Hot Low Price Stocks To Buy For 2019

tags:PFS,SSNLF,BKS,CCNE,PHH,AXTI, What happened

Shares of Alta Mesa Resources (NASDAQ:AMR) are plunging today, down 17.7% as of 11:45 a.m. EDT, after the oil and gas exploration and production company posted second-quarter earnings that fell well short of Wall Street expectations.

So what

Alta Mesa reported a net loss of $0.04 per share compared to analysts' expectations of a per-share profit of $0.10. While the company was able to grow production significantly -- July production was 50% higher than the beginning of the year -- and volumes of gas fracking water were up across its set of pipeline assets, low price realizations because of some unfavorable futures contracts and higher costs ate away at any chance of generating a positive return.

Image source: Getty Images.

Management tried to put its best face forward by raising production guidance for the full year, adding an additional drilling rig to its capital spending plan, and expanding its midstream footprint, but these capital spending plans are more than likely going to outstrip the company's cash-generating ability.

Hot Low Price Stocks To Buy For 2019: Provident Financial Services, Inc(PFS)

Advisors' Opinion:

• [By Joseph Griffin]

  Clifton Bancorp (NASDAQ: CSBK) and Provident Financial Services (NYSE:PFS) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, institutional ownership, earnings, dividends, risk and analyst recommendations.

• [By Logan Wallace]

  Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

  Get Provident Financial Services alerts: Head-To-Head Review: Provident Financial (PROV) versus Provident Financial Services (PFS) (americanbankingnews.com) Head-To-Head Contrast: Territorial Bancorp (TBNK) & Provident Financial Services (PFS) (americanbankingnews.com) Q3 2018 EPS Estimates for Provident Financial Services, Inc. Decreased by Piper Jaffray (PFS) (americanbankingnews.com) Provident Financial Services, Inc. (PFS) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)

  A number of research analysts have issued reports on PFS shares. Sandler O’Neill raised shares of Provident Financial Services from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research report on Friday, January 26th. ValuEngine raised shares of Provident Financial Services from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Provident Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Boenning Scattergood reissued a “hold” rating on shares of Provident Financial Services in a research report on Monday, January 29th. Finally, Piper Jaffray reissued a “hold” rating and set a $28.00 price objective on shares of Provident Financial Services in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Provident Financial Services currently has a consensus rating of “Hold” and an average price target of $28.42.

• [By Shane Hupp]

  Provident Financial Services (NYSE: PFS) and Dime Community Bancshares (NASDAQ:DCOM) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, earnings, analyst recommendations, profitability and valuation.

• [By Logan Wallace]

  SG Americas Securities LLC raised its stake in Provident Financial Services, Inc. (NYSE:PFS) by 204.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 27,047 shares of the savings and loans company’s stock after purchasing an additional 18,150 shares during the period. SG Americas Securities LLC’s holdings in Provident Financial Services were worth $745,000 as of its most recent SEC filing.

Hot Low Price Stocks To Buy For 2019: Samsung Electronics Co. Ltd. (SSNLF)

Advisors' Opinion:

• [By SEEKINGALPHA.COM]

  Now, this removes one big uncertainty (actually management was pretty convinced they would settle on favorable terms), but there are a few other headwinds that also led them to lower guidance when presenting Q3 figures:

  In the low end of the mobile market (imaging) they are experiencing increasing competition. They are dealing with this by concentrating on more sophisticated and integrated solutions and narrowing the strategic focus (this is already starting to pay off with design wins like the Huawei Mate 10). For now they expect imaging revenues to be at least $10M lower. The probability of recognizing revenue from Echo, a significant mobile customer for audio technologies, has progressively declined as well. Samsung (OTC:SSNLF) IP licensing is removed from the guidance as they are litigating the company for patent infringement. Management is convinced of a favorable outcome here as well (they embarked on extensive DD prior to filing), but unsure of the timing. Management believes at least $10M in licence revenues has been underreported, but likely resolution will shift this income to 2018. Roughly $5M in expected license revenue from Invensas Licensees will shift to 2018 Guidance excludes roughly $52M in cash receipts which the company can't recognize as revenue under purchase accounting related to the DTS acquisition (see below for an explanation). This is why cash flow figures are much better than earnings figures.

  These are all somewhat messy litigation and compliance issues, but at least the Broadcom issue has been settled and much of the rest is likely to shift to 2018. About the Purchase Accounting. From company PR:

• [By SEEKINGALPHA.COM]

  Micron has also been quickly transitioning to 3D NAND production, which carries higher margins and a wider product mix, keeping Micron's margins afloat (although still somewhat volatile) even with a market with heavier supply than demand. The company sold the Lexar (consumer products) division shifting towards scaling output of the enterprise product lineup. Micron is now in very capable hands with its new management team, and I trust that Maddock and Mehrotra will continue to phase out their exposure to the consumer sector (where Samsung (OTC:SSNLF) currently dominates) to providing specialized business memory products as well as graphics memory to grow and sustain margins. A diverse mix of product solutions gives Micron far more pricing power, as memory becomes less commoditized and instead is tailored to improve the efficiency of a business and provide value to a firm.

• [By SEEKINGALPHA.COM]

  I know this sounds to many of the readers who like to hate Apple for everything they do like shady behavior, but ask yourself this, where can you go to replace a Samsung (OTC:SSNLF) or an HTC battery? The fact of the matter is that Apple is offering a useful service that will allow users to prolong the use of their existing phone and in the process it is getting an extra opportunity to market to this consumer.

• [By Leo Sun]

  Micron controlled 23% of the global DRAM market during the first quarter, making it the third-largest manufacturer after Korean tech giants Samsung (NASDAQOTH:SSNLF) and SK Hynix. China is the world's largest importer of memory chips, consuming 20% of DRAM and 25% of NAND chips worldwide.

• [By SEEKINGALPHA.COM]

  Corning, Inc.'s Gorilla Glass has been included in over 5 billion devices such as smartphones, tablets, laptops and wearables like smartwatches designed and sold by over 40 different Original Equipment Manufacturers (OEMs). These include leading brands like Samsung (OTC:SSNLF), Acer, Sharp (OTCPK:SHCAY), Sony (NYSE:SNE) and many less-known brands. Apple (NASDAQ:AAPL) is not listed on the Corning website as an OEM using Gorilla Glass and little or no public information is available about its use. However, Corning has recently received $200M from Apple's new manufacturing investment fund.

Hot Low Price Stocks To Buy For 2019: Barnes & Noble, Inc.(BKS)

Advisors' Opinion:

• [By Daniel B. Kline]

  Barnes & Noble (NYSE:BKS) has been a slowly sinking ship for many years. You can blame some of that on Amazon (NASDAQ:AMZN) and some on the chain's own incompetence.

• [By Daniel B. Kline]

  Barnes & Noble (NYSE:BKS) has been in a slow, steady decline driven by the failure of its digital strategy and a loss of relevance for its stores.

• [By Daniel B. Kline]

  That leaves a hole in the market, one that will be filled partially by independent stores, but still leaves an opportunity for one struggling retailer. Unfortunately, the CEO of that retailer, Barnes & Noble (NYSE:BKS), has recently commented that his chain plans to reduce its assortment of toys.

• [By Rich Duprey]

  My colleague Dan Kline believes there's also an opportunity for Barnes & Noble (NYSE:BKS) to gain share in this space. Best known for books, it has also long been a retailer of specialty toys and games, and opening up its shelves to more mass-market toys could give it a wedge into the industry. Certainly this is a possibility, but like Walmart, Target, and other retailers, Barnes & Noble has no special knowledge or expertise in the space to allow it to make a grand entrance. It's just not a market it knows well, which means that another type of retailer that could make a pronounced move in the space faces the same kinds of hurdles.

• [By Motley Fool Staff]

  Barnes & Noble (NYSE:BKS) Q4 2018 Earnings Conference CallJun. 21, 2018 10:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Reuben Gregg Brewer]

  If you're like me, you love dividend stocks, particularly ones with high yields. However, you have to look past the yield when you weigh an investment, because all dividends are not created equal. Today, for example, utility SCANA Corp. (NYSE:SCG) and bookseller Barnes & Noble Inc. (NYSE:BKS) both offer hefty payouts, but neither should be added to your portfolio.

Hot Low Price Stocks To Buy For 2019: CNB Financial Corporation(CCNE)

Advisors' Opinion:

• [By Stephan Byrd]

  BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Thursday morning.

  A number of other research analysts have also recently issued reports on CCNE. ValuEngine cut shares of CNB Financial from a strong-buy rating to a buy rating in a report on Wednesday, May 2nd. Zacks Investment Research raised shares of CNB Financial from a sell rating to a hold rating in a report on Thursday, June 14th. Boenning Scattergood reaffirmed a buy rating on shares of CNB Financial in a report on Tuesday, April 17th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of CNB Financial in a report on Tuesday, April 10th. They issued a market perform rating and a $35.00 price target for the company. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $31.50.

• [By Ethan Ryder]

  CNB Financial (NASDAQ:CCNE) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.

• [By Max Byerly]

  BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Wednesday morning.

  Several other equities research analysts have also issued reports on CCNE. Boenning Scattergood reissued a buy rating and set a $29.50 price target on shares of CNB Financial in a research report on Monday, February 5th. Zacks Investment Research lowered CNB Financial from a buy rating to a sell rating in a research report on Tuesday, February 20th. ValuEngine raised CNB Financial from a buy rating to a strong-buy rating in a research report on Monday, April 2nd. Finally, Keefe, Bruyette & Woods initiated coverage on CNB Financial in a research report on Tuesday, April 10th. They set a market perform rating and a $35.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $31.50.

• [By Stephan Byrd]

  ILLEGAL ACTIVITY WARNING: “CNB Financial (CCNE) Rating Lowered to Sell at Zacks Investment Research” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3370450/cnb-financial-ccne-rating-lowered-to-sell-at-zacks-investment-research.html.

Hot Low Price Stocks To Buy For 2019: PHH Corp(PHH)

Advisors' Opinion:

• [By Logan Wallace]

  PHH (NYSE: PHH) and Orix (NYSE:IX) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their risk, institutional ownership, earnings, dividends, valuation, analyst recommendations and profitability.

• [By Stephan Byrd]

  Media headlines about PHH (NYSE:PHH) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PHH earned a news impact score of 0.17 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 45.9794154743809 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

• [By Ethan Ryder]

  New York State Common Retirement Fund decreased its stake in shares of PHH Co. (NYSE:PHH) by 25.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,300 shares of the credit services provider’s stock after selling 9,800 shares during the quarter. New York State Common Retirement Fund’s holdings in PHH were worth $306,000 as of its most recent SEC filing.

• [By Max Byerly]

  Orix (NYSE: IX) and PHH (NYSE:PHH) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, profitability, earnings, dividends, risk and institutional ownership.

• [By Max Byerly]

  PHH (NYSE:PHH) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 8th. Analysts expect the company to announce earnings of ($0.94) per share for the quarter.

Hot Low Price Stocks To Buy For 2019: AXT Inc(AXTI)

Advisors' Opinion:

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on AXT (AXTI)

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

• [By Lisa Levin] Gainers Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares climbed 154.95 percent to close at $5.15 on Thursday. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity. Tyme Technologies, Inc. (NASDAQ: TYME) jumped 33.45 percent to close at $3.87. Universal Corporation (NYSE: UVV) gained 29.72 percent to close at $62.85 after reporting fiscal Q4 results. Evolus, Inc. (NASDAQ: EOLS) shares rose 22.93 percent to close at $23.80. nLIGHT, Inc. (NASDAQ: LASR) jumped 21.52 percent to close at $36.37 following Q1 results. Hudson Technologies Inc. (NASDAQ: HDSN) gained 20.28 percent to close at $2.61. The Cato Corporation (NYSE: CATO) shares rose 19.57 percent to close at $21.45 after the company posted better-than-expected first-quarter results. AXT, Inc. (NASDAQ: AXTI) gained 18.8 percent to close at $7.90. Catasys, Inc. (NASDAQ: CATS) rose 16.33 percent to close at $6.41. HUYA Inc. (NYSE: HUYA) rose 15.68 percent to close at $23.09 on Thursday. Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS) climbed 15.11 percent to close at $6.02 on Thursday after gaining 6.30 percent on Wednesday. Baird initiated coverage on Marinus Pharmaceuticals with an Outperform rating. Destination Maternity Corporation (NASDAQ: DEST) shares rose 14.48 percent to close at $3.32 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan. China Rapid Finance Limited (NYSE: XRF) gained 11.53 percent to close at $3.29 after announcing preliminary Q1 results. Bilibili Inc.. (NASDAQ: BILI) shares rose 11.33 pe
• [By Logan Wallace]

  Texas Instruments (NASDAQ: TXN) and AXT (NASDAQ:AXTI) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, valuation, dividends and risk.

• [By Lisa Levin] Gainers Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity. Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process. Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results. Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58. Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009. The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results. Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613. Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan. AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65. nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results. Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303. Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results. Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake. HUYA Inc. (NYSE: HUYA) gained 13.1
• [By Joseph Griffin]

  Get a free copy of the Zacks research report on AXT (AXTI)

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

• [By Max Byerly]

  These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

  Get AXT alerts: Gallium Arsenide Global Market Players by 2023- Sumitomo Electric, AXT and China Crystal Technologies (newspharmaceuticals.com) TheStreet Downgrades AXT (AXTI) to C+ (americanbankingnews.com) Is this stock is Overbought? AXT, Inc. (AXTI) (stockquote.review) What Investors Should Know? AXT, Inc. (AXTI) (mostvolatilestocks.com) Community rallies around valley high school, putting on its first musical in 20 years (yourcentralvalley.com)

  Several analysts have recently issued reports on AXTI shares. BidaskClub upgraded AXT from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Dougherty & Co reiterated a “buy” rating on shares of AXT in a research note on Thursday, February 22nd. B. Riley decreased their price target on AXT from $8.75 to $8.25 and set a “neutral” rating for the company in a research note on Thursday, February 22nd. Zacks Investment Research downgraded AXT from a “buy” rating to a “hold” rating in a research note on Monday, January 1st. Finally, BWS Financial restated a “buy” rating on shares of AXT in a research note on Tuesday, April 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $10.44.