Russ Kaplan is a leading money manager with a value-oriented and contrarian approach to very long-term investing; here’s a look at his top growth idea for the coming year.
One of the few places of value in this market is the home building stocks and our Top Pick for growth-oriented investors is D. R. Horton (DHI), which is a home building stock.
D.R. Horton is more than just a homebuilder, however. Horton is involved in all aspects of the realty area. It also owns lots of property and is into title insurance.
Yes, mortgage rates have gone up, but that is already reflected in the price of the stock, which has fallen from $38 to a recent price is the $28 range. I can see it going back to $38 in the near future.
With a price/earnings ratio of 12, it is very undervalued from the market average, which is currently around 22.
There really is a D. R. Horton and he owns 7% of the company. This is not a stock for those looking for income. It only pays a little over 1%.
Top Undervalued Stocks To Buy Right Now: Carter's, Inc.(CRI)
- [By Ben Levisohn]
After running through their scenarios,Boruchow comes up with five losers from Trump’s tax plans: Carters (CRI), Urban Outfitters (URBN), Under Armour (UA), Fossil Group (FOSL) and Gap (GPS). He explains why:
Top Undervalued Stocks To Buy Right Now: DarioHealth Corp. (DRIO)
- [By Jim Robertson]
On Tuesday, our Under the Radar Moversnewsletter suggested going long small cap digital health (mHealth) stock DarioHealth Corp (NASDAQ: DRIO):
The entry here is rooted in the rebound’s “second wind,” which materialized today. You can see the late-Janaury/early-February rally was nice, but went too far, too fast. Sure enough, the profit-takers dug in. There weren’t a ton of profit-takers though – there was just a distinct lack of buyers. The next wave of buyers are diving in today, seeing last week’s support at the 20-day moving average line. We know there are more buyers than sellers here because today’s sizeable gain is unfurling on huge volume.
Top Undervalued Stocks To Buy Right Now: Swift Transportation Company(SWFT)
- [By Craig Jones]
On CNBC's Fast Money Halftime Report, Jon Najarian said he noticed unusually high volume in the April 23 calls in Swift Transportation Co (NYSE: SWFT) on Wednesday. Traders bought around 3,500 contracts in the first half of the trading session and they $1 paid for them. The trade breaks even at $24 or 8.45 percent above the current market price. Jon Najarian followed the trade and he is planning to hold the position for two weeks.
- [By Teresa Rivas]
Swift Transportation (SWFT) is up 18.2% on news that it will merge with Knight Transportation (KNX), up 11%.
Endo International(ENDP) is up 4.3% after preannouncing first-quarter earnings in line with analysts’ estimates.
Tesla (TSLA) is up 1.9% after Piper Jaffray upgraded the stock to Buy from Neutral.
J.M. Smucker (SJM) is down 1.1% after Morgan Stanley cut it to Underweight from Equal Weight.
Hilton Worldwide(HLT) is up 1.9% after Goldman Sachs upgraded it to Conviction Buy from Buy.
Ulta Beauty(ULTA) is up 0.7% after Loop Capital upgraded it to Buy from Hold.
Canada Goose (GOOS) is up 1.5% after a number of firms, including Goldman Sachs, Barclays, BMO Capital Markets, and Canaccord initiated coverage of the stock with a Buy rating, although it also got a few Hold ratings. as well.
- [By Rich Smith]
Knight Transportation (NYSE:KNX) is merging with Swift Transportation (NYSE:SWFT) to build a $5 billion trucking behemoth — and Wall Street thinks that’s a good thing.
Top Undervalued Stocks To Buy Right Now: Platinum Group Metals Ltd.(PLG)
- [By William Patalon III]
Our sub-$2 “Gold Market Anomaly” play – Platinum Group Metals Ltd. (NYSE: PLG) – took a hit of more than 12% Wednesday after the miner raised $20 million through a stock offering.