Highlights:
- Axis Bank has the potential to take over the baton from HDFC Bank
- The bank has best in class liability profile
- It is diversifying and de-risking asset book
- The new management has eyes set at 18 percent RoE
- The focus on risk-adjusted return to ensure quality
- Valuation gap with HDFC Bank to narrow
-------------------------------------------------
The worst is over for Axis Bank (CMP: Rs 732, Market Cap: Rs 188,247 crore) and it could well become the next HDFC Bank for the stock market.
In the past twenty years, HDFC Bank has demonstrated an impeccable track record of execution and the brand is now synonymous with consistency. In this period, its profit grew at a compounded annual growth rate (CAGR) of 32.5 percent, and market capitalisation at a CAGR of 34 percent.
Axis Bank, like most of its peers, could not escape the non-performing asset mess. But the crisis has forced a change of guard – which is a game changer in our view - as well as a rapid clean-up of its balance sheet. That will allow it to embark on a growth journey with quality.
Top 10 Performing Stocks To Own Right Now: ENSERVCO Corporation(ENSV)
Advisors' Opinion:- [By Logan Wallace]
Enservco (NYSEAMERICAN:ENSV) will be issuing its quarterly earnings data before the market opens on Wednesday, May 9th.
Enservco (NYSEAMERICAN:ENSV) last issued its earnings results on Thursday, March 22nd. The oil and gas producer reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). Enservco had a negative return on equity of 89.94% and a negative net margin of 43.71%. The business had revenue of $14.13 million during the quarter.
Top 10 Performing Stocks To Own Right Now: Genomic Health, Inc.(GHDX)
Advisors' Opinion:- [By Maxx Chatsko]
Shares of Genomic Health (NASDAQ:GHDX) rose nearly 15% last month, according to data provided by S&P Global Market Intelligence. There wasn't any news that pushed shares higher, but the genetic testing leader has finally turned a corner in 2018 and is now delivering profitable growth for shareholders. That sets it apart from most other genomics stocks, which has caught the eye of investors interested in the high-growth space.
- [By Ethan Ryder]
Genomic Health, Inc. (NASDAQ:GHDX) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $67.00 and last traded at $66.96, with a volume of 5932 shares traded. The stock had previously closed at $64.85.
- [By Brian Orelli]
Shares of Genomic Health (NASDAQ:GHDX) are up 18.6% at 1:23 p.m. EDT after data from the Trial Assigning Individualized Options for Treatment (TAILORx) trial was presented at the American Society of Clinical Oncology meeting and published in The New England Journal of Medicine.
Top 10 Performing Stocks To Own Right Now: Taiwan Semiconductor Manufacturing Company Ltd.(TSM)
Advisors' Opinion:- [By Ashraf Eassa]
The claim from Intel seems questionable at best. To illustrate, let's dive deep into when Intel has brought products to market on new technologies and when its competition -- Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and Samsung (NASDAQOTH:SSNLF) -- have.
- [By ]
Judging by the speculation and the news flowing out of the chip space, Action Alerts PLUS holding Apple (AAPL) may have to wait a bit before breaking through the $1 trillion market cap level. The commentary out of chip supplier Taiwan Semiconductor (TSM) , a company that counts Apple, Qualcomm (QCOM) and Nvidia (NVDA) as customers, that current quarter sales will be about $1 billion less than analysts' estimates pressured most of the tech space.
- [By Ashraf Eassa]
The A12 should bring a big leap in performance and efficiency compared to the company's prior generation A11 Bionic chip, thanks to design improvements by Apple coupled with a migration to Taiwan Semiconductor Manufacturing Company's (NYSE:TSM) new 7-nanometer chip manufacturing technology.
- [By Ashraf Eassa]
In its press release, Apple boasted that its new trio of iPhones incorporate "the first 7-nanometer chip in a smartphone." Since Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is the only company that's currently mass-producing 7-nanometer chips, it's a safe bet that the Taiwan-based contract chip manufacturing giant is responsible for cranking out Apple's latest chip design.
Top 10 Performing Stocks To Own Right Now: Aimia Inc. (GAPFF)
Advisors' Opinion:- [By ]
The preferred shares for Aimia (OTCPK:GAPFF) offer an attractive investment return of 28%, assuming redemption, in contrast to the common shares which are trading at their fair value. We believe the market is under-pricing the preferred shares.
- [By SEEKINGALPHA.COM]
Aimia (OTCPK:GAPFF) (TSX: AIM, AIM.PR.A, AIM.PR.B, AIM.PR.C)
As some background, we are intimately familiar with Aeroplan and Air Canada (OTCQX:ACDVF) not just as investors but as extraordinarily heavy consumers. As both an Air Canada top tier elite and Aeroplan top tier member I generate well in excess of 1.5 million Aeroplan miles annually, half from flying Air Canada and its partners and the other half from spending. As consumers we were concerned with Air Canada's decision (though we expect more details to come out that will alleviate these concerns) but as investors we understand that the fundamental business model of mileage programs are incredibly attractive and that Aimia presents an incredibly rare and lucrative investment opportunity for the investor discerning enough to dig into the company.
Top 10 Performing Stocks To Own Right Now: PNC Financial Services Group, Inc. (PNC)
Advisors' Opinion:- [By Max Byerly]
Centaurus Financial Inc. lifted its holdings in shares of PNC Financial Services Group Inc (NYSE:PNC) by 23.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 4,645 shares of the financial services provider’s stock after acquiring an additional 895 shares during the period. Centaurus Financial Inc.’s holdings in PNC Financial Services Group were worth $628,000 at the end of the most recent quarter.
- [By Ethan Ryder]
Shares of PNC Financial Services Group Inc (NYSE:PNC) have earned a consensus rating of “Hold” from the twenty-seven brokerages that are covering the firm, Marketbeat.com reports. Nineteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $149.39.
- [By Logan Wallace]
Get a free copy of the Zacks research report on PNC Financial Services Group (PNC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Money Morning Staff Reports]
PNC Financial Services Group Inc. (NYSE: PNC) is joining the cryptocurrency revolution. The bank's Treasury Management division will soon start accepting cross-border transactions using Ripple's product, xCurrent, according to CoinDesk.com.
- [By Joseph Griffin]
Pendal Group Ltd increased its stake in PNC Financial Services (NYSE:PNC) by 70.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,051 shares of the financial services provider’s stock after acquiring an additional 47,363 shares during the period. Pendal Group Ltd’s holdings in PNC Financial Services were worth $17,400,000 at the end of the most recent reporting period.
Top 10 Performing Stocks To Own Right Now: BankFinancial Corporation(BFIN)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on BankFinancial (BFIN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
BidaskClub lowered shares of BankFinancial (NASDAQ:BFIN) from a buy rating to a hold rating in a report issued on Wednesday.
Separately, Zacks Investment Research lowered shares of BankFinancial from a buy rating to a hold rating in a report on Tuesday, April 3rd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $17.58.
- [By Shane Hupp]
BankFinancial (NASDAQ:BFIN) and Territorial Bancorp (NASDAQ:TBNK) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, risk, dividends, earnings and valuation.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on BankFinancial (BFIN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on BankFinancial (BFIN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Performing Stocks To Own Right Now: Williams-Sonoma Inc.(WSM)
Advisors' Opinion:- [By Daniel Miller]
As major indices continue to trade near record highs it has become more difficult to hunt down valuable stocks at cheap prices. But if you can find those stocks, and if those stocks happen to boast a dividend yield of 3%, it gives investors an opportunity for solid returns at a time when many stocks are overpriced. Both Williams-Sonoma, Inc. (NYSE:WSM) and Ford Motor Company (NYSE:F) offer investors just that opportunity. Here's why.
- [By Leo Sun]
This move expands Walmart's home furnishing business into the backyard of specialty home furnishing companies like Williams-Sonoma (NYSE:WSM), which also owns Pottery Barn and West Elm. It also widens Walmart's moat against Amazon, which is aggressively expanding into private-label products like consumer goods, apparel, and mattresses.
- [By Steve Symington]
Williams-Sonoma (NYSE:WSM) announced better-than-expected fiscal first-quarter 2018 results on Wednesday after the market closed, highlighting accelerating e-commerce sales growth and solid growth across its core retail brands. Shares soared as much as 14% early Thursday before closing up nearly 6%. Let's browse the aisles to get a better idea of what the home-furnishings specialist accomplished over the past few months, as well as what investors should be watching in the quarters ahead.
Top 10 Performing Stocks To Own Right Now: Hardinge Inc.(HDNG)
Advisors' Opinion:- [By Reuben Gregg Brewer, Rich Smith, and Sean Williams]
Wall Street has a bad habit of focusing only on the largest and most interesting stories. That means that smaller, and sometimes boring, companies don't always get the analyst attention they deserve -- and that can spell opportunity if you are willing to do the extra legwork to get to know some unknown names. Three Motley Fool investors came up with these stocks to start you off with today: Hardinge Inc. (NASDAQ:HDNG), OrganiGram Holdings, Inc. (NASDAQOTH:OGRMF), and Osisko Gold Royalties Ltd. (NYSE:OR).
Top 10 Performing Stocks To Own Right Now: Columbia Sportswear Company(COLM)
Advisors' Opinion:- [By Shane Hupp]
Columbia Sportswear (NASDAQ:COLM) hit a new 52-week high and low during mid-day trading on Tuesday . The stock traded as low as $88.86 and last traded at $88.27, with a volume of 4020 shares traded. The stock had previously closed at $87.29.
- [By Motley Fool Transcribers]
Columbia Sportswear Co (NASDAQ:COLM)Q4 2018 Earnings Conference CallFeb. 07, 2019, 4:15 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Joseph Griffin]
Schwab Charles Investment Management Inc. trimmed its position in Columbia Sportswear (NASDAQ:COLM) by 15.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 218,646 shares of the textile maker’s stock after selling 38,455 shares during the period. Schwab Charles Investment Management Inc. owned about 0.31% of Columbia Sportswear worth $20,000,000 as of its most recent SEC filing.
Top 10 Performing Stocks To Own Right Now: National HealthCare Corporation(NHC)
Advisors' Opinion:- [By Logan Wallace]
Virginia Retirement Systems ET AL bought a new position in shares of National Healthcare (NYSEAMERICAN:NHC) in the 1st quarter, Holdings Channel reports. The institutional investor bought 5,600 shares of the company’s stock, valued at approximately $334,000.
- [By Logan Wallace]
Shares of Nobilis Health (NYSEAMERICAN:HLTH) (TSE:NHC) traded down 15.6% during mid-day trading on Tuesday following a dissappointing earnings announcement. The company traded as low as $1.35 and last traded at $1.35. 1,239,040 shares were traded during mid-day trading, an increase of 331% from the average session volume of 287,252 shares. The stock had previously closed at $1.60.
- [By Joseph Griffin]
US Bancorp DE grew its stake in shares of National HealthCare Co. (NYSEAMERICAN:NHC) by 14.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,558 shares of the company’s stock after purchasing an additional 1,539 shares during the period. US Bancorp DE owned approximately 0.08% of National HealthCare worth $883,000 as of its most recent filing with the Securities and Exchange Commission.
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