Tag Archives: FCX

Top 10 Bank Stocks To Invest In Right Now

Infrastructure related sub-sectors show moves towards outperformance of the S&P 500 Index. The best trades combine a compelling fundamental idea with a compelling chart pattern. The improved performance of these sub-sectors coincides with pledges by both presidential candidates to infrastructure spending increase significantly.

Hillary Clinton has pledged to increase infrastructure spending by $275bn over five years. This includes 拢25bn for an infrastructure bank, bringing the total increase to $500bn, after private funding. Donald Trump has pledged to spend more than Clinton, but details of how to fund this aren’t clear.

Roads, bridges, ports, airports, railways, waterways, sewerage and water systems are all mentioned by Clinton. As she is odds on to win, her proposals carry more weight in financial markets.

There are two ways to graphically compare price series. We can rebase them (say to 100) at the start of the chart. This keeps two lines, and we see which does better. Alternatively, we can divide one series by the other. That method is used here.

Top 10 Bank Stocks To Invest In Right Now: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By WWW.KIPLINGER.COM]

    Some energy stocks just cant seem to catch a break and Freeport-McMoRan Inc. (FCX) is one of those energy stocks. As we all know, FCX made some bad moves and decided to get into the oil business just as prices were peaking. That wouldnt be so bad, if it wasnt for the massive debt it took out to buy stakes in the gulf and other regions.

  • [By Benzinga News Desk]

    Stephens (Equal-Weight) and Citi (Sell) both downgraded Atwood Oceanics (NYSE: ATW).

    Sell-Side's Most Noteworthy Calls
    Investec downgraded Anheuser-Busch (NYSE: BUD) to Hold.
    Deutsche Bank downgraded Freeport McMoRan (NYSE: FCX) to Hold.
    Goldman Sachs upgraded Microsoft (NASDAQ: MSFT) to Buy.
    Barclays upgraded Teck Resources (NYSE: TCK) to Overweight.
    BTIG started Adobe (NASDAQ: ADBE) at Neutral.
    Deal Talk

    U.S. oil refiner Tesoro (NYSE: TSO) said it would buy Western Refining (NYSE: WNR) for $4.1 billion to add refineries in Texas, New Mexico and Minnesota. The combined company will have refining capacity of over 1.1 million barrels per day. Tesoro has refineries in California, Washington, Alaska, Utah and North Dakota.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Freeport-McMoRan Inc. (NYSE: FCX) which jumped 5.1% to $12.90. The stocks 52-week range is $8.76 to $17.06. Volume was 23.36 million which is below the daily average of around 29.12 million shares.

  • [By Jon C. Ogg]

    The metals and mining sector has seen many winners, particularly in steel and copper. Freeport-McMoRan Inc. (NYSE: FCX) is big in copper and shares were last seen down 0.3% at $13.90 late on Monday, which might have been up more had it been less diversified. Shares of Freeport-McMoRanare up 26% in the past fivetrading days. The stock has a market cap of $18 billion.

Top 10 Bank Stocks To Invest In Right Now: Agenus Inc.(AGEN)

Advisors’ Opinion:

  • [By Lisa Levin]

    Agenus (NASDAQ: AGEN) rose 22.99% to $3.37 after the company reported positive follow-on Phase 2 results for brain cancer vaccine.

    Aeropostale (NYSE: ARO) shares jumped 18.23% to $10.18 after private equity firm Sycamore Partners bought a 7.96% stake in the company.

  • [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 Lisa Levin] Gainers
    Aimmune Therapeutics Inc (NASDAQ: AIMT) shares jumped 35 percent to $34.64 in response to failed DBVT peanut allergy trial.
    Exactech, Inc. (NASDAQ: EXAC) shares surged 30.9 percent to $41.88 after the company agreed to be acquired by TPG Capital for $42 per share in cash.
    Dextera Surgical Inc (NASDAQ: DXTR) shares climbed 27.6 percent to $0.238 after surging 40.48 percent on Friday.
    Petmed Express Inc (NASDAQ: PETS) jumped 21.8 percent to $44.73 as the company reported better-than-expected Q2 results.
    SenesTech Inc (NASDAQ: SNES) shares surged 21.7 percent to $1.95 after the company disclosed that Univar will be marketing and selling ContraPest.
    Yulong Eco-Materials Ltd (NASDAQ: YECO) shares gained 18.3 percent to $0.560.
    One Horizon Group Inc (NASDAQ: OHGI) shares rose 18 percent to $1.18.
    Atossa Genetics Inc (NASDAQ: ATOS) shares climbed 18 percent to $0.566. Atossa Genetics is schedule to host a conference call to announce preliminary results from Phase 1 study of oral Endoxifen on October 25, 2017.
    ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 15.3 percent to $2.72
    Renren Inc (NYSE: RENN) shares gained 11.9 percent to $10.71 after gaining 2.68 percent on Friday.
    Kalvista Pharmaceuticals Inc (NASDAQ: KALV) shares rose 11.8 percent to $12.59. KalVista Pharma 13D filing from Longwood Fund showed registration for an 8.7 percent stake.
    Xunlei Ltd (NASDAQ: XNET) shares gained 9.4 percent to $7.20 after surging 25.33 percent on Friday.
    VF Corp (NYSE: VFC) shares surged 7.1 percent to $71.09 after the company reported upbeat earnings for its third quarter and raised its FY2017 guidance.
    CAI International Inc (NYSE: CAI) rose 6.6 percent to $39.70. Cowen & Co. upgraded CAI from Market Perform to Outperform.
    Agenus Inc (NASDAQ: AGEN) shares gained 5.7 percent to $4.58 as the company disclosed that GSK's shingle vaccine received FDA approval.
    Deltic Timber Corp (NYSE: DEL) shares climbed 5.6 percent to $94.11
  • [By Cory Renauer]

    Shares of Agenus Inc (NASDAQ:AGEN), a biopharmaceutical company developing cancer therapies, had fallen about 14.5% as of 3:20 p.m. EST on Wednesday. Investors weren’t too thrilled about its cancer vaccine’s recent clinical trial failure.

Top 10 Bank Stocks To Invest In Right Now: SPDR Wells Fargo Preferred Stock ETF (PSK)

Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    DWFI holds five other SSgA fixed income ETFs, including the SPDR Wells Fargo Preferred Stock ETF (NYSE: PSK). PSK is DWFI's largest holding at a weight of 25.2 percent. DWFI's second-largest holding is an allocation of almost 25 percent to the SPDR Nuveen Barclays Municipal Bond ETF (NYSE: TFI).

Top 10 Bank Stocks To Invest In Right Now: T. Rowe Price Group, Inc.(TROW)

Advisors’ Opinion:

  • [By Jack Delaney]

    Some of the most well-known dividend aristocrats include:

    Exxon Mobil Corp. (NYSE: XOM) pays a dividend of $0.77, which is a yield of 3.75%. Aflac Inc. (NYSE: AFL) pays a dividend of $0.43, which is a yield of 2.32%. AT&T Inc. (NYSE: T) pays a dividend of $0.49, which is a yield of 5.12%. T-Rowe Price Group Inc. (Nasdaq: TROW) pays a dividend of $0.57, which is a yield of 3.27%. Clorox Co. (NYSE: CLX) pays a dividend of $0.84, which is a yield of 2.50%.

    If you just kept the dividends, your investment would be worth $11,147. That’s a difference of only $25. So it may not seem like a big deal at first glance.

  • [By Arie Goren]

    On November 5, Oracle (NYSE:ORCL)confirmed that it has finally completed the acquisition of Netsuite (NYSE:N) for $9.3 billion in cash, or $109 per share that the company had initially offered. In my previous article about Oracle, I had suggested that the acquisition of NetSuite, the cloud business application software company, is a smart move by Oracle. What’s more, it is not paying an excessive price for the deal. In fact, Oracle insisted that it will not pay more than what it had first offered despite the resistance from T Rowe Price (NSDQ:TROW)which demanded $133 per share.

Top 10 Bank Stocks To Invest In Right Now: Endeavour Silver Corporation(EXK)

Advisors’ Opinion:

  • [By Manikandan Raman]

    Citing bullish outlook on silver prices, Peter Bures of Canaccord Genuity has started coverage of four silver producers: Pan American Silver Corp. (USA) (NASDAQ: PAAS), Coeur Mining Inc (NYSE: CDE), Hecla Mining Company (NYSE: HL), and Endeavour Silver Corp (NYSE: EXK). The brokerage also assumed coverage of Fortuna Silver Mines Inc (NYSE: FSM) with a Buy rating.

  • [By Lisa Levin]

    On Monday, basic materials shares surged by 1.1 percent. Top gainers in the sector included Cliffs Natural Resources Inc (NYSE: CLF) and Endeavour Silver Corp (NYSE: EXK).

  • [By Lisa Levin]

    Tuesday afternoon, the basic materials sector proved to be a source of strength for the market. Leading the sector was strength from Endeavour Silver Corp (NYSE: EXK) and DRDGOLD Ltd. (ADR) (NYSE: DRD).

  • [By Lisa Levin]

    In trading on Thursday, basic materials shares fell by 1.66 percent. Meanwhile, top losers in the sector included Endeavour Silver Corp (NYSE: EXK), down 22 percent, and Greif, Inc. (NYSE: GEF), down 10 percent.

Top 10 Bank Stocks To Invest In Right Now: TrovaGene, Inc.(TROV)

Advisors’ Opinion:

  • [By Lisa Levin]

    TrovaGene Inc (NASDAQ: TROV) was down, falling around 40 percent to $0.26. Trovagene priced its 15 million share common stock offering at $0.30 per share.

  • [By Lisa Levin]

    TrovaGene Inc (NASDAQ: TROV) shares dropped 27 percent to $1.27. Trovagene reported a Q4 loss of $8.5 million on revenue of $68,000. Piper Jaffray downgraded TrovaGene from Neutral to Underweight.

  • [By Paul Ausick]

    TrovaGene Inc. (NASDAQ: TROV) dropped about 44% Friday to post a new 52-week low of $0.24 after closing at $0.43 on Thursday. Volume was around 12.5 million, about 20 times the daily average of around 650,000. The firm this morning priced an offering of 15 million shares and warrants to purchase up to another 15 million shares at $0.30 per unit.

  • [By Lisa Levin]

    TrovaGene Inc (NASDAQ: TROV) was down, falling around 42 percent to $0.25. Trovagene priced its 15 million share common stock offering at $0.30 per share.

  • [By Lisa Levin]

    Shares of TrovaGene Inc (NASDAQ: TROV) were down 13 percent to $5.28. Trovagene reported a Q4 loss of $(0.26) per share.

    Sunrun Inc (NASDAQ: RUN) was down, falling around 13 percent to $6.22. Sunrun reported a Q4 loss of $(0.15) per share on revenue of $99.6 million.

Top 10 Bank Stocks To Invest In Right Now: H&E Equipment Services Inc.(HEES)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of United Rentalsgiving a similar performance and pulling away fromsmall cap peer H&E Equipment Services, Inc (NASDAQ: HEES):

Top 10 Bank Stocks To Invest In Right Now: Limelight Networks Inc.(LLNW)

Advisors’ Opinion:

  • [By Lisa Levin] Related Chardan Analyst Suggests An AveXis-Ionis Pair Trade Why The Biogen-Ionis News Is A Boon For AveXis AveXis' (AVXS) CEO Sean Nolan on Q4 2016 Results – Earnings Call Transcript (Seeking Alpha)
    Related CLBS Earnings Scheduled For March 17, 2017 15 Biggest Mid-Day Gainers For Thursday Caladrius Biosciences beats by $0.07, beats on revenue (Seeking Alpha) Gainers
    Caladrius Biosciences Inc (NASDAQ: CLBS) shares rose 20.2 percent to $6.13 in pre-market trading after the company reported a narrower-than-expected quarterly loss.
    Arbutus Biopharma Corp (NASDAQ: ABUS) rose 12.3 percent to $3.20 in pre-market trading after the company disclosed that it has licensed LNP delivery technology to Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) for use in single messenger RNA product candidate.
    AveXis Inc (NASDAQ: AVXS) rose 12.2 percent to $81.66 in pre-market trading after the company reported topline data from Phase 1 trial of AVXS-101.
    TOP SHIPS Inc (NASDAQ: TOPS) shares rose 10.5 percent to $2.43 in pre-market trading after surging 109.52 percent on Thursday.
    ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) rose 9.8 percent to $17.45 in pre-market trading after declining 0.44 percent on Thursday.
    Sino-Global Shipping America, Ltd. (NASDAQ: SINO) rose 8.3 percent to $3.38 in pre-market trading after climbing 23.81 percent on Thursday.
    Diana Containerships Inc (NASDAQ: DCIX) rose 7.6 percent to $2.99 in pre-market trading after surging 12.55 percent on Thursday.
    Steel Dynamics, Inc. (NASDAQ: STLD) rose 5.2 percent to $37.25 in pre-market trading. Steel Dynamics expects Q1 earnings of $0.77 to $0.81 per diluted share. The company also declared a quarterly cash dividend of $0.1550 per common share.
    Adobe Systems Incorporated (NASDAQ: ADBE)

Top 10 Bank Stocks To Invest In Right Now: Moneygram International, Inc.(MGI)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Friday, our Under the Radar Moversnewsletter suggested shorting small capmoney transfer services stock Moneygram International (NASDAQ: MGI):

  • [By Ben Levisohn]

    Western Union (WU) soared to the top of the S&P 500 today after MoneyGram International (MGI) received a bid from Euronet Worldwide (EEFT).

    Agence France-Presse/Getty Images

    Shares of Western Union gained 3.5% to $20.27 today, while the S&P 500 fell 0.3% to 2,365.45.MoneyGram International surged 25% to $15.77, while Euronet Worldwide advanced 0.3% to $83.22.

  • [By Lisa Levin]

    Moneygram International Inc (NASDAQ: MGI) shares were also up, gaining 21 percent to $5.74 after the company reported upbeat Q4 earnings.

    Equities Trading DOWN

Top 10 Bank Stocks To Invest In Right Now: Shenandoah Telecommunications Co(SHEN)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Monday, telecommunications services shares fell 0.45 percent. Meanwhile, top losers in the sector included Shenandoah Telecommunications Company (NASDAQ: SHEN), down 3 percent, and TIM Participacoes SA (ADR) (NYSE: TSU) down 2 percent.

  • [By Lisa Levin]

    In trading on Friday, telecommunications services shares fell by 0.99 percent. Meanwhile, top losers in the sector included Chunghwa Telecom Co., Ltd (ADR) (NYSE: CHT), down 3 percent, and Shenandoah Telecommunications Company (NASDAQ: SHEN), down 4 percent.

  • [By WWW.THESTREET.COM]

    Cramer said that Shenandoah Telecommunications (SHEN) is expensive at 60 times earnings, and without a dividend, he also took a pass on that one.

    Finally, Cramer said Hudson Technologies (HDSN) was a great stock to own in 2016, when shares soared 170%, but this year, he cannot recommend this high-flying refrigeration company.

Top 10 Blue Chip Stocks To Watch Right Now

Retirement investing is not what it used to be. In the old days, one could just invest in the safe stocks to buy, in blue chips, in a nice ladder of bonds, and do just fine.

Alas, the market has significantly changed. Much of this is due to the historically low interest rates weve had.

The problem with the Federal Reserves attempt to goose the economy is that it killed bond yields, forcing retired investors further out onto the risk curve, making it difficult to find safe stocks to buy. That has pushed stock prices far higher than they should be, if one subscribes (as I do) to the Peter Lynch theory that a stocks price should reflect its net income growth rate to be added to a list of stocks to buy.

Top 10 Blue Chip Stocks To Watch Right Now: American Electric Power Company, Inc.(AEP)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    In the Lightning Round, Cramer was bullish on Masco (MAS) , American Electric Power (AEP) and Valmont Industries (VMI) .

    Cramer was bearish on Wisconsin Energy (WEC) .

Top 10 Blue Chip Stocks To Watch Right Now: BlackRock, Inc.(BLK)

Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    Vanguard's latest fee cuts answer two such moves this year, including one this month, by rival BlackRock, Inc. (NYSE: BLK) and one fee reduction announcement by Charles Schwab Corp (NYSE: SCHW).

  • [By WWW.THESTREET.COM]

    Nintendo has a new stockholder: Shares of video game console maker Nintendo (NTDOY) rose slightly on news asset manager BlackRock (BLK) owns a 5.17% stake. With the new Nintendo Switch console being met with strong demand, the disclosure shouldn’t come as a shocker. If there is anything I have learned from covering Nintendo through the years, it’s that when the stock gets hot it tends to stay hot until something causes investors to reverse course. Nintendo’s stock is up 23% in the last three months, but look for more gains in the short-term. 

Top 10 Blue Chip Stocks To Watch Right Now: Silver Bay Realty Trust Corp.(SBY)

Advisors’ Opinion:

  • [By Mark Holder]

    Instead of competing in one-off auctions, the traditional method of acquiring homes and the one preferred by Silver Bay Realty Trust (NYSE: SBY  ) (NYSE: SBY  ) (NYSE: SBY  ) and American Homes 4 Rent (NYSE: AMH  ) (NYSE: AMH  ) (NYSE: AMH  ) , the company is obtaining non-performing loans in pools that include thousands of loans. The ultimate outcome of these different models is unknown, but the market hasso far supported Altisource Residential.

  • [By Lisa Levin]

    Shares of Silver Bay Realty Trust Corp (NYSE: SBY) got a boost, shooting up 18 percent to $21.47. Tricon Capital Group Inc. announced plans to buy Silver Bay Realty Trust for $21.50 per share.

Top 10 Blue Chip Stocks To Watch Right Now: Corning Incorporated(GLW)

Advisors’ Opinion:

  • [By Laurie Kulikowski]

    CORNING INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, CORNING INC increased its bottom line by earning $1.73 versus $1.34 in the prior year. For the next year, the market is expecting a contraction of 20.2% in earnings ($1.38 versus $1.73).

     

  • [By Laurie Kulikowski]

    We rate CORNING INC as a Buy with a ratings score of B. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. 

  • [By Laurie Kulikowski]

    The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, CORNING INC’s return on equity is below that of both the industry average and the S&P 500.

     

  • [By Laurie Kulikowski]

    GLW, with its decline in revenue, underperformed when compared the industry average of 1.7%. Since the same quarter one year prior, revenues fell by 10.6%. Weakness in the company’s revenue seems to have hurt the bottom line, decreasing earnings per share.

     

  • [By Peter Graham]

    Back on December 5th of 2013, we added Corning (GLW) to our list around $16 and change. The stock ended up moving to a high of just over $25 per share early last year for roughly a 50% gain. Well, the stock has since come off again trading all the way back down to under $16 per share back in August of last year, before finding its way back up above $18 just yesterday. The context here is two-fold. First, the valuation metrics for GLW are once again suggesting another undervalued opportunity for a Company that is the clear leader in specialty glass and ceramics.

Top 10 Blue Chip Stocks To Watch Right Now: Annaly Capital Management Inc(NLY)

Advisors’ Opinion:

  • [By Amanda Alix]

    It was just about one year ago that QE3 made its debut, and mortgage REITs, particularly agency-only players like Annaly Capital (NYSE: NLY  ) , Armour Residential (NYSE: ARR  ) , and American Capital Agency (NASDAQ: AGNC  ) began moaning about the increased competition for mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.

  • [By Dan Caplinger]

    Another tax-law provision gives favorable tax status to real-estate investment trusts. REITs make investments in real estate-related assets, and they’re required to pay out almost all their income to their shareholders annually.
    Simon Property Group (SPG) is one of the biggest REITs, focusing on shopping malls and paying a 3 percent yield. But other specialty areas of the REIT universe pay much higher dividends, with REITs like Annaly Capital (NLY) that invest in mortgage-backed securities topping the list with double-digit percentage yields.

  • [By Boniface Murigu]

    It’s no secret that mREITs such as American Capital Agency (NASDAQ: AGNC  ) (NASDAQ: AGNC  ) (NASDAQ: AGNC  ) , Annaly Capital Management (NYSE: NLY  ) (NYSE: NLY  ) (NYSE: NLY  ) ,and CYS Investmentshave gone through a very turbulent trading period, with all major players losing a sizable share of market value.

  • [By Ben Levisohn]

    Hatteras Financial (HTS) has jumped 9.4% to $15.60 after agreeing to be purchased byAnnaly Capital Management (NLY) for $1.5 billion.Annaly Capital Management has dropped 1.1% to $$10.30.

Top 10 Blue Chip Stocks To Watch Right Now: Trinity Industries Inc.(TRN)

Advisors’ Opinion:

  • [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 Thursday’s regular session.

  • [By Craig Jones]

    On CNBC's "Fast Money Halftime Report", Pete Najarian spoke about high options activity in Trinity Industries Inc (NYSE: TRN).

    He said that options traders bought 5,200 contracts of the January 36 calls for $1.15 in the first half of the trading session. The trade breaks even at $37.15 or 3.17 percent above the closing price Monday. Najarian believes the stock is going to break out on the upside and he decided to follow the trade and buy the January calls. He is going to hold the position for two weeks.

  • [By Jon C. Ogg]

    Also seen aswinners are equipment and fixtures makers, from construction to rail to transports. Trinity Industries Inc. (NYSE: TRN), largely considered a rail winner, was up 1.4% at $27.20 late on Monday.

Top 10 Blue Chip Stocks To Watch Right Now: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Freeport-McMoRan (FCX) soared to the top of the S&P 500 today as metal & mining stocks rallied sharply after President Donald J. Trump signed executive orders meant to increase spending on infrastructure.

    Agence France-Presse/Getty Images

    Freeport-McMoRangained 8.4% to $17.04 at 4:12 p.m. today, while the S&P 500 rose 0.7% to 2,280.07.

    In a note released yesterday, Jefferies analyst Christopher LaFemina and team noted that investor interest in Freeport-McMoRan and other miners has been rising:

    We met with 52 investors in the US over the past two weeks and have done calls with 117 investors globally over the past three weeks. This all follows a week of 30 investor meetings in London in December. The mix has been slightly more hedge funds than long only funds, but long only interest in mining has greatly increased. We expect the sector to outperform as fundamentals improve and long only rotation into mining continues. Buy Glencore, Freeport-McMoRan, Fortescue Metals, Rio Tinto (RIO), and BHP Billiton (BHP).

    Freeport-McMoRan’s market capitalization rose to $24.6 billion today from $21.4 billion yesterday. It reported net income of $12.2 billion on sales of $16.3 billion in 2015.

    Freeport-McMoRan is scheduled to report earnings tomorrow.

  • [By Craig Jones]

    On CNBC's Fast Money Halftime Report, Jon Najarian spoke about unusually high options activity in Freeport-McMoRan Inc (NYSE: FCX). He said that traders were buying the January 13, 14-strike calls on Tuesday. He added that these calls expire prior to the earnings release and he is wondering if someone is betting that the company is going to pre-announce earnings results. Around 9,000 contracts were traded in the first half of the session and Jon Najarian decided to follow the trade. He is planning to hold the long position in Freeport-McMoRan for a week.

  • [By Ben Levisohn]

    Freeport-McMoRan (FCX) ledthe S&P 500 today lower today after metal prices fell on concerns that President Donald J. Trump won’t be able to pass his pro-growth agenda.

    Getty Images

    Freeport-McMoRandropped 4.7% to $12.21, while the S&P 500 dipped 0.1% to 2,341.59.

    Evercore ISI’s Dennis DeBusschere and team discuss the impact of the healthcare failure on risky assists like commodities:

    Risk assets are lower globally as the USD continues to lead bond yields, global equities and commodity prices lower. The DXY is down -3% since March 10th and the declines accelerated overnight as investor concerns over the size, timing and likelihood of fiscal stimulus grow. In addition, PBoC Governor Zhou Xiaochuan noted that China is at the end of ultra-easing measures. The recent drumbeat of news from China noting that they are moving away from growth at all costs has helped push commodity prices lower. Declines in copper, iron ore and steel accelerated overnight.

    Freeport-McMoRan’s market capitalization fell to $17.6 billion.It reported a net lossof $3.9 billion on sales of $14.6 billion in 2016.

Top 10 Blue Chip Stocks To Watch Right Now: Natural Gas(NG)

Advisors’ Opinion:

  • [By William Romov]

    Over the last year, the number of short positions on gold stocks has fallen. One of these stocks is a Canadian gold mining company called NovaGold Resources Inc. (NYSE: NG). In the last 12 months, the volume of short bets on the stock declined 79%, to 522,400. This shows a shift in sentiment from bearish to bullish for gold.

  • [By James E. Brumley]

    When an investor thinks of Canadian gold mining stocks, NovaGold Resources Inc. (USA) (NYSEMKT:NG) and Yamana Gold Inc. (USA) (NYSE:AUY) are often the first names to come to mind. And well they should. Yamana Gold is a $2.5 billion giant, and NovaGold Resources seems to have been around forever.

    Those two icons aren’t the only way to tap into Canada’s sizeable gold mining industry though. There’s a small, up-and-coming player called Taranis Resources Inc. (OTCMKTS:TNREF, TSX:TRO) that could end up becoming another key fixture of the country’s mining landscape.

    Taranis develops mineral deposits into mine-ready projects. Its primary project right now — and it’s enough to keep the company plenty busy for the next several years — is the Thor property located near Trout Lake, British Columbia. NI 43-101 resource reports (indicated and inferred)suggest Thor contains 6.9 million ounces of silver, 35,000 ounces gold, 57 million pounds of lead, 79.4 million pounds of zinc and 3.3 Million pounds of copper (roughly a 14 million ounce silver equivalent (“AgEq”) deposit*) laying in wait in a way that lends itself to the establishment of a low-cost, open pit mining operation. That’s roughly $300 million worth of marketable metals, and the estimates have been steadily getting bigger as Tanaris does more survey work.

    And 2017 could be a real breakout year for Taranis, as a lot of the work that’s been done to date starts to mean something. It’s got big exploration plans for this year… this spring/summer to be exact.

    The Phase 1 program was completed in September of last year, setting the stage for a more defined and much bigger Phase 2 definition-drilling within the next several weeks. This Phase 2 definition drilling slated for the middle of this year will drill down to between 6000 m and 10,000 m.

    These so-called first generation target areas are generally well understood areas based on sound geological information includ

  • [By Money Morning Staff Reports]

    Canadian gold mining company NovaGold Resources Inc. (NYSE: NG) shows an even starker change in sentiment. In the last 12 months, the volume of short bets on the stock declined 79%, to 522,400.

Top 10 Blue Chip Stocks To Watch Right Now: Multi Packaging Solutions International Limited(MPSX)

Advisors’ Opinion:

  • [By Bradley Seth McNew]

    Multi Packaging Solutions International Ltd. (NYSE:MPSX) shares jumped 23% as of noon EST today, on the news that the packaging company would be acquired by WestRock Company (NYSE:WRK) in a deal worth $2.3 billion, including nearly $900 million of debt.

Top 10 Blue Chip Stocks To Watch Right Now: Shenandoah Telecommunications Co(SHEN)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    Cramer said that Shenandoah Telecommunications (SHEN) is expensive at 60 times earnings, and without a dividend, he also took a pass on that one.

    Finally, Cramer said Hudson Technologies (HDSN) was a great stock to own in 2016, when shares soared 170%, but this year, he cannot recommend this high-flying refrigeration company.

  • [By Lisa Levin]

    In trading on Monday, telecommunications services shares fell 0.45 percent. Meanwhile, top losers in the sector included Shenandoah Telecommunications Company (NASDAQ: SHEN), down 3 percent, and TIM Participacoes SA (ADR) (NYSE: TSU) down 2 percent.

  • [By Lisa Levin]

    In trading on Friday, telecommunications services shares fell by 0.99 percent. Meanwhile, top losers in the sector included Chunghwa Telecom Co., Ltd (ADR) (NYSE: CHT), down 3 percent, and Shenandoah Telecommunications Company (NASDAQ: SHEN), down 4 percent.

best stock buys

Guess, Inc. (NYSE: GES) reported fiscal third-quarter financial results after markets closed on Wednesday. The company said that it had $0.11 in earnings per share (EPS) and $536.3 million in revenue. Thomson Reuters had consensus estimates that called for $0.14 in EPS and $548.37 million in revenue. The same period from last year had $0.15 in EPS and $520.96 million in revenue.

Americas Retail revenues decreased 4.7% in U.S. dollars and 4.6% in constant currency; retail comp sales including e-commerce decreased 4.9% in U.S. dollars and 4.8% in constant currency.

On the international side, Europe revenues increased 16.4% in U.S. dollars and 16.8% in constant currency. Asia revenues increased 9.8% and 6.4% in constant currency.

In terms of the outlook for the fiscal fourth-quarter, the company expects EPS to be in the range of $0.40 to $0.50 and consolidated revenues to grow between 3.5% and 7.5%. There consensus estimates are calling for $723.89 million in revenue.

best stock buys: Potlatch Corporation(PCH)

Advisors’ Opinion:

  • [By Lisa Levin]

    Here is the list of stocks going ex-dividend on Friday.

    Douglas Dynamics Inc (NYSE: PLOW) – $0.2350 dividend, 2.9183 percent yield
    Tiffany & Co. (NYSE: TIF) – $0.4500 dividend, 2.6758 percent yield
    PulteGroup, Inc. (NYSE: PHM) – $0.0900 dividend, 1.7078 percent yield
    Leidos Holdings, Inc. (NYSE: LDOS) – $0.3200 dividend, 3.0851 percent yield
    Tupperware Brands Corporation (NYSE: TUP) – $0.6800 dividend, 4.1756 percent yield
    Hudson Pacific Properties Inc (NYSE: HPP) – $0.2000 dividend, 2.36

best stock buys: CBOE Holdings Inc.(CBOE)

Advisors’ Opinion:

  • [By Saumya Vaishampayan
    var popups = $(“.socialByline .popC”); ]

    Those who dabble in derivatives tied to the CBOE (CBOE) Volatility Index are placing bets that pay out if the stock market keeps swinging, and especially if it drops.

  • [By Wayne Duggan]

    Wall Street has been watching bitcoin this week, with the price up another 39.8 percent to above $16,000 ahead of the highly anticipated launch of bitcoin futures trading by Cboe Global Markets Inc (NASDAQ: CBOE) starting Sunday. Bitcoin has been around for years, but bitcoin futures trading will make trading a breeze for average retail investors for the first time.

  • [By CNNMoney Staff]

    Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.

  • [By David Zeiler]

    Bitcoin futures trading started at the CBOE Global Markets Inc. (Nasdaq: CBOE) on Dec. 10 and on the much larger CME Group Inc. (Nasdaq: CME) on Dec. 18. Nasdaq Inc. (Nasdaq: NDAQ) plans to begin trading Bitcoin futures in the first half of next year.

  • [By David Zeiler]

    Bats Global Markets was acquired on Feb. 28 by the Chicago Board Options Exchange (Nasdaq: CBOE).

    But the Bats BZX Exchange has had a bigger role than just serving as the place where the Winklevoss ETF will be listed…

best stock buys: Douglas Dynamics Inc.(PLOW)

Advisors’ Opinion:

  • [By Lisa Levin] Related PLOW 18 Biggest Mid-Day Losers For Tuesday 18 Biggest Mid-Day Gainers For Tuesday Douglas Dynamics Inc (PLOW) Chairman, President and CEO James L Janik Bought $59,5 of … (GuruFocus)
    Related TIF Your Luxury Brands Earnings Cheat Sheet Guggenheim Initiates Coverage On 21 Retail Stocks Tiffany & Co: China Market Will Drive Earnings Growth For The Next Decade (Seeking Alpha)

    It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the next dividend cycle to receive your first dividend payout from the company.

best stock buys: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By Benzinga News Desk]

    Stephens (Equal-Weight) and Citi (Sell) both downgraded Atwood Oceanics (NYSE: ATW).

    Sell-Side's Most Noteworthy Calls
    Investec downgraded Anheuser-Busch (NYSE: BUD) to Hold.
    Deutsche Bank downgraded Freeport McMoRan (NYSE: FCX) to Hold.
    Goldman Sachs upgraded Microsoft (NASDAQ: MSFT) to Buy.
    Barclays upgraded Teck Resources (NYSE: TCK) to Overweight.
    BTIG started Adobe (NASDAQ: ADBE) at Neutral.
    Deal Talk

    U.S. oil refiner Tesoro (NYSE: TSO) said it would buy Western Refining (NYSE: WNR) for $4.1 billion to add refineries in Texas, New Mexico and Minnesota. The combined company will have refining capacity of over 1.1 million barrels per day. Tesoro has refineries in California, Washington, Alaska, Utah and North Dakota.

  • [By Reuben Gregg Brewer]

    In February, the shortest month of the year, copper, gold, and oil company Freeport-McMoRan Inc (NYSE:FCX) saw its shares tumble by nearly 20%. After a roughly 95% price gain in 2016, it was a painful reminder of years past, when Freeport-McMoRan was dealing with the aftermath of an ill-timed oil investment.

  • [By Reuben Gregg Brewer]

    Freeport-McMoRan Inc. (NYSE:FCX) and Barrick Gold (NYSE:ABX) rank among the largest gold and copper miners in the world. After years of retrenching, both are in better operational and financial shape than they were when commodity prices started to tumble in 2011. But now that metals prices are finally rising, there are new troubles to face. Barrick’s headwinds, however, don’t look nearly as formidable as what Freeport-McMoRan is facing.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Freeport-McMoran Inc. (NYSE: FCX) which rose about 4% to $14.73. The stocks 52-week range is $9.24 to $17.06. Volume was nearly 21 million compared to its average volume of 18.5 million.

  • [By Jon C. Ogg]

    The metals and mining sector has seen many winners, particularly in steel and copper. Freeport-McMoRan Inc. (NYSE: FCX) is big in copper and shares were last seen down 0.3% at $13.90 late on Monday, which might have been up more had it been less diversified. Shares of Freeport-McMoRanare up 26% in the past fivetrading days. The stock has a market cap of $18 billion.

  • [By WWW.KIPLINGER.COM]

    Some energy stocks just cant seem to catch a break and Freeport-McMoRan Inc. (FCX) is one of those energy stocks. As we all know, FCX made some bad moves and decided to get into the oil business just as prices were peaking. That wouldnt be so bad, if it wasnt for the massive debt it took out to buy stakes in the gulf and other regions.

best stock buys: Allison Transmission Holdings, Inc.(ALSN)

Advisors’ Opinion:

  • [By Ben Levisohn]

    With a neutral sector rating, we are working on evaluating risks to negative calls, and identifying potential value opportunities. Last week we noted more work might be worthwhile on Wabco Holdings (WBC), Terex, Manitowoc (MTW), and Caterpillar, two of those names have rallied for other reasons but the attractive price made the upside/downside skew up. We remain positive (OW) on Allison Transmission Holdings (ALSN) & United Rentals. Our and consensus 2017Allison Transmission Holdings estimates have fallen by 2% vs. ~15% for the group, while the shares are down 10% since launch. We continue to see United Rentals as the best value in our group…

best stock buys: BlackRock, Inc.(BLK)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    Nintendo has a new stockholder: Shares of video game console maker Nintendo (NTDOY) rose slightly on news asset manager BlackRock (BLK) owns a 5.17% stake. With the new Nintendo Switch console being met with strong demand, the disclosure shouldn’t come as a shocker. If there is anything I have learned from covering Nintendo through the years, it’s that when the stock gets hot it tends to stay hot until something causes investors to reverse course. Nintendo’s stock is up 23% in the last three months, but look for more gains in the short-term. 

  • [By Todd Shriber, ETF Professor]

    Vanguard's latest fee cuts answer two such moves this year, including one this month, by rival BlackRock, Inc. (NYSE: BLK) and one fee reduction announcement by Charles Schwab Corp (NYSE: SCHW).

The Likely Rise Of Electric Vehicles And The Impact On Metals

The take-up of electric vehicles (EVs) may well be in a growth pattern which could rival that of the price of bitcoin, but is unlikely, like the latter to push sales into bubble territory. As range anxiety and long charging times recede into obscurity with the enormous developments in battery technology, the environmental, and ultimately the cost, benefits of electric drive for automobiles over internal combustion engine (ICE)-driven small vehicles is likely to become paramount.

The potential exponential growth pattern for EV sales will have likely an enormous impact on the sales volume, and price, of the metals utilized in EV production. These are notably lithium, cobalt, manganese, nickel, graphite, and some rare earths in battery manufacture, copper (an electric vehicle utilizes far more copper than a conventional ICE-driven vehicle) and perhaps aluminum to keep body panel weight down – and maybe as a substitute for copper in electrical wiring systems. Conversely, the longer term future for platinum group metals, predominantly utilized in ICE engine exhaust cleaning catalysts may well be bleak, and we see a serious downturn for these commencing in the next decade – and getting worse from there.

We thus see several major keys necessary to stimulate the more general take-up of EVs, rather than plug-in hybrids (PHEVs). The first, and most important, is ever-improving battery technology, perhaps coupled with the expansion of a nationwide fast charging network to handle distance driving demand. Range anxiety will be countered by battery life improvements, while an interim solution could be the inclusion in EVs of small range extending ICEs designed primarily to charge the batteries rather than for driving the vehicles.

Up until the current year, there were few EVs on the market capable of achieving a range of much more than 100 miles, but this is changing now quite rapidly, although the 300-400 miles of range between charges, which is probably necessary to achieve true sales lift-off, is mainly only available at the high end of the price range. But every time a new model is announced, range tends to be one of the aspects which is being expanded. We would anticipate 250-350 mile range to be the norm, rather than the exception, even in many low-end EVs by the end of the current decade.

So, if one looks at the extremely rapid pattern of technological battery improvement in computers and in mobile phones, there has to be the likelihood that battery technology research will continue to raise vehicle range between charges, and reduce costs as a combination of technological advance and scale of production leads to savings here. No doubt rapid charging technology will also develop alongside, as will the installation of more and more charging points across the nation – this being the other main bugbear, along with vehicle cost, affecting EV take-up. Ultimately, we suspect that far greater ranges may become the norm – maybe even 1,000 miles on a single charge before too long, certainly for high end vehicles.

This would likely be a nail in the coffin of the internal combustion engine (ICE) as would likely increasing legislation to ban ICE-driven vehicles from urban areas which we are already seeing in some major cities around the world as urban administrations in particular do battle with air pollution, to which gas and diesel driven vehicles are a major contributor. Indeed some nations are already looking to ban sales of ICE-driven vehicles. Norway, for example, is proposing to ban all fossil-fuelled cars from its roads. As the UK’s Guardian newspaper reports, Norway already has the highest per capita number of all-electric [battery only] cars in the world: more than 100,000 in a country of 5.2 million people. In 2016, EVs constituted nearly 40% of the nation’s newly registered passenger cars. And the Norwegian experiment shows every sign of accelerating. Earlier this year, Norway opened the world’s largest fast-charging station, which can charge up to 28 vehicles in about half an hour. The country, joined by Europe’s No. 2 in electromobility, the Netherlands, intends to phase out all fossil fuel-powered automobiles by 2025.

New types of battery technology may also be a factor here. At the moment most, if not all, EVs run on lithium-ion technology, but research is under way into so-called solid-state batteries which offer (in theory at least) lighter weights, longer ranges, shorter charging times, and lower costs than current standard lithium-ion batteries. But so far, the technology has not been able to be transferred from the laboratory to the kind of size necessary to drive a full-size EV efficiently. Even with lithium-ion technology, though, Elon Musk’s Tesla (NASDAQ:TSLA) – perhaps the principal driver in the advance of EV design and implementation – is achieving a claimed 600 mile range between charges in some of its latest, currently available high-end vehicles – and is already on the way to achieving this on its ‘affordable’ Model 3 range.

Tesla has also announced an all-electric semi truck which appears expensive in relation to diesel driven trucks but claims a 2-year cost payback, given how much cheaper it is to run an all-electric vehicle than an ICE-powered one, and performance and range figures are impressive. Tesla also claims driver environment and substantial safety benefits for its semis. PepsiCo (NYSE:PEP) has already ordered 100 of these and expects to start taking delivery by 2019/20.

Other manufacturers are also planning to produce and sell all-electric trucks by the end of the current decade – Reuters reports that Navistar International Corp. (NYSE:NAV) and Volkswagen AG’s (OTCPK:VLKAF) Truck and Bus are working together to launch an electric medium duty truck by late 2019, while rival Daimler AG (OTCPK:DDAIF) has delivered the first of a smaller range of electric trucks to customers in New York. These are designed for shorter ranges than the Tesla semi but will likely see expanded ranges as battery technology advances.

Re the solid state battery, in the UK, Sir James Dyson, of vacuum cleaner fame, is working to develop a Dyson EV by 2020 and is reportedly putting 拢2.5 billion towards its development. Dyson is also reportedly nailing his colors to the solid-state battery mast, although again whether a solid state battery sufficient to power an EV will be available in that timescale remains to be seen!

Japanese mainstream auto manufacturer Toyota (NYSE:TM) also reckons to be working on a solid-state battery-driven EV which it hopes to have on the market in the early 2020s. Undoubtedly, other mainstream manufacturers, virtually all of whom are working on EV design and production, will also be looking at the potential of solid state batteries because if they can be produced commercially will, eventually, offer the range, rapid charging and lower costs required to make EVs the norm rather than the exception.

With the kinds of technology growth patterns we have been seeing, we would anticipate total EV dominance of the automobile market far faster than recent projections might suggest – perhaps within 20 years. Already Volvo (OTCPK:VOLAF) has announced that every new car it launches from 2019 will have an electric motor (this will include hybrids so is not phasing out the ICE totally – yet – but is an indicator of the way the market is trending).

While battery technology/range is perhaps the most important factor for EV manufacture and sales going forward, cost is another hugely important factor. Despite the apparent drive-train simplicity of electric-powered vehicles, those on the market at the moment are much more costly than similar-sized conventional vehicles, and only attractive through the availability of government subsidies. Insurance costs are higher too.

But there are some other key advantages of electrically driven vehicles which will be major sales points assuming battery technology factors can be overcome – which they will be. Rapid torque availability – which means very fast acceleration – the far easier integration with new computer technology, potentially far lower running costs and the convenience of home charging, for those with that possibility, or with easy access to overnight charging points, rather than having to fill up at a gas station are all key points. But most of all the perceived environmental benefits of electric drive over ICE-driven vehicles are becoming paramount.

The capital and maintenance costs for EVs are likely to come down as take-up increases, but it may take time, and the continuation of subsidies until the market has truly taken off is probably key for any serious short-term growth momentum

Model Availability

Suffice it to say that the numbers of EVs available to the market will be increasing exponentially over the next few years with most mainstream manufacturers offering all-electric models already. However, one does have to credit Elon Musk’s Tesla company with bringing EVs into mainstream thought with its spectacular high end Model S and Model X EVs, offering a degree of luxury and incredible performance only previously seen in high-end supercars. And now, Musk’s company is in the throes of bringing his production vehicles into the ‘affordable’ category – if $35,000 plus is seen as ‘affordable’. Pre-orders for the Tesla Model 3 are such that, provided it can meet its production targets, without going bust first, would make Tesla one of the world’s largest automakers.

Musk is a visionary and is not stopping there and has just shown the all-electric-powered truck (mentioned above), and the ‘Insane’ Tesla Roadster capable of 0-60 mph in 1.9 seconds and with a claimed 620 mile range, but many think Musk’s company is hugely overstretched and will crash and burn under its huge debt burden.

But it is probably Musk’s amazing vision and drive which has stimulated the EV sector into action. Whether Tesla will survive, or will be overtaken by mostly mainstream auto manufacturers, who now have been dragged into the realization that EVs are almost certainly the future, remains to be seen. The mainstream manufacturers are battling to cut into Tesla’s undoubted lead in the sector and are already coming out with possible Tesla killers – like the Chevy Bolt which offers similar pricing and performance to the Tesla Model 3 – but somehow lacks its kerb appeal.

Metals Demand

The global automobile market is enormous and a switch to EVs could have a huge impact. Below is a barchart from Visual Capitalist based on the change in metals demand with a 100% take-up of all-electric battery driven cars but only based on the battery technology used in the Chevy Bolt – GM’s (NYSE:GM) direct competitor with the Tesla Model 3, which uses a different battery make-up – and would be very different still once solid state batteries have come into use. However, it is valuable in demonstrating some of the likely beneficiary metals in a switch to EVs.

Naturally, lithium tops the bill, but here, there is plenty of future production coming on stream to meet demand so a lithium play may not be as beneficial as it would seem from the chart. It is perhaps some of the other metals where supply may not be able to keep up with demand and prices may rocket, but because these metals are often produced as byproducts, securing an investment that may take off accordingly may be more difficult to do.

Of the primary metals, the biggest beneficiaries could be copper, nickel, and aluminum – the former because the average EV uses around twice as much copper as existing ICE-driven vehicles, nickel, and aluminum are both used in some battery technologies in a big way, while the latter will almost certainly get increasing use in body panels to keep vehicle weights down. Of the byproduct metals cobalt has obviously the most potential as do the rare earths – specifically dysprosium which is utilized in some electric drive technologies.

London quoted Glencore [LSE: GLEN] is comfortably the world’s biggest cobalt producer, but cobalt only represents a small part of the company’s product mix, but nickel is important too. An ADR is available to U.S. Investors: Glencore ADR (OTCPK:GLNCY). Canada’s Sherritt International [TSX: S] which will also benefit as a major nickel producer could be of interest and again is available on the OTC market in the U.S. – Sherritt International (OTCPK:SHERF). Another major cobalt miner with a U.S. ADR quote is Brazil’s Vale (NYSE:VALE) but, like Glencore, is one of the world’s largest diversified miners, and cobalt represents a fairly small part of its overall revenues – but Vale is also the world’s second largest nickel producer after Russia’s Norilsk (OTCPK:NILSY).

Dysprosium is the rare earths wild card, but there is little or no significant production outside China, although Australia’s Northern Minerals [ASX: NTU] has brought is Browns Range mine into production and reckons to be the world’s next significant dysprosium producer outside China. But its mining operation, high in heavy rare earths of which dysprosium is particularly significant, is only at pilot plant construction stage at the moment.

Graphite, which may be the other major beneficiary ‘metal’, is primarily produced in China, India, Brazil, Turkey, and North Korea. Graphite investment options in North America are largely restricted to the risky junior sector, and none are full board quoted. There have been articles on Seeking Alpha about these, but for the moment, this writer is steering clear. The junior sector seems just too speculative. Rather look to the major stocks which may benefit as the downsides are much more limited.

Of the major metals, copper appears to be the likely major beneficiary of significant growth in the EV sector, while maintaining significant demand in the ICE-driven vehicle sector. The world’s biggest producer remains the Chilean state-owned Codelco, but the remaining big producers apart from the U.S. company, Freeport McMoran (NYSE:FCX) are mostly the big diversified miners. Glencore and Vale, both mentioned above as major nickel and cobalt miners, are among these as are BHP Billiton (BHP) and Rio Tinto (RIO), the world’s two biggest diversified miners. Both these are headquartered elsewhere – BHP’s joint HQ are in the UK and Australia, and Rio Tinto in the UK. Once again, because these are such big diversified mining companies, demand growth in a particular sector like copper may be less significant yet still give a useful boost to earnings.

The same applies to aluminum. Alcoa (NYSE:AA) is the biggest North American producer, but any impact due to growth in the automobile production sector won’t have a particularly significant impact overall as it will only represent a tiny portion of overall demand.

While this article primarily looks at the likely growth potential for EVs and some of the likely long term beneficiaries (virtually, none of the anticipated gains in the major sector are likely to eventuate until the next decade), one should also take a look at the eventual losers. The most notable is the market for platinum, palladium, and rhodium, all of which have their primary usage in ICE exhaust emission control catalytic technology. Here again, the problems are likely to appear long term – not short term where global recovery may still lead to some good gains – particularly if precious metals’ prices (driven by gold) rise. We would expect the platinum and palladium prices to rebalance in favor of platinum, given the change in the pricing differential is likely to result in a switch to platinum catalysts in at least a part of the gasoline ICE exhaust control market.

The current high palladium price of over $1,000 an ounce does not seem yet to have impacted stocks like Sibanye-Stillwater (SBGL). While the company is also expanding its platinum exposure through the just-announced purchase of Lonmin, it is not really being given the credit for its palladium exposure through Stillwater, and also in South Africa, where the majority of its production is based. Its holdings there are predominantly in mines producing primarily from the platinum richer Merensky reef, but it has the capability to add to its production on the UG2 reef which has a marginally higher palladium and rhodium content. But overall, both Stillwater and the South African producers are at best marginal operations at current pgm prices, although the higher palladium and rhodium prices may be slightly improving the economics.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Editor’s Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.

About this article:ExpandAuthor payment: $35 + $0.01/page view. Authors of PRO articles receive a minimum guaranteed payment of $150-500.Tagged: Investing Ideas, Quick Picks & ListsWant to share your opinion on this article? Add a comment.Disagree with this article? Submit your own.To report a factual error in this article, click here

Hot Heal Care Stocks To Watch Right Now

Portfolio Grader currently ranks Wells Fargo & Co (NYSE:WFC) a Sell. The methodology for investing incorporated in this analytical tool developed by Louis Navellier researches and ranks nearly 5,000 stocks each week from a fundamental and quantitative perspective. The shares have been downgraded from a Hold to a Sell in the last week.

WFC is a member of the 344 company Banks GICS industry group, which is a segment of the 772 company GICS Financials sector. WFC’s market value is $253.2 billion which places it in the top decile in its industry group The stock’s Portfolio Grader ranking currently places it 310 among the 344 companies in this industry group, a position that is well below-average.

Currently, Portfolio Grader ranks the Financials sector number 3 among the 12 sectors in its universe putting it in the top half of all the GICS sectors. The Banks industry group is ranked 10 among the 69 industry groups within the GICS sectors, placing it above-average in terms of the Navellier scoring system.

Hot Heal Care Stocks To Watch Right Now: Vanguard Natural Resources LLC(VNR)

Advisors’ Opinion:

  • [By Cameron Swinehart]

    Going forward I will be looking to add investments on my watchlist and trim other positions. It will be interesting to see how an overweight commodity portfolio will perform relative to the rest of the market.

     Cost Basis# SharesCurrent Price% of PortfolioCurrent ValueReturnMetal/Miners      Sprott Physical Gold Trust (PHYS)$12.4985$11.043.75%$938.40-13.13%Sprott Physical Silver Trust (PSLV)$7.95125$8.744.37%$1,092.509.04%FreePort-McMoran (FCX)$31.6731$33.874.20%$1,049.976.50%Ishares MSCI Global Gold Miners ETF (RING)$13.0695$10.644.04%$1,010.80-22.74%Energy      Statoil ASA(STO)$21.7940$22.683.63%$907.203.92%Vanguard Natural Resources LLC (VNR)$27.5636$27.874.01%$1,003.321.11%ConocoPhillips (COP)$63.6822.43$71.006.37%$1,592.5310.31%Agriculture      CVR Partner LP (UAN)$26.3630.9$18.932.34%$584.94-39.25%Adecoagro$6.78125$7.443.72%$930.008.87%Archer-Daniels Midland (ADM)$34.8030$37.244.47%$1,117.206.55%Mixed Commodity      Powershares DB Commodity Index (DBC)$26.3540$25.954.15%$1,038.00-1.54%Sprott Resource Corp$3.34400$2.714.34%$1,084.00-23.25%    Total % of portfolio49.40%               Cost Basis12,666.00      Current Value12,348.86      Return-2.50%  Source: Investing For The Future Surge In Commodity Prices

    Disclosure: I am long ADM, FCX, UAN, AGRO, RING, VNR, SCPZF.PK, COP, DBC, PHYS, PSLV. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More…)

Hot Heal Care Stocks To Watch Right Now: Apollo Education Group, Inc.(APOL)

Advisors’ Opinion:

  • [By Peter Graham]

    The Q1 2017 earnings report for small cap for-profit education stock Apollo Education Group Inc (NASDAQ: APOL) is scheduled for after the market closes on Monday (January 9th). Last February, Apollo Education Groupannounced a definitive agreement to be acquired by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC (NYSE: APO), and Najafi Companies for $9.50 per share in cash for both Class A and B shares. However, the for-profit education sector along with certain aspects of the Apollo deal have been targeted by the Obama administration and it remains to be seen how the Trump administration will treat the sector and the deal.

Hot Heal Care Stocks To Watch Right Now: Nabors Industries Ltd.(NBR)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Last night, Weatherford International (WFT) reported a smaller than expected loss and announcing an alliance with Nabors Industries (NBR)–and the news was celebrated by the market.

  • [By Jon C. Ogg]

    Nabors Industries Ltd. (NYSE: NBR) rose by 22.3% to $16.11 on Wednesday. Its volume of 17.4 million shares was about 2.5 times normal trading volume. Nabors has a consensus analyst price target of $15.04 and a 52-week trading range of $4.93 to $16.50. The company has a total market cap of $4.6 billion.

  • [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)
    Halliburton
    Superior Energy Services

    Guggenheim also cut its 2017 oil price forecast from $55 to $48/bbl.

  • [By Craig Jones]

    On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about Nabors Industries Ltd. (NYSE: NBR). He said that somebody bought 6,500 contracts of the July 11 calls for $0.50 in the first half of the session. The trade breaks even at $11.50 or 16.28 percent above the current market price. Jon Najarian has a long position in the name and he is planning to hold it for a month.

Hot Heal Care Stocks To Watch Right Now: Exxon Mobil Corporation(XOM)

Advisors’ Opinion:

  • [By Money Morning News Team]

    Big oil stocksare some of the most recognizable companies in energy, but they won’t bring you the big-time profits you’re looking for. Instead, we’ve got “small” oil stocks that are ready to soar by double digits in 2017 while the bloated oil giants like Exxon Mobil Corp. (NYSE: XOM) tread water.

  • [By WWW.KIPLINGER.COM]

    As one of the biggest energy stocks on the planet, its always worth watching Exxon Mobil Corporation (XOM). After all, as goes XOM, so goes the rest of the industry. But this quarter, the reason to watch Exxon is because of the something it doesnt do that the rest of the industry does. Namely, write down the value of assets.

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) traded down 1.59% at $81.21. The stock’s 52-week range is $80.76 to $95.55. Volume was about equal to the daily average of around 12 million shares. The company had no news, but the large increase in crude inventories really pounded both Exxon and Chevron this afternoon.

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) traded up about 1.23% at $85.77. The stock’s 52-week range is $73.55 to $95.55. Volume was about 15% above the daily average of around 11.1 million shares. The company had no specific news Friday.

  • [By Dustin Parrett]

    In Exxon Mobil Corp.’s (NYSE: XOM) 2017 “Energy Outlook” report, the company predicts “oil will remain the world’s primary source” of energy as demand rises through 2040.

  • [By WWW.THESTREET.COM]

    Exxon Mobil’s (XOM) recent decline has lasted 12 weeks. Two prior declines have lasted 11 weeks. In the technical world of trading, this is referred to as symmetry, Cramer explained. According to Boroden’s work, as long as Exxon Mobil stays above support at $79 and $76 to $77, the stock could be headed to $89 to $91. If momentum continues, it could see $99. 

Hot Heal Care Stocks To Watch Right Now: Plains All American Pipeline L.P.(PAA)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    One of the largest projects is the Saddlehorn Pipeline, which Magellan is building with Plains All American Pipeline (NYSE:PAA) and Anadarko Petroleum (NYSE:APC). Both Plains All American Pipeline and Magellan own 40% of the project, which puts their total investment at $230 million apiece. They expect the project to be fully operational early next year, which is noteworthy given its robust first-year economics. Magellan estimates that it will earn eight times EBITDA on the capital deployed, or roughly $28.8 million in annual EBITDA apiece for Magellan and Plains All American Pipeline on their investment.

  • [By Dustin Parrett]

    We think Plains All American Pipeline L.P. (NYSE: PAA) is one of the best oil stocks to buy this year. In fact, we see a scenario where PAA stock could jump 20% in 2017.

  • [By Dustin Parrett]

    Plains All American Pipeline (NYSE: PAA) controls 4 million barrels of crude oil and natural gas a day.

    And with higher oil prices and fewer restrictions leading to more drilling, PAA’s pipelines will be in demand in 2017.

Hot Heal Care Stocks To Watch Right Now: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Freeport-McMoRan Inc. (NYSE: FCX) which jumped 5.1% to $12.90. The stocks 52-week range is $8.76 to $17.06. Volume was 23.36 million which is below the daily average of around 29.12 million shares.

  • [By Craig Jones]

    On CNBC's Fast Money Halftime Report, Jon Najarian spoke about unusually high options activity in Freeport-McMoRan Inc (NYSE: FCX). He said that traders were buying the January 13, 14-strike calls on Tuesday. He added that these calls expire prior to the earnings release and he is wondering if someone is betting that the company is going to pre-announce earnings results. Around 9,000 contracts were traded in the first half of the session and Jon Najarian decided to follow the trade. He is planning to hold the long position in Freeport-McMoRan for a week.

  • [By Ben Levisohn]

    Freeport-McMoRan (FCX) ledthe S&P 500 today lower today after metal prices fell on concerns that President Donald J. Trump won’t be able to pass his pro-growth agenda.

    Getty Images

    Freeport-McMoRandropped 4.7% to $12.21, while the S&P 500 dipped 0.1% to 2,341.59.

    Evercore ISI’s Dennis DeBusschere and team discuss the impact of the healthcare failure on risky assists like commodities:

    Risk assets are lower globally as the USD continues to lead bond yields, global equities and commodity prices lower. The DXY is down -3% since March 10th and the declines accelerated overnight as investor concerns over the size, timing and likelihood of fiscal stimulus grow. In addition, PBoC Governor Zhou Xiaochuan noted that China is at the end of ultra-easing measures. The recent drumbeat of news from China noting that they are moving away from growth at all costs has helped push commodity prices lower. Declines in copper, iron ore and steel accelerated overnight.

    Freeport-McMoRan’s market capitalization fell to $17.6 billion.It reported a net lossof $3.9 billion on sales of $14.6 billion in 2016.

Book Double-Digit Gains on This Scorching Metals Breakout

Bitcoin continues to dominate the financial news cycle.

Meanwhile, market rotation continues to quietly disrupt the stock market, helping to push one of your trades to open gains of more than 25%…

The Dow Jones Industrial Average is running circles around the S&P 500 and Nasdaq Composite this month. The Big Board was the top performer once again yesterday, sneaking higher by 80 points while the S&P finished the day in the red.

Market rotation is helping key industrial stocks launch to new all-time highs while the formerly red-hot tech names remain on pause. Caterpillar (NYSE:CAT) jumped almost 4% yesterday to new all-time highs. The stock has now posted year-to-date gains of more than 65%. This performance is stronger than every single one of the popular FAANG stocks by double-digits

CATs meteoric rise in 2017 is not without merit. The company has consistently trounced earnings estimates this year, raising earnings guidance and posting strong growth in its construction business. Back in the spring, the perennial loser provided a huge boost to the Dow when its stock soared nearly 8% in just one day. It has now marched higher for nine straight months. Not bad for a stodgy Dow stock no one wanted just a couple of years ago

The global commodity slump that accelerated in 2013 nearly cut CAT stock in half. Its tough to sell heavy equipment and mining machinery while oil is dropping more than 60% from its high and the price of gold and other precious metals slips more than 35%.

Now, the rebirth of CAT and the commodity trade is helping stoke the flames of another powerful breakout. After years of pain, were seeing new life in the copper trade.

Copper was, of course, another victim of the great commodity unwind. A lot of folks pointed to coppers reputation as a leading economic barometer since the metal is found in virtually all electronics and countless other industries. But this relationship didnt hold. Copper had drifted lower since 2011 while stocks found new highs.

Fast forward to 2017 and we dont see sagging economies in China and Europe weighing on Dr. Copper. In fact, a worldwide economic recovery is now helping to boost materials and mining shares.

Thats where our own copper comeback play Freeport-McMoRan Inc. (NYSE: FCX) comes into play. You wont hear a lot of talk about copper or FCX in the financial media these days. But if we turn to the charts, its easy to see Dr. Coppers impressive turnaround move that started to unfold earlier this year. After years of pain and suffering, a sustainable rally is in the works.

FCX first ripped off its lows right after reporting second-quarter profits back over the summer. The company didnt even beat earnings expectations, but solid revenue and upbeat guidance was enough to spike the stock. Shares rocketed by nearly 15% to help push FCX into the low teens.

At the time, I said FCX looked to have the potential to scream back toward its February highs above $16. After several months of choppy, sideways action, were finally witnessing the big breakout we were waiting for

FCX has gained more than $2 per share over the past six trading sessions. The stock has now broken out above its summer highs and appears primed and ready to make a legitimate run to $17 and beyond.

I like to say that trading FCX is like buying a call option on copper without the high commission. When this stock breaks out, it can really get going. If momentum traders continue to pile into unloved materials and mining stocks like this one, we could be in for a wild ride.

Sincerely,

Greg Guenthner
forThe Daily Reckoning