Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
Although these aren't the easiest shares to own, and it's not a simple company to model, I continue to believe the story and opportunity are worthwhile. CapitaLand management has shown repeatedly that they can successfully develop and manage properties and recycle capital into new value-creating projects. What's more, the company is a good play on the rising middle class in China, and to a lesser extent, Vietnam, India, and Indonesia. With the shares still about 10% to 15% undervalued, CapitaLand looks like a reasonable option for investors who want exposure to consumer-centric real estate in China and Southeast Asia.
Bad News First - CapitaLand Is Probably Not Well-Placed In Singapore Right NowAlthough CapitaLand's management has shown above-average aptitude for understanding its markets and timing its acquisitions and divestments accordingly, the company seems to be on the wrong foot in Singapore now. Singapore's residential market is heating up again, but CapitaLand hasn't been acquiring land to develop new properties and the cupboard is almost bare. Given the time it takes to develop properties, CapitaLand doesn't have a lot of good options, and I believe management would rather take its lumps and miss a cycle (particularly with more-than-worthwhile opportunities elsewhere) than buy into projects with expected returns below the company's hurdle rate. Along similar lines, CapitaLand's exposure to Singapore's office market is not great and for largely the same reasons.
Top Undervalued Stocks For 2019: Public Service Enterprise Group Incorporated(PEG)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on Public Service Enterprise Group (PEG)
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- [By Stephan Byrd]
Baird Financial Group Inc. lowered its stake in shares of Public Service Enterprise Group Inc. (NYSE:PEG) by 6.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 30,164 shares of the utilities provider’s stock after selling 1,930 shares during the quarter. Baird Financial Group Inc.’s holdings in Public Service Enterprise Group were worth $1,633,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Dean Capital Investments Management LLC trimmed its position in shares of Public Service Enterprise Group Inc. (NYSE:PEG) by 26.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,434 shares of the utilities provider’s stock after selling 3,750 shares during the quarter. Dean Capital Investments Management LLC’s holdings in Public Service Enterprise Group were worth $565,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Joseph Griffin]
BMO Capital Markets lowered shares of Pattern Energy Group (NASDAQ:PEGI) (TSE:PEG) from an outperform rating to a market perform rating in a research note issued to investors on Friday, MarketBeat.com reports.
Top Undervalued Stocks For 2019: iShares Core S&P Total US Stock Mkt (ITOT)
Advisors' Opinion:- [By Shane Hupp]
Traders purchased shares of iShares S&P 1500 Index Fund (BMV:ITOT) on weakness during trading hours on Wednesday. $50.39 million flowed into the stock on the tick-up and $29.44 million flowed out of the stock on the tick-down, for a money net flow of $20.95 million into the stock. Of all equities tracked, iShares S&P 1500 Index Fund had the 33rd highest net in-flow for the day. iShares S&P 1500 Index Fund traded down ($0.14) for the day and closed at $62.27
- [By Todd Shriber, ETF Professor]
Hundreds of exchange traded funds offer investors broad market exposure and many do so with nominal fees. Among the least expensive is the iShares Core S&P Total U.S. Stock Market ETF (NYSE: ITOT).
Top Undervalued Stocks For 2019: Sky-mobi Limited(MOBI)
Advisors' Opinion:- [By Logan Wallace]
Mobius (CURRENCY:MOBI) traded up 0.1% against the dollar during the 24 hour period ending at 18:00 PM ET on February 11th. In the last week, Mobius has traded 3.1% lower against the dollar. One Mobius token can now be bought for approximately $0.0095 or 0.00000260 BTC on exchanges including OTCBTC, Gate.io, Stellar Decentralized Exchange and BitMart. Mobius has a total market capitalization of $4.89 million and approximately $19,445.00 worth of Mobius was traded on exchanges in the last day.
- [By Logan Wallace]
Media coverage about Sky-mobi (NASDAQ:MOBI) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sky-mobi earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 45.6853785900783 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
- [By Logan Wallace]
Mobius (CURRENCY:MOBI) traded 12.4% lower against the US dollar during the 24 hour period ending at 17:00 PM E.T. on September 25th. One Mobius token can now be bought for approximately $0.0265 or 0.00000414 BTC on major cryptocurrency exchanges including Gate.io, Kucoin, BitMart and GOPAX. Over the last week, Mobius has traded up 8.8% against the US dollar. Mobius has a market cap of $10.22 million and approximately $69,762.00 worth of Mobius was traded on exchanges in the last day.
- [By Ethan Ryder]
Mobius (CURRENCY:MOBI) traded 1.2% lower against the dollar during the 1-day period ending at 14:00 PM E.T. on August 21st. In the last week, Mobius has traded down 1.1% against the dollar. One Mobius token can now be bought for about $0.0291 or 0.00000452 BTC on popular cryptocurrency exchanges including GOPAX, BitMart, Gate.io and Stellar Decentralized Exchange. Mobius has a total market capitalization of $11.23 million and approximately $78,528.00 worth of Mobius was traded on exchanges in the last 24 hours.
Top Undervalued Stocks For 2019: NetApp Inc.(NTAP)
Advisors' Opinion:- [By ]
On the earnings call, CFO Jim Kavanaugh called IBM's storage performance "disappointing," and blamed a mixture of competition, price pressure and sales execution issues. Rivals such as HP Enterprise (HPE) and NetApp (NTAP) have been reporting stronger storage growth, as industry demand benefits from an Intel (INTC) server CPU upgrade cycle.
- [By Stephan Byrd]
Profund Advisors LLC lifted its stake in shares of NetApp Inc. (NASDAQ:NTAP) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,660 shares of the data storage provider’s stock after purchasing an additional 1,193 shares during the period. Profund Advisors LLC’s holdings in NetApp were worth $596,000 at the end of the most recent quarter.
- [By Ethan Ryder]
NetApp (NASDAQ:NTAP) shares hit a new 52-week high and low during mid-day trading on Wednesday . The company traded as low as $71.11 and last traded at $71.11, with a volume of 110710 shares changing hands. The stock had previously closed at $69.65.
- [By Motley Fool Transcribers]
NetApp Inc (NASDAQ:NTAP)Q3 2019 Earnings Conference CallFeb. 13, 2019, 2:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Shane Hupp]
NetApp Inc. (NASDAQ:NTAP) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $79.75 and last traded at $78.53, with a volume of 3296451 shares changing hands. The stock had previously closed at $77.31.
- [By Leo Sun]
IBM CEO Ginni Rometty. Image source: IBM.
5 reasons to buy IBM IBM posted its second straight quarter of annual sales growth after almost six years of declines. Its revenue rose 5% annually to $19.07 billion, beating estimates by $390 million. Its non-GAAP earnings also grew 4% to $2.45, topping expectations by $0.06. IBM's closely watched "strategic imperatives" (SI) revenue -- which comes from its higher-growth cloud, social, mobile, security, and analytics businesses -- rose 12% annually (10% on a constant currency basis) to $37.7 billion over the past 12 months. That accounted for 47% of IBM's revenue, compared to 42% a year earlier. This tells us that Big Blue's shift from legacy businesses to higher-growth ones is gradually paying off. IBM also noted, without disclosing an exact figure, that its security revenues also rose 60% annually during the quarter. IBM's total cloud revenue over the past 12 months rose 22% annually (20% in constant currency) to $17.7 billion. For the quarter, its higher-growth cloud-as-a-service revenue rose 25% annually (20% in constant currency) to $10.7 billion, compared to 20% reported growth in the fourth quarter. Three of IBM's four computing business segments (Cognitive Solutions, Global Business Services, and Technology Services & Cloud Platforms) posted positive annual sales growth and topped analyst estimates. IBM's stock remains fairly cheap at less than 11 times this year's earnings, and it pays a forward dividend yield of 3.8%. That low valuation and high yield should limit its downside potential. 5 reasons to sell IBM IBM's total sales were buoyed by a weak dollar. On a constant currency basis, its revenue actually stayed flat year over year during the quarter. On a constant currency basis, its Global Business Services and Technology Solutions & Cloud Platforms revenue would both have declined 1% annually. Its Cognitive Solutions revenue rose 6% in dollars, but just 2% on a constant currency basis. The
Top Undervalued Stocks For 2019: Saul Centers, Inc.(BFS)
Advisors' Opinion:- [By Stephan Byrd]
Teachers Insurance & Annuity Association of America purchased a new position in shares of Saul Centers, Inc. (NYSE:BFS) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 13,437 shares of the real estate investment trust’s stock, valued at approximately $685,000. Teachers Insurance & Annuity Association of America owned approximately 0.06% of Saul Centers at the end of the most recent quarter.
- [By Max Byerly]
Get a free copy of the Zacks research report on Saul Centers (BFS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Saul Centers (NYSE:BFS) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.
- [By Logan Wallace]
Shares of Saul Centers, Inc. (NYSE:BFS) have been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $54.50.
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