|Day's Range||0.2500 - 0.2500|
Following the news has been quite an endeavor for investors of large-capitalization publicly traded companies. Early last week, President Trump blacklisted several Chinese organizations, sending the broader indices downward. Later, a promising truce between U.S. and Chinese negotiators surprisingly emerged, boosting the markets. However, the roller-coaster ride probably has many folks thinking about lesser known small caps.But if the blue chips are risky in this unpredictable environment, why would anyone consider small-cap stocks? Although admittedly counterintuitive, the small caps may offer a better place to park your money. First and foremost, it just doesn't take much to move these names. Any positive developments, no matter how much of a reach, could swing shares massively.Of course, that goes for the opposite direction too. However, the beauty of small-cap stocks is that you don't need to invest as much money to see robust returns. This leads to another point about the tertiary players of the financial markets: you can potentially advantage their inefficiencies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLarger organizations, especially those listed on the Dow Jones Industrial Average or the S&P 500, react to all available news. Because they attract the most eyeballs, investors collectively respond in more or less the most rational manner. Think of blue chips as the "phone a friend" option within popular quiz-style TV programs.But with small caps, there's no phoning friends because you might be the only one watching. Okay, that's an exaggeration, but because small caps don't generate as much interest, you can better exploit market irrationality. * 10 Buy-and-Hold Stocks to Own Forever With that introduction, let's have a look at eight small-cap stocks to put on your radar: Freshpet (FRPT)I've said this many times before, but Americans love their pets. And I can completely understand. Honestly, I'd rather hang out with animals than with most humans. Nevertheless, domesticated animals aren't going to take care of themselves. That's the core thesis behind Freshpet (NASDAQ:FRPT) and FRPT stock.Typically, pet food, especially for dogs, is heavily processed. Essentially, it's cereal for canines. But Freshpet has put an entirely new spin on this drab industry. Featuring 100% natural farm raised poultry, beef and fish, Freshpet products are both delectable and nutritious.According to the latest data, Americans spend $72 billion on their pets. Thus, a viable market exists for Freshpet, bolstering the longer-term case for FRPT stock. Petmed Express (PETS)Source: Shutterstock Earlier, I mentioned the greater upside potential of small caps. Because small-cap stocks don't have the name recognition of blue chips, a sudden burst of positive news could skyrocket shares. However, Petmed Express (NASDAQ:PETS) represents an example of what can go wrong when the news isn't so good.Throughout this year, PETS stock has been under fire for viability concerns. That sentiment came to a head in late July when the underlying company released its fiscal first-quarter earnings report. Both per-share profitability and revenue missed analysts' consensus estimates. As a result, PETS stock dropped 12% following the negative disclosure. * 7 Big Bank Stocks on the Move It's only recently that shares have started to pick back up. Ultimately, I think this is a case where the markets are irrationally pessimistic. In 2017, Americans spent over $17 billion in veterinary care. Put differently, PETS stock has a very believable pathway to recovery. Inspire Medical Systems (INSP)We all know how important a restful night's sleep is. Without it, we're usually cranky or slothful, operating far below our potential. But for the approximately 22 million Americans who suffer from sleep apnea, restful sleep is only a pipe dream. Fortunately, we have Inspire Medical Systems (NYSE:INSP), which offers a revolutionary approach to this health dilemma.Rather than prescribe a pill that may only last temporarily, Inspire Medical Systems installs a small device into your body. It's a same-day, outpatient procedure, minimizing inconvenience to the patient. Once you're ready to sleep, you simply activate the device via a remote controller. This opens your airways, allowing you (and your partner) to finally get that satisfying rest. Naturally, this exciting and effective technology underlines the case for INSP stock.Now, with a current market cap of $1.25 billion, INSP stock reaches into mid-cap territory. However, shares have witnessed sharp volatility recently, which may bring INSP down among the small caps. Given the massive potential for Inspire, I think this is a worthy discount to consider. B&G Foods (BGS)B&G Foods (NYSE:BGS) is another name among small-cap stocks that borderlines the unofficial threshold between small-cap and mid-cap companies. However, BGS stock has been under serious pressure ever since the year began. From the January opener, shares are down nearly 38%. Needless to say, the packaged foods company doesn't inspire confidence.Much of the problem resides with the fundamentals. In its most recent quarter ending June 30, B&G Foods delivered $371 million, which was down over 4% year-over-year. While this disappointment isn't uncommon in the packaged foods industry, B&G is noticeably lagging in terms of last year's sales. Thus, investors haven't given much thought to BGS stock. * The 7 Best Penny Stocks to Buy But based on the growing unease in our economy, that could change. If we do suffer a recession, discretionary spending is out but the necessities are in. That naturally benefits BGS stock, along with other food-related small caps. Northern Oil & Gas (NOG)Source: Shutterstock This year, crude oil prices have moved in a somewhat surprisingly negative direction. Despite the Federal Reserve's dovish attitude toward monetary policy, "black gold" values have been muted since May. Obviously, that doesn't really help small caps in the oil sector like Northern Oil & Gas (NYSEAMERICAN:NOG) and NOG stock.However, geopolitical catalysts may once again drive up energy prices. Particularly, I'm worried about an increasingly tense situation in the Middle East. Reports indicate that an Iranian tanker near Saudi Arabia's coastline was hit by missiles. This action threatens to spiral two bitter rivals into a hot conflict. To deter an Iranian response, President Trump has ordered 3,000 additional troops to Saudi Arabia.Of course, no one wants an armed conflict to erupt. That said, this region has been mired in violence over the decades. Thus, as a cynical hedge, you may want to consider energy-related small caps like NOG stock. Astronics (ATRO)Speaking of armed conflicts, another market segment that benefits from geopolitical flashpoints are defense companies. Although the big names like Lockheed Martin (NYSE:LMT) or Raytheon (NYSE:RTN) get the most attention, small-cap stocks like Astronics (NASDAQ:ATRO) offer much potential.That's especially true in this environment. Obviously, with the Trump administration bulking up our military presence in Saudi Arabia, this is a boon for defense spending. But other conflicts and potential flash points exist as well, including our failed diplomacy with North Korea, along with a brewing cold war with China and Russia. While no one wishes for a situation to turn hot, the necessity for deterrence boosts ATRO stock. * 10 Buy-and-Hold Stocks to Own Forever Another factor to consider is that defense projects don't occur in a vacuum. For instance, a single manufacturer may develop a fighter jet's airframe. However, companies like Astronics specialize in the less sexier but still critical components, such as communications or electrical power systems. Thus, a win for a defense blue chip may also be a win for ATRO stock. Elastic (ESTC)One of the many highly anticipated tech-related initial public offerings to come out in the last few years, Elastic (NYSE:ESTC) has fortunately avoided the curse of hyped IPOs. That said, ESTC has flatlined technically since early spring of this year. However, this slow down also represents why Elastic is among the small caps to watch closely.Primarily, this is because Elastic promises to change digital search functions for enterprises. As such, Elastic is in some ways the corporate version of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). Today, searching isn't just about typing in text; instead, people swipe, point or talk within an app's architecture. Bringing these actions toward usable information is what makes Elastic, and by deduction, ESTC stock so compelling.Moreover, you've probably used Elastic without even knowing it. The company is behind the open source technology that drives ride-sharing outfits like Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT).Now, with a market cap of nearly $7 billion, I wouldn't normally regard ESTC as belonging to small-cap stocks. Nonetheless, I believe its relatively lesser known profile justifies its inclusion. Wallbridge Mining (WLBMF)Source: Shutterstock More belonging to the micro caps as opposed to small-cap stocks, Wallbridge Mining (OTCMKTS:WLBMF) is an extremely risky play. With shares trading at only a quarter -- and I mean that literally -- WLBMF stock is the epitome of speculative. Please don't say I didn't warn you as I warned you twice in consecutive fashion!However, I believe the current environment for gold and silver prices is the best it has been in a long time. Just in this write up, we've discussed the trade war, tensions in the Middle East and rising global adversaries. People are very much scared, and when fear rises, they typically run to gold. * 7 Hot & Trendy Generation Z Stocks to Buy Therefore, I view WLBMF stock as an anticipated play on broader emotions. When more people get wind of the precious metals opportunity, this will naturally spike up prices. And when that happens, invariably, some folks will seek out cheaper, more accessible stocks.As of this writing, Josh Enomoto is long gold and silver. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post 8 Stellar Small-Cap Stocks to Buy That Are in Major Industries appeared first on InvestorPlace.
Northern Oil and Gas, Inc. (NYSE American: NOG) today announced the appointment of Nicholas O’Grady as President, in addition to his current role as Northern’s Chief Financial Officer. “Since joining Northern in June 2018, Mr. O’Grady has been instrumental in the acquisitions and financing transactions that have positioned Northern to thrive by fortifying our balance sheet and nearly doubling our production,” commented Bahram Akradi, Chairman of the Board. Northern Oil and Gas, Inc. is an exploration and production company with a core area of focus in the Williston Basin Bakken and Three Forks play in North Dakota and Montana.
Northern Oil and Gas, Inc. (NYSEMKT:NOG) is a company with exceptional fundamental characteristics. Upon building up...
Wall Street is drifting lower again on Wednesday as President Donald Trump remains unable to juice prices higher with hopes of a U.S.-China trade deal despite his best efforts on Twitter (NYSE:TWTR). The problem with all his obvious market coddling is that China isn't playing along, with Beijing's strategy appearing to harden its position and push American share prices lower.As a result, the Dow Jones Industrial Average is testing critical support near its 200-day moving average.Despite this, there are areas of the market such as energy that are perking up. Crude oil is challenging down channel resistance that has been in play since April in what looks like a reappearance of fears over tensions with Iran. As a result, a number of extremely cheap oil and gas stocks are perking up.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Tech Industry Dividend Stocks for Growth and Income Here are four worth a look: Northern Oil and Gas (NOG)Shares of Northern Oil and Gas (NYSE:NOG) are extending above their 50-day moving average, breaking out of the downtrend channel that has been in place since late April. Watch for a run to the 200-day moving average, which would be worth a gain of nearly 20% from here. Shares are bounding off of support from the early 2018 lows near $1.50.The company has been focused on building out its portfolio of properties, expanding it at a time when prices are cheap and sentiment is low. It completed roughly 40 acquisitions since the end of March, adding approximately 6,325 net acres. Extraction Oil & Gas (XOG)Shares of Extraction (NASDAQ:XOG) look set to push up and over its 200-day moving average for the first time since the summer of 2018, ending a tight sideways consolidation that has been in place since December. Coverage was recently initiated by KeyBanc analysts with a buy rating. Wells Fargo resumed coverage in May and are looking for a $8 price target, a move that would be worth a gain of nearly 100% from here. * 10 Companies Using AI to Grow The company will next report results on Nov. 5 after the close. Analysts are looking for a loss of 10 cents per share on revenues of $236.9 million. When the company last reported on Aug. 1, earnings of 22 cents per share beat estimates by 29 cents on a 14.6% decline in revenues. CNX Resources (CNX)Shares of CNX Resources (NYSE:CNX) have pushed up and over their 50-day moving average, testing the upper end of a multi-month consolidation range in what looks like the end of a downtrend that has been in play since the summer of 2018. Watch for a run at the 200-day moving average, which would be worth a gain of roughly 40% from here.The company will next report results on Oct. 29 before the bell. Analysts are looking for a loss of two cents per share on revenues of $333.7 million. When the company last reported on July 30, earnings of six cents per share missed estimates by eight cents on a 50.5% decline in revenues. WPX Energy (WPX)WPX Energy (NYSE:WPX) shares are emerging above its 50-day moving average, ending a downtrend pattern that's been in place since late April after testing support from its late-December lows. The independent shale oil and gas producer, which is based in Oklahoma and has assets in the Permian and Williston Basins, was recently called a Top Pick by Williams Capital analysts.The company will next report results on Oct. 30 after the close. Analysts are looking for earnings of 13 cents per share on revenues of $647.1 million. When the company last reported on Aug. 5, earnings of nine cents per share beat estimates by two cents on a 61.6% rise in revenues.As of this writing, William Roth did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Industry Dividend Stocks for Growth and Income * 7 Stocks the Insiders Are Buying on Sale * 7 of the Worst Stocks on Wall Street The post 4 Ultra-Cheap Oil Stocks to Buy appeared first on InvestorPlace.
Northern Oil and Gas (NOG) delivered earnings and revenue surprises of 9.09% and 21.77%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Moody's Investors Service (Moody's) changed Northern Oil and Gas, Inc.'s (NOG) rating outlook to positive from stable. Concurrently, Moody's affirmed NOG's B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating (PDR) and Caa1 second lien senior secured notes rating. The Speculative Grade Liquidity (SGL) Rating was downgraded to SGL-3 from SGL-2.
Northern Oil and Gas (NOG) 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.
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter. One of these stocks was Northern Oil & Gas, Inc. (NYSEAMEX:NOG). Northern Oil & Gas, Inc. […]
70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference DENVER , June 25, 2019 /PRNewswire/ -- The oil and gas companies presenting ...
Investors need to pay close attention to Northern Oil and Gas (NOG) stock based on the movements in the options market lately.
NEW YORK, NY / ACCESSWIRE / May 10, 2019 / Northern Oil & Gas, Inc. (NYSE American: NOG ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 10, 2019 at 10:00 ...