|Bid||161.50 x 1400|
|Ask||170.00 x 900|
|Day's Range||162.62 - 165.95|
|52 Week Range||78.81 - 171.50|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||22.87|
|Earnings Date||Nov 12, 2018 - Nov 16, 2018|
|Forward Dividend & Yield||0.24 (0.15%)|
|1y Target Est||170.35|
As the broader market is ready for a counter-trend bounce, it is the ideal time to bet on stocks that are sound enough to grow in the near term.
Several companies that have been red-hot over the past few months have suddenly become stocks to watch for all the wrong reasons. Stocks do suffer setbacks from time to time. Too many investors have forgotten it, largely thanks to the market's mostly unfettered advance since 2016. But we caught a brief glimpse of that reality in early 2018, when the Standard & Poor's 500-stock index fell roughly 10% from its peak. The bigger-picture backdrop was so overwhelmingly bullish, however, that investors were quick to forget it and rekindle the rally. This more recent stumble in October was a not-so-gentle reminder that stocks aren't bulletproof. Indeed, equities - still up 12% since early April and headed into a time of year known for marketwide weakness - appear ripe for the bearish pressures of heavy profit-taking. And some stocks that have outperformed their peers of late suddenly seem more vulnerable than others. Here are a dozen stocks to watch that may well take the biggest hits should the market tide turn fully bearish. They've been big winners of late, but they don't appear to have the kind of staying power they need to hold their ground when things get rocky. SEE ALSO: 10 Companies Already Hurt by President Trump's Tariffs
In sync with Cummins' (CMI) target to return 75% of operating cash flow to shareholders, its board approves $2-billion share repurchase program.
In sync with Genuine Parts' (GPC) global growth strategy, its UK-based wholly-owned company AAG announces acquisition of two automotive businesses.
Toyota (TM) recalls more than 2.4 million Prius and Auris models due to faulty hybrid system, which might result in stalling of the cars.
Richmond, British Columbia--(Newsfile Corp. - October 05, 2018) - Alpha Peak Leisure Inc. (TSXV: AAP) ("Alpha Peak" or the "Company") announces a correction to its management information circular (the "Information Circular") dated as of September 11, 2018 and filed under the Company's SEDAR profile on September 14, 2018.Disclosure in the Information Circular under the heading "Election of Directors" erroneously stated the number of common shares beneficially owned or controlled by Dennis Chi-Wai Tam.The Company has filed ...
Cummins (CMI) and Isuzu to evaluate probable powertrain technologies to deal with changing requirements of the commercial vehicle segment.
Toyota's (TM) plan to shift production by 2020 is likely to help it cut costs by 20%. However, frequent vehicle recalls are elevating its expenses.
Morocco's proximity to Europe and the country's vehicle manufacturing goals encourage Magna (MGA) to set up an engineering center by forming a JV with Altran.
In this daily bar chart of AAP, below, we can see a bullish golden cross of the 50-day and 200-day moving averages back in February. Volume does not look bullish but the On-Balance-Volume (OBV) line shows a nice rise the past year telling us that buyers of AAP have been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator has been in a take profits mode through September but the two moving averages that make up this indicator have begun to narrow and could cross to the upside soon.
The Zacks Analyst Blog Highlights: Advance Auto Parts, Guess', Tilly's, UFP Technologies and Cleveland-Cliffs
Competition from Amazon doesn't always mean total annihilation, CNBC's Jim Cramer says. The "Mad Money" host revisits some "Amazon survivors" to make his case. In fact, Amazon-induced stock declines can often be chances for investors to turn a profit, CNBC's Jim Cramer said Monday.
October has seen the end of more bear markets than any other month, making it a month for contrarian buying. However, October has been relatively stronger during midterm election years.
BorgWarner (BWA) collaborates with WM Motors set up transportation model, with their electrical systems and high-performance electric power products.
Group 1 (GPI) announces availability of Audi's monthly vehicle subscription service known as Audi select at its two dealerships in Texas.
As of September 20, O’Reilly Automotive (ORLY) stock has risen 2.7% so far this month. In comparison, AutoZone (AZO) has slipped 0.6%, and Advance Auto Parts (AAP) has risen ~3.4%. In September, the S&P 500 benchmark has registered only a 1.0% rise.
So far in this series, we’ve covered AutoZone’s (AZO) fiscal fourth-quarter sales, profit margins, debt position, and valuation multiples. Currently, 50.0% of the analysts provided “buy” ratings on the company’s stock, as we discussed in the previous part.
According to the data compiled by Reuters, 50.0% of analysts covering AutoZone stock (AZO) gave its stock a “buy” recommendation. Another 46.0% of analysts recommended a “hold” on the company’s stock while the remaining 4.0% of analysts recommended a “sell.” On September 19, 24 Wall Street analysts were covering AZO.
Valuation multiples are widely used in the automobile and auto parts industries to compare businesses. It’s important to only use valuation multiples to compare companies that are similar in terms of size, business model, or financials. In this fashion, AutoZone’s (AZO) forward valuation multiples can be compared (XLY) with its peers O’Reilly Automotive (ORLY) and Advance Auto Parts (AAP).
Forty Advance Auto Parts stores in the greater Raleigh/Triangle-area collecting much-needed items to be distributed to those recovering from Hurricane Florence
Nissan (NSANY) recalls nearly 240,000 cars and SUVs due to faulty seals of anti-lock brake pump, which may result in vehicle fire.