&l;span&g;Once again the stock market is flirting with fresh record highs. As a result, valuations are stretched to the upside as the market refuses to fall. For those of you who like to buy undervalued stocks, here are three shockingly cheap bargain stocks that are about to breakout. There are many ways to define &q;cheap&q; on Wall Street, so for the purposes of this article, I&s;m using the standard price-to-earnings (P/E) ratio from multiple sources.&l;/span&g;
Top Undervalued Stocks To Invest In 2019: NVE Corporation(NVEC)
Advisors' Opinion:- [By Stephan Byrd]
NVE Co. (NASDAQ:NVEC) shares hit a new 52-week high and low on Wednesday . The stock traded as low as $105.88 and last traded at $103.80, with a volume of 52 shares changing hands. The stock had previously closed at $104.57.
- [By Motley Fool Transcribing]
NVE (NASDAQ:NVEC) Q1 2019 Earnings Conference CallJul. 18, 2018 4:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
NVE (NASDAQ:NVEC) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.
- [By Joseph Griffin]
Kayne Anderson Rudnick Investment Management LLC increased its holdings in NVE Co. (NASDAQ:NVEC) by 1.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 741,605 shares of the semiconductor company’s stock after purchasing an additional 9,645 shares during the period. Kayne Anderson Rudnick Investment Management LLC owned approximately 15.32% of NVE worth $61,635,000 at the end of the most recent quarter.
Top Undervalued Stocks To Invest In 2019: Concord Medical Services Holdings Limited(CCM)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin] Gainers Comstock Resources, Inc. (NYSE: CRK) shares shot up 52 percent to $7.235 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes. MarineMax, Inc. (NYSE: HZO) shares gained 24.2 percent to $21.80 as the company posted upbeat Q2 results and raised its FY18 outlook. Mattersight Corporation (NASDAQ: MATR) shares rose 22 percent to $2.625 after the company agreed to be purchased by NICE Ltd. Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped 21.3 percent to $411.871 as the company reported stronger-than-expected results for its first quarter on Wednesday. Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 17 percent to $3.10 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression. Ultra Clean Holdings, Inc. (NASDAQ: UCTT) rose 15.9 percent to $18.34 following upbeat Q1 earnings. PCM, Inc. (NASDAQ: PCMI) gained 15.6 percent to $12.20 following Q1 results. O'Reilly Automotive, Inc. (NASDAQ: ORLY) surged 14.4 percent to $260.3901 following upbeat Q1 profit. Concord Medical Services Holdings Limited (NYSE: CCM) gained 13.8 percent to $3.70. Penn National Gaming, Inc. (NASDAQ: PENN) rose 13.5 percent to $29.815 after reporting strong Q1 results. BioTelemetry, Inc. (NASDAQ: BEAT) rose 13.5 percent to $38.30 as the company reported stronger-than-expected earnings for its first quarter. Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose 13.1 percent to $10.985 as the company reported upbeat results for its first quarter. SJW Group (NYSE: SJW) shares gained 11.8 percent to $63.59 following Q1 results. California Water Service Group made an offer for SJW. Churchill Downs Incorporated (NASDAQ: CHDN) climbed 9.8 percent to $278.40 following Q1 results. CYS Investments, Inc. (NYSE: CYS)
Top Undervalued Stocks To Invest In 2019: Catalyst Pharmaceuticals, Inc.(CPRX)
Advisors' Opinion:- [By Shane Hupp]
Cantor Fitzgerald assumed coverage on shares of Catalyst Pharmaceuticals (NASDAQ:CPRX) in a report issued on Thursday, MarketBeat Ratings reports. The firm set an “overweight” rating and a $8.00 price target on the biopharmaceutical company’s stock. Cantor Fitzgerald’s price target would suggest a potential upside of 153.97% from the stock’s current price.
- [By Joseph Griffin]
BidaskClub downgraded shares of Catalyst Pharmaceuticals (NASDAQ:CPRX) from a sell rating to a strong sell rating in a report published on Wednesday morning.
- [By Lisa Levin] Gainers Sigma Labs, Inc. (NASDAQ: SGLB) shares rose 90.9 percent to $2.52. Sigma Labs demonstrated proof of concept for closed loop quality control during metal additive manufacturing. Oragenics, Inc. (NYSE: OGEN) shares surged 58.4 percent to $1.9005 after the company’s AG013 for oral mucositis in head and neck cancer patients showed favorable safety profile in mid-stage OM study. Dick's Sporting Goods, Inc. (NYSE: DKS) shares climbed 23.2 percent to $37.5370 after the company reported upbeat Q1 earnings and raised FY18 earnings outlook. Summer Infant, Inc. (NASDAQ: SUMR) rose 21.9 percent to $1.17 after announcing commitment for $60 million credit facility from Bank of America and $17.5 million term loan from Pathlight Capital. TapImmune, Inc. (NASDAQ: TPIV) jumped 18.8 percent to $4.87. WBB Securities upgraded TapImmune from Speculative Buy to Buy. Movado Group, Inc. (NYSE: MOV) gained 17.2 percent to $49.45 after the company reported better-than-expected Q1 results and raised its guidance. ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) jumped 16.2 percent to $7.96. BTIG Research initiated coverage on ASLAN Pharmaceuticals with a Buy rating. Legacy Reserves LP (NASDAQ: LGCY) rose 15.5 percent to $5.6011. InspireMD, Inc. (NYSE: NSPR) gained 13.3 percent to $1.36 following PR announcing sustained benefit of CGuard EPS. Immutep Limited (NASDAQ: IMMP) shares climbed 13.2 percent to $2.7724 after the company reported new data from its ongoing TACTI-mel Phase I trial, which evaluated the combination of eftilagimod alpha, its lead compound, with Merck & Co., Inc. (NYSE: MRK)'s Keytruda in unresectable or metastatic melanoma patients, who have had a suboptimal response or had disease progression with keytruda monotherapy.. SpartanNash Co (NASDAQ: SPTN) rose 12.2 percent to $21.20 after the company reported upbeat earnings for its first quarter on Tuesday. Amtech Systems, Inc. (NASDAQ: ASYS) rose 12.1 percent to
- [By Joseph Griffin]
Cantor Fitzgerald assumed coverage on shares of Catalyst Pharmaceuticals (NASDAQ:CPRX) in a report issued on Thursday, MarketBeat Ratings reports. The firm set an “overweight” rating and a $8.00 price target on the biopharmaceutical company’s stock. Cantor Fitzgerald’s price target would suggest a potential upside of 153.97% from the stock’s current price.
Top Undervalued Stocks To Invest In 2019: Covanta Holding Corporation(CVA)
Advisors' Opinion:- [By Stephan Byrd]
Covanta Holding Corp (NYSE:CVA) insider Paul E. Stauder sold 2,000 shares of Covanta stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $17.53, for a total value of $35,060.00. Following the sale, the insider now owns 42,025 shares of the company’s stock, valued at $736,698.25. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
- [By Shane Hupp]
Cullen Frost Bankers Inc. boosted its holdings in Covanta Holding Corp (NYSE:CVA) by 22.6% during the fourth quarter, Holdings Channel reports. The fund owned 35,051 shares of the energy company’s stock after buying an additional 6,456 shares during the period. Cullen Frost Bankers Inc.’s holdings in Covanta were worth $470,000 at the end of the most recent quarter.
- [By Lee Jackson]
This company has seen solid insider buying over the past year. Covanta Holding Corp. (NYSE: CVA) is a world leader in providing sustainable waste and energy solutions. Annually, Covanta’s modern energy-from-waste facilities safely convert approximately 20 million tons of waste from municipalities and businesses into clean, renewable electricity to power 1 million homes and recycle approximately 500,000 tons of metal.
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