Best Growth Stocks For 2019

tags:CRI,FCPT,JKHY,

Wal-Mart Stores (WMT) has gained 21% so far this year. Can the stock keep climbing? Morgan Stanley’s Simeon Gutman and team don’t think so:

AP

We believe Wal-Mart's recent rally likely pauses. The shares are up 20% YTD and have outperformed the market by 13% over the past two months. Its P/E multiple now stands at 17.5x FTM estimates, inline with the market. We attribute this outperformance to Wal-Mart meeting numbers against low expectations (Q1 reported mid-May) and to a safe haven trade given heightened market/macro volatility.

In a less macro-driven tape, Wal-Mart should be trading at a discount to the market given its lackluster earnings growth. But the global macro backdrop is unstable and it appears Wal-Mart is being treated as a "safe haven.” Wal-Mart has historically traded at a 14-15x P/E multiple over the last 10 years, which seems more appropriate given its growth prospects…

Best Growth Stocks For 2019: Carter's, Inc.(CRI)

Advisors' Opinion:

• [By Motley Fool Staff]

  One of the things I've always tried to do with this podcast is save the best for last. It's fun to go back in time and see how things have done, especially when you have a lot of time. Let's talk about Five Stocks to Feed the Bear. Emily, here they are, alphabetically: Carter's (NYSE:CRI), Ellie Mae (NYSE:ELLI), IPG Photonics (NASDAQ:IPGP), MercadoLibre (NASDAQ:MELI), and Planet Fitness. 

• [By Max Byerly]

  Wall Street analysts predict that Carter’s, Inc. (NYSE:CRI) will announce sales of $684.12 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Carter’s’ earnings, with the lowest sales estimate coming in at $680.20 million and the highest estimate coming in at $689.50 million. Carter’s posted sales of $692.12 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.2%. The firm is scheduled to report its next earnings results on Thursday, July 26th.

• [By Logan Wallace]

  Shares of Carter’s, Inc. (NYSE:CRI) have been given an average rating of “Buy” by the fifteen research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $119.75.

Best Growth Stocks For 2019: Four Corners Property Trust, Inc.(FCPT)

Advisors' Opinion:

• [By Joseph Griffin]

  These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

  Get Four Corners Property Trust alerts: FCPT Closes 46 Chili's Restaurant Properties for $149.8 million as part of Previously Announced Brinker Sale-Leaseback Transaction (finance.yahoo.com) FCPT Announces Acquisition of a Buffalo Wild Wings Restaurant Property for $1.7 million (finance.yahoo.com) Four Corners Property Trust (FCPT) vs. Sutherland Asset Management (SLD) Head to Head Analysis (americanbankingnews.com) FCPT Announces Acquisition of an Arby's Restaurant Property for $1.6 million (finance.yahoo.com) Four Corners Property Trust Inc (FCPT) Expected to Post Quarterly Sales of $35.62 Million (americanbankingnews.com)

  Shares of Four Corners Property Trust traded down $0.16, hitting $26.01, during trading hours on Friday, according to MarketBeat Ratings. The stock had a trading volume of 360,648 shares, compared to its average volume of 479,703. The company has a current ratio of 6.59, a quick ratio of 6.59 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $1.65 billion, a P/E ratio of 19.13 and a beta of -0.04. Four Corners Property Trust has a 12-month low of $21.28 and a 12-month high of $26.96.

• [By Shane Hupp]

  Boenning Scattergood set a $30.00 target price on Four Corners Property Trust (NYSE:FCPT) in a research report released on Friday morning. The firm currently has a buy rating on the financial services provider’s stock.

• [By Joseph Griffin]

  Neuberger Berman Group LLC trimmed its position in Four Corners Property (NYSE:FCPT) by 12.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,299 shares of the financial services provider’s stock after selling 8,843 shares during the period. Neuberger Berman Group LLC owned 0.10% of Four Corners Property worth $1,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Four Corners Property Trust (FCPT)

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

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Four Corners Property (FCPT)

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

Best Growth Stocks For 2019: Jack Henry & Associates Inc.(JKHY)

Advisors' Opinion:

• [By Max Byerly]

  Great Lakes Advisors LLC lowered its position in shares of Jack Henry & Associates (NASDAQ:JKHY) by 7.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,342 shares of the technology company’s stock after selling 524 shares during the quarter. Great Lakes Advisors LLC’s holdings in Jack Henry & Associates were worth $767,000 at the end of the most recent quarter.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Jack Henry & Associates (JKHY)

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

• [By Joseph Griffin]

  Royce & Associates LP lessened its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 5.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 408,799 shares of the technology company’s stock after selling 21,500 shares during the quarter. Royce & Associates LP owned approximately 0.53% of Jack Henry & Associates worth $53,291,000 at the end of the most recent quarter.

• [By Ethan Ryder]

  Victory Capital Management Inc. lifted its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 12.9% during the first quarter, HoldingsChannel reports. The firm owned 37,261 shares of the technology company’s stock after purchasing an additional 4,244 shares during the quarter. Victory Capital Management Inc.’s holdings in Jack Henry & Associates were worth $4,507,000 as of its most recent SEC filing.