• John Schnatter responds to wife's divorce filing
    American City Business Journals

    John Schnatter responds to wife's divorce filing

    The founder and ex-CEO of Papa John's International Inc. has responded to his wife's divorce filing. John Schnatter, who has been married to Annette (Cox) Schnatter since 1987, admits to all of the facts about the couple's marriage as detailed in the petition for a dissolution of marriage, according to an Oldham County family court filing. The document also states that he and Annette have reached a separation agreement.

  • I’m 56 and unemployed, but have $100,000 to live off until I find a job. Where should I put this money?
    MarketWatch

    I’m 56 and unemployed, but have $100,000 to live off until I find a job. Where should I put this money?

    UPGRADE Dear Catey, I’m a single, 56-year-old female. I’m currently unemployed and am going to sell my house. I will walk away with at least $100,000. This is all the money I have at the moment. I will be looking for work (I was laid off).

  • TheStreet.com

    Stocks End Higher on Hopes of U.S.-China Trade Deal

    Stocks finished modestly higher Thursday as investors reacted to mixed signals about a possible U.S.-China trade deal. Chinese Commerce Ministry spokesman Gao Feng said Thursday that the U.S. and China remain in close communications regarding trade. "China believes if both sides reach a phase-one agreement, relevant tariffs must be lowered," he said.

  • Financial Times

    Psychology of wealth: if you are worth millions, why bother working?

    At 35 and worth $70bn, why not cash in and kick back on a beach on a private island while making the odd donation to charity? The first are people like Amazon founder Jeff Bezos and Facebook chief Zuckerberg: bosses and entrepreneurs. More interesting are the second group: those who are not defined just by their work and wealth, including most “ordinary” millionaires.

  • Top 5 Positions in Warren Buffett's Portfolio
    Investopedia

    Top 5 Positions in Warren Buffett's Portfolio

    Warren Buffett is undeniably the most closely watched, highest-profile investor in modern history. Not surprisingly, investors relentlessly clamor to match his success by analyzing his portfolio, hoping to absorb even a tiny morsel of Buffett's investment genius. Despite his unparalleled success, Buffett's investment model has always been transparent, straightforward, and consistent.

  • Barrons.com

    The 60/40 Stock/Bond Portfolio’s Time May Be Over. Here’s What to Do Instead.

    Stocks and bonds, domestic and international—all have posted nicely positive returns, along with real estate investment trusts and precious metals. Real assets, such as commodities and energy-related master limited partnerships, have been among the few downers. A 60/40 mix of the (ticker: SPY) and (AGG)—exchange-traded funds that track the most widely used benchmarks for the U.S. equity and fixed-income markets—have returned 19.20% for the year, through Wednesday, according to (MORN) That’s the sort of showing that would please most equity-only investors in a typical year, although putting all your chips in the SPDR ETF would have generated a 26.36% return.

  • Ford workers break their silence on faulty transmissions: 'My hands are dirty. I feel horrible'
    USA TODAY

    Ford workers break their silence on faulty transmissions: 'My hands are dirty. I feel horrible'

    “My hands are dirty. I feel horrible,” said a Ford engineer who played a key role in developing the popular compact cars.

  • 3 “Perfect 10” Stocks Poised to Surge in 2020
    TipRanks

    3 “Perfect 10” Stocks Poised to Surge in 2020

    We are now in the last month of the decade, one which has seen the market rally to unprecedented heights. This year in particular, the S&P 500 has soared beyond expectations, and is on its way to its biggest yearly gain since 2013. The question on investors' minds is whether 2020 will see a continuation of the trend. Like anything else, when it comes to investing, there are no certainties, but we can try and mitigate the fear of the unknown by using the best tools at hand.TipRanks' Smart Score tool displays the "best stocks to buy" by collecting data from 8 key metrics and using the results to score the stocks accordingly - from 1, at the bottom, all the way up to a “perfect 10,” at the top.So, heading into the new decade we zoomed in on 3 stocks which apart from displaying Strong Buy status also rank up the higher echelons of the smart score chart. Let’s take a look.Caleres (CAL)The US-China trade war has wreaked havoc on all sorts of industries this year due to increased tariffs. The shoe industry has not been spared, either, as global footwear retailer, Caleres, can attest. The stock has vastly underperformed the market this year, slumping almost 20% overall.The recent third-quarter report was a mixed bag, too. The strong performance from Famous Footwear has contributed to record sales in the quarter, yet the increased tariffs weighed down on EPS, which came in at $0.78, and missed estimates by 5 cents. The company cut back its forecast for F2019 to reflect the impact of new tariffs.Nevertheless, 4-star Wedbush analyst Christopher Svezia is stepping up to call Caleres a buy: "CAL shares trade at a ~37% discount to historic levels, cheap for a stock with momentum building into a de-risked 4Q and another year of sales growth and margin expansion driving +LDD EPS gains for FY20.” The analyst further added, “CAL has significantly improved its op. model by divesting non-core assets and moving distribution towards premium channels while improving efficiencies, leading to higher-margin sales across much of its wholesale platform. There is room to drive more productive sales through speed to market capabilities, international growth, the launch of Veronica Beard in SP20 and more.“To this end, Svezia reiterated an Outperform rating on Caleres stock, along with a price target of $27, implying potential upside of 22% from today's closing price. (To watch Svezia’s track record, click here)Svezia isn't alone in his bullish take on Caleres' potential. The stock's "perfect 10" Smart Score indicates a "Strong Buy" analyst consensus, as well as increased hedge fund activity. (See Caleres’s stock analysis on TipRanks)Huya (HUYA)Talking of China, we move on to Guangzhou, which houses the headquarters of live streaming platform, Huya.The platform’s primary focus is gaming and esports, and in the last quarter alone it organized 110 e-Sports tournaments with over 500m viewers, as well as hosting 38 inhouse organized tournaments. The business is diversifying, though, with reality shows, musical performances, and animated content being added to the platform.The broadening of the company’s remit comes alongside international expansion. Huya currently has 17 million monthly active users outside China and has set its sights on 20 million by the end of the year. A driving force towards reaching this goal is the Huya owned Nimo TV, a Spanish language live streaming platform with markets predominantly in Latin America. There are half a billion Spanish speakers worldwide, a huge market for Nimo TV to tap into.Huya reported 3Q19 results with revenue and earnings ahead of consensus on better-than-anticipated live streaming and gross profit margins, and Jefferies’ Thomas Chong likes what he sees.The analyst opined, “Mid-point of 4Q19 revenue guidance is 5% and 11% ahead of consensus and our estimates… We believe the better-than-expected guidance is due stronger sequential growth in paying users, while the company is heading towards the goal of 150m domestic MAU (monthly active users). We see Huya as demonstrating strong execution in its domestic market with overseas expansion in the long run, thanks to its content diversification and localization strategies.”Accordingly, Chong maintained a Buy rating on the Chinese streamer, and increased his price target from $26.80 to $30. The target implies hefty potential upside of nearly 60%. (To watch Chong’s track record, click here)Huya's "perfect 10" score includes a “Strong Buy” consensus analyst rating alongside encouraging sentiment from bloggers and hedge funds. (See Huya's stock analysis on TipRanks)Zendesk (ZEN)Shares of customer service software maker Zendesk are up roughly 30% year-to-date. But not everything has been so glamorous for the stock, especially in the end of July. A disappointing Q2 report halted the upward curve, after which the share price fell sharply.The recent Q3 report was a mixed bag, too. While revenue grew year-over-year by 36%, there were diminishing returns from EMEA (Europe, the Middle East, and Africa) for the second quarter in a row on account of macro and sales implementation headwinds. Billings growth slowed down as well, dropping to 25% as opposed to 35% in the previous quarter.However, Piper Jaffray’s Brent Bracelin is not concerned, saying, “Despite mixed fundamentals over the last two quarters, we still view ZEN as a strategic cloud asset with a unique offering and customer base that sits squarely in an area where spending could increase materially in 2020.”Zendesk has been adding a set of complementary software products to its support ticketing system and customer service software, and these seem to be hitting the spot. Bracelin added, “Fortunately for ZEN, revenue growth has been resilient within the U.S. region accelerating to 41% vs. 38% last quarter driven by strong adoption of the Zendesk Suite and Duet bundles... Interest in Sunshine is high suggesting an even broader move up market could unfold if this product takes hold next year.”Bracelin assumed coverage on ZEN with an Overweight rating, alongside a price target of $94, which implies about 25% upside from current levels. (To watch Bracelin’s track record, click here)Overall, ZEN has received 10 “buy” and 2 "hold" ratings over the past three months. That, alongside encouraging sentiment from investors, bloggers and hedge funds, contributes to a "perfect 10" Smart Score for ZEN. (See Zendesk’s stock analysis on TipRanks)

  • GM, LG Chem to Build $2.3 Billion Ohio Battery Plant
    Bloomberg

    GM, LG Chem to Build $2.3 Billion Ohio Battery Plant

    Dec.05 -- Mary Barra, chief executive officer at General Motors, and Hak-Cheol Shin, vice chairman and chief executive officer at LG Chem, discuss their $2.3 billion joint investment in a new electric-vehicle battery plant to be built in Lordstown, Ohio. They speak with Bloomberg’s David Westin on "Bloomberg Markets."

  • 3 Under-The-Radar Dividend Stocks with over 9% Dividend Yield
    TipRanks

    3 Under-The-Radar Dividend Stocks with over 9% Dividend Yield

    Reading the news about the stock markets, it pays to remember that the giant corporations – the Apples and the Microsofts, the Walmarts and the Home Depots – have a habit of taking up all the available oxygen in the room. That is, they hog the headlines, and can obscure a view of the larger picture.That larger picture, examined with an eye for the unusual, can reveal some excellent stock deals. There are plenty of bargain deals in the equity markets, and they offer plenty of reasons for investors to look twice. We’ve used the TipRanks Stock Screener tool to search the database and find three that fit the profile, with a special focus on dividend stocks.By choosing the right filter settings, we could focus directly on stocks with solid upside potential, a Buy rating, and a dividend yield of over 5%. That last is particularly important, as a high dividend yield indicates a stock that will return income to investors at rates well above the average. A further refinement of the search, to narrow it down to small and micro-cap stocks, weeded out any large companies that likely already get plenty of press attention. The resulting search brought back 69 stocks that matched the profile – a far more manageable number for market research. We’ve chosen three of the high-yielding dividend stocks from that short list for a closer examination. Let's take a closer look:Cypress Energy Partners (CELP)The energy industry in North America is booming – that’s a fact. Extraction of oil and natural gas is big business across the United States – in Texas, the Dakotas, Appalachia – and in the Canadian West. There’s no lack of customers, as the US, in September, saw its first-ever month as a net oil exporter, and markets are expanding for natural gas, a cleaner burning alternative to petroleum derivatives.All of this gas and oil, and the customers that depend on it, would come to nothing if it weren’t for the midstream companies. These are the players who actually move the product – they control pipelines; tankers on road, rail, and water; terminals; and storage facilities. The midstream companies, while they don’t get the same attention as the extraction companies, make the business possible. Cypress Energy inhabits this sphere.The company operates in several segments of the midstream niche. It offers pipeline inspection and testing services across the United States, as well as water sourcing, gathering, disposal, and recycling facilities in the Bakken oil fields of the Dakotas. This micro-cap (market cap of $105 million) company reported strong financials, with Q3 revenues coming in at $108.9 million and net income at $5.5 million, while net debt was deleveraged by 17%.But for investors, the most important part was the dividend. For the quarter, CELP paid out 21 cents per share, or 84 cents annualized and a 10% yield, consistent with its payouts for the previous 10 quarters. That’s right – Cypress has maintained its dividend at almost 5x the S&P’s average yield for over two and a half years. It’s a flashing sign to investors that this stock is poised to give a solid return. This is backed up by the stock’s impressive 56% gain in 2019.In line with our search profile, CELP has only one recent analyst review, but that is a firm Buy. B. Riley analyst Tom Curran wrote last week, “Our confidence in Cypress Energy Partners' 2020 growth potential … has been significantly bolstered by the partnership's 3Q19 beat and outlook update… [and] research we have done that quantifies the U.S. oil and gas midstream's dual secular uptrends in annual total pipeline mileage and total miles inspected per year…”Curran puts an $11 price target with his Buy rating, indicating confidence in a 26% upside. (To watch Curran’s track record, click here)Green Plains Partners LP (GPP)Our second stock, Green Plains, operates in an industry adjacent to oil and gas midstreaming. GPP provides storage, transport, and terminal services to the fuel industry, with a network of storage tanks and transport assets for ethanol and other volatile fuels.GPP’s primary focus is on ethanol. The company owns 32 facilities in 5 Midwest and Great Plains farming states, plus Tennessee and Texas, and can handle 1.1 billion gallons per year. Terminal facilities across the South, and more than 2,800 rail tankers with a total capacity of 85 million gallons, extend the company’s ethanol transport network.Weak margins in Q3 definitely weighed on the company, but the outlook is better moving forward. CEO Todd Becker said, in the Q3 earnings conference call last month, that margins turned positive during Q4 and are expected to hold at positive or breakeven levels through mid-2020. He points out, “Our balance sheet has allowed us to be patient,” and important point, as the company has available $254 million in cash and cash equivalents, plus $260 million accessible in revolving credit agreements.From the standpoint of returns to investors, especially on dividends, GPP truly stands out. The company raised its dividend payment each quarter back in 2017, from 43 cents quarterly to 48 cents, and has held it steady at 48 ever since. The current annualized payment, $1.90, gives the dividend the tremendous yield of 14.1%. This is 7x the ~2% average yield of S&P listed companies, and the long history of consistent payments or incremental increases, plus the company’s strong cash position, are signs that the dividend is sustainable.Green Plains’ only recent analyst review comes from RBC Capital analyst Elvira Scotto. The five-star analyst published her note on the stock back in September, and strongly reiterated her stance in early November. In her September comments, she wrote, “We believe GPP's contract structure provides highly visible cash flow in the near-term. Longer-term we believe GPP can grow and further diversify through acquisitions given its strong balance sheet.”Scotto puts a $15 price target with her Buy rating on GPP, implying an upside of 11%. (To watch Scotto’s track record, click here)Advanced Emissions Solutions (ADES)The energy boom has resulted, of course, in increased use of fuels of all sorts, from oil to natural gas to ethanol – and even to coal. ADES works that last segment, providing technologies and solutions to control plant emissions pollutants from coal-fired power generation. The company also offers water purification technologies for industrial and municipal uses.The popular push toward a cleaner environment, and the political pull of environmentalist groups, has turned emissions cleaning solutions into a big business. ADES is a profitable company – not always a given in a competitive business with low margins. In Q3, revenues rose from last year’s $5.1 million to the current $19.1 million. Net income dropped, however, slipping 29% to $3.9 million. The drop in revenues is attributable to a negative hit on the company from the increasing popularity of natural gas and other cleaning burning fuels. Remember here that ADES works heavily with coal-fired power plants. Shares price fell 14% after the quarterly release, reflecting investor unease with the loss in net income.On a brighter spot for investors, however, ADES reported having $20.2 million in cash and cash equivalents on hand in September. While this was down 15% from the company’s cash position at the end of 2018, the spending was on shareholders. Over the course of 2019, ADES has been returning income to investors through dividends and buybacks. The dividend of 25 cents per quarter has been stable for over two years, and management’s actions this year shows a commitment to maintaining it. The $1 annualized payment gives a yield of 9.8%, a boon for investors, while the 43 % payout ratio shows that the dividend is easily sustainable.H.C. Wainwright analyst Amit Dayal is bullish on ADES, writing on November 14, just after the earnings report was released, that management is confident that they can win and renew contracts above historical levels, and drive growth into the 15% to 20% range next year. He says, “We are projecting overall top line revenues of $74.5M in 2019 and expect these to rise to $111.3M in 2021…”Dayal rates ADES as a Buy, with an $18 stock-price forecast. His target suggests an impressive 77% upside potential to the stock, indicating confidence that the recent slip in share price was a more of a blip. (To watch Dayal’s track record, click here)

  • Financial Times

    Big-name US investors take aim at beaten-up energy sector

    Warren Buffett, Carl Icahn, Jerry Jones and Sam Zell are just a few of the bargain-hunters flocking to the energy industry — the worst-performing sector of 2019. The miserable year caps a grim decade, which has brought the oil and gas sector’s weighting in the S&P 500’s market capitalisation to a record-low 4 per cent. That is down dramatically from the 13 per cent weighting of 2008, when oil was trading above $140 a barrel and the world was much less determined to wean itself off fossil fuels. In 2011 the energy sector was trading at about the same level as the broader market, as a multiple of book value.

  • RH Soars On Earnings
    Investor's Business Daily Video

    RH Soars On Earnings

    The top-performing retailer smashed earnings expectations and also raised its full-year earnings guidance. CEO Gary Friedman struck a bullish tone when talking about the company's international expansion plans.

  • Apple Stock Surges To Record High On Holiday Sales Buzz
    Investor's Business Daily

    Apple Stock Surges To Record High On Holiday Sales Buzz

    Apple stock jumped to an all-time high Friday on reports that the company is having a strong holiday sales period with hot products like AirPods, Apple Watch and the iPhone 11 smartphone.

  • Financial Times

    German industry hit by biggest downturn since 2009

    Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is sputtering. Industrial output, which includes Germany’s dominant factory sector, dropped 5.3 per cent in October from the same month in 2018, according to the Federal Statistics Office. showing industrial orders fell sharply in October, and with most manufacturers expecting a further shrinkage in November, the figures suggest that the two-year downturn in German manufacturing is nowhere near close to ending.

  • DocuSign Stock Rises As Earnings, Revenue, Billings Beat Estimates
    Investor's Business Daily

    DocuSign Stock Rises As Earnings, Revenue, Billings Beat Estimates

    DocuSign stock jumped on Friday after the maker of software that digitizes contract paperwork reported third quarter profit, revenue and billings that topped expectations.

  • Aurora Cannabis (ACB): Next Up, International Pain
    TipRanks

    Aurora Cannabis (ACB): Next Up, International Pain

    A big thesis of the Canadian cannabis LPs investment story was global expansion. The news last week of Aurora Cannabis (ACB) being blocked from Germany sales highlights the bigger problems of trying to operate in dozens of countries. With a concerning low level of cash, the cannabis giant doesn’t need another revenue problem while a competitor just opened up a potential financing source to solve the cash crunch.Unsurprisingly, investor sentiment is also very negative, with individual portfolios in the TipRanks database showing a net pullback from Aurora stock.Germany ProblemAccording to MJBizDaily, Aurora Cannabis’ medical cannabis products aren’t going to be on the Germany market until early next year at the earliest. Health authorities apparently are concerned about a “proprietary step” used by the Canadian company to ensure the shelf life of the products.The news outlet suggests Aurora Cannabis could have a problem with prescriptions following regulatory approval next year as German pharmacists move onto another product for treatment of patients. In the last quarter, the company had C$5 million in international cannabis sales with the majority of the revenues from the German market. The issue speaks to the bigger concern of trying to meet regulatory requirements in dozens of countries as the company ramps up global operations.Just last week, the company announced plans for entering Ireland. The CBD oil drops are approved by the Medical Cannabis Access Programme for three medical conditions.This news should again caution the excitement over global operations, especially considering Aurora Cannabis will report virtually nothing for ongoing international operations that were a cornerstone of the stock story.Facility Financing While investors are facing another revenue disappointment for Aurora Cannabis, the company got some good news from Aphria (APHA) and a potential game plan for resolving current cash crunch fears. The ability of Aphria to obtain a C$80 million secured loan with an interest rate in the 5% range is a very positive sign for Aurora Cannabis. The larger cannabis company has nearly C$1 billion worth of property and equipment on the balance sheet.The large cannabis company ended the last quarter with only C$237 million of cash on the balance sheet or roughly enough cash to wrap up the capital spending for the rest of FY20 ending next June. Aurora Cannabis must fund ongoing operating cash burn via funding sources such as the existing at-the-market stock offering which already sold C$107 million worth of stock in FQ2.The market would welcome low cost debt based on the massive facilities already in operation. Any anti-dilutive option is a concern with the company already having borrowings of C$282 million plus another C$283 million in convertible debt after the recent conversion of C$230 million worth of converts.Aurora Cannabis lacks the immediate path to EBITDA profits that makes Aphria a more attractive company to extend secure facilities loans.TakeawayThe key investor takeaway is that Aurora Cannabis faces more operational struggles after a big hit to their international expansion plan. The company can’t face any hits that impact the path to profitability.A low-cost loan, secured by facilities would be one strong signal that Aurora Cannabis has turned the corner. For now though, investors are best watching on the sideline waiting for the cannabis company resolve funding issues first.To find better ideas for cannabis stocks trading at fair value or better, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

  • Barrons.com

    Cleveland-Cliffs Stock Could Be Worth $10 If the CEO Is Right

    Cleveland-Cliffs surprised everyone with its plan to buy AK Steel. Whether investors like the transaction comes down to how they feel about Cleveland-Cliffs dynamic CEO Lourenco Goncalves.

  • Barrons.com

    Trump Is Not Ready to Sign a Trade Deal With China — and the Stock Market Doesn’t Care

    Amid the elation over Friday’s jobs report, investors are ignoring the fact that Larry Kudlow said President Donald Trump is not ready to sign a trade deal with China.

  • Barrons.com

    The ‘Titanic’ Indicator Has Been Right for the Past Two Years. It’s Flashing Red for the Stock Market.

    When stocks hit a record composite high, followed by more 52-week lows than highs, it can signal a meaningful pullback or correction.

  • Lockheed Martin scored over $1B in deals last month for DFW work
    American City Business Journals

    Lockheed Martin scored over $1B in deals last month for DFW work

    Lockheed Martin and other DFW defense contractors brought in hundreds of millions of dollars last month.

  • U.S.News & World Report

    9 Dividend Stocks That May Be Missed

    When most people go looking for a dividend stock, they tend to gravitate to the same old blue-chip stocks. There's good reason since many of these giants have large institutional investors behind them and a rich history of distributions to shareholders that can date back more than a century. Stocks like flailing industrial giant General Electric Co. (ticker: GE) and fallen utility PG&E Corp. (PCG) prove that even big stocks can carry big risks.

  • Barrons.com

    Citigroup and 23 More Dividend Stocks That Offer Shelter in Today’s Economy

    Now that the U.S. economy is expanding less quickly, stocks with the fastest and most sustainable dividend growth are worth considering, according to a recent research note by UBS.

  • Billionaire Paul Singer Pulls the Trigger on These 2 “Strong Buy” Stocks
    TipRanks

    Billionaire Paul Singer Pulls the Trigger on These 2 “Strong Buy” Stocks

    Coming up from humble beginnings to manage one of the world’s largest hedge funds, Paul Singer has never shied away from risk. He holds degrees in both psychology and law, and understands the important of reading people and events to mitigate that risk. He started his asset management firm, Elliot Management, back in 1977, after leaving a short-lived career in real estate law. He had $1.3 million in seed money, and since turned that into a $38.2 billion portfolio of assets under management.Singer’s career hasn’t been without controversy. In 2009, it was revealed that his firm held more than one-third of its portfolio in distressed securities, and Elliot was accused of being a vulture fund, profiting greatly from the debts of the less fortunate. Today, Singer and Elliot Management operate a more diversified portfolio, and functions as a multi-strategy hedge. But that doesn’t mean that controversy has gone away.His fund is still accused of predatory activity, but on level both more sophisticated and higher scale. In one example, Singer’s fund acquired a controlling interest in Cabela’s, the chain of sporting goods stores, and within a short time was pressuring the company Board of Directors to sell out. The board balked – Cabela’s was bringing in over $1 billion annually – but the fund pushed harder, an offer came in from Bass Pro Shops, and the sale was made. The town of Sidney, Nebraska, where Cabela’s had been headquartered, saw a loss of 2,000 jobs while Elliot Management pocketed $90 million."Elliott Management has made billions by buying large stakes in American companies, then firing workings, driving up short-term share prices, and in some cases taking government bailouts,” Fox News host Tucker Carlson explained. It's a clear example of how the interests of investing and working classes can diverge.But not every investment leaves a trail of bad news, however. Elliot Management has plenty of politically less contentious holdings among their $12 billion worth of 13F reported securities. These are a matter of the public record, and savvy investors can learn valuable lessons from perusing them. We’ve done some of the footwork for you.Using those public records, and cross checking with the TipRanks Stock Screener, we’ve picked out two ‘Strong Buy’ stocks that Elliot bought into big-time in Q3. Each stock has a solid upside – upwards of 30% – and offers investors an above-average dividend payout. So, let’s dive in and find out why Paul Singer likes them.Marathon Petroleum (MPC)With an output of 2 million barrels per day of refined crude oil, Marathon is the largest oil refining company in the United States. It operates in several segments of the oil business, including its core refining operations, midstream well-to-refinery pipelines and transport, and end-use customer retail in both the consumer and industrial sectors. Marathon saw $96.5 billion in revenues in fiscal 2018.So, like Elliot Management, Marathon is an example of gigantism. The oil company has a market cap of $39 billion, and at the end of October reported Q3 earnings of $1.63 per share. While down year-over-year (Q3 2018 showed $1.70 EPS), the current figure clobbered the forecast of $1.30 – beating it by 25%. Revenues were up almost 35%, to $31.2 billion for the quarter.Investors like MPC first for its strong profits, and second for its reliable dividend. The company currently pays out 53 cents per share quarterly, or $2.12 annualized, and has been slowly and steadily increasing that dividend over the last 12 quarters. The current payment gives a yield of 3.53%, 1.3 times higher than the average yield of S&P listed companies.So, there are obvious reasons for a diversified hedge fund to like MPC – strong profits and a steady payback. And we see that in Q3, Singer bought up 3,998,273 shares of the stock, boosting his firm’s holding by 87%. Elliot now owns 8.6 million shares of Marathon Oil, a holding worth over half a billion dollars.4-star analyst Paul Cheng, of Scotiabank, is bullish on MPC, writing after the Q3 earnings release: “We remain positive on the refining industry’s medium-term macro backdrop [...] We view MPC’s various strategic announcements and 3Q19 earnings release positively [...] we note that MPC’s sum-of-the-parts discount remains wider than that of peers.” Cheng puts a $94 price target with his Buy rating on the stock, showing confidence in an impressive 56% upside potential. (To watch Cheng’s track record, click here)With 8 Buy ratings given in recent months, MPC has a unanimous Strong Buy consensus rating. The stock currently sells for $60, and the $82 average price target suggests room for 37% growth on the upside. (See Marathon Petroleum stock analysis on TipRanks)Mobile Mini (MINI)The guy who invented the overseas shipping container came up with a thing of genius. These giant steel boxes, built to standard sizes, make loading and offloading the ocean’s freighters easier and cheaper. Mobile Mini brings that concept to land-based storage at a variety of scales, offering storage solutions for small and medium businesses. The company builds, and then sells or leases, welded steel storage containers. Mobile Mini’s boxes come in sized from 5 to 45 feet, and are readily convertible to more than 100 configurations, including sheds, guard rooms, and site offices. The company even offers options for the storage of water and other industrial liquids.Where Marathon is a corporate giant, Mobile Mini lives up to its name. This small-cap company boasts a $1.6 billion market cap, and benefits from the agility inherent in smaller companies. Mobile Mini credits its strong growth since 2000 to aggressive marketing, a wide variety of storage container products, and a diverse customer base, including small and large businesses dealing in both solid and liquid materials.In recent years, the company’s stock has been volatile, but has still shown an 18% gain in 2019. While underperforming the S&P 500 index, this is still solid growth, and MINI has accompanied it with a 2.92% dividend yield. At a 50% payout ratio, that dividend is easily sustainable – and better, the company has been increasing the payment each year for the last three years. The current payment is 28 cents per share quarterly.As with MPC, it’s clear why Paul Singer would be interest in MINI. The stock has a firm niche in its business, and pays back investors at above-average rates. Elliot Management picked up a large block of MINI in Q3, opening a new position with a 2 million share purchase. That holding is worth over $75 million – a gain of $1.5 million since the reported purchase.5-star Oppenheimer analyst Scott Schneeberger lays out the case for MINI is clear and simple words: “A straightforward story of financial metric improvement, MINI is well positioned for long-term profitable growth and free cash flow sufficient to fund organic/acquisitive growth, debt reduction, and increasing return of capital. We're drawn to the long-lived asset characteristics and lengthy average rental period of MINI's legacy portable storage container business, which is experiencing a solid demand environment expected to persist.” Schneeberger back up his upbeat outlook with a $42 price target, implying an 11% upside – not spectacular, but straightforwardly profitable. (To watch Schneeberger’s track record, click here.)Like MPC, shares in MINI have a unanimous Strong Buy consensus rating, this one based on 3 recent bullish reviews. The stock sells for $37, so the $51 average price target suggests an upside of 37%, significantly better than Schneeberger’s, and indicating that Wall Street, like Singer, is optimistic about Mobile Mini. (See Mobile Mini stock analysis on TipRanks)

  • RBC: 3 “Strong Buy” Stocks That Could Step on the Gas in 2020
    TipRanks

    RBC: 3 “Strong Buy” Stocks That Could Step on the Gas in 2020

    The Cambridge Dictionary’s definition of an expert is a “person with a high level of knowledge or skill relating to a particular subject or activity.”Apply this to the investing world, and how do we see this in action? We pull out TipRanks’ Top Wall Street Firms and notice who sits at the top of the heap.Occupying the throne right now is renowned investment bank RBC Capital, which means that among the company’s employees there are seasoned pros with a proven track record for success. Utilizing the TipRanks Stock Screener tool, we’ve found three stocks receiving Strong Buy ratings from most analysts in general, and endorsed by RBC in particular. Let’s take a closer look: Ovid Therapeutics (OVID)Ovid Therapeutics shares are on a tear. The stock price of this neurological medicines firm has raced ahead 66% this year, leaving the Nasdaq Biotechnology ETF (IBB) in its dust. But would you believe it has even further to run? Would you believe it could go up another 200%? RBC analyst Brian Abrahams does. In his latest research note, Abrahams reiterated an Outperform rating on OVID, along with a price target of $12.00 (To watch Abraham’s track record, click here)The drug maker has several therapies in the pipeline. Leading programs in development right now are OV101, which focuses on a potential treatment for Angelman syndrome and Fragile X syndrome, two neurodevelopmental disorders caused by genetic mutations, and OV935, a program focused on developing potential therapies for people living with rare epilepsies.Top-line data from a Phase 3 NEPTUNE trial of OV101 in Angelman's Syndrome should be released in mid-2020, and Abrahams thinks there is a very reasonable chance of success. While acknowledging some risk given disease heterogeneity, unclear dose dependence, and inconsistent subdomain effects in ph.II, the 5-star analyst noted, “We believe clinical and preclinical data for the company's lead candidate OV101, an extrasynaptic GABAA receptor agonist, are in totality supportive of the drug's activity in Angelman Syndrome, and believe the stock price currently underappreciates the likelihood the drug succeeds in improving clinical symptoms of the disease in ph.III. Given the high unmet need in this population, we believe FDA will be permissive -- highlighted by the Agency's endorsement of the pivotal trial design -- and if approved, should enable good uptake and pricing power.”Other analysts are even more optimistic. Indeed, the average price target on Wall Street is $13.50 -- implying nearly 240% upside. And over the last three months, no one on the Street has assigned Ovid shares anything less than a "buy" rating. (See Ovid stock analysis on TipRanks)Anaplan (PLAN)This year has seen a number of car crash IPO’s, as several over valued startups got on the receiving end of a harsh reality check following public listings. One to avoid such a fate, is cloud computing ‘connected planning’ platform, Anaplan.The company’s name derives from the combination of analysis and planning, which makes sense to us, as it makes software that connects people in a shared environment to business data in order to make better-informed plans and decisions.Anaplan impressed Wall Street with its latest F3Q20 earnings report. The company handily beat expectations on several key metrics, including top-line, billings, and margins. Additionally, this led to management significantly boosting its FY20 guidance.RBC’s Alex Zukin believes that a ‘large addressable market’ can serve as a catalyst for Anaplan’s growth, noting, “Anaplan indicates that the Planning market is a $21B+ opportunity (based on IDC forecasts). We believe customers are paying legacy vendors billions of dollars today and there is potential for spend significantly above that if greenfield, excel-based business processes meaningfully start to convert to Planning vendors.”Anaplan’s growth potential has Zukin reiterating his Outperform rating, along with a price target of $70. PLAN is currently trading at $52.56, indicating gains of 33% might be in the cards should Zukin’s target materialize. (To watch Zukin’s track record, click here)What’s the Street’s plan for PLAN, then? The consensus is that the connected planning innovator is a Strong Buy, a rating achieved as a result of 9 "buy" and 3 "hold" ratings issued in the past 3 months. The average stock-price forecast of $63.33 implies upside potential of 20% from current levels. (See PLAN stock analysis on TipRanks)Analog Devices (ADI)Last and least, we come to semiconductor maker Analog Devices, which scored an "outperform" rating (i.e. "buy") from 5-star RBC analyst Mitch Steves.ADI stock is up nearly 38% in 2019 compared to the S&P 500, which has returned 24%. That’s impressive, but the big question for investors is whether the company (and its stock) can maintain the momentum. Steves suggests that if everything goes as planned, ADI will be a $136 stock in the next 12 months, implying about 18% return. (To watch Steves’ track record, click here)The company’s recent FQ4 numbers were mildly below Street expectations. Revenues of $1.44 billion slightly missed the Street’s estimate of $1.45 billion, while EPS of $1.19 came below the $1.22 estimate. FQ1 guidance also missed the Street’s targets.Steves commented, “We continue to believe that sentiment is still quite negative on the stock and remain positive as operating margin expansion should begin in Q2 and beyond [...] We remain positive on ADI and its suggestion of a recovery in Q2 is in line with our Analog view as well.” The analyst further added, “We are seeing positive trends within ADI’s communications business, as the company manages to sustain share gain and capture 5G opportunities. Being exposed to 5G radio content represents significant differentiation relative to the analog group, in our view.”The RBC expert is not alone in his take on ADI, as 11 Buys and 3 Holds from the analysts tracked by TipRanks over the last 3 months result in a Strong Buy consensus rating. The average price target stands at $125.57. (See ADI stock analysis on TipRanks)