Stamps.com (NASDAQ:STMP) had a bad day on Wall Street after reporting its fourth-quarter earnings. The Q4 results were fine, but the news that the company is ending its exclusive partnership with the USPS sent shares plunging. The stock fell nearly 58% after the company forecast its net income would decline 63% this year as a result of ending its relationship with the Postal Service.
One analyst asked, "Why now?" on the company's fourth-quarter earnings call. To that, CEO Ken McBride had a straightforward answer: Amazon (NASDAQ:AMZN). "Something pretty significant happened in the last month, which is Amazon came out and they said, 'Hey, we're going after shipping.' And it was the first time they have publicly acknowledged that," he answered.
Sacrificing two-thirds of net income this year for the chance to court Amazon as a shipping partner is a pretty big bet.
Image source: Amazon.
Top Safest Stocks To Own For 2022: iShares PHLX SOX Semiconductor Sector Index Fund(SOXX)
iShares S&P North American Technology-Semiconductors Index Fund (the Fund), formerly iShares S&P GSTI Semiconductor Index Fund, seeks investment results that correspond to the price and yield performance, before fees and expenses, as represented by the S&P North American Technology-Semiconductors Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
The Index has been developed as an equity benchmark for United States-traded semiconductor stocks. The Index includes companies that are producers of capital equipment or manufacturers of wafers and chips.
Advisors' Opinion:- [By Ashraf Eassa]
Over the last year, shares of data center connectivity specialist Mellanox (NASDAQ:MLNX) saw its shares rise by nearly 53%, easily crushing the returns delivered by the major stock indices as well as the iShares PHLX Semiconductor ETF (NASDAQ:SOXX), which was up just 1.2% during that time.
- [By Jim Crumly]
Utility stocks were the weakest sector, with the Utilities Select SPDR ETF (NYSEMKT:XLU) falling 1.4%. Semiconductor stocks also helped pull the market down after some analyst downgrades; the iShares PHLX Semiconductor ETF (NASDAQ:SOXX) dropped 1.6%.
- [By Jim Crumly]
Industrial stocks were a bright spot in the market today, especially defense-related companies. The iShares US Aerospace & Defense ETF (NYSEMKT:ITA) gained 1.1%. Semiconductor stocks were a drag on the technology sector, with the iShares PHLX Semiconductor ETF (NASDAQ:SOXX) falling 2.7%.
Top Safest Stocks To Own For 2022: The ExOne Company(XONE)
We are a global provider of 3D printing machines and 3D printed and other products, materials and services to industrial customers. Our business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for our customers using our installed base of 3D printing machines. Our machines serve direct and indirect applications. Direct printing produces a component; indirect printing makes a tool to produce a component. We offer pre-production collaboration and print products for customers through our nine PSCs, which are located in the United States, Germany, Italy, Sweden and Japan. We build 3D printing machines at our facilities in the United States and Germany. We also supply the associated materials, including consumables and replacement parts, and other services, including training and technical support that is necessary for purchasers of our 3D printing machines to print products. Advisors' Opinion:
- [By Paul Ausick]
Short interest in The ExOne Co. (NASDAQ: XONE) rose by 4.3% to 2.41 million shares. About 24.8% of the company’s shares were short. ExOne’s share price rose by about 2.3% in the period ending September 28. The stock’s 52-week range is $6.16 to $12.50, and shares closed at $9.71 on Tuesday, down about 1% for the day. Days to cover remained at 20.
- [By Max Byerly]
Shares of ExOne Co (NASDAQ:XONE) shot up 5.5% during mid-day trading on Thursday . The stock traded as high as $10.94 and last traded at $10.01. 5,080 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 152,117 shares. The stock had previously closed at $10.59.
- [By Paul Ausick]
Short interest in The ExOne Co. (NASDAQ: XONE) dipped by 0.5% to 2.31 million shares. About 23.8% of the company’s shares were short. ExOne’s share price rose by about 5.9% in the two-week period. Its 52-week range is $6.16 to $12.50, and shares closed at $9.80 on Tuesday, up about 3.8% for the day. Days to cover rose from 16 to 20.
Top Safest Stocks To Own For 2022: Veeco Instruments Inc.(VECO)
Veeco Instruments Inc., together with its subsidiaries, designs, manufactures, and markets various equipments to make light emitting diodes (LEDs) and hard-disk drives worldwide. The company?s LED and Solar segment designs and manufactures metal organic chemical vapor deposition and molecular beam epitaxy systems and components for the manufacturers of LEDs, wireless devices, power semiconductors, and concentrator photovoltaics, as well as to research and development applications. Its Data Storage segment designs and manufactures various technologies, including ion beam etch, ion beam deposition, diamond-like carbon, physical vapor deposition, chemical vapor deposition, and slicing, dicing, and lapping systems to create thin film magnetic heads that read and write data on hard disk drives. The company was founded in 1945 and is headquartered in Plainview, New York.
Advisors' Opinion:- [By Joseph Griffin]
Veeco Instruments (NASDAQ:VECO) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Wednesday.
- [By Ethan Ryder]
Shares of Veeco Instruments Inc. (NASDAQ:VECO) have been assigned an average recommendation of “Hold” from the six analysts that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company.
Top Safest Stocks To Own For 2022: Concord Medical Services Holdings Limited(CCM)
Concord Medical Services Holdings Limited, incorporated on November 27, 2007, is engaged in the leasing of radiotherapy and diagnostic imaging equipment, the provision of management services to hospitals. The Company is also engaged in hospital operations. The Company's segments are network and premium cancer hospital. The Company operates a network of radiotherapy and diagnostic imaging centers in China. Its network consists of approximately 130 cooperative centers based in over 70 hospitals, spanning approximately 60 cities across 25 provinces and administrative regions in China. The Company's network includes approximately 60 radiotherapy centers and over 60 diagnostic imaging centers and approximately seven centers that provide other treatment and diagnostic services, such as electroencephalography for the diagnosis of epilepsy, thermotherapy to increase the efficacy of and for pain relief after radiotherapy and chemotherapy, high intensity focused ultrasound therapy for the treatment of cancer, stereotactic radiofrequency ablation for the treatment of Parkinson's Disease and refraction and tonometry for the diagnosis of ophthalmic conditions.
The Company's cooperative centers are equipped with a primary unit of medical equipment, such as a linear accelerator, head gamma knife system, body gamma knife system, positron emission tomography-computed tomography (PET-CT) scanner or magnetic resonance imaging (MRI) scanner. In addition to its cooperative centers, the Company is in the process of establishing specialty cancer hospitals that will focus on providing radiotherapy services, as well as diagnostic imaging services, chemotherapy and surgery. The Company owns approximately 30 linear accelerators and approximately 34 gamma knife systems, including over 22 head gamma knife systems and approximately 12 body gamma knife systems. It also owns approximately 20 PET-CT scanners and over 20 MRI scanners. The Company provides management services to radiotherapy and diagnostic imaging centers ! under service-only agreements. It also provides technical services to radiotherapy and diagnostic imaging centers under technical service agreements. The Company, through Concord Cancer Hospital, provides oncology as its main service, including medical oncology and surgical oncology, in Singapore.
The Company competes with China Renji Medical Group Ltd. and Jiancheng Investment Co.
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
Top Safest Stocks To Own For 2022: CME Group Inc.(CME)
CME Group Inc. operates the CME, CBOT, NYMEX, and COMEX regulatory exchanges worldwide. The company provides a range of products available across various asset classes, including futures and options on interest rates, equity indexes, energy, agricultural commodities, metals, foreign exchange, weather, and real estate. It offers various products that provide a means of hedging, speculation, and asset allocation relating to the risks associated with interest rate sensitive instruments, equity ownership, changes in the value of foreign currency, credit risk, and changes in the prices of commodities. CME Group owns and operates clearing house, CME Clearing, which provides clearing and settlement services for exchange-traded contracts and counter derivatives transactions; and also engages in real estate operations. Its primary trade execution facilities consist of its CME Globex electronic trading platform and open outcry trading floors, as well as privately negotiated transact ions that are cleared and settled through its clearing house. In addition, the company offers market data services comprising live quotes, delayed quotes, market reports, and historical data services, as well as involves in index services business. CME Group?s customer base includes professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, and governments. It has strategic partnerships with BM&FBOVESPA S.A., Bursa Malaysia Derivatives, Singapore Exchange Limited, Green Exchange, Dubai Mercantile Exchange, Johannesburg Stock Exchange, and Bolsa Mexicana de Valores, S.A.B. de C.V., as well as joint venture agreement with Dow Jones & Company. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group was founded in 1898 and is headquartered in Chicago, Illinois.
Advisors' Opinion:- [By ]
Cboe Global Markets (CBOE) - Get Report shares rose Wednesday, after a report that competing financial-securities exchange CME Group (CME) - Get Report has proposed buying it for almost $16 billion in stock.
- [By James Brumley (TMFjbrumley)]
At its peak price on Wednesday, Cboe Global Markets (NYSEMKT:CBOE) stock was up more than 9% in response to whispers it was to be acquired by fellow exchange CME Group (NASDAQ:CME). Shares were back near break-even levels for the day, however, after CME Group denied the rumor.
- [By ]
Sure, I will invest more in certain high-confidence picks than others, but without going overboard. This might limit the overall impact that a triple-digit winner makes in my High-Yield Investing portfolio -- like the 156% gain we made on CME Group (Nasdaq: CME) when we sold in May 2018 -- but it will also soften the blow from a laggard.
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