Best Warren Buffett Stocks To Watch Right Now

tags:SBAC,UBSI,PME,MCF,GWGH,UMC,

Berkshire Hathaway Inc. (NYSE:BRK.A) had an impressive Monday as the company’s stock briefly topped the $300,000 mark before sliding back down a bit.

The stock’s recent surge could be at least partially related to the fact that the GOP tax plan looms on the horizon and such a large tax reform in the U.S. could reshape the face of certain major companies such as Warren Buffett’s hedge fund.

Best Warren Buffett Stocks To Watch Right Now: SBA Communications Corporation(SBAC)

Advisors' Opinion:

• [By Shane Hupp]

  Empire State Realty Trust (NYSE: ESRT) and SBA Communications (NASDAQ:SBAC) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.

• [By Max Byerly]

  Franklin Resources Inc. cut its stake in shares of SBA Communications Co. (NASDAQ:SBAC) by 0.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,884,137 shares of the technology company’s stock after selling 2,807 shares during the quarter. Franklin Resources Inc. owned about 1.62% of SBA Communications worth $322,043,000 as of its most recent SEC filing.

• [By Max Byerly]

  Investors bought shares of SBA Communications Co. (NASDAQ:SBAC) on weakness during trading hours on Tuesday following insider selling activity. $33.11 million flowed into the stock on the tick-up and $18.30 million flowed out of the stock on the tick-down, for a money net flow of $14.81 million into the stock. Of all stocks tracked, SBA Communications had the 24th highest net in-flow for the day. SBA Communications traded down ($1.97) for the day and closed at $162.72Specifically, EVP Mark R. Ciarfella sold 10,617 shares of the business’s stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $160.12, for a total transaction of $1,699,994.04. Following the sale, the executive vice president now directly owns 20,341 shares in the company, valued at approximately $3,257,000.92. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kurt L. Bagwell sold 126,605 shares of the company’s stock in a transaction dated Friday, June 29th. The stock was sold at an average price of $165.06, for a total value of $20,897,421.30. Following the completion of the transaction, the executive vice president now owns 42,089 shares in the company, valued at $6,947,210.34. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 226,984 shares of company stock worth $37,231,290. 2.70% of the stock is currently owned by corporate insiders.

• [By Dan Caplinger]

  Tuesday was another good day on Wall Street, thanks largely to diminished concerns about trade disputes between the U.S. and China. Chinese leaders made conciliatory comments that suggested that there could be a measured resolution to tensions between the two countries, and market participants took that as an all-clear sign to bid shares higher. Yet some stocks suffered from negative news. Tupperware Brands (NYSE:TUP), SBA Communications (NASDAQ:SBAC), and American Airlines Group (NASDAQ:AAL) were among the worst performers on the day. Here's why they did so poorly.

• [By Max Byerly]

  Get a free copy of the Zacks research report on SBA Communications (SBAC)

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

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on SBA Communications (SBAC)

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

Best Warren Buffett Stocks To Watch Right Now: United Bankshares Inc.(UBSI)

Advisors' Opinion:

• [By Stephan Byrd]

  BidaskClub upgraded shares of United Bankshares (NASDAQ:UBSI) from a hold rating to a buy rating in a research report sent to investors on Saturday.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on United Bankshares (UBSI)

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

• [By ]

  In the Lightning Round, Cramer was bullish on Salesforce.com (CRM) , American Airlines (AAL) , Align Technology (ALGN) , Procter & Gamble (PG) , United Bankshares (UBSI) , Valeant Pharmaceuticals (VRX) and Dominion Energy (D) .

• [By Ethan Ryder]

  United Bankshares, Inc. (NASDAQ:UBSI) – Analysts at Boenning Scattergood reduced their Q2 2019 earnings estimates for shares of United Bankshares in a research report issued to clients and investors on Wednesday, January 30th. Boenning Scattergood analyst M. Schultheis now anticipates that the financial services provider will post earnings of $0.63 per share for the quarter, down from their previous estimate of $0.64. Boenning Scattergood has a “Hold” rating on the stock. Boenning Scattergood also issued estimates for United Bankshares’ Q3 2019 earnings at $0.65 EPS, Q4 2019 earnings at $0.63 EPS, FY2019 earnings at $2.55 EPS and FY2020 earnings at $2.60 EPS.

• [By Shane Hupp]

  Shares of United Bankshares, Inc. (NASDAQ:UBSI) have been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $39.33.

Best Warren Buffett Stocks To Watch Right Now: Pingtan Marine Enterprise Ltd.(PME)

Advisors' Opinion:

• [By Stephan Byrd]

  Pingtan Marine Enterprise (NASDAQ:PME) CEO Xinrong Zhuo purchased 50,000 shares of Pingtan Marine Enterprise stock in a transaction on Thursday, May 17th. The shares were acquired at an average price of $3.66 per share, with a total value of $183,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

• [By Stephan Byrd]

  Pingtan Marine Enterprise Ltd (NASDAQ:PME) CEO Xinrong Zhuo purchased 50,000 shares of the company’s stock in a transaction on Friday, May 25th. The shares were purchased at an average price of $3.33 per share, for a total transaction of $166,500.00. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

Best Warren Buffett Stocks To Watch Right Now: Contango Oil & Gas Company(MCF)

Advisors' Opinion:

• [By Joseph Griffin]

  Fondren Management LP purchased a new position in shares of Contango Oil & Gas (NYSEAMERICAN:MCF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 60,000 shares of the oil and natural gas company’s stock, valued at approximately $341,000. Fondren Management LP owned 0.23% of Contango Oil & Gas as of its most recent filing with the SEC.

• [By Stephan Byrd]

  COPYRIGHT VIOLATION NOTICE: “Contango Oil & Gas (MCF) Short Interest Update” was originally published by Ticker Report and is owned by of Ticker Report. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://www.tickerreport.com/banking-finance/3346537/contango-oil-gas-mcf-short-interest-update.html.

• [By Joseph Griffin]

  Contango Oil & Gas (NASDAQ:MCF) was downgraded by equities researchers at Seaport Global Securities from a “buy” rating to a “neutral” rating in a research report issued on Friday.

• [By Ethan Ryder]

  Fmr LLC increased its position in shares of Contango Oil & Gas (NYSEAMERICAN:MCF) by 33.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,583,039 shares of the oil and natural gas company’s stock after buying an additional 899,900 shares during the quarter. Fmr LLC owned 13.93% of Contango Oil & Gas worth $20,352,000 at the end of the most recent quarter.

Best Warren Buffett Stocks To Watch Right Now: GWG Holdings, Inc(GWGH)

Advisors' Opinion:

• [By Shane Hupp]

  Here are some of the news articles that may have effected Accern Sentiment’s analysis:

  Get GWG alerts: Critical Review: Citizens (CIA) vs. GWG (GWGH) (americanbankingnews.com) (Watch) Zibanejad scores in Sweden’s win over Russia (sny.tv) GWG Holdings’ (GWGH) CEO Jon Sabes on Q1 2018 Results – Earnings Call Transcript (msn.com) Edited Transcript of GWGH earnings conference call or presentation 14-May-18 8:30pm GMT (finance.yahoo.com) DWWA judge profile: Davide Buongiorno (decanter.com)

  A number of equities research analysts recently commented on the company. Zacks Investment Research raised GWG from a “hold” rating to a “buy” rating and set a $9.25 price target for the company in a research report on Wednesday, April 11th. ValuEngine lowered GWG from a “hold” rating to a “sell” rating in a research report on Monday, May 14th. Finally, Maxim Group reaffirmed a “buy” rating and set a $14.00 target price on shares of GWG in a research report on Tuesday, January 23rd.

• [By Logan Wallace]

  ValuEngine cut shares of GWG (NASDAQ:GWGH) from a sell rating to a strong sell rating in a report issued on Friday morning.

  Several other equities analysts have also issued reports on GWGH. Zacks Investment Research lowered GWG from a strong-buy rating to a hold rating in a research note on Tuesday, July 17th. Maxim Group reissued a buy rating and issued a $14.00 price target on shares of GWG in a research note on Thursday, August 16th.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on GWG (GWGH)

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

Best Warren Buffett Stocks To Watch Right Now: United Microelectronics Corporation(UMC)

Advisors' Opinion:

• [By Money Morning News Team]

  United Microelectronics Corp. (NYSE: UMC) is a semiconductor company based in Hsinchu, Taiwan.

  Founded as Taiwan's first semiconductor company in 1980, UMC is best known for manufacturing integrated circuits used by larger semiconductor companies like Nvidia Corp. (Nasdaq: NVDA) in their products.

• [By Ethan Ryder]

  Here are some of the media stories that may have effected Accern’s analysis:

  Get UMC alerts: UMC – United Microelectronics Corporation: UMC Shareholders Elect 14th Term of Directors at Annual Shareholders Meeting (twst.com) UPDATE: Bernstein Upgrades United Microelectronics (UMC) to Market Perform (streetinsider.com) UMC's new burn center fills three-decade need in New Orleans (neworleanscitybusiness.com) Community breakfast at Sparta UMC is open to all (mlive.com) Shopper News blog: Beaver Ridge UMC youth — ‘we’re there to help’ (knoxnews.com)

  A number of brokerages recently commented on UMC. Sanford C. Bernstein upgraded shares of UMC from an “underperform” rating to a “market perform” rating and lifted their target price for the stock from $2.10 to $2.60 in a research report on Sunday. ValuEngine cut shares of UMC from a “buy” rating to a “hold” rating in a research report on Thursday, April 26th. Six investment analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. UMC presently has an average rating of “Hold” and a consensus price target of $2.60.

• [By Stephan Byrd]

  United Microelectronics Corp (NYSE:UMC) shares hit a new 52-week low on Tuesday . The company traded as low as $2.31 and last traded at $2.32, with a volume of 12700 shares changing hands. The stock had previously closed at $2.34.

• [By Stephan Byrd]

  These are some of the news articles that may have effected Accern Sentiment’s scoring:

  Get United Microelectronics alerts: United Microelectronics Corp (UMC) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com) UMC and Avalanche partner for MRAM development (evertiq.com) INSIGHT-China lures chip talent from Taiwan with fat salaries, perks (news.trust.org) Taiwanese engineers lured to mainland China as chip makers go into overdrive (scmp.com) Eight-inch fab capacity remains tight, says UMC president (digitimes.com)

  A number of research analysts have recently commented on the stock. Mizuho upgraded shares of United Microelectronics from an “underperform” rating to a “neutral” rating in a research report on Monday, July 9th. Morgan Stanley upgraded shares of United Microelectronics from an “underweight” rating to an “equal weight” rating in a research report on Monday, July 2nd. Finally, Sanford C. Bernstein upgraded shares of United Microelectronics from an “underperform” rating to a “market perform” rating and boosted their price target for the company from $2.10 to $2.60 in a research report on Sunday, June 10th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $2.60.

• [By Max Byerly]

  These are some of the news articles that may have impacted Accern’s analysis:

  Get United Microelectronics alerts: UMC stays focused on profitability (digitimes.com) BRIEF-UMC’s Shareholders Approve Subsidiary Hejian Technology (Suzhou) To Apply For Shanghai Listing (sg.finance.yahoo.com) Shareholders approve Taiwan chipmaker’s Shanghai listing plan (asia.nikkei.com) UMC – United Microelectronics Corporation: UMC Shareholders Approve Agenda Items at Company's 2018 First Extraordinary General Meeting (twst.com) United Microelectronics Corp (UMC) Short Interest Down 53.5% in July (americanbankingnews.com)

  Several equities analysts recently issued reports on the company. Sanford C. Bernstein raised United Microelectronics from an “underperform” rating to a “market perform” rating and upped their target price for the company from $2.10 to $2.60 in a research report on Sunday, June 10th. Mizuho raised United Microelectronics from an “underperform” rating to a “neutral” rating in a research report on Monday, July 9th. ValuEngine downgraded United Microelectronics from a “buy” rating to a “hold” rating in a research report on Thursday, April 26th. Finally, Morgan Stanley raised United Microelectronics from an “underweight” rating to an “equal weight” rating in a research report on Monday, July 2nd. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $2.60.

• [By Nicholas Rossolillo]

  Speaking of trade wars, the one looming between the world's two largest economies, the U.S. and China, has been under the microscope. To kick off July, a court in China suspended sales of 26 products from semiconductor manufacturer Micron Technology (NASDAQ:MU). The Idaho-based maker of memory chips has been embroiled in a patent infringement dispute with Taiwan-based United Microelectronics (NYSE: UMC), and this latest turn is a point in favor of the latter.