rolling stocks

Stocks finished little changed this week despite some big drops and some big gains caused, perhaps, by Trump administration policies.

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The S&P 500 advanced 0.1% this week after rising 0.7% to2,297.42 today, while the Dow Jones Industrial Average dipped 0.1% this week after gaining 186.55 points, or 0.9%, to 20,071.46 today. The Nasdaq Composite ticked up 0.1% this week after advancing 0.5% to5,666.77 today.

CMG Capital Management’s Steve Blumenthal remains bullish on the market despite its high valuation and the length of the bull market. He explains why:

Now, with all that said, I’m a trend following guy and despite my risk concerns (overpriced and aged bull market) the current weight of evidence remains bullish for equities. For now, that “trend is your friend” but keep Sam Stovall’s advice in mind. “Bull markets tend to end with a bang.”

rolling stocks: Lockheed Martin Corporation(LMT)

Advisors’ Opinion:

  • [By Laurie Kulikowski]

    We rate LOCKHEED MARTIN CORP as a Buy with a ratings score of A. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 

  • [By WWW.KIPLINGER.COM]

    Right now, Boeing is duking it out with Lockheed Martin Corporation (LMT) over a combat jet deal in Denmark a rare challenge in the international defense world.

  • [By JPMorgan]

    Lockheed is a leading defense company in an attractive market with a capable management team focused on shareholder returns. The company intends to return roughly all of its cash from ops to shareholders through 2017 (~$5bn annually) through share repurchases and dividends with the current yield of 3.0% leading the group. 

  • [By Michael A. Robinson]

    Key holdings in ITA include…

    Lockheed Martin Corp. (NYSE: LMT) makes a full range of unmanned vehicles. That means it can cover air, land, and sea assignments for both military and commercial uses. The company is widely known for military drones like the Desert Hawk III, used by the U.K. military to surveil suspected terrorists. It also makes the Marlin, an oceangoing drone that can conduct underwater surveys and inspections. Northrop Grumman Corp. (NYSE: NOC) makes unmanned aircraft for defense applications naturally. It’s also collaborating with Yamaha Corp. (NYSE ADR: YAMCY) to develop an autonomous helicopter with onboard intelligence-gathering equipment for such civilian uses as search and rescue and forest-fire monitoring. Raytheon Co. (NYSE: RTN) is a great backend play because of its drone-support platform. The Common Ground Control System is an open-format control station that can be used to control all manner of UAVs. I expect the system to be adapted for commercial/industrial use as well.

    As exciting as ITA’s drone exposure is, we also get a nice kicker with this ETF – defense spending.

rolling stocks: FLIR Systems, Inc.(FLIR)

Advisors’ Opinion:

  • [By Peter Graham]

    Oregon based small cap FLIR Systems (NASDAQ: FLIR) was founded in 1978 as a world-leading maker of sensor systems that enhance perception and heighten awareness, helping to save lives, improve productivity, and protect the environment. Through its nearly 3,500 employees, the Company’s vision is to be “The World’s Sixth Sense” by leveraging thermal imaging and adjacent technologies to provide innovative, intelligent solutions for security and surveillance, environmental and condition monitoring, outdoor recreation, machine vision, navigation, and advanced threat detection.

  • [By Teresa Rivas]

    Flir Systems(FLIR) was the biggest loser in the S&P 500 on Tuesday, but the stock recouped all its losses Wednesday, and then some.

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    Flir Systems gained $2.78, or 8.1%, to close at $36.93.

    The company’sdisappointing fourth-quarter earnings report was forgotten when it announced that the U.S. Coast Guard awarded it a $50 million contract. Flir will provide marine electronics systems for more than 2,000 Coast Guard vessels for its Scalable Integrated Navigation Systems 2 (SINS-2) program over a five-year period, with the option for extended delivery for an additional five years.

    Even before the news, Imperial Capital’sEd Mally was bullish on the stock’s prospects, who raised his price target on the stock by $2, to $38:

    Although we believe that some may still consider Flir as just a premier provider of very high-end cameras in the bellies of Bell Helicopters or border towers in a lumpy government sector, this 35-year-old company is a global leader in thousands of infrared detector cores and thermography equipment markets and also provides lower priced products to commercial and consumer security customers as well as other customers.

    Flir is up 2% so far this year.

    Coty(COTY) was the hottest stock in the S&P 500 yesterday.

  • [By Peter Graham]

    Oregon based small cap FLIR Systems (NASDAQ: FLIR) was founded in 1978 as a world-leading maker of sensor systems that enhance perception and heighten awareness, helping to save lives, improve productivity, and protect the environment. Through its nearly 3,500 employees, the Company’s vision is to be “The World’s Sixth Sense” by leveraging thermal imaging and adjacent technologies to provide innovative, intelligent solutions for security and surveillance, environmental and condition monitoring, outdoor recreation, machine vision, navigation, and advanced threat detection.

rolling stocks: Cracker Barrel Old Country Store Inc.(CBRL)

Advisors’ Opinion:

  • [By Jake L’Ecuyer]

    Cracker Barrel Old Country Store (NASDAQ: CBRL) shares tumbled 2.50 percent to $104.32 after the company reported a 1.1% drop in its fiscal fourth-quarter earnings and issued a downbeat Q1 forecast.

  • [By Monica Gerson]

    Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is projected to report its quarterly earnings at $1.80 per share on revenue of $705.65 million.

  • [By Monica Gerson]

    Analysts are expecting Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) to have earned $1.80 per share on revenue of $705.65 million in the latest quarter. Cracker Barrel shares gained 0.67 percent to $152.50 in after-hours trading.

rolling stocks: Oclaro, Inc.(OCLR)

Advisors’ Opinion:

  • [By Arie Goren]

    Advanced Micro Devices, Inc.(NSDQ:AMD)had been by far the best performer in 2016 among all the 413 Russell 3000 tech stocks. Its stock price appreciation of 295.1% in 2016 was significantly higher than the second ranked tech stock NVIDIA Corporation (NVIDIA (NSDQ:NVDA)which gained 223.8% and the third-ranked stock Oclaro Inc. (NSDQ:OCLR)which was up 157.2% in 2016.

  • [By Lisa Levin]

    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.

  • [By Evan Niu, CFA]

    Shares of optical component companies have dropped today, includingOclaro (NASDAQ:OCLR), Acacia (NASDAQ:ACIA), Lumentum (NASDAQ:LITE), and Finisar (NASDAQ:FNSR), whose shares were down 11%, 11%, 6%, and 3%, respectively, as of 3:30 p.m. EDT, after the U.S. broadened its investigation regarding compliance with sanctions programs.

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