Solar stocks took a beating Monday after China cut its national incentives to install solar projects. Shares of solar panel manufacturers Canadian Solar Inc. (NASDAQ:CSIQ) fell as much as 14.5%, JinkoSolar Holding Co. (NYSE:JKS) dropped as much as 17%, and Daqo New Energy Corp (NYSE:DQ) fell as much as 31.3% while inverter manufacturer Enphase Energy Inc (NASDAQ:ENPH) fell up to 13.5%. By early afternoon, most major stocks in the solar industry were down double digits.
So whatThere were two pieces of China's solar ruling, one having to do with distributed generation (DG) and the other with utility-scale solar.
Image source: Getty Images.
On the DG side, China put a cap of 10 gigawatts (GW) for new solar projects in 2018, down from 19 GW installed in 2017. According to Asia Europe Clean Energy Advisory Co (AECEA), there may already be more than 10 GW of DG projects installed in China, so that could make it tough to build any projects in the second half of the year.
Top Clean Energy Stocks To Own Right Now: TheStreet, Inc.(TST)
Advisors' Opinion:- [By Shane Hupp]
WARNING: “TheStreet, Inc. (TST) Given $2.83 Consensus Target Price by Analysts” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/3375008/thestreet-inc-tst-given-2-83-consensus-target-price-by-analysts.html.
- [By ]
Here's what PayPal CEO Dan Schulman told TheStreet (TST) on the latest Jolt podcast about the Amazon threat.
TheStreet: Do your worry about Amazon? To be fair, it won't be easy for them to replicate a business like PayPal overnight -- if at all.
- [By Logan Wallace]
Press coverage about TheStreet (NASDAQ:TST) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TheStreet earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 48.5783795459236 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
- [By ]
TheStreet (TST) caught up with PayPal (PYPL) CEO Dan Schulman on the latest Jolt podcast to chat about a range of topics. Of course a talk about the future of physical cash came up.
Top Clean Energy Stocks To Own Right Now: Canadian National Railway Company(CNI)
Advisors' Opinion:- [By Paul Ausick]
GE got some good news this past week with an order for 200 locomotives from Canadian National Railway Co. (NYSE: CNI). The locomotives will be built at GE’s plant in Fort Worth, Texas, and deliveries to the rail operator will begin next year. The balance of the locomotives will be delivered in 2019 and 2020.
- [By Neha Chamaria]
Investing for really long periods of time, however, becomes easier if you bet on industry stalwarts that have consistently rewarded shareholders and possess strong growth catalysts to keep them going for years to come. I can think of four such "forever" stocks right now: Canadian National Railway (NYSE:CNI), Waste Management (NYSE:WM), Mastercard (NYSE:MA), and Visa (NYSE:V).
- [By Max Byerly]
Compass Capital Management Inc. bought a new position in Canadian National Railway (NYSE:CNI) (TSE:CNR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,535 shares of the transportation company’s stock, valued at approximately $207,000.
- [By Logan Wallace]
Canadian National Railway (NYSE:CNI) (TSE:CNR) – Analysts at Seaport Global Securities issued their Q1 2019 EPS estimates for shares of Canadian National Railway in a research note issued to investors on Wednesday, January 30th. Seaport Global Securities analyst M. Levin expects that the transportation company will earn $0.96 per share for the quarter. Seaport Global Securities also issued estimates for Canadian National Railway’s Q2 2019 earnings at $1.26 EPS, Q3 2019 earnings at $1.27 EPS and Q4 2019 earnings at $1.26 EPS.
Top Clean Energy Stocks To Own Right Now: Humana Inc.(HUM)
Advisors' Opinion:- [By Ethan Ryder]
Humana Inc (NYSE:HUM) – Piper Jaffray Companies upped their Q3 2019 EPS estimates for Humana in a note issued to investors on Sunday, September 30th. Piper Jaffray Companies analyst S. James now anticipates that the insurance provider will post earnings of $4.86 per share for the quarter, up from their previous estimate of $4.74. Piper Jaffray Companies has a “Overweight” rating and a $380.00 price objective on the stock. Piper Jaffray Companies also issued estimates for Humana’s Q4 2019 earnings at $3.51 EPS.
- [By Ethan Ryder]
Humana (NYSE:HUM) had its price target raised by Credit Suisse Group from $350.00 to $370.00 in a report released on Tuesday, The Fly reports. The firm presently has an “outperform” rating on the insurance provider’s stock. Credit Suisse Group’s price target would indicate a potential upside of 10.55% from the stock’s previous close.
- [By Stephan Byrd]
Humana Inc (NYSE:HUM) insider William Kevin Fleming sold 15,637 shares of the business’s stock in a transaction on Monday, June 4th. The shares were sold at an average price of $293.08, for a total transaction of $4,582,891.96. Following the sale, the insider now directly owns 15,650 shares in the company, valued at approximately $4,586,702. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
- [By Logan Wallace]
Altman Advisors Inc. purchased a new stake in shares of Humana Inc (NYSE:HUM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,326 shares of the insurance provider’s stock, valued at approximately $2,015,000. Humana comprises approximately 1.9% of Altman Advisors Inc.’s portfolio, making the stock its 27th biggest holding.
- [By Ethan Ryder]
Caisse DE Depot ET Placement DU Quebec cut its position in shares of Humana Inc (NYSE:HUM) by 16.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,200 shares of the insurance provider’s stock after selling 34,983 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Humana were worth $47,099,000 at the end of the most recent quarter.
Top Clean Energy Stocks To Own Right Now: La-Z-Boy Incorporated(LZB)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on La-Z-Boy (LZB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on La-Z-Boy (LZB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Garrett Baldwin]
According to Money Morning Capital Wave Strategist Shah Gilani, we shouldn't be surprised. Here's what you need to know to stay out ahead of the next major crash.
Three Stocks to Watch Today: ORCL, FDX, GME Oracle Corp. (NYSE: ORCL) will lead a slim roster of earnings reports on Tuesday. Wall Street anticipates that the cloud computing giant will report earnings per share (EPS) of $0.94 on top of $11.20 billion in revenue. FedEx Corp. (NYSE: FDX) will report earnings after the bell. Wall Street anticipates that the shipping giant will report EPS of $5.71 on top of $17.19 billion in revenue. But forget the earnings report. As we noted this week, a major standoff is about to push FDX stock through the roof. Learn more about this huge profit potential. Shares of GameStop Corp. (NYSE: GME) will look to continue their momentum thanks to buyout interest. Multiple media outlets report that private equity companies are exploring potential deals that would take the video game retailer private in the near future. Shares of the Texas-based firm gained nearly 9% yesterday. According to Reuters, Sycamore Partners is one of the firms interested in a potential takeover. Look for an additional earnings report from La-Z-Boy Inc. (NYSE: LZB). The average analyst projection calls for EPS of $0.64 on top of $426.75 million in revenue.Follow Money Morning on Twitter, Facebook, and LinkedIn.
- [By Steve Symington]
Shares of La-Z-Boy Incorporated (NYSE:LZB) were up 12.6% as of 1:30 p.m. EDT on Wednesday after the furniture producer announced strong fiscal first-quarter 2019 results.
- [By Shane Hupp]
Get a free copy of the Zacks research report on La-Z-Boy (LZB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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