Yes, trading volume tends to dry up as the mercury rises. More people are on vacation, and there usually isn't as much big corporate news in late spring and summer as there is in the fall.
That's why some traders say it's okay to sit things out until November, when consumer companies start prepping for the holidays. You won't miss much in the summer. You may even avoid a nasty downturn.
September and October are famous for the 1929 crash, 1987's Black Monday, the market plunge after 9/11 and the collapse of Lehman Brothers in 2008. But stocks have lately performed well between the fifth and tenth months of the year. If you sold in May and went away over the past few years, you missed out on some big rallies.
The S&P 500 rose nearly 6% from the beginning of last May through the end of October. The blue chip index was up 5% during May through October of 2016 as well.
Top 10 Blue Chip Stocks To Own Right Now: Container Store (TCS)
Advisors' Opinion:- [By Ethan Ryder]
Container Store Group Inc (NYSE:TCS)’s share price hit a new 52-week high and low during mid-day trading on Monday . The company traded as low as $6.55 and last traded at $6.44, with a volume of 109163 shares. The stock had previously closed at $6.21.
- [By Joseph Griffin]
COPYRIGHT VIOLATION NOTICE: “Zacks: Analysts Anticipate Container Store Group Inc (TCS) Will Post Quarterly Sales of $231.21 Million” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/3377830/zacks-analysts-anticipate-container-store-group-inc-tcs-will-post-quarterly-sales-of-231-21-million.html.
Top 10 Blue Chip Stocks To Own Right Now: Teladoc, Inc.(TDOC)
Advisors' Opinion:- [By Peter Graham]
Small cap telehealth stock Teladoc Inc (NYSE: TDOC) is the�ninth most shorted stock on the NYSE with short interest of 43.00% according to�Highshortinterest.com. Teladoc calls itself the world��s largest and most trusted provider of virtual healthcare delivery services. The Company provides virtual access to high quality care and expertise with a portfolio of services and solutions �� inclusive of coverage of 450 medical subspecialties �� that spans the spectrum from non-urgent, episodic needs like flu and upper respiratory infections, to chronic, complicated medical conditions like cancer and congestive heart failure.�
- [By Shane Hupp]
Teladoc (NYSE:TDOC) CEO Jason N. Gorevic sold 25,000 shares of the business’s stock in a transaction dated Tuesday, May 15th. The shares were sold at an average price of $48.93, for a total transaction of $1,223,250.00. Following the transaction, the chief executive officer now directly owns 636,184 shares in the company, valued at approximately $31,128,483.12. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
- [By Keith Speights]
CVS Health isn't starting from scratch in developing its virtual care services, though. Merlo stated that the company is partnering with telehealth leader�Teladoc (NYSE:TDOC). He said CVS will use Teladoc as the engine to provides telehealth services through CVS Health's app. The services will be provided by the company's MinuteClinic as well as other providers. Merlo added that Teladoc is basically "private labeling our telehealth program."
- [By Chris Hill]
In today's episode of MarketFoolery, host Chris Hill and Motley Fool analyst Jason Moser go through some of the messy metrics from this quarter and explain which areas long-term investors should focus on to track how the company is doing. Also, Texas Roadhouse�(NASDAQ:TXRH) clocked in another good quarter, but how can the restaurant grow from here? Virtual healthcare provider Teladoc (NYSE:TDOC)�reports earnings later today, and long-term investors should watch for progress in these key metrics. Tune in to find out more.
Top 10 Blue Chip Stocks To Own Right Now: Stantec Inc(STN)
Advisors' Opinion:- [By Logan Wallace]
Stantec (TSE:STN) (NYSE:STN) has received a consensus rating of “Buy” from the nine research firms that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$36.50.
- [By Lisa Levin] Companies Reporting Before The Bell Nomad Foods Limited (NYSE: NOMD) is estimated to report quarterly earnings at $0.36 per share on revenue of $656.43 million. AMC Networks Inc. (NASDAQ: AMCX) is expected to report quarterly earnings at $2.2 per share on revenue of $720.14 million. Magna International Inc. (NYSE: MGA) is projected to report quarterly earnings at $1.7 per share on revenue of $10.11 billion. Univar Inc. (NYSE: UNVR) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.12 billion. Duke Energy Corporation (NYSE: DUK) is expected to report quarterly earnings at $1.14 per share on revenue of $5.78 billion. Owens & Minor, Inc. (NYSE: OMI) is projected to report quarterly earnings at $0.47 per share on revenue of $2.40 billion. Prestige Brands Holdings, Inc. (NYSE: PBH) is expected to report quarterly earnings at $0.61 per share on revenue of $255.60 million. Tribune Media Company (NYSE: TRCO) is projected to report quarterly earnings at $0.06 per share on revenue of $457.67 million. ArcBest Corporation (NASDAQ: ARCB) is estimated to report quarterly loss at $0.07 per share on revenue of $691.18 million. Genesis Healthcare, Inc. (NYSE: GEN) is projected to report quarterly loss at $0.34 per share on revenue of $1.32 billion. Enbridge Inc. (NYSE: ENB) is expected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion. Kelly Services, Inc. (NASDAQ: KELYA) is estimated to report quarterly earnings at $0.42 per share on revenue of $1.34 billion. NICE Ltd. (NASDAQ: NICE) is expected to report quarterly earnings at $1.01 per share on revenue of $332.93 million. World Acceptance Corporation (NASDAQ: WRLD) is estimated to report quarterly earnings at $3.94 per share on revenue of $147.32 million. MAXIMUS, Inc. (NYSE: MMS) is expected to report quarterly earnings at $0.84 per share on revenue of $616.04 million. Choice Hotels International, Inc. (NYSE: CH
Top 10 Blue Chip Stocks To Own Right Now: Viking Therapeutics, Inc.(VKTX)
Advisors' Opinion:- [By George Budwell]
Over the past year, for example, gene therapy company uniQure N.V. (NASDAQ:QURE) and endocrine specialist Viking Therapeutics (NASDAQ:VKTX) both saw their shares skyrocket against the backdrop of a fairly weak overall market for biotech. Despite their rapid appreciation, though, these two stocks might still be incredible bargains for investors comfortable with high levels of risk. Here's why.
- [By William Romov]
Currently trading at $4.52 per share, Viking Therapeutics Inc. (Nasdaq: VKTX) develops drugs to treat fatty liver disease and post-hip surgery rehabilitation. It has the highest share price of the penny stocks on our list today.
- [By Lisa Levin] Gainers Blink Charging Co. (NASDAQ: BLNK) shares climbed 31.68 percent to close at $7.19 on Wednesday. Blink Charging reported Q1 net income of $2.2 million, versus a year-ago net loss of $3.1 million. Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares gained 24.15 percent to close at $3.29. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share. 21Vianet Group, Inc. (NASDAQ: VNET) shares surged 24 percent to close at $6.82. Check-Cap Ltd. (NASDAQ: CHEK) gained 20.25 percent to close at $4.87. HUYA Inc. (NYSE: HUYA) shares surged 18.42 percent to close at $22.50 Abaxis, Inc. (NASDAQ: ABAX) rose 16.15 percent to close at $83.34. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash. Pain Therapeutics, Inc. (NASDAQ: PTIE) shares jumped 16.07 percent to close at $10.62. Bilibili Inc. (NASDAQ: BILI) rose 16.04 percent to close at $14.11. Gemphire Therapeutics Inc. (NASDAQ: GEMP) gained 14.88 percent to close at $6.33. Phoenix New Media Limited (NYSE: FENG) rose 13.96 percent to close at $5.55. Daqo New Energy Corp. (NYSE: DQ) jumped 13.88 percent to close at $67.27 on Wednesday. Sea Limited (NYSE: SE) jumped 12.59 percent to close at $11.98 after reporting Q1 results. Viking Therapeutics, Inc. (NASDAQ: VKTX) rose 12.01 percent to close at $5.13. Ascena Retail Group, Inc. (NASDAQ: ASNA) gained 11.93 percent to close at $3.19. Boot Barn Holdings, Inc. (NYSE: BOOT) climbed 11.66 percent to close at $24.52 on Wednesday after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance. Macy's, Inc. (NYSE: M) rose 10.83 percent to close at $33.17 after the company reported stronger-than-expected results for its first quarter and lifted guidance. ChemoCentryx, Inc. (NASDAQ: CCXI) gained 9.36 percent to close at $12.50. Canaccord Genuity initiated coverage on ChemoCentryx with a Buy rating. Biolinerx Ltd/S ADR (NASDAQ: BLRX)
- [By George Budwell]
Shares of Viking Therapeutics (NASDAQ:VKTX), a clinical-stage biotech developing treatments for endocrine and metabolic disorders,�dropped by 30.1% last month,�according to�S&P Global Market Intelligence. What's all the fuss about?
Top 10 Blue Chip Stocks To Own Right Now: Glu Mobile Inc.(GLUU)
Advisors' Opinion:- [By Rick Munarriz]
Shares of�Glu Mobile�(NASDAQ:GLUU)�hit another two-year high on Wednesday. The mobile games publisher has been on a roll since posting blowout financial results last week. The stock moved 22% higher last week, and it has soared 171% since the start of last year.
- [By Joseph Griffin]
Glu Mobile (NASDAQ:GLUU) insider Masi Niccolo De sold 134,785 shares of Glu Mobile stock in a transaction on Thursday, May 3rd. The shares were sold at an average price of $4.81, for a total value of $648,315.85. Following the completion of the transaction, the insider now owns 524,755 shares of the company’s stock, valued at $2,524,071.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Top 10 Blue Chip Stocks To Own Right Now: Telecom Argentina Stet - France Telecom S.A.(TEO)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Telecom Argentina (TEO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Friday morning, the telecommunication services shares rose 0.75 percent. Meanwhile, top gainers in the sector included Telecom Argentina S.A. (NYSE: TEO), up 6 percent, and pdvWireless, Inc. (NASDAQ: PDVW) up 4 percent.
- [By Joseph Griffin]
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Get Telecom Argentina alerts: Cablevisi贸n Holding Announces First Quarter 2018 Results (finance.yahoo.com) Zacks: Analysts Anticipate Telecom Argentina (TEO) Will Post Earnings of $0.39 Per Share (americanbankingnews.com) Telecom Argentina posts double-digit gains in Q1 (seekingalpha.com) Telecom Argentina S.A. announces consolidated first quarter results for fiscal year 2018 (‘1Q18’)* (finance.yahoo.com)Shares of Telecom Argentina opened at $23.57 on Wednesday, Marketbeat Ratings reports. The company has a market cap of $4.30 billion, a P/E ratio of 9.86, a price-to-earnings-growth ratio of 2.31 and a beta of 1.12. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.75 and a current ratio of 0.83. Telecom Argentina has a 52-week low of $21.38 and a 52-week high of $23.56.
- [By Joseph Griffin]
Telecom Argentina (NYSE:TEO) has been assigned an average recommendation of “Hold” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $38.00.
Top 10 Blue Chip Stocks To Own Right Now: Armstrong World Industries Inc(AWI)
Advisors' Opinion:- [By Ethan Ryder]
AptarGroup (NYSE: ATR) and Armstrong World Industries (NYSE:AWI) are both mid-cap industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability.
Top 10 Blue Chip Stocks To Own Right Now: UnitedHealth Group Incorporated(UNH)
Advisors' Opinion:- [By Chris Lange]
UnitedHealth Group Inc. (NYSE: UNH) is scheduled to reveal its fourth-quarter results on Tuesday. The consensus estimates are $2.51 in earnings per share (EPS) and $51.5 billion in revenue. Shares traded at $228.64 as the week came to a close. The consensus price target is $248.19, and the 52-week trading range is $156.09 to $231.77.
- [By Paul Ausick]
The Dow stock posting the largest daily percentage gain ahead of the close Monday was UnitedHealth Group Inc. (NYSE: UNH) which traded up 1.67% at $242.25. The stock’s 52-week range is $166.65 to $250.79. Volume was about 15% below the daily average of around 3.5 million shares. The company had no specific news.
- [By Lee Jackson]
Recently the managers removed AmerisourceBergen Corp (NYSE: ABC) and used the proceeds from the sale to increase the position they already held in Unitedhealth Group Inc. (NYSE: UNH).
- [By Paul Ausick]
UnitedHealth Group Inc. (NYSE: UNH) traded up 2.46% at $238.63. The stock’s 52-week range is $156.09 to $238.95, a new 52-week high set this afternoon. Volume was about 33% above the daily average of around 3 million shares. The company had no specific news Wednesday.
- [By Joseph Griffin]
Traders sold shares of UnitedHealth Group (NYSE:UNH) on strength during trading on Wednesday. $83.82 million flowed into the stock on the tick-up and $145.51 million flowed out of the stock on the tick-down, for a money net flow of $61.69 million out of the stock. Of all companies tracked, UnitedHealth Group had the 16th highest net out-flow for the day. UnitedHealth Group traded up $2.22 for the day and closed at $241.72
Top 10 Blue Chip Stocks To Own Right Now: Arca Biopharma Inc.(ABIO)
Advisors' Opinion:- [By Paul Ausick]
ARCA biopharma Inc. (NASDAQ: ABIO) traded down nearly 80% Monday and posted a new 52-week low of $0.45 after closing Friday at $1.60. The stock’s 52-week high is $2.76. Volume was around 9 million, nearly 40 times the daily average of around 230,000. The company reported a poor result on a phase 2 trial of treatment for a certain kind of heart problem.
Top 10 Blue Chip Stocks To Own Right Now: Allete, Inc.(ALE)
Advisors' Opinion:- [By Benzinga News Desk]
Not long after U.S. authorities filed sealed charges against Volkswagen’s (OTC: VLKAY) old chief executive officer, they granted the new CEO a rare safe-passage deal: Link
ECONOMIC DATA The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET. The TD Ameritrade Investor Movement Index for April is schedule for release at 12:30 p.m. ET. Tom Barkin is set to speak at 2:00 p.m. ET. Data on consumer credit for March will be released at 3:00 p.m. ET. Dallas Fed President Robert Kaplan will speak at 3:30 p.m. ET. Chicago Fed President Charles Evans is set to speak at 3:30 p.m. ET. ANALYST RATINGS Barclays upgraded Illumina (NASDAQ: ILMN) from Equal-Weight to Overweight KeyBanc upgraded Silgan (NASDAQ: SLGN) from Underweight to Sector Weight Mizuho downgraded ALLETE (NYSE: ALE) from Buy to Neutral Barclays downgraded Eaton (NYSE: ETN) from Equal-Weight to UnderweightThis is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
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