|Day Low/High||13.13 / 13.32|
|52 Wk Low/High||7.83 / 11.88|
We are keeping an eye on rate-sensitive names for possible buying opportunities, as stocks fell around 1.5% this week.
We picked up more Abraxas Petroleum on weakness, while the market rebounded slightly after the FOMC announced the anticipated quarter-point rate hike.
Shareholders of Synovus Financial and Huntington Bancshares will qualify for payouts this week.
We bulked up on Abraxas Petroleum and Yamana Gold on weakness, as the markets pulled back and investors positioned for next week’s FOMC meeting.
We booked some profits in Huntington Bancshares and Builders FirstSource, while markets digested the likelihood of a March rate hike.
We believe the prudent move is to lock in some of these gains.
The company is our second-largest holding, and we believe it’s prudent to take profits once we’ve doubled our investment.
We opened a new position in Abraxas Petroleum on its above-average growth potential, as stocks faced selling pressure this week.
Jim Cramer is bullish on Incyte, Skyworks Solutions, Western Digital, Constellation Brands and more.
This market may be cheaper than it looks, especially if companies can keep delivering on the earnings front, says Jim Cramer.
- The multi-year contract renewal includes use of Black Knight's MSP platform to manage Huntington's mortgage and home equity loans on one platform.
We closed out our position in OraSure Technologies for an average gain of 105% gain.
We used some of the proceeds to boost our stake in Jive Software this week. In addition, we initiated a position in drug-delivery system developer, Antares Pharma.
The central bank exempted mid-sized companies from the "qualitative" part of stress tests that determine whether the companies can pay dividends and buy back stock in the coming year.
We used a price decline to add to our position in TherapeuticsMD this week.
The company saw solid growth in commercial and industrial loans and deposits.
We'll be listening tomorrow for management’s 2017 interest rate outlook.
The advisers stand to benefit if the sector sees more deal activity under Trump.
We’d look to purchase Builders FirstSource, Jive Software and TherapeuticsMD on near-term declines.
We would consider adding to TherapeuticsMD on the next market decline and booking profits in ON Semiconductor into a rally.
We didn't trade in the model portfolio this week, but several of our holdings made big moves so far this year.
Regional banks may get the urge to merge if Congress relaxes some regulations this year.
Congress will seek to wipe out or make changes to the Dodd-Frank Act in small chunks, with a focus first on providing relief for mid-sized regional institutions.
We closed out a number of holdings for big gains in 2016, including McDermott, Cott and CECO Environmental.
We didn't make any trades this week but are keeping 40% of the portfolio in cash to add names as opportunities arise.
Here are Tuesday's top research calls, including an upgrade for Western Digital and new coverage for Ciena, Salesforce and Square.