Hot Low Price Stocks To Watch Right Now

tags:OCLR,FISI,ZAIS,CRAY,HD,COHR,

In the debate between growth and value, some may argue value can prevail.

After all, "value" stocks typically boast low price-earnings ratios and other traditional assessment metrics, often looked upon as undervalued relative to its underlying fundamentals. "Growth" stocks are often considered those whose earnings are expected to increase at an above-average rate but don't necessarily boast the same strong fundamental backdrop.

Chad Morganlander, portfolio manager with Washington Crossing Advisors, recently went overweight value stocks over growth stocks. Here are his reasons why.

• Though earnings are coming in quite nicely for growth stocks this quarter, valuations are stretched.

• Outsized gains in technology shares, specifically, reduce the relative attractiveness of growth over value at this juncture.

Hot Low Price Stocks To Watch Right Now: Oclaro, Inc.(OCLR)

Advisors' Opinion:

• [By Shane Hupp]

  Oclaro (NASDAQ:OCLR) was upgraded by analysts at ValuEngine from a hold rating to a buy rating.

  Pra Group (NASDAQ:PRAA) was upgraded by analysts at ValuEngine from a hold rating to a buy rating.

• [By Lisa Levin] Gainers Precipio, Inc. (NASDAQ: PRPO) jumped 43.3 percent to $0.5447 after the micro-cap specialty diagnostics company reported preliminary first-quarter results. The company said its first quarter revenue rose 286 percent from the same quarter a year ago to $712,000. Galectin Therapeutics, Inc. (NASDAQ: GALT) gained 34.5 percent to $4.52 after the company announced it would proceed with Phase 3 development of GR-MD-02 for NASH Cirrhosis following the FDA meeting. Boxlight Corporation (NASDAQ: BOXL) shares rose 21.9 percent to $8.1063. Evolus, Inc. (NASDAQ: EOLS) shares surged 16 percent to $15.65. Myomo, Inc. (NYSE: MYO) shares jumped 15.5 percent to $3.6263 after the company disclosed that its application for Medicare codes received favorable preliminary decision. Tandem Diabetes Care, Inc. (NASDAQ: TNDM) rose 13.7 percent to $10.12. ProPhase Labs, Inc. (NASDAQ: PRPH) gained 13.7 percent to $4.6743. Acacia Communications, Inc. (NASDAQ: ACIA) shares gained 12.2 percent to $35.34 as optical sector is seeing strength following President Trump's announcement that he would work with China related to ZTE Corp. Tailored Brands, Inc. (NYSE: TLRD) shares rose 11.3 percent to $35.17. Jefferies upgraded Tailored Brands from Hold to Buy. Kona Grill, Inc. (NASDAQ: KONA) jumped 10.6 percent to $2.875. Federated National Holding Company (NASDAQ: FNHC) shares rose 10.6 percent to $20.29. Raymond James upgraded Federated National Holding from Outperform to Strong Buy. Renewable Energy Group, Inc. (NASDAQ: REGI) climbed 10.2 percent to $15.15. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15. Stein Mart, Inc. (NASDAQ: SMRT) shares climbed 10.1 percent to $3.16. Stein Mart is expected to release Q1 earnings on May 23. NXP Semiconductors N.V. (NASDAQ: NXPI) rose 9.7 percent to $108.60 after Bloomberg reported that the China’s Commerce Ministry has restar
• [By Anders Bylund]

  Shares of Oclaro (NASDAQ:OCLR) gained 15.5% in March 2017, according to data from S&P Global Market Intelligence.

  So what

  The maker of optical networking components was off to a good start in March, but it lost all momentum when rival Finisar (NASDAQ:FNSR) reported weak earnings with mellow management comments on the state of the optical market. Finisar shares plunged 23% lower the next day, dragging Oclaro down in a 13% three-day slide.

• [By Anders Bylund]

  Shares of Oclaro (NASDAQ:OCLR) gained 33.3% in March of 2018, according to data from S&P Global Market Intelligence, riding a generous buyout premium as longtime rival Lumentum (NASDAQ:LITE) launched a takeover bid. On the flip side, many other companies in the fiber-optic networking market saw their share prices shrink last month -- largely because of a lack of Oclaro-style buyout attention for those companies.

• [By Peter Graham]

  Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is the most shorted stock on the NASDAQ with short interest of 62.65% according to Highshortnterest.com.

Hot Low Price Stocks To Watch Right Now: Financial Institutions Inc.(FISI)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on Financial Institutions (FISI)

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

• [By Max Byerly]

  Peoples Bancorp (NASDAQ:PEBO) and Financial Institutions (NASDAQ:FISI) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, analyst recommendations, risk, dividends and valuation.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Financial Institutions (FISI)

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

Hot Low Price Stocks To Watch Right Now: ZAIS Group Holdings, Inc.(ZAIS)

Advisors' Opinion:

• [By Joseph Griffin]

  Gp Zgp (NASDAQ:ZAIS) major shareholder Z Acquisition Llc bought 6,500,000 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was bought at an average price of $4.10 per share, with a total value of $26,650,000.00. Following the completion of the acquisition, the insider now owns 6,500,000 shares in the company, valued at $26,650,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Hot Low Price Stocks To Watch Right Now: Cray Inc(CRAY)

Advisors' Opinion:

• [By Ethan Ryder]

  Cray (NASDAQ: CRAY) and One Stop Systems (NASDAQ:OSS) are both small-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, dividends, earnings and profitability.

• [By Joseph Griffin]

  Fmr LLC boosted its position in Cray Inc. (NASDAQ:CRAY) by 1.0% in the 2nd quarter, Holdings Channel reports. The firm owned 789,269 shares of the technology company’s stock after acquiring an additional 7,860 shares during the quarter. Fmr LLC’s holdings in Cray were worth $19,416,000 at the end of the most recent reporting period.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Cray (CRAY)

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

Hot Low Price Stocks To Watch Right Now: Home Depot, Inc. (HD)

Advisors' Opinion:

• [By Chris Lange]

  Home Depot Inc. (NYSE: HD) is set to report its most recent quarterly results on Tuesday. Analysts are calling for $2.06 in earnings per share (EPS) and $25.21 billion in revenue. Shares closed the week at $190.31, with a consensus price target of $211.24 and a 52-week trading range of $144.25 to $207.61.

• [By Joseph Griffin]

  Investors purchased shares of Home Depot Inc (NYSE:HD) on weakness during trading hours on Tuesday. $328.92 million flowed into the stock on the tick-up and $157.03 million flowed out of the stock on the tick-down, for a money net flow of $171.89 million into the stock. Of all equities tracked, Home Depot had the 4th highest net in-flow for the day. Home Depot traded down ($0.53) for the day and closed at $207.46

• [By Max Byerly]

  Security National Trust Co. reduced its stake in Home Depot Inc (NYSE:HD) by 6.4% in the 1st quarter, Holdings Channel reports. The firm owned 50,838 shares of the home improvement retailer’s stock after selling 3,496 shares during the period. Home Depot accounts for approximately 3.0% of Security National Trust Co.’s holdings, making the stock its 4th biggest position. Security National Trust Co.’s holdings in Home Depot were worth $9,061,000 at the end of the most recent reporting period.

• [By Shane Hupp]

  Guggenheim Capital LLC cut its holdings in shares of Home Depot Inc (NYSE:HD) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 531,507 shares of the home improvement retailer’s stock after selling 8,609 shares during the period. Guggenheim Capital LLC’s holdings in Home Depot were worth $94,737,000 at the end of the most recent quarter.

• [By Stephan Byrd]

  Scotia Capital Inc. raised its stake in shares of The Home Depot (NYSE:HD) by 2.3% in the 4th quarter, Holdings Channel reports. The firm owned 265,027 shares of the home improvement retailer’s stock after purchasing an additional 6,039 shares during the quarter. Scotia Capital Inc.’s holdings in The Home Depot were worth $50,237,000 at the end of the most recent quarter.

Hot Low Price Stocks To Watch Right Now: Coherent, Inc.(COHR)

Advisors' Opinion:

• [By Logan Wallace]

  Benchmark restated their buy rating on shares of Coherent (NASDAQ:COHR) in a research note published on Thursday morning. The firm currently has a $216.00 price objective on the scientific and technical instruments company’s stock.

• [By Logan Wallace]

  Coherent (NASDAQ: COHR) and Integra Lifesciences (NASDAQ:IART) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, profitability, institutional ownership, dividends and valuation.

• [By Keith Noonan]

  Coherent, Inc. (NASDAQ:COHR) stock jumped 20.6% in August, according to data provided by S&P Global Market Intelligence. The company published third-quarter results at the end of July that came in below the market's expectations, but comments during the company's earnings call appear to have helped the stock regain some ground.

• [By Joseph Griffin]

  Epoch Investment Partners Inc. boosted its position in Coherent, Inc. (NASDAQ:COHR) by 6.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 635,597 shares of the scientific and technical instruments company’s stock after purchasing an additional 41,113 shares during the quarter. Epoch Investment Partners Inc. owned approximately 2.62% of Coherent worth $99,420,000 at the end of the most recent quarter.

• [By Joseph Griffin]

  Hood River Capital Management LLC decreased its position in shares of Coherent, Inc. (NASDAQ:COHR) by 63.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 69,773 shares of the scientific and technical instruments company’s stock after selling 122,518 shares during the quarter. Hood River Capital Management LLC owned about 0.28% of Coherent worth $13,075,000 as of its most recent SEC filing.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Coherent (COHR)

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