Hot Performing Stocks To Own Right Now

tags:FFIC,IONS,AFG,

The Indian stock market is trading on a handsome note this Friday morning with the Nifty50 up 74 points and is trading at 11,444 while the Sensex is trading higher by 213 points at 37,931.

The realty sector is outperforming, up over 2 percent led by Indiabulls Real Estate, HDIL, DLF, Oberoi Realty, Phoenix Mills and Prestige Estates.

Auto stocks are also buzzing with gains from Maruti Suzuki, Eicher Motors, Ashok Leyland, Tata Motors and TVS Motor Company.

Nifty PSU bank is up close a 2 percent led by Andhra Bank, State Bank of India, Punjab National Bank and Union Bank of India among others.

related news KNR Constructions rises 6% on sanction from bank to finance HAM project worth Rs 1,234cr Fortis Healthcare up 1% after Shivinder Singh withdraws NCLT petition against Malvinder Singh RCF surges 18% on approval to sell its TDR

BPCL and HPCL have added 3 percent each while Indian Oil Corporation and ONGC are the other gainers from the oil & gas space. Reliance Industries is up close to a percent.

Hot Performing Stocks To Own Right Now: Flushing Financial Corporation(FFIC)

Advisors' Opinion:

• [By Stephan Byrd]

  Flushing Financial (NASDAQ:FFIC) was upgraded by analysts at ValuEngine from a sell rating to a hold rating.

  Fly Leasing (NYSE:FLY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $17.00 price target on the stock. According to Zacks, “Fly Leasing Limited, formerly known as Babcock & Brown Air Limited, is engaged in acquiring and leasing modern, high-demand and fuel-efficient commercial jet aircraft under long-term contracts to a diverse group of airlines throughout the world. The Company’s strategy is to effectively manage its fleet and grow its portfolio through accretive acquisitions of aircraft. FLY Leasing is managed and serviced by BBAM L.P., an aircraft leasing company. BBAM acts as manager of FLY Leasing and servicer of the aircraft portfolio under multi-year management and servicing agreements. In addition to arranging for the leasing of the fleet, BBAM assists in the acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing FLY Leasing’s rights against lessees. BBAM is an independent company. FLY Leasing Limited is headquartered in Dublin, Ireland. “

• [By Motley Fool Transcribers]

  Flushing Financial Corp  (NASDAQ:FFIC)Q4 2018 Earnings Conference CallFeb. 01, 2019, 9:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Shane Hupp]

  Flushing Financial (NASDAQ:FFIC) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

• [By Ethan Ryder]

  Flushing Financial Co. (NASDAQ:FFIC) declared a quarterly dividend on Wednesday, May 30th, RTT News reports. Stockholders of record on Monday, June 11th will be paid a dividend of 0.20 per share by the bank on Friday, June 29th. This represents a $0.80 annualized dividend and a dividend yield of 2.96%.

• [By Joseph Griffin]

  BidaskClub downgraded shares of Flushing Financial (NASDAQ:FFIC) from a sell rating to a strong sell rating in a research report released on Wednesday.

Hot Performing Stocks To Own Right Now: Ionis Pharmaceuticals, Inc.(IONS)

Advisors' Opinion:

• [By Cory Renauer]

  A collaboration with RNA-based drug developer Ionis Pharmaceuticals (NASDAQ:IONS) added Spinraza to Biogen's product lineup at the end of 2016. Sales of the rare-disease drug are on pace to hit $1.7 billion this year, but Novartis has a candidate in late-stage development that could force Biogen to offer insurers deep discounts within another couple of years.

• [By Lisa Levin]

  Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares were also up, gaining 17 percent to $24.15. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval.

• [By George Budwell]

  Biogen's double-digit move higher last month stemmed from two material events:

  Biogen and partner Eisai reported encouraging midstage results for the experimental Alzheimer's disease drug BAN2401. Specifically, the two companies reported that patients receiving the highest dose of the drug showed a slower rate of decline than those on placebo after 18 months. Biogen reported that sales of the spinal muscular atrophy drug Spinraza -- co-owned by Ionis Pharmaceuticals (NASDAQ:IONS) -- jumped by a staggering 108% in the second quarter from the same period a year ago.  

  Image source: Getty Images.

• [By Keith Speights]

  Should you buy Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) stock? Shares of the biotech are cheaper now than they were at the beginning of the year, with Ionis stock down around 10% year to date. But buying on the dip only makes sense if there's a good chance the dip is only temporary.

Hot Performing Stocks To Own Right Now: American Financial Group, Inc.(AFG)

Advisors' Opinion:

• [By Ethan Ryder]

  Nomura Asset Management Co. Ltd. grew its position in American Financial Group Inc (NYSE:AFG) by 10.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,830 shares of the insurance provider’s stock after purchasing an additional 1,100 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in American Financial Group were worth $1,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• [By Joseph Griffin]

  Westpac Banking Corp increased its stake in shares of American Financial Group (NYSE:AFG) by 10.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,403 shares of the insurance provider’s stock after purchasing an additional 709 shares during the quarter. Westpac Banking Corp’s holdings in American Financial Group were worth $831,000 as of its most recent filing with the SEC.

• [By Logan Wallace]

  Wells Fargo & Company MN raised its stake in shares of American Financial Group Inc (NYSE:AFG) by 135.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 320,888 shares of the insurance provider’s stock after purchasing an additional 184,397 shares during the period. Wells Fargo & Company MN owned 0.36% of American Financial Group worth $34,442,000 as of its most recent SEC filing.