Nasdaq Markets

(RTTNews) - Watts Water Technologies, Inc. (WTS) Monday reported fourth-quarter net income of $31.8 million or $0.93 per share, down from $32.3 million or $0.94 per share last year.

(RTTNews) - Mesa Air Group, Inc. (MESA) Monday reported first-quarter net income of $10.8 million or $0.31 per share, down from $19.1 million or $0.54 per share last year.

What happened Reversing course from their 27% rise in 2019, shares of Freeport-McMoRan (NYSE: FCX) plunged 15.4%% in January, according to data from S&P Global Market Intelligence. The precipitous 9.8% drop in the price of copper represented one factor in the stock's decl

What happened Shares of Latin American e-commerce giant MercadoLibre (NASDAQ: MELI) rose 15.9% in January, according to data from S&P Global Market Intelligence. The climb was powered by rosy analyst comments, which in turn were based on a new partnership that could be a gam

What happened Shares of Shopify (NYSE: SHOP) rose 17.1% in January, according to data from S&P Global Market Intelligence. The provider of e-commerce solutions mainly for small businesses saw a mixed bag of analyst reports in January, leading up to this Wednesday's fourth-qu

In trading on Monday, shares of US Bancorp's Series B Non-Cumulative Perpetual Preferred Stock (Symbol: USB.PRH) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.8944), with shares changing hands as low as $22.32 on the day. This compares to

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today w

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Diamondback Energy, Inc. (Symbol: FANG), where a total of 48,754 contracts have traded so far, representing approximately 4.9 million underlying shares. That amounts to

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Visa Inc (Symbol: V), where a total of 58,133 contracts have traded so far, representing approximately 5.8 million underlying shares. That amounts to about 62.5% of V's

(RTTNews) - Mercadolibre Inc. (MELI) will host a conference call at 4:30 PM ET on February 10, 2020, to discuss Q4 19 earnings results.

What happened Shares of veteran telecom Sprint (NYSE: S) fell 16.1% in January 2020, according to data from S&P Global Market Intelligence. The stock was already trending lower due to the uncertain future of Sprint's proposed merger with T-Mobile US (NASDAQ: TMUS) when the

Image source: The Motley Fool.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

What happened There wasn't a single news release or any pressing development for Cummins (NYSE: CMI) in January. Why, then, did the stock crumble 10.6% during the month, according to data from S&P Global Market Intelligence? The shares moved eerily similar to Caterpilla

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Passengers aboard a Carnival (NYSE: CCL) cruise liner quarantined off the coast of Japan are trapped in a living nightmare.

Marijuana stocks are about as risky as ever. In just the past few weeks, multiple companies have announced job cuts and changes to their senior leadership positions, including at the CEO level. There's a lot of turmoil in the industry of late, and investors are understandably sp

(RTTNews) - Despite a weak start and a subsequent long sluggish spell, the Switzerland stock market ended on a firm note on Monday with investors making some brisk purchases at a few top counters in the final hour.

It’s tempting – really, it is – to just put your investment money into the big-name stocks. After all, they generate the headlines, and they generate some spectacular results. Apple, Microsoft, Amazon, and Google parent Alphabet have all broken above $1 trillion market cap. But the big names aren’t the only ones showing great returns.

It’s possible to find smaller stocks with big upsides. Small- and mid-cap companies don’t get the headlines and coverage of the trillion-dollar giants, but smart investors can find powerful returns in this category. We’ve used the TipRanks' Stock Screener tool to sort through the database and find some of these high-potential stocks.

Setting the search filters to show us ‘Strong Buy’ small- and mid-cap stocks with greater than 10% upside potential reduced the original field from 6,500 stocks to a more manageable 350. We’ve pulled up three that are reporting earnings this month. They come from different economic sectors, and all three bring real incentives for investors. Let's take a closer look:

Silicon Motion Technology (SIMO)

We’ll start with a semiconductor chip manufacturer. Silicon Motion designs, develops and markets multimedia chips for consumer electronics. The company’s focus is on NAND flash controllers for solid-state storage devices, along with memory chips for SSDs and USB drives. The niche is a strong one; SIMO has just reported a strong Q4.

The company released the Q4 2019 results this past Thursday, February 6. Earnings per share, at 96 cents, were up 17% year-over-year, 39% sequentially, and beat the forecast by 13%. Revenues showed even more impressive gains. At $153.2 million, sales beat the estimates by 7% and were up 39% year-over-year and 24% from Q3. Drilling down, SIMO’s SSD segment was a major gainer, with a 60% sequential revenue gain on a 25% increase in sales.

Even better, for investors, the company showed a major increase in cash flow. The quarterly release showed that company operations generated $29.4 million in cash, compared to just $4.1 million in Q3. The improved cash position is good news for the stock dividend, which was increased to $1.40 annually. At this level, the dividend gives a yield of 2.95%, 1.5x higher than the average dividend among S&P listed companies. At a 20% share appreciation in the past 12 months, SIMO has slightly underperformed – but the strong dividend helps make up for that.

Looking at the stock for Nomura, analyst Donnie Teng writes, “We believe SIMO’s UFS controllers for Micron are growing fast in terms of sales, which may be able to offset the loss from eMMC controllers for Hynix… We expect SIMO’s enterprise SSD sales to double in 2020F, with a recovery of demand from hyperscale customers… we raise our raise 2021F sales by 7% due to our stronger sales outlook…”

Teng’s Buy rating on the stock is supported by a 50% increase in his price target, to $60. This new target suggests room for a 30% upside. (To watch Teng’s track record, click here)

How does Teng’s bullish bet weigh in against the Street? It appears the analyst is not the only one enthusiastic on the Taiwan-based SSD firm, with TipRanks analytics demonstrating SIMO as a Strong Buy. Out of 8 analysts tracked in the last 3 months, 6 are bullish on the stock while 2 remain sidelined. With a return potential of nearly 22%, the stock’s consensus target price stands at $56.25. (See Silicon Motion stock analysis at TipRanks)

R1 RCM (RCM)

Moving on, we come to a revenue cycle management company. R1 RCM is an administrative process used in the American health care industry to track patient revenue from initial appointment through the final balance payment. R1 makes the software that provides these services to US-based health care organizations.

The company will provide Q4 results on February 20. Expectations are for an EPS of 4 cents – but R1 has missed the forecasts in both of its last two quarters. Those missed expectation, however, belie otherwise strong results. In Q3, revenues were up 20% year-over-year, to $301.2 million, driven by new customer gains in previous 12 months.

R1’s overall position is strong enough that, last month, the company was able to announce the acquisition of SCI Solutions, a competitor based in Seattle, Washington. The move, which cost R1 $190 million, promises future results as SCI bring with it a customer base worth up to $225 million in annual revenue.

5-star analyst Steven Halper, of Cantor Fitzgerald, sees reason for optimism in R1, specifically citing the SCI acquisition. He writes, “We view the SCI Solutions acquisition as a solid strategic fit. The company should strengthen R1's capabilities within the front-end of the provider revenue cycle. R1 is building one of strongest end-to-end revenue cycle management platforms in the industry, and the shares offer solid upside from current levels.”

Halper’s $17 price target, raised by $2, indicates confidence in a 31% upside and supports his Buy rating. (To watch Halper’s track record, click here)

Overall, R1 keeps a Strong Buy consensus rating, based on a unanimous 3 Buys. Shares are a bargain, at just $12.95, especially considering that the average price target of $16.33 suggests an impressive 26% upside potential. (See R1 stock analysis at TipRanks)

Nomad Foods, Ltd. (NOMD)

With our final stock today, we move to the food industry. Nomad Foods is a frozen food distributor, based in the UK and serving customers around the world. The company has a market cap near $4 billion, and sees $2.2 billion in annual revenue.

At the end of this month, NOMD will report Q4 2019 earnings. The forecast is for an EPS of 34 cents, a 1 cent year-over-year gain, but a potential 6 cent sequential gain. The company has beaten earnings forecasts consistently through 2019. Revenue in Q3 was $600.7 million.

In recent years, Nomad has faced serious headwinds from the ongoing Brexit maneuverings. Investors were worried about increased tariffs and trade barriers in the event of tit-for-tat political fighting between the UK and the EU. The inability of Theresa May’s government did not inspire confidence. The stock’s potential has recovered somewhat since Boris Johnson’s Parliamentary victory, as the vote’s results unified the British government’s outward stance on Brexit.

Reviewing NOMD shares for DA Davidson, analyst Brian Holland cites this point as support for a Buy rating. He writes, “[We] believe that the stock has become more investable, with a layer of uncertainty removed by the vote increasing the likelihood of an orderly Brexit. Nomad has continued to generate organic sales and margin growth year-to-date in spite of the very challenging environment.”

Holland’s maintains his $25 price target on the stock, implying an upside here of 25%. (To watch Holland’s track record, click here)

All in all, Wall Street loves Nomad Foods' stock, rating it "strong buy" on average. It also doesn’t hurt that its $25.67 average price target implies 30% upside potential from current levels. (See Nomad Foods stock analysis at TipRanks)