Whatever the outcome of next month’s election, Italy’s bonds should be safe for a while yet.
With a debt of 2.3 trillion euros ($2.8 trillion), or about 132 percent of the country’s yearly output, investors are well aware that Italy’s finances risk coming under pressure every time spreads widen -- a realistic prospect after a vote in March that will prove inconclusive at best. Further down the road, the European Central Bank’s exit from ultra-low rates is set to raise borrowing costs in coming years.
Yet this is unlikely to rattle the euro area’s third largest economy in the short term. The country took advantage of the ECB’s 2.6 trillion-euro asset-purchase program to extend the average maturity of its bonds and reduce interest payments, making it less vulnerable to shifts in market conditions or sentiment.
#lazy-img-324218266:before{padding-top:56.25%;}This means that, even if analysts have pinpointed the March 4 vote as having the potential to slow Europe’s momentum, ECB officials are sanguine.
Top 5 Stocks To Watch Right Now: CTI BioPharma Corp.(CTIC)
Advisors' Opinion:- [By Brian Feroldi]
In response to the company sharing a clinical update, shares of CTI BioPharma (NASDAQ:CTIC), a clinical-stage biotech focused on blood-related cancers, fell 13% as of 12:05 p.m. EDT on Monday.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on CTI BioPharma (CTIC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Steve Symington]
Nevertheless, several individual stocks failed to keep up. Read on to see why CTI BioPharma (NASDAQ:CTIC), PetMed Express (NASDAQ:PETS), and Pfizer (NYSE:PFE) each slumped today.
- [By Joseph Griffin]
Shares of CTI BioPharma Corp (NASDAQ:CTIC) have received an average recommendation of “Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $7.10.
Top 5 Stocks To Watch Right Now: Xcel Brands, Inc(XELB)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on XCel Brands (XELB)
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- [By Shane Hupp]
Digital Turbine (NASDAQ: APPS) and XCel Brands (NASDAQ:XELB) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, valuation, analyst recommendations, earnings, profitability, institutional ownership and dividends.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on XCel Brands (XELB)
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Top 5 Stocks To Watch Right Now: BofI Holding Inc.(BOFI)
Advisors' Opinion:- [By Jordan Wathen, Matthew Frankel, and Dan Caplinger]
Rather than gamble on the next big penny stock, investors would do well to buy quality companies worth owning for the long haul. In the article below, three Fool.com contributors make the case for BofI Holding (NASDAQ:BOFI), Jefferies Financial Group (NYSE:JEF), and The Travelers Companies (NYSE:TRV) as stocks to consider adding to your portfolio.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on BofI (BOFI)
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- [By Stephan Byrd]
Arizona State Retirement System cut its stake in shares of BofI Holding, Inc. (NASDAQ:BOFI) by 7.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 80,078 shares of the financial services provider’s stock after selling 6,672 shares during the period. Arizona State Retirement System’s holdings in BofI were worth $3,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Peter Graham]
Small cap diversified financial services stock BofI Holding (NASDAQ: BOFI) has elevated short interest of 36.43% according to Highshortinterest.com. BofI Holding is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With approximately $8.6 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding is a component of the Russell 2000 Index, the S&P SmallCap 600 Index, and the KBW Nasdaq Financial Technology Index. Bank of Internet USA is the oldest and most trusted FDIC-insured internet bank in America and is a division of BofI Federal Bank. It was one of the first banks to offer banking services exclusively online.
- [By Jason Hall]
BofI Holding Inc (NASDAQ:BOFI) has made for a remarkable investment over the past decade. Its stock price is up an incredible 2,140% since the start of 2008, a remarkable 17-fold better total return than the S&P 500 over the same period of time. Over that period it has grown its assets almost 860% and increased earnings per share almost 2,600%.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on BofI (BOFI)
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Top 5 Stocks To Watch Right Now: Qualstar Corporation(QBAK)
Advisors' Opinion:- [By Max Byerly]
Qualstar (NASDAQ:QBAK) issued its quarterly earnings data on Wednesday. The electronics maker reported $0.23 earnings per share for the quarter, Bloomberg Earnings reports. Qualstar had a net margin of 10.52% and a return on equity of 20.76%. The business had revenue of $3.23 million during the quarter.
- [By Ethan Ryder]
Media headlines about Qualstar (NASDAQ:QBAK) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news 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 closest to one being the most favorable. Qualstar earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news headlines about the electronics maker an impact score of 45.8526636437463 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Top 5 Stocks To Watch Right Now: Malibu Boats, Inc.(MBUU)
Advisors' Opinion:- [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]
Malibu Boats Inc (NASDAQ:MBUU) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $48.35 and last traded at $48.21, with a volume of 198699 shares. The stock had previously closed at $46.65.
- [By Max Byerly]
Malibu Boats (NASDAQ:MBUU) was upgraded by stock analysts at B. Riley from a “neutral” rating to a “buy” rating in a research note issued on Monday, MarketBeat reports. The firm currently has a $60.00 target price on the stock, up from their previous target price of $46.50. B. Riley’s price objective suggests a potential upside of 11.44% from the company’s previous close.
- [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
- [By Ethan Ryder]
Malibu Boats Inc (NASDAQ:MBUU) CFO Wayne R. Wilson sold 14,088 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $52.34, for a total value of $737,365.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
- [By Rich Smith]
Here at The Motley Fool, we haven't written a lot about Malibu Boats (NASDAQ:MBUU) -- and that may have been a mistake.
Although it's hardly a household name, you see, according to the community at Motley Fool CAPS, Malibu Boats is a cut above your average stock. In fact, Malibu's superior to pretty much any stock you can name, say our members, who rate Malibu Boats five stars (out of a possible five) on CAPS.
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