Andrew, Arthur and Paul &l;i&g;knew&l;/i&g; their REIT stock was too cheap. So, last August 21, the trio slapped down three independent bets on their firm&a;rsquo;s stock using &l;i&g;their&l;/i&g; own money. Their reward? Quick 26% returns!
Did they time the entire sector bottoming? No &a;ndash; &l;b&g;Vanguard&a;rsquo;s Real Estate ETF&l;/b&g; dropped 5% over the same time period. But that was just noise, because these boys knew &l;i&g;their own business&l;/i&g;. They cherry picked the bargain.
It shouldn&a;rsquo;t be a surprise that a chief financial officer (CFO) and his cronies would nail this trade. After all, finding deals with real estate investment trusts (REIT) is a straightforward 2-step process:
&l;/p&g;&l;ol&g;&l;li&g;Find a high &l;i&g;relative&l;/i&g; yield, and&l;/li&g;
Hot Cheap Stocks To Invest In Right Now: Rent-A-Center Inc.(RCII)
Advisors' Opinion:- [By Ethan Ryder]
ValuEngine upgraded shares of Rent-A-Center (NASDAQ:RCII) from a hold rating to a buy rating in a report issued on Tuesday.
A number of other research firms have also issued reports on RCII. TheStreet upgraded shares of Rent-A-Center from a d+ rating to a c- rating in a research note on Monday, July 9th. BidaskClub upgraded shares of Rent-A-Center from a hold rating to a buy rating in a research note on Friday, August 3rd. Zacks Investment Research upgraded shares of Rent-A-Center from a hold rating to a buy rating and set a $17.00 price objective on the stock in a research note on Wednesday, July 4th. Janney Montgomery Scott lowered shares of Rent-A-Center from a buy rating to a neutral rating in a research note on Monday, June 18th. Finally, Northcoast Research lowered shares of Rent-A-Center from a buy rating to a neutral rating in a research note on Tuesday, June 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Rent-A-Center presently has a consensus rating of Hold and a consensus target price of $11.00.
- [By ]
Engaged Capital maintained large positions in Rent-A-Center (RCII) , TiVo (TIVO) , Hain Celestial (HAIN) , SunOpta and Jamba Inc. (JMBA) , all companies that have either previously been targeted by Welling or currently are in his cross-hairs.
- [By Timothy Green]
Shares of Rent-A-Center Inc. (NASDAQ:RCII) surged on Tuesday after Vintage Capital Management increased its offer to acquire the company. Rent-A-Center disclosed on Monday that it had received an offer from one of the companies involved in its strategic review process soon after that process was ended. Rent-A-Center stock was up about 15% at 12:35 p.m. EDT.
- [By Logan Wallace]
AerCap (NYSE: AER) and Rent-A-Center (NASDAQ:RCII) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, risk, analyst recommendations and valuation.
- [By Logan Wallace]
OMERS ADMINISTRATION Corp decreased its holdings in shares of Rent-A-Center Inc (NASDAQ:RCII) by 52.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,200 shares of the company’s stock after selling 79,200 shares during the period. OMERS ADMINISTRATION Corp owned about 0.14% of Rent-A-Center worth $623,000 as of its most recent SEC filing.
- [By Chris Lange]
Rent-A-Center Inc. (NASDAQ: RCII) shares made an incredible gain on Monday after the company announced that it would be taken private by Vintage Rodeo Parent, an affiliate of Vintage Capital Management.
Hot Cheap Stocks To Invest In Right Now: S&P Smallcap 600(PH)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on Parker-Hannifin (PH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Barings LLC decreased its holdings in Parker Hannifin (NYSE:PH) by 36.4% in the first quarter, HoldingsChannel reports. The firm owned 26,064 shares of the industrial products company’s stock after selling 14,937 shares during the period. Barings LLC’s holdings in Parker Hannifin were worth $4,458,000 as of its most recent SEC filing.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Parker Hannifin (PH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
State Board of Administration of Florida Retirement System reduced its position in Parker Hannifin (NYSE:PH) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,950 shares of the industrial products company’s stock after selling 6,667 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.13% of Parker Hannifin worth $29,580,000 as of its most recent SEC filing.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Parker-Hannifin (PH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Eaton Vance Management lifted its holdings in shares of Parker Hannifin (NYSE:PH) by 141.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 514,556 shares of the industrial products company’s stock after acquiring an additional 301,597 shares during the quarter. Eaton Vance Management’s holdings in Parker Hannifin were worth $88,005,000 at the end of the most recent quarter.
Hot Cheap Stocks To Invest In Right Now: S&P GSCI(GD)
Advisors' Opinion:- [By Stephan Byrd]
Strategic Wealth Partners Ltd. reduced its position in shares of General Dynamics Co. (NYSE:GD) by 20.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,099 shares of the aerospace company’s stock after selling 1,521 shares during the period. Strategic Wealth Partners Ltd.’s holdings in General Dynamics were worth $1,137,000 at the end of the most recent quarter.
- [By ]
In addition to increasing the dividend, Action Alerts PLUS holding Raytheon announced in late March that under the Department of Defense's DARPA program, it was developing technology that could control swarms of both air-based, and ground-based drone vehicles that might be launched using a "drag and drop" visual interface. My price target: $245.
General Dynamics (GD)This is one firm where we have already seen cash flows and margins improving. GD is also another defense name that increased their dividend in March. Think the Navy gets some love in the 2018 federal budget that earmarked $654 billion for the Pentagon? Me too. Know who runs the Virginia class submarine program? General Dynamics. In fact, the Navy just awarded a $696 million modification to that program for 2019.
- [By Lee Jackson]
This company, like other major defense prime contractors, had a very solid year and is also on the Merrill Lynch US 1 list. General Dynamics Corp. (NYSE: GD) is engaged in business aviation, land and expeditionary combat vehicles and systems, armaments, munitions, shipbuilding and marine systems, and information systems and technologies.
- [By ]
Cramer and Moreno also looked at General Dynamics (GD) which peaked in early March, before starting a downtrend until Tuesday. Last week, General Dynamics fell to the lower end of its channel, but then it bounced right to the high end, and Wednesday it firmly broke out above the high end of this channel. The stochastic oscillator, which is a powerful momentum indicator is making a bullish crossover, and based on today's move, Moreno thinks General Dynamics can return to its old highs at $230.
- [By ]
Moreno was also upbeat on General Dynamics (GD) , which just made a bullish crossover, but felt that Raytheon had the best chart of them all.
Cramer agreed, saying he's bullish on all of these names.
Hot Cheap Stocks To Invest In Right Now: Kohl's Corporation(KSS)
Advisors' Opinion:- [By Money Morning Staff Reports]
Retail stocks have been on a tear lately, causing investors to question whether the retail sector really is doomed. But that could not be farther from the truth, even for a stock like Kohl's Corp. (NYSE: KSS).
- [By Garrett Baldwin]
Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now it's time to get even. Money Morning Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking. Read it here.
The Top Stock Market Stories for Tuesday Despite all of the political noise, both China and the United States have agreed to take a step back and seriously pursue talks that may prevent further tariff impositions. The biggest development on the trade front is that the Trump administration is considering a plan to lift a sales ban on Chinese mobile giant ZTE. Shares of Micron Technology Inc. (Nasdaq: MU) are pushing higher after the company announced a $10 billion plan to buy back stock. Micron reported earnings on Monday, and the Boise-based firm easily topped Wall Street expectations. Facebook Inc. (Nasdaq: FB) was pushing a bit higher on Tuesday as the firm prepared to address data privacy issues in Europe. The social media giant's CEO, Mark Zuckerberg, is set to speak before European lawmakers this morning. Zuckerberg will testify this morning, just three days after the European Union enforced more stringent laws on consumer data protection. Three Stocks to Watch Today: GM, KSS, TSLA Shares of General Motors Co. (NYSE: GM) were pushing higher after the auto giant reported that China will be lifting restrictions on U.S. automotive parts and cars. But GM isn't the only beneficiary. Look for shares of Ford Motor Co. (NYSE: F) and Fiat Chrysler Automobiles NV (Nasdaq: FCAU) to also get a boost out of the Chinese economy. Shares of Kohl's Corp. (NYSE: KSS) popped 5% after the firm beat earnings expectations and easily topped same-store sales during the first quarter. The company also raised its 2019 earnings numbers, which helped fuel investor sentiment. Shares of Tesla Inc. (Nasdaq: TSLA) are in focus - [By Adam Levine-Weinberg]
In this episode of Industry Focus: Consumer Goods, Vincent Shen and senior Motley Fool contributor Adam Levine-Weinberg dive into the latest developments from Macy's (NYSE:M), Kohl's (NYSE:KSS), and Dillard's (NYSE:DDS), which have all enjoyed bullish rallies of 30% in the past month.
- [By Chris Lange]
Kohl's Corp. (NYSE: KSS) released its fiscal second-quarter financial results before the markets opened on Tuesday. The company said that it had $1.76 in earnings per share (EPS) and $4.57 billion in revenue, which compares with consensus estimates of $1.64 in EPS and $4.26 billion in revenue. The same period of last year reportedly had EPS of $1.24 on $4.4 billion in revenue.
- [By Stephan Byrd]
Shares of Kohl’s Co. (NYSE:KSS) have received an average recommendation of “Hold” from the twenty-four analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $77.33.
- [By Stephan Byrd]
Trust Investment Advisors cut its position in Kohl’s Co. (NYSE:KSS) by 5.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,340 shares of the company’s stock after selling 1,240 shares during the period. Kohl’s accounts for 1.5% of Trust Investment Advisors’ holdings, making the stock its 17th largest position. Trust Investment Advisors’ holdings in Kohl’s were worth $1,332,000 at the end of the most recent quarter.
Hot Cheap Stocks To Invest In Right Now: Wendy's/Arby's Group Inc.(WEN)
Advisors' Opinion:- [By Rich Duprey]
Papa John's International (NASDAQ:PZZA) was reportedly willing to sell itself, and Wendy's (NASDAQ:WEN) might have been interested in buying, until comments deemed racially insensitive by the pizzeria's founder John Schnatter led to his resignation as company chairman -- and caused the burger joint to back away from further negotiations.
- [By Stephan Byrd]
Cannae (NYSE: CNNE) and Wendys (NASDAQ:WEN) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, valuation, profitability, dividends, risk and analyst recommendations.
- [By Chris Hill]
Hanson: Dinosaur bones. Fossils. It wasn't Jurassic Park. But it's neat, if you go, you can hike on these trails and you can see the fossils being exposed. It's neat, it's really cool. The kids liked it. If you go to Canada, one thing that's ubiquitous in Canada, Tim Hortons. We went there for breakfast and my kids just could not get enough of the biscuits and the Timbits, which are the equivalent of Munchkins. My son has his Robinhood account now, so he's always on the lookout for stocks to buy. He said, "Can I buy Tim Hortons stock?" And I said, "Yes you can." And actually, I told him a story. A long time ago, when I was in college, I actually bought Wendy's (NASDAQ:WEN) stock on the thesis that Baja Fresh, which they owned at the time, was the next hot concept, and way better than Chipotle. Now, you fast forward a couple of years, Baja Fresh basically was worthless to Wendy's. Chipotle had gone on to be the winner in the burrito space. Obviously since reverted to the mean. But, made a lot of money on Wendy's because of Tim Horton's. They also own Tim Hortons, and Tim Hortons is growing crazy for them, they're growing all across Canada and the U.S.
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