Best Bank Stocks To Invest In 2019

tags:PCYO,EOG,NDRO,

ICICI Direct's currency report on USDINR

Spot Currency

The rupee ended at record lows of 73. 58 amid an unabated rise in crude oil prices as well as strength in the US. Investors will await cues from central bank monetary policy (MPC) meeting today amid expectation of a 25 bps rate hike in today's meeting • The US$ ended almost unchanged as major currencies staged a mild recovery. JPY and GBP rose over 0.50 % while the Euro also posted mild gains. Investors remain cautious ahead of US September employment data. Huge additions to nonfarm payrolls would be US$ supportive while disappointing jobs data could see decent profit booking in the dollar.

Benchmark yield

Government bonds declined owing to record losses in the rupee as well as higher oil prices. Investors are braced for higher rates ahead of RBI's monetary policy meeting today • US treasury yields rose to 3.19 % in the previous session tracking hawkish comments from the Fed Chairperson on the back of optimism in the US economy. Today's employment data will provide further cues to treasury yields.

Best Bank Stocks To Invest In 2019: Pure Cycle Corporation(PCYO)

Advisors' Opinion:

• [By Logan Wallace]

  Media headlines about Pure Cycle (NASDAQ:PCYO) have been trending somewhat negative recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pure Cycle earned a news impact score of -0.19 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.6210374255656 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

• [By Stephan Byrd]

  BidaskClub upgraded shares of Pure Cycle (NASDAQ:PCYO) from a buy rating to a strong-buy rating in a research report sent to investors on Thursday.

• [By Logan Wallace]

  BidaskClub lowered shares of Pure Cycle (NASDAQ:PCYO) from a buy rating to a hold rating in a report issued on Tuesday.

  Pure Cycle stock opened at $11.55 on Tuesday. Pure Cycle has a 12-month low of $6.65 and a 12-month high of $11.74.

• [By Max Byerly]

  Artesian Resources Co. Class A (NASDAQ: ARTNA) and Pure Cycle (NASDAQ:PCYO) are both small-cap utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.

Best Bank Stocks To Invest In 2019: EOG Resources, Inc.(EOG)

Advisors' Opinion:

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on EOG Resources (EOG)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Paul Ausick]

  EOG Resources Inc. (NYSE: EOG) traded flat at $118.05. The 52-week range is $81.99 to $128.03.

  The United States Natural Gas ETF (NYSEArca: UNG) traded up about 0.2% at $23.99 in a 52-week range of $20.40 to $27.92.

• [By Paul Ausick]

  Here’s how share prices of the largest U.S. natural gas producers reacted to this latest report:

  Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 1.3%, at $80.98 in a 52-week range of $72.16 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded up about 2.0% to $3.33, in a 52-week range of $2.86 to $3.34. EOG Resources Inc. (NYSE: EOG) traded up about 1% to $118.92. The 52-week range is $81.99 to $119.71.

  The United States Natural Gas ETF (NYSEARCA: UNG) traded up about 2.4%, at $22.83 in a 52-week range of $20.40 to $31.72.

• [By Logan Wallace]

  Investors purchased shares of EOG Resources Inc (NYSE:EOG) on weakness during trading on Friday after Morgan Stanley lowered their price target on the stock from $128.00 to $122.00. $133.58 million flowed into the stock on the tick-up and $92.27 million flowed out of the stock on the tick-down, for a money net flow of $41.31 million into the stock. Of all equities tracked, EOG Resources had the 8th highest net in-flow for the day. EOG Resources traded down ($1.14) for the day and closed at $114.77

Best Bank Stocks To Invest In 2019: Enduro Royalty Trust(NDRO)

Advisors' Opinion:

• [By Lisa Levin]

  Check out these big penny stock gainers and losers

  Losers Jounce Therapeutics, Inc. (NASDAQ: JNCE) fell 32.5 percent to $11.92 in pre-market trading. Jounce Therapeutics reported that data from ongoing ICONIC trial of JTX-2011 will be presented at the ASCO. Acxiom Corporation (NASDAQ: ACXM) fell 10.7 percent to $24.60 in pre-market trading. Acxiom reported stronger-than-expected results for its fourth quarter, but issued weak FY19 guidance. American Public Education, Inc. (NASDAQ: APEI) shares fell 10.7 percent to $35 in pre-market trading. Enduro Royalty Trust (NYSE: NDRO) shares fell 8.5 percent to $3.25 in pre-market trading after tumbling 10.76 percent on Wednesday. NetEase, Inc. (NASDAQ: NTES) fell 8.3 percent to $244.00 in pre-market trading after reporting Q1 results. Aircastle Limited (NYSE: AYR) fell 7.2 percent to $21.30 in pre-market trading after announcing 7.9 million secondary offering of common shares. Boxlight Corporation (NASDAQ: BOXL) shares fell 5.6 percent to $9.29 in pre-market trading after rising 2.29percent on Wednesday. Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) shares fell 5.3 percent to $3.93 in pre-market trading after rising 5.60 percent on Wednesday. Cisco Systems, Inc. (NASDAQ: CSCO) fell 4 percent to $43.40 in pre-market trading. Cisco reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent. Jack in the Box Inc. (NASDAQ: JACK) fell 3.2 percent to $88.45 in pre-market trading after the company reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent. Children's Place, Inc. (
• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Enduro Royalty Trust (NDRO)

  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 Enduro Royalty Trust (NDRO)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com