|Bid||17.94 x 800|
|Ask||18.01 x 1100|
|Day's Range||17.93 - 18.11|
|52 Week Range||12.50 - 25.71|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||10.85|
|Forward Dividend & Yield||0.12 (0.65%)|
|1y Target Est||N/A|
It looks like RCI Hospitality Holdings, Inc. (NASDAQ:RICK) is about to go ex-dividend in the next 3 days. Investors...
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...
The Houston-based owner of the Bombshells Restaurants & Bars chain and clubs such as Rick's Cabaret has regained compliance with the Nasdaq Stock Market.
It's been a good year for IPO stocks.The first eight months of 2019 have seen 107 IPOs priced, down about 20% from the same period last year. However, the total proceeds raised add up to $42.5 billion, 23% higher than in the first eight months of 2018.For example, SmileDirectClub, the company that provides in-home teeth straightening at a fraction of the cost, filed its preliminary prospectus Sept. 3. It expects to raise up to $1.3 billion in its IPO selling 58.5 million shares at between $19 and $22 a share, valuing the company at a jaw-dropping $3.2 billion. InvestorPlace - Stock Market News, Stock Advice & Trading TipsGenerally, it's been a seller's market, so you would think there wouldn't be any stinkers. Think again. * 7 Stocks to Buy In a Flat Market Despite a relatively healthy IPO market that's produced an average return of 33% year-to-date through Sept. 3, almost double the S&P 500, several IPOs have wet the bed. Here are what I believe are seven of the worst IPOs in 2019. The Worst IPO Stocks: The We Company (WE)Source: Mitch Hutchinson / Shutterstock.com The first of my worst IPO stocks in 2019 is The We Company, the holding company for office co-working giant WeWork, which currently has 528 locations in 111 cities across 29 countries. Its growth since opening its first location in New York City in early 2010 is mind-boggling. That's the good news. The bad news is that WeWork may never make money. "On the key question of future profitability, it is impossible to tell if WeWork's costs will continue to be double its revenues, or if the per-unit trends justify additional investment," wrote Financial Times contributor Rett Wallace Sept. 3. "Investors relying on the prospectus may have trouble telling what gets more elevated, their consciousness or their blood pressure."WeWork has yet to price its shares, but the cynicism facing this IPO suggests it will be nearly impossible for it to come out of the gate with a positive first-day return. In addition to the fact it loses money, has a nosebleed valuation and relies heavily on CEO and founder Adam Neumann, is the presence of a three-class share structure that will make it virtually impossible for institutional investors to exert any pressure on the company should it continue to lose money for an extended period. While it's not uncommon for tech companies to have a dual-class share structure in place to ensure the founder can maintain a long-term vision, a three-class share structure takes the cake. It hasn't gone public yet and already it has to be considered one of the worst IPOs of 2019. Peloton (PTON)Source: Sundry Photography / Shutterstock.com Peloton, which filed its preliminary prospectus Aug. 28, considers itself to be a technology company that happens to sell interactive fitness machines.In addition to being a technology company, it believes itself to be a media company, an interactive software company, a product design company, a social connection company, an omni-channel retail company, an apparel company and a logistics company. That's like RCI Hospitality Holdings (NASDAQ:RICK), which operates a chain of strip clubs under the name Rick's Cabaret, calling itself a tech company, because, in addition to operating nightclubs, it also operates more than a dozen websites.In a nutshell, Peloton is a company that sells fitness bikes and treadmills between $2,245 and $4.295. Also, it streams classes for these machines for a monthly subscription of $39. In fiscal 2019, it generated $719 million in revenue from the sale of fitness products and $181 million in sales from monthly subscriptions. Including $14.7 million in other revenue, fitness product sales have gone from 84% of its total revenue in fiscal 2017, to 79% in the past year with most of the gains from its monthly subscriptions.Its gross profit margin for fitness products and the monthly subscriptions are 42.9% and 42.7% respectively. However, much like Wayfair (NYSE:W), it has to spend a boatload on marketing to attract and retain customers. As a result of these acquisition costs, Peloton lost $195.6 million before tax in 2019, almost three times what it lost in 2017. * 7 Deeply Discounted Energy Stocks to Buy Just have a look at Nautilus (NYSE:NLS) to understand the risks of investing in fitness equipment. You're far better to invest in Apple (NASDAQ:AAPL) and ride its growth in wearables. Peloton is most likely going to be a dud. Luckin Coffee (LK)Source: Keitma / Shutterstock.com Luckin Coffee (NASDAQ:LK) is China's fastest-growing coffee chain in terms of the number of stores open and cups of coffee sold. It went public May 16 at $17 a share, generating a 19.9% first-day return. Since then, LK stock has gone sideways. They say that you can often pick up an IPO stock for less than its initial pricing within 12-24 months. I have no doubt Luckin is in that category. It's been terribly over-hyped. In mid-August, Luckin reported its first earnings report as a public company. Its results were much worse than expected, sending its stock down by more than 15%.How bad were its second-quarter 2019 results?Luckin was expected to lose 43 cents per share. It lost 48 cents or $49.6 million on $132.4 million in revenue. That means it loses 37 cents for every dollar in sales. In April, Starbucks (NASDAQ:SBUX) CEO Kevin Johnson called Luckin's heavy discounting "unsustainable."Furthermore, while Luckin has only been in business for two years in China, Starbucks has been operating there for the past 20 years and has almost 4,000 stores. As Starbucks plays the long game in China, it has both the experience and financial wherewithal to wait out Luckin. Luckin's IPO is an example of how alluring China is to North American investors. Eventually, that's going to come back to haunt them. Wanda Sports Group (WSG)Source: Juan Carlos Alonso Lopez / Shutterstock.com If you're a triathlete, you've probably familiar with China-based Wanda Sports Group (NASDAQ:WSG), a global sports events, media and marketing platform that owns the Ironman triathlon brand.In late July, WSG went public at $8 a share, raising $190 million by selling 23.8 million shares of its stock. Its stock lost 35.5% on its first day of trading and it's flatlined ever since. WSG is a spinoff of Dalian Wanda Group, the privately held holding company of Chinese billionaire Wang Jianlin, who also owns a controlling interest in AMC Entertainment (NYSE:AMC). Jianlin initially thought Wanda Sports could raise more than $500 million from its IPO. Unfortunately, WSG went public below its IPO target price of $9-$11. Chinese IPOs, in general, have done poorly in 2019. As of the end of July, 11 of the 18 Chinese IPOs this year were trading below their IPO price. WSG is one of those 11. * 7 Best Tech Stocks to Buy Right Now Unlike many IPOs in 2019, Wanda Sports makes money. In 2018, it earned $61.9 million in net income from $1.3 billion in revenue. That's a net margin of just 4.8%, not much better than a grocery store chain. If you are a triathlon athlete, it's probably better to invest in yourself and not the owners of the Ironman. You'll be better for it. Greenlane Holdings (GNLN)Source: Shutterstock Greenlane Holdings (NASDAQ:GNLN) is a leading distributor of vaporization products and consumption accessories in the U.S. and Canada. Its biggest claim to fame is that it distributes Juul and Pax vape pens, two of the biggest manufacturers of vaporizers in the world. That was enough to sell 6 million shares of its stock in April at $17 a share, above the high-end of its pre-IPO pricing. As a result, its stock gained 24% in its first day of trading. However, since then, it's fallen to just under $6, prompting the threat of class-action lawsuits by lawyers across the country who believe the company made several untrue statements in its IPO prospectus. In its Q2 2019 earnings report, Greenlane reported $102.9 million in revenue and a net loss of $21.0 million. On an adjusted basis, it lost $2.6 million in the first six months of the year, a significant decline from a $3.1 million gain a year earlier. On Aug. 8, Greenlane announced that it had signed a deal with Canopy Growth (NYSE:CGC) to be the exclusive distributor of the cannabis company's Storz & Bickel vaporizers.This piece of news has done nothing for Greenlane. The reality is that Greenlane's inventories are growing three times as fast as its sales, which suggests that its ties to cannabis are dubious at best. Uber (UBER)Source: NYCStock / Shutterstock.com In one of the most highly anticipated IPOs in several years, Uber (NYSE:UBER) went public in May at $45 a share, raising $8.1 billion in the process. As I write this, it is trading around $31 a share, 32% below its IPO price. Time to buy? Not by a long shot. Likely, Uber will never make money. In May, just before its IPO, I recommended that investors wait six months before buying its stock to see how it trades. Well, almost four months have passed and nothing good has happened to suggest now is the time to buy. In its first quarter as a public company, Uber reported a GAAP loss of $5.24 billion with about $3.9 billion due to share-based compensation. On a non-GAAP basis, the ride-hailing app's adjusted earnings before interest, taxes, debt and amortization (EBIDTA) loss in Q2 2019 was $656 million, 125% higher than a year earlier. Not quite as bad as $5.24 billion, but still a massive loss for a single quarter. That's especially true when you consider that Uber can do very little to ward off the competition."If I look down at my phone I've literally got six ride-hailing apps on there, and five bike-sharing apps, and drivers are the same -- they'll just go with whoever is busy or wherever they can get the peak pricing," said Aaron Shields, executive strategy director at FITCH, a retail brand consultancy. "The competitors on the market are taking advantage of switching costs -- they're dividing up a market and making it more saturated." * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Every time Uber and the rest of the ride-hailing apps does something to reduce costs, growth slows, which makes its business model a big loser. Levi Strauss (LEVI)Source: Davdeka / Shutterstock.com As of Sept. 3, Levi Strauss' (NYSE:LEVI) shares had lost 0.2% from its IPO price of $17. What makes this so egregious is that LEVI stock gained 32% in its first day of trading, which means it's lost $228 million of its market cap in the last five months. In March, before its IPO, I gave InvestorPlace readers seven reasons why they should steer clear of Levi's stock. It appears that I was right. One of my biggest concerns was the amount of debt it carried on its books. "Assuming Levi's goes out at a valuation of $5.78 billion, the company's long-term debt of $1.1 billion will be 19% of its market cap," I wrote on March 21. "That's not a massive amount by any means considering it's got more than $700 million on its balance sheet, but I can't help but wonder why it hasn't paid down its debt over the past four years."The other big concern I had about LEVI was its lack of significant growth in Asia. In the first six months of 2019, Levi's had Asian revenues of $474.4 million, 7.1% higher than a year earlier. That accounts for just 17% of its global revenue. Now, I get that it's an iconic U.S. brand, but there are plenty of American brands growing faster in Asia. I believe that the Haas family picked an ideal time to go public for a company whose best days may or may not be ahead of it. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post 7 of the Worst IPO Stocks in 2019 appeared first on InvestorPlace.
Investing in stocks comes with the risk that the share price will fall. Unfortunately, shareholders of RCI Hospitality...
One of the biggest contributing factors for Donald Trump's electoral victory in 2016 was fear. Like a marketing expert, the then-real estate mogul tapped into underlying industrial blue-collar concerns about job displacement; hence, we heard topics such as coal that haven't been raised in quite some time. But the overriding reality is that nominally, nothing beats the service sector. Logically, then, you should consider adding services stocks to your portfolio.If you look at the numbers, it's not a foreign "other" that's creating a paradigm shift in the blue-collar workspace. Instead, the advent of technologies such as the internet, digitalization, and e-commerce have sparked massive opportunities in the service sector. According to the U.S. Census Bureau, this entire segment generated $15.5 trillion at the end of 2017. That alone is enough reason to justify pushing services stocks to buy.It's also quite telling that a majority of the sub-segments within the service industry are primarily white-collar occupations. Categories like information, finance and insurance, and even arts, entertainment, and recreation produced relatively strong single-digit revenue growth. On the other hand, areas such as utilities, and transportation and warehousing, suffered conspicuous declines.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnsurprisingly, economic components like the latter two categories are most at risk for automation. Of course, that represents a significant concern for the labor market. However, as an investor toward services stocks, automation can be a wonderful tool to maintain relevancy. * 7 Dependable Dividend Stocks to Buy Automation or not, the best part about the service sector is its broad reach. Unlike other lists of stocks to buy, you will almost surely find something to like.With that, here are seven services stocks to order up for the rest of the year. Ventas (VTR)Anytime you're pondering the best stocks to buy, you go where the demand is. In the case of healthcare real-estate investment trust Ventas (NYSE:VTR), no matter how advanced technology becomes, it can never replace the human element involved in senior-living provisions. Although this segment has been quite choppy in recent years, VTR stock shows significant fundamental promise.For one thing, we're on the cusp of a dramatic demographic shift. Following the end of World War II, people got, well, busy. That resulted in an unprecedented surge in population size. And because of this dynamic, we're seeing 10,000 Americans turn 65 years old daily. In a few more years, these individuals may consider senior-assisted living, which bolsters the case for VTR stock.Moreover, Ventas may organically benefit from political tailwinds. Developments within the Medicare Advantage program suggest that seniors will have greater access to federal funds for senior-care residential expenses. This implies a greater willingness to use senior services, which obviously assists VTR stock. Service Corporation (SCI)I love stocks that focus on the retirement sector. That said, no matter how much we take care of our seniors, they will eventually die. Given this inevitability, we have two choices: we can pretend that death won't affect us, or we can proactively strategize for it. Either way, you're going to die too. And this is the brutal investment thesis behind Service Corporation (NYSE:SCI) and SCI stock.Before we dive in, I must admit that I don't like buying into shares on a hot streak. Year-to-date, SCI stock is up nearly 19%, thus explaining my hesitancy. Moreover, SCI has exceeded its prior all-time high during the late 1990s. Plus, there are some rumblings about competition threatening the top players. With all that said, I'm long-term bullish. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond As I mentioned earlier, it's a simple and brutal proposition. A recession - if it occurs - won't stop people from dying. Indeed, it might accelerate deaths nationwide. Cynically, this benefits SCI stock. Furthermore, we have a wave of humanity from the baby boom that will say their last goodbyes. I think there's more than enough "demand" to satisfy market players. H&R Block (HRB)We've all heard this adage: nothing is certain but death and taxes. In most cases in which this statement is uttered, it's a reflection of life's cruel inevitabilities. But for someone looking for viable services stocks to buy, it's a brilliant (and free) piece of advice. If you're squeamish about death care, you should try your hand at tax care with H&R Block (NYSE:HRB) and HRB stock.As my friend and InvestorPlace colleague Will Ashworth wrote, I see potential with HRB stock. Sure, it's a tough road. H&R Block doesn't have the greatest financials. And to Ashworth's countering arguments, the company faces competitive threats from fintech innovations. But with the massive shift toward the "gig economy," the demand for HRB's services will only rise.Plus, I have a quick word about fintech innovations. I'm a smart guy, but there are two things that drive me insane: deciphering healthcare policies and taxes. Last year, the tax code changed and it was a nightmare to finish my obligatory payments to Uncle Sam. That's a sentiment shared by many others. The point is, interacting with an app or program is the last thing I want to do on April 15.In other words, get me a human. Get me HRB stock. RCI Hospitality (RICK)When you invest, you really should adopt an agnostic viewpoint: you want to focus on the numbers and the broader fundamentals. With that in mind, when one of the best services stocks to buy is RCI Hospitality (NASDAQ:RICK).How do I describe the underlying business of RICK stock without triggering unwanted attention? Let's just say that RCI specializes in upscale rhythmic-gyration establishments. These are services that you've never advantaged, but you know many friends that do.All joking aside, the pulsating action that occurs here is serious stuff. You know what they say about the "intimacy" industry being recession-proof? Nothing is truly recession proof, of course, but this particular service performed remarkably well in the last major downturn. With questions sprouting about the current economy, this is a good reason to buy RICK stock. * 10 Stocks to Sell for an Economic Slowdown The other is that shares are on deep discount. On a YTD basis, RICK stock has lost nearly 19%. However, I don't see this lasting because of this sector's obvious demand base. Match Group (MTCH)When used correctly and safely, online dating is a wonderful experience for many reasons. Primarily, it's the culmination of the marriage between technology and tradition. After all, a successful outcome typically leads to expanded families and more humans on the earth.Secondly, online dating gives dorks like me a chance to do the latter. I have a special place in my heart for Match Group (NASDAQ:MTCH). But does that mean you should buy MTCH stock?The short answer is yes. Not because of my inability to engage with the opposite sex, but because millions of Americans apparently feel the same. According to the Pew Research Center, attitudes overall toward online dating has shifted positively. Naturally, this is especially true for the young demographic. Because millennials dominate the workforce, this is a key reason supporting MTCH stock.Another factor bolstering Match's inclusion among services stocks to buy is rising participation. Approximately 50 million Americans have tried online dating, and most of them are looking for relationships. It's safe to say that MTCH stock will remain relevant for a very long time. Uber (UBER)Source: Shutterstock Without hesitation, I would place Uber Technologies (NYSE:UBER) on any list of services stocks to buy. Because of the rise in technology and automation, we're at a unique time in human development. Companies are just now executing tech platforms that genuinely help the average person, rather than innovating for innovation's sake. Due to this one simple fact, I'm long-term bullish on UBER stock.By now, you've all heard of Uber and most likely use it on a frequent basis. But I didn't really understand the power of this innovation until I recently traveled to eastern Europe. Getting around in the former Soviet bloc is at times a tricky affair, especially if you're not a local. But with Uber, all critical operation occurred inside an intuitive app: I just needed to show up.And how could I trust this ride-sharing app in an unfamiliar part of the world? Simple: with Uber, you witness the free market working in real time. If an Uber driver wanted to deliberately harm me, guess what? That person is out of a job that they probably need. It's this ability to open up new doors is one of many reasons why I'm confident in UBER stock. MedMen Enterprises (MMNFF)Source: Shutterstock Decades from now, we'll look back and recognize green investments as one of the transformative services stocks to buy. No, I'm not talking about the environment, although that's important too. Rather, I'm talking about marijuana, which now that I think about it is part of the environment. So perhaps the cannabis industry is a win-win for everyone!Admittedly, that statement is a stretch. But I'm not joking about cannabis stocks to buy. Although they're going through a rough patch right now, I'm sure they'll recover. In the meantime, you can pick up great companies on discount. And if you're a true speculator, you should consider MedMen Enterprises (OTCMKTS:MMNFF) and MMNFF stock.Why MedMen? With recreational legalization trends gaining electoral steam, MedMen raced to the top tier among marijuana dispensaries. They specialize in a wide range of premium cannabis products from "botanicals" to edibles. And the emphasis on quality is what separates MMNFF stock from the run-of-the-mill dispensary.During the dark days, merely having access to weed was a plus. Now, with federal legalization probably on the horizon at some point, just having weed isn't enough; instead, you must have the good stuff. With MedMen establishing a premium brand in marijuana's nascent stage, I expect MMNFF stock to steadily move higher.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best Stocks for 2019: A Volatile First Half * 7 Simple Ways for Young Investors to Invest Their First $1,000 * 6 Stocks to Buy Based on Insider Buying The post 7 Services Stocks to Buy for the Rest of 2019 appeared first on InvestorPlace.
It's a rare bit of good geopolitical news for the embattled Donald Trump administration. After threatening to impose tariffs on goods from Mexico due to the migration crisis, the White House announced a deal. In return for our southern neighbor taking more responsibility in curbing illegal immigration, the U.S. will cease economically punitive threats. Still, I wouldn't stop seeking protective stocks to buy.As The Wall Street Journal stated, Mexico has only temporarily avoided tariffs. Under the terms of the agreement, the U.S. will review Mexico's effectiveness in stemming the flow of Central American migrants. Technically in 90 days, the U.S. reserves the right to slap tariffs on if it feels the performance is inadequate.Plus, we all know how volatile and unpredictable President Trump is. It was just a few months back that political analysts voiced optimism for a U.S.-China trade deal. Now that situation quickly devolved from bad to worse, causing people to scramble for the best stocks to buy against a likely downturn.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis segues into the ongoing trade war with the world's second-biggest economy. Trump is scheduled to meet his counterpart in the battle, Chinese President Xi Jinping, at the G-20 summit. Any hopes for a rapprochement was tempered when Trump declared that he would be "perfectly happy" to hit China with fresh tariffs.If these tensions weren't bad enough, our economy has other headwinds to consider. Recently, the dollar has weakened relative to other currencies. The yield curve inverted, which in the past signaled a recession. And of course, we have our own contentious political environment. * 7 S&P 500 Dividend Stocks to Buy That Yield 4% or More At the very least, we're facing choppy waters. But if the worst-case scenario of a recession occurs, here are the best stocks to buy: Stocks to Buy: Kimberly Clark (KMB)Source: Shutterstock For most Americans, a recession necessitates budgeting down to the essentials. While data suggests that consumers won't abandon all discretionary purchases such as cheap entertainment, the secular segment is where you want to aim. With that context, one of your best stocks to buy for a coming downturn is Kimberly Clark (NYSE:KMB).You may not immediately recognize the Kimberly Clark name, but you've certainly used their products. We're talking about brands like Kleenex, Huggies, and Cottonelle. No matter how volatile the markets get, or if the trade war takes an unexpectedly negative turn, you're still going to wipe yourself after you use the facilities. At least I hope you do, and that's what drives KMB stock.The other great point about the company is that its fundamentals match our assumptions. In other words, KMB stock levers recession-proof products, and the financials prove it. For instance, net income slipped in 2008, but the metric moved positively the following year.This just shows that when a recession strikes, the best stocks to buy are often the most obvious. Duke Energy (DUK)Source: Shutterstock I've been involved in a few blackout incidents. Certainly, they're not the biggest problems you encounter in life. At the same time, few inconveniences make you feel so useless and inadequate, especially in this digital age. That's why if we suffer a recession, you should peg Duke Energy (NYSE:DUK) among your list of stocks to buy.The case for DUK stock is very straightforward: we all need energy to power our digitally connected lives. Even the most rural communities cannot afford to be cut off from vital energy sources. Sure, in a downturn, most folks skimp on purchases. But they absolutely cannot skimp on their utility bills. Doing so would be catastrophic in their journey to get back on their feet. * 7 Dark Horse Stocks Winning the Race in 2019 Similar to Kimberly Clark, DUK stock has the fundamental data to prove it belongs among the best stocks to buy for a coming recession. Back in 2008 through 2010, net income slipped badly against 2007's annual tally. However, in 2011, Duke decisively hit the recovery track, significantly exceeding 2007 figures. RCI Hospitality (RICK)Source: Edkohler via FlickrIf you want to pick out the best stocks to buy against a possible recession, you should keep it simple. That means going with names that have a proven track record, even when times are tough. With that context, I can't think of many better names than RCI Hospitality (NASDAQ:RICK).I get it: RICK stock generates controversy for its underlying hospitality business. But the stark reality is that the intimacy industry is at least recession-resilient, if not outright recession-proof. During the 2008 market crisis -- the worst such calamity since the October 1929 crash -- The New York Times reported on the phenomenon of $1,000 lap dances.Another factor that makes RICK stock an interesting idea is that shares haven't done so well this year. In fact, they're down more than 19% since January's opening price. Right now, the volatility is keeping conservative investors away. However, if a recession hits, RCI can easily make a case for its spot among the best stocks to buy. Anheuser Busch Inbev (BUD)Source: Paul Sableman via FlickrA common entry among vice stocks to buy, Anheuser Busch (NYSE:BUD) owns several popular beer brands. These include Michelob Ultra, Budweiser and, of course, Bud Light.The latter is highly regarded for its usually hilarious commercials and not much else. I've said it before and I'll say it again: Bud Light is an abomination.But two interesting points make BUD stock an appealing proposition. In a recent beer survey, Bud Light ranked as America's favorite beer. Consumers apparently called it "drinkable and refreshing," two words I would never use to describe Bud Light. But setting that aside, Anheuser Busch-branded beers represented the majority of America's top 10. * 7 Stocks to Buy As They Hit 52-Week Lows My second point is that BUD stock could weather a recessionary storm better than most. Some scientific studies suggest that contrary to popular belief, troubled economic times could correlate with heavier drinking. If so, I'd keep a close eye on Anheuser Busch. AMC Entertainment (AMC)I have to admit that when AMC Entertainment (NYSE:AMC) reported its disappointing first-quarter earnings report, it hit me hard. In fact, it was a double-whammy. Not only did I buy into AMC stock, but I suggested that contrarian investors do the same. Boy, do I have egg on my face for this one.And what exactly was my reasoning for getting involved with this loser? I believed that despite streaming services taking over the entertainment landscape, a viable place existed for the box office. Sure, streaming offers conveniences, but the cineplex provides a social experience that's still relevant to all demographics.Unfortunately, the timing just didn't work out for AMC stock.However, I'm not hitting the panic button despite the sharp losses. Here's why: back in the Great Recession, high-profile entertainment options such as professional sports experienced a noticeable decline in attendance. During the same period, consumers flocked to the movie theaters.In a recession, people want cheap entertainment to forget their troubles. That's what AMC provides, which is why I think it's one of the best stocks to buy if troubles hit. Waste Management (WM)Source: Shutterstock Author and financial guru Robert Kiyosaki once said that "cash is trash." Waste disposal and solutions expert Waste Management (NYSE:WM) may want to adopt a similar statement as their marketing pitch: trash is cash.However, buying WM stock may seem counterintuitive if you're anticipating an economic correction. After all, people tend to buy less stuff during a recession. Moreover, cash-strapped folks tend to fix products that don't work or buy cheap hand-me-downs. Whatever the specifics, the result is fewer opportunities for Waste Management to advantage.But it's also fair to point out that WM stock is a secular investment. Even if the volume of trash decreases in a potential recession, it doesn't disappear altogether. The garbage truck will still come and perform their weekly ritual. * 10 Stocks to Buy That Could Be Takeover Targets More importantly, Waste Management recently acquired a rival in the space, Advanced Disposal, for $3 billion. With a major competitor out of the picture, WM utterly dominates the secular trash-disposal industry. This makes the equity a counterintuitive but viable candidate among stocks to buy for an economic slowdown. Barrick Gold (GOLD)Source: Jeremy Vohwinkle via Flickr (Modified)While we're on the topic of cash being trash, let's talk about gold. The yellow metal is perhaps the only thing we all agree with President Trump on: gold is good. Having more gold is better. I'll let you complete the logical sequence.The spot price for the monetary commodity spiked in late May, to no real surprise. The only shocking thing is that it took so long. We're mired in a deeply contentious political environment, both here and abroad. Furthermore, the dollar has weakened against a basket of international currencies, setting the stage for a stunning recovery.But if you don't want to own physical bullion, consider Barrick Gold (NYSE:GOLD) stock.Barrick Gold consistently ranks at the top among commodity producers. Therefore, if you're going to take a shot in this always-risky segment, you should go with the best.Second, because Barrick is the leading producer, the GOLD stock price will likely have a strong correlation with the metal's spot price. In past years, that correlation was a liability. But with conditions ripe for a turnaround, Barrick stands to benefit substantially.As of this writing, Josh Enomoto is long AMC stock and gold bullion. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 Stocks to Buy for the Coming Recession appeared first on InvestorPlace.
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RCI Hospitality (RICK) 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.
In 1999 Eric Langan was appointed CEO of RCI Hospitality Holdings, Inc. (NASDAQ:RICK). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the...
We're almost a month into the spring season, which is a great time to consider your favorite stocks to buy. If anything, the markets, as a product of human ingenuity, represents the collective, overriding sentiment. In other words, if people feel good about themselves and their prospects, the major indices will reflect this.However, this year's spring brings conflicting messages. On the pessimistic end of the scale, the U.S.-China trade war has extended much further than most political pundits anticipated. That includes President Donald Trump, who often boasts about his negotiating acumen. He really needs to seal the deal here in order to mitigate damage against affected sectors.But on the other end, The U.S. still has the greatest economy in the world. Plus, our labor market is incredibly robust, with unemployment still reading at multi-decade lows. Thus, even though consumer confidence sometimes wavers, investors have justification to buy into stocks on the rise.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks That Can Outperform for Years Ultimately, even the trade war will almost certainly find a productive resolution. After all, securing a happy medium for the number one and two economies in the world is a net positive. With that, here are seven stocks to buy this spring season: Spring Stocks to Buy: Amazon (AMZN)Source: Shutterstock E-commerce giant Amazon (NASDAQ:AMZN) is always a good choice among popular stocks to buy. For one thing, its core industry continues to gain relevancy. While America's shopping centers cope with a changing retail landscape, it's Amazon that has imposed that change. They're in the driver's seat, which by itself is a great reason to own AMZN stock.Usually, though, investors should stay away from tired arguments. The beauty about Amazon is that it's also one of the stocks on the rise this year. Unlike other organizations that may be tempted to rest on their laurels, Amazon finds new ways to disrupt businesses. This chip on their shoulder has driven AMZN stock past a $1 trillion market capitalization previously.I see shares getting there to stay, and then some. Obviously, the company dominates e-commerce, and they're making noise on the logistics end. They're an established powerhouse in cloud-computing services and content streaming. Recently, they dove into video games. AMZN is an unstoppable freight train, making it one of the best stocks to buy for any season, or reason. Brookfield Asset Management (BAM)Source: Governor Earl Ray Tomblin via FlickrPerusing the internet for investment-related articles, I noticed that not too many analysts focus on real estate as a viable arena when seeking stocks to buy. That might be a mistake, considering the incredible performance of Brookfield Asset Management (NYSE:BAM) shares. Year-to-date, BAM stock is up over 25%.But despite this technical surge, I can understand many investors' hesitancy. In the domestic market, real estate prices have ballooned to absurd levels. According to Rentcafe.com, the average rent for an apartment is $2,371. That's already bad enough. However, we're talking about an average size of 786 square feet! * 7 Mid-Cap Stocks to Find the Market's Sweet Spot This just doesn't seem sustainable. However, we also must remember that the mortgage industry no longer lends money to subprime borrowers. Thus, as crazy as prices are right now, we may not see a sharp correction. If so, you can expect BAM stock to continue riding its momentum. Hilton Hotels (HLT)Source: eGuide Travel via FlickrAmong this season's stocks to buy, Hilton Hotels (NYSE:HLT) has some pros and cons. Starting with the bad news first, international headwinds, such as the U.S.-China trade war, doesn't do HLT stock many favors. Over the years, Chinese tourists have flexed their muscles, and Hilton obviously wants a piece of that pie.On the other hand, HLT is certainly among the best-performing stocks on the rise. On a YTD basis, shares are up over 25%. In this month alone, HLT stock gained nearly 6%.While the famous hotelier may experience a corrective action in the markets, longer-term factors appear net positive. For instance, the dollar is still relatively strong compared to international currencies. Therefore, this incentivizes American tourists to travel to foreign countries and splurge.Another tailwind is Hilton's premium brand. Allegedly, the Trump tax cuts gave wealthy people more money. That might explain HLT and its status among stocks on the rise. AMC Entertainment (AMC)Source: Shutterstock Out of the stocks to buy mentioned on this list, I have a vested interest in AMC Entertainment (NYSE:AMC). That's because I own AMC stock, and I know many people who hold various roles at the cineplex operator. Plus, I'm a Premiere Stubs member, which entitles me to a free popcorn during my birth month.But as much as I'm bullish on AMC stock, I admit that the past several months were rough. Shares initially took off in late summer last year but crumbled under broader market pressures. Nevertheless, AMC is one of the stocks on the rise in 2019, gaining over 30% since the January opener. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? So why am I optimistic despite this volatility? It really comes down to the value proposition. While streaming has taken over the entertainment landscape, the box office offers an unparalleled consumer experience. Plus, taking your family out to the movies is a much cheaper form of escapism than going to a ballgame. RCI Hospitality (RICK)Source: Edkohler via FlickrAccording to population data, the most common birthday in the U.S. is Sept. 16. Through reverse-engineering, we can logically surmise that Americans get it on most frequently during the winter months. Maybe that helps explain why RCI Hospitality (NASDAQ:RICK) crashed last winter?Jokes aside, despite the severe volatility, I think RICK stock presents a great opportunity. For starters, RCI Hospitality is one of the recent stocks on the rise. Since the close of March 22, shares are up over 8%. Moreover, sex never goes out of style.This is an important point if this market upturn turns out to be a head-fake. During the last recession, so-called "gentlemen's clubs" performed very well. While it's not among the feel-good stocks to buy, RICK stock provides a quick and dirty boost to your portfolio. Sturm Ruger & Company (RGR)Source: Stephen Z via FlickrDue to mass shootings and fierce political opposition, firearms manufacturer Sturm Ruger & Company (NYSE:RGR) has fallen out of favor. However, an unbelievable occurrence in painfully liberal California may give RGR stock new life.For nearly two decades, California imposed a restriction on magazines that carry more than 10 rounds. That draconian -- liberals would say sensible -- measure was overturned by a federal judge before being legally challenged. However, this created a one-week period where Californians could rush to their local gun shops to stock up on magazines holding more than 10 rounds.The San Francisco Chronicle anguished that firearms retailers may have sold hundreds of thousands of these magazines. Not that I would know, but many southern California gun stores completely ran out of inventory before the deadline passed. * 7 AI Stocks to Watch with Strong Long-Term Narratives But how will this impact RGR stock? Simply put, Ruger makes AR-15 rifles that accept a variety of magazine sizes. Some people will find these rifles more fun to shoot with 30-plus rounds at their disposal, breathing new life to the platform. Manchester United (MANU)Source: Paul via Flickr (Modified)You don't find too many analysts incorporating Manchester United (NYSE:MANU) into their list of stocks to buy for a reason: unlike their underlying English soccer (or "football" for you snobs) team, MANU stock stinks. Over the last five years, shares moved up a very pedestrian 12%.So why even consider MANU stock for this spring season? This has all the appearance of a stock that makes you think this time it's different, only to disappoint yet again. Plus, sports-related investments don't have the greatest reputation. Sure, World Wresting Entertainment (NYSE:WWE) is making a killing, but how long did it basically drift sideways before that?Back to the original question: the answer is China. Out of all European soccer teams, Manchester United has the greatest following in China, totaling 107 million followers. For perspective, the U.K. has a population size of 66 million.However, Manchester United has jealous competitors. In response, management is developing "entertainment experiences" in China to further cement their popularity. It's not a guarantee that MANU stock will move higher. But if it's gonna happen, it just might happen this year.As of this writing, Josh Enomoto WAs long AMC stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 7 Stocks to Buy for Spring Season Growth appeared first on InvestorPlace.
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Financial & energy sectors have yielded a staggering return of around 20% over the past 11 spring seasons, while the S&P 500 managed average gain of around 5%.