Tuesday, May 29, 2018

Top 10 Gold Stocks To Watch For 2019

tags:INTL,LQSIF,NYT,CNSL,TGH,RDC,TYPE,TXMD,GGB,NTAP,

U.S. equities finished mixed on Thursday in relatively quiet trading. Large-caps spent most of the session in the green before an end-of-session swoon took the major averages below the unchanged line.

In the end, the Dow Jones Industrial Average lost 0.1%, the S&P 500 lost 0.1%, the Nasdaq Composite gained a fraction and the Russell 2000 gained 0.4%. What’s more, Treasury bonds were stronger again, boosting the ProShares Ultra Treasury Bond (NYSEARCA:UBT) to a gain of 10.6% since recommended to Edge subscribers on Jan. 5.

The dollar was lower, gold gained 0.3% and oil managed a meager 0.5% rise after closing down in five of the last six sessions.

Top 10 Gold Stocks To Watch For 2019: INTL FCStone Inc.(INTL)

Advisors' Opinion:
  • [By Logan Wallace]

    INTL FCStone (NASDAQ:INTL) released its earnings results on Tuesday. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.20, Bloomberg Earnings reports. INTL FCStone had a positive return on equity of 3.32% and a negative net margin of 0.02%.

  • [By Max Byerly]

    INTL FCStone (NASDAQ:INTL) shares reached a new 52-week high and low during trading on Monday . The company traded as low as $47.87 and last traded at $47.95, with a volume of 2050 shares trading hands. The stock had previously closed at $47.30.

  • [By Shane Hupp]

    INTL FCStone (NASDAQ:INTL) was upgraded by investment analysts at TheStreet from a “c” rating to a “b-” rating in a note issued to investors on Monday.

Top 10 Gold Stocks To Watch For 2019: Liquor Stores N.A. Ltd. (LQSIF)

Advisors' Opinion:
  • [By ]

    It also holds just under 20 percent share of Liquor Stores N.A. (OTCPK:LQSIF) and over 17 percent of Radient Technologies Inc. (OTC:RDDTF). Aurora has other holdings as well.

  • [By ]

    British Columbia and Alberta have chosen a different strategy where retail sales will be allowed through both public and private stores, similar to its current setup for liquor retail in the provinces. Retailers will have to get their supply of cannabis from the government's wholesale distribution system, similar to how it works for alcohol now. The government will control online cannabis sales exclusively Our take: British Columbia also announced that physical retailing of cannabis and liquor will have to be separate, meaning stores cannot sell both products. This rule has an impact on existing liquor retailers aiming to convert some of their stores to sell cannabis. Aurora invested in Liquor Stores (renamed to Alcanna (OTCPK:LQSIF)) which has been struggling for years in the liquor business. Other pharmacy chains will also participate in the RFP as we have seen in Loblaw's recent win in Newfoundland and Labrador. We think for many cannabis companies the path to winning those retail licenses will be a challenging one with the competition from multiple sources. The licenses will be hotly contested given that B.C. is the largest market to allow private retailing, leaving us cautious on those companies betting big on winning those contracts. The likely outcome is that a large number of companies will each win fewer contracts.

Top 10 Gold Stocks To Watch For 2019: New York Times Company (NYT)

Advisors' Opinion:
  • [By Asit Sharma]

    For several quarters, The New York Times'�(NYSE:NYT)�earnings conference calls have centered on opportunities arising from the company's booming digital customer growth. No longer do executives face innumerable questions from analysts on weak print customer volume, or declining print advertising spends. Now, discussions revolve around the journalism and media giant's strategies to maintain its online services momentum.

  • [By Natalie Walters]

    The New York Times (NYSE:NYT)�made a point of alerting investors in its latest earnings call that it would be shifting its attention to some big TV and film projects this year.�

  • [By Douglas A. McIntyre]

    In just a few weeks, the largest publicly traded newspaper companies will post their first-quarter results. Other than New York Times Co. (NYSE: NYT), which has had success selling digital subscriptions, last year’s typical results were revenue drops of 5% to 10%.

  • [By Natalie Walters]

    The New York Times Co. (NYSE:NYT) has been under additional scrutiny since the 2016 election as President Donald Trump continues to call out the flagship publication for what he deems "fake news." But the company is holding up under the spotlight, reporting quarterly revenue of $413.9 million, up from $398 million in the year-ago quarter.

Top 10 Gold Stocks To Watch For 2019: Consolidated Communications Holdings Inc.(CNSL)

Advisors' Opinion:
  • [By Ethan Ryder]

    Consolidated Communications (NASDAQ: CNSL) is one of 74 public companies in the “Telephone communication, except radio” industry, but how does it contrast to its peers? We will compare Consolidated Communications to related companies based on the strength of its analyst recommendations, profitability, earnings, dividends, institutional ownership, valuation and risk.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Consolidated Communications (CNSL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Gold Stocks To Watch For 2019: Textainer Group Holdings Limited(TGH)

Advisors' Opinion:
  • [By Stephan Byrd]

    Textainer Group (NYSE: TGH) is one of 17 public companies in the “Equipment rental & leasing, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Textainer Group to related businesses based on the strength of its dividends, analyst recommendations, earnings, institutional ownership, profitability, risk and valuation.

  • [By Ethan Ryder]

    Textainer Group (NYSE: TGH) is one of 17 publicly-traded companies in the “Equipment rental & leasing, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Textainer Group to similar companies based on the strength of its analyst recommendations, valuation, institutional ownership, profitability, earnings, dividends and risk.

  • [By Stephan Byrd]

    Massachusetts Financial Services Co. MA lowered its position in Textainer Group Holdings (NYSE:TGH) by 3.0% in the first quarter, HoldingsChannel.com reports. The fund owned 510,850 shares of the transportation company’s stock after selling 16,067 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Textainer Group were worth $8,659,000 at the end of the most recent reporting period.

  • [By Reuben Gregg Brewer]

    Although Textainer Group Holdings Limited (NYSE:TGH) and Teekay Corporation (NYSE:TK) are both focused on the shipping industry, they go about it in vastly different ways. Both companies were hit hard by industry downturns, but Textainer started to see a notable improvement in its container business in 2017. Teekay's collection of ship-owning businesses in the energy sector, on the other hand, continued to struggle overall -- but signs seem to point to an upturn this year. Which one is the better buy today?

  • [By Shane Hupp]

    These are some of the news stories that may have effected Accern’s scoring:

    Get Textainer Group alerts: Head to Head Survey: Textainer Group (TGH) vs. The Competition (americanbankingnews.com) Textainer Group (TGH) Upgraded by ValuEngine to “Buy” (americanbankingnews.com) Financial Comparison: Textainer Group (TGH) vs. The Competition (americanbankingnews.com) Aircastle (AYR) versus Textainer Group (TGH) Head-To-Head Comparison (americanbankingnews.com) Critical Comparison: Textainer Group (TGH) and Its Rivals (americanbankingnews.com)

    Shares of Textainer Group stock opened at $17.85 on Friday. The stock has a market capitalization of $1,019.18, a P/E ratio of 43.54 and a beta of 2.50. Textainer Group has a 1 year low of $9.60 and a 1 year high of $26.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 2.28.

Top 10 Gold Stocks To Watch For 2019: Rowan Companies Inc.(RDC)

Advisors' Opinion:
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers MDC Partners Inc. (NASDAQ: MDCA) fell 23.4 percent to $5.25 in pre-market trading after a first-quarter earnings miss. Hudson Technologies Inc. (NASDAQ: HDSN) shares fell 15.1 percent to $3.48 in pre-market trading after the company reported downbeat Q1 earnings. Nuance Communications, Inc. (NASDAQ: NUAN) fell 14 percent to $13.15 in pre-market trading after the company posted downbeat Q2 earnings and lowered FY18 organic growth guidance. Myomo, Inc. (NYSE: MYO) fell 13.2 percent to $3.10 in pre-market trading after reporting downbeat quarterly results. Rowan Companies plc (NYSE: RDC) shares fell 10.7 percent to $14.13 in pre-market trading after climbing 8.50 percent on Wednesday. BT Group plc (NYSE: BT) fell 9 percent to $14.80 in pre-market trading after the company reported Q4 results and announced plans to cut 13,000 jobs over the next three years. Exelixis, Inc. (NASDAQ: EXEL) fell 8.3 percent to $19.90 in pre-market trading after the company disclosed that IMblaze370 Phase 3 pivotal trial of atezolizumab and cobimetinib in patients with heavily pretreated locally advanced or metastatic colorectal cancer did not meet primary endpoint. Infinera Corporation (NASDAQ: INFN) fell 8.2 percent to $10.80 in pre-market trading after reporting Q1 results. Synaptics, Incorporated (NASDAQ: SYNA) shares fell 7.4 percent to $43.00 in pre-market trading. Synaptics reported better-than-expected earnings for its third quarter, while sales missed estimates. Randgold Resources Limited (NASDAQ: GOLD) shares fell 7.4 percent to $76.23 in pre-market trading after reporting Q1 earnings. Integra LifeSciences Holdings Corporation (NASDAQ: IART) shares fell 7 percent to $59.36 in pre-market trading. Integra LifeSciences priced its 5.25 million share public offering of common stock at $58.50 per share. Array BioPharma Inc. (NASDAQ: ARRY) shares fell 6.9 percent to $12.75 in pre-m

Top 10 Gold Stocks To Watch For 2019: Monotype Imaging Holdings Inc.(TYPE)

Advisors' Opinion:
  • [By Max Byerly]

    Zscaler (NASDAQ: ZS) and Monotype Imaging (NASDAQ:TYPE) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, dividends, earnings, institutional ownership and risk.

  • [By Joseph Griffin]

    Monotype Imaging (NASDAQ:TYPE) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Top 10 Gold Stocks To Watch For 2019: TherapeuticsMD, Inc.(TXMD)

Advisors' Opinion:
  • [By ]

    TherapeuticsMD (Nasdaq: TXMD) is a pharmaceutical company with an exclusive focus on products for women and advanced hormone therapies. Biotech stocks are often a target for short sellers because of the uncertainty around drug development and approvals.

  • [By Stephan Byrd]

    TherapeuticsMD Inc (NASDAQ:TXMD) was down 5% on Tuesday . The company traded as low as $5.80 and last traded at $5.85. Approximately 3,392,267 shares changed hands during trading, an increase of 65% from the average daily volume of 2,057,881 shares. The stock had previously closed at $6.16.

  • [By Ethan Ryder]

    TherapeuticsMD Inc (NASDAQ:TXMD)’s share price was up 6.4% on Friday . The stock traded as high as $6.07 and last traded at $6.02. Approximately 2,747,655 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 1,984,159 shares. The stock had previously closed at $5.66.

Top 10 Gold Stocks To Watch For 2019: Gerdau S.A.(GGB)

Advisors' Opinion:
  • [By Shane Hupp]

    AMG Funds LLC lessened its stake in Gerdau (NYSE:GGB) by 12.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 256,979 shares of the basic materials company’s stock after selling 35,501 shares during the quarter. AMG Funds LLC’s holdings in Gerdau were worth $1,198,000 at the end of the most recent reporting period.

Top 10 Gold Stocks To Watch For 2019: NetApp Inc.(NTAP)

Advisors' Opinion:
  • [By Logan Wallace]

    Pivotal Research set a $74.00 price target on NetApp (NASDAQ:NTAP) in a research note released on Wednesday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the data storage provider’s stock.

  • [By Joseph Griffin]

    NetApp (NASDAQ:NTAP) received a $83.00 price objective from DA Davidson in a research note issued on Thursday. The brokerage presently has a “buy” rating on the data storage provider’s stock. DA Davidson’s price target would suggest a potential upside of 23.60% from the company’s current price. DA Davidson also issued estimates for NetApp’s Q1 2019 earnings at $0.66 EPS, Q2 2019 earnings at $0.75 EPS, Q4 2019 earnings at $0.88 EPS, FY2019 earnings at $3.11 EPS, Q1 2020 earnings at $0.80 EPS, Q2 2020 earnings at $0.86 EPS, Q3 2020 earnings at $0.94 EPS, Q4 2020 earnings at $1.03 EPS and FY2020 earnings at $3.65 EPS.

  • [By Jon C. Ogg]

    NetApp�Inc. (NASDAQ: NTAP) was reiterated as Outperform and the price target was raised to $75 from $73 (versus a $66.79 close) at BMO Capital Markets. The 52-week trading range is $37.43 to $72.85, and the consensus price target is $70.30.

  • [By Taylor Cox]

    Notable Earnings

    Tiffany & Co. (NYSE: TIF) Q1 premarket Ralph Lauren Corporation (NYSE: RL) Q4 premarket Target Corporation (NYSE: TGT) Q1 premarket Lowe’s Companies, Inc (NYSE: LOW) Q1 premarket L Brands, Inc (NYSE: LB) Q1 after hours NetApp, Inc (NASDAQ: NTAP) Q4 after hours

    IPOs

Sunday, May 27, 2018

Reviewing Argo Group (AGII) and Stewart Information Services (STC)

Argo Group (NASDAQ: AGII) and Stewart Information Services (NYSE:STC) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Volatility and Risk

Get Argo Group alerts:

Argo Group has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500. Comparatively, Stewart Information Services has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500.

Institutional & Insider Ownership

80.7% of Argo Group shares are owned by institutional investors. Comparatively, 86.4% of Stewart Information Services shares are owned by institutional investors. 5.2% of Argo Group shares are owned by company insiders. Comparatively, 2.3% of Stewart Information Services shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Argo Group and Stewart Information Services’ revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Argo Group $1.77 billion 1.12 $50.30 million ($0.42) -140.12
Stewart Information Services $1.96 billion 0.52 $48.65 million $2.17 19.91

Argo Group has higher earnings, but lower revenue than Stewart Information Services. Argo Group is trading at a lower price-to-earnings ratio than Stewart Information Services, indicating that it is currently the more affordable of the two stocks.

Dividends

Argo Group pays an annual dividend of $1.08 per share and has a dividend yield of 1.8%. Stewart Information Services pays an annual dividend of $1.20 per share and has a dividend yield of 2.8%. Argo Group pays out -257.1% of its earnings in the form of a dividend. Stewart Information Services pays out 55.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Profitability

This table compares Argo Group and Stewart Information Services’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Argo Group 2.15% -0.01% N/A
Stewart Information Services 2.09% 7.01% 3.40%

Analyst Ratings

This is a summary of current ratings and price targets for Argo Group and Stewart Information Services, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Argo Group 0 0 1 0 3.00
Stewart Information Services 0 1 0 0 2.00

Argo Group presently has a consensus price target of $62.00, indicating a potential upside of 5.35%. Stewart Information Services has a consensus price target of $46.00, indicating a potential upside of 6.46%. Given Stewart Information Services’ higher probable upside, analysts clearly believe Stewart Information Services is more favorable than Argo Group.

Summary

Stewart Information Services beats Argo Group on 9 of the 16 factors compared between the two stocks.

About Argo Group

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. The U.S. Operations segment underwrites primary and excess specialty casualty, and commercial multi-peril, as well as contract, product, environmental, and auto liability products; and workers compensation, general, management, errors and omissions, and public entity liability risks. This segment distributes its products through a network of wholesale agents and brokers. Its International Operations segment offers coverage for long-tail casualty and general liability; catastrophe reinsurance, and direct and facultative excess reinsurance; professional indemnity, directors and officer's liability, and medical malpractice; and direct and facultative excess reinsurance, North American and international binders, and residential collateral protection for lending institutions. This segment also underwrites risks of general liability, international casualty, and motor treaties; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance. It sells its reinsurance products through brokers and third-party intermediaries. Argo Group International Holdings, Ltd. was founded in 1986 and is headquartered in Pembroke, Bermuda.

About Stewart Information Services

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services. The company operates in two segments, Title Insurance and Related Services, and Ancillary Services and Corporate. The Title Insurance and Related Services segment is involved in searching, examining, closing, and insuring the condition of the title to real property. This segment also offers centralized title services, including title and closing, post-closing, default, and REO-related title services; home and personal insurance services; and services for tax-deferred exchanges. The Ancillary Services and Corporate segment primarily provides search, appraisal, and valuation services to the mortgage industry. The company serves homebuyers and sellers, residential and commercial real estate professionals, mortgage lenders and servicers, title agencies and real estate attorneys, home builders, and mortgage brokers and investors. It operates in the United States, Canada, the United Kingdom, Australia, Central Europe, and internationally. Stewart Information Services Corporation was founded in 1893 and is headquartered in Houston, Texas.

Saturday, May 26, 2018

Alberto Becomes First Named Storm, on Path to Drench U.S. South

Meet Alberto, the first named storm of 2018.

The sub-tropical storm off Mexico’s Yucatan Peninsula is expected to bring heavy rain to western Cuba and much of Florida early next week, the National Hurricane Center in Miami said Friday.

Alberto will probably have little impact on Gulf of Mexico offshore oil and gas platforms as it scrapes by the production region, headed toward landfall early next week bringing needed rain to crops in the Mississippi River valley. Sub-tropical storms lack the complete structure needed to become classical tropical storms.

“There’s not enough time for it to have a significant impact,” said Matt Rogers, president of the Commodity Weather Group LLC in Bethesda, Maryland. “It is short lived, making landfall Monday or early Tuesday. And it is going to be a low-end tropical storm.”

The Atlantic hurricane season officially starts June 1 and storms in the Gulf are closely watched because 5 percent of U.S. natural gas and 17 percent of crude oil production comes out of the region, according to the Energy Information Administration. In addition, onshore areas along the coastline account for about 45 percent of U.S. refining capacity and 51 percent of gas processing.

Models track the potential storm north across the Gulf, bringing it into the coastline somewhere between Mobile Bay in Alabama and the Florida Panhandle region, Steve Silver, a meteorologist with Radiant Solutions in Gaithersburg, Maryland, said by telephone. On that path it won’t have “a major impact.”

Heavy rain will fall across Alabama, Georgia and Florida, which could cause some flooding in cotton and peanut fields in the region, but overall the storm will probably help farmers to the north and west, said Dale Mohler, a meteorologist with AccuWeather Inc. in State College, Pennsylvania.

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Friday, May 25, 2018

Target Pays a Steep Price for More Customer Traffic

Target�(NYSE:TGT) has made it clear to investors that they should brace for lower profitability in the business as the retailer invests in the digital sales channel and cuts prices at its physical locations. The good news is that those initiatives yielded solid sales growth to kick of Target's fiscal 2018. However, the company had to sacrifice a chunk of its earnings power to achieve that top-line expansion.

Let's take a closer look at the first-quarter results.

�Metric

Q1 2018

Q1 2017

Growth (YOY)

Revenue

$16.6 billion

$16 billion

3.5%

Net income

$718 million

$678 million

5.9%

Earnings per share

$1.34

$1.23

8.9%

Data source: Target's financial filings.�YOY = year over year.

What happened with Target this quarter?

Sales growth held up well and nearly matched Target's strong holiday-quarter results thanks to solid customer traffic numbers. Yet the company's profitability fell at a quicker pace than management had projected.�

Two women next to a clothing rack, examining a shirt

Image source: Getty Images.

The key highlights of the quarter included:

Comparable-store sales rose 3% thanks to a 3.7% spike in customer traffic that marked Target's best performance on that metric in a decade. Target outpaced rival Walmart, which only lifted customer traffic by 0.8% in the period as comps rose 2.1%. E-commerce sales jumped 28% and now make up 5.2% of total revenue, up from 4.2% a year ago. Average spending per shopper declined, in part because of lower prices that pushed Target's gross profit margin down to 29.8% of sales from 30% a year ago. Operating costs jumped, too, due to increased investments in the digital business. As a result, operating income declined 10% to $1 billion. A sharply reduced tax liability lifted net profits even though operating income dropped.� Target spent $827 million on capital investments while returning about the same amount to shareholders through dividends and stock buybacks. What management had to say

Management highlighted its customer traffic wins, which came despite unfavorable weather in April. "We're very pleased that our business continued to generate strong traffic and sales growth in the first quarter," CEO Brian Cornell said in a press release.

"Our performance," he continued, "reflects the benefit of our unique multi-category portfolio. Strong sales growth in our home, essentials and food & beverage categories offset the impact of delayed sales in temperature-sensitive categories." The gains resulted in "broad market share gains across its core merchandise categories," according to the press release

Looking forward

Cornell and his team said they've seen that positive traffic momentum accelerate into the start of the second quarter, just as other retailers like Walmart and Home Depot have noticed. That means comps could reach into the mid-single-digit range for the current quarter. However, Target left its full-year outlook in place, which calls for only modestly higher sales in 2018.

The profit outlook isn't as bright. Target posted a 13% drop in operating earnings in 2017 and, while executives warned that this year will also be an investing year, they are hoping to slow that slide before eventually expanding profitability again. Time will tell where the retailer's profit power lands after it completes its transformation into an omnichannel seller. But this quarter's weakening metrics point to more declines ahead, especially as Target rolls out its same-day online delivery services nationwide.

Wednesday, May 23, 2018

3 Stocks That Are Absurdly Cheap Right Now

Investors are wise to check out the bargain bin of stocks when they can. Many times, fickle investors will offload a company after a few bad quarters without taking a good look at its long-term prospects. That can sometimes lead to great buying opportunities for those who are playing the long game.

We asked a handful of Motley Fool contributors for a few stocks that they think are both cheap and great deals right now, and they came back with�Wells Fargo (NYSE:WFC), Walt Disney (NYSE:DIS), and Apple (NASDAQ:AAPL). Read on to find out why.

A hand stacking quarters on a table.

Image source: Getty Images.

This bank is downright cheap

Jordan Wathen (Wells Fargo): The scandals coming out of Wells Fargo have generated a lot of noise, but I'm not convinced they have completely tarnished its long-term earnings power. Shares trade at about 12 times consensus earnings estimates, a price that I believe will prove to be a bargain.

What makes Wells Fargo so attractive is the quality of its retail deposit franchise, which helped it source an average of $748 billion of deposits in the first quarter of 2018. As "America's largest community bank," the company ranks No. 1 or No. 2 by deposits in 22 U.S. states, giving it the scale to compete aggressively against smaller regional and super-regional banks for high-quality loans across the country.

And while the headlines might imply that Wells Fargo is losing goodwill with customers, the numbers fail to show it. At its recent investor day, the San Francisco-based bank said that primary consumer checking attrition was the lowest in five years, suggesting that all the retail customers who might leave the bank have already done so.

An investment in Wells Fargo won't be an overnight winner. Investors are discounting it for the risk that it could be several quarters, perhaps even years, before regulators allow it to grow again. But at roughly 10 times earnings, Wells Fargo is priced as if it will forever be constrained to a $2 trillion balance sheet. I'll take the over.

Don't count out the House of Mouse

Danny Vena (Walt Disney): Based on the company's stock performance over the last three years, you'd think that Disney�was on death's doorstep. While the broader market has gained about 27%, Disney has fallen more than 5%, and currently trades at an absurdly cheap 13 times trailing earnings.

While it's true the company's media networks segment -- its biggest moneymaker -- has been in secular decline, there's plenty of gas left in Disney's tank.

The phenomenon of cord-cutting has wreaked havoc on cable networks in general and Disney in particular. ESPN, the company's flagship sports network, commands a higher percentage of the average cable bill, so it stands to reason that declining cable subscribers would hit Disney more than most.

That said, it's important to remember that the media networks segment is becoming a smaller contributor to Disney's top and bottom line.

Fiscal Year

Media Networks Revenue

Percent of Total Revenue

Media Networks Operating Income

Percent of Total Operating Income

2013

$20.36 billion

45%

$6.82 billion

64%

2017

$23.51 billion

43%

$6.90 billion

47%

Data sources: Disney's financial releases.

While Disney's cash cow continues its evitable but very slow decline, other segments are ramping up their contributions.

The company's film studios -- which include Marvel, Lucasfilm, Pixar, and Disney -- have had a string of blockbusters that have ruled at the box office.�Avengers: Infinity War and Black Panther�have grossed $1.7 billion and $1.3 billion, respectively. Last year's�Star Wars: The Last Jedi and Beauty and the Beast�combined to generate $2.6 billion in ticket sales.�

The company is also set to step firmly into the streaming market, with its recent release of ESPN+ and next year's launch of its Disney-branded streaming service.

With all that going for it, Disney isn't going to be dirt cheap for much longer.

A tech giant you can buy for a song

Chris Neiger (Apple):�Investors looking for a great buying opportunity in the tech sector right now should give strong consideration to the iPhone maker. Apple's shares trade at just 14 times the company's forward earnings, and despite some investors' bearish sentiment toward the stock right now, the company still has lots of growth opportunities.

For example, in the second quarter, Apple saw its services revenue (which includes Apple Pay, Apple Music, and the App Store) jump 31% from the year-ago quarter to $9.1 billion. The company's services segment now accounts for 15% of its top line, up from 13% a year ago.�Apple CEO Tim Cook said last year that he wants the company to double its services revenue by 2020, and the most recent quarter helps put the tech giant closer to that goal.

Apple bears have pointed to a slowing smartphone market as a reason to be worried about the company's future. But investors need to be careful not to get hung up on some analysts' iPhone sales predictions.�

For instance, analysts were expecting iPhone sales of 53 million in the second quarter, while Apple delivered 52.2 million. But iPhone revenue still grew by an acceptable 14% year over year, total revenue was up 16% year over year, and Apple's diluted earnings per share popped 30% to $2.73. The result of the strong quarter made the company's shares start moving back up once again. The company's strong overall performance in the second quarter -- and the resulting share-price gains -- shows how silly it can be to bet against Apple's stock based on what a few analysts are predicting.

Apple is continually proving its skeptics wrong and delivering strong sales, earnings, and share-price growth for its investors. That's why investors who are looking for a cheap stock right now would be wise to pick up Apple's shares at their current discount.

Tuesday, May 22, 2018

Best Gold Stocks For 2019

tags:AVLIF,ECL,BDL,MNK,

Shares of toy maker Hasbro plummeted in premarket trading Monday after the company posted weaker-than-expected earnings following the liquidation of Toys R Us.

"As we discussed earlier in the year, our first quarter was expected to be difficult," CEO Brian Goldner said in a statement Monday. "We are working to put the near-term disruption from Toys R Us behind us."

Hasbro warned in February that residual effects from the bankruptcy of Toys R Us would weigh heavily on the brand for the first two quarters of 2018. Toys R Us said announced its liquidation last month.

Getty Images The board game Monopoly by toymaker Hasbro at a toy store in New York City.

Here's what Hasbro reported compared with projections by a Thomson Reuters survey of analysts:

Best Gold Stocks For 2019: Advantage Lithium Corp. (AVLIF)

Advisors' Opinion:
  • [By ]

    Advantage Lithium (OTCQX:AVLIF) is a strategic advanced junior lithium exploration company that operates between Lithium Americas and Orocobre in the Cauchari-Olaroz basin. Orocobre is the largest shareholder in the company with a 30% equity stake, coupled with a 25% interest in the project. Over the past few months, the company has been moving towards completing the second stage of its drilling campaign, which will be completed in May 2018 and will then be followed on with an updated Natural Resource Estimate Study. This will allow the company to move into phase three of its drilling efforts, which will utilize larger drills to further define the resource, with a Feasibility Study expected to be completed in the first part of 2019.

  • [By ]

    The following 6 companies are on the bench for the index:

    Advantage Lithium (OTCQX:AVLIF) Argosy Minerals (OTCPK:ARYMF) Bacanora Minerals (OTC:BCRMF) Critical Elements (OTCQX:CRECF) NEO Lithium (OTCQX:NTTHF) Wealth Minerals (OTCQX:WMLLF)

    "Bench" is a sports analogy meaning that one or more of them could be added in the future if one of the above companies becomes a producer, is acquired, or the market capitalization ("cap") of one or more of the index holdings falls significantly below that of one or more companies on the bench.

Best Gold Stocks For 2019: Ecolab Inc.(ECL)

Advisors' Opinion:
  • [By ]

    3. Ecolab (NYSE: ECL)
    This water, hygiene, and energy services company is being heavily bought by Bill Gates. Mr. Gates has purchased around a million shares across several transactions in the last 30 days. His purchase price was between $134.00 and $137.00 per share.

  • [By ]

    Ecolab (ECL) : "That's a terrific situation that I want you to buy more of if it comes down."

    PTC (PTC) : "Not my cup of tea but I understand it's in the sweet spot of tech."

  • [By ]

    In the Lightning Round, Cramer was bullish on Goldman Sachs (GS) , Berkshire Hathaway (BRK.B) , Ecolab (ECL) , PTC (PTC) , Arista Networks (ANET) , U.S. Concrete (USCR) and Masco (MAS) .

Best Gold Stocks For 2019: Flanigan's Enterprises Inc.(BDL)

Advisors' Opinion:
  • [By Lisa Levin] Gainers Blink Charging Co. (NASDAQ: BLNK) shares jumped 26.5 percent to $6.9042. Blink Charging reported Q1 net income of $2.2 million, versus a year-ago net loss of $3.1 million. Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares climbed 17.4 percent to $3.11. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share. Flanigan's Enterprises, Inc. (NYSE: BDL) shares jumped 17 percent to $27.97 following Q2 results. Flanigan's Enterprises posted Q2 earnings of $0.75 per share on sales of $29.456 million. Borqs Technologies, Inc. (NASDAQ: BRQS) rose 15.8 percent to $8.05 after reporting Q1 results. Abaxis, Inc. (NASDAQ: ABAX) jumped 15.3 percent to $82.75. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash. 21Vianet Group, Inc. (NASDAQ: VNET) gained 15.1 percent to $6.33. Gemphire Therapeutics Inc. (NASDAQ: GEMP) rose 13.8 percent to $6.27. Enphase Energy, Inc. (NASDAQ: ENPH) gained 12.8 percent to $5.98. H.C. Wainwright initiated coverage on Enphase Energy with a Buy rating. PetIQ Inc (NASDAQ: PETQ) shares surged 12.1 percent to $21.68 after reporting a first-quarter sales beat. NF Energy Saving Corporation (NASDAQ: NFEC) climbed 11.6 percent to $2.399. Allied Healthcare Products, Inc. (NASDAQ: AHPI) surged 11.4 percent to $3.0643. Boot Barn Holdings, Inc. (NYSE: BOOT) gained 11.1 percent to $24.40 after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance. Ascena Retail Group, Inc. (NASDAQ: ASNA) rose 10.9 percent to $3.16. Sea Limited (NYSE: SE) gained 10.1 percent to $11.71 after reporting Q1 results. GEE Group, Inc. (NYSE: JOB) climbed 7.9 percent to $2.61 following Q2 results. The ONE Group Hospitality, Inc. (NASDAQ: STKS) gained 7.6 percent to $2.41 after reporting Q1 results. Biolinerx Ltd/S ADR (NASDAQ: BLRX) rose 7.3 percent to $0.8798 after the company was granted a patent approval. The clinical-st

Best Gold Stocks For 2019: Mallinckrodt plc(MNK)

Advisors' Opinion:
  • [By Ethan Ryder]

    Oppenheimer restated their hold rating on shares of Mallinckrodt (NYSE:MNK) in a report issued on Tuesday.

    A number of other research analysts have also recently commented on MNK. Morgan Stanley lowered their price target on Mallinckrodt from $27.00 to $14.00 and set an equal weight rating on the stock in a report on Wednesday, May 9th. Canaccord Genuity set a $14.00 price target on Mallinckrodt and gave the stock a hold rating in a report on Tuesday, May 8th. B. Riley began coverage on Mallinckrodt in a report on Wednesday, May 2nd. They issued a neutral rating and a $15.00 price target on the stock. Mizuho reissued a hold rating and issued a $15.00 price target on shares of Mallinckrodt in a report on Thursday, May 3rd. Finally, Barclays set a $12.00 price target on Mallinckrodt and gave the stock an underweight rating in a report on Wednesday, May 9th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the company. Mallinckrodt currently has an average rating of Hold and an average price target of $31.26.

  • [By ]

    Cramer was bearish on Melco Resorts (MLCO) , Tallgrass Energy Partners (TEP) , Mallinckrodt (MNK) , Roku (ROKU) and Scotts Miracle-Gro (SMG) .

    Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

  • [By Paul Ausick]

    Mallinckrodt PLC (NYSE: MNK) traded down about 3.5% Friday to post a new 52-week low of $11.65 after closing Thursday at $12.07. The stock’s 52-week high is $49.12. Volume was about 10% below the daily average of around 3.9 million shares. The company had no specific news.

  • [By Lisa Levin] Companies Reporting Before The Bell Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion. Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion. Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion. Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion. Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million. The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion. Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion. US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion. DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion. Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million. Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion. Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion. Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion. JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o
  • [By ]

    Mallinckrodt (MNK) : "They had a better-than-expected quarter, but I am worried and I'm staying away."

    Roku (ROKU) : "I thought they had a good quarter, but I'm concerned with Amazon (AMZN) coming in."

Monday, May 21, 2018

Why Barclays' Mortgage Deal Is Not a Sign To Enter Ireland

Last week, Barclays (NYSE: BCS) acquired £4.3 billion ($5.8 billion) worth of Irish residential mortgage loans from Lloyds Banking Group (NYSE: LYG). The portfolio comprises around 27,000 mortgages, originated between 2004 and 2010. Of the total loans acquired, nearly £300 million are impaired.

Mortgage loan portfolio incurred a pre-tax loss of roughly £40 million in 2017. Notably, Lloyds is expected to record £110 million in pre-tax loss on the deal in second-quarter 2018.

So, why has Barclays purchased this loan portfolio? The bank is definitely not interested in entering Irish mortgage market.

Well, given the growing demand for securitized mortgage deals, Barclays plans to package and sell these Irish loans over the next two months. The group of investors that has shown interest in buying residential mortgage backed securities includes M&G Investments, the investment management division of British insurer Prudential Plc (NYSE: PRU) and Pacific Investment Management Co. ("PIMCO").

Though the deal looks similar to the repackaging of home loans for resale to investors that was one of the primary reasons for the 2008 financial crisis, certain changes in the regulations as to how such deals are to be formed and sold means that these are expected to be less risky.

Under the new rules, Barclays will be required to retain at least 5% of the Lloyds' mortgages. This will align with the bank's interest in the deal similar to other investors.

Additionally, the securitization deal is not expected to hurt Barclays' capital in the long term.

This agreement comes at the heels of another one announced last month. Barclays, along with other investors had purchased £5.3 billion worth of residential mortgages from the British ‘bad bank.' PIMCO funded the deal, with Barclays and five other banks planning to buy RMBS to help finance the acquisition.

As European banks intend to focus on their core operations and shrink balance sheet with an aim to comply with stringent capital rules, such deals are likely to continue.

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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Sunday, May 20, 2018

If You Want to Buy Snap, Stop and Buy Facebook Instead

When Snap (NYSE:SNAP) went public, some investors were giddy about getting the opportunity to invest in a company that was so popular with millennials and teens, the groups that will be the economic driving force for the next few decades.

The general narrative was that Snapchat was cool and used by younger people, while Facebook (NASDAQ:FB) was lame and overrun with older folks. But that narrative hasn't led to Snap unseating Facebook as the best-in-class social media company for investors.

Facebook CEO Mark Zuckerberg is pictured talking on stage in front of a screen that shows a ten-year roadmap for Facebook.

Facebook's next 10 years look much more promising than Snap's next decade. Image source: Facebook.

Snap vs. Facebook: pre-IPO and post-IPO periods

Facebook and Snap may both be a morph of a tech and social media company. But that's really where their similarities end. If you look back at Facebook's performance around its IPO and compare it to Snap's performance in the past year, you will see just how different their stories are.�

Facebook went public in 2012 when it was eight years old and valued at just $104 billion. Today, its market cap has grown to $512 billion. Meanwhile, Snap went public last year when it was five years old and valued at $24 billion. Today, its market cap has actually dropped to $13.4 billion. But that's just the beginning of the stark contrast between the two companies around their respective IPOs.�

�Metric �Snap �Facebook�
�Valuation at IPO �$24 billion �$104 billion
�Current Market Cap �$14 billion �$512 billion
�Pre-IPO revenue �$404.5 million �$3.7 billion
�Pre-IPO net income/loss �-$514.6 million �$1 billion

As you can see, when Facebook went public, it had already proven itself the year before by growing its revenue 88% year over year to $3.7 billion. It also reported a net income of $1 billion that year. On the other hand, Snap�lost $514.6 million in the year prior to going public. While Snap's revenue did show an impressive year-over-year growth rate of 589.1% to $404.5 million that year, Snap had easier year-over-year comparisons than Facebook. Furthermore, Facebook was profitable and Snap was far from it.�

If you compare Facebook and Snap in the year after their respective IPOs, it's much of the same story. Snap's revenue grew 104% year over year to $824.9 million in the year after its IPO, but that's compared to a modest $404.5 million revenue generated the year prior. Plus Snap still lost $720 million in 2017. For comparison, the year after Facebook went public, it had an impressive revenue of $5.1 billion, an increase of 37% over the previous year's already impressive $3.7 billion. And unlike Snap, Facebook was profitable in the year after its IPO, bringing in net income of $53 million.�

And despite the large revenue base, Facebook continues to pull off impressive top-line growth five years after going public. For 2017, Facebook's revenue increased 47% year over year to $40.7 billion. Based on Snap's performance so far, you'd be hard-pressed to find someone who could envision the company pulling off that type of growth in 2022.�

Snap vs. Facebook: addressable market and growth

If you zoom out and look at the two companies' overall addressable market, Facebook swamps Snap. In fact, Snap's addressable market is estimated to be 80% smaller than that of Facebook, and Snap has already passed 50% penetration, according to a Needham analyst.

That's because Snapchat is mainly used by millennials, while Facebook is used by both millennials and older generations. Snap tried to address this issue with its recent redesign that was supposed to make its app easier to use for older people. However, in redesigning its app, Snap alienated its core millennial users, who complained that the redesign�made the app harder to use. The company even had to walk back on some of the changes to help appease its base audience.�

Snapchat's growth has also been limited by its poor Android app, which has been criticized for its lag time, random crashes, and picture and video quality. Snap is attempting to address those issues with an all-new Android app that's expected to debut sometime between July and September.��

This all explains why even though Facebook is 14 years old, it still managed to grow its daily active users (DAUs) 13% year over year to 1.45 billion this past quarter, beating expectations. This also represented a 3.5% increase in DAUs just from the previous quarter.�

Meanwhile six-year-old Snap's user growth already seems to have peaked. For the past quarter, the company�reported a 15% year-over-year growth to 191 million DAUs, missing estimates for 194.2 million. Even worse, Snap's DAUs grew just 2% from the past quarter -- its slowest user growth rate ever, down from 5% growth in the fourth quarter and 3% in the third quarter.

To sum things up, Snap is less than half the age of Facebook, but its user growth rate is already slower than Facebook.

Snapchat vs. Facebook's Instagram: product superiority

Besides its smallish addressable market, another reason Snap is struggling to grow is because Facebook-owned Instagram tends to copy Snapchat's best features, apply them to its larger installed base, and make them better.�

For example, Snapchat was the one who first created the popular Stories feature that allows users to set photos and videos as their status for 24 hours before they disappear. However, Snapchat's app has just 191 million daily active users (DAUs) while Instagram's copycat Stories feature hit 300 million daily users back in November. Instagram was able to beat Snap at its own game.�

Knowing that, it might not surprise you that some researchers estimate Instagram to be worth an incredible $100 billion. That means Facebook's side photo-sharing app Instagram is worth about seven times Snap's entire $14 billion market cap.�Despite all the comparisons between Snapchat and Instagram, they really aren't as comparable outside of the fact that they allow people to share photos.�

Conclusion: Facebook trumps Snap

As you can see, after a closer look, Facebook and Snap hardly seem comparable.

Snap seems further than ever from profitability after its latest dismal quarter�and as it continues to struggle to grow outside of the millennial age group. Things seem particularly hopeless after its much-hyped redesign geared toward non-digital natives fell flat with its core users. And yet, with a price-to-sales ratio of 14.6 for the trailing twelve months, Snap investors are still having to pay a premium for shares of the unprofitable company.

On the other hand, Facebook has been profitable since 2009 and just hit an incredible 1.45 billion daily active users. And that's not even taking into account the over 800 million users that its other social media app Instagram reported last September. Even with all that, shares of Facebook trade at a lower price-to-sales ratio than Snap, making it even more clear which social media company is a better choice for investors.�

Saturday, May 19, 2018

Reviewing HRG Group (HRG) & Maxwell Technologies (MXWL)

HRG Group (NYSE: HRG) and Maxwell Technologies (NASDAQ:MXWL) are both consumer staples companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends.

Volatility and Risk

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HRG Group has a beta of 1.48, suggesting that its share price is 48% more volatile than the S&P 500. Comparatively, Maxwell Technologies has a beta of 0.31, suggesting that its share price is 69% less volatile than the S&P 500.

Institutional and Insider Ownership

94.6% of HRG Group shares are held by institutional investors. Comparatively, 53.6% of Maxwell Technologies shares are held by institutional investors. 1.2% of HRG Group shares are held by insiders. Comparatively, 7.7% of Maxwell Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation & Earnings

This table compares HRG Group and Maxwell Technologies’ revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
HRG Group $5.01 billion 0.50 $106.00 million N/A N/A
Maxwell Technologies $130.37 million 1.54 -$43.12 million ($0.91) -5.82

HRG Group has higher revenue and earnings than Maxwell Technologies.

Profitability

This table compares HRG Group and Maxwell Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
HRG Group 11.05% -7.35% -0.56%
Maxwell Technologies -31.75% -29.38% -16.32%

Analyst Ratings

This is a summary of recent recommendations and price targets for HRG Group and Maxwell Technologies, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HRG Group 0 0 0 0 N/A
Maxwell Technologies 0 1 5 0 2.83

Maxwell Technologies has a consensus target price of $7.00, suggesting a potential upside of 32.08%. Given Maxwell Technologies’ higher possible upside, analysts plainly believe Maxwell Technologies is more favorable than HRG Group.

Summary

HRG Group beats Maxwell Technologies on 7 of the 11 factors compared between the two stocks.

HRG Group Company Profile

HRG Group, Inc., through its subsidiaries, provides various branded consumer products. It operates through two segments, Consumer Products; and Corporate and Other. Its product portfolio includes consumer batteries, such as alkaline and zinc carbon batteries, nickel metal hydride rechargeable batteries, battery chargers, battery-powered portable lighting products, hearing aid batteries, and other specialty battery products; small appliances comprising small kitchen appliances and home product appliances; and personal care products, such as electric shaving and grooming products, hair care appliances, and accessories. The company's product portfolio also comprises hardware and home improvement products, including residential locksets, door hardware, and plumbing products; pet supplies consisting of aquatics, companion animals, and pet food products; home and garden improvement products, such as outdoor insect and weed control solutions, animal repellents, household pest control solutions, and personal use pesticides for protection from various outdoor nuisance pests; and auto care products, including fuel and oil additives, functional fluids and automotive appearance products, do-it-yourself automotive air conditioner recharge products, and performance chemicals, as well as other refrigerant and oil recharge kits, sealants, and accessories. The company sells its products through retailers, wholesalers and distributors, construction companies, hearing aid professionals, industrial distributors, and original equipment manufacturers in approximately 160 countries in North America, Europe, the Middle East, Africa, Latin America, and the Asia-Pacific. The company was formerly known as Harbinger Group Inc. and changed its name to HRG Group, Inc. in March 2015. HRG Group, Inc. was founded in 1954 and is headquartered in New York, New York.

Maxwell Technologies Company Profile

Maxwell Technologies, Inc. develops, manufactures, and markets energy storage and power delivery products worldwide. The company provides ultracapacitor cells, multi-cell packs, modules, and subsystems that provide energy storage and power delivery solutions for applications in automotive, grid energy storage, wind, bus, industrial, and truck industries; and lithium-ion capacitors, which are energy storage devices designed to address various applications in the rail, grid, and industrial markets. It also offers CONDIS high-voltage capacitors, such as grading and coupling capacitors, electric voltage transformers, and metering products that are used to ensure the safety and reliability of electric utility infrastructure and other applications, including transport, distribution, and measurement of high-voltage electrical energy. In addition, the company provides dry battery electrodes for use in electric vehicles. It markets and sells its products through direct and indirect sales channels to integrators and OEMs for use in a range of end products. The company was formerly known as Maxwell Laboratories, Inc. and changed its name to Maxwell Technologies, Inc. in 1996. Maxwell Technologies, Inc. was founded in 1965 and is headquartered in San Diego, California.