Hot Penny Stocks To Own For 2019

tags:RMCF,YRCW,RIG,NYMT,UFPT,

Michael Kors Holdings (KORS) tumbled to the bottom of the S&P 500 today after beating earnings forecasts but offering disappointing guidance.

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Michael Kors dropped 11% to $36.82, while the S&P 500 finished little changed at 2,293.08.

Cowen’s Oliver Chen and team write that they cut estimates before Michael Kors reported but not enough:

KORS stock likely to trade down -MSD as we proactively cut estimates ahead of 3Q print, but still not enough given 3Q comps missed at -6.4% C/C (vs Street’s -5.1%) w/ gross margins also lower by -90bps, while adj. EPS of $1.64 beat by a penny on better SG&A. FY17 guide lowered on comps, plus EPS cut by ~-6% on headwinds in N. America & Europe. We rate KORS Market Perform.

Michael Kors’ market capitalization fell to $6.1 billion today from $6.8 billion yesterday.

Hot Penny Stocks To Own For 2019: Rocky Mountain Chocolate Factory Inc.(RMCF)

Advisors' Opinion:

• [By Ethan Ryder]

  Rocky Mountain Chocolate Factory (NASDAQ: RMCF) and Tootsie Roll Industries (NYSE:TR) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, dividends and analyst recommendations.

• [By Max Byerly]

  Rocky Mountain Chocolate Factory (NASDAQ: RMCF) and Tootsie Roll Industries (NYSE:TR) are both small-cap retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

Hot Penny Stocks To Own For 2019: YRC Worldwide Inc.(YRCW)

Advisors' Opinion:

• [By Joseph Griffin]

  Formula Growth Ltd. lifted its holdings in shares of YRC Worldwide Inc (NASDAQ:YRCW) by 300.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 600,000 shares of the transportation company’s stock after purchasing an additional 450,000 shares during the quarter. Formula Growth Ltd.’s holdings in YRC Worldwide were worth $6,030,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Logan Wallace]

  YRC Worldwide (NASDAQ: YRCW) and USA Truck (NASDAQ:USAK) are both small-cap transportation companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations and valuation.

• [By Rich Smith]

  It's boom times for the American trucking industry, with companies like JB Hunt and Old Dominion Freight Line enjoying 20%-plus sales growth (and even greater profits growth) in their most recent quarters. One company left out in the cold so far, however, has been rival trucker YRC Worldwide (NASDAQ:YRCW), which last quarter saw sales inch up just 5% -- and profits plummet 24% -- despite strong demand for trucking services across the country.

• [By Lisa Levin] Gainers Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares jumped 155.56 percent to close at $5.75 on Thursday. Inspire Medical Systems, Inc. (NYSE: INSP) shares gained 56.12 percent to close at $24.98. Inspire Medical went public Thursday on the New York Stock Exchange. The company issued 6.75 million shares priced at $16 each. Presbia PLC (NASDAQ: LENS) shares rose 53.02 percent to close at $3.55. Integrated Media Technology Limited (NASDAQ: IMTE) shares rose 46.29 percent to close at $32.11. The nano-cap low-float stock skyrocketed over 1,300 percent on Wednesday on no company specific news which would support the surge. The move higher is consistent with what was seen in other low-float stocks over the past few months. Technical Communications Corporation (NASDAQ: TCCO) climbed 27.78 percent to close at $5.75. STAAR Surgical Company (NASDAQ: STAA) shares gained 26.27 percent to close at $21.15 after reporting upbeat Q1 results. Sharing Economy International Inc. (NASDAQ: SEII) shares jumped 22.16 percent to close at $4.30 on Thursday after gaining 9.32 percent on Wednesday. China Advanced Construction Materials Group, Inc. (NASDAQ: CADC) rose 20.45 percent to close at $2.65 on Thursday. YRC Worldwide Inc. (NASDAQ: YRCW) surged 18.36 percent to close at $9.99 following upbeat quarterly earnings. MYR Group Inc. (NASDAQ: MYRG) jumped 17.68 percent to close at $35.74 after the company posted strong Q1 earnings. Xspand Products Lab Inc (NASDAQ: XSPL) jumped 17.4 percent to close at $5.87. Xspand Products priced its IPO at $5 per share. Coherus BioSciences, Inc. (NASDAQ: CHRS) shares rose 17.32 percent to close at $14.90. Coherus BioSciences reported resubmission of BLA for CHS-1701. Rudolph Technologies, Inc. (NASDAQ: RTEC) shares gained 17.17 percent to close at $31.05 following upbeat quarterly earnings. The Meet Group, Inc. (NASDAQ: MEET) gained 16.02 percent to close at $2.68 following Q1 earnings. Ca
• [By Stephan Byrd]

  Marten Transport (NASDAQ: MRTN) and YRC Worldwide (NASDAQ:YRCW) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, risk, dividends, earnings, institutional ownership, analyst recommendations and valuation.

• [By Logan Wallace]

  Get a free copy of the Zacks research report on YRC Worldwide (YRCW)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Penny Stocks To Own For 2019: Transocean Inc.(RIG)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Transocean (RIG)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Jim Crumly]

  As for individual stocks, Amazon.com (NASDAQ:AMZN) briefly broke through $1 trillion in valuation, and Transocean Ltd. (NYSE:RIG) announced plans to acquire Ocean Rig UDW (NASDAQ:ORIG).

• [By Matthew DiLallo]

  Shares of RigNet are up more than 18% since the announcement. However, the company's stock price had been in rally mode well before that news, rocketing 75% since the end of July. While some notable improvements in its second-quarter results likely helped ignite this rally, the company is also benefiting from the belief that the long-awaited offshore drilling recovery is beginning to unfold. The most recent comments supporting that view came from Transocean's (NYSE:RIG) CEO Jeremy Thigpen. He stated last week that he expects lease rates on rigs to improve, and that contracting activity should pick up in late 2019. Based on that outlook, he said that "we are far more bullish than we have been historically," which is one reason Transocean recently made another major acquisition.

• [By Neha Chamaria, Jason Hall, and Ashraf Eassa]

  When we asked three Motley Fool contributors to identify a stock they believe is absurdly cheap right now given its prospects, they picked Brookfield Infrastructure Partners (NYSE:BIP), Transocean (NYSE:RIG), and Western Digital (NASDAQ:WDC). Here's why.

• [By Tyler Crowe]

  Three stocks on my watchlist that look incredibly cheap and will likely be high up on my next buy list are LGI Homes (NASDAQ:LGIH), U.S. Silica Holdings (NYSE:SLCA), and Transocean (NYSE:RIG). Here's why they look compelling to me now and why Wall Street seems to be assigning them such modest valuations. 

Hot Penny Stocks To Own For 2019: New York Mortgage Trust Inc.(NYMT)

Advisors' Opinion:

• [By Max Byerly]

  NY Mtg Tr Inc/SH (NASDAQ:NYMT) last released its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.05. NY Mtg Tr Inc/SH had a net margin of 24.78% and a return on equity of 17.07%. The business had revenue of $17.50 million during the quarter. analysts anticipate that NY Mtg Tr Inc/SH will post 0.24 EPS for the current year.

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on NY Mtg Tr Inc/SH (NYMT)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Bank of New York Mellon Corp cut its position in shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,265,207 shares of the real estate investment trust’s stock after selling 27,565 shares during the quarter. Bank of New York Mellon Corp owned 1.13% of NY Mtg Tr Inc/SH worth $7,604,000 as of its most recent filing with the SEC.

Hot Penny Stocks To Own For 2019: UFP Technologies Inc.(UFPT)

Advisors' Opinion:

• [By Ethan Ryder]

  Media coverage about UFP Technologies (NASDAQ:UFPT) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UFP Technologies earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 47.0533500754779 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

• [By Joseph Griffin]

  UFP Technologies (NASDAQ: UFPT) and China XD Plastics (NASDAQ:CXDC) are both small-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, risk, profitability and earnings.

• [By Logan Wallace]

  China XD Plastics (NASDAQ: CXDC) and UFP Technologies (NASDAQ:UFPT) are both small-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation.