stock market commentary


Transocean (NYSE:RIG), like its offshore drilling peers, has lost a lot of value on the stock market since the oil crash began. More specifically, Transocean has lost close to 80% of market cap since the start of oil price crash in June 2014, but I think that the downside is limited going forward.

In fact, on analysing the fundamentals of the company, Transocean seems to be the best bet in the offshore drilling industry right now. There are a few solid and known reasons why I say this, and I will be throwing light on the same in this article.


Better positioned than peers

Transocean has a total of 41 rigs which makes it the largest offshore drilling fleet owner among its peers. Also, the company has an industry leading backlog of $13.7 billion, which is three times when compared to rival Seadrill that has a backlog of only $3.6 billion. This supremacy of Transocean is displayed in the charts given below:

Click to enlarge

stock market commentary: Movado Group Inc.(MOV)

Advisors’ Opinion:

  • [By Dan Caplinger]

    Wednesday was yet another record-setting day for the stock market, as the Dow climbed triple digits and the S&P 500 and Nasdaq Composite followed the venerable average to unprecedented heights. Economic data showing rising inflation made it more likely that the Federal Reserve will look to boost interest rates at its next Federal Open Market Committee meeting next month, and the ripples throughout the bond market sent many investors to consider stocks instead. Yet despite the substantial rally, some stocks missed out on the move higher, and American International Group (NYSE:AIG), Teck Resources (NYSE:TECK), and Movado Group (NYSE:MOV) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.

  • [By Dan Caplinger]

    Monday began on a down note for the stock market, as the Dow Jones Industrials fell back down below the 20,000 level. Major market benchmarks finished with losses of 0.6% to 0.8%, and some market commentators attributed the declines to nervousness about the Trump administration’s actions to clamp down on immigration. Others noted that the latest reading of U.S. economic growth showed a 1.9% rise in gross domestic product for the fourth quarter, finishing the year with an overall GDP increase of just 1.6%, down a full percentage point from 2015’s growth. Despite the overall sullen mood in the market, some stocks gained ground, and GoPro (NASDAQ:GPRO), Movado Group (NYSE:MOV), and IPG Photonics (NASDAQ:IPGP) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

stock market commentary: Molson Coors Brewing Company(TAP)


Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    In the past, Cramer has been a fan of both Constellation as well as Molson Coors (TAP) , which was able to snap up all the Miller and Coors brands last year for $12 billion. That deal is expected to boost Molson’s earnings by 25% this year.

stock market commentary: Match Group, Inc.(MTCH)

Advisors’ Opinion:

  • [By Jeremy Bowman]

    In its first full year as a publicly traded company, online dating conglomerateMatch Group (NASDAQ:MTCH) surged past expectations, climbing 26%.


    A number of factors led to its standout performance, including blockbuster growth from Tinder, strong operating leverage, and consistently beaten earnings estimates. Let’s take a closer look at how things played out in 2016.

stock market commentary: Unilever PLC(UL)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Kraft Heinz (KHC) soared to the top of the S&P 500 today after making a $143 billion bid for Unilever (UL).

    Getty Images


    Kraft Heinzgained 11% to $96.65 today, while the S&P 500 rose 0.2% to 2,351.16. Unilever jumped 14% to $48.53.

  • [By Lisa Levin]

    Non-cyclical consumer goods & services shares climbed by 1.13 percent in trading on Friday. Meanwhile, top gainers in the sector included Unilever plc (ADR) (NYSE: UL), and Grand Canyon Education Inc (NASDAQ: LOPE).

  • [By Paul Ausick]

    Unilever PLC (NYSE: UL) dropped about 1.4% on Friday to post a new 52-week low of $38.58 after closing at $39.11 on Thursday. The stock’s 52-week high is $48.97. Volume was more than double the daily average of around 1.5 million shares. The consumer products company had no specific news on Friday.

stock market commentary: Simulations Plus, Inc.(SLP)


Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Friday, healthcare shares fell by 0.88 percent. Meanwhile, top losers in the sector included Simulations Plus, Inc. (NASDAQ: SLP), down 7 percent, and ZIOPHARM Oncology Inc. (NASDAQ: ZIOP), down 7 percent.

stock market commentary: Kinross Gold Corporation(KGC)

Advisors’ Opinion:

  • [By Lee Jackson]

    Kinross Gold Corp. (NYSE: KGC) may be the stock that give investors the most amount of leverage on a gold rebound. Management reduced the company’s annual capital expenditures forecast to $1.45 billion from $1.6 billion, saving $180 million from its cost restructuring initiatives. Cancellation of its upcoming semiannual dividend payment to its shareholders will save $182 million per year. Kinross expects to produce gold at a cost of $1,000 to $1,200 an ounce this year. The Merrill Lynch target is $7.00, and the consensus target is $6.55. The dividend, which soon will be cancelled, has a yield of 2.9%.

  • [By Wayne Duggan]

    Citi also placed Neutral ratings on Goldcorp Inc. (USA) (NYSE: GG), Kinross Gold Corporation (USA) (NYSE: KGC) and Silver Standard Resources Inc. (USA) (NASDAQ: SSRI).

  • [By Lisa Levin]

    Friday afternoon, the basic materials sector proved to be a source of strength for the market. Leading the sector was strength from Kinross Gold Corporation (USA) (NYSE: KGC) and Yamana Gold Inc. (USA) (NYSE: AUY).

  • [By Monica Gerson]

    Kinross Gold Corporation (USA) (NYSE: KGC) is projected to post a quarterly loss at $0.01 per share on revenue of $808.09 million.

    Crocs, Inc. (NASDAQ: CROX) is expected to report its quarterly earnings at $0.05 per share on revenue of $265.90 million.

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