ten best stocks

June 16, 2017: Here are four stocks trading with heavy volume among 80 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by more than 3 to 2 and on the Nasdaq, advancers led decliners by about 2 to 1.

Pandora Media Inc. (NYSE: P) dropped about 3.8% Monday to post a new 52-week low of $6.76 after closing at $7.03 on Friday. The stock’s 52-week high is $14.98. Volume of nearly 15 million was about 15% below the daily average. The company had no specific news.

DryShips Inc. (NASDAQ: DRYS) dropped nearly 33% Monday to post a new 52-week low of $1.18 after closing at $1.75 on Friday. Volume topped 12 million, about 50% higher than the daily average of around 8.6 million shares. The company will conduct a 1-for-5 reverse stock split on Thursday, it’s seventh reverse split since March 2016.

Yamana Gold Inc. (NYSE: AUY) dropped nearly 5% Monday to post a new 52-week low of $2.33 after closing Friday at $2.45. The 52-week high is $5.99. Volume was less than 10% higher than the daily average of about 13 million shares. The gold mining company had no specific news.

ten best stocks: Alaska Air Group, Inc.(ALK)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Alaska Air Group (ALK) has advanced 1.3% to $94.55 after getting upgraded to Buy from Hold at Stifel.

    Shake Shack (SHAK) has risen 1.7% to $33 after getting upgraded to Neutral from Underperform at Wedbush.

  • [By Adam Levine-Weinberg]

    Last year, a potential solution appeared when Alaska Air (NYSE:ALK) acquired Virgin America, which is the only other commercial airline at Love Field, whereas Alaska Airlines flies to nearby Dallas-Fort Worth International Airport (DFW). It seemed plausible that Alaska would consolidate its Dallas-area operations at DFW, the region’s main airport.

  • [By Adam Levine-Weinberg]

    To meet this condition, Delta and Aeromexico agreed to divest up to 24 slot pairs at Mexico City International Airport. Now, the three largest low-fare airlines in the U.S. — Southwest Airlines (NYSE:LUV), Alaska Air (NYSE:ALK), and JetBlue Airways (NASDAQ:JBLU) — are close to being cleared for expansion in Mexico City.

  • [By Ben Levisohn]

    While the airline stocks have pulled back recently, coming off a choppy 1Q17, we have In-Line ratings on the Big 3 (American Airlines [AAL], Delta Air Lines [DAL] and United Continental [UAL]), as well as on Alaska Air Group (ALK)…

  • [By Adam Levine-Weinberg]

    It’s been clear from the beginning that Alaska Air’s (NYSE:ALK) acquisition of Virgin America was bad news for United Continental (NYSE:UAL). Alaska Air’s management viewed the deal as a springboard for growth in California — especially in the Bay Area. Meanwhile, United is the dominant airline in San Francisco.

  • [By Paul Ausick]

    The best airline, overall, was Alaska Air Group Inc. (NYSE: ALK). Other category winners were Spirit Airlines Co. (NASDAQ: SAVE), which was ranked cheapest; Alaska rated most reliable; JetBlue Airways Inc. (NASDAQ: JBLU) was most comfortable; best for pets was Alaska; and the airline receiving the fewest complaints was Southwest Airlines Co. (NYSE: LUV).

ten best stocks: Straight Path Communications Inc.(STRP)

Advisors’ Opinion:

  • [By Ashley Moore]

    We’ve compiled a list of the most heavily shorted stocks to show you which stocks have the most negative sentiment on the market…

    Company Name (Ticker)Short FloatShare PriceHanwha Q Cells Co. Ltd. (Nasdaq ADR: HQCL)98.52%$ 8.88Renren Inc. (NYSE: RENN)91.59%$ 8.53Weight Watchers International Inc. (NYSE: WTW)67.92%$12.57INSYS Therapeutics Inc. (Nasdaq: INSY)66.71%$10.74Twilio Inc. (NYSE: TWLO)66.34%$33.17Nutanix Inc. (Nasdaq: NTNX)65.65%$31.96Fitbit Inc. (NYSE: FIT)55.15%$ 6.06Weibo Corp. (Nasdaq ADR: WB)53.83%$55.26RPC Inc. (NYSE: RES)53.62%$21.19Straight Path Communications Inc. (NYSEMKT: STRP)49.27%$34.79Momo Inc. (Nasdaq ADR: MOMO)48.63%$26.80Seritage Growth Properties (NYSE: SRG)46.91%$44.87Lannett Company Inc. (NYSE: LCI)45.46%$23.00Gogo Inc. (Nasdaq: GOGO)43.98%$ 9.10Altisource Portfolio Solutions SA (Nasdaq: ASPS)42.78%$22.73Cheetah Mobile Inc. (NYSE ADR: CMCM)40.86%$10.00

    Some investors think the only way to profit from the stock market is to buy stocks and wait for the price to rise. However, these investors are missing out on the massive profit opportunity that comes from shorting stocks.

ten best stocks: Polaris Industries Inc.(PII)

Advisors’ Opinion:

  • [By Elizabeth Balboa]

    Supply could come from any number of industry players, including Winnebago Industries, Inc. (NYSE: WGO), Thor Industries, Inc. (NYSE: THO), Polaris Industries Inc. (NYSE: PII) and Camping World Holdings Inc (NYSE: CWH). However, whether it comes from existing inventory and whether suppliers can meet the demand are yet to be seen.

  • [By Steve Symington]

    Polaris Industries Inc.(NYSE:PII)announced first-quarter 2017 results on Tuesday morning, punctuated by a narrower-than-expected net loss, improving retail sales in North America, and stabilizing off-road vehicle (ORV) market share.

ten best stocks: LINE Corporation (LN)

Advisors’ Opinion:

  • [By Seth McNew]

    Shares of the Japanese messaging and increasingly social media-like company Line Corp.(NYSE:LN)took a hit today, falling nearly 12% at one point today, even though the company reported a strong rise in sales for its first quarter and positive results from its new features.

  • [By Wayne Duggan]

    In addition to DianDianChong, Japanese company Line Corp (ADR) (NYSE: LN) holds a nearly 50 percent stake in a South Korean Snapchat clone called Snow. Line’s recent $45 million investment in Snow values the company at around $207 million compared to Snap’s $24.8 billion market cap. Snow currently has 40 million–50 million active users, less than a third of Snapchat’s audience. Snow’s app also features familiar face filters and disappearing messages.

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