Traders, investors and Star Wars fans alike must be thrilled with Walt Disney Co (DIS, $110.57) these days. As well they should.
In successive days, Disney announced a deal to acquire a large part of 21st Century Fox (FOXA) and debuted the latest installment of the Star Wars saga in a wide release. Whether Star Wars: The Last Jedi can eclipse the $2 billion mark like 2015��s Star Wars: The Force Awakens did (and even beat Episode VII outright) remains to be seen, but its dramatic acquisition of Fox is unquestionably a blockbuster.
Disney stock is trading at a discount to the broader market and sits within reach of its all-time high of $122.08 hit more than two years ago. The blue chip looks like a buy on the heels of this news.
Here��s why.
Disney the Streaming Giant?Disney is spending $52.4 billion to acquire Fox��s movie and televisions studios, cable and international TV businesses, local sports channels and some other assets.
Top 5 Blue Chip Stocks To Own For 2019: CNB Financial Corporation(CCNE)
Advisors' Opinion:- [By Stephan Byrd]
ILLEGAL ACTIVITY WARNING: “CNB Financial (CCNE) Rating Lowered to Sell at Zacks Investment Research” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3370450/cnb-financial-ccne-rating-lowered-to-sell-at-zacks-investment-research.html.
- [By Stephan Byrd]
BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Thursday morning.
A number of other research analysts have also recently issued reports on CCNE. ValuEngine cut shares of CNB Financial from a strong-buy rating to a buy rating in a report on Wednesday, May 2nd. Zacks Investment Research raised shares of CNB Financial from a sell rating to a hold rating in a report on Thursday, June 14th. Boenning Scattergood reaffirmed a buy rating on shares of CNB Financial in a report on Tuesday, April 17th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of CNB Financial in a report on Tuesday, April 10th. They issued a market perform rating and a $35.00 price target for the company. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $31.50.
- [By Max Byerly]
BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Wednesday morning.
Several other equities research analysts have also issued reports on CCNE. Boenning Scattergood reissued a buy rating and set a $29.50 price target on shares of CNB Financial in a research report on Monday, February 5th. Zacks Investment Research lowered CNB Financial from a buy rating to a sell rating in a research report on Tuesday, February 20th. ValuEngine raised CNB Financial from a buy rating to a strong-buy rating in a research report on Monday, April 2nd. Finally, Keefe, Bruyette & Woods initiated coverage on CNB Financial in a research report on Tuesday, April 10th. They set a market perform rating and a $35.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $31.50.
Top 5 Blue Chip Stocks To Own For 2019: ARC Document Solutions, Inc.(ARC)
Advisors' Opinion:- [By Max Byerly]
Here’s how other cryptocurrencies have performed during the last day:
Get ArcticCoin alerts: Pura (PURA) traded 15.3% lower against the dollar and now trades at $0.13 or 0.00001916 BTC. Polis (POLIS) traded 11.1% lower against the dollar and now trades at $3.60 or 0.00053552 BTC. DigitalPrice (DP) traded 11% lower against the dollar and now trades at $0.0700 or 0.00001041 BTC. Onix (ONX) traded 17.5% lower against the dollar and now trades at $0.0070 or 0.00000104 BTC. Adzcoin (ADZ) traded 9.9% higher against the dollar and now trades at $0.0169 or 0.00000252 BTC. Advanced Technology Coin (ARC) traded down 3.3% against the dollar and now trades at $0.0283 or 0.00000421 BTC. Startcoin (START) traded down 6.3% against the dollar and now trades at $0.0094 or 0.00000139 BTC. Prime-XI (PXI) traded down 10.9% against the dollar and now trades at $0.0052 or 0.00000077 BTC. Uro (URO) traded flat against the dollar and now trades at $0.0411 or 0.00000536 BTC. Pioneer Coin (PCOIN) traded 6.3% lower against the dollar and now trades at $0.0161 or 0.00000240 BTC.ArcticCoin Profile
- [By Stephan Byrd]
Here’s how similar cryptocurrencies have performed during the last day:
Get Advanced Technology Coin alerts: Pura (PURA) traded 3.9% higher against the dollar and now trades at $0.10 or 0.00001530 BTC. Polis (POLIS) traded down 4.2% against the dollar and now trades at $3.01 or 0.00045423 BTC. DigitalPrice (DP) traded 2.4% lower against the dollar and now trades at $0.0684 or 0.00001034 BTC. ArcticCoin (ARC) traded 12.8% lower against the dollar and now trades at $0.0422 or 0.00000513 BTC. Adzcoin (ADZ) traded up 4.8% against the dollar and now trades at $0.0234 or 0.00000354 BTC. Onix (ONX) traded 5.7% lower against the dollar and now trades at $0.0068 or 0.00000103 BTC. Startcoin (START) traded 4.4% higher against the dollar and now trades at $0.0092 or 0.00000139 BTC. Prime-XI (PXI) traded up 11.3% against the dollar and now trades at $0.0049 or 0.00000074 BTC. Pioneer Coin (PCOIN) traded down 6% against the dollar and now trades at $0.0198 or 0.00000299 BTC. Uro (URO) traded flat against the dollar and now trades at $0.0411 or 0.00000536 BTC.About Advanced Technology Coin
- [By Logan Wallace]
ArcticCoin (CURRENCY:ARC) traded down 1.9% against the dollar during the 24 hour period ending at 20:00 PM ET on May 7th. In the last week, ArcticCoin has traded 8.2% lower against the dollar. ArcticCoin has a total market cap of $1.37 million and approximately $22,335.00 worth of ArcticCoin was traded on exchanges in the last day. One ArcticCoin coin can now be purchased for $0.0553 or 0.00000591 BTC on major exchanges including C-CEX, Livecoin, YoBit and Cryptopia.
Top 5 Blue Chip Stocks To Own For 2019: Citizens Financial Group, Inc.(CFG)
Advisors' Opinion:- [By Shanthi Rexaline]
Citizens Financial Group Inc (NYSE: CFG) shares were down Tuesday, dragged by macro concerns following the rise in Italian sovereign debt yields and a 14-basis point decline in the 10-year U.S. treasury yield.
- [By Ethan Ryder]
Citizens Financial Group Inc (NYSE:CFG) insider Randall J. Black sold 792 shares of Citizens Financial Group stock in a transaction on Tuesday, June 5th. The shares were sold at an average price of $41.49, for a total value of $32,860.08. Following the completion of the transaction, the insider now owns 34,258 shares in the company, valued at $1,421,364.42. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
- [By Max Byerly]
M&T Bank Corp lowered its stake in Citizens Financial Group (NYSE:CFG) by 38.5% during the 1st quarter, HoldingsChannel reports. The firm owned 52,349 shares of the bank’s stock after selling 32,830 shares during the quarter. M&T Bank Corp’s holdings in Citizens Financial Group were worth $2,198,000 at the end of the most recent reporting period.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Citizens Financial Group (CFG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Blue Chip Stocks To Own For 2019: Malibu Boats, Inc.(MBUU)
Advisors' Opinion:- [By Rich Duprey]
The latter will put Polaris in competition with leading powerboat manufacturer Malibu Boats (NASDAQ:MBUU), which last year bought Cobalt Boats, the top maker of 24- to 29-foot sterndrive boats.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Malibu Boats (MBUU)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Malibu Boats (MBUU)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Blue Chip Stocks To Own For 2019: LKQ Corporation(LKQ)
Advisors' Opinion:- [By Stephan Byrd]
Amundi Pioneer Asset Management Inc. increased its position in shares of LKQ Co. (NASDAQ:LKQ) by 11.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 590,729 shares of the auto parts company’s stock after purchasing an additional 59,069 shares during the period. Amundi Pioneer Asset Management Inc. owned approximately 0.19% of LKQ worth $22,418,000 at the end of the most recent quarter.
- [By Dan Caplinger]
LKQ (NASDAQ:LKQ) has found itself an extremely profitable niche in the auto parts and accessories business. By concentrating largely on the specialty and alternative market, LKQ aims to capture higher-margin business that many other parts manufacturers choose not to pursue. That's generally been a winning formula for the company over the long run.
- [By Stephan Byrd]
LKQ Co. (NASDAQ:LKQ) was the target of some unusual options trading activity on Wednesday. Traders purchased 2,843 put options on the stock. This represents an increase of 2,990% compared to the average daily volume of 92 put options.