Hot Blue Chip Stocks To Invest In 2019

tags:LLY,XHR,XCRA,IPWR,CERN,CFBK,

Jaydeb Dey

The Nifty in the previous session ended 0.29 percent lower at 10,741.10. It opened on positive note above 10,800-levels and got sold off towards ending the session with a bearish candle.

Ending the session with a bearish candle nearer to day's low suggests, it may once again challenge supports placed around 10,700 levels. Next most crucial midterm upward trend line support is placed around 10,680 levels. Hence, staying cautious on rise is advised.

However, traders and investors may once again accumulate blue chip stocks on dips around dual supports placed around 10,700 and 10,680.

related news Market Live: Sensex, Nifty open mildly lower: Asia mixed ahead of OPEC meeting Top buy & sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term

On the Nifty hourly chart, it is once again coming down to the 200-EMA placed around 10,710 levels. Chart pattern along with position of leading indicators suggests, it may see buying on dips around dual supports placed around 10,700 and 10,680.

Hot Blue Chip Stocks To Invest In 2019: Eli Lilly and Company(LLY)

Advisors' Opinion:

• [By ]

  Cramer and the AAP team weigh in on Eli Lilly's (LLY) deal to buy ARMO BioSciences (ARMO) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

• [By Chris Lange]

  Pfizer Inc. (NYSE: PFE) and Eli Lilly and Co. (NYSE: LLY) shares were largely unaffected after the firms announced results from a joint late-stage trial in patients with osteoarthritis (OA) pain. Overall the results were fairly positive, and tanezumab met all three co-primary endpoints.

• [By Max Byerly]

  FormulaFolio Investments LLC acquired a new stake in Eli Lilly And Co (NYSE:LLY) during the second quarter, HoldingsChannel.com reports. The fund acquired 2,679 shares of the company’s stock, valued at approximately $229,000.

• [By Chris Lange]

  Eli Lilly and Co.'s (NYSE: LLY) short interest shrank to 11.05 million shares from the previous 12.64 million. The stock was trading at $105.70. The 52-week range is $73.69 to $107.84.

Hot Blue Chip Stocks To Invest In 2019: Xenia Hotels & Resorts, Inc.(XHR)

Advisors' Opinion:

• [By Shane Hupp]

  LSV Asset Management lifted its stake in Xenia Hotels & Resorts (NYSE:XHR) by 18.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,446,848 shares of the real estate investment trust’s stock after acquiring an additional 679,100 shares during the quarter. LSV Asset Management owned approximately 4.16% of Xenia Hotels & Resorts worth $87,691,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Ethan Ryder]

  MGM Resorts International (NYSE: MGM) and Xenia Hotels & Resorts (NYSE:XHR) are both consumer discretionary companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability and valuation.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Xenia Hotels & Resorts (XHR)

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

Hot Blue Chip Stocks To Invest In 2019: Xcerra Corporation(XCRA)

Advisors' Opinion:

• [By Rich Smith]

  "Robust industry trends" in the semiconductor industry, argues Davidson, give this "leading provider of semiconductor test handlers and ... emerging player in the associated contactor and vision inspection markets" an "ample runway for growth." Cohu's also in the process of acquiring one of its top competitors, Xcerra Corporation (NASDAQ:XCRA), in a deal slated to close next quarter, which will add scale to Cohu's business even as it removes a source of price competition.

• [By Max Byerly]

  Shares of LTX-Credence Co. common stock (NASDAQ:XCRA) have been assigned a consensus rating of “Hold” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $14.00.

• [By Garrett Baldwin]

  Get an exclusive invitation to meet Tim before everyone else right here.

  Three Stocks to Watch Today: LC, GE, GS General Electric Co. (NYSE: GE) has ousted its CEO John Flannery. Shares are up more than 10% as investors celebrated the news. GE has been mired in a slump, particularly its turbine business. The firm's new CEO is H. Lawrence Culp, Jr., the former CEO of the industrial firm Danaher. Shares of LendingClub Corp. (NYSE: LC) are under pressure after the SEC charged one of the firm's divisions with mishandling client money. This weekend, the firm reached a settlement with regulators on charges that the firm inflated its revenue and made changes to products to make the firm look healthier than it is. As a result, the firm's board of directors forced CEO Renaud Laplanche to resign. Goldman Sachs Group Inc. (NYSE: GS) has replaced CEO Lloyd Blankfein, who has stepped down after more than a decade at the helm at one of Wall Street's most iconic banks. David Solomon – who has previously served as the firm's president and COO – will now bet the new CEO. His tenure begins at a tough time for Goldman as the bank struggles with lower trading desk revenues. Look for earnings reports today from Cal-Maine Foods Inc. (NASDAQ: CALM) and Xcerra Corp. (NASDAQ: XCRA).

  Follow Money Morning on Facebook, Twitter, and LinkedIn.

• [By Garrett Baldwin]

  The system that could make you $104,000 richer in the next 12 months…

  Shares of Tilray Inc. (NYSE: TLRY) surged more than 50% in pre-market hours. The stock popped after the company's CEO Brendan Kennedy told CNBC that partnerships between marijuana companies and alcohol companies and pharmaceutical giants may be on the way. Kennedy said that he believes alcohol firms should enter the cannabis sector in order to hedge against the growth of cannabis. Tesla Inc. (NASDAQ: TSLA) is under scrutiny this morning. The electric car manufacturer said that the Justice Department has requested documents around the recent batch of tweets sent by CEO Elon Musk about plans to take his company private. The U.S. Securities and Exchange Commission (SEC) has also sent subpoenas to Goldman Sachs and Silver Lake, which have acted as advisers to and evaluated Tesla's goal of going private. Musk's announcement on Twitter in August sent shares of TSLA soaring. However, his statement may have violated federal regulations because Musk failed to file an 8-K notification form with the SEC before the announcement. Shares of Netflix Inc. (NASDAQ: NFLX) were on the move after the stock received an upgrade from Guggenheim Securities. The investment firm hiked its price target from $360 to $420 per share and said that the company's local content strategy will bolster demand in India. The stock maintained its "Buy" rating. Look for additional earnings reports from Red Hat Inc. (NYSE: RHT), Copart Inc. (NASDAQ: CPRT), Herman Miller Inc. (NASDAQ: MLHR), and Xcerra Corp. (NASDAQ: XCRA).

  Follow Money Morning on Facebook, Twitter, and LinkedIn.

• [By Ethan Ryder]

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

  Get LTX-Credence Co. common stock alerts: LTX-Credence Co. common stock (XCRA) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com) Why Xcerra (XCRA) Could Beat Earnings Estimates Again (finance.yahoo.com) Cohu, Inc. — Moody’s rates Cohu’s CFR at B1; new Senior Secured Term Loan B at B1; outlook stable (finance.yahoo.com) Brokerages Expect LTX-Credence Co. common stock (XCRA) Will Announce Earnings of $0.28 Per Share (americanbankingnews.com)

  XCRA traded down $0.13 during midday trading on Friday, reaching $14.00. The company’s stock had a trading volume of 315,922 shares, compared to its average volume of 270,685. The firm has a market capitalization of $768.81 million, a P/E ratio of 28.57, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46. The company has a quick ratio of 3.35, a current ratio of 4.40 and a debt-to-equity ratio of 0.01. LTX-Credence Co. common stock has a twelve month low of $9.50 and a twelve month high of $14.87.

Hot Blue Chip Stocks To Invest In 2019: Ideal Power Inc.(IPWR)

Advisors' Opinion:

• [By Logan Wallace]

  Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

  Get Ideal Power alerts: Ideal Power (IPWR) Expected to Announce Quarterly Sales of $390,000.00 (americanbankingnews.com) -$0.15 EPS Expected for Ideal Power (IPWR) This Quarter (americanbankingnews.com) Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDial Plus Inverters (investingnews.com) Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDial Plus Inverters from NEXTracker for One of the Largest Solar-and-Storage Installations in Iowa (finance.yahoo.com)

  A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $1.50 price target for the company in a research note on Wednesday, January 10th. HC Wainwright reissued a “buy” rating and issued a $4.00 price target on shares of Ideal Power in a research note on Wednesday, March 7th. Roth Capital reissued a “hold” rating and issued a $1.00 price target on shares of Ideal Power in a research note on Wednesday, March 7th. Finally, B. Riley cut shares of Ideal Power from a “buy” rating to a “neutral” rating and cut their price target for the stock from $5.00 to $2.50 in a research note on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Ideal Power currently has a consensus rating of “Hold” and a consensus price target of $3.00.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Ideal Power (IPWR)

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

• [By Logan Wallace]

  Ideal Power (NASDAQ: IPWR) and Hollysys Automation Technologies (NASDAQ:HOLI) are both small-cap industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, analyst recommendations, profitability, risk and earnings.

Hot Blue Chip Stocks To Invest In 2019: Cerner Corporation(CERN)

Advisors' Opinion:

• [By Max Byerly]

  Qube Research & Technologies Ltd grew its holdings in Cerner Co. (NASDAQ:CERN) by 85.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,898 shares of the company’s stock after buying an additional 1,335 shares during the quarter. Qube Research & Technologies Ltd’s holdings in Cerner were worth $173,000 at the end of the most recent reporting period.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Cerner (CERN)

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

• [By Ethan Ryder]

  Cerner (NASDAQ:CERN) had its price objective decreased by SunTrust Banks to $58.00 in a research report sent to investors on Friday, The Fly reports. SunTrust Banks also issued estimates for Cerner’s Q1 2018 earnings at $0.55 EPS, Q2 2018 earnings at $0.60 EPS, Q3 2018 earnings at $0.65 EPS and Q4 2018 earnings at $0.64 EPS.

• [By Lisa Levin] Gainers Shineco, Inc. (NASDAQ: TYHT) rose 34.7 percent to $2.29 in pre-market trading following Q3 results. Shineco posted Q3 earnings of $0.21 per share on sales of $13.3 million. Carver Bancorp, Inc. (NASDAQ: CARV) rose 15.8 percent to $12.74 in pre-market trading after surging 201.37 percent on Thursday. LiveXLive Media, Inc. (NASDAQ: LIVX) shares rose 11.5 percent to $7.75 in pre-market trading after climbing 64.50 percent on Thursday. Eiger BioPharmaceuticals, Inc. (NASDAQ: EIGR) rose 9 percent to $18.30 in pre-market trading after climbing 41.77 percent on Thursday. AmTrust Financial Services Inc (NASDAQ: AFSI) rose 6.2 percent to $14.25 in pre-market trading after a 13D filing from Carl Icahn shows a new 9.38 percent stake in the company. The filing also shows language from Icahn that strongly opposes a go-private transaction. Cerner Corporation (NASDAQ: CERN) rose 5.6 percent to $64.02 in pre-market trading after the Department of Veterans Affairs reported an agreement with Cerner Government Services, Inc. to provide seamless care for veterans. PetroChina Company Limited (NYSE: PTR) shares rose 5.3 percent to $82.05 in pre-market trading. TC PipeLines, LP (NYSE: TCP) shares rose 5.2 percent to $26.59 in the pre-market trading session. IQVIA Holdings Inc. (NYSE: IQV) shares rose 4.8 percent to $102.50 in pre-market trading as the company pulled secondary offering 'in light of recent market conditions'. Axon Enterprise, Inc. (NASDAQ: AAXN) rose 4.5 percent to $59.70 in pre-market trading. On Thursday, Axon priced its 4.3 million share offering of common stock at $53 per share. The Trade Desk, Inc. (NASDAQ: TTD) rose 4.5 percent to $84 in pre-market trading. PetIQ Inc (NASDAQ: PETQ) rose 3.9 percent to $18.96 in pre-market trading after a 13G filing shows a new 5.05 percent stake by the State of New Jersey's Division of Investment. Mattel, Inc. (NASDAQ: MAT) shares rose 3.7 percent to $15.85 in pre-market
• [By Jon C. Ogg]

  Cerner Corp. (NASDAQ: CERN) was raised to Buy from Neutral at Citigroup.

  Exxon Mobil Corp. (NYSE: XOM) was raised to Market Perform from Underperform at Raymond James.

• [By ]

  Cerner Corp (Nasdaq: CERN) is the largest pure-play health care IT (HCIT) company in the world with clients in 30 countries and a footprint at 70 of the top 100 global health systems by patient revenue. The company is the market leader in health systems outside the United States with 28% of an otherwise fragmented market.

Hot Blue Chip Stocks To Invest In 2019: Central Federal Corporation(CFBK)

Advisors' Opinion:

• [By Ethan Ryder]

  TRADEMARK VIOLATION WARNING: “Central Federal Co. (CFBK) Director David L. Royer Acquires 5,000 Shares” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.tickerreport.com/banking-finance/4216324/central-federal-co-cfbk-director-david-l-royer-acquires-5000-shares.html.