On Wednesday, small cap cancer stock Clovis Oncology Inc (NASDAQ: CLVS) soared 16.68% after announcing a $200 million cancer deal plus the biotech has more than tripled since late 2011, meaning it might be time to take a closer look at what�� driving the stock higher as well as look at the performance of biotech ETF benchmarks like iShares NASDAQ Biotechnology Index ETF (NASDAQ: IBB) and SPDR S&P Biotech ETF (NYSEARCA: XBI).
What is Clovis Oncology Inc?Small cap Clovis Oncology is focused on acquiring, developing and commercializing cancer treatments in the United States, Europe and other international markets as its development programs are targeted at specific subsets of cancer. Clovis Oncology has three product candidates in its development pipeline: 1) CO-1686, currently in Phase I/II development for the treatment of non-small cell lung cancer (NSCLC); 2) rucaparib, currently in Phase II development for the treatment of platinum sensitive, relapsed ovarian cancer; 3) lucitanib, currently commencing Phase II development for the treatment of breast and lung cancers.
Top Healthcare Technology Companies To Watch For 2015: Tenneco Automotive Inc.(TEN)
Tenneco Inc. designs, manufactures, and sells emission control and ride control products and systems for light, commercial, and specialty vehicle applications worldwide. The company offers emission control systems, such as catalytic converters and diesel oxidation catalysts to reduce harmful gaseous emissions; diesel particulate filters to eliminate particulate matter emitted from diesel engines; burner systems, which combust fuel and air inside the exhaust system; and hydrocarbon vaporizers and injectors. It also provides lean nitrogen oxide traps, selective catalytic reduction systems, and alternative NOx reduction technologies that reduce nitrogen oxide emissions from diesel power trains; mufflers and resonators to provide noise elimination and acoustic tuning; exhaust manifolds that collect gases from individual cylinders of a vehicle?s engine and direct them into a single exhaust pipe; pipes to connect various parts of hot and cold ends of an exhaust system; hydro fo rmed assemblies; hangers and isolators used for system installation and elimination of noise and vibration; and after treatment control units. In addition, the company offers ride control systems comprising shock absorbers, struts, vibration control components, a suite of roll-control and nearly equal wheel-loading systems, and advanced suspension systems, as well as other ride control products, including load assist products, springs, steering stabilizers, suspension kits, and modular assemblies. The company provides its products under the Monroe, Rancho, Clevite Elastomers, Marzocchi, Axios, Kinetic, Fric-Rot, Walker, Fonos, DynoMax, Thrush, and Lukey brands. It serves original equipment manufacturers, and repair and replacement markets. The company was formerly known as Tenneco Automotive Inc. and changed its name to Tenneco Inc. in 2005. Tenneco Inc. was founded in 1987 and is headquartered in Lake Forest, Illinois.
Advisors' Opinion:- [By Stephen Quickel]
Tenneco Inc. (TEN)
Located cross town from PKG in Lake Forest, TEN is a supplier emissions control and other auto parts with revenues of $9 billion. Earnings growth is estimated at 19% a year with an 11.4 P/E and a 0.60 PEG.
- [By Ben Levisohn]
Shares of Lear have gained 0.2% to $77.32 at 2:24 p.m. on a day when most auto-part companies are not doing much of anything.�Delphi Automotive, the big loser, has dropped 1.1% to $57.39,�Johnson Controls�(JCI) has fallen 0.2% to $42.94 and�Borg Warner�(BWA) has risen up 0.4% to $106.70. The big winner: Tenneco�(TEN), which has jumped 3.3% $54.65 after reporting better than expected earnings.
Top 10 Industrial Disributor Stocks For 2014: Lexington Realty Trust (LXP)
Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. It also provides investment advisory and asset management services to institutional investors in the net lease area. As of June 30, 2005, the company operated 185 properties and managed 2 properties. Lexington Corporate Properties Trust has elected to qualify as a REIT for federal income tax purposes. As a REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. The company was founded in 1991 and is based in New York City.
Advisors' Opinion:- [By CRWE]
Lexington Realty Trust (NYSE:LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments, reported that it would release its third quarter 2012 results the morning of Tuesday, November 6, 2012. Lexington will conduct a teleconference that same day at 11:00 a.m., Eastern Time.
Top 10 Industrial Disributor Stocks For 2014: Phillips 66 Partners LP (PSXP)
Phillips 66 Partners LP, incorporated on February 20, 2013, owns, operates, develops and acquires primarily fee-based crude oil, refined petroleum product and natural gas liquids (NGL) pipelines and terminals and other transportation and midstream assets. The Company�� initial assets consist of the three systems, which include Clifton Ridge crude system, Sweeny to Pasadena products system and Hartford Connector products system. A refined petroleum product pipeline, terminal and storage system extending from Phillips 66�� Sweeny refinery in Old Ocean, Texas, to its refined petroleum product terminal in Pasadena, Texas, and ultimately connecting to the Explorer and Colonial refined petroleum product pipeline systems and other third-party pipeline and terminal systems.
A crude oil pipeline, terminal and storage system located in Sulphur, Louisiana, that is the primary source for delivery of crude oil to Phillips 66�� Lake Charles refinery. A refined petroleum product pipeline, terminal and storage system located in Hartford, Illinois, that distributes diesel and gasoline produced at the Wood River refinery (a refinery owned by a joint venture between Phillips 66 and Cenovus Energy Inc.) to third-party pipeline and terminal systems, including the Explorer refined petroleum product pipeline system.
Advisors' Opinion:- [By Eric Volkman]
A new oil partnership with a storied name has made a splash on its market debut. Phillips 66 Partners (NYSE: PSXP ) began trading on the New York Stock Exchange this morning and at the moment is trading at $29.87, nearly 30% above its IPO price of $23 per share.
- [By Robert Rapier]
Likewise,�Phillips 66 Partners�(NYSE: PSXP) has risen 154% since its IPO just under a year ago, pushing the yield down to 1.45%. So why do investors keep bidding the price higher with the yield so low? Because they have very aggressive expectations of �how the partnership will grow its distribution. Anything that falls short of those aggressive expectations could result in a sharp pullback in the unit price.
Top 10 Industrial Disributor Stocks For 2014: Gen-Probe Incorporated(GPRO)
Gen-Probe Incorporated engages in the development, manufacture, and marketing of molecular diagnostic products and services that are used primarily to diagnose human diseases and screen donated human blood. Its women?s health product line includes APTIMA Combo 2 assay, APTIMA CT, APTIMA GC assays, and PACE family of assays to detect chlamydia and gonorrhea; APTIMA Trichomonas ASRs to detect trichomonas; APTIMA HPV assay to detect 14 sub-types of high-risk HPV associated with cervical cancer; and AccuProbe Group B Streptococcus (GBS) assay to detect GBS from culture. The company?s infectious diseases product line comprises ProFlu+ to detect influenza A, B, and Respiratory syncytial virus; ProFAST+ to detect and differentiate seasonal H1, seasonal H3, and H1N1pdm09; ProGastro Cd to detect toxigenic strains of clostridium difficile; AMPLIFIED MTD to detect mycobacterium tuberculosis; GAS Direct to detect gas directly from a throat swab; APTIMA HIV-1 and APTIMA HCV assays to detect RNA from HIV-1 and hepatitis C virus; and ASRs for quantitative HCV testing. Its blood screening products include Procleix HIV-1/HCV, Procleix Ultrio, Procleix Ultrio Plus, and Procleix WNV assays to detect HIV-1, HCV, HBV, and west nile virus in donated blood, plasma, organs, and tissues. The company?s transplant diagnostics products comprise LIFECODES HLA DNA typing kits; LIFECODES HLA antibody kits; LIFECODES PF4 assay to detect PF4 heparin-dependent antibodies; and LIFECODES PAK products for platelet antibody screening and detection. It also provides instrumentation and software for performing NAT assays; and genetic testing products, such as PROGENSA PCA3 and PCA3 ASRs to detect the PCA3 genes. The company serves reference laboratories, public health institutions, and hospitals through its direct sales force in United States, Canada, and Europe, as well as through distributors internationally. Gen-Probe Incorporated was founded in 1983 and is headquartered in S an Diego, California.
Advisors' Opinion:- [By Steven Russolillo]
Little has been quiet about GoPro Inc.'s(GPRO) stock-market debut. Until now.
The camera maker’s options became eligible for trading on Monday, and so far the day has passed with little fanfare. Some 24,000 options contracts traded Monday as of 3:20 p.m. Eastern Time , according to Andrew Wilkinson, chief market analyst at Interactive Brokers. That leaves GoPro’s activity below the top 50 companies with the most actively traded options contracts, he said.
- [By Heather Long]
The ideal scenario -- for a stock to bounce on the day of its initial public offering (IPO) like GoPro (GPRO) -- never happened. King tanked, ending its first day of trading at $19 and still hasn't fully recovered.
- [By Steven Russolillo]
For GoPro Inc.(GPRO), now comes the hard part.
Bearish investors are out in full force betting against the video-camera maker’s stock price after it more than doubled throughout its first four days on the public markets. Whether GoPro can convince the skeptics of its future prospects will go a long way in determining the stock’s next move.
Top 10 Industrial Disributor Stocks For 2014: RLJ Lodging Trust(RLJ)
RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. RLJ Lodging Trust was launched in 2000 and is domiciled in Bethesda, Maryland.
Advisors' Opinion:- [By Markus Aarnio]
American Hotel Income Properties' competitors include Hospitality Properties Trust (HPT), RLJ Lodging Trust (RLJ), and Hersha Hospitality Trust (HT).
Top 10 Industrial Disributor Stocks For 2014: Southern Copper Corporation(SCCO)
Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. It is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as refined silver. The company operates Toquepala and Cuajone mines in the Andes Mountains located southeast of the city of Lima, Peru, as well as a smelter and refinery in the coastal city of Ilo, Peru. It also operates La Caridad and Buenavista copper mines, and smelting and refining plants in Mexico. In addition, the company operates five underground mines that produce zinc, copper, lead, silver, and gold; a coal mine which produces coal and coke; and a zinc refinery. Further, it has 145,064 hectares of mineral rights in Peru; 176,250 hectares of exploration concessions in Mexico; 1,068 hectares of exploration concessions in Argentina; 35,958 hectares exploration concessions in Chile; and 2,544 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.
Advisors' Opinion:- [By Rich Duprey]
Mixed signals
Freeport-McMoRan (NYSE: FCX ) is looking to double its copper sales to the country within the next three years to take advantage of China's interest in expanding concentrate imports by 17% this year.�Southern Copper� (NYSE: SCCO ) , on the other hand, with the industry's largest copper reserves, intends on holding production at the same level it realized in 2012. - [By Roberto Pedone]
Southern Copper (SCCO) produces copper, molybdenum, zinc and silver. This stock closed up 4.3% at $28.79 in Friday's trading session.
Friday's Volume: 3.76 million
Three-Month Average Volume: 1.89 million
Volume % Change: 180%From a technical perspective, SCCO soared higher here back above its 50-day moving average of $28.17 with strong upside volume flows. This stock has been downtrending badly for the last six months, with shares plunging lower from its high of $41.35 to its recent low of $25.75. During that downtrend, shares of SCCO have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of SCCO have now started to rip off that $25.75 low and quickly move within range of triggering a near-term breakout trade. That trade will hit if SCCO manages to take out some near-term overhead resistance at $29.11 with high volume. If that breakout hits, then SCCO could be ready to reverse its downtrend and enter a new uptrend.
Traders should now look for long-biased trades in SCCO as long as it's trending above Friday's low of $27.58 or above $27 and then once it sustains a move or close above $29.11 with volume that's near or above 1.89 million shares. If that breakout triggers soon, then SCCO will set up to re-test or possibly take out its next major overhead resistance levels at $34 to $36.
Top 10 Industrial Disributor Stocks For 2014: Medical Marijuana Inc (MJNA)
Medical Marijuana Inc. (MJNA), incorporated on May 23, 2005, is the publicly held company vested in the medical marijuana and industrial hemp markets. The Company is comprised of a diversified portfolio of products, services, technology and businesses solely focused on the cannabis and hemp industries. These products range from patented based cannabinoid products, to whole plant or isolated high value extracts specifically manufactured and formulated for the pharmaceutical, nutraceutical and cosmeceutical industries. In March 2013, it sold certain equipment and inventory, web domain names, phone numbers, and all existing and pending agreements with hemp production and processing facilities to CannaVEST Corp.
The Company�� services are varied, ranging from medical clinic management to the capitalization and development of existing industry business and product leaders. Services include development of cannabinoid based health and wellness products, and the development of medical grade compounds. MJNA provides over 50 and patented cannabinoid delivery methods that are more socially and medically acceptable than smoking.
Advisors' Opinion:- [By James E. Brumley]
If it seems like the buzz surrounding marijuana stocks like Medical Marijuana Inc. (OTCMKTS:MJNA), Hemp, Inc. (OTCMKTS:HEMP), and GreenGro Technologies, Inc. (OTCMKTS:GRNH) has been a little louder than usual the last few days, you're not crazy - it has been louder, and particularly bullish. GRNH shares advanced 37% in December. HEMP is up 166% for the past two weeks. MJNA has jumped 47% in just the past couple of days. Well, as it turns out, it's not just mere coincidence that GreenGro Technologies, Hemp, Medical Marijuana, and a bunch of other cannabis-related names have perked up of late. And, odds are pretty good they'll all continue to do well (even of the pace slows a bit) in 2014.
- [By Bryan Murphy]
Companies like Medical Marijuana Inc. (OTCMKTS:MJNA), Tranzbyte Corp. (OTCMKTS:ERBB), and Growlife Inc. (OTCBB:PHOT) were on the receiving end of another dose of good news on Thursday.... not that they necessarily needed it. That's when a study conducted by researchers at the University of Texas was published, illustrating how not only did the advent of medical marijuana not increase crime, but rather, coincided with a (relative) decline in crime.
- [By Bryan Murphy]
There's no denying it. Marijuana stocks like Cannabis Science Inc. (OTCMKTS:CBIS), Growlife Inc. (OTCBB:PHOT), and Medical Marijuana Inc. (OTCMKTS:MJNA) have gotten their second wind (and some would argue their third wind) over the past few days, doling out big gains in a very short period of time. MJNA is up 88% over the past four trading days, counting today. PHOT has popped 44% during that timeframe. CBIS has advanced 91% in just six days. It's everything a devoted shareholder of any of these companies could hope for, and more.
- [By James E. Brumley]
A week and a half ago when I suggested Latteno Food Corp. (OTCMKTS:LATF) was an effective way of getting into the medical marijuana craze for anyone who missed the big runups (the first or the second time) from names like Medical Marijuana Inc. (OTCMKTS:MJNA) or Hemp, Inc. (OTCMKTS:HEMP), not many people agreed with my assessment. That's the nice way of saying I received some "colorful counter-opinions" to my bullishness on LATF. Indeed, some readers were downright enraged I would dare compare the company to stocks like MJNA or HEMP, citing reasons ranging from the possibility that it's a complete scam to the possibility that the capital structure as amazingly unfair to current shareholders.
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