Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos said his company will announce the location of its second headquarters by the end of the year. Cities have been aggressively vying for it, as it is supposed to create tens of thousands of jobs.
Residents and businesses in some cities believe the move would be a mixed blessing because Amazon would receive huge tax credits and would put a strain on infrastructure and raise real estate prices. Nevertheless, a city will get to test those theories well into 2019 and 2020 when the location actually will be built.
According to CNBC:
“The answer is very simple,” Bezos told David Rubenstein, the president of the Economic Club of Washington D.C. and the cofounder of the Carlyle Group. “We will answer the decision before the end of the year.”
The reason to create a second headquarters has always been fuzzy. Almost certainly no other large U.S. company has a second headquarters. One is enough to hold senior staff and perhaps a large part of operations. Amazon’s headquarters is in Seattle, where it has tens of thousands of square feet of space. Any other location, for any other company, would be a place to put a factory, distribution center or home for a division. Bezos does not think that is enough.
Hot Stocks To Watch Right Now: Franco-Nevada Corporation(FNV)
Advisors' Opinion:- [By Joseph Griffin]
Franco Nevada Corp (NYSE:FNV) (TSE:FNV) saw some unusual options trading on Tuesday. Stock traders bought 8,054 put options on the stock. This is an increase of 3,010% compared to the typical daily volume of 259 put options.
- [By David Zeiler]
"If you look back to the 70s, 80s and 90s, in every of those decades the industry found at least one 50+ million ounce gold deposit, at least ten 30+ million ounce deposits and countless five to 10 million ounce deposits. But if you look at the last 15 years, we found no 50 million ounce deposit, no 30 million ounce deposit and only very few 15 million ounce deposits," Pierre Lassonde, chair of gold royalty and income stream company Franco-Nevada Corp. (NYSE: FNV), told German financial newspaper Finanz und Wirtschaft last October.
- [By Maxx Chatsko]
With that in mind, what should investors make of the double-digit declines from Goldcorp (NYSE:GG) and Royal Gold (NASDAQ:RGLD) since the beginning of May? Similarly, given the growth prospects of Franco-Nevada Corp (NYSE:FNV), does its 6% drop represent a buying opportunity?
Hot Stocks To Watch Right Now: LG Display Co., Ltd.(LPL)
Advisors' Opinion:- [By Logan Wallace]
LG Display Co Ltd. (NYSE:LPL)’s share price rose 5.5% on Friday . The company traded as high as $7.99 and last traded at $7.91. Approximately 628,446 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 788,202 shares. The stock had previously closed at $7.50.
- [By Ashraf Eassa]
That's set to change this year, with LG Display (NYSE:LPL) reportedly set to manufacture a portion of the OLED screens that Apple will use in this year's iPhone lineup. And now, a third player may be set to join the fray.
- [By Ashraf Eassa]
LG Display (NYSE: LPL) has been long been rumored to be vying aggressively for Apple's OLED display business, so it wouldn't be surprising to see the company benefit from Apple's shift from LCDs to OLED-based displays. LG Display could end up supplying OLED panels to Apple for this year's iPhones, but there have been reports that LG Display is struggling to meet Apple's stringent quality standards. There have also been rumors that Chinese display maker BOE is also vying to supply Apple with OLED displays.
- [By Ashraf Eassa]
While there have been reports that Apple will also rely on LG Display (NYSE:LPL) to supply some of the OLED screens for its latest iPhone XS and iPhone XS Max devices, it's probably safe to say that Samsung remains a key supplier of OLED screens for those devices, too.
Hot Stocks To Watch Right Now: Aphria Inc. (APHQF)
Advisors' Opinion:- [By Sean Williams]
As a result, major players like Aphria (NASDAQOTH:APHQF) have turned to alternative cannabis products, such as cannabis oils and extracts, which are less prone to commoditization and have significantly higher margins than dried cannabis. In June, Aphria announced its intent to construct an extraction center that'll yield approximately 25,000 kilograms of cannabis-equivalent concentrates per year, when completed. Keep in mind that while cannabis oils will be legal come Oct. 17, concentrates, vapes, edibles, and infused beverages will not be. These other alternative forms of consumption are widely expected to become legal following a discussion and legalization by Canada's Parliament next year.
- [By Keith Speights]
Which marijuana partner will Diageo actually pick? There's no way to know for sure. My view, though, is that the top three candidates the company should be looking at closely are Aphria (NASDAQOTH:APHQF), Tilray (NASDAQ:TLRY), and Aurora Cannabis (NASDAQOTH:ACBFF). Here's why.
- [By Sean Williams]
Though there's a discernible drop-off in production between the top two growers and Aphria (NASDAQOTH:APHQF), Aphria is still in a league of its own with an estimated peak production potential of 255,000 kilograms, when at full capacity. Very similar to Aurora Cannabis, Aphria has mixed in organic growth, strategic partnerships, and acquisitions to get where it is today.
- [By ]
As of the time of this writing, the average price to sales ratio of the large Canadian cannabis producers is 40 (Aurora (OTCQX:ACBFF): 33; Canopy (OTCPK:TWMJF): 65; Aphria (OTCQB:APHQF): 28.5; MedReleaf (OTCPK:MEDFF): 35). Given iAnthus' vertical integration and lack of competition, their margins should be significantly better than any of those firms. However, since they operate in the US where there is greater legal risk, we will reduce that multiple by half. Assuming the low end of expected revenue for 2018 of $20 million, and a P/S of 20, we arrive at a valuation of $400,000,000, giving us a one year price target of $5/share.
Hot Stocks To Watch Right Now: LightPath Technologies, Inc.(LPTH)
Advisors' Opinion:- [By Lisa Levin] Gainers Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares rose 14.1 percent to $3.65 in the pre-market trading session after reporting 2017 year-end results. LightPath Technologies, Inc. (NASDAQ: LPTH) rose 13.3 percent to $2.43 in pre-market trading after reporting a third-quarter earnings beat. MYnd Analytics, Inc. (NASDAQ: MYND) rose 10.5 percent to $3.49 in pre-market trading. MYnd Analytics reported a Q2 net loss of $2.7 million on revenue of $459,900. SORL Auto Parts, Inc. (NASDAQ: SORL) shares rose 8.4 percent to $5.68 in pre-market trading after reporting upbeat Q1 results. Famous Dave's of America, Inc. (NASDAQ: DAVE) shares rose 7.7 percent to $8.40 in pre-market trading after the company reported upbeat earnings for its first quarter on Monday. Xenon Pharmaceuticals Inc. (NASDAQ: XENE) rose 7.5 percent to $6.45 in pre-market trading after the company presented XEN901 Phase 1 clinical update and XEN1101 TMS pharmacodynamic Phase 1 data. Mimecast Ltd (NASDAQ: MIME) rose 6.5 percent to $43.50 in pre-market trading following a first-quarter sales beat. Boxlight Corporation (NASDAQ: BOXL) rose 6 percent to $12.50 in pre-market trading after surging 77.44 percent on Monday. Intellia Therapeutics, Inc. (NASDAQ: NTLA) shares rose 6 percent to $26.05 in pre-market trading after climbing 3.58 percent on Monday. PPDAI Group Inc. (NASDAQ: PPDF) rose 4.7 percent to $7.20 in pre-market trading following Q1 results. Xunlei Limited (NASDAQ: XNET) rose 4.1 percent to $13.88 in pre-market trading after gaining 2.54 percent on Monday. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) shares rose 4.5 percent to $21.73 in pre-market trading. Mizuho upgraded Valeant from Neutral to Buy. Bovie Medical Corporation (NYSE: BVX) rose 4.1 percent to $3.80 in pre-market trading after reporting a first-quarter sales beat. Myomo, Inc. (NYSE: MYO) rose 3.4 percent to $4.00 in pre-market trading after jumping 23.25 percent o
- [By Joseph Griffin]
Headlines about LightPath Technologies (NASDAQ:LPTH) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty 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. LightPath Technologies earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.9867601112654 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Hot Stocks To Watch Right Now: Eli Lilly and Company(LLY)
Advisors' Opinion:- [By Todd Campbell]
On this episode of The Motley Fool's Industry Focus: Healthcare, host Kristine Harjes is joined by Motley Fool contributor Todd Campbell to explain how diabetes treatments are driving growth at Eli Lilly & Co. (NYSE:LLY) and why investors ought to pay attention to Lilly's decision to spin off its animal health business, Elanco, later this year.
- [By Todd Campbell]
Eli Lilly and Company (NYSE:LLY) generates over 40% of its sales from diabetes medications, including insulin, and its sales could grow significantly over the coming decade because of an increasingly larger and longer-living global population. In the United States alone, the number of people with diabetes is expected to grow to nearly 55 million in 2030, from about 30 million in 2017, according to the Institute for Alternative Futures (IAF).
- [By ]
AbbVie (ABBV) : "I want to stay away from controversy. I like Eli Lilly (LLY) ."
Cramer and the AAP team note that seven of the companies in their portfolio are reporting this week, including Abbott Laboratories (ABT) , Nucor (NUE) and Honeywell (HON) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
- [By Lisa Levin] Gainers Turtle Beach Corporation (NASDAQ: HEAR) surged 87.1 percent to $12.98 after the company reported Q1 results and raised its FY18 outlook. ARMO BioSciences, Inc. (NASDAQ: ARMO) shares jumped 66.8 percent to $49.735 after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. vTv Therapeutics Inc. (NASDAQ: VTVT) gained 34 percent to $2.2920 following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Prestige Brands Holdings, Inc. (NYSE: PBH) climbed 22.3 percent to $34.84 after the company posted upbeat Q4 earnings. Depomed, Inc. (NASDAQ: DEPO) shares jumped 22.2 percent to $7.28 following better-than-expected Q1 earnings. Everspin Technologies, Inc. (NASDAQ: MRAM) gained 19.8 percent to $8.89 after the company reported strong results for its first quarter. Luxfer Holdings PLC (NYSE: LXFR) surged 19.8 percent to $17.10 following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 18.3 percent to $2.26 after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Intelligent Systems Corporation (NYSE: INS) gained 17 percent to $7.116. Green Dot Corporation (NYSE: GDOT) surged 15.3 percent to $73.00 after reporting upbeat Q1 earnings. The Chefs' Warehouse, Inc. (NASDAQ: CHEF) climbed 15 percent to $28.85. Chefs' Warehouse posted Q1 earnings of $0.03 per share on sales of $318.6 million. Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 14.2 percent to $2.9701. Wright Medical Group N.V. (NASDAQ: WMGI) jumped 13.8 percent to $23.87 after reporting upbeat quarterly earnings. Diplomat Pharmacy, Inc. (NYSE: DPLO) gained 13.4 percent to $22.70. Diplomat named Brian Griffin as Chairman and CEO. Carvana Co. (NYSE: CVNA) shares rose 13 percent to $27.97 after reporting upbeat Q1 sales. Prothena Corporation plc (NASDAQ: PRTA) gained 12 percent to $15.19
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