|Bid||81.64 x 1000|
|Ask||81.67 x 800|
|Day's Range||81.55 - 82.48|
|52 Week Range||44.61 - 83.70|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||33.25|
|Earnings Date||Nov 18, 2019 - Nov 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||86.71|
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
DALLAS , Oct. 10, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company , announced a 24-acre expansion to its Montreal location in Quebec, Canada . "We are ...
Apple, Costco, Teradyne and Copart broke out last month. They pulled back amid the volatile stock market, but held up well and have reclaimed buy points.
Superior fundamentals and technical action, and buying at the right time, are all part of a shrewd investing formula. Check out Apple, Lululemon Athletica, TransDigm, Copart and Burlington Stores.
Presidential candidate Bernie Sanders is going after CEOs with huge pay relative to their company’s regular workers.
Investors get nervous going into the fall — for good reason — as big swings are common. But some S&P; 500 stocks reliably put up market-beating gains in the final season of the year.
A key component of swing trading is avoiding holding through periods of no progress. Copart stock provides a recent example.
It sounds and seems impossible, but we're within sight of the end of 2019, and the beginning of 2020. The new year is only fifteen weeks away, which isn't too soon to start thinking about restructuring stock portfolios.The economy is still in reasonably good shape, which bodes well for stocks. It would be naive to believe the coming year, however, is going to look like a year that's about to wind down. As market conditions change and the economic growth cycle matures, different areas thrive, while others struggle.Geography can matter too.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Companies Making Their CEOs Rich With that as the backdrop, here's a rundown of ten stocks to watch as 2019 comes to a close and 2020 gears up. Now may not be the ideal time to step into them, but now's when they should be added to watchlists for due diligence purposes. Notice that not all of them are high-profile names, but they're each positioned nicely for growth … more so than most of their peers. Alphabet (GOOG, GOOGL)Source: achinthamb / Shutterstock.com It's not a name that needs much in the way of an introduction. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is, of course, the parent to search engine giant Google, though the company is so much more than a search engine. Email, cloud-based platforms galore and the world's most popular mobile device operating system all funnel people into the Google ecosystem.Yes, that sheer size has become something of a liability. The world is distrustful of one company knowing so much about each and every person who connects to the web to use a Google-provided service. Even without a clear end-goal, state and federal regulators seem to be on a mission to declaw the company's reach.It just doesn't matter. Even a better-contained Google will still serve billions of regular users, each of which ultimately represents revenue. Ulta Beauty (ULTA)Source: Jonathan Weiss / Shutterstock.com It's a misnomer to say Amazon (NASDAQ:AMZN) has put every single small brick-and-mortar retailer on its heels. Ulta Beauty (NASDAQ:ULTA), which sells skincare and hair care products as well as perfume and cosmetics via more than a thousand stores in the U.S. is doing just fine.Granted, that wasn't the case a week ago, when the stock was standing in the shadow of its own 30%+ selloff that materialized in a matter of days. Quarterly revenue as well as earnings fell short of expectations, and that news was made worse to contracted full-year guidance. * 7 Consumer Stocks to Buy in an Uncertain Market As Luke Lango noted at the time though, "any and all slowdowns in the U.S. personal care industry over the past two decades have been small and short-lived. During that stretch, personal care sales have risen at a fairly steady 4% compounded annual growth rate, and there have never been back-to-back years of declines." Walmart (WMT)Source: Sundry Photography / Shutterstock.com It's another name that doesn't need any description -- add Walmart (NYSE:WMT) to your list of stocks to watch for the coming year.There was a time not too long ago when the world's biggest retailer didn't necessarily deserve such acknowledgement. Its web presence was a joke (given its size), inventory management was poor and the organization almost demonstrated a kind of contempt for its customers.The company has managed to make a near-180-degree turnaround from those dark days though. Last quarter's same-store sales improved 2.8%, while e-commerce grew an incredible 37% year-over-year. Both extended long streaks of comparable quarterly growth.The additional reason WMT stock ranks among the best stocks to watch for 2020: Even if we should slip into a recession, the nature of Walmart's business keeps it pretty well shielded. American Tower (AMT)Source: Pavel Kapysh / Shutterstock.com American Tower (NYSE:AMT) isn't exactly a household name, although it's likely someone that lives in your household who consistently relies on the company's service. American Tower owns a network of 171,000 cell phone towers all over the world, leasing access to them to wireless telecom service providers like Verizon Communications (NYSE:VZ) and T-Mobile (NASDAQ:TMUS).Clearly the need for this infrastructure is never going to go away. In fact, we're entering a period where demand for mobile device connectivity towers could explode. * 8 Dividend Stocks to Buy for a Recession The advent of 5G connections is that driving force. With it, wireless internet speeds are rivaling more traditional coaxial and DSL (phone line broadband) speeds, opening the door to a whole new data-centric paradigm. American Tower believes the amount of data transmitted via mobile devices will quadruple by 2023, and is preparing now to help wireless service providers meet the need. Copart (CPRT)Source: Shutterstock Copart (NASDAQ:CPRT) is another name that may not be terribly familiar to most investors, but is one of the top stocks to watch as we move into what will likely turn out to be the latter stages of an economic growth cycle.Copart, in simplest terms, is an automobile salvage yard. It sells wrecked vehicles -- some more wrecked than others -- to repair shops that need a lot of parts for a particular model of vehicle, or it sells these damaged vehicles to individuals looking for a fixer-upper project.It's a resilient business, with the company able to drive reasonably steady sales and earnings growth regardless of the auto market environment. Neither the 2008 lull nor the move into the 2015 frenzy that became known as "peak auto" appears to have made much of an impact on the company's slow march forward.In other words, CPRT stock is a nice all-weather play. Square (SQ)Source: Jonathan Weiss / Shutterstock.com Paypal Holdings (NASDAQ:PYPL) may have become the dominant name in the business first, but Square (NYSE:SQ) is coming on strong now. In June, Instinet analysts Dan Dolev and Conan Leon believe, Square's so-called Cash App was downloaded more than PayPal's comparable app.It's only anecdotal evidence that suggests Paypal's best days are behind it while Square's best days are ahead. Nevertheless, it's a powerful, telling data nugget that points to a bigger trend. * 10 Defense Stocks to Buy During Rising Geopolitical Tensions Raw numbers tell the rest of the story. As the idea of a cashless society continues to gain acceptance, analysts are looking for Square to grow its top line by 43% this year, driving a 64% increase in per-share profits. Next year's 34% revenue growth is forecasted to improve net income to the tune of 44%. That's apt to happen regardless of the condition of the economy at the time. EXACT Sciences (EXAS)Source: Shutterstock Speaking of companies that shouldn't be impacted by economic turbulence, add EXACT Sciences (NASDAQ:EXAS) to your list of stocks to watch for 2020.You may know the company better than you think you know it, if the name doesn't ring a bell. EXACT Sciences is the developer of the at-home colorectal cancer screening test called Cologuard, which was well-touted through the use of television advertising after its 2014 approval. That's not all the company does, but it's certainly the current claim to fame.That being said, the organization's pipeline and diagnostic know-how is about to expand in a big way. In July, EXACT Sciences announced its intent to acquire Genomic Health (NASDAQ:GHDX), which will dovetail nicely into the DNA-based diagnostics work the company was already doing. Waste Management (WM)Source: Shutterstock As the old adage goes, there's nothing certain in life but death and taxes. The statement isn't entirely accurate though. In addition to death and taxes, as long as humans walk the face of the earth, they'll be producing garbage and paying someone to haul it away for them.Enter Waste Management (NYSE:WM) … a long-established landfill and garbage truck operator that has also embraced the more modern concept of turning trash into treasure. That is to say, Waste Management has gotten serious about converting landfill gas into energy, annually collecting enough methane to produce 4.5 million megawatt-hours worth of electricity. * 7 Consumer Stocks to Buy in an Uncertain Market Perhaps more important, the company has the "steady-Eddie" results to make it a solid buy for an unclear future. Through the top line ebbs and flows, it always recovers bigger and better than ever. Microsoft (MSFT)Source: gguy / Shutterstock.com There was a time in the increasingly distant past when Microsoft (NASDAQ:MSFT) wasn't fully prepared for the modern era of computing. Cloud-based everything is the new norm, and the advent of mobile/wireless connectivity has opened the door to a whole new kind of cybersecurity need. Indeed, the internet is now the centerpiece of how most businesses operate.CEO Satya Nadella had his finger on the pulse of the future when he took the helm in 2014, ramping up the company's presence in the all-important cloud market. Its Azure platform has become a wildly popular means for companies to manage their cloud, with revenue improving 64% last quarter, while business people and enterprise-level users love the fact that they can access their productivity programs like Word and Excel online, in any web browser.The shift has been a win for Microsoft as well though. All of these new cloud-based offerings? They drive recurring, subscription-based revenue, allowing the company to know what the short-term and long-term top line will look like. Church & Dwight (CHD)Source: slgckgc via Flickr (Modified)Finally, add Church & Dwight (NYSE:CHD) to your list of stocks to watch for 2020.It's in the same vein as Procter & Gamble (NYSE:PG) and Unilever (NYSE:UL), although not nearly as big as either of those more familiar players. That's not necessarily a problem though. Indeed, it seems as if the massive size that once allowed the likes of P&G to be a powerhouse has since become something of a liability.To that end, Church & Dwight's brand names like Arm & Hammer, Oxi-Clean, Orajel, Nair and others are small enough to let them be the alternative to the most recognizable products in each major consumer goods category … big brand names consumers are increasingly shunning, even if just on principle. * 8 Dividend Stocks to Buy for a Recession The company's got the proof that being smaller works. In only one quarter since 2006 has Church & Dwight failed to grow its top line on a year-over-year basis. The pros are calling for revenue growth of more than 5% this year and next year as well.As of this writing, James Brumley held a long position in Alphabet. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post 10 Excellent Stocks to Watch for 2020 and Beyond appeared first on InvestorPlace.
Stocks have had a good 2019. Through the first half of the year, the S&P 500 was on track for its best year in over two decades. To be sure, gains have been muted in the third quarter despite major indices flirting with all-time highs. But with the S&P 500 up 20% year-to-date, stocks are still having one of their best years this century.One bullish sign about this rally is that the leadership in the S&P 500 in 2019 is very diverse. That is, the individual stocks which are leading the market higher are not concentrated in one industry -- rather, they are a from a broad array on sectors. That's bullish because it shows that the market rally this year has breadth. You don't just have one boat or one group of boats rushing ahead of the rest. Instead, the whole sea is rising here, and when the whole sea is rising, that is often a dynamic that is tough to stop.Underneath this sea of stocks are undercurrents of megatrends making their way to the surface. Investors who get in now -- before the crowd has been convinced of the potential long-term worth of these companies -- will profit tremendously.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Momentum Stocks to Buy On the Dip With that in mind, let's take a look at the best stocks of 2019 so far, and see where these stocks could go next. Chipotle Mexican Grill (CMG)Source: Northfoto / Shutterstock.com Year-to-Date Gain: 85%Through September, the best performing stock in the S&P 500 is Chipotle Mexican Grill (NYSE:CMG). Shares of the fast casual Mexican eatery have rattled off an 85% gain this year, thanks to the company's turnaround gaining impressive momentum throughout the year.Specifically, new management has doubled down on three growth initiatives -- revamping the menu with exciting new options, expanding reach by building out the digital business and re-branding the chain with a new marketing campaign. Those three growth initiatives have all worked, and Chipotle has reported hugely positive comps all year long, which has fueled the huge gains in CMG stock.Going forward, this rally could persist. After all, nothing is wrong with the Chipotle growth narrative. The turnaround is powering full steam ahead, and for the foreseeable future, the company should comp positive and report big profit growth. In theory, those strong numbers should keep CMG stock on its winning trajectory. But I'm concerned about valuation. At 60-times forward earnings, Chipotle stock is one of the most richly valued restaurant stocks I've ever seen -- and I think upward moving fixed income yields could pressure that extended valuation in a big way.As such, while the rally in CMG stock could persist into the end of the year, I don't think it will. Instead, I think CMG stock could give back some gains over the next few months. In sharp contrast, stocks that are "bulletproof" can make investors money in any market. Hess (HES)Source: Shutterstock Year-to-Date Gain: 74%Through September, the second best S&P 500 stock is Hess (NYSE:HES). The energy company focused on crude oil and natural gas exploration and production has seen its stock rise nearly 75% in 2019 for two simple reasons.First, you have surging oil prices. WTI Crude Oil prices are up more than 25% year-to-date, thanks to improving global economic conditions firming up demand and certain one-off catalysts short-circuiting supply (such as the recent attacks in Saudi Arabia). HES stock has naturally rallied with rising oil prices. Second, Hess owns a 30% stake in a huge oilfield in Guyana that projects to be one of the most lucrative oilfields in recent memory. As this oilfield has inched close towards being operable, HES stock has moved higher.Can the rally continue? I have my doubts. The trailing price-to-sales multiple on HES stock is now at a 2019 high, while the dividend yield is at a 2019 low. Thus, the stock is richly valued by historical standards, meaning investors are pricing in higher oil prices for the foreseeable future and huge upside from the Guyana project. The latter will probably materialize. I'm unconvinced on the former, as it appears countries globally are ready to inject supply where needed to keep oil prices from rising too much. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars As such, while HES stock could continue to move higher from here, further gains will be reliant on oil prices moving higher. Lam Research (LRCX)Source: Shutterstock Year-to-Date Gain: 73%The third best S&P 500 stock through September is Lam Research (NASDAQ:LRCX).Shares of the semiconductor equipment giant have risen by more than 70% this year as investors have realized that the semiconductor downturn everyone was expecting in 2019, isn't as bad as feared. That is, LRCX dropped big in late 2018 to multi-year lows and a dirt cheap valuation as investors anticipated that a global economic slowdown would kill semi equipment demand in 2018/19.It has. But the damage has been relatively muted and a recovery already appears to be underway. As such, LRCX has benefited from both multiple expansion and upward estimates revisions in 2019 -- the sum of which is how Lam Research stock has rattled of a 73% YTD gain.LRCX should continue to move higher from here, albeit at a slower pace. That's because only one of the stock's two growth drivers will remain in play. The multiple expansion tailwind has dried up, since at 17-times forward earnings, LRCX is trading at its richest valuation in years. But the upward estimates revisions tailwind has not dried up. Global economic growth trends are improving, and as they continue to improve over the next few quarters, the semi market should continue to bounce back -- which should lead to analysts upping their forward revenue and EPS estimate for LRCX.Big picture: While the best of the LRCX rally is in the rear-view mirror, this stock still has some gas left in the tank to head higher over the next few months. Copart (CPRT)Source: Shutterstock Year-to-Date Gain: 72%The fourth best S&P 500 stock through September is Copart (NYSE:CPRT).While the U.S. auto market may be having a tough time in 2019, online car auction company Copart is not. The company has rattled off three straight strong quarters in 2019. Revenue growth has accelerated higher through each of those quarters. Margins are powering higher, too. Profit growth has been robust. In other words, Copart has been firing on all cylinders in 2019, despite a weak auto market backdrop, and that divergence has helped CPRT stock soar by more than 70% this year. * 7 Tech Stocks You Should Avoid Now This rally has more firepower left. Copart has leveraged its unique value prop in the auto industry to transform into a steady 20%-plus revenue and profit grower. For that 20%-plus revenue and profit growth, CPRT stock trades at just 30-times forward earnings. That's a fairly reasonable multiple to pay for 20% growth. So long as the U.S. economy remains healthy and continues to support 20%-plus profit growth at Copart, which it should for the foreseeable future - then CPRT stock has room to move higher.Momentum stocks, like CPRT, can be difficult to chase but the risks can be worth the rewards. And new breakthroughs are happening right under our noses -- could you imagine a $1,000 car? Western Digital (WDC)Source: Valeriya Zankovych / Shutterstock.com Year-to-Date Gain: 71%The fifth best S&P 500 stock through September is Western Digital (NASDAQ:WDC).Owing to its broad exposure to favorable growth trends in data creation, accumulation and storage, data storage giant Western Digital has been a Wall Street favorite for a long time. In 2018, Western Digital lost Wall Street's favor as growth turned sharply negative amid a broad data storage market slowdown. WDC stock shed more than 70%. But in 2019, there have been signs of improving conditions in the flash market, and the consensus belief is that a trough is close. As Western Digital has neared this inflection point, investors have gobbled up shares in anticipation of a big recovery in 2020.Will the rally continue? It hinges entirely on whether or not that big recovery in 2020 actually materializes. If it does, WDC stock could fly much higher -- the stock is still 40% off its early 2018 highs. If it doesn't, WDC stock could give back most of its 71% year-to-date gain. Fortunately for WDC bulls, I think the big recovery will materialize, given that global economic conditions are improving, trade tensions are easing, global business confidence is improving and fiscal stimulus is on its way to help juice economic activity. Meanwhile, major breakthroughs from little-known companies -- imagine having advanced medical diagnostics right in the palm of your hand -- will shape the future.Consequently, while WDC stock is unequivocally a high-risk, high-reward play here, I think the reward part has more merit than the risk part at this point in time. KLA (KLAC)Source: Shutterstock Year-to-Date Gain: 70%The sixth best S&P 500 stock through September is KLA (NASDAQ:KLAC).Much like Lam Research, KLA is a semiconductor equipment stock which has materially outperformed in 2019 because the slowdown in the semi market hasn't been as bad as feared and looks to be over pretty soon with sizable catalysts on the horizon, such as 5G. As such, the consensus belief is that KLA's growth trajectory will materially improve over the next few years, and investors are gobbling up KLAC stock ahead of that big improvement.The rally continuing here will depend on how much KLA's growth trajectory improves. At present, KLAC stock trades at 16-times forward earnings, which is a multi-year high valuation for this stock. In order to justify that above-average multiple, revenue and profit growth need to accelerate meaningfully from here. If they don't, KLAC stock could give back a bulk of its gains. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Fortunately for KLAC bulls, I think revenue and profit growth will accelerate meaningfully, as 5G and IoT tailwinds converge on improving global economic conditions in 2020 to create a robust semi-equipment spending environment. If that does happen, KLAC stock should stay in rally mode for the foreseeable future. Advanced Micro Devices (AMD)Source: Sundry Photography / Shutterstock.com Year-to-Date Gain: 68%Last on this list of best S&P 500 stocks of 2019 is Advanced Micro Devices (NASDAQ:AMD).Shares of CPU and GPU company AMD have been red hot for a while now. In 2018, this was the S&P 500's top stock. In 2019, it's the seventh best performing stock. This consistent strength comes down to one thing - market share expansion. Over the past few years, AMD - a historically small and largely irrelevant player in the CPU and GPU markets - has dramatically increased its presence in the CPU and GPU markets, and as the company has, revenues and profits have marched meaningfully higher. This big growth has powered equally big gains in AMD stock.This rally should continue into 2020. At present, AMD projects to keep winning share in the CPU and GPU markets for the next several quarters. So long as the company keeps doing this, growth rates will remain robust, and investors will salivate over the long term potential. That is a winning combination which should ultimately keep AMD stock on a winning path.Thus, when it comes to AMD stock, it's all about market share expansion. So long as this company keeps winning market share, AMD stock will stay on an uptrend.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post The 7 Best S&P 500 Stocks of 2019 So Far appeared first on InvestorPlace.
Today's IBD 50 Stocks To Watch pick, salvaged car reseller Copart, is in buy range after a strong earnings-driven breakout above a potential entry.
The stock market jumped past resistance this week on new China trade talks, signaling a new bullish direction. Lululemon, Coupa Software and Copart broke out on earnings.
Copart broke out past a buy point after the salvage car auction leader reported another quarter of earnings and sales growth. Management said it's "doubling down" on growth.
CNH Industrial (CNHI) plans to separate the IVECO truck business from the agriculture and construction business, while recalls more than 550,000 trucks and SUVs in North America to resolve the vehicles' seat-back issue.