"It's like traders have an acute case of Attention Deficit Disorder," my friend Rob said last weekend.
"They can't focus on any one thing for more than a day or two. But they're buying and selling as quickly as possible based on whatever 'shiny object' catches their eye."
And he's right!
As the market fluctuates higher and lower, traders are increasingly distracted by the prospects of trade wars, higher interest rates, technology scandals, inflation, political issues and so many others!
Which is why today I want to talk about why this creates opportunities, and share three stocks that are set to benefit…
Trade War Heats Up – Then Cools Off…Last week, a good bit of the market's selloff was attributed to panic about the potential for a global trade war.
The thought was that if the U.S. slaps tariffs on China for steel and aluminum, China would retaliate with tariffs on food and other products we export to China.
While the initial threats in this argument were relatively moderate in size (a few billion dollars doesn't actually make a huge difference when stacked against the entire U.S. economy), the fear of much bigger trade actions had investors very worried.
Top 5 Tech Stocks To Buy Right Now: CACI International, Inc.(CACI)
Advisors' Opinion:- [By Max Byerly]
CACI (NYSE:CACI) shares hit a new 52-week high and low on Thursday . The company traded as low as $168.20 and last traded at $167.30, with a volume of 993 shares changing hands. The stock had previously closed at $167.55.
- [By Lou Whiteman]
That reasoning has fueled the rush of consolidation and explains why we are likely to see further deals in the quarters to come. Specifically, there's CACI International (NYSE:CACI), the rumored runner-up for Engility. CACI also made an unsuccessful attempt to break up General Dynamics' deal for CSRA, and will now face a landscape with three pure-play companies -- plus a General Dynamics that is significantly larger than CACI -- and seems destined to act.
- [By Max Byerly]
Travelzoo (NASDAQ: TZOO) and CACI (NYSE:CACI) are both retail/wholesale companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, profitability and valuation.
Top 5 Tech Stocks To Buy Right Now: Logitech International S.A.(LOGI)
Advisors' Opinion:- [By Logan Wallace]
LOGI has been the subject of several analyst reports. Citigroup decreased their target price on Logitech International from $50.00 to $48.00 and set a “buy” rating for the company in a research report on Tuesday, October 16th. BidaskClub lowered Logitech International from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 17th. Maxim Group began coverage on Logitech International in a research report on Monday, November 5th. They issued a “sell” rating for the company. Goldman Sachs Group upgraded Logitech International from a “neutral” rating to a “buy” rating in a research report on Monday, January 28th. Finally, JPMorgan Chase & Co. upgraded Logitech International from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $38.00 to $42.00 in a research report on Wednesday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $44.29.
WARNING: “Quantamental Technologies LLC Buys New Stake in Logitech International SA (LOGI)” was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/4138334/quantamental-technologies-llc-buys-new-stake-in-logitech-international-sa-logi.html.About Logitech International
- [By Max Byerly]
Trexquant Investment LP lowered its position in Logitech International SA (NASDAQ:LOGI) by 64.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,560 shares of the technology company’s stock after selling 13,674 shares during the period. Trexquant Investment LP’s holdings in Logitech International were worth $332,000 at the end of the most recent reporting period.
- [By Shane Hupp]
Mckinley Capital Management LLC Delaware raised its stake in Logitech (NASDAQ:LOGI) by 7.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,741 shares of the technology company’s stock after acquiring an additional 2,017 shares during the period. Mckinley Capital Management LLC Delaware’s holdings in Logitech were worth $1,129,000 as of its most recent SEC filing.
- [By Ethan Ryder]
Logitech International (NASDAQ:LOGI) released its quarterly earnings data on Monday. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.07, RTT News reports. Logitech International had a net margin of 8.16% and a return on equity of 24.12%. The company had revenue of $608.48 million during the quarter, compared to the consensus estimate of $584.37 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share.
Top 5 Tech Stocks To Buy Right Now: CIENA Corporation(CIEN)
Advisors' Opinion:- [By Shane Hupp]
A number of institutional investors have recently added to or reduced their stakes in the business. Neuberger Berman Group LLC increased its position in Ciena by 169.5% during the third quarter. Neuberger Berman Group LLC now owns 4,217,455 shares of the communications equipment provider’s stock worth $92,657,000 after buying an additional 2,652,791 shares in the last quarter. Millennium Management LLC increased its position in Ciena by 431.6% during the fourth quarter. Millennium Management LLC now owns 2,477,957 shares of the communications equipment provider’s stock worth $51,864,000 after buying an additional 2,011,805 shares in the last quarter. Maverick Capital Ltd. purchased a new position in Ciena during the fourth quarter worth $50,962,000. Renaissance Technologies LLC purchased a new position in Ciena during the fourth quarter worth $40,110,000. Finally, Rubric Capital Management LP purchased a new position in Ciena during the third quarter worth $33,373,000.
ILLEGAL ACTIVITY WARNING: “Gary B. Smith Sells 8,000 Shares of Ciena (CIEN) Stock” was published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3352094/gary-b-smith-sells-8000-shares-of-ciena-cien-stock.html.About Ciena
- [By Leo Sun]
For many investors, that short-term pain outweighs the long-term gains from buying Coriant, which should eventually boost Infinera's exposure to the Metro and DCI markets, cut costs with economies of scale, reduce its customer concentration, and help it compete more effectively against bigger optical vendors like Ciena (NYSE:CIEN).
- [By Dan Caplinger]
The stock market took a breather on Thursday, and the Dow Jones Industrial Average and S&P 500 both gave up about half a percent. Investors seemed content to accept a pause in the late-summer rally, and some pointed to ongoing fears about still-unresolved trade disputes and other global macroeconomic stresses that could become more problematic in the future. Yet even with the overall market taking a break, some stocks pushed sharply higher. Insys Therapeutics (NASDAQ:INSY), Signet Jewelers (NYSE:SIG), and Ciena (NYSE:CIEN) were among the best performers on the day. Here's why they did so well.
- [By Logan Wallace]
Ciena Co. (NYSE:CIEN) SVP James E. Moylan, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of $25.79, for a total transaction of $51,580.00. The sale was disclosed in a filing with the SEC, which is available through this link.
- [By Billy Duberstein]
Despite operating in an industry marked by fierce competition and cyclical ups and downs, networking equipment vendor Ciena (NYSE:CIEN) has been posting stellar results and taking market share. The story continued with the company's recent earnings release, sending shares up by double digits to new 52-week highs.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Clearside Biomedical, Inc. (NASDAQ: CLSD) shares fell 17.8 percent to $11.95 in pre-market trading. Clearside Biomedical disclosed that its Phase 2 trial of CLS-TA met primary and secondary endpoints met in 6-month trial. CRISPR Therapeutics AG (NASDAQ: CRSP) fell 15.8 percent to $62.00 in pre-market trading after the company disclosed that the FDA has placed a clinical hold on IND for CTX001 sickle cell disease treatment. Sears Holdings Corporation (NASDAQ: SHLD) fell 10 percent to $2.89 in pre-market trading after the company posted a loss for the first quarter and announced plans to close 72 non-profitable stores. Urban One, Inc. (NASDAQ: UONE) fell 9 percent to $3.01 in pre-market trading after rising 78.38 percent on Wednesday. Dollar Tree, Inc. (NASDAQ: DLTR) shares fell 8.6 percent to $88.05 in pre-market trading after the company reported weaker-than-expected earnings for its first quarter and lowered its FY2018 earnings guidance. Ciena Corporation (NYSE: CIEN) fell 8.5 percent to $22.02 in the pre-market trading session after the company posted downbeat Q1 earnings and announced plans to buy Packet Design. Dollar General Corporation (NYSE: DG) shares fell 6.6 percent to $90.11 in pre-market trading after reporting weaker-than-expected results for its first quarter. Vericel Corp (NASDAQ: VCEL) shares fell 6.5 percent to $13.05 in pre-market trading following announcement of 3.75 million share common stock offering. Box, Inc. (NYSE: BOX) fell 5.7 percent to $26.19 in pre-market trading. Box reported upbeat results for its first quarter. The company forecast Q2 revenue of $146 million to $147 million. Co-Diagnostics, Inc. (NASDAQ: CODX) fell 5.7 percent to $3.15 in pre-market trading after declining 5.65 percent on Wednesday. Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) shares fell 5.2 percent to $18.21 in pre-market trading after reporting a 2
Top 5 Tech Stocks To Buy Right Now: Communications Systems Inc.(JCS)
Advisors' Opinion:- [By Lisa Levin] Gainers Cara Therapeutics, Inc. (NASDAQ: CARA) shares surged 42.76 percent to close at $16.56 on Wednesday in reaction to a new licensing agreement with Europe-based Vifor Pharma. As part of the agreement, the biopharmaceutical company that alleviates pain licensed worldwide rights (except U.S., Japan, and South Korea) to Vifor Pharma to commercialize its KORSUVA therapy to Vifor $70 million. Yangtze River Port and Logistics Limited (NASDAQ: YRIV) gained 31.28 percent to close at $7.05 on Wednesday. Tiffany & Co. (NYSE: TIF) climbed 23.29 percent to close at $126.05 after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance. EVO Payments, Inc. (NASDAQ: EVOP) gained 18.88 percent to close at $19.02. EVO Payments priced its IPO at $16 per share. Carver Bancorp, Inc. (NASDAQ: CARV) rose 16.1 percent to close at $6.85. USA Technologies, Inc. (NASDAQ: USAT) gained 15.68 percent to close at $13.65 after announcing pricing of public offering. eXp World Holdings, Inc. (NASDAQ: EXPI) shares jumped 15.01 percent to close at $17.70. Geron Corporation (NASDAQ: GERN) gained 14.99 percent to close at $4.68. Evolus, Inc. (NASDAQ: EOLS) rose 14.62 percent to close at $19.36. Ralph Lauren Corporation (NYSE: RL) shares rose 14.34 percent to close at $133.33 after the company reported stronger-than-expected results for its fourth quarter. Turtle Beach Corporation (NASDAQ: HEAR) jumped 13.26 percent to close at $17.34 on Wednesday. Turtle Beach S-3 showed registration for 1.857 million share common stock offering via selling holders. Communications Systems, Inc. (NASDAQ: JCS) rose 13.18 percent to close at $3.95. Communications Systems reported establishment of special committee to explore strategic alternatives. Immutep Limited (NASDAQ: IMMP) shares climbed 12.95 percent to close at $2.53. xG Technology, Inc. (NASDAQ: XGTI) rose 12.64 percent to close at $0.8561 after the company&rsq
Top 5 Tech Stocks To Buy Right Now: Motorola Solutions, Inc.(MSI)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on Motorola Solutions (MSI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Commerzbank Aktiengesellschaft FI raised its position in Motorola Solutions Inc (NYSE:MSI) by 26.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,809 shares of the communications equipment provider’s stock after purchasing an additional 8,612 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Motorola Solutions were worth $4,749,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Joseph Griffin]
Morneau Shepell Inc (TSE:MSI) declared a monthly dividend on Tuesday, June 19th, Zacks reports. Investors of record on Friday, June 29th will be given a dividend of 0.065 per share on Monday, July 16th. This represents a $0.78 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, June 28th.
- [By Shane Hupp]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lowered its holdings in Motorola Solutions Inc (NYSE:MSI) by 4.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 434,200 shares of the communications equipment provider’s stock after selling 20,800 shares during the quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Motorola Solutions were worth $45,721,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Motorola Solutions (MSI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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