Monthly Archives: November 2016

Top Healthcare Technology Companies To Invest In 2017

Heisenberg is no stranger to volatility (NYSEARCA:VXX). Just ask anyone who’s known him. Oh wait, you can’t. I’m anonymous, wear dark shades and a hat and dwell in dark, smokey corners of the bar.

Oh well, take my word for it.

I know something about volatility. It comes and it goes. People think “hey, he’s an ok guy,” and then two days later it’s like “oh no, this might have been a really bad idea.”

But as ridiculous as it sounds, I try to take lessons about the market from all of my own experiences. Good and bad. That’s not some empty platitude. The market is people or at least machines run by people (or maybe it’s the other way around). Doesn’t matter. Point is there are people involved in there somewhere although there may not be in 20 years and anytime there’s a human element embedded in a system, you can learn something about that system by analyzing yourself.

Now think about this. We all conceptualize volatility as inherently bad. Well, ma ybe not all of us, but if you’re not a skilled trader and are merely hanging out in a vol ETN hoping to guess right on a given day, you should give it up and acknowledge that when vol spikes, your plain vanilla portfolio is probably down.

Top Healthcare Technology Companies To Invest In 2017: Rockwell Medical Technologies Inc.(RMTI)

Advisors’ Opinion:

  • [By Lisa Levin]

    Thursday morning, the healthcare sector proved to be a source of strength for the market. Leading the sector was strength from Keryx Biopharmaceuticals (NASDAQ: KERX) and Rockwell Medical Inc (NASDAQ: RMTI).

Top Healthcare Technology Companies To Invest In 2017: Clean Diesel Technologies Inc.(CDTI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.

    Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.

Top Healthcare Technology Companies To Invest In 2017: Flextronics International Ltd.(FLEX)

Advisors’ Opinion:

  • [By Amber Hestla, Michael J. Carr]

    Among its suppliers is Flextronics International (Nasdaq: FLEX), which offers a variety of engineering services and provides supply chain management. Other Flextronics customers include Hewlett-Packard (NYSE: HPQ), LG and Google's (Nasdaq: GOOG) Motorola Mobility. 

10 Best India Stocks To Watch Right Now

INDIANAPOLIS Though nearly 125,000 deer were bagged in Indiana during hunting season last year, thousands are unintentionally killed when they smack into moving vehicles or the vehicles hit them.

Since Oct. 1, about 3,600 deer have been struck on Indiana’s roadways, according toTodd Ringle, public information officer for the Indiana State Police Evansville District. Generally, the hit is fatal to the animal, and an adult white-tailed deer, which can weigh from 100 to 300 pounds depending on its age and gender, is not a friend to a car’s chassis.

From July 2015 to June 2016, aState Farm Insurance studyestimates that vehicles have hit more than 1.3 million deer across the USA, mostly during October, November and December.And mating season, hunting season and long nights coincide,so you’re likely to see more deer on the move after the sun sets.

10 Best India Stocks To Watch Right Now: BioMarin Pharmaceutical Inc.(BMRN)

Advisors’ Opinion:

  • [By Nick Taborek]

    BioMarin Pharmaceutical Inc. (BMRN) rallied 3.2 percent to $79.99. Roche Holding AG, the worlds biggest maker of cancer drugs, is lining up as much as $15 billion in debt financing to buy Novato, California-based BioMarin, DealReporter reported, citing people familiar with the situation.

  • [By Ben Levisohn]

    Evercore ISI’s Mark Schoenebaum contends thatBioMarin Pharmaceutical’s (BMRN) 4% drop today thanks to reports that recruitment for a drug trial had been suspended is “an overreaction.” He explains why:

    This morning, an update was posted to showing that patient recruitment for BioMarins BMN270 (hemophilia A gene therapy) p1 trial was suspended. Bottom line this news is not new and we believe the stock move is an overreaction.

    We spoke with the company, who confirmed that todays news on is not new and that the posting of this update to the website just took a few weeks. Recall,BioMarin has said that they will need to speak with EU regulators prior to dosing the last 3 gene therapy patients in the trial (expected by around August) because one patient (#3) had an ALT elevation slightly above his ULN (47 vs ULN of 41). This discussion with regulators prior to dosing the last patients was meant to be an early safety precaution and was self-imposed as part of BioMarins protocol for a first-in-human hemophilia A gene therapy.

    BioMarin confirmed that they are in the process of these discussions with EU regulators, but they have not been finalized.BioMarin also reiterated prior communications regarding dosing the final 3 patients by August and sharing the full 16 week data for all 12 patients by year-end.

    Shares of BioMarin Pharmaceutical have dropped 3.9% to $80.77 at 1:00 p.m. today.

  • [By Ben Levisohn]

    Currency probably the biggest impact: While UK sales are generally minimal for individual companies, broader European exposure varies widely for each of our large-cap companies, withCelgene andAlexion Pharmaceuticals seeing the highest exposure followed by Amgen, Gilead Sciences, Incyte (INCY) and BioMarin Pharmaceutical (BMRN), andBiogen least so.

  • [By Ben Levisohn]

    Pullback BucketNames where we believe the pullback has created compelling opportunities:BioMarin Pharmaceutical (BMRN),Neurocrine Biosciences (NBIX), Medicines Company (MDCO).

  • [By Ben Levisohn]

    SRPT’s dystrophin argument strongly challenged and largely invalidated by the FDA. Recall, the panelists were very critical of dystrophin data for BioMarin Pharmaceutical (BMRN), and we expect a similar level of scrutiny. The FDA points out two major concerns with Sareptas method of quantifying dystrophin expression: 1) reconciling the low correlation between Western blot vs. immunofluroesscence, and 2) overexaggeration of the data. To the first point, not only was the correlation between the two methods not strong, when considering Western blot as a more relevant and reliable quantitative measurement for dystrophin expression, FDA sees the resulting 0.9% (of normal) after 3.5 years as disappointing. To the latter point, the applicants suggestion of an 11.6-fold increase in de novo dystrophin production assumes a baseline of 0.08% dystrophin level, which is below the instruments detection level of 0.25%.

10 Best India Stocks To Watch Right Now: Pacific Gas & Electric Co.(PCG)

Advisors’ Opinion:

  • [By David Dittman]

    PG&E Corp (NYSE: PCG), Edison International (NYSE: EIX) and Sempra Energy (NYSE: SRE) are the parent entities of California’s investor-owned utilities.

10 Best India Stocks To Watch Right Now: Prestige Brand Holdings Inc.(PBH)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Castor believes the cash has disappeared into working capital, which has grown from 23% to more than 50% since 2008. Comparable company PrestigeBrand (PBH) uses 11%; Unilever(UL) and Colgate-Palmolive(CL) far less.

10 Best India Stocks To Watch Right Now: Pinnacle West Capital Corporation(PNW)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Iron Mountain has gained 2.6% to $26.55 at 3:05 p.m., making it the fourth-best performer in the S&P 500, ahead of WPX Energy (WPX), which has gained 2.4% to $19.94, Pinnacle West Capital (PNW), which has gained 2.3% to $53.55 and Dominion Resources (D), which has risen 2.1% to $59.85.

10 Best India Stocks To Watch Right Now: E*TRADE Financial Corporation(ETFC)

Advisors’ Opinion:

  • [By Jon C. Ogg]

    E*TRADE Financial Corp. (NASDAQ: ETFC) was reiterated as Buy, but the price target was raised to $19.50 from $16.50, at Sterne Agee, making the third or fourth such price target upgrade in as many days, but what stands out here is that this appears to now be a “street-high” price target.

  • [By Jon C. Ogg]

    E*Trade Financial Corp. (NASDAQ: ETFC) was up another 1.6% at $32.97. Ithas a total market cap of $9 billion, and over the past five trading days the stock has gained 17%. Shares of Morgan Stanley (NYSE: MS) were last seen at $39.09, up 17% in the past fivetrading days. The market cap is$74.7 billion.

10 Best India Stocks To Watch Right Now: S&P GSCI(GD)

Advisors’ Opinion:


    Its this kind of environment that has made the iShares U.S. Aerospace & Defense ETF(ITA) one of the best-performing ETFs over the past decade. Companies like Lockheed Martin Corporation (LMT) and General Dynamics Corporation (GD) have thrived by producing solutions funded by a thick military wallet.

  • [By Ben Levisohn]

    The 20 stocks meeting those requirements are: Ralph Lauren (RL), Time Warner(TWX), Twenty-First Century Fox(FOXA), PepsiCo(PEP), Estee Lauder(EL), Tesoro(TSO), XL(XL), Ameriprise Financial,(AMP), Unum(UNM), Merck(MRK), AbbVie(ABBV), Gilead Sciences(GILD), General Dynamics(GD), Alaska Air(ALK), United Continental(UAL), Delta Air Lines(DAL), Oracle(ORCL), eBay(EBAY), Apple(AAPL), and Centurylink(CTL).

  • [By Chad Tracy]

    Let's take a look at three stocks in the aerospace and defense sector that look more attractive at today's prices.

    General Dynamics (NYSE: GD) General Dynamics is currently trading around $86 per share, which is close to its 52-week high of $87.85. Yet earnings support this valuation, and the company's forward price-to-earnings (P/E) ratio is only 11, compared with an industry average of 18. The current price to book value is 2.5. The company also carries very little debt, with a debt-to-equity ratio of 0.3.

    General Dynamics generates huge revenue through its contracts with the U.S. government. Its marine systems division owns three of the six submarine shipyards in the U.S. Long-term contracts with the U.S. government are estimated to be worth $78 billion for attack submarines and $140 billion for ballistic missile submarines.

  • [By Ben Levisohn]

    Deutsche Bank’s Myles Walton and Louis Raffetto explain why the cut General Dynamics (GD) to Hold from Buy:

    [Gulfstream] G650 inventory and price trends quickly becoming a problem: With the bizjet malaise & the unique contribution that the G650 has to General Dynamics, weve kept a particular eye on that product as downside risk. Over the last five months, weve seen the available for sale G650s move from 9 to 22 currently (vs. 4 in Mar 15). Additionally, the continued downward asking price will start to impede on new G650 ordersif not cancellation activity (average ask ~$66M with negotiating flexibility of about $5M). With realized prices for new aircraft at $67M, we havent seen much cancellation activity and perhaps wont given sizable customer deposits; however, the inventory climb implies OEM production may be 20-30% above actual demand over the medium-term…

    We remain positive onGeneral Dynamics’ defense biz (60% of ’16E seg EBIT) & while we’ve historically seen Gulfstream as a plus despite softening bizjet trends, the alarming G650 available-for-sale trends in the last few months has moved our opinion. While risks related to the G450/550 transition to the G500/600 are well known, it is the G650 that drives 2/3rds of the unit’s profit and with 2-3 G650/mo hitting the market for every 5/mo delivered, we struggle with sustainability and accordingly lower ourGeneral Dynamics EPS estimates 5% and 10% for 2017 & 2018, respectively. Downgrade to Hold on preference for select peers.

    Of the 21 stocks Walton covers, he Buy ratings on eight, including Boeing (BA), Northrop Grumman (NOC), and Rockwell Collins (COL).

    Shares of General Dynamics have dropped 4% to $129 at 2:34 p.m. today, while Boeing has fallen 1.1% to $131.43, Northrop Grumman has declined 0.6% to $193.89, and Rockwell Collins has 0.9% $90.83.


10 Best India Stocks To Watch Right Now: Computer Sciences Corporation(CSC)

Advisors’ Opinion:

  • [By R. Chandrasekaran]

    Some of the outperforming stocks:

    NVDIA Corp (NASDAQ: NVDA) trading up about 5.7 percent with a range between $69.50 and $71.72., Inc. (NASDAQ: AMZN) is gaining about 4 percent. The stock ranged between $770.94 and $787.73. Computer Sciences Corporation (NYSE: CSC) is gaining about 3.3 percent with the stock trading between $56.10 and $58.01. Microsoft Corporation (NASDAQ: MSFT) is adding about 3 percent with the stock ranging $59.78-$60.52. Alphabet Inc (NASDAQ: GOOGL) is gaining about 2.9 percent with the stock trading between $792.90 and $805. Intel Corporation (NASDAQ: INTC) is adding approximately 2.9 percent with shares trading in the range of $34.15-$34.60. Cisco Systems, Inc. (NASDAQ: CSCO) is gaining about 2.8 percent as the stock traded between $30.61 and $31.05., inc. (NYSE: CRM) is adding about 2.8 percent with the shares traded in the range of $75.41-$77.00

  • [By Monica Gerson] Related CSC Earnings Scheduled For May 24, 2016 8 Stocks You Should Be Watching Today Computer Sciences' (CSC) CEO Mike Lawrie on Q4 2016 Results – Earnings Call Transcript (Seeking Alpha) Related Earnings Scheduled For May 24, 2016 8 Stocks You Should Be Watching Today Hewlett Packard Enterprise Announces Plans for Tax-Free Spin-Off and Merger of Enterprise … (GuruFocus)

    Some of the stocks that may grab investor focus today are:

10 Best India Stocks To Watch Right Now: Reynolds American Inc(RAI)

Advisors’ Opinion:

  • [By Shauna O’Brien]

    On Friday, tobacco company Reynolds American, Inc. (RAI) reported a public offering of $1.1 billion aggregate principal amount of senior notes.

    The notes include $500 million aggregate principal amount of 4.850% Senior Notes due 2023 and $550 million aggregate principal amount of 6.150% Senior Notes due 2043.

    RAI plans to use the funds obtained from the notes to buy back $200 million of the outstanding principal amount of its 7.300% notes due in 2015 and the $775 million outstanding principal amount of notes due in 2016.

    Reynolds American shares were mostly flat during pre-market trading Friday. The stock is up 16% YTD.

  • [By Ben Levisohn]

    Cigarette seller Altria (MO) is supposed to be a nice, safe consumer staple stock. So why is it down more than 3% today when the stock market is rallying? And why are other tobacco companies like Reynolds American (RAI) and Phillip Morris International (PM) also getting hammered? Wells Fargo’s Bonnie Herzog has an idea:

  • [By Ben Levisohn]

    Reynolds American (RAI) topped the S&P 500 today after receiving a bid from British American Tobacco (BTI) that values the stodgy tobacco stock at $$56.50 a share.

    Getty Images

    Shares of Reynolds American soared 14% to $53.78 today, while the S&P 500 finished little changed at 2,141.16.

    Cowen’s Vivien Azer and Aaron Grey call the “multiple offered for Reynolds American quite compelling.” They explain why:

    British American Tobaccois proposing to acquire the outstanding 58% of RAI that it does not already own. The offer of $56.50 / share is comprised of $24.13 in cash, and the rest in BAT shares. The deal constitutes a 16.3x EBITDA multiple, which we view as quite attractive in the tobacco landscape (in particular, as it represents a healthy premium relative to the 13x that RAI paid for Lorillard)…

    We view the multiple offered for RAI as quite compelling. That said, CEO Susan Cameron has distinguished herself by creating exceptional shareholder returns via both the acquisition of Lorillard as well as the $5 bn sale of Natural American Spirits international business to JT. As such, we would not rule out the possibility of RAI negotiating a modest premium relative to this offer. We would note that we would not expect these negotiations to be protracted, given that this deal could face far less regulatory scrutiny (as unlike theLorillard deal, we do not see any meaningful antitrust issues). Maintain Outperform rating on Reynolds American.

    Thanks to the takeover offer, Reynolds American, which reported net income of $3.3 billion on sales of $10.7 billion in 2015, saw its market capitalization jump to $76.8 billion today from $67.3 billion yesterday.




10 Best India Stocks To Watch Right Now: Seres Therapeutics, Inc.(MCRB)

Advisors’ Opinion:

  • [By Lisa Levin]

    Seres Therapeutics Inc (NASDAQ: MCRB) shares dropped 70 percent to $10.69 after the company reported interim results from SER-109 Phase 2 ECOSPOR study in multiply recurrent clostridium difficile infection. The study did not achieve primary endpoint.

10 Best India Stocks To Watch Right Now: ConocoPhillips(COP)

Advisors’ Opinion:

  • [By Matt Egan]

    It’s rocking your retirement account: The Dow has plummeted 1,800 points so far this year and CNNMoney’s Fear & Greed Index is flashing “extreme fear.” You’re not going to be happy when you open your 401(k) statement. The freakout on Wall Street has been largely driven by the crash in oil. It’s caused energy profits to plunge and slammed stocks like Chevron (CVX) and ConocoPhillips (COP).

  • [By Sankalp Soni]

    For the first time in eight years, OPEC has decided to cut oil production. The announcement has sent crude oil rallying 10 percent higher since, and led to a rally across the board in Chevron Corporation (NSYE: CVX), Exxon Mobile Corporation (NYSE: XOM), BP plc (ADR) (NYSE: BP) ConnocoPhillips (NYSE: COP) and the United States Brent Oil Fund LP (ETF) (NYSE: USO).

  • [By Ben Levisohn]

    Unlike ConocoPhillips (COP), Hess’s (HES) dividend wasn’t big enough to move the needle if cut. So it’s selling stock instead:

    Bloomberg News

    Hess has priced the concurrent offering of ~28.8mm shares of common stock and ~11.5mm depositary shares, assuming the over-allotment options are exercised. The depositary shares represent a 1/20th interest in each share of Hess 8% Mandatory Convertible Preferred Stock, which unless converted earlier at the option of the holder will convert on or around February 1st, 2019 into Hess common shares. Based on the equity offering price of $39/share, we estimate total net proceeds of ~$1.65bn net common offering proceeds of $1.09bn and net depositary share offering proceeds of ~$558mm. The offerings represent ~10% of Hess prior outstanding share count and ~15% on fully diluted basis including the conversion of the convertible preferred shares.

    Hess said it will use the proceeds from the offerings for general corporate purposes and to strengthen its balance sheet. Prior to the offering, Hess already had one of the strongest balance sheets within our E&P coverage group with a net debt/capitalization ratio of ~14% at YE15 and more than ~$2.7bn of cash on its balance sheet. However, based on current NYMEX strip prices and after dividends, Hess was confronting a ~$2.0bn cash flow outspend this year and another ~$2.3bn in 2017. Mgmt. emphasized that it has no intention to cut the companys dividend.

    Mgmt. emphasized that the offerings were not intended to pre-fund any M&A activity or to accelerate drilling activity.

    Shares of Hess have tumbled 11% to $38.89 at 1:26 p.m. today, while the Energy Select Sector SPDR ETF (XLE) has fallen 2.2% to $56.

  • [By Matt Egan]

    In addition to Exxon, S&P also warned it could downgrade the credit ratings of ConocoPhillips (COP) and Anadarko Petroleum (APC).

  • [By Chris Lange]

    ConocoPhillips (NYSE: COP) saw the number of its shares short increase slightly to 17.33 million from the previous level of 17.19 million. Shares closed Wednesday at $45.73, within a 52-week range of $31.05 to $55.61.

Top Insurance Stocks To Buy Right Now

German property stocks have had a good year, which reflects two things: (1) strong dynamics in German property, primarily based on solid economic growth (ECB forecasts ~1.6% real GDO growth through 2018) and (2) negative ECB deposit rates, which lower financing costs for developers and landlord while also forcing institutional buyers (insurance companies, pension funds and asset managers) into real estate in an attempt to preserve returns.

As the post Brexit global rush for yield over the summer drove some names in this peer group, such as Deutsche Wohnen (OTC:DWHHF) and LEG Imoblilien (OTCPK:LEGIF) ((LEG on the German stock exchange), to significant premiums to Net Asset Value (NAV), investors faced the question of how long to hold onto the rope. However strong the economic backdrop, it is always harder to buy property stocks above 1x NAV given this requires supportive outcomes over the midterm.

Very recently, the backup in sovereign yields across developed markets combined with talk of a reduced rate of asset purchases by the ECB has triggered some profit taking in German real estate stocks. This has bought leading stocks back to less challenging valuations. A short time ago I wrote about Deutsche Wohnen in this context. Investors should also know about LEG Immobilien. The White line in the chart below is LEG’s market cap, the green line its estimated NAV. As you can see, for the first time in a long while, investors can buy LEG below NAV.

Top Insurance Stocks To Buy Right Now: Markel Corporation(MKL)

Advisors’ Opinion:

  • [By Money Morning News Team]

    Most Expensive Stocks No. 5: Markel Corp.
    The fifth most expensive stock, finance company Markel Corp. (NYSE: MKL), is the last of the triple-digit stocks on our list at $849.61 per share.

  • [By Michael Hooper]

    When compared with similar companies, Berkshire Hathaway carries a premium over Markel (NYSE: MKL  ) , valued at 1.15 times book value and a 20 forward P/E ratio; and Leucadia National (NYSE: LUK  ) , valued at 1.10 times book value and a 7.16 trailing P/E.

Top Insurance Stocks To Buy Right Now: Colliers International Group Inc. (CIGI)

Advisors’ Opinion:

  • [By Lee Jackson]

    A10% owner of Colliers International Group Inc. (NASDAQ: CIGI) wasadding to holdings last week. Spruce House Partners bought a total of 133,800 shares of the company at $42.05 per share. The total for the buy was listed at $6 million.

Top Insurance Stocks To Buy Right Now: Broadcom Corporation(BRCM)

Advisors’ Opinion:

  • [By Shauna O’Brien]

    Susquehanna reported on Tuesday that it has raised its rating on Broadcom Corporation (BRCM).

    The firm has upgraded BRCM from “Neutral” to “Positive,” and has lifted the company’s price target from $33 to $35. This price target suggests a 23% upside from the stock’s current price of $26.91.

    Analyst Chris Caso commented: “Our downgrade of BRCM in May was predicated on already high Street expectations on handsets and no notable improvement in networking to drive upside. We think expectations and the stock price have now been sufficiently reset ahead of what we expect to be catalysts in 2014 including the iPhone 6 product cycle, potential improvement in networking and the impact from the recent Renesas acquisition. In addition, after several years of overspending on their handset initiatives, we think we are now closer to the point where the company either captures a return on that investment or is forced to moderate spending either of which benefit profitability. We see the upcoming December analyst meeting as a potential intermediate catalyst.”

    Broadcom shares were up 38 cents, or 1.41%, during pre-market trading Tuesday. The stock is down 19% YTD.

Best India Companies To Invest In Right Now

Azure Power Global has registered an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). This will be the most recent public company in the Azure master limited partnership (MLP) family, once the shares make their debut on the market. The company expects to price its 3.41 million shares in the range of $21 to $23 per share. The entire offering is valued up to about $90.18 million. The company intends to list on the New York Stock Exchange under the symbol AZRE.

The underwriters for this offering are Barclays, Credit Suisse and Roth Capital Partners.

The companys mission is to be the lowest-cost power producer in the world. It sells solar power in India on long-term fixed price contracts to customers at prices that in many cases are at or below prevailing alternatives for these customers. Azure Global is also developing micro-grid applications for the highly fragmented and underserved electricity market in India. Since inception, it has achieved a 73% reduction in total solar project cost, which includes a significant decrease in balance of systems costs due in part to its value engineering, design and procurement efforts.

Best India Companies To Invest In Right Now: ADA-ES Inc.(ADES)

Advisors’ Opinion:

  • [By Jim Robertson]

    Yesterday, our Under the Radar Moversnewsletter suggested small cap emissions solutions stock Advanced Emissions Solutions, Inc (NASDAQ: ADES) as a potential long/bullish trade:

Best India Companies To Invest In Right Now: Cresud S.A.C.I.F. y A.(CRESY)

Advisors’ Opinion:

  • [By Cameron Swinehart]

    Cresud (CRESY) –

    An Argentinean based agriculture company that currently owns roughly 2.4 million acres of farmland in Argentina, Brazil, Paraguay and Bolivia. CRESY produces a variety of crops consisting of soybeans, corn, and sugarcane. It also has operations in beef cattle and milk production. In the second quarter, Cresud sold 4 of its farms for roughly $60.5 million and saw large gains in its farmland development business. CRESY is currently trading down roughly 60% from its highs back in late 2010. Many farming companies have struggled to release value for shareholders with the drop in crop prices but now many are beginning to see value with the sale of farmland.

Best India Companies To Invest In Right Now: Apache Corporation(APA)

Advisors’ Opinion:

  • [By Ben Levisohn]

    If you’re an oil explorer, you’re probably trying to avoid offshore right now. It’s expensive to reach, and, with oil still trading below $50, difficult to make profitable. That’s one reason companies have been touting big discoveries and buys onshore–see Apache’s (APA) big announcement from last week for one example. Yet here’s Anadarko Petroleum (APC) spending $2 billion to buy Freeport-McMoRan’s (FCX) Gulf of Mexico assets. What gives? UBS analyst William Featherston and team explain:

  • [By Ben Levisohn]

    Barclays analyst Thomas Driscoll and team see more dividend cuts and equity raises coming for oil & gas stocks like Apache (APA), Devon Energy (DVN),Encana (ECA), Anadarko Petroleum (APC), and Marathon Oil (MRO). They explain why:

  • [By Shauna O’Brien]

    On Wednesday, oil and gas company Apache Corporation (APA) announced that it has agreed to sell some of its gas producing properties in Canada for $112 million.

    The company will sell its Hatton, St. Lina, Marten Hills, Snipe Lake, Valhalla and a part of its Hawkeye properties. These properties are primarily located in Saskatchewan and Alberta and total approximatly 4,000 operating wells and 1,300 non-operating wells. The average daily production for these locations is about 38 million cubic feet of natural gas and 750 barrels of oil.

    The sales will be made in two separate deals. Both of these deals are expected to close in the fourth quarter.

    Apache shares were mostly flat during pre-market trading Wednesday. The stock is up 12% YTD.

  • [By Matt Egan]

    Before Tuesday, Big Oil’s credit ratings had been left largely intact by S&P. But with oil sinking back to $30 a barrel, the ratings firm took action by downgrading Chevron (CVX), EOG Resources (EOG), Apache (APA), Devon Energy (DVN), Hess (HES), Marathon Oil (MRO), Murphy Oil (MUR), Continental Resources (CLR) and Southwestern Energy (SWN).

  • [By Shauna O’Brien]

    Oppenheimer reported on Tuesday that it has raised its rating on energy company Apache Corporation (APA).

    The firm has upgraded APA from “Perform” to “Outperform,” and has given the company a $100 price target. This price target suggests a 12% increase from the stock’s current price of $87.57.

    Analysts believe that the current stock price already reflects risks and the company is repurchasing shares and debt.

    Apache shares were up 79 cents, or 0.91%, during Tuesday morning trading. The stock is up 12% YTD.

  • [By Wayne Duggan]

    Bernstein maintains Outperform ratings on the following oil stocks:

    Apache Corporation (NYSE: APA) Anadarko Petroleum Corporation (NYSE: APC) Cobalt International Energy, Inc. (NYSE: CIE) Cabot Oil & Gas Corporation (NYSE: COG) ConocoPhillips (NYSE: COP) Devon Energy Corp (NYSE: DVN) EOG Resources Inc (NYSE: EOG) Range Resources Corp. (NYSE: RRC) Southwestern Energy Company (NYSE: SWN)

    GMP analyst Bob Bakanauskas went long E&Ps back on February 3. He predicts that the oil market will transition from oversupply to undersupply in 2017. From that point forward, the world will once again require shale production growth.

Best India Companies To Invest In Right Now: Icahn Enterprises L.P.(IEP)

Advisors’ Opinion:

  • [By Robert Rapier]

    CVR Partners’ fertilizer plant is located in Coffeyville, Kansas, adjacent to the refinery owned by CVR Refining (NYSE: CVRR). CVR Energy (NYSE: CVI), majority-owned by Carl Icahn via Icahn Enterprises (NYSE: IEP), is the general partner and owns most of the units for both CVR Partners and CVR Refining.

Best India Companies To Invest In Right Now: Clean Diesel Technologies Inc.(CDTI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.

    Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.

Best Casino Companies To Own For 2017

JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:

Associated Press

Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized. Planned capacity is tighter. Buybacks have been more aggressive than modeled. Dividends have grown. The march towards investment grade continues. Granted, fuel retention metrics vary by airline, labor rates are being reset, and RASM is uninspiring. But we can identify no structural reason for selected stocks to be trading at 6-8x P/E, other than the market disagreeing with the heft and/or persistence of our (and consensus) forecasts, which rise again today. Put differently, we believe the main concern standing between investors and heady potential gains in U.S. airline equities is uncertainty around a recession. For those believing neither the U.S. nor the world slips into recession this year, we strongly urge you to consider our Overweight-rated names. Alternatively, for those leaning towards a recessionary outcome, we similarly urge you to ponder the industrys expected earnings power, given the abundance of evidence supporting a downturn with margins that actually should rival those of prior, cyclical peaks.

Best Casino Companies To Own For 2017: Rave Restaurant Group, Inc.(RAVE)

Advisors’ Opinion:

  • [By Rick Rouse]

    Rouse is sticking with his Best Stocks entry for this year’s competition. His selection is Rave Restaurant Group (RAVE), which owns Pie Five Pizza, a fast-casual pizza joint that Rouse thinks is changing the industry with its unique ovens.

    Says Rouse: “The company is on track to open 500 Pie Five locations over the next few years, and we are still in the early innings of this ballgame.” 

Best Casino Companies To Own For 2017: Barracuda Networks, Inc.(CUDA)

Advisors’ Opinion:

  • [By Peter Graham]

    The Q2 2017 earnings report for small cap security and storage solutions stock Barracuda Networks Inc (NYSE: CUDA) is scheduled for after the market closes onTuesday (October 11th).

  • [By Chris Lange]

    Barracuda Networks Inc. (NYSE: CUDA) is scheduled to release its fiscal second-quarter financial results after the markets close on Tuesday. Thomson Reuters consensus estimates are calling for $0.13 in earnings per share (EPS) on $85.27 million in revenue. In the same period oflast year,Barracuda Networksposted EPS of$0.10 and$78.37 million in revenue.

Best Casino Companies To Own For 2017: Tobira Therapeutics, Inc.(TBRA)

Advisors’ Opinion:

  • [By Benzinga News Desk]

    Allergan (NYSE: AGN) acquired Akarna Therapeutics global rights to AKN-083 for up-front payment of $50 million. This came just hours after Allergan bought Tobira Therapeutics (NASDAQ: TBRA) for upfront Payment of $28.35 share in cash, up to $49.84 per share in CVRs.

Best Casino Companies To Own For 2017: Alnylam Pharmaceuticals Inc.(ALNY)

Advisors’ Opinion:

  • [By Monica Gerson]

    Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Friday's regular session.

    Caterpillar Inc. (NYSE: CAT) Jan17 77.5 Calls Sweep: 1022 @ ASK $4.45: 1066 traded vs 2466 OI: Earnings 7/28 $75.88 Ref Anacor Pharmaceuticals Inc (NASDAQ: ANAC) Jan17 110 Calls: 500 @ Above Ask! $0.40: 509 traded vs 1860 OI: $99.22 Ref International, Ltd. (ADR) (NASDAQ: CTRP) Jun16 41.25 Calls Sweep: 577 @ ASK $1.75: 649 traded vs 1927 OI: Earnings 6/15 After Close $40.54 Ref Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY) Jun16 65.0 Calls Sweep: 749 @ ASK $1.85: 813 traded vs 370 OI: $63.08 Ref WhiteWave Foods Co (NYSE: WWAV) Oct16 50.0 Calls: 600 @ ASK $1.60: 601 traded vs 430 OI: $45.16 Ref

    Posted-In: Unusual Put OptionsNews Options Markets

  • [By Paul Ausick]

    Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY) lost about 50% Thursday to post a new 52-week low of $35.31 after closing Wednesday at $70.30. The 52-week high is $110.75. Volume of around 15 million was more than 20 times the daily average of around 640,000 shares traded. The company said today that it is discontinuing a late-stage clinical trial.