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Benzinga Pro provides its subscribers with real-time alerts of potentially market-moving options activity.
Here's a recap of the option alerts from Thursday, July 27, 2017. All timestamps are in Eastern Time.
1:31:40 pm: SNAP SNAP Sep 15 $14 Puts at the Bid: 2582 @ $1.861 vs 354 OI; Ref=$13.54
12:00:29 pm: INTC Intel Sep. 2018 $33 Puts Sweep (22) at the Bid: 1076 @ $2.55 vs 138 OI; Ref=$34.967
Best Blue Chip Stocks To Invest In Right Now: Globalstar Inc.(GSAT)
- [By Nicholas Rossolillo]
Globalstar (NYSEMKT:GSAT) has been growing its total sales, but still struggles with its bottom line. 2016 revenue increased 7%,but another round of financing could be needed to keep things afloat, as operating margin is still deep in the red. The company is making some headway, but time could be running out for the satellite communications provider.
Best Blue Chip Stocks To Invest In Right Now: Helmerich & Payne, Inc.(HP)
- [By Wayne Duggan]
While Loop maintains a Buy rating on all of the stocks mentioned above, Guggenheim analyst Michael LaMotte isn’t quite so bullish on the sector. Earlier this week, LaMotte downgraded the following oil services stocks from Buy to Neutral:
Baker Hughes Incorporated (NYSE: BHI)
Fairmount Santrol Holdings Inc (NYSE: FMSA)
Helmerich & Payne, Inc. (NYSE: HP)
Nabors Industries Ltd. (NYSE: NBR)
Schlumberger Limited. (NYSE: SLB)
Superior Energy Services
Guggenheim also cut its 2017 oil price forecast from $55 to $48/bbl.
- [By Lisa Levin]
Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected profit for its first quarter on Wednesday.
Helmerich & Payne, Inc. (NYSE: HP) posted upbeat results for its fourth quarter.
NetApp Inc. (NASDAQ: NTAP) reported stronger-than-expected results for its second quarter and issued strong Q3 guidance.
Emerson Electric Co. (NYSE: EMR) proposed to acquire Rockwell Automation (NYSE: ROK) for $225 per share in cash and stock.
- [By WWW.KIPLINGER.COM]
The oil services industry was one of the hardest hit energy segments during the collapse of the oil market. But incredibly, oil & gas driller Helmerich & Payne, Inc. (HP) raised its quarterly dividend as recently as August.
- [By Reuben Gregg Brewer]
The energy sector is feeling the pinch of low oil and natural gas prices, which has been a headwind for oil field services industry stalwart Helmerich & Payne, Inc. (NYSE:HP) and dragged down investor sentiment for midstream sector players Enterprise Products Partners L.P. (NYSE:EPD) and Buckeye Partners, L.P. (NYSE:BPL). But each of these companies has a long history of increasing dividends annually, which means that the bad news today is likely to be good news for dividend lovers looking for big yields.
Best Blue Chip Stocks To Invest In Right Now: Axsome Therapeutics, Inc.(AXSM)
- [By Jim Robertson]
On Tuesday, ourUnder the Radar Moversnewsletter suggested shorting small cap clinical-stage biopharmaceutical stock Axsome Therapeutics (NASDAQ: AXSM):
- [By William Romov]
Currently trading at $4.85, Manhattan-based Axsome Therapeutics Inc. (Nasdaq: AXSM) makes drugs to treat depression, Alzheimer’s disease, and chronic pain.
- [By Lisa Levin]
Axsome Therapeutics Inc (NASDAQ: AXSM) shares dropped 18 percent to $3.62. Axsome Therapeutics priced 3.74 million shares at $3.74 per share.
Shares of Canadian Solar Inc. (NASDAQ: CSIQ) were down around 11 percent to $12.10 after the company posted downbeat quarterly earnings and issued a weak forecast.
Best Blue Chip Stocks To Invest In Right Now: Silver Wheaton Corp(SLW)
- [By Rich Duprey]
Silver Wheaton (NYSE:SLW), of course, is a streamer like Sandstorm and Franco, but it is the largest in the precious-metals industry, and arguably the best-known, because its business model came to define what streaming is. Although it is known primarily for its silver contracts, Silver Wheaton also has sizable gold production that makes it worth your attention.
Best Blue Chip Stocks To Invest In Right Now: Public Service Enterprise Group Incorporated(PEG)
- [By Shauna O’Brien]
Jefferies announced on Tuesday that it has upgraded Public Service Enterprise Group Inc. (PEG).
The firm has lifted its rating on PEG from “Hold” to “Buy,” and has raised the company’s price target from $36 to $37. This price target suggests a 12% increase from the stock’s current price of $32.42.
Analyst Paul Fremont commented: “We are upgrading to Buy based on the improving outlook for regulatory approval of the company’s “Energy Strong” capital spending program.
“Each $1.0 billion of incremental spending will add an estimated $0.10 to PEG’s earnings. We assume that incremental spending is funded by debt and by incremental cash expected from the increasing gas basis differential between the Leidy hub and New Jersey. Our new estimates are considerably higher than consensus in 2014-16.”
Public Service Enterprise Group shares were mostly flat during pre-market trading Tuesday. The stock is up 6% YTD.
Best Blue Chip Stocks To Invest In Right Now: TD Ameritrade Holding Corporation(AMTD)
- [By Jayson Derrick]
Looking for a list of the most common stocks sold by retail investors? Well, TD Ameritrade Holding Corp, (NASDAQ: AMTD) recently ranked as the top retail broker, releases on a monthly basis a few interesting tidbits that gauge the trading activity of its clients.
- [By Chris Dier-Scalise]
After a slight pullback in April following a series of all-time highs, TD Ameritrade Holding Corp. (NASDAQ: AMTD)’s monthly summary of its Investor Movement Index showed its customers regained much of their former bullishness in May.
- [By WWW.MONEYSHOW.COM]
TD Ameritrade (AMTD) is very strong today for one reason — it’s a bull market stock — that directly benefits from a rising stock market, explains growth stock expert Mike Cintolo, editor of Cabot Top Ten Trader.
- [By Chris Dier-Scalise]
After a another month of record highs for the Dow Jones Industrial Average, which surpassed the $21,000 mark, and the S&P 500, which topped $2,400, TD Ameritrade Holding Corp. (NASDAQ: AMTD) released its March report for the Investor Movement Index. Tracking retail investor movement in and out of equities, the IMX, like the markets at large, hit a new high of 6.22 and showed retail investors were net buyers of equity over the month.
- [By Dan Caplinger]
Yet not all brokers decided to match Fidelity. TD Ameritrade (NASDAQ:AMTD) made a reduction in its commission, but by moving from $9.99 to $6.95, the company didn’t close the competitive gap entirely. In justifying that, CEO Tim Hockey said that TD Ameritrade’s clients “have told us time and again that value is delivered via rich experiences that prioritize flexibility and client choice, coupled with a simple, straightforward price.” The company pointed to its trading platforms, tools, product selection, and customer support as marks of distinction for TD Ameritrade over its peers.