General Electric Co. (NYSE: GE) shares managed to post a gain of 3.3% last week, but it wasn’t enough for the industrial giant to move out of its rank as the worst-performing Dow Jones industrial average stock for the year to date. Even with the weekly gain, shares are down 22.7% so far in 2018.
The second-worst Dow stock so far this year is Procter & Gamble Co. (NYSE: PG), which is down 14.7%. That is followed by Walmart Inc. (NYSE: WMT), down 12.9%, Verizon Communications Inc. (NYSE: VZ), down 10%, and Home Depot Inc. (NYSE: HD), down 8.8%.
The Dow added 427.38 points over the course of the past week and ended at 24,360.14, up nearly 1.8% for the short week.
The week got off to a rocky start for the company after JPMorgan analyst C. Stephen Tusa said that GE is the most expensive stock in its sector of the market. The implication, of course, is that the share price has to fall even further.
A second, and more devastating, implication is that the company’s dividend will have to be cut a little, slashed or eliminated. The JPMorgan team does not believe that GE’s 2018 earnings per share forecast of $1.00 to $1.07 has a chance of becoming reality. A “more realistic” estimate, they say, is $0.50 a share.
Top 5 Performing Stocks For 2018: ENERGY TRANSFER PARTNERS(ETP)
- [By Danny Vena, John Bromels, and Demitrios Kalogeropoulos]
As appetizing as that dividend is, there are other companies that offer an even tastier yield. With that in mind, we asked three Motley Fool investors to choose top companies that would provide investors an even more generous payout. They offered compelling arguments for National Retail Properties (NYSE:NNN), Energy Transfer Partners, LLP (NYSE:ETP), and DSW Inc. (NYSE:DSW).
- [By Lisa Levin] Gainers
Euro Tech Holdings Company Limited (NASDAQ: CLWT) rose 18.2 percent to $4.55 in pre-market trading after the company declared a $0.70 per share special dividend.
Co-Diagnostics, Inc. (NASDAQ: CODX) rose 11.7 percent to $3.24 in pre-market trading after falling 13.17 percent on Thursday. Co-Diagnostics reported its participation in a research project with the Stanford University.
Abercrombie & Fitch Co. (NYSE: ANF) shares rose 8.6 percent to $25.95 in pre-market trading after the company posted upbeat Q1 results.
Zuora, Inc. (NYSE: ZUO) shares rose 8 percent to $23.95 in pre-market trading after the company reported upbeat Q1 earnings and issued strong outlook.
Lululemon Athletica Inc. (NASDAQ: LULU) shares rose 7.8 percent to $113.25 in pre-market trading after the company reported better-than-expected results for its first quarter. The company also raised its FY18 earnings and sales guidance.
OPKO Health, Inc. (NYSE: OPK) rose 5.7 percent to $4.10 in pre-market trading.
Lannett Company, Inc. (NYSE: LCI) rose 5.5 percent to $17.45 in pre-market trading following the FDA approval for Levofloxacin Oral Solution.
Eversource Energy (NYSE: ES) shares rose 5 percent to $59.8 in pre-market trading.
VMware, Inc. (NYSE: VMW) rose 4.6 percent to $143.74 in pre-market trading as the company reported stronger-than-expected results for its first quarter on Thursday.
Energy Transfer Partners, L.P. (NYSE: ETP) rose 4.3 percent to $19.80 in pre-market trading after the company reported the Federal Energy Regulatory Commission approval to place Rover pipeline’s full Mainline B into service.
T2 Biosystems, Inc. (NASDAQ: TTOO) rose 4.3 percent to $7.73 in pre-market trading after declining 4.26 percent on Thursday.
Curis, Inc. (NASDAQ: CRIS) rose 4.3 percent to $2.90 in pre-market trading after jumping 21.93 percent on Thursday.
Sasol Limited (NYSE: SSL) rose 4.2 percent to $37.91 in pre-market trading.
- [By Matthew DiLallo]
Because Magellan Midstream Partners has lived within its means over the past five years, the average number of units it has outstanding is up less than 1%. Contrast that with rivals Buckeye Partners (NYSE:BPL) and Energy Transfer Partners (NYSE:ETP), which have a much more aggressive approach to financing growth because they typically pay out virtually all their cash flow to investors each quarter. That forced both to issue a boatload of new equity and debt to fund acquisitions and expansion projects. As a result, Buckeye’s outstanding unit count has surged 41%, while Energy Transfer’s is up a jaw-dropping 120% over the past five years.
- [By ]
Plenty Of Upside
After the scale of the tax threat (or lack thereof) was made clear, buyers began to cautiously tiptoe back in. But there is still more upside in this sector than I have seen in the past few years. Take MMP, which is trading around $60 per share. Analysts have a consensus price target of $77 which would imply appreciation of more than 28%. Energy Transfer Partners (NYSE: ETP) is looking at upside of more than 50%.
Top 5 Performing Stocks For 2018: City Holding Company(CHCO)
- [By Ethan Ryder]
Get a free copy of the Zacks research report on City (CHCO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Performing Stocks For 2018: Textainer Group Holdings Limited(TGH)
- [By Stephan Byrd]
Textainer Group (NYSE: TGH) is one of 17 public companies in the “Equipment rental & leasing, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Textainer Group to related businesses based on the strength of its dividends, analyst recommendations, earnings, institutional ownership, profitability, risk and valuation.
- [By Shane Hupp]
These are some of the news stories that may have effected Accern’s scoring:
Get Textainer Group alerts:
Head to Head Survey: Textainer Group (TGH) vs. The Competition (americanbankingnews.com) Textainer Group (TGH) Upgraded by ValuEngine to “Buy” (americanbankingnews.com) Financial Comparison: Textainer Group (TGH) vs. The Competition (americanbankingnews.com) Aircastle (AYR) versus Textainer Group (TGH) Head-To-Head Comparison (americanbankingnews.com) Critical Comparison: Textainer Group (TGH) and Its Rivals (americanbankingnews.com)
Shares of Textainer Group stock opened at $17.85 on Friday. The stock has a market capitalization of $1,019.18, a P/E ratio of 43.54 and a beta of 2.50. Textainer Group has a 1 year low of $9.60 and a 1 year high of $26.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 2.28.
- [By Ethan Ryder]
Textainer Group (NYSE: TGH) is one of 17 publicly-traded companies in the “Equipment rental & leasing, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Textainer Group to similar companies based on the strength of its analyst recommendations, valuation, institutional ownership, profitability, earnings, dividends and risk.
- [By Stephan Byrd]
Massachusetts Financial Services Co. MA lowered its position in Textainer Group Holdings (NYSE:TGH) by 3.0% in the first quarter, HoldingsChannel.com reports. The fund owned 510,850 shares of the transportation company’s stock after selling 16,067 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Textainer Group were worth $8,659,000 at the end of the most recent reporting period.
Top 5 Performing Stocks For 2018: Hawaiian Holdings, Inc.(HA)
- [By Adam Levine-Weinberg]
However, one U.S. airline is uniquely suited to weather the current environment of rising fuel prices: Hawaiian Holdings (NASDAQ:HA). Furthermore, Hawaiian Holdings stock trades for just seven times forward earnings, which makes this company a particularly attractive investment opportunity.
- [By Adam Levine-Weinberg]
After a lackluster performance in the first few months of 2018, shares of Hawaiian Holdings (NASDAQ:HA) surged higher following the company’s stellar first-quarter earnings report. (The stock has since retreated due to worries about a volcanic eruption on Hawaii’s Big Island and new reports about Southwest Airlines’ plans to serve Hawaii.)
- [By Adam Levine-Weinberg]
At an industry conference last week, Hawaiian Holdings (NASDAQ:HA) CEO Peter Ingram told reporters that Hawaiian Airlines had experienced a modest decline in bookings due to the continued eruption of Kilauea: a volcano on the Big Island of Hawaii.
Top 5 Performing Stocks For 2018: Daxor Corporation(DXR)
- [By Logan Wallace]
Daxor Co. (NYSEAMERICAN:DXR) saw a significant growth in short interest in the month of March. As of March 29th, there was short interest totalling 234,045 shares, a growth of 1,257.4% from the March 15th total of 17,242 shares. Based on an average daily trading volume, of 1,214,477 shares, the days-to-cover ratio is presently 0.2 days. Currently, 33.3% of the company’s shares are short sold.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Verastem, Inc. (NASDAQ: VSTM) fell 9.7 percent to $4.73 in pre-market trading after announcing a $35 million common stock offering.
Evolus, Inc. (NASDAQ: EOLS) shares fell 8 percent to $13.48 in pre-market trading ahead of regulatory update at 8:30 a.m. ET.
XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) fell 6.5 percent to $2.01 in pre-market trading after climbing 10.50 percent on Tuesday.
Purple Innovation, Inc. (NASDAQ: PRPL) shares fell 5.8 percent to $9.36 in pre-market trading after reporting Q1 results.
Blink Charging Co. (NASDAQ: BLNK) fell 5.7 percent to $5.15 in pre-market trading after declining 5.04 percent on Tuesday.
RYB Education, Inc. (NYSE: RYB) shares fell 5 percent to $16.39 in pre-market trading following Q1 results.
Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares fell 4.4 percent to $4.30 in pre-market trading after rising 40.62 percent on Tuesday.
Arbor Realty Trust, Inc. (NYSE: ABR) fell 4.4 percent to $8.92 in pre-market trading after announcing a 5.5 million share common stock offering.
Daxor Corporation (NYSE: DXR) fell 4.1 percent to $7.32 in pre-market trading.
Ormat Technologies, Inc. (NYSE: ORA) shares fell 3.8 percent to $51.03 in pre-market trading after the company announced plans to restate its Q2, Q3, Q4 and FY 2017 financial statements.
Canadian Solar Inc. (NASDAQ: CSIQ) fell 3.5 percent to $16.20 in pre-market trading after reporting Q1 results.
CELYAD SA/ADR (NASDAQ: CYAD) shares fell 3.3 percent to $29.70 in pre-market trading after the company reported launch of 1.8 million share offering