|Bid||15.82 x 38800|
|Ask||15.85 x 306100|
|Day's Range||15.79 - 15.90|
|52 Week Range||13.20 - 18.35|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||8.61%|
|Beta (3Y Monthly)||-0.08|
|Expense Ratio (net)||0.50%|
KRAKÓW, Poland, Nov. 7, 2019 /PRNewswire/ -- Selvita (SLV.WA) - one of the largest preclinical contract research organizations in Europe – reported today third quarter 2019 financial results and provided a corporate update following a recent corporate split of the oncology therapeutics (Ryvu Therapeutics) and contract research (CRO) business units (Selvita). The services segment of the Company has recorded USD 5.59 million of commercial revenue in Q3 2019, which marks a 45% increase compared to Q3 2018. In the first three quarters of 2019, Selvita Group recorded USD 18.8 million of revenues, 32% increase comparing to the corresponding period in 2018.
The fate of the 'phase 1' U.S.-China trade deal remains uncertain. In such a situation, we highlight some ETF strategies to ride out the trade volatility.
Lower interest rates and negative-yielding debt around the world are among the factors contributing to investors renewed interest in precious metals and the related exchange traded funds this year. When the conversation on precious metals ETF is reborn, it usually drifts toward funds such as the SPDR Gold Shares (NYSE: GLD) and the iShares Silver Trust (NYSE: SLV) due to silver's correlations to gold. Year to date, the Aberdeen Standard Physical Palladium Shares ETF (NYSE: PALL), which is backed by physical holdings of the white metal, is higher by more than 43%.
Silver prices have fallen 9% from this year’s highs—an opportunity for investors to buy the metal that has outperformed gold so far this month.
Silver prices have fallen 9% from this year’s highs—an opportunity for investors to buy the metal that has outperformed gold so far this month. “If you are bullish on gold’s future prospects, silver is going to provide you with upside leverage with relatively low risks at these price levels,” says Peter Spina, president of silver news and analysis provider SilverSeek.com. Silver prices are catching up to gold’s rise this year, trading 14.6% higher versus gold’s 17.4% climb.
KRAKOW, Poland, Oct. 1, 2019 /PRNewswire/ -- Ryvu Therapeutics and Selvita (SLV.WA) today announced that the National Court Register of Poland ("KRS") has recognized the corporate split of the Selvita parent company into two distinct organizations. The recognition by the court follows the Sept. 19, 2019, shareholder resolution to separate oncology therapeutics and contract research (CRO) business units. Going forward, Ryvu Therapeutics and Selvita (CRO) will now operate independently with separate executive management teams as well as supervisory boards, in accordance with the shareholder resolution.
KRAKOW, Poland, Sept. 19, 2019 /PRNewswire/ -- Selvita (SLV.WA) today announced that following the Shareholder Meeting of the Company which took place today, shareholders have adopted a resolution to approve the plan to separate the Selvita oncology therapeutics and contract research business units into two independent companies. The therapeutics company, which will maintain public listing, will operate under the new name of Ryvu Therapeutics and focus on proprietary oncology drug discovery and development. Both companies will be independently listed on the Warsaw Stock Exchange following the completion of regulatory processes in the National Court Register ("KRS"), National Depository for Securities ("KDPW") and Warsaw Stock Exchange ("GPW").
Gold is rare and people love it, so its price should always go up, right? But SPDR Gold Shares (NYSEARCA:GLD) has had an extended run that should slowly start to become less intense. So today's trade is GLD stock. The argument is not that it rose too much, because it still trails the S&P 500 year-to-date. The problem is that with the steepness of its wedge, its chart is vulnerable to dips.Source: Shutterstock This is nothing personal against the shiny metal, but nothing goes up in a straight line forever -- although the recent run in GLD, iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) and iShares Silver Trust (NYSEARCA:SLV) was insane. Global investors chased those three up partly as a safe haven trade from geopolitical risk, and also because of the popular TINA acronym.Consensus is that there "there is no alternative" to buying U.S. Treasurys when global bonds yield negative rates. Not many are willing to buy investment vehicles that advertise guaranteed losses. So they buy U.S. bonds, gold and silver instead. This means GLD came along for the ride.InvestorPlace - Stock Market News, Stock Advice & Trading Tips There is Danger in Those Golden GLD Charts.There is no way I can quantify the value of gold. The stuff is in high demand and people love it. The only reason it has any value is because we say so. Furthermore, it is hard to extract and getting even rarer. Clearly the price should go up indefinitely.But the modern Wall Street is more predictable than in the past. These days machines do most of the trading, so the chart technicals have a lot of say. As bullish as gold story's is, GLD stock should correct. I am not calling for a complete collapse, but there are levels that need revisiting before any rally can proceed. * 7 Discount Retail Stocks to Buy for a Recession During the 2011 rally, experts called for gold prices to hit $2,200 per ounce. That marked the top and started a four-year correction. Furthermore, this rally merely brings gold to about the 50% retracement level of that correction. While I don't want to predict similar doom here, I expect GLD stock to revisit lower levels to build a better chart.Before you label me a perma-bear, I assure you that I prefer trading upside potential as it makes for happier and more positive attitudes. But the dip would give GLD the chance to build a better base for what ever future target it wants.A spike straight up leaves weak hands in control of GLD. So then at the sign of any trouble, the bulls become gutless and panic out of their positions. That is when trap doors open -- and the exit doors are never large enough to accommodate an orderly exit.In September, GLD stock corrected about 5% and is now is trying to shake it off. The short paid, but it is not yet clear that there is reason to stop shorting it here. If you are already short GLD, you can stay in it with proper stops. The Bottom Line on GLDFrom here, I expect GLD to head lower because it needs to retest $139 and $136 per share. This next statement will probably anger the gold bulls, but GLD stock should eventually fill the gap near $128 per share.In early June, the gold trade caught fire near $127. GLD rallied 16% from there with no retracement. Then September's dip came. There will be a fight between buyers and sellers near $140 for the control of the price action, so I expect a stall there.Next week is important for GLD. The Federal Reserve will make its decision on rates. If the Fed doesn't disappoint Wall Street then the markets will make new highs and it will be hard for gold bulls to maintain the rally. Conversely, if Fed Chairman Jerome Powell causes another equity market dip, then shorting GLD stock will be difficult.Since I can't control the headlines, I revert to charts to make decisions. The SPDR Gold Shares chart suggests that staying short here until the $140-zone fight ends is the right thing to do.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Stay Short in SPDR Gold Shares ETF appeared first on InvestorPlace.
KRAKOW, Poland, Sept. 6, 2019 /PRNewswire/ -- Selvita (SLV.WA) today announced that the first patient enrolled in the Phase 1b study of company's selective CDK8 inhibitor, SEL120, has received the first dose. SEL120 is being initially investigated in the treatment of patients with acute myeloid leukemia (AML) or high-risk myelodysplastic syndrome (HR-MDS). This open-label, dose-escalation study is being conducted at multiple sites in the U.S. and evaluates the safety, tolerability and the preliminary activity of SEL120, as well as establishing a recommended dose for further clinical development.
Hong Kong's equities and its economy have been struggling over the past few months. If you thought trade tensions between the U.S. and China were high, those were nothing compared to what Hong Kong has been dealing with. Apparently -- and fortunately -- peace in Hong Kong goes a long way in the world, with global equities catching a nice boost. U.S. stocks enjoyed a solid session in the stock market today as well.The SPDR S&P 500 ETF (NYSEARCA:SPY) rose 1.1%, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) jumped 1% and PowerShares QQQ ETF (NASDAQ:QQQ) climbed 1.4%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAre we in the clear? First, Hong KongThe Hang Seng Index rallied 3.9% on the day -- its best day since 2011 -- after leader Carrie Lam withdrew the controversial extradition bill. The introduction of the bill ignited months of protests and billions around the globe watched the situation unfold. Those protests have intensified in recent weeks, causing many to wonder how it would conclude.Now we know, and that's one less thing to worry about. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Given the uncertainty that the global economy is in, it's surprising the U.S. and China haven't hammered out a trade deal. The Hong Kong situation seems to be under control and if the trade deal would just come through, investors and business leaders would breathe a sigh of relief.It would also allow everyone to get back to business as usual. And if China and the U.S. are healthy, then almost everyone else is healthy, too. Gold and SilverOn Tuesday we detailed the likeliness of another interest rate cut from the Federal Reserve later this month. The market is fully pricing a cut from the Fed, and that can be seen in more than just forecasts.What does that mean? For one, silver and gold prices have been erupting. The iShares Silver Trust (NYSEARCA:SLV) and the SPDR Gold Shares (NYSEARCA:GLD) both hit new 52-week highs on Wednesday. SLV isn't all that far away from new multi-year highs, while gold is hitting its highest levels since 2013.While both appear overbought in the short term, there are several catalysts pushing them higher. Worries over the economy and increasing uncertainty always gets the blood going for gold bugs. But so too does central bank easing. The Fed cutting interest rates weakens the dollar. Lower rates and a weakening dollar is good for commodities like silver and gold, so it's no surprise we're seeing new highs lately. Movers in the Stock Market TodayAmerican Eagle Outfitters (NYSE:AEO) fell nearly 12% on Wednesday to new 52-week lows despite beating on earnings and revenue estimates, while Coupa (NASDAQ:COUP) rose almost 9% to new highs after crushing estimates and providing robust guidance.Lumber Liquidators (NYSE:LL) closed well off its highs of the day, but still climbed 9% after news of a go-private bid surfaced. Shares were as high as 16% on the day, but were unable to hold onto those gains. The news shouldn't be a complete surprise, as the former CEO took an equity stake in the company last month.Tyson Foods (NYSE:TSN) was once a relative strength leader in this market. However, its 7.8% fall on Wednesday took it off the go-to list for many bulls. Shares slid after the company announced a reduction to its full-year guidance. Heard on the StreetWorld Wrestling Entertainment (NYSE:WWE) was initiated with an "outperform" rating at Evercore ISI. The analyst also assigned a $90 price target to WWE, implying about 30% upside from the prior close. The analyst says the company has a path to "unprecedented growth."Roku (NASDAQ:ROKU) already has a buy-equivalent rating from DA Davidson, but the analysts took it a step further. They raised their $135 to price target to a Street-high $180. Roku is one of InvestorPlace's Top Stock Trades, and after finishing the session near $169, Davidson's rather bullish upgrade only leaves about 6% upside.Activision Blizzard (NASDAQ:ATVI) climbed 4.8% on Wednesday after analysts at BMO Capital Markets upgraded the stock to "outperform." They also gave a big boost to their price target, raising it from $43 to $60. The new target implies over 12% upside despite Wednesday's rally.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post Stock Market Today: Hong Kong Saves the Day appeared first on InvestorPlace.
Global equity markets were in a good mood on Wednesday. As tensions eased in Hong Kong, equities took flight. It leaves investors wondering if the markets can start to go higher or if the seasonally tough September will still cause some swoons. Let's look at a few top stock trades. Top Stock Trades for Tomorrow 1: RokuOne stock that hasn't felt any swoon? Roku (NASDAQ:ROKU). This name has rallied so much this year it's incredible. The stock is up almost 450% in 2019 and many are wondering when the rally will end.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat speculation likely only fuels the fire, but at some point it has to be true. * 10 Stocks to Buy for September Roku added another 8% at one point in Wednesday's session, surging to new all-time highs. The stock is now in nosebleed territory. I couldn't justify buying the name after this type of run, but that's easier to say after we've been pounding the table about Roku on InvestorPlace all year.On a pullback, ROKU may be worth a stab.Buyers stepped in at $130 last time. But when the stock is this hot, we just have to see where it ends up after it secures a high. Let's see if that comes this session, or in the next few. Top Stock Trades for Tomorrow 2: StarbucksRoku has been a relative strength machine, as has Starbucks (NASDAQ:SBUX). However, the latter was slipping in early Wednesday trading after the company's outlook disappointed investors.This one is interesting. On the plus side, investors bid up the name off its lows, which came on a near test of the 50-day moving average. On the downside, its ascending triangle pattern has failed to materialize.SBUX can still be friendly to longs, but will need to take out $97.50 on the upside. On the downside, watch the 50-day moving average and Wednesday's lows. Top Stock Trades for Tomorrow 3: LyftShares of Lyft (NASDAQ:LYFT) were all over the place on Wednesday, but in a good way. The stock opened higher on the day, but quickly took out Tuesday's low, making new 52-week lows.This was an excellent green-to-red trade, and one we were watching ahead of the open.However, LYFT then went positive on the day, giving investors an excellent two-way trade as it reversed higher. Nimble traders could short the green-to-red move and then buy the reversal.Investors who are long can use Wednesday's low as their stop and look for a rebound up toward $47.50, where it will find a notable level as well as channel resistance. Above it and a move to the 20-day moving average is possible. Top Stock Trades for Tomorrow 4: SilverThe iShares Silver Trust (NYSEARCA:SLV) ripped another 2% on Wednesday and while "ripped" may seem like an exaggerated description, consider the move over the past few weeks.Up eight of the last nine weeks, SLV has been a beast. Over $17.50 is significant, and opens the door to $18.90+. However, the ETF is quite overbought. That's not to say momentum can't continue, but it's something to consider for those looking at new positions.Those who are long may consider raising their stop losses. Top Stock Trades for Tomorrow 5: SquareDespite a bevy of upgrades, Square (NYSE:SQ) stock isn't trading all that well. The stock is now forming a series of lower highs (blue line), while support is noted at $60.Below $60 opens up the door to a decline down to $50, although buyers could step in before then too. * 7 Deeply Discounted Energy Stocks to Buy If SQ can push through downtrend resistance, the 20-day moving average is the first upside target, followed by the 200-day near $70.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell was long SBUX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 5 Top Stock Trades for Thursday: ROKU, SBUX, SLV, LYFT, SQ appeared first on InvestorPlace.
KRAKOW, Poland, Sept. 3, 2019 /PRNewswire/ -- Selvita (SLV.WA) a clinical stage company engaged in the research and development of novel cancer therapies as well as provision of drug discovery and development services, today announced that the Polish Financial Supervision Authority has approved the prospectus of Selvita CRO, a required step for the planned corporate split into two companies. One company will focus on the development of small molecule therapeutics in oncology and the other will provide contract research services.
KRAKOW , Poland , Sept. 3, 2019 /PRNewswire/ -- Selvita (WSE: SLV) today announced that Pawel Przewiezlikowski, Chief Executive Officer, will present at the following conferences in New York : Event: H.C. ...
August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.
While stock markets are in turmoil and homework is hostage to headlines, today I will discuss the opportunity inside three trend longs that could be a short. My picks today are the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), SPDR Gold Shares (NYSEARCA:GLD), and iShares Silver Trust (NYSEARCA:SLV). Markets are near all-time highs and with so many risks, there are no shortage of stocks to short. But the bottom line is that there is too much love for my three stock choices.The two biggest nations are fighting an economic war, but the problem is that they're doing it in public over tweets and state media releases. So it is not surprising to see the whipsaw action in stocks. Needless to say, that homework means little when headlines hit. Global investors are connected electronically. As a result, the reactions are instantaneous and in unison. * 7 Stocks to Buy Down 10% in the Past Week Headlines rarely change the fundamentals and I do expect this to end. Meanwhile, the TLT, GLD and SLV stocks have run too far without proper check-back to build a base. That makes them vulnerable to fast falls.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Long That Could Be a Short: iShares 20+ Year Treasury Bond ETF (TLT)Source: Shutterstock Bonds have been on an incredible rally. This is partly due to the uncertainties in the stock markets as money runs for bond cover, so they bid TLT stock higher. Because of recent central bank actions, bond yields are also in free fall. Although the yields can go lower, I think the run in TLT stock is too extended and a pullback is likely. Don't label me a "bond hater," though, because this is mostly a play on the charts.Short-term, the risk for TLT stock is a drop to $145 per share. This has been a point of interest for the last three weeks, meaning the bulls and bears like to fight over it. It should provide some support if and when TLT goes there, but it may not hold. TLT stock would still be overextended and from there it could take another leg lower.U.S. Bond bull thesis is the acronym TINA -- there is no alternative. Virtually all overseas bonds are yielding negative rates. So anyone who wants to invest in bonds without a guaranteed loss is forced to buy U.S. bonds.What is missing from the media rhetoric is that TINA also works for stocks. Year-to-date the S&P 500 is up 15%. Meanwhile, the U.S. 30-year bond yields less than 2%. So eventually this trader infatuation with the TLT on Wall Street these days will come to an abrupt end.Technically, sharp wedges elevate the odds of a drop in TLT stock. No, I am not calling for a complete crash in bonds, but a correction is likely. So if I do have gains in them, I would lock some in. Moreover, it's worth adding a few TLT shorts up here. Shorting tickers naked creates unlimited potential losses and this is too risky for this purpose.Luckily I can short TLT stock using the options with relative safety. I can either sell call spreads above or buy put spreads below out into the October contracts. The September contracts would also work, but they would make for faster losses if I am wrong. This all depends on investor time frame and activity levels. SPDR Gold Shares (GLD)Source: Shutterstock Wall Street has a love-hate relationship with gold. The GLD stock usually runs in long stretches in either direction. Back in 2011 everybody loved the shiny stuff and GLD stock broke above $180 per share. But then it all came crashing down in a big way just when gold would go above $2200 an ounce.For the past few months, investors rekindled their love affair with gold and it is starting to feel like 2011 extreme levels. The bids for GLD stock are too strong. Part of it is justifiable, since gold is a safety trade and we have geopolitical headline havoc. When investors get nervous they sell stocks and hide in bonds and gold.After peaking in 2011, GLD stock fell 40%. Extreme love for it turned to hate quickly and this could happen again. GLD rallied 19% since May and it left many open gaps behind. It is likely that there are plenty of weak hands susceptible for a panic sell trigger.If for whatever reason GLD breaks the ascending trend line, then there will be a rush for the exits and the doors won't be wide enough to accommodate every seller. When things are going well for a ticker, investors tend to forget the risks.Why now? GLD stock is now at the 50% retracement level of the fall from 2011 grace. Thanks to Fibonacci we know that those are important levels. In this case, the zone is likely to be resistance especially that now machines trade according to mathematical rules more than ever.My bearish position on it now is nothing against the metal itself. Long-term gold should go higher because it is rare and people love it. My argument here is for the fact that short-term, investors in the GLD stock are complacent much like they are in TLT. * 7 Tech Industry Dividend Stocks for Growth and Income Both these bulls are too comfortable in their long positions and that's when accidents happen. Here too I can use GLD options to sell call spreads above and or buy put spreads below for the next two months. iShares Silver Trust (SLV)More so than gold and U.S. bonds, Wall Street has gone bonkers over silver. They can't have enough of the stuff and SLV stock is as high as it has been in ages. This is also an opportunity to short a trend line that is too comfortable this steep.Usually intra-day when the U.S. dollar spikes, metals like silver and gold pay attention. Yesterday, there wasn't even a flicker in the SLV stock as the U.S. dollar rallied. Complacency like this usually brings surprises. And in this case I bet that the SLV rally will end in a bad accident although for now it's a tough trade to short.Just like the other two opportunities, shorting the SLV stock for the next two months is also a viable thesis for the right portfolio. Someone who is very long stocks might want to skip this because these days this metal acts inversely correlated to stocks. Here too, using the options markets is the safest way to accomplish this with limited risk.Of the three, I favor the TLT or GLD stocks to short. I have had difficulties in the past when trading SLV stock. I found it to be less liquid than the other two, so fills and premium forecast were more difficult. My note today is perhaps more of a note to book profits in SLV longs than a strong short.Regardless which of the three stocks I short, conviction from the ideas today is at best medium. So, I would keep a short leash on any of these trades discussed today. To short TLT, GLD, or SLV stocks right here means that I am fighting the tape, so I cannot be too stubborn with it. I consider this a trading opportunity inside of three very steep wedges.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Down 10% in the Past Week * 15 Retail Survivors to Buy for the Long Run * 7 Stocks That Wall Street Thinks Could Rise 50% Or More The post 3 Typical Safe Harbors to Short appeared first on InvestorPlace.
It was a bumpy session in the stock market today. United States equities put together a strong session on Monday and opened higher again on Tuesday. However, stocks slipped in afternoon trading, with each major U.S. index closing lower. The most concerning was the Russell 2000, which fell about 1.3%.Investors are still searching for direction, with many becoming unnerved in the fast action of the market. When you boil it down though, equities simply remain in a trading range.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNot in a channel? Precious metal.Gold and silver continue to press higher, with both metals making multi-year highs on Tuesday. Specifically, gold futures hit a six-year high, while silver prices hit their highest levels in more than two years.Given the macro environment right now, the momentum in the SPDR Gold Shares (NYSEARCA:GLD) and the iShares Silver Trust (NYSEARCA:SLV) is no surprise. Recession worries are climbing, sending investors scrambling for safe-haven assets. Further, with the Federal Reserve cutting interest rates, the dollar should be pressured. A weak dollar is good for commodities. Movers in the Stock Market TodayYesterday we reported on some rumblings about possible merger talks between Philip Morris (NYSE:PM) and Altria (NYSE:MO). On Tuesday, the former confirmed that it is indeed the case. The talks are reportedly for an all-stock deal, provided both shareholder bases support it. The tricky part may be getting regulators to approve it, though.After falling 4% on Monday, PM stock was down another 7.7% Tuesday. Altria initially jumped 8% on the news, but ended the day lower, down 4%. * 10 Companies Using AI to Grow BP (NYSE:BP) is up slightly, climbing 0.8% after selling its entire upstream and downstream business in Alaska. The company will sell the units -- as well as its interests in Prudhoe Bay and the Trans Alaska Pipeline -- to Hilcorp in a $5.6 billion deal. It's part of BP's effort to divest $10 billion worth of assets over the next two years.Snap (NYSE:SNAP) stock fell almost 4% on Tuesday, with word that Facebook (NASDAQ:FB) is building an Instagram companion app called Threads. The hope is that users will find Threads helpful in communicating among a close group of people, sharing video, texts and photos, among other things. While it's not out in the wild yet, investors fear (at least on Tuesday), that it could dent Snapchat's usage. Heard on the StreetThere were plenty of notable analyst actions on Tuesday.Analysts at SunTrust upped their price target on Chipotle Mexican Grill (NYSE:CMG). They bumped their target from $815 to $900, while maintaining a buy rating on the stock. It inspired investors to bid up CMG to new highs.Rosenblatt analysts upped their price target on Shopify (NYSE:SHOP) to a whopping $481. That's up big from the $395 target they assigned just a few months ago. The new Street-high target helped send SHOP stock to new all-time highs as well.Both hitting new highs on the day, it's no wonder SHOP and CMG both made the Top Stock Trades list.Wedbush analyst Michael Pachter has an outperform rating and a $9 price target on Zynga (NASDAQ:ZNGA). However, the analyst added the stock to his list of top picks, sending shares higher by more than 2% on Tuesday. Even after the rally, Pachter's target still implies more than 50% upside.Analysts at Craig-Hallum Capital upgraded Weight Watchers (NASDAQ:WW) to buy from hold, and the move helped kick-start a 1.9% rally in the share price as a result. The analyst also assigned a $35 price target, implying almost 20% upside from current levels.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell was long SHOP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies Using AI to Grow * The 10 Biggest Winners From Second-Quarter Earnings * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Stock Market Today: Gold, Silver Hit Multi-Year Highs appeared first on InvestorPlace.
Bullish chart patterns on a variety of precious metals suggest that this segment could be the one to watch over the final months of 2019.