$NCLH has gotten killed in this market along with the other major cruise line operators $RCL and $CCL. At just under $10 a share, $NCLH looks very attractive after trading as high as $59.78 in January. Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and...
$EVRI is another casino play that has caught our attention. The stock looks awfully cheap and trades at just 0.38x sales, 0.7x cash, and a PEG ratio of 0.70. When the market rebounds, $EVRI will outperform. Furthermore, insiders have recently been buying the stock, which is always a good sign. Everi Holdings Inc. provides technology solutions for the casino...
Through this selloff, we've been waiting and looking for long-term positions that we can buy and forget. $ERI is one such stock. $ERI has been hit with the rest of the casino sector, but has been hurt the most along with its merger partner $CZR. The combination of the two casino operators is scheduled to close during the first half of this year, although the huge...
$OI has caught our attention as it trades at trendline support above $5, down from 52-week highs of $20. Like all other stocks, $OI has gotten hit due to corona, but we think $OI has a good risk/reward setup. The stock trades at just 2x this year's earnings and 0.13x sales. Last week, $OI put out and update and here's what management had to say. “O-I’s operating...
On one of the market's worst days, $PINC traded off the lows and actually closed slightly higher on the day. Looking at the strong support at $28, we believe $PINC is a smart play during these turbulent times. $PINC is also incredibly cheap trading at just 10x this year's earnings and a low PEG of just 0.44. Premier, Inc., together with its subsidiaries,...
$KR is a stock we really like, especially with coronavirus going around. People still need to go to the grocery store and they will stock up. This is why $KR has not gotten hit as bad as other stocks. In times like this, it's important to look for quality companies with limited downside. $KR fights that bill. $KR trades at just 14x this year's earnings and 0.2x...
$AMCX is a buy off the long-term downtrend support line. We believe $AMCX is due for a trend change. With 21.71% of the float short, there's room for short covering. In addition, $AMCX is a cheap value play. $AMCX trades at just 4x earnings, 0.51x sales, 1.89x cash, and 3.94x FCF. AMC Networks Inc. owns and operates various cable television's brands delivering...
$MO looks to be a safe bet in the coronavirus crisis. People will find a way to get their cigarettes no matter what. $40 is a key level and the MACD is turning positive. We can easily see a quick bounce. $MO trades at just 9x earnings. As always, trade with caution. Good luck to all!
We know it's hard to pick stocks in the current environment, but there are some bargains to be had. One worth playing is $SNPS. $SNPS has strong support around the $132 level. The company is out with news today: Introducing Synopsys DSO.ai™: The world's first autonomous AI application for chip design MOUNTAIN VIEW, Calif., March 11, 2020 /PRNewswire/...
$BAC has major support at the $26.50 level. We believe $BAC is a smart long-term play that is worth accumulating on the coronavirus sell-off. As always, trade with caution and use protective stops. Good luck to all!
$WYNN is one which we've been watching and think it's time to start nibbling. We are now at multi-year lows and the $80 level has strong support. The best way to play this sell-off is to buy quality companies. If the sell-off continues, add a little more. Good luck to all!
$GILD has been stuck in the $63 to $70 range for over a year. After yesterday's significant breakout, look for $GILD to keep climbing. Contributing to yesterday's breakout was the news that a World Health Organization official comments that the company's experimental drug may be the best candidate to treat the new coronavirus that's spreading globally. Gilead's...
$WBA is trading at major long-term support levels around the $49 level. Besides the technical picture, the fundamentals are also supportive of a LONG position in $WBA. $WBA is trading at just 8x this year's earnings, 0.32x sales, and 14.85x FCF. We are also bullish on its competitor $RAD, which we've written up in the past. As always, trade with caution and use...
$AEO has a multiple bottom in place and is on the verge of breaking out of the downtrend line. With the stock trading at just 9.7x earnings, there's been talk of M&A happening in the beaten-down retail space. Citi sees M&A optionality with Abercrombie & Fitch (NYSE:ANF). The firm thinks Amazon (NASDAQ:AMZN) should take a look at an acquisition or a merger with...
$GRUB looks like it's ready to make a move higher. The stock is still 30% off its 52-week highs and 19.23% of the float is short, so there's plenty of short covering that can take place. There also could be some M&A happening in the food delivery space. DoorDash (DOORD), Postmates (NYSE:POST) and Uber Eats (NYSE:UBER) have been in various merger talks over the...
$FVRR made a nice breakout after a strong Q4 earnings report. With 12.32% of the float short, there's more short covering to push the stock higher. $FVRR is a good ways off its 52-week high above $44 a share. Fiverr International (NYSE:FVRR): Q4 Non-GAAP EPS of -$0.08 beats by $0.05; GAAP EPS of -$0.23 in-line. Revenue of $29.53M (+42.6% Y/Y) beats by...
$EVBG has broken out to the upside after a strong Q4 earnings report. With 12.93% of the float short, there's more short covering to take place. Everbridge (NASDAQ:EVBG): Q4 Non-GAAP EPS of $0.05 beats by $0.01; GAAP EPS of -$0.39 beats by $0.06. Revenue of $57.11M (+36.6% Y/Y) beats by $0.9M. Everbridge, Inc. operates as a software company in the United States...
$SEDG has broken out of its channel after delivering a strong Q4 earnings beat. SolarEdge Technologies (NASDAQ:SEDG): Q4 Non-GAAP EPS of $1.65 beats by $0.40; GAAP EPS of $1.03 misses by $0.02. Revenue of $418.2M (+58.6% Y/Y) beats by $4.4M. SolarEdge (NASDAQ:SEDG) reports Q4 beats with 59% Y/Y revenue growth. Solar product revenue totaled $389M, up 60%...