The Biggest Loser: Accenture Tumbles 4.5%

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Source: Blogs Barrons Stocks To WatchAccenture (ACN) tumbled to the bottom of the S&P 500 today after beating earnings forecasts but offering disappointing 2017 guidance.Accenture dropped 4.5% to $120.76 today, while the S&P 500 dipped 0.1% to 2,345.96.Evercore ISI’s David Togut and team remain optimistic about Accenture’s prospects:For 2Q FY17, Accenture operating inco … [Read more...]

The Hot Stock: PVH Soars 8.5%

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Source: Blogs Barrons Stocks To WatchPVH (PVH) soared to the top of the S&P 500 today after its earnings topped the Street consensus.PVH gained 8.5% to $98.55, while the S&P 500 dipped 0.1% to 2,345.96. The SPDR S&P Retail ETF (XRT) rose 0.8% to $41.21 as it bounced back from losses earlier this week.Wunderlich’s Eric Beder claims there’s a “worldwide power grab at P … [Read more...]

Is It Time To Buy Ultragenxy?

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Source: Blogs Barrons Stocks To WatchNothing guts a drug stock like bad clinical trial data. Shares of Ultragenyx Pharmaceutical (RARE) fell as much as 10% after a seizure medication failed in a phase II study.Trading at a recent $72.22, the shares were down 7.7% after earlier falling as much as 10% to $70.51The seizure drug UX007 was tested as a treatment for glucose … [Read more...]

Why American Airlines is Soaring

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Source: Blogs Barrons Stocks To WatchShares of American Airlines (AAL) are soaring today after Stifel named the stock to Stifel Select List. But it’s the reason for Stifel’s optimism, more than the addition itself, that is eye catching.See, American Airlines has been under pressure this year–its dropped 11% so far in 2017–on fears that increased capacity would reduce its profita … [Read more...]

American Airlines: Stumble, Stumble, Trip!

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Source: Blogs Barrons Stocks To WatchWhen Delta Air Lines (DAL) announced on Monday that its passenger revenue growth and margins would be weaker than expected, its shares fell 2.6% and helped spark a selloff in airline stocks. Today, American Airlines (AAL) followed suit when it said passenger revenue would be lower than originally forecast, but unlike Delta it held its margin … [Read more...]

Dollar General: “Unreasonable” Growth Estimates?

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Source: Blogs Barrons Stocks To WatchCredit Suisse says it’s time to sell Dollar General (DG).Analyst Edward Kelly downgraded the discount retailer to underperform and cut his price target from $68 to $62 a share, arguing that the company’s goal of opening 1,000 stores a year and growing earnings by 10% seems “unreasonable.”DG’s long-term growth algorithm looks unachievable, as … [Read more...]

PVH: Not Just Another Apparel Maker; Shares Surge 8.4% After F4Q earnings

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Source: Blogs Barrons Stocks To WatchShares of Calvin Klein owner PVH (PVH) are on track to deliver its best day in 18 months after the apparel maker posted fiscal fourth quarter earnings beat expectations and increased its share buyback plan.At a recent $98.50, the stock climbed 8.4% after earlier rising more than 10% to $100 a share, its highest price since December.As … [Read more...]

Five Below: Fiscal 4Q Earnings Come Out On Top

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Source: Blogs Barrons Stocks To WatchShares Five Below (FIVE) rose more than 12% in recent market action after the s discount retailer unveiled fiscal fourth quarter earnings that beat expectation an called for more store openings.As MarketWatch reports:Five Below said it earned $49.8 million, or 90 cents a share, in the fourth quarter, compared with $42 million in the year-ago … [Read more...]

Healthcare Stocks Await TrumpCare Vote

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Source: Blogs Barrons Stocks To WatchEfforts to pass President Donald J. Trump’s healthcare bill have become a comedy of errors — not to mention a few machination. Its first act finishes today, when the House of Representatives votes on TrumpCare.For the Trump administration, it’s crunch time. Unwinding and replacing the Affordable Care Act signed into law seven years ago was a … [Read more...]

GOP Health Plan: Winners, Losers & Who Knows

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Source: Blogs Barrons Stocks To WatchInvestors trying to get a handle on how to play the GOP’s long-awaited proposal for replacing the Affordable Care Act appear to have been left with more questions than answers.Called the American Health Care Act, the legislation unveiled Monday phases out key parts of the 2010 law known unofficially as Obamacare. The legislation ends a r … [Read more...]