Top 10 Undervalued Stocks To Watch For 2019

tags:CORI,ENPH,BTCY,DVAX,RRC,WPRT,CBAN,BCRMF,FELE,URBN,

In a short period of time readers and I have been pleasantly surprised by the outperformance of this model portfolio.

Click to enlarge Figure 1: Ceviche Fund Snapshot November 19th

While the fund takes a "go anywhere" approach, lately the opportunities we've been seeing are in biotech companies that are undervalued relative to their future prospects, with catalysts on the way that could result in near to medium term share price appreciation.

In hindsight, it wasn't great timing when I started the fund near the beginning of correction in biotech. However, when it comes to the markets in general I don't try to predict future movement- instead I look for price action, money flow, and the fundamental story on individual stocks I take positions in.

Top 10 Undervalued Stocks To Watch For 2019: Corium International, Inc.(CORI)

Advisors' Opinion:

• [By Chris Lange]

  Corium International Inc. (NASDAQ: CORI) shares jumped on Friday after the company announced that it entered into a definitive merger agreement under which Gurnet Point Capital (GPC) will acquire Corium. Corium's board of directors has unanimously approved the transaction.

• [By Logan Wallace]

  Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

  Get Corium International alerts: Analysts Expect Corium International Inc (CORI) Will Post Earnings of -$0.39 Per Share (americanbankingnews.com) Aequus and Corium Join Forces to Advance Anti-Nausea Transdermal Patch (globenewswire.com) Corium International Inc (CORI) Expected to Post Quarterly Sales of $6.72 Million (americanbankingnews.com) Corium International Inc (CORI) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)

  CORI has been the subject of several research analyst reports. Zacks Investment Research cut Corium International from a “buy” rating to a “hold” rating in a research report on Thursday, April 5th. Cantor Fitzgerald reiterated a “buy” rating and issued a $14.00 price objective on shares of Corium International in a research report on Tuesday, March 27th. ValuEngine upgraded Corium International from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Finally, BidaskClub cut Corium International from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. Two investment analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $13.00.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Corium International (CORI)

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

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Corium International (CORI)

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

• [By Shane Hupp]

  Corium International (NASDAQ:CORI) was upgraded by analysts at ValuEngine from a hold rating to a buy rating.

  Callon Petroleum (NYSE:CPE) was upgraded by analysts at ValuEngine from a sell rating to a hold rating.

Top 10 Undervalued Stocks To Watch For 2019: Enphase Energy, Inc.(ENPH)

Advisors' Opinion:

• [By Lisa Levin] Gainers Loxo Oncology, Inc. (NASDAQ: LOXO) rose 17.1 percent to $163.30 in pre-market trading as the company disclosed that LOXO-292 Phase 1 trial abstract was selected for 'Best of ASCO'. CytomX Therapeutics, Inc. (NASDAQ: CTMX) rose 11.5 percent to $27.15 in pre-market trading after the company announced presentations at the 2018 ASCO Annual Meeting. Check-Cap Ltd. (NASDAQ: CHEK) rose 12.3 percent to $5.47 in pre-market trading after reporting narrower-than-expected Q1 loss. Flotek Industries, Inc. (NYSE: FTK) shares rose 7.1 percent to $3.62 in the pre-market trading session. Baozun Inc. (NASDAQ: BZUN) shares rose 5.8 percent to $47.65 in pre-market trading after reporting Q1 results. World Wrestling Entertainment, Inc. (NYSE: WWE) rose 5.5 percent to $46.00 in pre-market trading. Williams Partners L.P. (NYSE: WPZ) rose 5.3 percent to $40.50 in pre-market trading after The Williams Companies, Inc. (NYSE: WMB) announced agreement to acquire all public equity of Williams Partners in a $10.5 billion deal. Koss Corporation (NASDAQ: KOSS) shares rose 4.6 percent to $2.72 in pre-market trading after surging 12.55 percent on Wednesday. Enphase Energy, Inc. (NASDAQ: ENPH) rose 4.5 percent to $5.85 in pre-market trading after gaining 5.66 percent on Wednesday. Farmer Bros. Co. (NASDAQ: FARM) rose 4.1 percent to $27 in pre-market trading after climbing 7.90 percent on Wednesday. Kosmos Energy Ltd. (NYSE: KOS) rose 4 percent to $7.70 in pre-market trading.

   

• [By Stephan Byrd]

  Enphase Energy (NASDAQ:ENPH) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

• [By Jason Hall, Travis Hoium, and Matthew DiLallo]

  But that's set to change in February, with most of the biggest names in solar set to report earnings and give investors an update on the state of the industry. Three top solar stocks investors should be paying attention to this month, according to three Motley Fool contributors, are solar-panel-making giant First Solar Inc. (NASDAQ:FSLR), wind and solar energy producer Pattern Energy Group Inc. (NASDAQ:PEGI), and solar panel power management component maker Enphase Energy Inc. (NASDAQ:ENPH).

• [By Money Morning News Team]

  (Nasdaq: CNET)

  $2.95 34.76% Seadrill Ltd. (NYSE: SDRL) $0.28 33.81% Intelsat Corp. (NYSE: I) $9.11 31.50% Navios Maritime Midstream Partners LP (NYE: NAP) $4.42 29.18% Limelight Networks Inc. (Nasdaq: LLNW) $4.89 28.61% Enphase Energy Inc. (Nasdaq: ENPH) $5.05 24.62%

  As you can see in the table above, penny stocks have the potential to provide tremendous returns for enterprising investors. However, it's important to note that investing in penny stocks is also incredibly risky.

• [By Travis Hoium]

  Shares of solar microinverter supplier Enphase Energy Inc. (NASDAQ:ENPH) fell as much as 12.9% in trading Wednesday after the company announced a debt offering. At 12:30 p.m. EDT shares were still down 8.2% on the day. 

• [By Travis Hoium]

  Shares of microinverter manufacturer Enphase Energy Inc (NASDAQ:ENPH) jumped as much as 14.8% in trading Thursday after announcing a new residential solar partner. Shares settled down somewhat late in the day but were still up 8.8% at 3:40 p.m. EDT. 

Top 10 Undervalued Stocks To Watch For 2019: Biotricity (BTCY)

Advisors' Opinion:

• [By Peter Graham]

  On Tuesday, small cap Internet of Medical Things (IoMT) stock Biotricity Inc (OTCQB: BTCY) announced the expansion of its sales team to cover two additional geographic centers in the US that are key to driving faster adoption of its flagship Bioflux product - the first application of a platform where the Company has tailored Internet of Things (IoT) hardware, Real Time Operating System (RTOS) and the cloud for the diagnostic cardiac market.

• [By Jim Robertson]

  MedicalResearch.com recently interviewed Waqaas Al-Siddiq, the Founder and CEO of small cap Internet of Medical Things (IoMT) company Biotricity Inc (OTCQB: BTCY), about the future of medical wearables and their interaction with deep data and artificial intelligence (AI). Biotricity itself is specialized in remote monitoring solutions for chronic illnesses who's platform is comprised of three key components tailored to a variety of diagnostic and post-diagnostic applications:  

• [By Jim Robertson]

  Earlier this month, the Apple Watch Series 4 having a heart monitoring function approved by the FDA generated a large amount of attention from the media; but is that heart monitoring function all that its cracked out to be and what does it mean for other heart monitoring makers like small cap Biotricity Inc (OTCQB: BTCY)? Note that the Series 4 includes two new FDA-cleared features: An over-the-counter ECG app that monitors heart rhythms and an "irregular rhythm notification feature" that "analyzes pulse rate data to identify episodes of irregular heart rhythms suggestive of atrial fibrillation (AFib)." However, HealthNewsReview.org has a post (What did journalists overlook about the Apple Watch 'heart monitor' feature?) reviewing some of the media coverage and was somewhat critical of all the hype. The post noted:

Top 10 Undervalued Stocks To Watch For 2019: Dynavax Technologies Corporation(DVAX)

Advisors' Opinion:

• [By Keith Speights]

  For Dynavax Technologies Corporation (NASDAQ:DVAX), this old adage was spot-on. Between Jan. 1 and Nov. 8, 2017, the biotech stock increased more than fivefold. Investors eagerly awaited FDA approval of Dynavax's Heplisav-B hepatitis B vaccine. After two unsuccessful attempts at approval, Heplisav-B finally won a green light from the FDA on Nov. 9. Since then, Dynavax's share price has dropped 37%. 

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Dynavax Technologies (DVAX)

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

• [By Joseph Griffin]

  Dynavax Technologies (NASDAQ:DVAX) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

• [By George Budwell]

  Shares of immuno-oncology and next-generation vaccine-maker Dynavax Technologies Corporation (NASDAQ:DVAX) lost 10.5% of their value in September, according to data from S&P Global Market Intelligence. What went wrong for the drugmaker last month?

Top 10 Undervalued Stocks To Watch For 2019: Range Resources Corporation(RRC)

Advisors' Opinion:

• [By Paul Ausick]

  Range Resources Corp. (NYSE: RRC) fell about 3.6% Monday to post a new 52-week low of $14.77 after closing at $15.30 on Friday. The 52-week high is $35.64. Volume of about 9.4 million was about 20% higher than the daily average of around 7.7 million shares traded. The company had no specific news.

• [By Matthew DiLallo]

  Shares of Range Resources (NYSE:RRC) rose more than 10% by 2:30 p.m. EST on Monday after the top-10 natural gas producer reported strong reserve numbers for 2018.

• [By Max Byerly]

  Range Resources Corp. (NYSE:RRC) has received an average recommendation of “Hold” from the thirty ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $22.11.

• [By Joseph Griffin]

  Range Resources Corp. (NYSE:RRC) – Equities research analysts at Seaport Global Securities raised their Q4 2018 earnings per share (EPS) estimates for shares of Range Resources in a note issued to investors on Wednesday, May 23rd. Seaport Global Securities analyst M. Kelly now anticipates that the oil and gas exploration company will post earnings per share of $0.12 for the quarter, up from their previous forecast of $0.11. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for Range Resources’ Q1 2019 earnings at $0.36 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.26 EPS and FY2019 earnings at $0.98 EPS.

Top 10 Undervalued Stocks To Watch For 2019: Westport Innovations Inc(WPRT)

Advisors' Opinion:

• [By Max Byerly]

  Westport Fuel Systems Inc (NASDAQ:WPRT) (TSE:WPRT) has earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $4.70.

• [By Maxx Chatsko]

  Shares of Westport Fuel Systems (NASDAQ:WPRT) jumped 11.9% last month, according to data provided by S&P Global Market Intelligence. But it wasn't a smooth ride for shareholders.

• [By Daniel Miller]

  Shares of Westport Fuel Systems (NASDAQ:WPRT), a provider of high-performance, low-emission engine and fuel systems, are down 10% as of 11:20 a.m. EDT after the company reported its first-quarter results.

Top 10 Undervalued Stocks To Watch For 2019: Colony Bankcorp Inc.(CBAN)

Advisors' Opinion:

• [By Logan Wallace]

  Headlines about Colony Bankcorp (NASDAQ:CBAN) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Colony Bankcorp earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.0420470648687 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

• [By Max Byerly]

  Media headlines about Colony Bankcorp (NASDAQ:CBAN) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Colony Bankcorp earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.5935973221915 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

• [By Stephan Byrd]

  Media stories about Colony Bankcorp (NASDAQ:CBAN) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Colony Bankcorp earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 48.3992787299045 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Top 10 Undervalued Stocks To Watch For 2019: Bacanora Minerals Ltd. (BCRMF)

Advisors' Opinion:

• [By ]

  Other juniors include: Advantage Lithium (OTCQB:AVLIF) [TSXV:AAL], AIS Resources [TSXV:AIS] (OTCQB:AISSF), American Lithium Corp. [TSX-V: LI] (OTCQB:LIACF), Argentina Lithium and Energy Corp. [TSXV:LIT] (OTCQB:PNXLF), Argosy Minerals [ASX:AGY] (OTC:ARYMF), AVZ Minerals [ASX:AVZ] (OTC:AZZVF), Bacanora Minerals [TSXV:BCN] [AIM:BCN] [GR:1BQ] (OTC:BCRMF), Birimian Ltd [ASX:BGS] (OTC:EEYMF), Critical Elements [TSXV:CRE] [GR:F12] (OTCQX:CRECF), Dajin Resources [TSXV:DJI] (OTCPK:DJIFF), Enigri (private), Eramet (EN Paris:ERA) (OTCPK:ERMAY), European Metals Holdings [ASX:EMH] [AIM:EMH] [GR:E861] (OTC:ERPNF), Far Resources [CSE:FAT] (OTCPK:FRRSF), Force Commodities [ASX:4CE], Kidman Resources [ASX:KDR] [GR:6KR], Latin Resources Ltd [ASX: LRS] (OTC:LAXXF), Lithium Australia [ASX:LIT] (OTC:LMMFF), Lithium Power International [ASX:LPI] (OTC:LTHHF), LSC Lithium [TSXV:LSC] (OTC:LSSCF), MetalsTech [ASX:MTC], MGX Minerals [CSE:XMG] (OTC:MGXMF), Millennial Lithium Corp. [TSXV:ML] (OTCQB:MLNLF), Neo Lithium [TSXV:NLC] (OTC:NTTHF), NRG Metals Inc. [TSXV:NGZ] (OTCQB:NRGMF), Nemaska Lithium [TSX:NMX] [GR:NOT] (OTCQX:NMKEF), North American Lithium (private), Piedmont Lithium [ASX:PLL] (OTC:PLLLY), Prospect Resources [ASX:PSC], Sayona Mining [ASX:SYA] (OTCPK:DMNXF), Savannah Resources [LSE:SAV], Standard Lithium [TSXV:SLL] (OTC:STLHF), and Wealth Minerals [TSXV:WML] (OTCQB:WMLLF).

• [By ]

  The following 6 companies are on the bench for the index:

  Advantage Lithium (OTCQX:AVLIF) Argosy Minerals (OTCPK:ARYMF) Bacanora Minerals (OTC:BCRMF) Critical Elements (OTCQX:CRECF) NEO Lithium (OTCQX:NTTHF) Wealth Minerals (OTCQX:WMLLF)

  "Bench" is a sports analogy meaning that one or more of them could be added in the future if one of the above companies becomes a producer, is acquired, or the market capitalization ("cap") of one or more of the index holdings falls significantly below that of one or more companies on the bench.

Top 10 Undervalued Stocks To Watch For 2019: Franklin Electric Co. Inc.(FELE)

Advisors' Opinion:

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Franklin Electric (FELE)

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

• [By Stephan Byrd]

  Franklin Electric (NASDAQ:FELE) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

• [By Stephan Byrd]

  Equities researchers at DA Davidson started coverage on shares of Franklin Electric (NASDAQ:FELE) in a report issued on Monday, The Fly reports. The firm set a “neutral” rating on the industrial products company’s stock.

• [By Reuben Gregg Brewer]

  Industrial giant Franklin Electric Co., Inc. (NASDAQ:FELE) isn't exactly a household name, but it has managed to rack up some impressive dividend numbers. For example, it has increased its dividend each year for 26 consecutive years, and the annualized growth rate over the past decade is around 6%, roughly twice the historical rate of inflation growth. It's payout ratio, meanwhile, is a super-safe 25% or so. Before you jump at the stock, though, you should step back and consider some additional information.   

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Franklin Electric (FELE)

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

Top 10 Undervalued Stocks To Watch For 2019: Urban Outfitters Inc.(URBN)

Advisors' Opinion:

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Urban Outfitters (URBN)

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

• [By Taylor Cox]

  Tuesday
  Notable Earnings

  Advance Auto Parts, Inc (NYSE: AAP) Q1 premarket AutoZone, Inc (NYSE: AZO) Q3 premarket Kohl’s Corporation (NYSE: KSS) Q1 premarket The TJX Companies, Inc (NYSE: TJX) Q1 premarket Hewlett Packard Enterprise Company (NYSE: HPE) Q2 after hours Intuit Inc (NASDAQ: INTU) Q3 after hours Urban Outfitters, Inc (NASDAQ: URBN) Q1 after hours

  IPOs

• [By Garrett Baldwin]

  Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now it's time to get even. Money Morning Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking. Read it here.

  The Top Stock Market Stories for Tuesday Despite all of the political noise, both China and the United States have agreed to take a step back and seriously pursue talks that may prevent further tariff impositions. The biggest development on the trade front is that the Trump administration is considering a plan to lift a sales ban on Chinese mobile giant ZTE. Shares of Micron Technology Inc. (Nasdaq: MU) are pushing higher after the company announced a $10 billion plan to buy back stock. Micron reported earnings on Monday, and the Boise-based firm easily topped Wall Street expectations. Facebook Inc. (Nasdaq: FB) was pushing a bit higher on Tuesday as the firm prepared to address data privacy issues in Europe. The social media giant's CEO, Mark Zuckerberg, is set to speak before European lawmakers this morning. Zuckerberg will testify this morning, just three days after the European Union enforced more stringent laws on consumer data protection. Three Stocks to Watch Today: GM, KSS, TSLA Shares of General Motors Co. (NYSE: GM) were pushing higher after the auto giant reported that China will be lifting restrictions on U.S. automotive parts and cars. But GM isn't the only beneficiary. Look for shares of Ford Motor Co. (NYSE: F) and Fiat Chrysler Automobiles NV (Nasdaq: FCAU) to also get a boost out of the Chinese economy. Shares of Kohl's Corp. (NYSE: KSS) popped 5% after the firm beat earnings expectations and easily topped same-store sales during the first quarter. The company also raised its 2019 earnings numbers, which helped fuel investor sentiment. Shares of Tesla Inc. (Nasdaq: TSLA) are in focus