While utilities are eager to clean up the power sector, they're realizing that will be a difficult task for renewables alone to accomplish. Consider that, because power and energy aren't the same thing, it takes 2 gigawatts (GW) of solar or 1.4 GW of wind to replace the electricity generated from every 1 GW of retired coal-fired capacity. That gap will close as technology improves, but time is of the essence to meet carbon emission reductions outlined in the Paris Agreement.
That helps to explain why many utilities are turning to one of the most important, lowest-cost, and most often overlooked clean energy technologies available: energy efficiency. Long-term investors should pay close attention, as the compounding synergies realized from pairing renewables with energy efficiency could differentiate the best utilities stocks to own from the rest of the pack.
Image source: Getty Images.
Top Clean Energy Stocks For 2019: Heico Corporation(HEI)
Advisors' Opinion:- [By Travis Hoium]
Heico Corp (NYSE:HEI) continued its strong earnings run this week, reporting strong top and bottom line growth in the fiscal third quarter of 2018. Acquisitions made over the past year are paying off on the top line, while cost discipline and a lower tax rate are helping drive growth on the bottom line.
- [By Garrett Baldwin]
We're about to reveal a little wealth secret that could unlock the trade of a lifetime. Money Morning Special Situation Strategist Tim Melvin takes you inside what could easily be a 10-bagger for investors in the weeks ahead. Read more right here.
The Top Stock Market Stories for Tuesday The Euro has plunged to its lowest point against the U.S. dollar in 2018 thanks to political problems in Europe. The breakdown of power in Italy has raised new concerns about the nation's ability to repay its debts, as the spread between German and Italian bonds has widened. Market instability has also spread to Spain where the nation's parliament is preparing to vote on whether to oust Prime Minister Mariano Rajoy and his party. Oil prices slid one news that OPEC and Russia will consider hikes in production during a meeting in Vienna, Austria on June 22nd. The news accompanied reports that U.S. production is expected to rise throughout the summer. The price of WTI oil sat at $67.20 per barrel. The Brent crude oil price recovered this morning, adding 1% to hit $76.12. Canadian banks are under pressure this morning over a major breach by cyber criminals. The Bank of Montreal (NYSE: BMO) and the Canadian Imperial Bank of Commerce (NYSE: CM) – the two largest banking institutions in the country – announced that roughly 90,000 customers' data may have been stolen. This would be the first major cybersecurity event to happen in Canada involving financial firms. Three Stocks to Watch Today: CRM, SBUX, MOMO com (NYSE: CRM) will lead a busy day of earnings reports on Wall Street. The cloud computing giant is set to report fiscal first quarter 2019 numbers after the bell on Tuesday. The average analyst projection calls for a 46% jump in EPS of $0.46 on top of a 23% gain in revenue to $2.94 billion. Starbucks' Corporation (Nasdaq: SBUX) will temporarily close about 8,000 locations on Tuesday to train roughly 175,000 employees on racial bias. The training sessions were - [By Travis Hoium]
Heico Corp. (NYSE:HEI) has quietly been one of the best stocks on the market the past decade, outperforming the S&P 500's total return, 659% to 145%. It's performed so well by steadily growing its core aviation manufacturing business and acquiring companies that have been accretive to earnings.
- [By ]
HEICO (HEI) : "We're not buying anything at a 52-week high -- but on a pullback, you bet."
Cramer and the AAP team say the main factor contributing to Friday's weakness was Apple (AAPL) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
Top Clean Energy Stocks For 2019: Deluxe Corporation(DLX)
Advisors' Opinion:- [By Logan Wallace]
Shares of Deluxe Co. (NYSE:DLX) hit a new 52-week high and low during trading on Wednesday . The company traded as low as $66.95 and last traded at $66.64, with a volume of 9122 shares changing hands. The stock had previously closed at $67.67.
- [By Ethan Ryder]
Deluxe Co. (NYSE:DLX) CEO Lee J. Schram sold 6,309 shares of the company’s stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $68.07, for a total transaction of $429,453.63. Following the completion of the sale, the chief executive officer now owns 268,181 shares in the company, valued at approximately $18,255,080.67. The sale was disclosed in a filing with the SEC, which is accessible through this link.
- [By Logan Wallace]
TheStreet lowered shares of Deluxe (NYSE:DLX) from a b- rating to a c+ rating in a research note published on Tuesday.
Deluxe stock opened at $59.59 on Tuesday. The firm has a market cap of $2.83 billion, a P/E ratio of 11.31 and a beta of 0.92. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.16 and a quick ratio of 1.04. Deluxe has a one year low of $57.06 and a one year high of $78.87.
- [By Joseph Griffin]
Skyline Asset Management LP bought a new position in shares of Deluxe Co. (NYSE:DLX) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 242,100 shares of the business services provider’s stock, valued at approximately $17,918,000. Skyline Asset Management LP owned approximately 0.51% of Deluxe as of its most recent SEC filing.
Top Clean Energy Stocks For 2019: OncoSec Medical Incorporated(ONCS)
Advisors' Opinion:- [By Max Byerly]
OncoSec Medical Inc (NASDAQ:ONCS) traded up 5.9% on Wednesday . The stock traded as high as $1.45 and last traded at $1.43. 506,563 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 730,660 shares. The stock had previously closed at $1.35.
- [By Logan Wallace]
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
Get OncoSec Medical alerts: OncoSec Medical (ONCS) Given Buy Rating at Dawson James (americanbankingnews.com) OncoSec Presents Update from Triple Negative Breast Cancer Program at 3rd Global Insight Conference on Breast Cancer (finance.yahoo.com) OncoSec appoints Sara M. Bonstein as CFO and COO (seekingalpha.com) Oncosec Medical (ONCS) Appoints Sara M. Bonstein as CFO and COO (streetinsider.com) OncoSec Appoints Sara M. Bonstein as Chief Financial Officer and Chief Operating Officer (finance.yahoo.com)ONCS stock traded down $0.02 during trading on Thursday, reaching $1.28. The company’s stock had a trading volume of 367,800 shares, compared to its average volume of 916,959. OncoSec Medical has a 1 year low of $0.88 and a 1 year high of $2.95. The firm has a market capitalization of $68.05 million, a PE ratio of -1.21 and a beta of 2.98.
- [By Stephan Byrd]
HC Wainwright set a $4.00 price target on OncoSec Medical (NASDAQ:ONCS) in a research report released on Tuesday. The firm currently has a buy rating on the biotechnology company’s stock.
Top Clean Energy Stocks For 2019: CSX Corporation(CSX)
Advisors' Opinion:- [By Asit Sharma]
Last week, CSX Corporation (NASDAQ:CSX) announced that it's soliciting bids for six non-contiguous rail segments located in North Carolina, West Virginia, Kentucky, and New York. Selling the non-core assets, which comprise approximately 650 miles of track, is part of a "broader initiative to drive asset utilization, enhance network efficiency and create long-term value for the company," according to CSX's June 6 press release.
- [By ]
Railroad CSX (CSX) is another stealth tech company. CSX saw its load volumes decrease this quarter, but was still able to crush earnings estimates thanks to increased efficiencies that stemmed from -- you guessed it -- technology. Shares of CSX were up 7.8% on the day.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on CSX (CSX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By ]
CSX Corp. (CSX) shares jumped in after-hours trading Tuesday, April 17, after reporting a top- and bottom-line beat for the first quarter, driven by lower costs and restructuring expenses.
- [By Eric Volkman]
The problem is that owning and maintaining rail assets is ferociously expensive, and transporting humans isn't as lucrative as hauling cargo. The major and successful publicly traded rail companies -- Canadian National Railway (NYSE:CNI) and CSX (NASDAQ:CSX), to name two -- all concentrate on moving stuff rather than people.
- [By Asit Sharma]
As I've written previously, the railroad is struggling to lift its productivity. Congestion issues in the company's southern region stretching back to last year have prevented it from making the type of efficiency leaps competitor CSX Corporation (NASDAQ:CSX) has recently achieved, wowing investors in the process. Current-quarter operating statistics point to sustained pressure on the railroad's traffic, even as it tries to improve network fluidity. Average train speed decreased by 3% to 24.7 miles per hour in the second quarter, while average terminal dwell (idle) time increased 4% to 29.5 hours.
Top Clean Energy Stocks For 2019: Tetra Tech Inc.(TTEK)
Advisors' Opinion:- [By Max Byerly]
Strs Ohio grew its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 23.7% during the second quarter, Holdings Channel reports. The institutional investor owned 4,700 shares of the industrial products company’s stock after acquiring an additional 900 shares during the period. Strs Ohio’s holdings in Tetra Tech were worth $274,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Tetra Tech, Inc. (NASDAQ:TTEK) shares hit a new 52-week high on Friday . The company traded as high as $71.15 and last traded at $70.70, with a volume of 2488 shares. The stock had previously closed at $70.20.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Tetra Tech (TTEK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Tri-Tech (OTCMKTS: TRITF) and Tetra Tech (NASDAQ:TTEK) are both industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, risk, earnings, valuation and analyst recommendations.
Top Clean Energy Stocks For 2019: Blueknight Energy Partners L.P., L.L.C.(BKEP)
Advisors' Opinion:- [By Ethan Ryder]
Shares of Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) have earned an average recommendation of “Hold” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $4.00.
- [By Max Byerly]
Blueknight Energy Partners LP (NASDAQ:BKEP) hit a new 52-week low on Tuesday . The company traded as low as $2.30 and last traded at $2.37, with a volume of 12716 shares traded. The stock had previously closed at $2.35.
- [By Ethan Ryder]
Phillips 66 Partners (NYSE:PSXP) and Blueknight Energy Partners (NASDAQ:BKEP) are both oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, earnings, institutional ownership, analyst recommendations, risk and profitability.
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