Top 10 Blue Chip Stocks To Invest In 2018

The stock market gave up ground on Tuesday, but investors saw major benchmarks recover from their worst levels of the day to finish down less than half a percent. Early in the day, poor earnings results from blue chip components of the Dow Jones Industrials weighed on market sentiment, and ongoing uncertainty about whether the Trump administration will be able to deliver on promised government reforms made some investors feel less confident about the future. However, several companies reported good news despite the dour mood on Wall Street, and GNC Holdings (NYSE:GNC), Stratasys (NASDAQ:SSYS), and Cabela’s (NYSE:CAB) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

GNC eases shareholders’ concerns

Shares of GNC Holdings jumped 24% after the company posted first-quarter results that, while not perfect, were still not as bad as some investors had feared. Revenue fell 4% from year-ago levels, and same-store sales dropped 3.9% in company-owned locations and 4.6% in domestic franchise stores. Moreover, net income dropped by more than half, leaving the company with just $0.37 per share in adjusted earnings. Yet those numbers encouraged those who are patient enough to give GNC time to remake itself, and CEO Bob Moran pointed to the company’s One New GNC transformation strategy as having shown signs of early success. With new loyalty programs producing some positive effects on transaction counts and volume, GNC hopes that business metrics will hit bottom and start to grow again in the near future.

Top 10 Blue Chip Stocks To Invest In 2018: CGG(CGG)

Advisors’ Opinion:

  • [By Lisa Levin]

    Friday afternoon, the energy sector proved to be a source of strength for the market. Leading the sector was strength from CGG SA (ADR) (NYSE: CGG) and Geospace Technologies Corporation (NASDAQ: GEOS).

  • [By Jonas Elmerraji]

    First up is French oil service firm CGG Veritas (CGG)
    . The Eurozone-based energy stock hasn’t exactly posted blockbuster performance in 2013, but investors who ignore CGG for the final stretch of the year could be making a big mistake. That’s because of a bullish technical pattern that’s emerging in shares right now.

    CGG spent most of the last eight months looking anything but bullish. But an ascending triangle pattern is changing that. The pattern is formed by horizontal resistance to the upside at $26, and uptrending support to the below shares. Basically, as CGG bounces in between those two technical levels, it’s getting squeezed closer and closer to a breakout above $26. When that happens, traders have a buy signal.

    The ascending triangle pattern in CGG Veritas isn’t exactly textbook. That’s because the setup is forming at the bottom of a downtrend, rather than in the middle of an uptrend – but it’s a mistake to get caught up on the textbook pictures of what trading patterns are supposed to look like. On a move through $26, the trading implications are just as actionable.

  • [By Lisa Levin]

    CGG SA (ADR) (NYSE: CGG) shares shot up 32 percent to $7.15 after the company reported an agreement in principle on financial restructuring plan with main creditors and DNCA.

Top 10 Blue Chip Stocks To Invest In 2018: Nuveen Municipal Value Fund Inc.(NUV)

Advisors’ Opinion:

  • [By Donald van Deventer]

    The latest implied forward rate forecast from Kamakura Corporation shows projected 10-year U.S. Treasury yields differing -0.07% to 0.03% from last week while fixed rate mortgage yields varied by -0.01% to 0.08%. Mortgage yields, determined by the Monday through Wednesday weekly survey of the Federal Home Loan Mortgage Corporation, lag Treasury movements simply because of the 3-day yield calculation used in the Primary Mortgage Market Survey. The 10-year U.S. Treasury yield is projected to rise from 2.92% at Thursday’s close (down 0.06% from last week) to 3.374% (down 0.06% from last week) in one year. The 10-year U.S. Treasury yield in ten years is forecast to reach 4.639%, 1 basis point lower than last week. The 15-year fixed rate mortgage rate is forecast to rise from the effective yield of 3.69% on Thursday (down 0.001% from last week) to 4.222% (down 0.006% from last week) in one year and 6.29% in 10 years, up 0.038% from last week. We explain the background for these calculations in the rest of this note, along with some mortgage servicing rights metrics. The forecast allows investors in exchange traded U.S. Treasury funds (TLT) (TBT), total return bond funds (BOND), municipal bonds (NUV) and exchange traded mortgage funds (REM) to assess likely total returns over the next 120 months. Treasury-related exchange traded funds affected by the forward rates include:

Top 10 Blue Chip Stocks To Invest In 2018: Luxoft Holding, Inc.(LXFT)

Advisors’ Opinion:

  • [By Steve Symington]

    Luxoft Holding(NYSE:LXFT)announced strong fiscal fourth-quarter results on Monday, after the market closed. Similar to its modest post-earnings drop in February, shares of the software development specialist fell 3.6% on Tuesday as investors absorbed the news.

Top 10 Blue Chip Stocks To Invest In 2018: Madison Square Garden Inc.(MSG)

Advisors’ Opinion:

  • [By Monica Gerson]

    Madison Square Garden Co (NYSE: MSG) is estimated to report a quarterly loss at $0.34 per share on revenue of $325.53 million.

    Gogo Inc (NASDAQ: GOGO) is projected to report a quarterly loss at $0.42 per share on revenue of $137.58 million.

  • [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]

    Meanwhile, Mark Boyar, of The Boyar Value Fund, recommends another household name: Madison Square Garden (MSG). He thinks the Dolan family could take the company private.

Top 10 Blue Chip Stocks To Invest In 2018: Salesforce.com Inc(CRM)

Advisors’ Opinion:

  • [By Chris Lange]

    Salesforce.com Inc. (NYSE: CRM) is expected to release its fiscal second-quarter financial earnings report after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $0.32 in earnings per share (EPS) and $2.51 billion in revenue. The same period of last year reportedly had EPS of $0.24 and $2.04 billion in revenue.

  • [By WWW.THESTREET.COM]

    “There are two things that mess up your relationships, it’s anger and fear,” explains Robbins. Robbins points to Salesforce (CRM) CEO Marc Benioff as being a total giver, which has set him up for success in business.

  • [By Craig Jones]

    Jon Najarian spoke on CNBC's Fast Money Halftime Report about bullish options activity in Salesforce.com, inc. (NYSE: CRM) and Apple Inc. (NASDAQ: AAPL).

  • [By Douglas A. McIntyre]

    By Douglas A. McIntyre

    « Intel’s Place in a Changing AMD and NVIDIA World 13 Cars That Compete with the Tesla Model 3 »
    Read more: Investing, Salesforce.com (NYSE:CRM), Walt Disney (NYSE:DIS), GOOGL, Microsoft (NASDAQ:MSFT), Twitter, Inc. (NYSE:TWTR)

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  • [By Craig Jones]

    On CNBC’s “Fast Money Halftime Report,” Jon Najarian said he noticed unusually high bullish options activity in Salesforce.com, inc. (NYSE: CRM) and SPDR S&P Retail (ETF) (NYSE: XRT).

  • [By WWW.THESTREET.COM]

    “There are two things that mess up your relationships, it’s anger and fear,” explains Robbins. Robbins points to Salesforce (CRM) CEO Marc Benioff as being a total giver, which has set him up for success in business.

Top 10 Blue Chip Stocks To Invest In 2018: Towerstream Corporation(TWER)

Advisors’ Opinion:

  • [By Lisa Levin]

    Towerstream Corporation (NASDAQ: TWER) shares were also up, gaining 9 percent to $3.49. Towerstream is scheduled to report Q2 financial results on August 9, 2016.

Top 10 Blue Chip Stocks To Invest In 2018: TherapeuticsMD, Inc.(TXMD)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    On the show’s “Lightning Round” segment, Jim Cramer was bullish on Penn National Gaming (PENN) , KeyCorp (KEY) and TherapeuticsMD (TXMD) .

    Quiet Breakups

Top 10 Blue Chip Stocks To Invest In 2018: MGM Resorts International(MGM)

Advisors’ Opinion:

  • [By Craig Jones]

    Jon Najarian noticed some call options activity in MGM Resorts International (NYSE: MGM). Traders were buying the September 32/37 call spread in the first half of the session on Thursday. Najarian likes the trade and he decided to initiate a long position in MGM Resorts.

  • [By Rich Duprey]

    The big casinos certainly want to spend big. Las Vegas Sands (NYSE:LVS) says a new integrated resort in Japan will cost anywhere from $6 billion to $10 billion, two to three times more than it spent on building its brand new French-themed Parisian resort in Macau. MGM Resorts (NYSE:MGM) says it, too, could spend $10 billion for a new casino in Japan, quadruple the cost of its MGM Cotai that’s scheduled to open later this year. Wynn Resorts (NASDAQ:WYNN) hasn’t put a price tag on it yet, though it spent over $4 billion to open the Palace in Macau last August, but CEO Steve Wynn says the opportunity is “thoroughly delicious.”

  • [By Ben Levisohn]

    With companies like Under Armour (UAA), MGM Resorts International (MGM), andUnited Parcel Service (UPS) reporting tomorrow, we thought we’d get a jump start on the stocks moving after today’s close:

Top 10 Blue Chip Stocks To Invest In 2018: Xerox Corporation(XRX)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Xerox Corp. (NYSE: XRX) which rose 3.8% to $30.56. The stocks 52-week range is $22.90 to $30.76. Volume was 3.8 million compared to its average volume of 2.3 million.

  • [By Paul Ausick]

    Xerox Corp. (NYSE: XRX) dropped about 23% on Tuesday to post a new 52-week low of $6.46 after closing at $8.73 on Friday. The dip was the result of the company’s completed separation into two firms this morning. After the early drop shares had gained around 17% by late afternoon, probably on the strength of a cash payment of $1.8 billion.

Top 10 Blue Chip Stocks To Invest In 2018: Nordic American Tankers Limited(NAT)

Advisors’ Opinion:

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 2.4% Wednesday to post a new 52-week low of $2.49 after closing at $2.55 on Tuesday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Tuesday morning explaining the shipper’s recapitalization program. The explanation did not sell any better today.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 3% Tuesday to post a new 52-week low of $2.51 after closing at $2.59 on Monday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Monday morning explaining the shipper’s recapitalization program. Apparently the explanation did not sit well.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 4.8% Monday to post a new 52-week low of $2.58 after closing at $2.71 on Friday. Volume was around 2.8 million, more than double the daily average of around 2.3 million. The firm sent shareholders a letter this morning explaining the shipper’s recapitalization program.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) posted a new 52-week low of $2.68 Wednesday, down about 27% after closing at $3.67 on Tuesday. The 52-week high is $9.32. Volume was about 20.3 million, more than 20 times the daily average of around 940,000 shares. The company announced priced a sale of $110 million in new shares at $2.75 per share.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) posted a new 52-week low of $2.64 Thursday, down a penny after closing at $2.65 on Wednesday. The 52-week high is $9.32. Volume was about 4.5 million, more than 3 times the daily average of around 1.3 million shares. The company announced Wednesday morning that it had priced a sale of $110 million in new shares at $2.75 per share.

  • [By Lisa Levin]

    Shares of Nordic American Tanker Ltd (NYSE: NAT) were down 25 percent to $2.74 after announcing a $100 million common stock offering.

    ArcBest Corp (NASDAQ: ARCB) was down, falling around 10 percent to $34.85. Stifel Nicolaus downgraded ArcBest from Hold to Sell.

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