Following the massive success of the Bored Ape Yacht Club NFT collection on the Ethereum (CRYPTO: ETH) blockchain, a new NFT collection on the competing Solana blockchain called the Degenerate Ape Academy is quickly gaining popularity.
What Happened: The 13th rarest Degenerate Ape NFT was sold on Saturday for $1.1 million. The purchaser, London-based blockchain advisory firm Moonrock Capital, made the announcement via twitter, paying for the NFT with 5980 of Solana’s SOL tokens. Other Degenerate Apes in the collection have sales prices of up to $1.7 million, according to a report from Decrypt.
Another Solana-based NFT collection called SolPenguins, looks very similar to the Ethereum-based Pudgy Penguin collection. Although SolPenguins are far more affordable, with a floor price of $281 or 1.6 SOL.
Why It Matters: SOL is now the sixth biggest cryptocurrency by market cap, and as costly Ethereum gas prices cause some projects to look for alternative blockchain platforms, Solana may become an increasingly appealing option.
Celebrities have begun to show their interest in Solana NFTs. TV personality Steve Harvey changed his Twitter profile photo to a Solana Monkey Business NFT, which is another NFT project on the blockchain, last Thursday.
Top Stocks To Buy For 2023: CytRx Corporation(CYTR)
CytRx Corporation, a biopharmaceutical research and development company, engages in the development of human therapeutics, specializing in oncology. Its drug development pipeline includes INNO-206, which is in Phase II clinical trials for the treatment of soft tissue sarcomas and is in Phase Ib/2 clinical trials for the treatment of solid tumors; and tamibarotene that is in Phase II clinical trials for the treatment of non-small-cell lung cancer and acute promyelocytic leukemia. The company also develops Bafetinib, which is in Phase II clinical trials for the treatment of B-cell chronic lymphocytic leukemia and advanced prostate cancer, as well as in pharmacokinetic clinical trial for brain cancer. CytRx Corporation was founded in 1985 and is headquartered in Los Angeles, California.
Advisors’ Opinion:
- [By Shane Hupp]
News coverage about CytRx (NASDAQ:CYTR) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CytRx earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the biotechnology company an impact score of 46.6205108631258 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Top Stocks To Buy For 2023: Arcimoto, Inc.(FUV)
Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) that delivers a thrilling ride experience comfort for two passengers with cargo, parking, and operation. The company's products also comprise Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution to get goods where they need to go; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. Arcimoto, Inc. was incorporated in 2007 and is headquartered in Eugene, Oregon.
Advisors’ Opinion:
- [By ]
Arcimoto manufactures and sells three-wheeled electric vehicles, including the Fun Utility Vehicle (FUV) it bases its stock ticker symbol on. These bright vehicles might be compact and a little unorthodox, but they're highway-legal and capable of handling everyday purposes such as commuting or running errands. And frankly, they look like fun to drive.
- [By Money Morning Staff Reports]
Here are last week’s top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week’s Gain
Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) Consumer Goods $4.39 259.84%
Gridsum Holding Inc. (NASDAQ: GSUM) Technology $4.32 108.70%
Sky Solar Holdings Ltd. (NASDAQ: SKYS) Utilities $1.08 89.47%
Conformis Inc. (NASDAQ: CFMS) Healthcare $1.26 75.00%
Ideal Power Inc. (NASDAQ: IPWR) Industrial Goods $0.52 56.73%
ADMA Biologics Inc. (NASDAQ: ADMA) Healthcare $4.22 52.35%
CAS Medical Systems Inc. (NASDAQ: CASM) Healthcare $2.41 51.57%
Arcimoto Inc. (NASDAQ: FUV) Consumer Goods $4.88 50.15%
Adomani Inc. (NASDAQ: ADOM) Consumer Goods $0.38 49.94%
Huttig Building Products Inc. (NASDAQ: HBP) Services $3.41 47.62%
Can’t-Miss Opportunity: Renowned Author of Best-Selling Investment “Bible” Just Released His Newest Pick
- [By Lisa Levin] Gainers
Regional Health Properties, Inc. (NYSE: RHE) shares surged 56 percent to $0.3980.
Precipio, Inc. (NASDAQ: PRPO) shares jumped 34 percent to $0.5632 after the nano-cap specialty diagnostics company said it saw an acceleration of sales in its Pathology services in April. The company now expects to see a sequential double digit quarterly sales growth.
SenesTech, Inc. (NASDAQ: SNES) rose 16 percent to $1.45 after trading higher at one point Monday by nearly 300 percent. The nano-cap developer of pest control said the California state government approved the company's ContraPest for user in the state.
America's Car-Mart, Inc. (NASDAQ: CRMT) gained 13.3 percent to $61.975 after reporting upbeat Q4 results.
Check-Cap Ltd. (NASDAQ: CHEK) shares gained 9.8 percent to $4.92 as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut.
Arcimoto, Inc. (NASDAQ: FUV) rose 8.3 percent to $3.41.
Ferroglobe PLC (NYSE: GSM) gained 7 percent to $12.13 following stronger-than-expected quarterly earnings.
Photronics, Inc. (NASDAQ: PLAB) shares climbed 6.5 percent to $9.00 after the company reported upbeat Q2 results.
Micron Technology, Inc. (NASDAQ: MU) rose 6.2 percent to $58.94 after reporting a $10 billion buyback plan.
Blink Charging Co. (NASDAQ: BLNK) gained 6.2 percent to $7.53. Blink Charging disclosed that its vehicle charging network exceeds 125,000 members.
The Container Store Group, Inc. (NYSE: TCS) gained 5.4 percent to $7.97. Container Store is expected to release quarterly earnings after the closing bell.
Cyren Ltd (NASDAQ: CYRN) shares rose 5.4 percent to $2.95 after reporting Q1 results.
Check out these big penny stock gainers and losers
- [By Lisa Levin] Gainers
SenesTech, Inc. (NASDAQ: SNES) shares jumped 113.5 percent to $0.6737 after the California Department of Pesticide Regulation proposed to register the company's ContraPest for sale and use in California.
AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares rose 35.34 percent to close at $3.32.
Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) shares gained 30.36 percent to $3.65.
Xtant Medical Holdings, Inc. (NYSE: XTNT) shares jumped 25.6 percent to $7.4701 after the company disclosed that it has received the FDA clearance for InTice™-C Porous Titanium Cervical Interbody System.
VAALCO Energy, Inc. (NYSE: EGY) shares surged 20 percent to $2.495.
TransGlobe Energy Corporation (NASDAQ: TGA) surged 17.04 percent to $2.61.
Boxlight Corporation (NASDAQ: BOXL) gained 15 percent to $8.32 after the company announced an exclusive partnership with Multi Touch Interactives to strengthen the development of next generation interactive educational activities.
Arcimoto, Inc. (NASDAQ: FUV) gained 15 percent to $3.39.
MB Financial, Inc. (NASDAQ: MBFI) rose 13.7 percent to $49.64. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock.
FRONTEO, Inc. (NASDAQ: FTEO) shares rose 11.8 percent to $20.956.
TransEnterix, Inc. (NYSE: TRXC) shares jumped 11.1 percent to $3.38.
21Vianet Group, Inc. (NASDAQ: VNET) rose 10.6 percent to $7.41.
NII Holdings, Inc. (NASDAQ: NIHD) shares gained 9 percent to $2.32.
Kelly Services, Inc. (NASDAQ: KELYA) rose 7.6 percent to $24.19. Northcoast Research upgraded Kelly Services from Neutral to Buy.
LaSalle Hotel Properties (NYSE: LHO) shares climbed 5.6 percent to $33.70. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported.
Alteryx, Inc. (NYSE: AYX) gained 5.5 percent to $32.56. KeyBanc upgraded Alteryx from Sector Weight to Overweight.
Energizer Holdings, Inc. (NYSE:
Top Stocks To Buy For 2023: Credit Suisse Group(CS)
Credit Suisse Group AG, together with its subsidiaries, operates as a financial services company. The company operates in three segments: Private Banking, Investment Banking, and Asset Management. The Private Banking segment offers advisory services and a range of wealth management solutions, including pension planning, life insurance products, tax planning, and wealth and inheritance advice for the high-net-worth and ultra-high-net-worth individuals. This segment also supplies banking products and services to affluent, high-net-worth and ultra-high-net-worth clients, and corporates and institutions. The Investment Banking segment provides investment banking and securities products and services to corporations, governments, pension funds, and institutions. Its products and services include debt and equity underwriting, sales and trading, mergers and acquisitions advice, divestitures, corporate sales, restructuring, and investment research. The Asset Management segment offe rs integrated investment solutions and services to institutions, governments, foundations and endowments, corporations, and individuals. It provides access to a range of investment classes across alternative investment, asset allocation, and traditional investment strategies. The company operates in Switzerland, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. Credit Suisse Group AG was founded in 1856 and is headquartered in Zurich, Switzerland.
Advisors’ Opinion:
- [By ]
Shares of Capstone Mining Corp. (TSE:CS) have been given a consensus rating of “Buy” by the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$6.21.
- [By ]
The ABCs Of IPOs
Most entities looking to go public bring in underwriters to help navigate the company through the entire process — in Lyft’s case JPMorgan Chase (NYSE: JPM) led the offering along with Credit Suisse Group (NYSE: CS), Jeffries Group LLC and 26 other financial institutions. The filing fees to go public amounted to a staggering $6.5 million for Lyft.
Top Stocks To Buy For 2023: Apollo Investment Corporation(AINV)
In this report, the terms the “Company,” “Apollo Investment,” “AIC,” “we,” “us” and “our” refer to Apollo Investment Corporation, unless the context specifically states otherwise. General Apollo Investment Corporation, a Maryland corporation organized on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). In addition, for tax purposes we have elected to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). We commenced operations on April 8, 2004 upon completion of our initial public offering that raised $870 million in net proceeds from selling 62 million shares of common stock at a price of $15.00 per share. Advisors’ Opinion:
- [By Joseph Griffin]
Apollo Investment Corp. (NASDAQ:AINV) – Investment analysts at SunTrust Banks lowered their FY2019 EPS estimates for shares of Apollo Investment in a research note issued on Wednesday, February 6th. SunTrust Banks analyst M. Hughes now expects that the asset manager will earn $1.81 per share for the year, down from their previous forecast of $1.82. SunTrust Banks also issued estimates for Apollo Investment’s Q4 2019 earnings at $0.46 EPS, Q1 2020 earnings at $0.46 EPS, Q2 2020 earnings at $0.47 EPS and Q4 2020 earnings at $0.49 EPS.
- [By Motley Fool Transcribers]
Apollo Investment Corp (NASDAQ:AINV)Q3 2019 Earnings Conference CallFeb. 06, 2019, 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
Bramshill Investments LLC decreased its position in shares of Apollo Investment Corp. (NASDAQ:AINV) by 2.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 335,026 shares of the asset manager’s stock after selling 9,799 shares during the quarter. Apollo Investment makes up about 0.7% of Bramshill Investments LLC’s holdings, making the stock its 19th largest position. Bramshill Investments LLC owned 0.16% of Apollo Investment worth $1,866,000 at the end of the most recent reporting period.
Top Stocks To Buy For 2023: Greif Bros. Corporation(GEF.B)
Greif, Inc., incorporated on January 25, 1926, is a producer of industrial packaging products and services. The Company’s segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. As of October 31, 2016, the Company had operations in over 45 countries.
Rigid Industrial Packaging & Services
The Rigid Industrial Packaging & Services business segment is the aggregation of two operating segments: Rigid Industrial Packaging & Services-Americas, and Rigid Industrial Packaging & Services Europe, Middle East, Africa and Asia Pacific. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, such as steel, fiber and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services. The Company’s rigid industrial packaging products and services are sold to customers in industries, such as chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agricultural, pharmaceutical and mineral products, among others.
Paper Packaging & Services
The Paper Packaging & Services segment is engaged in the production and sale of containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America in industries, such as packaging, automotive, food and building products. The Company’s corrugated container products are used to ship such diverse products as home appliances, small machinery, grocery products, automotive components, books and furniture, as well as various other applications.
Flexible Products & Services
The Flexible Products & Services segment is engaged in the production and sale of flexible intermediate bulk containers and related services on a global basis. The Company’s flexible intermediate bulk containers are constructed from a polypropylene-based woven fabric that is produced at its production sites, as well as sourced from regional suppliers. Its flexible products are sold globally and service customers and market segments similar to those of its Rigid Industrial Packaging & Services segment.
Land Management
The Land Management segment is involved in the management and sale of timber. The Company is focused on the active harvesting and regeneration of its timber properties in the United States. In addition, the Company sells, from time to time, timberland and special use land, which consists of surplus land, higher and better use (HBU) land, and development land. As of October 31, 2016, the Company owned 244,548 acres of timber property in the southeastern United States.
Advisors’ Opinion:
- [By Stephan Byrd]
Greif, Inc. Class B (NYSE:GEF.B) declared a quarterly dividend on Tuesday, June 5th, Zacks reports. Stockholders of record on Monday, June 18th will be given a dividend of 0.63 per share by the industrial products company on Sunday, July 1st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Friday, June 15th.
