical company focused on generic and legacy pharmaceutical products and orphan drugs, today announced that effective January 1, 2017, John Beighton will retire from his current role as President of the Company’s International segment.

Top 10 Performing Stocks To Buy Right Now: Gartner, Inc.(IT)

Advisors’ Opinion:

  • [By Lisa Levin]

    CEB Inc. (NYSE: CEB) shares were also up, gaining 21 percent to $74.90 after Gartner Inc (NYSE: IT) announced plans to acquire the company for $2.6 billion in cash and stock.

Top 10 Performing Stocks To Buy Right Now: Cardiome Pharma Corporation(CRME)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of CARDIOME PHARMA CORP (NASDAQ: CRME) were down 43 percent to $3.01. Cardiome priced 10 million shares at $3 per share.

    Seadrill Partners LLC (NYSE: SDLP) was down, falling around 30 percent to $4.09 as the company announced plans to reduce the quarterly cash distribution to $0.10 per unit from $0.25 per unit.

Top 10 Performing Stocks To Buy Right Now: America’s Car-Mart Inc.(CRMT)

Advisors’ Opinion:

  • [By Monica Gerson]

    America’s Car-Mart, Inc. (NASDAQ: CRMT) is projected to post its quarterly earnings at $0.58 per share on revenue of $149.13 million.

    Ryanair Holdings plc (ADR) (NASDAQ: RYAAY) is expected to report its quarterly earnings at $0.24 per share on revenue of $1.16 billion.

  • [By Monica Gerson]

    Analysts are expecting America’s Car-Mart, Inc. (NASDAQ: CRMT) to have earned $0.58 per share on revenue of $149.13 million in the latest quarter. America’s Car-Mart shares rose 2.06 percent to close at $23.25 on Friday.

Top 10 Performing Stocks To Buy Right Now: LCA-Vision Inc.(LCAV)

Advisors’ Opinion:

  • [By Lisa Levin]

    Medical Practitioners: This industry jumped 2.82% by 10:15 am. The top performer in this industry was LCA-Vision (NASDAQ: LCAV), which rose 2.9%. LCA-Vision’s trailing-twelve-month revenue is $91.12 million.

Top 10 Performing Stocks To Buy Right Now: Hostess Brands, Inc. (TWNK)

Advisors’ Opinion:

  • [By Paul Ausick]

    There was an IPO of sorts last week when Gores Holdings II raised $375 million with an offer of 37.5 million units at $10 per unit. The shares are listed on the Nasdaq under the ticker symbol GSHTU. Gores Holdings I acquired Hostess Brands last year and completed an IPO in December for Hostess Brands Inc. (NASDAQ: TWNK).

Top 10 Performing Stocks To Buy Right Now: Gogo Inc.(GOGO)

Advisors’ Opinion:

  • [By Monica Gerson]

    Gogo Inc (NASDAQ: GOGO) is projected to report a quarterly loss at $0.42 per share on revenue of $137.58 million.

    Stillwater Mining Company (NYSE: SWC) is estimated to report a quarterly loss at $0.06 per share on revenue of $153.03 million.

  • [By Peter Graham]

    The Q2 2017earnings report for mid cap satellite communications stock and in-flight WiFi playerViaSat, Inc (NASDAQ: VSAT) is scheduled for after the market closes on Tuesday (November 8th). ViaSat, Inc is better positioned than its small cap in-flight WiFi stockGogo Inc (NASDAQ: GOGO)rivalas the former is not as dependent on inflight WiFi and related services as the latter is. Gogo Inc alsotook a big hitin February amid reports that American Airlineswas considering switchingwith aViaSat-American Airlines deal to provide Internet access on about 100 new Boeing jets eventually being announced in June.

  • [By Lisa Levin]

    Gogo Inc (NASDAQ: GOGO) was down, falling around 15 percent to $9.40 after the company announced it has reached an agreement with American Airlines Group Inc (NASDAQ: AAL) to “continue to provide service on a meaningful portion of the American fleet currently served by Gogo.” Investors heavily sold off the stock as the company’s announcement implies it lost some orders to its main competitor, ViaSat, Inc. (NASDAQ: VSAT).

  • [By Lee Jackson]

    Gogo Inc. (NASDAQ: GOGO) had a director purchasing a total of 300,000 shares at $9.69 per share. The total for the purchase was posted at $3 million.Gogo provides communications services to the commercial and business aviation markets in the United States and internationally. Itsstock was trading on Friday at $8.85.

Top 10 Performing Stocks To Buy Right Now: Owens Realty Mortgage, Inc.(ORM)

Advisors’ Opinion:

  • [By Markus Aarnio]

    Owens Realty Mortgage (ORM) is a real estate investment trust that invests in commercial real estate mortgage loans primarily in the Western U.S. The company specializes in loans that require speed and flexibility. Owens Realty Mortgage is externally managed and advised by Owens Financial Group.

Top 10 Performing Stocks To Buy Right Now: ARMOUR Residential REIT, Inc.(ARR)

Advisors’ Opinion:

  • [By Amanda Alix]

    This development will likely give battered mREITs like Annaly Capital (NYSE: NLY  ) , Armour Residential (NYSE: ARR  ) , and American Capital Agency (NASDAQ: AGNC  ) a huge boost as investors begin to feel less panic regarding a tapering of the current QE3 program. Markets have responded to the Summers announcement by soaring skyward, apparently feeling relief and confidence about the fate of the taper.

  • [By Amanda Alix]

    It was just about one year ago that QE3 made its debut, and mortgage REITs, particularly agency-only players like Annaly Capital (NYSE: NLY  ) , Armour Residential (NYSE: ARR  ) , and American Capital Agency (NASDAQ: AGNC  ) began moaning about the increased competition for mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.

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