|Bid||44.68 x 1300|
|Ask||44.70 x 800|
|Day's Range||44.15 - 44.71|
|52 Week Range||40.34 - 65.57|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||17.52|
|Forward Dividend & Yield||0.88 (1.67%)|
|1y Target Est||N/A|
The Milwaukee-based water technology manufacturer saw its stock dip from more than $48 per share Thursday morning to below $43 Friday after two separate firms, J Capital Research and Spruce Point Capital Management, questioned the accuracy of its margins due to its dealings in China.
Stocks put together another strong rebound on Thursday, as the S&P 500 hurdled a few key short-term levels. Can the rally continue? Let's look at a few top stock trades going into Friday. Top Stock Trades for Tomorrow 1: A. O. Smith Click to EnlargeA. O. Smith (NYSE:AOS) is actually a dividend stud, not that you'd suspect it based on Thursday's action. Shares are down more than 7% after a negative report about the company's exposure to China.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYikes. While the stock has rebounded nicely from the session lows, it's still down big. On Wednesday, the stock was teetering on $48 support, a key level that also happened to be near the stock's 200-week moving average. * 5 Low-Priced, High-Potential Tech Stocks to Buy Thursday's plunge causes major concerns on the chart now, with a potential drop down to $41 in the cards. On a rebound, see how it handles $48. Top Stock Trades for Tomorrow 2: Skyworks Solutions Click to EnlargeSkyworks Solutions (NASDAQ:SWKS) was also hit hard on the day, down about 5.5%.The real tell came on Wednesday though, with this week's action painting quite the picture. On Monday, shares gapped down from $82.50, closing below the key $80 level and breaking below the 200-week moving average. On Wednesday it tried to push back through the 200-day, but was rejected. That was our sign that SWKS was in trouble.Below this week's low and SWKS doesn't look too healthy. On the plus side, the stock filled its February gap, but it's still searching for support. A close above $75 improves the technical situation a bit and adds to the probability of a 200-day retest. Below $75 though and $70 is on the table. Top Stock Trades for Tomorrow 3: Qorvo Click to EnlargeQorvo (NASDAQ:QRVO) was also hit, falling more than 5.5% on the day. The 50-day and 20-day moving averages weren't able to hold up as support, although $68 did provide a nice bounce.Below Thursday's low and the 200-day moving average and $64.50 level are in sight. Below $64 and QRVO will be flirting with a fall into no man's land. Should the stock bounce from current levels first, watch to see how it does with the 20-day and 50-day moving averages. Top Stock Trades for Tomorrow 4: The Trade Desk Click to EnlargeThe Trade Desk (NASDAQ:TTD) is a name we love for the long term, but it's been volatile in the short term. Shares fell to $173.60 after earnings, falling about 25% in a matter of days. A market rebound coupled with the CEO's appearance on Jim Cramer's "Mad Money" show was enough to ignite the stock back over $200.Not bad, but now it's running into trouble.Shares ran to $210 on Thursday. Not only was this a prior resistance zone, but the 50-day and 20-day moving averages converged at $204 and helped to act as resistance.From here, a retest of TTD's range lows near $180 wouldn't be a surprise, particularly if we get some selling pressure in the broader market. A rally over $210 could spring TTD back up to $230 or more. Top Stock Trades for Tomorrow 5: Pinterest Click to EnlargeShares of Pinterest (NYSE:PINS) are ripping higher on Thursday, up more than 6% -- and still climbing! There's just one issue and that's earnings, which are due up after the close.Given the volatility over the past few weeks, PINS has held up pretty well. Shares were mostly bouncing between $28 and $30, with the exception of a break down to $26.39. However, the stock pushed through short-term downtrend resistance (blue line) and climbed above $30 range resistance.It will be interesting to see how it trades from here. Will the report be like Lyft (NASDAQ:LYFT) and sack the newly public company or will it be enough to propel it back to its highs near $35? * 7 Stocks to Buy that Lost 10% Last Week The best case scenario for bulls? A report that highlights a solid underlying business and price action that maintains support. Be it at prior resistance near $30, the 8-day moving average at $29 or range support at $28.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell was long TTD and PINS. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy Compare Brokers The post 5 Top Stock Trades for Friday: AOS, QRVO, PINS, TTD appeared first on InvestorPlace.
Water heater and boiler manufacturer A.O. Smith Corp (NYSE: AOS ) has a material undisclosed partner, Jiangsu UTP Supply Chain, that acts like the company and allows it to "stuff" distributors ...
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A. O. Smith Corp NYSE:AOSView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for AOS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.65 billion over the last one-month into ETFs that hold AOS are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
On a per-share basis, the Milwaukee-based company said it had net income of 53 cents. The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research ...
A.O. Smith's (AOS) Q1 results are likely to benefit from strong demand for water heater volumes in the U.S. residential industry. Unfavorable movement in Chinese currency is a concern.
The most recent quarterly report from bulldozer maker Caterpillar (NYSE:CAT) left shareholders concerned about its future -- and China's economy in general -- if the 5.5% setback CAT stock has suffered since its release is any indication.Source: Anthony via FlickrInvestors should be wary of drawing sweeping conclusions though. Caterpillar's caution could be more boilerplate than it seems on the surface, and China may not be in the dire straits some investors have been led to believe.That's the long way of saying the pullback may ultimately serve as a good entry point into an underestimated and now undervalued Caterpillar stock, if …InvestorPlace - Stock Market News, Stock Advice & Trading Tips Quarter in FocusThe broad numbers were solid enough. Sales of $13.47 billion just topped expectations of $13.46 billion, but were up 5% year-over-year. Per-share earnings rolled in at $2.94, up two cents from the year-ago's $2.82, and handily topping analyst estimates of $2.86 per share of CAT stock.It was the fine print that failed to thrill investors. Namely, its overseas business was a letdown. Sales to Latin America's construction customers fell 7%, and Europe-Africa-Middle East constriction business slumped 6%.It was China, though, which makes up roughly one-tenth of Caterpillar's business, that spooked investors. Sales of construction equipment to the world's second-largest economy slumped 4% year-over-year, underscoring the impact of largely unpopular U.S. tariffs on China that have stymied trade between the countries. * 10 High-Yielding Dividend Stocks That Won't Wilt Those tariffs have proven to be a two-way challenge. Tariffs on steel imported from China into the U.S. have kept prices high after they nearly doubled between 2016 and 2018. But, Caterpillar must also still account for fees paid to sell goods in China. The rhetoric in the meantime has evolved into chatter that the tariff war itself has hurt China's economy, crimping demand for heavy construction equipment regardless of its cost.The headwind that's proving problematic for Caterpillar though -- or at least owners of CAT stock -- may be more unique to the company than suggested. Stronger Than It SeemsThe tariffs have worked as planned, to be clear. China is seeing measurable slowdowns of its economic engine, which were meant to bring the country to the negotiation table and ultimately prompt it into lowering admittedly steep tariffs on U.S.-made goods shipped there. Last year's economic growth was the slowest China had seen in decades.The country's hardly been brought to its knees, though, and not every segment of its economy is in trouble.China's manufacturing industry, for instance, returned to growth in March after a four-month hiatus. The Caixin/Markit Manufacturing Purchasing Managers' Index improved from 49.9 to 50.8, and now stands at its highest level since the middle of 2018 when the tariff wars had just begun in earnest.It was artificially induced growth, to be clear. China has introduced stimulus and offered bailouts to critical entities. Nevertheless, those efforts appear to be working.China's headwind also delivered a blow to the nation's construction industry, where Caterpillar was vulnerable. Sales of cranes and excavators improved by more than 60% during January and February though, fueled by its government's stimulus package. Sales of heavy trucks grew 4% in March. * 10 Dow Jones Stocks Holding the Blue Chip Index Back But, those buyers just weren't buying Caterpillar-made equipment as they had in the recent past. Bottom Line for CAT StockCaterpillar isn't completely alone in its struggle to figure out how to handle its China problem. Water heater company A.O. Smith (NYSE:AOS) projects sales in China will slump between 3% and 6% this year, largely leaving the company out of whatever construction and replacement business is being mustered by China's stimulus. Dow mainstay 3M (NYSE:MMM) announced on Thursday it would be cutting 2,000 jobs after falling short of last quarter's earnings estimates, mostly thanks to weakness in sales to China.China isn't universally the liability it's being made out to be, though. It's dented and dinged to be sure, but not down for the count, and not yet past the point of renewed growth.To that end, should the political standoff fueling the trade war abate, CAT stock immediately becomes a compelling investment prospect again. China is already/still doing reasonably well enough. It just needs a good enough reason to consider Caterpillar's wares again.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 5 Hot Dividend Stocks to Buy as the Weather Heats Up * 7 Dividend Stocks That Could Double Over the Next Five Years * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Cloud Stocks to Buy Now Compare Brokers The post Caterpillar Stock China Woes May Seem Overplayed Once Trade Fears Abate appeared first on InvestorPlace.
The most recent earnings announcement A. O. Smith Corporation's (NYSE:AOS) released in December 2018 suggested that the business benefited from a strong ta...
A.O. Smith (AOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
Warren Buffett's $82.5 billion estimated net worth makes him the world's third-wealthiest man, behind Microsoft's Bill Gates and Amazon's Jeff Bezos. Unlike Gates and Bezos, however, Buffett's fortune came from investing in other companies. Since Buffett took control of Berkshire Hathaway in 1964, the price of Berkshire's A shares has increased at an annualized rate of 20.5%, compared with 9.7% for Standard & Poor's 500-stock index. Like most wildly successful investors, Buffett makes it sound easy: Buy quality companies with great businesses, and try to buy low when the opportunity arises. Invest for the long term. Those rules--and a canny eye for opportunity--have led Berkshire to stocks as diverse as Apple, Coca-Cola, Costco and Visa. Most stocks, even the ones Buffett loves, aren't cheap. "Prices are sky-high for businesses possessing decent long-term prospects," Buffett said in his 2018 shareholder letter. The eight stocks here embody virtues that Buffett loves. Not all are bargains, but all are high-quality stocks with rock-solid balance sheets, strong competitive advantages, prodigious cash generation or the power to raise prices, even in tough times. SEE ALSO: How Well Do You Really Know Warren Buffett?
A. O. Smith's (AOS) Water-Right buyout will expand its water treatment solutions business, especially in the wholesale market. It also declared to reward shareholders with a quarterly dividend.
China, the world's second-largest economy, has been slowing, and that has American investors worried.True, Chinese gross domestic product clocked a 6.4% annual gain in the final three months of 2018 - a rate most nations would envy. U.S. GDP grew at a 2.6% annual rate in the fourth quarter. Nevertheless, China's GDP grew at a 10.6% rate in 2010, according to the World Bank, and has been slowing ever since.The U.S.-China trade war has only increased anxiety about the Chinese economy. The Chinese stock market has tumbled 13.6% the past 12 months, according to MSCI - worse than the average 10.6% loss for emerging markets. American investors worry about China's growth because it's such an enormous market, and some of the largest U.S. companies have made big bets on Chinese expansion.Here are the 10 U.S. companies that derive the greatest percentage of their revenues from China. If you're optimistic about China's economic resilience and prospects for a trade deal, they could be bargains now. If you think things can only get worse, you can probably wait for a better purchase point in the future. SEE ALSO: The 25 Best Blue-Chip Stocks to Buy Now (According to Hedge Funds)