Equity investors in China are taking a flyer on a strategy that hasn’t worked in years, speculating small caps will soar on the country’s sweeping plans to invigorate its fastest-growing firms.
China’s three most popular exchange-traded funds in 2018 all track smaller stocks, luring some $3 billion in net new assets, data compiled by Bloomberg show. While that’s a tiny slice of the nation’s $7.4 trillion equity market, it’s nearly 60 percent of all the cash that’s gone into stock funds trading in Shanghai or Shenzhen, according to the data.
Small caps have borne the brunt of China’s deleveraging campaign since the 2015 stock bubble burst on concern they would struggle to cope with soaring funding costs. Though the ChiNext is once again down for the year, it’s holding up better than a gauge tracking blue chips, a small win after it largely missed out on a two-year global bull market.
“China’s push to encourage domestic listings of unicorn companies has triggered interest in small caps,” said Patrick Dai, head of A-share research at Macquarie Commodities and Global Markets Group in Shanghai. “Investors are positioning for a potential rally in new-economy sectors because those listings would boost market sentiment.”
Hot Blue Chip Stocks To Invest In 2019: Provident Financial Holdings, Inc.(PROV)
Advisors' Opinion:- [By Max Byerly]
News articles about Provident Financial (NASDAQ:PROV) have been trending somewhat negative this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Provident Financial earned a daily sentiment score of -0.02 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.9215692366566 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
- [By Ethan Ryder]
E*TRADE Financial (NASDAQ: ETFC) and Provident Financial (NASDAQ:PROV) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, institutional ownership, valuation, earnings and dividends.
- [By Logan Wallace]
Charter Financial (NASDAQ: CHFN) and Provident Financial (NASDAQ:PROV) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.
Hot Blue Chip Stocks To Invest In 2019: Sealed Air Corporation(SEE)
Advisors' Opinion:- [By Max Byerly]
State of New Jersey Common Pension Fund D lessened its holdings in shares of Sealed Air (NYSE:SEE) by 16.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 50,000 shares of the industrial products company’s stock after selling 10,000 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Sealed Air were worth $2,140,000 as of its most recent SEC filing.
- [By Shane Hupp]
Toronto Dominion Bank boosted its stake in Sealed Air (NYSE:SEE) by 14.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 104,379 shares of the industrial products company’s stock after buying an additional 12,843 shares during the quarter. Toronto Dominion Bank’s holdings in Sealed Air were worth $4,466,000 as of its most recent SEC filing.
- [By Stephan Byrd]
ILLEGAL ACTIVITY NOTICE: “ETRADE Capital Management LLC Acquires Shares of 18,162 Sealed Air Corp (SEE)” was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/4195548/etrade-capital-management-llc-acquires-shares-of-18162-sealed-air-corp-see.html.
- [By Logan Wallace]
Sealed Air Corp (NYSE:SEE) has earned an average rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $50.00.
- [By Ethan Ryder]
Sealed Air (NYSE:SEE) has been given a $52.00 target price by investment analysts at UBS in a research report issued to clients and investors on Wednesday, www.stocktargetadvisor.com reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. UBS’s price objective indicates a potential upside of 13.99% from the stock’s current price.
- [By Logan Wallace]
Press coverage about Sealed Air (NYSE:SEE) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sealed Air earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.2252752608154 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Hot Blue Chip Stocks To Invest In 2019: Pagegroup PLC (PAGE)
Advisors' Opinion:- [By Ethan Ryder]
Pagegroup PLC (LON:PAGE) declared a dividend on Wednesday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 6th will be paid a dividend of GBX 16.83 ($0.22) per share on Wednesday, October 10th. This represents a dividend yield of 2.81%. The ex-dividend date is Thursday, September 6th. This is a positive change from Pagegroup’s previous dividend of $8.60. The official announcement can be accessed at this link.
- [By Logan Wallace]
Pagegroup (LON:PAGE) was upgraded by stock analysts at Liberum Capital to a “buy” rating in a note issued to investors on Wednesday.
PAGE has been the subject of a number of other research reports. UBS Group reissued a “neutral” rating on shares of Pagegroup in a report on Wednesday, January 2nd. Royal Bank of Canada reissued an “outperform” rating on shares of Pagegroup in a report on Thursday, January 10th. HSBC dropped their price objective on shares of Pagegroup from GBX 700 ($9.15) to GBX 675 ($8.82) and set a “buy” rating for the company in a report on Monday, January 7th. Finally, Jefferies Financial Group dropped their price objective on shares of Pagegroup from GBX 620 ($8.10) to GBX 610 ($7.97) and set a “buy” rating for the company in a report on Tuesday, January 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 578.62 ($7.56).
- [By Max Byerly]
Pagegroup (LON:PAGE) had its target price raised by UBS Group from GBX 550 ($7.09) to GBX 600 ($7.74) in a report released on Monday, investing.thisismoney.co.uk reports. They currently have a neutral rating on the stock.
Hot Blue Chip Stocks To Invest In 2019: Golden Ocean Group Limited(GOGL)
Advisors' Opinion:- [By Ethan Ryder]
Jane Street Group LLC raised its holdings in shares of Golden Ocean Group Ltd (NASDAQ:GOGL) by 99.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 224,567 shares of the shipping company’s stock after purchasing an additional 111,971 shares during the period. Jane Street Group LLC owned approximately 0.16% of Golden Ocean Group worth $1,785,000 at the end of the most recent quarter.
- [By Ethan Ryder]
Golden Ocean Group (NASDAQ: GOGL) and Kenon (NYSE:KEN) are both small-cap transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation and earnings.
- [By Motley Fool Staff]
Golden Ocean Group (NASDAQ:GOGL) Q1 2018 Earnings Conference CallMay. 30, 2018 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Max Byerly]
Get a free copy of the Zacks research report on Golden Ocean Group (GOGL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Blue Chip Stocks To Invest In 2019: The Hanover Insurance Group, Inc.(THG)
Advisors' Opinion:- [By Joseph Griffin]
Goelzer Investment Management Inc. reduced its holdings in shares of The Hanover Insurance Group, Inc. (NYSE:THG) by 3.7% during the 1st quarter, HoldingsChannel reports. The fund owned 40,309 shares of the insurance provider’s stock after selling 1,563 shares during the period. Goelzer Investment Management Inc.’s holdings in The Hanover Insurance Group were worth $4,752,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Scout Investments Inc. acquired a new position in shares of The Hanover Insurance Group, Inc. (NYSE:THG) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 174,629 shares of the insurance provider’s stock, valued at approximately $20,587,000. Scout Investments Inc. owned about 0.41% of The Hanover Insurance Group at the end of the most recent quarter.
- [By Shane Hupp]
Hanover Insurance Group (NYSE:THG) was downgraded by equities researchers at Sandler O’Neill from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, The Fly reports.
- [By Max Byerly]
The Hanover Insurance Group (NYSE:THG) was upgraded by stock analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued on Friday, Marketbeat Ratings reports.
Hot Blue Chip Stocks To Invest In 2019: World Fuel Services Corporation(INT)
Advisors' Opinion:- [By Ethan Ryder]
World Fuel Services Corp (NYSE:INT) – Equities research analysts at Seaport Global Securities issued their Q1 2020 earnings per share (EPS) estimates for World Fuel Services in a research report issued to clients and investors on Thursday, March 7th. Seaport Global Securities analyst K. Sterling forecasts that the oil and gas company will earn $0.56 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $40.00 target price on the stock. Seaport Global Securities also issued estimates for World Fuel Services’ Q2 2020 earnings at $0.60 EPS, Q3 2020 earnings at $0.80 EPS, Q4 2020 earnings at $0.74 EPS and FY2020 earnings at $2.70 EPS.
- [By Lisa Levin]
World Fuel Services Corporation (NYSE: INT) shares dropped 19 percent to $22.62 following Q1 results.
Shares of Biglari Holdings Inc. (NYSE: BH) were down 20 percent to $339.00. Washington Prime Group Inc. (NYSE: WPG) will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1.
- [By Max Byerly]
Get a free copy of the Zacks research report on World Fuel Services (INT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on World Fuel Services (INT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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