Brunswick (NYSE: BC) Imperial Capital initiated coverage on Brunswick (NYSE: BC) with an Outperform rating and a price target of $60, suggesting 23% upside. Analyst George Kelly commented, “Brunswick is a marine and fitness equipment company with many of the industry’s leading brands, including Mercury, Boston Whaler, and… Read More
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Acuity BrandsThree of Acuity Brand’s (NYSE: AYI) decorative LED luminaires won a 2016 Lighting for Tomorrow award. The prestigious competition recognizes the best decorative, energy-efficient luminaires in the market and is organized by the American Lighting Association, the Consortium for Energy Efficiency, and Underwriters Laboratories. Acuity’s unusual lighting products showcase… Read More
GMS (NYSE: GMS) is a leading distributor of wallboard and suspending ceiling products in North America. The company just came public in May 2016 and currently trades just above its IPO price. A mid-September report that just missed analysts’ revenue estimate sent the stock down 8% giving investors the rare… Read More
Buy Patrick Industries (PATK) makes building and component products for the recreational vehicle, manufactured housing and industrial markets. Like portfolio holding Drew Industries (DW), Patrick is enjoying the secular rise in demand for RVs. Earnings are expected to grow almost 30% this year.Jump on board as baby-boomers and millennials pump up… Read More
Making sense of earnings reports. Read More
We’re selling SolarEdge (SEDG). Without a doubt it has been one of the most frustrating stocks I’ve worked with in my career. Solid earnings and the best balance sheet in the sector have not been enough to fight against negative industry sentiment. I… Read More
Play the green revolution with Acuity Brands. Read More
Buy to open the January 20, 2017 call on Mylan (MYL) with a strike price of $45 at $1.90 or lower. Symbol (MYL170120C45)This is a longer term trade based on Mylan’s current valuation. While we may close the position well before the January 2017 expiration, it is not tied to… Read More
Acuity (NYSE: AYI) was added to Goldman Sachs’ Focus List. The analyst notes Acuity is a low-carbon lighting leader who has the “strongest competitive positioning” in the lighting space. The analyst also highlights the competitive moat Acuity has built via its focus on full-service solutions that insulates it from pricing pressure. Read More
CriteoLast month five of SteelHouse’s former clients said that they were deceived by the company, supporting Criteo’s (NSDQ: CRTO) allegations against their rival. Back in June Criteo initiated a lawsuit against SteelHouse alleging that the rival ran a “counterfeit click fraud scheme.” The former clients include popular bodybuilding website,… Read More