At its annual meeting, GE (GE) got an earful from employees and investors who pleaded with management to right the ship after a disastrous year.
"I believe it was arrogance and a series of bad business decisions," former employee Bill Freeda said. "Our board of directors clearly has been AWOL."
Another shareholder said: "GE, which was once one of the preeminent companies in the world �� the bluest of blue chips �� is now an embarrassment."
The past 12 months has been one of the darkest periods in GE's 126-year history. A cash crisis, brought on by years of bad deal-making, forced GE to cut its dividend in half and lay off thousands of workers. GE's stock price has crashed by 50%, and calls to kick it out of the Dow have grown louder.
Despite the deep criticism of past and current GE leaders, the company's nominees to the board were all elected on Wednesday. None of the shareholder proposals calling for reform were adopted, though one pushing for splitting the CEO and chairman roles received strong support.
Top 10 Blue Chip Stocks To Invest In Right Now: Extreme Networks Inc.(EXTR)
Advisors' Opinion:- [By Joseph Griffin]
Shares of Extreme Networks, Inc (NASDAQ:EXTR) have received an average recommendation of “Buy” from the eight ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $15.50.
- [By Anders Bylund]
Shares of Extreme Networks (NASDAQ:EXTR) fell 19.5% in May 2018, according to data from S&P Global Market Intelligence. The maker of data center networking equipment delivered a weak third-quarter report and modest guidance on May 8. The stock crashed hard�and hasn't recovered yet.
- [By Lisa Levin]
Extreme Networks, Inc. (NASDAQ: EXTR) shares dropped 24 percent to $8.95 after the company reported downbeat earnings for its third quarter and issued weak Q4 guidance.
- [By Shane Hupp]
Extreme Networks (NASDAQ:EXTR)’s share price reached a new 52-week high and low during trading on Monday after an insider bought additional shares in the company. The stock traded as low as $8.21 and last traded at $8.25, with a volume of 146844 shares. The stock had previously closed at $8.43.
- [By Anders Bylund]
Shares of Extreme Networks (NASDAQ:EXTR)�dropped 36.4% lower in the first half of 2018, according to data from S&P Global Market Intelligence. Following a string of rock-solid earnings reports in 2017, the enterprise networking specialist failed to impress investors in February's second-quarter report and May's third-quarter sequel.
- [By Logan Wallace]
Extreme Networks (NASDAQ:EXTR) Director Edward H. Kennedy bought 50,000 shares of Extreme Networks stock in a transaction on Friday, May 18th. The shares were bought at an average price of $9.03 per share, for a total transaction of $451,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Top 10 Blue Chip Stocks To Invest In Right Now: Halyard Health, Inc.(HYH)
Advisors' Opinion:- [By Logan Wallace]
Renaissance Technologies LLC acquired a new position in Halyard Health (NYSE:HYH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 9,805 shares of the medical instruments supplier’s stock, valued at approximately $453,000.
- [By Shane Hupp]
Halyard Health (NYSE:HYH) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $1.65-$1.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.26.
Top 10 Blue Chip Stocks To Invest In Right Now: Semgroup Corporation(SEMG)
Advisors' Opinion:- [By Lee Jackson]
SemGroup Corporation (NASDAQ: SEMG) was started with a market perform rating at BMO Capital Markets with a $25 price target. The consensus target across Wall Street is $26.80. The stock closed Monday at $25.15.
- [By Lee Jackson]
SemGroup Corporation (NASDAQ: SEMG) was downgraded to Market Perform from Outperform at Wells Fargo. The 52-week trading range is $20.20 to $30.95. The consensus price target for the company is posted at $26.80. The stock ended trading Friday at $25.
- [By Shane Hupp]
SemGroup (NYSE: SEMG) and Halliburton (NYSE:HAL) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, dividends, valuation, earnings, analyst recommendations and profitability.
- [By Joseph Griffin]
SemGroup (NYSE:SEMG) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
Signet Jewelers (NYSE:SIG) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
- [By Stephan Byrd]
SemGroup (NYSE: SEMG) and Halliburton (NYSE:HAL) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
- [By Logan Wallace]
News headlines about SemGroup (NYSE:SEMG) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SemGroup earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 45.1707332632932 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Top 10 Blue Chip Stocks To Invest In Right Now: CTI BioPharma Corp.(CTIC)
Advisors' Opinion:- [By Stephan Byrd]
Get a free copy of the Zacks research report on CTI BioPharma (CTIC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Steve Symington]
Nevertheless, several individual stocks failed to keep up. Read on to see why CTI BioPharma (NASDAQ:CTIC), PetMed Express (NASDAQ:PETS), and�Pfizer (NYSE:PFE)�each slumped today.
- [By Brian Feroldi]
In response to the company sharing a clinical update, shares of CTI BioPharma (NASDAQ:CTIC), a clinical-stage biotech focused on blood-related cancers, fell 13% as of 12:05 p.m. EDT on Monday.
- [By Joseph Griffin]
Shares of CTI BioPharma Corp (NASDAQ:CTIC) have received an average recommendation of “Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $7.10.
Top 10 Blue Chip Stocks To Invest In Right Now: Stag Industrial, Inc.(STAG)
Advisors' Opinion:- [By Logan Wallace]
BNP Paribas Arbitrage SA grew its position in shares of STAG Indl Inc/SH SH (NYSE:STAG) by 35.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,048 shares of the real estate investment trust’s stock after buying an additional 7,604 shares during the period. BNP Paribas Arbitrage SA’s holdings in STAG Indl Inc/SH SH were worth $695,000 at the end of the most recent reporting period.
- [By Tyler Crowe]
With these basic requirements in mind, I just added two dividend stocks I think will fit this mold well in my retirement account: renewable power asset owner TerraForm Power (NASDAQ:TERP)�and industrial real estate investment trust STAG Industrial (NYSE:STAG). Here's why I think these stocks fit my mold for high-yield dividend stocks -- and why you may want to consider them for your own portfolio.
- [By Lee Jackson]
STAG Industrial Inc. (NYSE: STAG) offers investors a 5.8% yield. Share recently traded hands at $24.35 apiece, in a 52-week range of $22.42 to $28.85. The consensus target price is $27.73.
- [By Neha Chamaria]
To be able to cut a check each month and maintain or raise the payout requires a company to have tenable confidence in its profit-making and cash-generating capabilities. It's easier said than done, which is why while most companies pay dividends quarterly, and only around 40 publicly listed companies pay a dividend every month. Three such companies worth watching are�STAG Industrial (NYSE:STAG), Realty Income (NYSE:O),�and Pembina Pipeline (NYSE:PBA).
Top 10 Blue Chip Stocks To Invest In Right Now: VivoPower International PLC (VVPR)
Advisors' Opinion:- [By Lisa Levin] Gainers The Trade Desk, Inc. (NASDAQ: TTD) jumped 36.2 percent to $71.82 after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance. WideOpenWest, Inc. (NYSE: WOW) jumped 30.4 percent to $8.80 after the company reported Q1 results. MoSys, Inc. (NASDAQ: MOSY) shares surged 28.6 percent to $1.9541 after the company reported better-than-expected Q1 results and issued strong Q2 forecast. Boxlight Corporation (NASDAQ: BOXL) gained 24 percent to $6.39. Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares gained 19.1 percent to $24.60. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval. Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 17 percent to $10.31 after reporting Q3 results. ArcBest Corporation (NASDAQ: ARCB) gained 16.8 percent to $43.1457 after reporting upbeat quarterly earnings. Amtech Systems, Inc. (NASDAQ: ASYS) rose 16.2 percent to $8.60. Amtech posted Q2 earnings of $0.19 per share on sales of $32.783 million. Identiv, Inc (NASDAQ: INVE) surged 14.4 percent to $3.8450 following Q1 results. Omeros Corporation (NASDAQ: OMER) shares rose 14.3 percent to $18.43 following Q1 results. VivoPower International PLC (NASDAQ: VVPR) gained 11.5 percent to $2.71. Intersections Inc. (NASDAQ: INTX) gained 11.4 percent to $2.55 after reporting Q1 results. Noodles & Company (NASDAQ: NDLS) shares rose 10.9 percent to $8.65 following Q1 results. Voyager Therapeutics, Inc. (NASDAQ: VYGR) climbed 10.6 percent to $18.54 following Q1 results. Blink Charging Co. (NASDAQ: BLNK) rose 10.4 percent to $5.739. Immersion Corporation (NASDAQ: IMMR) gained 9.6 percent to $12.69
- [By Ross Cameron - Warrior Trading]
This is why I have a quicker sell trigger when I trade names like LM Funding America (NASDAQ: LMFA), which lept from $0.60 to just under a dollar earlier this week, or even VivoPower International PLC (NASDAQ: VVPR), which I traded for a $200 loss on Monday when it spiked up 225 percent.
- [By Lisa Levin] Gainers Bioblast Pharma Ltd. (NASDAQ: ORPN) shares rose 29.6 percent to $3.22. Mannatech, Incorporated (NASDAQ: MTEX) surged 23.3 percent to $19.60 after the company reported commencement of modified Dutch auction cash tender for up to $16 million of common stock. Evolus, Inc. (NASDAQ: EOLS) shares rose 22.1 percent to $15.8003. Quotient Limited (NASDAQ: QTNT) gained 18.1 percent to $5.54 following commencement of EU blood grouping field trial. Shineco, Inc. (NASDAQ: TYHT) climbed 17.1 percent to $1.9899 following Q3 results. Shineco posted Q3 earnings of $0.21 per share on sales of $13.3 million. CPI Card Group Inc. (NASDAQ: PMTS) rose 17 percent to $3.0999. Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) shares climbed 12 percent to $2.2613. The stock spiked more than 14 percent Thursday near the close as traders circulate word the Delaware lottery is planning to introduce full sports betting in June. Harte Hanks, Inc. (NYSE: HHS) shares gained 7.2 percent to $11.05 after the company late Thursday appointed four new independent directors to board. Cronos Group Inc. (NASDAQ: CRON) rose 6.4 percent to $6.17. VivoPower International PLC (NASDAQ: VVPR) shares gained 6.3 percent to $3.74. Global Self Storage, Inc. (NASDAQ: SELF) shares climbed 6 percent to $4.20.
Check out these big penny stock gainers and losers
- [By Money Morning News Team]
Just look at VivoPower International Plc. (Nasdaq: VVPR), the penny stock that topped our list of the 10 top penny stocks to watch this week.
Top 10 Blue Chip Stocks To Invest In Right Now: Vanguard Mega Cap Growth ETF (MGK)
Advisors' Opinion:- [By Ethan Ryder]
Fernwood Investment Management LLC lessened its stake in VANGUARD MEGA CAP 300 GROWTH ETF (BMV:MGK) by 9.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,022 shares of the company’s stock after selling 1,698 shares during the period. VANGUARD MEGA CAP 300 GROWTH ETF comprises 1.1% of Fernwood Investment Management LLC’s portfolio, making the stock its 26th biggest holding. Fernwood Investment Management LLC owned approximately 0.06% of VANGUARD MEGA CAP 300 GROWTH ETF worth $1,911,000 as of its most recent filing with the SEC.
Top 10 Blue Chip Stocks To Invest In Right Now: Axcelis Technologies Inc.(ACLS)
Advisors' Opinion:- [By ]
3. Axcelis Technologies (Nasdaq: ACLS)
It is the technical price pattern that first caught my eye with this $800 million market cap small cap. �Shares dropped to a $22.00 low in mid-February but have since been slowly and steadily moving higher toward resistance at both the 50- and 200-day SMAs. In and of itself, this is not enough impetus to get long. However, when combined with the fundamental picture, a compelling long thesis emerges. - [By Shane Hupp]
Shares of Axcelis Technologies (NASDAQ:ACLS) have been assigned an average recommendation of “Buy” from the nine analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $30.50.
Top 10 Blue Chip Stocks To Invest In Right Now: ImmunoGen, Inc.(IMGN)
Advisors' Opinion:- [By Cory Renauer]
In five short years, U.S. spending on cancer medicines doubled, and it's still growing by double-digits annually.�Exelixis, Inc. (NASDAQ:EXEL) and�Immunogen, Inc. (NASDAQ:IMGN) are poised to ride this trend, but which company will ride it further?�
- [By Brian Orelli]
Shares of ImmunoGen (NASDAQ:IMGN) are up 10.4% at 3:10 p.m. EDT on no apparent news. Most likely, shares of the highly volatile biotech are up as investors jump in ahead of the American Society of Clinical Oncology (ASCO) meeting set to start tomorrow.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on ImmunoGen (IMGN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Blue Chip Stocks To Invest In Right Now: United States Steel Corporation(X)
Advisors' Opinion:- [By Neha Chamaria]
To be fair, Nucor wasn't the only steel manufacturer to deliver a stellar 2017. Pretty much like Nucor, United States Steel (NYSE:X) also delivered its best profits since 2009 last year. For Steel Dynamics (NASDAQ:STLD), 2017 was a banner year, with its steel shipments, net sales, and operating income hitting record�highs.
- [By Alexander Bird]
American steel maker AK Steel Holding Corp. (NYSE: AKS) jumped 9.5%, while U.S. Steel Corp. (NYSE: X) rose 5.7%.
Aluminum producer Century Aluminum Co. (Nasdaq: CENX) added 3.3%to its share price, and Alcoa Corp. (NYSE: AA) edged up 0.2%, both closing out the day with gains.
- [By ]
You can see why Century Aluminum (Nasdaq: CENX) commended the President for "acting swiftly and boldly to save the American aluminum industry." The company intends to ramp up operations at its smelter in Hawesville, Kentucky, putting 300 people back to work. In Illinois, US Steel (NYSE: X) is restarting a blast furnace that will employ at least 500 new workers.