The stock prices of China’s big internet companies fell Friday after the country’s legislative body adopted a new, strict privacy law to come into force on November 1.
Alibaba shares were down 2.6%, with Tencent Music falling 3% before recovering later in the day. Hong Kong’s Hang Seng Index fell 1.8% and the CSI 300 composite of Chinese blue chips dropped 2%.
A report by the official Xinhua News Agency said that the law was voted by the National People’s Congress and promulgated immediately by president Xi Jinping.
Its passage marks another step in the Chinese government and regulators’ crackdown on the country’s biggest internet companies, tightening the regulation of cyberspace and strengthening compliance requirements, to better protect user privacy.
Chinese authorities in early July announced a cybersecurity probe of Didi, the ride-hailing app, just three days after the company started listing on the New York Stock Exchange. The stock price is down 49% since then.
Top 10 Blue Chip Stocks To Buy Right Now: Spark Therapeutics, Inc.(ONCE)
Spark Therapeutics, Inc. focuses on the development of gene therapy products for patients suffering from debilitating genetic diseases. The company develops SPK-RPE65, which is in Phase III clinical trial for the treatment of genetic blinding conditions called inherited retinal diseases caused by non sex-linked, autosomal recessive, or mutations in the RPE65 gene; and SPK-CHM that is in Phase I/II clinical trial for the treatment of choroideremia. It is also developing SPK-FIX program for hemophilia B; SPK-FVIII program to treat hemophilia A; SPK-TPP1 program for the treatment of a form of Batten disease; RhoNova for the treatment of rhodopsin-linked autosomal dominant retinitis pigmentosa; and SPK-LHON for treating Leber hereditary optic neuropathy, as well as preclinical programs in development for the treatment of Huntington’s disease and other neurodegenerative diseases. The company has collaboration agreement with Pfizer, Inc. for the development and commercialization of SPK-FIX product candidates in its gene therapy program for the treatment of hemophilia B. Spark Therapeutics, Inc. was founded in 2013 and is headquartered in Philadelphia, Pennsylvania.
Advisors’ Opinion:
- [By Rick Munarriz]
Shares of Carnival (NYSE:CCL) (NYSE:CUK) opened sharply lower on Thursday after the company posting mixed financial results. The world’s largest cruise line operator came through with a solid fiscal third quarter, but once again we see weak guidance weighing on the stock.
- [By Shane Hupp]
Dean Capital Investments Management LLC purchased a new stake in shares of Carnival plc (NYSE:CUK) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 12,586 shares of the company’s stock, valued at approximately $726,000. Carnival comprises 0.5% of Dean Capital Investments Management LLC’s investment portfolio, making the stock its 26th largest position.
- [By Rick Munarriz]
Carnival (NYSE:CCL) (NYSE:CUK) is kicking off the new trading week with disappointing financial results, sending the stock to fresh 52-week lows on Monday. The world’s largest cruise ship operator posted its fiscal second-quarter results ahead of the market open. The quarter itself was solid, but weak guidance scared investors worried about looming softness and cost controls.
- [By Stephan Byrd]
GasLog (NYSE: GLOG) and Carnival (NYSE:CUK) are both transportation companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, dividends, valuation and risk.
Top 10 Blue Chip Stocks To Buy Right Now: General Motors Company(GM)
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.
Advisors’ Opinion:
- [By Josh Enomoto]
According to Gurufocus.com, GILD represents a fairly valued investment. Presently, Gilead features “okay” strength in the balance sheet and a middle-of-the-road three-year revenue growth rate. Where GILD truly shines is profitability. Its net margin stands at 15%, substantially greater than the 3.7% industry median. Therefore, it makes a solid case for undervalued biotech stocks to buy.
Regeneron Pharmaceuticals (REGN) Source: Gorodenkoff / Shutterstock.com
Headquartered in Westchester County, New York, Regeneron Pharmaceuticals (NASDAQ:REGN) specializes in the production of life-changing medicines. Recently, Regeneron made headlines when it announced positive clinical results for therapeutics aimed at patients suffering from diabetic macular edema (DME) and wet age-related macular degeneration (wAMD).
- [By ]
We should force everyone to get vaccinated, Cramer said, and we should be using Regeneron's (REGN) – Get Report COVID treatment on the thousands that are flooding our hospital ICUs in need of help. But without leadership and responsibility, it looks like we're going to have to live with COVID while hoping we don't die from it.
Top 10 Blue Chip Stocks To Buy Right Now: (VIAB)
Viacom Inc. operates as an entertainment content company in the United States and internationally. The company connects with audiences through compelling content on television, motion picture, Internet, and mobile platforms through various entertainment brands. It operates in two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products to advertisers, content distributors, and retailers across various distribution platforms, such as television, Internet, and mobile devices; and through various consumer products. Its MTV Networks operates approximately 160 channels and multiplatform properties, which include MTV, VH1, CMT, PalladiaHD, Logo, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, Atom, Neopets, COMEDY CENTRAL, TV Land, Spike TV, Tr3s, BET, and CENTRIC, as well as a casual games business that includes Web sites, such as AddictingGames.com and Shockwave.com. This segment also op erates BET Networks, which provide entertainment, music, news, and public affairs programming to the African-American audience and consumers of Black culture; and BET channel, CENTRIC, BET Gospel, and BET Hip Hop. The Filmed Entertainment segment produces, finances, and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies brands. This segment also acquires films for distribution and has a presence in the games business; and also distributes motion pictures and other entertainment content on DVD and Blu-ray, video-on-demand, subscription video-on-demand, pay and basic cable television, broadcast television, and syndicated television platforms. It has a library of approximately 3,300 motion pictures and television programs. The company is headquartered in New York, New York.
Advisors’ Opinion:
- [By ]
ViacomCBS (VIAB) – Get Report rose after Wells Fargo upgraded the entertainment giant to overweight from equal weight and lifted its price target on the stock to $60 from $45.
- [By Billy Duberstein]
That yield is higher than those of many of its best-run peers, including Disney (NYSE:DIS) and CBS (NYSE: CBS). The two media companies with higher yields are AT&T (NYSE:T) and Viacom (NASDAQ: VIA) (NASDAQ: VIAB). AT&T is more of a mobile-first utility, and it pays a very high percentage of its net income out as a dividend. Meanwhile, Viacom has been beaten down thanks to its sub-scale, media-only portfolio, which is not especially well-positioned in today’s world.
- [By Stephan Byrd]
BlackRock Inc. raised its position in shares of Viacom, Inc. (NASDAQ:VIAB) by 1.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,578,297 shares of the company’s stock after buying an additional 265,799 shares during the quarter. BlackRock Inc. owned about 0.07% of Viacom worth $708,764,000 as of its most recent SEC filing.
- [By Chris Hill]
The internet giant formerly known as Google just keeps plowing ahead, with growth on a host of fronts. But despite its beating fourth-quarter expectations on profits and revenues, its share price dipped a few percentage points Tuesday. Media B-lister Viacom (NASDAQ:VIA) (NASDAQ:VIAB), by contrast, reported mixed numbers, but got a share price pop.
Top 10 Blue Chip Stocks To Buy Right Now: Prestige Brand Holdings Inc.(PBH)
Prestige Brands Holdings, Inc., together with its subsidiaries, engages in marketing, selling, and distributing over-the-counter healthcare and household cleaning products primarily in North America. The company?s Over-The-Counter Healthcare segment offers a portfolio of OTC products under nine core OTC brands, including Chloraseptic sore throat remedies, Clear Eyes eye drops, Compound W wart removers, Dramamine motion sickness products, Efferdent and Effergrip denture products, Little Remedies pediatric healthcare products, Luden’s cough drops, PediaCare pediatric healthcare products, and The Doctor?s brand of oral care products. This segment also provides other significant brands that include Dermoplast first-aid products, Murine eye and ear care products, NasalCrom allergy relief product, New-Skin liquid bandage, and Wartner wart removers. Its Household Cleaning segment markets household cleaning products, such as abrasive and non-abrasive tub and tile cleaner, scrubb ing pads and sponges, dilutables, anti-bacterial hard surface spray for counter tops, and glass cleaners under the Comet, Chore Boy, and Spic and Span brands. Prestige Brands Holdings distributes its products through various retail channels, including drug, food, dollar, and club stores, as well as supermarkets and mass merchandisers. The company was founded in 1996 and is headquartered in Irvington, New York.
Advisors’ Opinion:
- [By Logan Wallace]
Get a free copy of the Zacks research report on Prestige Consumer Healthcare (PBH)
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- [By Joseph Griffin]
Prestige Consumer Healthcare Inc (NYSE:PBH) – Stock analysts at William Blair cut their Q4 2019 earnings estimates for shares of Prestige Consumer Healthcare in a report released on Thursday, February 7th. William Blair analyst J. Andersen now forecasts that the company will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.70. William Blair also issued estimates for Prestige Consumer Healthcare’s FY2020 earnings at $2.80 EPS.
- [By Motley Fool Transcribers]
Prestige Brands Holdings Inc (NYSE:PBH)Q3 2019 Earnings Conference CallFeb. 07, 2019, 8:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top 10 Blue Chip Stocks To Buy Right Now: NVIDIA Corporation(NVDA)
NVIDIA is the world leader in visual computing. It enables us to open up new avenues of exploration, facilitate creativity and discovery, and power breakthroughs in new areas like artificial intelligence, virtual reality and autonomous cars.
Beginning as a PC graphics chip company, NVIDIA has transformed into a specialized platform company that targets four large markets – Gaming, Professional Visualization, Datacenter and Automotive – where visual computing is essential and valued. We are focused on delivering value through PC, mobile and cloud architectures. Our vertical integration enables us to bring together hardware, system software, programmable algorithms, systems and services to create unique value for the markets we serve.
Innovation is at our core. We have invested $12 billion in research and development since our inception, yielding some 7,300 patent assets, including inventions essential to modern computing. Advisors’ Opinion:
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Of the eight S&P 500 companies with a recent market capitalization of more than $500 billion, only Apple (ticker: AAPL), Microsoft (MSFT), and Nvidia (NVDA) currently have a dividend. Investors would need to go down to the tenth-largest firm in the index, JPMorgan Chase (JPM), to find a yield greater than Microsoft at 0.8%. The bank, as is typical of financial stocks, yields a juicy 2.3%. Along with the dividend increase, Microsoft announced a new $60 billion stock repurchase program.
- [By ]
And Nvidia Corp. (NASDAQ: NVDA) makes cutting-edge graphics processors that can be used for virtual reality and artificial intelligence. It accounts for just shy of 2.91% of the portfolio.
Top 10 Blue Chip Stocks To Buy Right Now: Wal-Mart Stores, Inc.(WMT)
Wal-Mart Stores, Inc. (“Walmart,” the “Company” or “we”) helps people around the world save money and live better – anytime and anywhere – in retail stores or through our e-commerce and mobile capabilities. Through innovation, we are striving to create a customer-centric experience that seamlessly integrates digital and physical shopping. Physical retail encompasses our brick and mortar presence in each market where we operate. Digital retail is comprised of our e-commerce websites and mobile commerce applications. Each week, we serve nearly 260 million customers who visit our over 11,500 stores under 63 banners in 28 countries and e-commerce websites in 11 countries. Our strategy is to lead on price, differentiate on access, be competitive on assortment and deliver a great experience. Leading on price is designed to earn the trust of our customers every day by providing a broad assortment of quality merchandise and services at everyday low prices (“EDLP”). Advisors’ Opinion:
- [By Louis Navellier and the InvestorPlace Research Staff]
With the market moving on after this positive news, chances are concerns about forthcoming shareholder dilution will again become top of mind. To fulfill this new order, not to mention orders from Wal-Mart (NYSE:WMT) and from fleet leasing company Zeeba, Canoo is raising hundreds of millions via the sale of new shares.
- [By ]
Walmart (WMT) and Sam’s Club also plan to offer many locations for between $199 and $999 per pair.
“A person's 'whole health' is a combination of many factors, including hearing, that influence physical and mental well-being,” Walmart's chief medical officer, Dr. John Wigneswaran, said in a statement. “Offering easy access to OTC hearing aids — something that seems quite small — is a solution that can improve our customer’s health outcomes and their ability to live better and healthier.”
Top 10 Blue Chip Stocks To Buy Right Now: Matador Resources Company(MTDR)
Matador Resources Company, incorporated on November 22, 2010, is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segment is oil and natural gas exploration and production. The Company’s operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The Company also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas.
Southeast New Mexico and West Texas-Delaware Basin
The Permian Basin in Southeast New Mexico and West Texas is a mature exploration and production province with extensive developments in various petroleum systems resulting in stacked target horizons. In the western part of the Permian Basin, also known as the Delaware Basin, the Lower Permian age Bone Spring (also called the Leonardian) and Wolfcamp formations are several thousand feet thick and contain stacked layers of shale’s, sandstones, limestone’s and dolomites. The Company’s total acreage position in Southeast New Mexico and West Texas had increased to approximately 157,100 gross (88,800 net) acres, primarily in Loving County, Texas and Lea and Eddy Counties, New Mexico. These acreage totals included approximately 32,100 gross (19,400 net) acres in Ranger prospect area in Lea County, approximately 47,400 gross (16,900 net) acres in Arrowhead prospect area in Eddy County, approximately 20,700 gross (13,400 net) acres in Rustler Breaks prospect area in Eddy County, approximately 12,200 gross (7,500 net) acres in Wolf and Jackson Trust prospect areas in Loving County and approximately 42,300 gross (29,900 net) acres in Twin Lakes prospect area in Lea County. The Company operates approximately three drilling rigs in the Delaware Basin, including two in Loving County, Texas and one in Eddy County, New Mexico.
South Texas-Eagle Ford Shale and Other Formations
The Eagle Ford shale extends across portions of South Texas from the Mexican border into East Texas forming a band roughly 50 to 100 miles wide and 400 miles long. The Company’s properties include approximately 39,000 gross (29,300 net) acres in the Eagle Ford shale play in Atascosa, DeWitt, Gonzales, Karnes, La Salle, Wilson and Zavala Counties in South Texas. The Company operates approximately two rigs in the Eagle Ford shale in South Texas.
Northwest Louisiana and East Texas
The Company has approximately 26,700 gross (23,800 net) acres in Northwest Louisiana and East Texas, including 20,700 gross (13,000 net) acres in the Haynesville shale play. The Company operates all of its Cotton Valley and shallower production on its leasehold interests in Northwest Louisiana and East Texas, as well as all of its Haynesville production on the acreage.
Haynesville and Middle Bossier Shales
The Haynesville shale is an overpressured marine shale found below the Cotton Valley and Bossier formations and above the Smackover formation at depths ranging from 10,500 to 13,500 feet across a broad region throughout Northwest Louisiana and East Texas, including principally Bossier, Caddo, DeSoto and Red River Parishes in Louisiana and Harrison, Rusk, Panola and Shelby Counties in Texas. The Haynesville shale produces primarily dry natural gas with almost no associated liquids. The Bossier shale is overpressured and is often divided into lower, middle and upper units. The Company has approximately 20,700 gross (13,000 net) acres in the Haynesville shale play, primarily in Northwest Louisiana.
Cotton Valley, Hosston (Travis Peak) and Other Shallower Formations
The Company owns all of the shallow rights from the base of the Cotton Valley formation to the surface under its acreage in Northwest Louisiana and East Texas. All of the shallow rights underlying its acreage in Elm Grove properties in Northwest Louisiana, approximately 10,000 gross (9,800 net) acres are held by existing production from the Cotton Valley formation or the Haynesville shale.
Southwest Wyoming, Northeast Utah and Southeast Idaho-Meade Peak Shale
The Company has leasehold interests in approximately 75,700 gross (35,700 net) acres in Southwest Wyoming and adjacent areas in Utah and Idaho as part of a natural gas shale exploration prospect targeting the Meade Peak shale. These leasehold interests are a combination of federal, state and fee mineral interests.
Advisors’ Opinion:
- [By Ethan Ryder]
Matador Resources Co (NYSE:MTDR) – Equities researchers at SunTrust Banks issued their Q1 2019 earnings estimates for shares of Matador Resources in a research report issued on Wednesday, February 27th. SunTrust Banks analyst N. Dingmann expects that the energy company will post earnings per share of $0.24 for the quarter. SunTrust Banks currently has a “Buy” rating and a $29.00 target price on the stock. SunTrust Banks also issued estimates for Matador Resources’ Q2 2019 earnings at $0.23 EPS, Q3 2019 earnings at $0.32 EPS, Q4 2019 earnings at $0.33 EPS and FY2021 earnings at $2.36 EPS.
- [By Shane Hupp]
Several institutional investors and hedge funds have recently made changes to their positions in MTDR. Rehmann Capital Advisory Group raised its position in shares of Matador Resources by 1,042.9% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,863 shares of the energy company’s stock valued at $29,000 after purchasing an additional 1,700 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of Matador Resources by 64.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,550 shares of the energy company’s stock valued at $40,000 after purchasing an additional 1,000 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Matador Resources by 1,453.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 634,633 shares of the energy company’s stock valued at $41,000 after purchasing an additional 593,768 shares in the last quarter. NumerixS Investment Technologies Inc raised its position in shares of Matador Resources by 89.4% in the 4th quarter. NumerixS Investment Technologies Inc now owns 8,002 shares of the energy company’s stock valued at $124,000 after purchasing an additional 3,777 shares in the last quarter. Finally, Dupont Capital Management Corp acquired a new position in shares of Matador Resources in the 4th quarter valued at approximately $152,000. 88.12% of the stock is currently owned by institutional investors.
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About Matador Resources (NYSE:MT
