As the end of the year nears, companies will start to report their end of the year numbers giving investors the opportunity to find value for their portfolios in 2017. Earlier this week, Nordson Corporation (NASDAQ:NDSN) released its numbers for the fourth quarter of its 2016 fiscal year. The machinery company, with market capitalization of just under $6.00 billion, specializes in a variety of manufacturing technologies across its segments, Adhesive Dispensing Systems, Advanced Technology Systems, and Industrial Coating Systems. After its fourth quarter earnings report, NDSN may have proven that it has the right value for a long-term play in an overbought market.
According to prices on December 14th, NDSN is up almost 80 percent year to date compared to the S&P 500 ETF’s (NYSEARCA:SPY) gain of about 14 percent. The stock has made a bullish run off of three solid earnings reports earlier in 2016, each boosting share prices by about 10 percent. As a mid-cap stock, it’s proven to be a more worthy growth stock as well, outperforming the S&P Mid-cap 400 which has grown by just over 20 percent this year. Currently, the stock is trading at all-time highs caused by bullish momentum from the so called “Trump Rally.” Another rally spurred by the recent earnings numbers could push NDSN even higher as investors opt for a position in the machinery company. How solid is this company? And do the fundamentals justify the technical strength the stock is showing?
Top 5 Performing Stocks To Invest In 2018: Smithfield Foods Inc.(SFD)
- [By John Udovich]
Thanksgiving is almost here but the exit of both Pilgrim’s Pride Corporation (NYSE: PPC) and Smithfield Foods (NYSE: SFD) to focus on their chicken or pork businesses (the latter was also acquired by the Chinese) leaves just two big Thanksgiving turkey stocks, Hormel Foods Corporation (NYSE: HRL) and Seaboard Corporation (NYSEAMEX: SEB), for investors to consider. According to the American Far Bureau, a 16-pound turkey will (on average) come in at a total of $22.74 this year or roughly $1.42 per pound for a decrease of 2 cents per pound or a total of 30 cents per whole turkey, compared to 2015. The price drop may be a transition back to the norm as the significant bird flu outbreak last year hurt the nations supply of both turkey and eggs.
Top 5 Performing Stocks To Invest In 2018: Coca-Cola Enterprises, Inc.(CCE)
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Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million.
General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion.
Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion.
Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million.
Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million.
Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million.
Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million.
Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter.
Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.
Top 5 Performing Stocks To Invest In 2018: ConAgra Foods, Inc.(CAG)
- [By Lisa Levin]
Accenture Plc (NYSE: ACN) reported upbeat earnings for its second quarter.
Five Below Inc (NASDAQ: FIVE) reported better-than-expected earnings for its fourth quarter on Wednesday.
PVH Corp (NYSE: PVH) posted upbeat earnings for its fourth quarter and issued a strong earnings forecast.
Conagra Brands Inc (NYSE: CAG) reported stronger-than-expected earnings for its third quarter.
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Rite Aid Corporation (NYSE: RAD) is projected to report its quarterly earnings at $0.04 per share on revenue of $8.23 billion.
Conagra Brands Inc (NYSE: CAG) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.11 billion.
Bioanalytical Systems, Inc. (NASDAQ: BASI) is expected to report earnings for the fourth quarter.
- [By Laurie Kulikowski]
We rate CONAGRA FOODS INC as a Hold with a ratings score of C+. The primary factors that have impacted our rating are mixed – some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
- [By Laurie Kulikowski]
Following 1) the recent sale of its Private Brands segment, 2) the announcement of the spin-off of Lamb Weston, 3) commentary around improving its margin structure in the Consumer segment, and 4) management’s recognition that the company has not raised its dividend in years, we think CAG is heading in the right direction. For income-oriented investors, note that CAG has a great deal of cash coming in from the Private Brands sale, and that management has stated its commitment to a strong dividend. As noted above, CAG is our best idea heading into new year.
- [By Laurie Kulikowski]
Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company’s strong earnings growth was key. Looking ahead, our view is that this company’s fundamentals will not have much impact in either direction, allowing the stock to generally move up or down based on the push and pull of the broad market.
- [By Laurie Kulikowski]
The debt-to-equity ratio is very high at 2.34 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.25, which clearly demonstrates the inability to cover short-term cash needs.
Top 5 Performing Stocks To Invest In 2018: Unilever N.V. (UNLVF)
- [By SEEKINGALPHA.COM]
In sum, the three companies are equally valued at generous multiples. It is difficult to choose one of them based on fundamentals or valuations, but we like the strategy of Nestl茅 and P&G more than Unilever. Therefore, we recommend investing in these companies only if someone is interested in a limited but relatively safe upside potential. Good entry prices would be as follows: Nestl茅 (OTCPK:NSRGF) at CHF 70.1 or $70.1 for the ADR , P&G at $83.6 and Unilever (OTC:UNLVF) at 34.1 or $38 for the ADR (NYSE:UN).
Top 5 Performing Stocks To Invest In 2018: Credit Suisse Group(CS)
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The latest credit default swap (CDS) data from BMO Capital Markets indicate a number of investors are growing increasingly concerned about the one-year outlook for capital markets. In a new report, analyst Mark Steele discussed the recent surge in one-year CDS activity, and what it means for the market.
- [By Paul R. La Monica]
European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He’s shorting all three.
- [By Dustin Parrett]
Just look at what happened to traders who got involved in the now-defunct VelocityShares Daily Inverse ETN (XIV), a particularly nasty piece of financial engineering created by Credit Suisse Group (NYSE: CS).
- [By David Zeiler]
The federal government’s largesse isn’t restricted to U.S.-based companies, either. Foreign companies, including foreign banks, are also welcome. Credit Suisse Group AG (NYSE ADR: CS) got $225.1 billion, and UBS Group AG (NYSE: UBS) got $249.1 billion.
- [By Money Morning News Team]
That’s why Krauth predicts the price of gold will hit $1,400 by the end of the year. Many analysts from banks likeCredit SuisseGroup AG (NYSE ADR: CS) even see gold going as high as $1,500.
- [By Diane Alter]
The head underwriters for the ZTO IPO are Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS). Also working on the deal are China Renaissance, Citigroup Inc. (NYSE: C), Credit Suisse Group AG (NYSE ADR: CS), and JPMorgan Chase & Co. (NYSE: JPM).