The US Department of Transportation announced Wednesday that 10 state and local governments have been selected to test advanced drone applications as part of a program to ease them into American skies.
The selected cities include San Diego, California; Reno, Nevada; Bismark, North Dakota; Memphis, Tennessee; Durant, Oklahoma; Herndon, Virginia; Topeka, Kansas; Raleigh, North Carolina; Fort Myers, Florida, and Fairbanks, Alaska.
The drones will be able to fly over people's heads, at night, and outside the view of the drone's operator. This will free up drones to do everything from deliver food and medicine to inspect critical infrastructure.
In Reno, drones will deliver defibrillators in partnership with the local 911 system. In Fort Myers, Florida, drones will be used to survey the mosquito population.
"Drones are a part of our aviation future," US Department of Transportation secretary Elaine Chao said at an event in Washington DC. "This is vital to making sure America reaps the important benefits of this new technology. That includes saving lives, creating new jobs and strengthening our country's competitiveness."
Top 5 Bank Stocks To Buy Right Now: Concord Medical Services Holdings Limited(CCM)
Advisors' Opinion:- [By Lisa Levin] Gainers Comstock Resources, Inc. (NYSE: CRK) shares shot up 52 percent to $7.235 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes. MarineMax, Inc. (NYSE: HZO) shares gained 24.2 percent to $21.80 as the company posted upbeat Q2 results and raised its FY18 outlook. Mattersight Corporation (NASDAQ: MATR) shares rose 22 percent to $2.625 after the company agreed to be purchased by NICE Ltd. Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped 21.3 percent to $411.871 as the company reported stronger-than-expected results for its first quarter on Wednesday. Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 17 percent to $3.10 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression. Ultra Clean Holdings, Inc. (NASDAQ: UCTT) rose 15.9 percent to $18.34 following upbeat Q1 earnings. PCM, Inc. (NASDAQ: PCMI) gained 15.6 percent to $12.20 following Q1 results. O'Reilly Automotive, Inc. (NASDAQ: ORLY) surged 14.4 percent to $260.3901 following upbeat Q1 profit. Concord Medical Services Holdings Limited (NYSE: CCM) gained 13.8 percent to $3.70. Penn National Gaming, Inc. (NASDAQ: PENN) rose 13.5 percent to $29.815 after reporting strong Q1 results. BioTelemetry, Inc. (NASDAQ: BEAT) rose 13.5 percent to $38.30 as the company reported stronger-than-expected earnings for its first quarter. Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose 13.1 percent to $10.985 as the company reported upbeat results for its first quarter. SJW Group (NYSE: SJW) shares gained 11.8 percent to $63.59 following Q1 results. California Water Service Group made an offer for SJW. Churchill Downs Incorporated (NASDAQ: CHDN) climbed 9.8 percent to $278.40 following Q1 results. CYS Investments, Inc. (NYSE: CYS)
- [By Lisa Levin] Gainers Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday. Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes. Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21. MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook. Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06. Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd. Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday. Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings. PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results. Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25. Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook. Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter. Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression. O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit. BioTelemetry,
Top 5 Bank Stocks To Buy Right Now: Just Energy Group, Inc.(JE)
Advisors' Opinion:- [By Ethan Ryder]
Canaccord Genuity lowered shares of Just Energy (NYSE:JE) (TSE:JE) from a buy rating to a hold rating in a report issued on Thursday morning. Canaccord Genuity currently has $3.86 price objective on the utilities provider’s stock.
- [By Lisa Levin]
Just Energy Group Inc. (NYSE: JE) is projected to post quarterly earnings at $0.15 per share on revenue of $873.77 million.
Dynagas LNG Partners LP (NYSE: DLNG) is expected to post quarterly earnings at $0.15 per share on revenue of $34.49 million.
Top 5 Bank Stocks To Buy Right Now: National Commerce Corporation(NCOM)
Advisors' Opinion:- [By Logan Wallace]
National Commerce (NASDAQ:NCOM) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Friday.
Top 5 Bank Stocks To Buy Right Now: Qualys, Inc.(QLYS)
Advisors' Opinion:- [By ]
Qualys (QLYS) : "I think this is a good company, but everything is coming down, so let's wait to buy some more."
HEICO (HEI) : "We're not buying anything at a 52-week high -- but on a pullback, you bet."
- [By ]
In the Lightning Round, Cramer was bullish on Align Technology (ALGN) , Regions Financial (RF) , Edwards Lifesciences (EW) , Qualys (QLYS) and HEICO (HEI) .
Top 5 Bank Stocks To Buy Right Now: Morningstar, Inc.(MORN)
Advisors' Opinion:- [By Shane Hupp]
Morningstar, Inc. (NASDAQ:MORN) reached a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $111.91 and last traded at $111.20, with a volume of 784 shares trading hands. The stock had previously closed at $111.35.
- [By Ethan Ryder]
Morningstar, Inc. (NASDAQ:MORN) reached a new 52-week high and low on Wednesday . The company traded as low as $114.71 and last traded at $114.20, with a volume of 975 shares changing hands. The stock had previously closed at $113.06.
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