Top 5 Bank Stocks For 2018


BEIJING–China’s foreign-exchange reserves fell to the lowest level in nearly six years last month, testing the central bank’s resolve to control the weakening yuan’s descent to a pace it dictates.

The People’s Bank of China said Saturday that the world’s largest stockpile of foreign currency plunged by $41.08 billion in December to $3.011 trillion, the lowest level since March 2011. The decline was smaller than the previous month’s drop of $69.06 billion and fell largely in line with analysts’ expectations.


The more limited drop underscored the central bank’s willingness to dip into reserves to buy up yuan, and use capital controls and other tools to try to prop up the currency and restrain businesses and individuals rushing to send money offshore.

Top 5 Bank Stocks For 2018: Enerplus Corporation(ERF)

Advisors’ Opinion:

  • [By Money Morning News Team]

    Enerplus Corp. (NYSE: ERF) is a $2.1 billion oil company based in Calgary and trades on both the NYSE and Toronto Stock Exchange. ERF primarily produces crude oil in the Bakken fields in North Dakota and Western Canada.

Top 5 Bank Stocks For 2018: EPAM Systems, Inc.(EPAM)


Advisors’ Opinion:

  • [By Anders Bylund, Chuck Saletta, and Brian Feroldi]

    Read on to see why they pickedAllstate(NYSE:ALL),EPAM Systems(NYSE:EPAM), andUniversal Display(NASDAQ:OLED).

    Image source: Getty Images.

Top 5 Bank Stocks For 2018: iShares US Basic Materials (IYM)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of small cap Apogee Enterprises strongly outperforming potential performancebenchmarks like theMaterials Select Sector SPDR (NYSEARCA: XLB) and iShares Dow Jones US Basic Materials ETF (NYSEARCA: IYM) albeit that performance has fallen off:

Top 5 Bank Stocks For 2018: Pampa Energia S.A.(PAM)


Advisors’ Opinion:

  • [By Lisa Levin]

    On Tuesday, utilities shares slipped by just 0.5 percent. Meanwhile, top gainers in the sector included Pampa Energia S.A. (ADR) (NYSE: PAM), up 2 percent, and Chesapeake Utilities Corporation (NYSE: CPK) up 3 percent.

  • [By Lisa Levin]

    Friday afternoon, the utilities sector proved to be a source of strength for the market. Leading the sector was strength from Cia Energetica de Minas Gerais CEMIG-ADR (NYSE: CIG) and Pampa Energia S.A. (ADR) (NYSE: PAM).

Top 5 Bank Stocks For 2018: Strayer Education, Inc.(STRA)


Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Capella Education Company (NASDAQ: CPLA) got a boost, shooting up 32 percent to $86.60. Strayer Education Inc (NASDAQ: STRA) and Capella Education agreed to an all-stock merger. Capella Education also posted upbeat quarterly earnings.

  • [By Lisa Levin]

    In trading on Thursday, non-cyclical consumer goods & services shares fell by 1.21 percent. Meanwhile, top losers in the sector included Strayer Education Inc (NASDAQ: STRA), down 13 percent, and MGP Ingredients Inc (NASDAQ: MGPI), down 6 percent.

Leave a Reply

Your email address will not be published. Required fields are marked *