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The phrase “too big to fail” could be aptly applied to the brick-and-mortar retail climate of today.
As various merchants wade through supply chain snags, climbing costs, and a resurgence of Covid-19, Walmart on Tuesday reported another quarter of rising U.S. sales, surpassing Wall Street expectations.
Back-To-Store Season
It is officially back-to-school season, and groceries are pretty much always in season. It’s those two categories in particular that lifted Walmart’s sales for the quarter wrapping up at the end of July:
The chain’s food sales grew $2.4 billion versus a year ago, as Walmart’s low prices and reliable inventory of meats and produce drew shoppers in.And comparable sales (those from U.S. stores and digital channels operating for at least a year), rose 5.2% in the quarter compared with the same period last year.
The solid figures put Walmart’s revenue $4 billion above analyst expectations, with CFO Brett Biggs reporting that the Delta variant hasn’t had “any meaningful impact” on the national business, as customers continue to pack stores this summer after “coming out of hibernation.”
Hot Low Price Stocks To Invest In Right Now: Beam Therapeutics Inc.(BEAM)
Beam Therapeutics Inc., a biotechnology company, develops precision genetic medicines for patients suffering from serious diseases in the United States. The company is developing BEAM-101 for the treatment of sickle cell disease and beta thalassemia; BEAM-102 for the treatment of sickle cell disease; and BEAM-201, an allogeneic chimeric antigen receptor T cell for the treatment of relapsed/refractory T-cell acute lymphoblastic leukemia. It also develops therapies for alpha-1 antitrypsin deficiency and glycogen storage disorder 1a; and therapies for ocular and central nervous system disorders. The company has a strategic alliance with Boston Children's Hospital; a research and clinical collaboration agreement with Magenta Therapeutics, Inc.; and a research collaboration with the Institute of Molecular and Clinical Ophthalmology Basel. It also has a research collaboration with Apellis Pharmaceuticals, Inc. to apply base editing technology for discovering new treatments for complement-driven diseases. Beam Therapeutics Inc. was incorporated in 2017 and is headquartered in Cambridge, Massachusetts.
Advisors’ Opinion:
- [By Luke Lango]
Illumina (NASDAQ:ILMN) is up 20% over the past three months. Beam Therapeutics (NASDAQ:BEAM) is up 45%. Editas Medicine (NASDAQ:EDIT) is up 90%. Intellia Therapeutics (NASDAQ:NTLA) is up 150%.
Hot Low Price Stocks To Invest In Right Now: Bayerische Motoren Werke Aktiengesellschaft(BMWYY)
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands. This segment sells its products through independent and authorized dealerships. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles and scooters under the BMW Motorrad brand name, as well as spare parts and accessories. The Financial Services segment engages in automobile leasing, retail and dealership financing, multi-brand fleet, customer deposit, and insurance activities; and the provision of fleet management services under the Alphabet brand. The company was founded in 1916 and is based in Munich, Germany.
Advisors’ Opinion:
- [By ]
While Mercedes-Benz (DDAIF) and BMW (BMWYY) have seen a surge in new registrations, their sales are still far from approaching Tesla's levels. New registrations of electric vehicles reached 14,619 units for Mercedes, a yearly increase of 95%, and amounted to 16,241 for BMW, which is a yearly increase of 53.2%.
- [By ]
China accounted for 136k car sales (YoY -35.8%). The decline could be explained with a lag of new products which are now introduced step by step. The new Ford Focus (+94% Q12019/Q42018) and Ford Territory already gained momentum while the company continuously increases availability of the new models. “Ford China 2.0” is a strategy to drive sales and reshape the business. Ford will introduce 30 new models within three years of which 10 models will be electrified. With the new product lineup, Ford will compete with Daimler (OTCPK:DDAIF), Renault (OTC:RNSDF), BMW (OTCPK:BMWYY) and Tesla (NASDAQ:TSLA) and it is likely that it can increase market share in China again.
- [By ]
The list of supporters of this bill includes every major auto manufacturer in the world, GM, Tesla, Toyota Motor Corp. (NYSE:TM), Ford Motor Co. (NYSE:F), Fiat Chrysler Automobiles (NYSE:FCAU), Honda Motor Co. (NYSE:HMC), BMW AG (OTCPK:BMWYY), Nissan Motor Co. (OTCPK:NSANY), and Volkswagen Group (OTCPK:VWAGY), and many others. You know, in short order, many Chinese EV manufacturers would be hitting U.S shores with their offerings. Even electric utilities are supporting this bill. Why not? All of the electricity to power these millions of vehicles has to come from somewhere.
Hot Low Price Stocks To Invest In Right Now: Digital Ally Inc.(DGLY)
Digital Ally, Inc. engages in the production and sale of digital video imaging, audio/video recording, storage, and other products for use in law enforcement and security applications. Its digital audio/video recording and storage product line comprises an in-car digital audio/video system that is integrated into a rear view mirror; an all-weather mobile digital audio/video system designed for motorcycle, ATV, and boat uses; a miniature body-worn digital audio/video camera; a hand-held speed detection system based on light detection and ranging (LIDAR); a hand-held thermal imaging camera used for improved night vision; and a digital audio/video system, which is integrated into a law-enforcement style flashlight. The company?s products make self-contained video and audio recordings onto flash memory cards that are incorporated in the body of the digital video rear view mirror, officer-worn video, and audio system and flashlight. Digital Ally, Inc. sells its products to law enforcement agencies and other security organizations, as well as for consumer and commercial applications through direct sales and third-party distributors. The company is based in Overland Park, Kansas.
Advisors’ Opinion:
- [By Garrett Baldwin]
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In deal news, Kellogg Co. (NYSE: K) shares ticked higher on news that the food giant plans to sell its Keebler and Famous Amos brands to Ferrero for $1.5 billion. Ferrero is an Italian company that owns Nutella and Nestle’s candy brand. Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg has called for European-style privacy laws in a blog post and Washington Post op-ed over the weekend. Zuckerberg has asked that government take a more proactive role in regulating the Internet across four areas. The op-ed echoes Apple Inc. (NASDAQ: AAPL) CEO Tim Cook’s call for federal privacy regulation last year. However, some privacy advocates argue that Zuckerberg’s call for more government intervention has little to do with protecting Americans’ privacy and more to do with Facebook protecting itself after recent data breaches and privacy mishaps. Look for earnings reports from Cal-Maine Foods Inc. (NASDAQ: CALM), Digital Ally Inc. (NASDAQ: DGLY), and Eastman Kodak Co. (NASDAQ: KODK).
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- [By Max Byerly]
Digital Ally (NASDAQ:DGLY) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.
Hot Low Price Stocks To Invest In Right Now: WSFS Financial Corporation(WSFS)
WSFS Financial Corporation (the Company, our Company, we, our or us) is parent to Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), the seventh oldest bank and trust company in the United States continuously operating under the same name. At $5.6 billion in assets and $13.2 billion in fiduciary assets, WSFS Bank is also the largest bank and trust company headquartered in Delaware and the Delaware Valley. WSFS Bank has been in operation for 184 years. In addition to its focus on stellar customer service, the Bank has continued to fuel growth and remain a leader in our community. We are a relationship-focused, locally-managed, banking institution. For the tenth consecutive year, our Associates (what we call our employees) ranked us a “Top Workplace” in Delaware and for the fifth year in a row the readers of the Delaware News Journal voted us the “Top Bank” in the state. We state our mission simply: “We Stand for Service. Advisors’ Opinion:
- [By ]
Nicolet Bankshares (NASDAQ:NCBS) and WSFS Financial (NASDAQ:WSFS) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, risk, institutional ownership, profitability, valuation and earnings.
- [By Shane Hupp]
WSFS Financial Co. (NASDAQ:WSFS) has earned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $59.20.
Hot Low Price Stocks To Invest In Right Now: Bloomin' Brands, Inc.(BLMN)
Bloomin’ Brands, Inc. (Bloomin’ Brands), incorporated on October 24, 2006, is a holding company engaged in operating casual dining restaurants. The Company has a portfolio of four restaurant concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. The Company owns and operates approximately 1,340 restaurants and franchises over 170 restaurants across approximately 50 states, Puerto Rico, Guam and approximately 20 countries. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States, and brands operating outside the United States are included in the International segment. OSI Restaurant Partners, LLC (OSI) is its primary operating entity. New Private Restaurant Properties, LLC (PRP), a subsidiary of Bloomin’ Brands, leases the Company’s owned restaurant properties primarily to OSI subsidiaries.
U.S. Segment
The Company’s Outback Steakhouse is a casual steakhouse restaurant focused on steaks, signature flavors and Australian decor. The Outback Steakhouse menu offers seasoned and seared or wood-fire grilled steaks, chops, chicken, seafood, pasta, salads and seasonal specials. The menu also includes various specialty appetizers, including its Bloomin’ Onion and desserts, together with bar service featuring Australian wine and beer. Carrabba’s Italian Grill is a casual authentic Italian restaurant featuring handcrafted dishes. The Carrabba’s Italian Grill menu includes a range of Italian pasta, chicken, beef and seafood dishes, small plates, salads and wood-fired pizza.
Bonefish Grill is an upscale casual seafood restaurant that specializes in fish from around the world, wood-grilled specialties and hand-crafted cocktails. In addition, Bonefish Grill offers beef, pork and chicken entrees, as well as various specialty appetizers, including the Company’s Bang Bang Shrimp and desserts. Fleming’s Prime Steakhouse & Wine Bar is a steakhouse featuring cuts of beef, chops, fresh fish, seafood and poultry, salads and side dishes. The steak selection features the United States Department of Agriculture (USDA) Prime corn-fed beef, both wet- and dry-aged, in a range of sizes and cuts. Fleming’s Prime Steakhouse & Wine Bar offers a selection of domestic and imported wines, with over 100 selections available by the glass.
International Segment
The Company’s international operations are integrated with its corporate organization to leverage enterprise-wide capabilities, including marketing, finance, real estate, information technology, legal, human resources, supply chain management and productivity. International Outback Steakhouse restaurants have a menu similar to the United States menu with additional range to meet local taste preferences. In addition to the traditional Outback Special sirloin, an international menu features local beef cuts, such as the Aussie Grilled Picanha in Brazil. The Company has a Carrabba’s Italian Grill concept restaurant in Brazil, known as Abbraccio Cucina Italiana, which offers a blend of traditional modern Italian dishes. The Abbraccio Cucina Italiana menu varies, with additional pasta and pizza menu offerings, to account for local tastes and customs. Abbraccio Cucina Italiana also has a range of beverage options, including cocktails and local favorites.
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Bloomin’ Brands (BLMN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Analysts expect Bloomin’ Brands Inc (NASDAQ:BLMN) to announce $0.72 earnings per share for the current quarter, according to Zacks. Five analysts have issued estimates for Bloomin’ Brands’ earnings, with the highest EPS estimate coming in at $0.78 and the lowest estimate coming in at $0.65. Bloomin’ Brands posted earnings of $0.71 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 1.4%. The company is scheduled to issue its next earnings report on Thursday, April 25th.
- [By Max Byerly]
Shares of Bloomin’ Brands Inc (NASDAQ:BLMN) have received an average recommendation of “Hold” from the fifteen ratings firms that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $21.63.
Hot Low Price Stocks To Invest In Right Now: iShares S&P Global Clean Energy Index Fund(ICLN)
iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment. BlackRock Fund Advisors acts as an investment adviser. Advisors’ Opinion:
- [By Tezcan Gecgil]
The ETF returned 12.2% in the past year but is down about 13.5% so far in 2021. ERTH saw a record high in January. However, since then, it has lost 20% of its value. Forward P/E and price-to-book (P/B) ratios are 25.53 and 2.61. Interested readers could consider investing around these levels.
Energy Stocks to Buy: iShares Global Clean Energy ETF (ICLN) Source: Shutterstock
52-Week Range: $16.05 – $34.25
- [By Tezcan Gecgil]
The emphasis on alternative energy is important given how investors have put their faith in green energy stocks in the past year. For instance, the Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW), the iShares Global Clean Energy ETF (NASDAQ:ICLN) and the SPDR S&P 500 Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) are up over 52%, 45%, and 32%, respectively in the past 52 weeks.
- [By Luke Lango]
And yet, many clean energy stocks have been slammed in 2021. The iShares Global Clean Energy ETF (NASDAQ:ICLN) has shed 33% of its value since February.
