STOCKS TELEGRAPH

Category: Market News

Top 20 Stocks That Can Be A Good Buys In Content & Information Industry

The Internet is considered to be the main source of information and it plays a very important role in the daily routines of people. The Internet content industry includes the providers of personal services, staffing, and outsourcing services. Companies in the internet industry are operating in a highly competitive environment. They need to keep pace with new technological advancements.

Internet companies are working in the global market and they have a diverse customer base. One positive thing for this industry is that it has many opportunities to grow the business because people always turn towards the internet content industry for the information. Their main challenge is to update their strategies with the changing external environment which is helpful for their business growth.

Here are the few companies in the internet content industry which are following new trends to keep pace with the market:

Facebook Inc. (NASDAQ: FB)

Facebook Inc. (NASDAQ: FB) shares were trading down -0.90% at $252.53 at the time of writing on Friday. Facebook Inc. (FB) share price went from a low point around $137.10 to briefly over $304.67 in the past 52 weeks, though shares have since pulled back to $252.53. FB market cap has remained high, hitting $725.94B at the time of writing, giving it a price-to-sales ratio of more than 9.

Facebook Inc revealed that it is not clear whether the platform will be able to run in the European Union if the new Ireland data protection ruling will be implemented. The company revealed in Ireland’s High court that if the country’s Data Protection Commission in regard to its data transfer mechanism isn’t blocked, its platform will bear a huge shock. If we look at the recent analyst rating FB, KeyBanc Capital Markets initiated coverage on FB shares with an Overweight rating and a $287.22 price target, which implies room for 34.69% upside momentum this year.

Snap Inc. (NYSE: SNAP)

Snap Inc. (NYSE: SNAP) last closed at $23.82, in a 52-week range of $7.89 to $26.76. Analysts have a consensus price target of $26.27. Snap Inc. (SNAP) and NFL have recently disclosed that they have decided to extend their multi-year partnership. The company has created a special augmented reality Lens that takes fans from the Kansas City Chiefs’ locker room through the tunnel and into Arrowhead Stadium, where they’ll be greeted by Kansas City’s Patrick Mahomes and Houston’s Deshaun Watson.

Pinterest Inc. (NYSE: PINS)

Pinterest Inc. (NYSE: PINS) stock soar by 0.79% to $36.88. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at an Overweight. Pinterest Inc. (PINS) has earlier participated in the Deutsche Bank Virtual Technology Conference on September 15, 2020. This company previously revealed that it has decided to demonetize pages that lead to election-related content on its platform. The company aimed to stop the spread of misinformation about the 2020 presidential election which is to be held in November 2020.

Twitter Inc. (NYSE: TWTR)

Twitter Inc. (NYSE: TWTR) shares headed rising, higher as much as 2.03%. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at a Sector weight. Twitter Inc. (TWTR) has revealed that it has decided to ask U.S. lawmakers and White House officials, including President Donald Trump, to review and improve their account passwords as part of a push to increase security before the Nov. 3 election. This company has a total market capitalization of $31.12 billion at the time of writing.

Remark Holdings Inc. (NASDAQ: MARK)

Remark Holdings Inc. (NASDAQ: MARK) rose 11.93% after gaining more than $0.13 on Friday. Remark Holdings Inc. (MARK) has earlier participated in H.C. Wainwright & Co. 22^nd Annual Global Investment Conference on September 14, 2020. Previously, the company announced that its AI’s engineering team won three out of five Championships in the Visual Object Tracking category at the 16^th European Conference on Computer Vision.

Tencent Music Entertainment Group (NYSE: TME)

Tencent Music Entertainment Group (NYSE: TME) last closed at $15.62, in a 52-week range of $9.22 to $17.97. Analysts have a consensus price target of $15.19. Previously, the Tencent Music Entertainment Group has partnered with Tencent ’99 Giving Day’ and the Rainbow Chamber Singers to host an online concert titled ‘Learn to Love Yourself,’ streaming live on QQ Music, KuGou Music, Kuwo Music, and WeSing.

Zillow Group Inc. (NASDAQ: Z)

Zillow Group Inc. (NASDAQ: Z) fall -0.60% after losing more than -$0.58 on Friday. Zillow Group Inc. (Z) has earlier announced that it has decided to start buying and selling homes in Jacksonville. Jacksonville becomes the 25th market where homeowners can safely and conveniently buy and sell real estate through Zillow Offers service. Looking at the market cap, its market cap is 415.41 billion at the time of writing.

iQIYI Inc. (NASDAQ: IQ)

iQIYI Inc. (NASDAQ: IQ) last closed at $23.20, in a 52-week range of $14.51 to $27.50. Analysts have a consensus price target of $23.08. iQIYI Inc. (IQ) has expanded its highly-acclaimed Mist Theater, with the release of season 1 of Sisyphus on September 2. The 12-episode Sisyphus is the fourth suspense thriller released as part of its Mist Theater. This company market cap has remained high, hitting $16.79 billion at the time of writing.

Baidu Inc. (NASDAQ: BIDU)

Baidu Inc. (NASDAQ: BIDU) Shares headed falling, lower as much as -0.01% after Jakubowitz Law has announced that securities fraud class action lawsuits have started on behalf of shareholders of the various publicly-traded companies. The most recent rating by Morgan Stanley, on September 08, 2020, is at an Equal-weight. Baidu Inc. (BIDU)

Match Group Inc. (NASDAQ: MTCH)

Match Group Inc. (NASDAQ: MTCH) stock soar by 0.79% to $108.41. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at an Overweight. Match Group Inc. (MTCH) share price went from a low point around $44.74 to briefly over $123.00 in the past 52 weeks, though shares have since pulled back to $108.41. MTCH market cap has remained high, hitting $27.97B at the time of writing.

ANGI Homeservices Inc. (NASDAQ: ANGI)

ANGI Homeservices Inc. (NASDAQ: ANGI) shares headed falling, lower as much as -2.45%. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at an Overweight. ANGI Homeservices Inc. (ANGI) stock fluctuated between the low of $4.10 and a high of $17.05. It has moved up 152.20% from its 52-weeks low and moved down-39.35% from its 52-weeks high. This company market capitalization has remained high, hitting $5.26 billion at the time of writing.

Groupon Inc. (NASDAQ: GRPN)

Groupon Inc. (NASDAQ: GRPN) stock soar by 2.60% to $26.05. The most recent rating by DA Davidson, on June 17, 2020, is at a Buy. Groupon Inc. (GRPN) share price went from a low point around $9.60 to briefly over $63.20 in the past 52 weeks, though shares have since pulled back to $26.05. Groupon Inc.’s market cap has remained high, hitting $729.40 million at the time of writing.

Alphabet Inc. (NASDAQ: GOOGL)

Alphabet Inc. (NASDAQ: GOOGL) fall -2.42% after losing more than -$35.95 on Friday. Alphabet Inc. (GOOGL) stock fluctuated between the low of $1008.87 and a high of $1726.10. It has moved up 43.83% from its 52-weeks low and moved down-15.93% from its 52-weeks high. This company market capitalization has remained high, hitting $1014.27 billion at the time of writing.

Alphabet Inc. (NASDAQ: GOOG)

Alphabet Inc. (NASDAQ: GOOG) last closed at $1459.99, in a 52-week range of $1013.54 to $1733.18. Analysts have a consensus price target of $1707.08. Alphabet Inc. (GOOG) has moved up 44.05% from its 52-weeks low and moved down-15.76% from its 52-weeks high. This company market capitalization has remained high, hitting $1002.23 billion at the time of writing.

Grubhub Inc. (NYSE: GRUB)

Grubhub Inc. (NYSE: GRUB) stock soar by 0.61% to $69.25. The most recent rating by Piper Sandler, on July 28, 2020, is at a Neutral. Grubhub Inc. (GRUB) share price went from a low point around $29.35 to briefly over $79.18 in the past 52 weeks, though shares have since pulled back to $69.25. Grubhub Inc.’s market cap has remained high, hitting $6.35 billion at the time of writing.

CarGurus Inc. (NASDAQ: CARG)

CarGurus Inc. (NASDAQ: CARG) shares headed falling, lower as much as -2.26%. The most recent rating by BTIG Research, on August 07, 2020, is at a Neutral. CarGurus Inc. (CARG) fluctuated between the low of $14.25 and a high of $40.91. It has moved up 63.72% from its 52-weeks low and moved down-42.97% from its 52-weeks high. This company market capitalization has remained high, hitting $2.70 billion at the time of writing.

Momo Inc. (NASDAQ: MOMO)

Momo Inc. (NASDAQ: MOMO) fall -1.33% after losing more than -$0.2 on Friday. Momo Inc. (MOMO) share price went from a low point around $13.87 to briefly over $39.42 in the past 52 weeks, though shares have since pulled back to $14.82. Momo Inc.’s market cap has remained high, hitting $3.14 billion at the time of writing.

Yandex N.V. (NASDAQ: YNDX)

Yandex N.V. (NASDAQ: YNDX) last closed at $60.97, in a 52-week range of $27.93 to $70.11. Analysts have a consensus price target of $57.09. Yandex N.V. (YNDX) has moved up 118.30% from its 52-weeks low and moved down-13.04% from its 52-weeks high. This company market capitalization has remained high, hitting $21.32 billion at the time of writing.

Liberty TripAdvisor Holdings Inc. (NASDAQ: LTRPA)

Liberty TripAdvisor Holdings Inc. (NASDAQ: LTRPA) stock drop by -1.41% to $2.10. The most recent rating by Guggenheim, on June 13, 2019, is at a Neutral. Liberty TripAdvisor Holdings Inc. (LTRPA) share price went from a low point around $0.86 to briefly over $10.20 in the past 52 weeks, though shares have since pulled back to $2.10. Momo Inc.’s market cap has remained high, hitting $266.49 Million at the time of writing.

Yelp Inc. (NYSE: YELP)

Yelp Inc. (NYSE: YELP) shares headed falling, lower as much as -4.02%. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at a Sector weight. Yelp Inc. (YELP) has launched a tag for businesses to mark themselves as ‘Latinx-owned’ in a move designed to support Latino businesses hit hard by the pandemic. This company has a market capitalization of $1.56 billion at the time of writing.

September 21, 2020
Stocks to Watch despite Bearish Market Outlook

The markets are down this morning, indicating that the selloff that started on Friday could continue all through the day. This is due to a combination of factors that could see the markets remain volatile for quite a while.

One of the key factors dragging the market down is the rising number of COVID-19 cases globally. In the U.S, Europe and the rest of the world, the numbers are spiking again after a slowdown through August. This has created fears that even States that have reopened could go back into lockdown further, hurting an already weak economy.

The pandemic-driven uncertainty is a compounded by the fact that the U.S is just a few weeks to an election. This means that investors are likely to exit from high-risk stocks in anticipation of a close-call election and increase volatile in the market.

On top of that, markets are usually slow in September, and this coupled with the higher risk levels are all affecting the markets today. However, even in the current largely negative market sentiment, there are stocks that are headed to a good start to the day. Some of the stocks doing well pre-market are:

Northern Oil and Gas Inc [NYSE: NOG]

Northern Oil and Gas Inc is one of the biggest gainers this morning. This follows the company’s announcement that it was doing a 1 for 10 reverse stock split that will take effect today.

The company stated that the split was aimed at lowering the cost of ownership and improve the company’s capacity to take part in broader market indices. The company also announced that it would be using the stock split to improve the financial health of the company. With the split in place, this stock stands to be a top gainer all through the day.

Zomedica Pharmaceuticals Corp [NYSE: ZOM]

Zomedica Pharmaceuticals Corp is another stock that is in the green this morning. This stock’s upside momentum is largely price action-driven and follows the announcement that the company was planning to make a gastrointestinal testing panel for TRUFORMA™. The company stated that this would add to the company’s portfolio of assays also include those for testing adrenal and thyroid issues tests.

Just Energy Group Inc [NYSE: JE]

This is another pre-market top performer and is up by over 10%. This follows the company’s announcement that it only awaiting FERC approval to close its plan of arrangement deal. The deal includes a move to recapitalize to strengthen the company’s market positions.

September 21, 2020
Top 12 Trending Stocks In Auto Manufacturers Industry To Invest In

The global auto manufacturing industry is entering into a new decade in which we anticipate a series of challenges and unexpected events. The manufacturing industry is moving with fast speed to keep pace with fast-moving technologies and innovations. The automotive industry is facing dramatic changes with the emergence of new technologies.

The auto manufacturing sector needs to adjust its strategic priorities to gain a competitive edge. 2020 is the year of opportunities and challenges for the auto sector. The new technological advancement brings more opportunities for the industry. Consumer behavior is also changing with rapid technological innovation.

Let’s take a quick look at the leading companies in the auto manufactures industry and see how the companies are following new trends:

NIO Limited (NYSE: NIO)

NIO Limited (NYSE: NIO) stock soar by 0.57% to $19.41. The most recent rating by Deutsche Bank, on September 08, 2020, is at a Buy. NIO Limited (NIO) has announced it has selected GM to be its manufacturing partner for its electric pickup truck dubbed the Badger. The Badger will use GM’s widely acclaimed Ultium battery technology. NIO Limited market capitalization remained high, hitting $26.29 billion.

Workhorse Group Inc. (NASDAQ: WKHS)

Workhorse Group Inc. (NASDAQ: WKHS) Shares headed rising, higher as much as 9.17%. The most recent rating by Oppenheimer, on September 03, 2020, is at an Outperform. Workhorse Group Inc. (WKHS) has earlier participated in the 9th Annual Gateway Conference on September 9th and 10th, 2020. Looking at its liquidity, it has a current ratio of 0.30. This company market capitalization has remained high, hitting $2.95 billion at the time of writing.

General Motors Company (NYSE: GM)

General Motors Company (NYSE: GM) last closed at $31.50, in a 52-week range of $14.32 to $38.96. It has moved up to 119.90% and moved down -19.14%. Analysts have a consensus price target of $40.38. General Motors Company (GM) has faced unexpected bills as India-China tensions delay the sale of India plant -sources. This company market capitalization has remained high, hitting $45.68 billion.

Li Auto Inc. (NASDAQ: LI)

Li Auto Inc. (NASDAQ: LI) stock drop by -1.33% to $17.03. The most recent rating by Morgan Stanley, on August 24, 2020, is at an Overweight. Li Auto Inc. (LI) has named Mr. Kai Wang as chief technology officer effective September 15, 2020. Mr. Wang will responsible for providing overall leadership in advanced technology research and development in intelligent vehicles, including electronic and electrical architecture, intelligent cockpit, autonomous driving, etc.

Fiat Chrysler Automobiles N.V. (NYSE: FCAU)

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) Shares headed falling, lower as much as -3.46%. The most recent rating by Evercore ISI, on December 18, 2019, is at an Outperform. Fiat Chrysler Automobiles N.V. (FCAU) has revealed that it has revised the merger deal with French partner PSA. After the deal revision, FCA’s shareholders getting a smaller cash payout but a stake in another business.

Electra Meccanica Vehicles Corp. (NASDAQ: SOLO)

Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) last closed at $2.58, in a 52-week range of $0.89 to $6.00. Electra Meccanica Vehicles Corp. (SOLO) has revealed that it has decided to produce an alternative ‘utility and fleet’ version of its flagship SOLO EV, which is expected to become available in early 2021. This company market capitalization has remained high, hitting $166.69 million.

Nikola Corporation (NASDAQ: NKLA)

Nikola Corporation (NASDAQ: NKLA) rose 1.06% after gaining more than $0.36 on Friday. Nikola Corporation (NKLA) revealed that Trevor Milton approached the Board of Directors and proposed to leave his position as an Executive Chairman and from the Board. The Board accepted his proposal, and Stephen Girsky, former Vice Chairman of General Motors Co. and a member of Nikola’s Board, has been named Chairman of the Board, effective immediately.

Kandi Technologies Group Inc. (KNDI)

Kandi Technologies Group Inc. (KNDI) stock drop by 0.00% to $6.14. Kandi Technologies Group Inc. (KNDI) revealed the establishment of a wholly-owned subsidiary for its battery swapping services, China Battery Exchange Technology Co., Ltd. Using this China Battery Exchange Technology Company, Kandi can better monetize its dozens of patents in the field of battery swap systems. This company market capitalization has remained high, hitting $335.18 million at the time of writing.

Tesla Inc. (NASDAQ: TSLA)

Tesla Inc. (NASDAQ: TSLA) shares were trading up 4.42% at $442.15 at the time of writing on Friday. Tesla Inc. (NASDAQ: TSLA) share price went from a low point around $43.67 to briefly over $502.49 in the past 52 weeks, though shares have since pulled back to $442.15. TSLA market cap has remained high, hitting $394.56B at the time of writing, giving it a price-to-sales ratio of more than 10.

If we look at the recent analyst rating TSLA, Piper Sandler reiterated coverage on TSLA shares with an Overweight rating and a $307.06 price target, which implies room for -135.09% downside momentum this year.

Ford Motor Company (NYSE: F)

Ford Motor Company (NYSE: F) last closed at $7.23, in a 52-week range of $3.96 to $9.60. It has moved up 82.58% from its 52-weeks low and moved down -24.69% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.30. This company market capitalization remained high, hitting $28.45 billion at the time of writing. Analysts have a consensus price target of $7.66.

XPeng Inc. (NYSE: XPEV)

XPeng Inc. (NYSE: XPEV) fall -1.77% after losing more than -$0.34 on Friday. XPeng Inc. (XPEV) share price went from a low point around $17.37 to briefly over $25.00 in the past 52 weeks, though shares have since pulled back to $18.90. It has moved up 8.81% from its 52-weeks low and moved down -24.40% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.10. XPeng Inc.’s market cap has remained high, hitting $14.14 billion at the time of writing.

Tata Motors Limited (NYSE: TTM)

Tata Motors Limited (NYSE: TTM) Shares headed falling, lower as much as -1.20%. The most recent rating by UBS, on August 17, 2020, is at a Sell. In the past 52-weeks of trading, Tata Motors Limited (TTM) stock has fluctuated between the low of $3.92 and a high of $14.03. It has moved up 152.04% from its 52-weeks low and moved down -29.58% from its 52-weeks high. This company market capitalization has remained high, hitting $7.11 billion at the time of writing.

September 21, 2020
Two Reasons Why ClearOne Inc [CLRO] is a Perfect Buy at Current Prices

ClearOne Inc [NASDAQ:CLRO] has over the last few days 0recovered most of the losses from late August and the better part September. From a technical analysis perspective, the stock is at a price level where it can go in any direction. Ideally, the best entry point for this stock would be any price level above $3.

However, looking at it from a fundamentals perspective, its current price makes for a good entry price as well and has the potential for more gains. There are a number of factors that likely to drive up bullish sentiment in this stock in the near-term. Some of them are as below:

Insider buying

One of the biggest buy signals in the stock markets is insider buying. It usually points to a situation whereby people who have a close relationship with a company have faith in its growth prospects. A few days ago, ClearOne Inc announced that it had agreed with a group of institutional and accredited investors, Edward Bagley (It’s the largest shareholder), and its CEO Zeynep Hakimoglu for the purchase of 2,116,050 units of common stock at a price of $2.4925 per share.

In most cases, insider participation leads to an increase in stock as the fundamentals behind such a move start to unveil. In the case of ClearOne, it makes the stock’s current price a perfect entry point, for investors with both short-term and long-term projections for the stock.

It is also noteworthy that the company intends to use the proceeds of the sale to bolster its working capital. This means that in the near-term, the company is well-positioned to carry out its operations without the risk of running out of money. This is a critical factor that could see it gain in value going into the foreseeable future.

A patent win

Back in August, the company announced that the patent trial and appeal board of the U.S and the Trade Mark Office had ruled in its favor in a case against Shure. The company announced that the ruling significantly limited Shure’s 493 patent touching on beamforming microphone arrays.

This is a technology that was pioneered by ClearOne. The company stated that it believed its products do not infringe on Shure’s patent claims. This win is a big deal and is likely to have a significant impact on the company’s revenues in the long run, and by extension, its stock value. This further adds weight to this stock’s potential in the long run.

About ClearOne Inc

ClearOne Inc designs, makes, and sells networking solutions. It is based in Salt Lake City, Utah.

September 18, 2020
Here’s Why You Should Avoid iBio (IBIO) Stocks For COVID-19 Vaccine

All the companies involved in the production of the coronavirus vaccine, iBio is far behind from its competitors in the vaccine trial. The company has earlier revealed that it has selected IBIO-201, its LicKM-ubunit vaccine, as its leading candidate for the prevention of coronavirus infection. But the company has not provided any promising result related to its coronavirus vaccine candidate nor it entered into the human trial of its vaccine candidate.

iBio, a biotech innovator and biologics contract manufacturing organization has earlier made the various claims about its vaccine candidate. It has claimed exclusive worldwide license agreement on a cure called ACE2-Fc from Planet Biotechnology. Not only this, but the company also claimed that its FastPharming system has the ability to produce vaccines quickly using plant cells.

So, it is better to avoid iBio for the coronavirus vaccine until it catches up and moves its coronavirus vaccine candidate into human trials. Many companies including Moderna, Novavax, AstraZeneca, and Pfizer all are currently in human trials of their vaccine candidate. But iBio, Inc. is still in the lab and far behind from its competitors. To reach the market human trials are necessary.

Shares of iBio, Inc. (IBIO) traded up 9.30% as it gained +0.20 on Thursday. In the past 52-weeks of trading, this company’s stock has fluctuated between the low range of $0.05 and a high range of $7.45. iBio has moved up 4600.00% from its 52-weeks low and moved down -68.46% from its 52-weeks high. Looking at its profitability, its return on assets and investment is -108.70%, and -57.60%, respectively. If we turn our focus on its liquidity, its current ratio is 1.70. iBio, Inc. market capitalization has remained high, hitting $420.46 million at the time of writing.

There are various sciences behind iBio stock. If we look at the political stories, Donald Trump is looking for a vaccine before November. Similarly, from a business point of view, billions were given to the companies for the products which are not ready for the market yet. If we turn our focus on iBio, it only claims that it has a vaccine candidate but that is still in the lab.

It has not advanced it trial to humans which is necessary. iBio stocks soared after it revealed about the FastPharming. But it is not clear yet whether the company has a vaccine or not or it is the trick of the company to excite its stock. So, it is better to avoid the stock of iBio for the coronavirus vaccine until it starts a human trial.

September 18, 2020
Why DraftKings (NASDAQ: DKNG) Stock Is Trading Higher Today?

DraftKings Inc. (NASDAQ: DKNG), a sports betting company has revealed that the first week of the 2020 NFL season was the most exciting week for the company since 2015. The company has welcomed new customers’ sign up in the first week. This is not the only news of the company which has excited its stocks but also the company has announced a betting deal with NFL’s New York Giants.

As per the multi-year agreement, DraftKings became the Official Sports Betting, iGaming, and Daily Fantasy operator of the team. Football is considered to be the most popular game on the platform of DraftKings and after this partnership company aimed to further enhance its customer engagement and customer experience throughout the NFL season.

One more exciting news for the fans is that after the partnership is that they will provide a Free-to-Play Pick ‘Em game that will be available to Giants fans on a weekly basis. The New York Giants and the DraftKings both have worked for a number of years.

Shares of DraftKings (NASDAQ: DKNG) were trading up 4.08% at $53.11 at the time of writing on Thursday. Its share price went from a low point around $9.84 to briefly over $53.25 in the past 52 weeks. It has moved up 439.74% from its 52-weeks low and moved down -0.27% from its 52-weeks high. Looking at its profitability, its return on assets and equity is 0.60%, and 0.60%, respectively. DKNG market cap has remained high, hitting $19.38 billion at the time of writing.

DraftKings has revealed that the New York Giants have ranked in the top 40 most highly bet franchises among 700 sports teams available on the platform of DraftKings. DraftKings is considered to be the recognized sponsor and advertiser across all-team controlled media including radio, television, and digital and social media. It is the leader in sports betting and daily fantasy sports.

Previously, it has disclosed its partnership with basketball legend Michael Jordan and got its first Major League Baseball deal with the Chicago Cubs. It has signed a deal with ESPN to become a co-exclusive sportsbook link-out provider and exclusive daily fantasy sports provider of the media giant.

September 18, 2020
Market Sentiment Mixed but there are Winners

The markets are headed to a mixed start to the week. The S&P 500 and the Dow are both in the red with the NASDAQ up marginally. The subdued sentiment is a reflection of activity in the European markets. Stocks in Europe are in the red as data shows a resurgence in COVID-19 cases. Essentially, this means that the world, including the U.S, is yet to fully control the pandemic.

For the markets, this means a prolonged period of uncertainty and economic weakness. The Federal Reserve has already announced that it was projecting that the COVID-19 would continue to have a negative impact on the economy in the foreseeable future. Investors are looking to a future where subdued economic activity could potentially lead to a correction.

Nonetheless, the U.S economy continues to show resilience. Even without an economic stimulus package from the government, the U.S economy continues to show signs of recovery in September. This is an indicator that the underlying fundamentals are strong and that a new stimulus package or a COVIDD-19 vaccine could reignite the economy.

In this environment of cautious optimism, there are stocks that are outperforming the market by a huge margin. In today’s session, some of the stocks showing signs of a major upside when markets open are as below:

Immutep Limited [NASDAQ: IMMP]

Immutep Limited is one of the top performers this morning and is up by close to 20%. This follows the company’s announcement of an improvement in results from stage 1 of its phase 2 TACTI-002 study. The company’s CMO Dr Fredric Triebel stated that by combining efti and pembrolizumab had shown good progress in people with HNSCC and NSCLC. The progress also attracted positive comments from external players. Commenting on it, principal investigator Dr Martin Forster of the University College London Hospital stated the results they received were encouraging.

ClearOne Inc [NASDAQ: CLRO]

This is another top performer this morning and is up by over 10%. This comes days after the company announced that it had priced $5.3 million direct offerings as per NASDAQ rule. The company announced that it would use money from the placement as working capital and other corporate purposes.

Pivotal Investment Corporation II [NYSE: PIC]

Pivotal Investment Corporation is another top performer this morning and is up by over 20% pre-market. This follows the company’s announcement that it was merging with XL Fleet, a commercial vehicle electrification company for listing on the NYSE. It is an interesting merger given XL’s growing demand and growing revenues.

September 18, 2020
10 Trending Stocks In Business Equipment And Supplies Industry

The growing trends of the fourth industrial revolution have changed the way we work and how we engage with our customers. The Business Supplies and Equipment Industry comprised of companies that make a variety of products for a diverse customer base.

The business supplies industry is engaged in the manufacturing and selling of integrated furniture settings, high-performance products, user-centered technologies, and interior architectural products which are necessary for any business setting.

In order for a business to run smoothly, there are some important supplies office workers or your customer needs. Business supplies include the short term assets which are used within a year and equipment are long-term assets that are used over many years.

So to choose the best companies for business supplies and equipment is the top priority of many businesses. Here are the top 10 companies in Business Supplies and Equipment Industry that are providing the essential supplies and equipment necessary for any business:

Herman Miller Inc. (NASDAQ: MLHR)

Herman Miller Inc. (NASDAQ: MLHR) shares were trading up 33.47% at $34.55 at the time of writing on Thursday. Herman Miller Inc. (NASDAQ: MLHR) share price went from a low point around $14.39 to briefly over $49.87 in the past 52 weeks, though shares have since pulled back to $34.55. MLHR market cap has remained high, hitting $1.99B at the time of writing, giving it a price-to-sales ratio of more than 0.

Herman Miller Inc. disclosed that it has decided to expand its retail presence this fall with the unveiling of its first concept stores completely dedicated to high-performance task chairs and products that support the home office. If we look at the recent analyst rating MLHR, Sidoti upgraded coverage on MLHR shares with a Buy rating and a $31.50 price target, which implies room for -3.05% downside momentum this year.

Pitney Bowes Inc. (NYSE: PBI)

Pitney Bowes Inc. (NYSE: PBI) stock drop by -0.36% to $5.59. The most recent rating by National Securities, on August 03, 2020, is at a Buy. Pitney Bowes Inc. (PBI) has earlier revealed the pricing adjustments for its domestic and cross-border delivery and returns services for the peak holiday shipping season. The company disclosed that the pricing changes will be applied as flat, easy-to-understand, per-parcel adjustments, not to exceed $1.50 per parcel.

Cardtronics plc (NASDAQ: CATM)

Cardtronics plc (NASDAQ: CATM) last closed at $20.66, in a 52-week range of $15.71 to $47.41. Analysts have a consensus price target of $33.33. Cardtronics plc (CATM) has earlier provide an update on recent business performance. Cardtronics plc continues to see improvement in its business across geographies as governments further relax and remove restrictions implemented to reduce the spread of COVID-19. This company has a total market capitalization of $932.18 million.

ACCO Brands Corporation (NYSE: ACCO)

ACCO Brands Corporation (NYSE: ACCO) Shares headed rising, higher as much as 3.16% after ACCO Brands Corporation has announced the participation in Virtual Sidoti Fall Conference. The most recent rating by Barrington Research, on February 14, 2019, is at an Outperform. It has a market capitalization of $1.37 billion.

Steelcase Inc. (NYSE: SCS)

Steelcase Inc. (NYSE: SCS) last closed at $12.04, in a 52-week range of $7.02 to $23.02. Steelcase Inc. has moved up 71.51% from its 52-weeks low and moved down -47.70% from its 52-weeks high. Analysts have a consensus price target of $12.00. Steelcase Inc. market cap has remained high, hitting $1.37 billion at the time of writing,

Knoll Inc. (NYSE: KNL)

Knoll Inc. (NYSE: KNL) rose 19.29% after gaining more than $2.22 on Thursday. Knoll Inc. (KNL) share price went from a low point around $7.74 to briefly over $28.30 in the past 52 weeks, though shares have since pulled back to $13.73. Knoll Inc.’s market cap has remained high, hitting $690.62 million at the time of writing. Looking at its liquidity, it has a current ratio of 1.40.

Avery Dennison Corporation (NYSE: AVY)

Avery Dennison Corporation (NYSE: AVY) stock soar by 0.28% to $128.69. The most recent rating by JP Morgan, on July 28, 2020, is at a Neutral. In the past 52-weeks of trading, Avery Dennison Corporation (AVY) stock has shown the 52-weeks low range of $76.96 and a high range of $141.09. It has moved up 67.22% from its 52-weeks low and moved down -8.79% from its 52-weeks high. This company’s market capitalization has remained high, hitting $10.40 billion.

HNI Corporation (NYSE: HNI)

HNI Corporation (NYSE: HNI) shares headed rising, higher as much as 8.65%. The most recent rating by The Benchmark Company, on May 22, 2020, is at a Buy. HNI Corporation (HNI) share price went from a low point around $16.60 to briefly over $42.90 in the past 52 weeks, though shares have since pulled back to $33.16. HNI Corporation’s market cap has remained high, hitting $142 billion at the time of writing. Looking at its liquidity, it has a current ratio of 1.20.

Ennis Inc. (NYSE: EBF)

Ennis Inc. (NYSE: EBF) rose 0.91% after gaining more than $0.16 on Thursday. In the past 52-weeks of trading, Ennis Inc. (EBF) stock has shown the 52-weeks low range of $13.98 and a high range of $22.21. It has moved up 27.18% from its 52-weeks low and moved down -19.95% from its 52-weeks high. This company’s market capitalization has remained high, hitting $462.99 Million.

Veritiv Corporation (VRTV)

Veritiv Corporation (VRTV) last closed at $15.80, in a 52-week range of $5.70 to $24.66. Veritiv Corporation (VRTV) has moved up 177.19% from its 52-weeks low and moved down -35.93% from its 52-weeks high. Veritiv Corporation market cap has remained high, hitting $244.43 Million at the time of writing,

September 18, 2020
Cardiff (NASDAQ: CRDF) Confirms Efficacy Of Onvansertib In Colorectal Cancer

Shares of Cardiff Oncology, Inc. (NASDAQ: CRDF) were traded up 39.59% after it announced that Onvansertib has shown the clinical benefit in colorectal cancer. The company has presented data of Ovansertib at the European Society of Medical Oncology Virtual Congress. Cardiff Oncology is currently engaged in the Phase 1b/2clinical trial of Ovansertib Metastatic KRAS-mutated Colorectal Cancer.

In the Phase, 1b/2 study the company has checked the safety and preliminary efficacy of onvansertib in combination with FOLFIRI and bevacizumab in second-line KRAS-mutated metastatic colorectal cancer. The Trial volunteers are treated with onvansertib on Days 1-5, and FOLFIRI and bevacizumab on Day 1, of 14-day treatment courses.

The company has disclosed that it has observed the benefit of treatment and during the treatment, the company saw no progression in the disease. The efficacy data gave the company a green signal to continue the trial.

Cardiff disclosed that 91% of patients have shown the positive result after receiving the treatment and only one patient progressing in less than six months while on treatment. 5 (45%) patients have attained partial response (PR). 73% of the patients have shown durable responses ranging from 6 to >12 months and 4 patients remain on treatment. Onvansertib in combination with FOLFIRI/bevacizumab is safe and well-tolerated.

The first two onvansertib dose levels (12 and 15 mg/m²) have got the green signal. Additionally, four patients have received the onvansertib dose level of (18 mg/m²) and two more will be enrolled.

Cardiff Oncology, Inc. (NASDAQ: CRDF) shares were trading up 339.59% at $8.11 at the time of writing on Thursday. Cardiff Oncology, Inc. (CRDF) share price went from a low point around $0.70 to briefly over $8.29 in the past 52 weeks. It has moved up 1056.92% from its 52-weeks low and moved down -2.17% from its 52-weeks high. Cardiff Oncology, Inc.’s market cap has remained high, hitting $197.48 million at the time of writing.

September 18, 2020
12 Trending Stocks In Mining Industry To Watch

One thing which is constant is change. The mining industry is considered to be among those industries that are implementing the new changes with the evolution of new technology. The use of technology has been developing in the mining industry since its establishment. We are in the era of the fourth industrial revolution. Digitization is considered to be a leading provider of technological evolution in the mining industry.

This industry reach is so wide that the utilization rate of metal is the main factor that determines the health of the global economy. Digitization may have come a little later to the mining sector as compared to other sectors but this industry easily adopts it and implement it. The use of drones, AI, and 3D modeling is increasing in this sector.

3D modeling techniques are helpful in the mining industry in the making of schematic before the construction of new mines. Similarly, AI also plays a very important role in this industry. This technology aids mining companies to organize, understand, and make decisions by analyzing the data they collect.

Lets’ have a quick look to see the top 12 mining companies are using these technologies or not:

Northern Dynasty Minerals Ltd. (AMEX: NAK)

Northern Dynasty Minerals Ltd. (AMEX: NAK) shares were trading up 19.23% at $1.14 at the time of writing on Thursday. Northern Dynasty Minerals Ltd. (AMEX: NAK) share price went from a low point around $0.35 to briefly over $2.49 in the past 52 weeks, though shares have since pulled back to $1.14.

Northern Dynasty Minerals Ltd. has confirmed that financial market participants can get an update on the company and its 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in southwest Alaska via two online presentations from its senior leaders this week. NAK market cap has remained high, hitting $583.20M.

Vale S.A. (NYSE: VALE)

Vale S.A. (NYSE: VALE) last closed at $11.88, in a 52-week range of $6.49 to $13.67. Analysts have a consensus price target of $15.08. Vale S.A. (VALE) revealed on Monday that it has decided to end production of manganese ferroalloys in the city of Simões Filho, in Bahia state. The company is anticipating closing the production by the end of the year. The company is also focusing on the buyout program for its employees. If we look at its liquidity, it has a current ratio of 1.80. This company’s market capitalization is $59.17 billion.

Teck Resources Limited (NYSE: TECK)

Teck Resources Limited (NYSE: TECK) stock soar by 3.62% to $14.89. The most recent rating by National Bank Financial, on July 21, 2020, is at a Sector perform. Teck Resources Limited revealed earlier that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A. have signed a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile. CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy.

BHP Group (NYSE: BHP)

BHP Group (NYSE: BHP) shares headed falling, lower as much as -0.70%. The most recent rating by Goldman, on September 15, 2020, is at a Buy. BHP Group (BHP) is trying to disturb cultural sites even after concerns raised. BHP executives David Bunting, the company’s Australian Heritage Manager, and Libby Ferrari, Head of Indigenous Engagement, confirmed the application of BHP to disturb 40 sacred sites of the Banjima indigenous group as part of its $2.9 billion South Flank mine expansion in the Pilbara.

Rio Tinto Group (NYSE: RIO)

Rio Tinto Group (NYSE: RIO) last closed at $64.72, in a 52-week range of $35.35 to $66.55. Analysts have a consensus price target of $58.45. Previously, Rio Tinto Group (RIO) disclosed an update in respect of its beneficial ownership of common shares of Entrée Resources Ltd. held by its wholly-owned subsidiary Rio Tinto International Holdings Limited.

Great Panther Mining Limited (AMEX: GPL)

Great Panther Mining Limited (AMEX: GPL) Shares headed rising, higher as much as 0.98%. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) has shared the publication of its first Sustainability Report showing the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

America’s Gold and Silver Corporation (AMEX: USAS)

America’s Gold and Silver Corporation (AMEX: USAS) stock drop by -1.92% to $3.07. America’s Gold and Silver Corporation (USAS) has announced a significant increase to Galena Complex Resource. America’s Gold and Silver Corporation market capitalization have remained high, hitting $356.78 million at the time of writing.

BHP Group (NYSE: BBL)

BHP Group (NYSE: BBL) fall -1.10% after losing more than -$0.51 on Thursday. BHP Group (NYSE: BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $45.89. BHP Group market cap has remained high, hitting $130.14 billion at the time of writing. Focusing on its profitability, its return on assets, equity, and investment is 8.00%, 16.50%, and 14.70%.

Lithium Americas Corp. (NYSE: LAC)

Lithium Americas Corp. (NYSE: LAC) stock soar by 5.08% to $9.52. The most recent rating by ROTH Capital, on May 03, 2018, is at a Buy. In the past 52-weeks of trading, Lithium Americas Corp. (LAC) stock has fluctuated between the low range of $1.92 and a high range of $9.71. It has moved up 395.83% from its 52-weeks low and moved down 9.71% from its 52-weeks high. This company’s market capitalization has remained high, hitting $862.92 million at the time of writing.

Ferroglobe PLC (NASDAQ: GSM)

Ferroglobe PLC (NASDAQ: GSM) rose 6.45% after gaining more than $0.04 on Thursday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.38 in the past 52 weeks, though shares have since pulled back to $0.70. Ferroglobe PLC’s market cap has remained high, hitting $121.24 million at the time of writing.

Taseko Mines Limited (AMEX: TGB)

Taseko Mines Limited (AMEX: TGB) last closed at $1.20, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has moved up 500.00% and 0.84% from its 52-weeks low and 52-weeks high, respectively. This company’s market capitalization has remained high, hitting $299.77 million at the time of writing.

Piedmont Lithium Limited (NASDAQ: PLL)

Piedmont Lithium Limited (NASDAQ: PLL) Shares headed rising, higher as much as 32.53%. Piedmont Lithium Limited (PLL) share price went from a low point around $4.00 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $11.00. Piedmont Lithium Limited market cap has remained high, hitting $127.08 million at the time of writing.

September 18, 2020