Top High Tech Stocks To Invest In 2019

tags:NYNY,ACIA,ICE,

Pessimism has invaded Genel Energy (OTCPK:GEGYF), and recently, in January 2017, the company has tested its lows. From 1100 pennies in January 2014 to the current 75, it has seen a 96% decrease in three years. In our view, the company is oversold, and the full outlook of the company, although difficult, is not as gloomy as the stock price is making it seem nowadays.

Let's start with the main factors feeding the gloomy feeling. Several consecutive shocks have hit Genel Energy since the beginning of 2014:

The ISIL expansion, taking Fallujah in January and Mosul in June 2014, nearly 50 km from Genel Energy's oil fields. The oil price downturn of mid-2014, which hit the company as hard as it did the sector itself. Then, the company cut the reserves estimate for the Taq Taq field by almost half. And on top of that, the Federal Iraqi Government and the Kurdistan Regional Government had political frictions. An interruption of the oil payments to Genel Energy followed, resulting in a $700 million debt. The outstanding payments led to a decrease in Genel's capex expense, ensued by a global decline in production.

In addition, if the war with ISIL were not enough, the Turkish pipeline was bombed in February 2016, causing a three weeks' cut, which contributed to feeding the gloom.

Top High Tech Stocks To Invest In 2019: Empire Resorts Inc.(NYNY)

Advisors' Opinion:

• [By Stephan Byrd]

  Wendys (NASDAQ: WEN) and Empire Resorts (NASDAQ:NYNY) are both retail/wholesale companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Top High Tech Stocks To Invest In 2019: Acacia Communications, Inc. (ACIA)

Advisors' Opinion:

• [By ]

  Just because the daily rhetoric about trade wars with China is dwindling, it doesn't mean there aren't still a lot of companies that could be caught in the crossfire. Cramer said this week's collapse of Acacia Communications (ACIA) could be the first of many volleys in the escalating trade battle.

• [By Ezra Schwarzbaum]

  In response to the news, optical stocks with exposure to ZTE faced heavy selling pressure, led by Acacia Communications, Inc. (NASDAQ: ACIA), which dropped 38.2 percent by the day’s close.

• [By Lisa Levin] Gainers Precipio, Inc. (NASDAQ: PRPO) jumped 43.3 percent to $0.5447 after the micro-cap specialty diagnostics company reported preliminary first-quarter results. The company said its first quarter revenue rose 286 percent from the same quarter a year ago to $712,000. Galectin Therapeutics, Inc. (NASDAQ: GALT) gained 34.5 percent to $4.52 after the company announced it would proceed with Phase 3 development of GR-MD-02 for NASH Cirrhosis following the FDA meeting. Boxlight Corporation (NASDAQ: BOXL) shares rose 21.9 percent to $8.1063. Evolus, Inc. (NASDAQ: EOLS) shares surged 16 percent to $15.65. Myomo, Inc. (NYSE: MYO) shares jumped 15.5 percent to $3.6263 after the company disclosed that its application for Medicare codes received favorable preliminary decision. Tandem Diabetes Care, Inc. (NASDAQ: TNDM) rose 13.7 percent to $10.12. ProPhase Labs, Inc. (NASDAQ: PRPH) gained 13.7 percent to $4.6743. Acacia Communications, Inc. (NASDAQ: ACIA) shares gained 12.2 percent to $35.34 as optical sector is seeing strength following President Trump's announcement that he would work with China related to ZTE Corp. Tailored Brands, Inc. (NYSE: TLRD) shares rose 11.3 percent to $35.17. Jefferies upgraded Tailored Brands from Hold to Buy. Kona Grill, Inc. (NASDAQ: KONA) jumped 10.6 percent to $2.875. Federated National Holding Company (NASDAQ: FNHC) shares rose 10.6 percent to $20.29. Raymond James upgraded Federated National Holding from Outperform to Strong Buy. Renewable Energy Group, Inc. (NASDAQ: REGI) climbed 10.2 percent to $15.15. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15. Stein Mart, Inc. (NASDAQ: SMRT) shares climbed 10.1 percent to $3.16. Stein Mart is expected to release Q1 earnings on May 23. NXP Semiconductors N.V. (NASDAQ: NXPI) rose 9.7 percent to $108.60 after Bloomberg reported that the China’s Commerce Ministry has restar
• [By ]

  Just because the daily rhetoric about trade wars with China is dwindling, it doesn't mean there aren't still a lot of companies that could be caught in the crossfire. Cramer said this week's collapse of Acacia Communications (ACIA) could be the first of many volleys in the escalating trade battle.

• [By Lisa Levin] Gainers Acacia Communications, Inc. (NASDAQ: ACIA) shares rose 18.3 percent to $37.25 in pre-market trading after gaining 1.74 percent on Friday. Kitov Pharma Ltd (NASDAQ: KTOV) rose 12.1 percent to $2.69 in pre-market trading after surging 4.80 percent on Friday. NXP Semiconductors N.V. (NASDAQ: NXPI) rose 10.9 percent to $109.75 in pre-market trading after Bloomberg reported that the China’s Commerce Ministry has restarted its review of QUALCOMM Incorporated’s (NASDAQ: QCOM) proposed takeover of NXP Semiconductors. Renewable Energy Group, Inc. (NASDAQ: REGI) rose 10.6 percent to $15.20 in pre-market trading. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15. NeoPhotonics Corporation (NYSE: NPTN) rose 10 percent to $6.40 in pre-market trading. Vaxart, Inc. (NASDAQ: VXRT) shares rose 8 percent to $5.54 in pre-market trading after gaining 2.19 percent on Friday. Profire Energy, Inc. (NASDAQ: PFIE) rose 7.3 percent to $4.58 in pre-market trading after gaining 6.22 percent on Friday. Marvell Technology Group Ltd. (NASDAQ: MRVL) rose 7 percent to $22.49 in pre-market trading after falling 1.96 percent on Friday. Oclaro, Inc. (NASDAQ: OCLR) shares rose 6.9 percent to $9.16 in pre-market trading. TransEnterix, Inc. (NYSE: TRXC) rose 5.7 percent to $2.24 in pre-market trading after gaining 3.92 percent on Friday. CVR Refining, LP (NYSE: CVRR) rose 5.4 percent to $19.70 in pre-market trading. Federal Agricultural Mortgage Corporation (NYSE: AGM) rose 5.2 percent to $92.95 in pre-market trading. International Game Technology PLC (NYSE: IGT) rose 5.2 percent to $29.94 in pre-market trading. Lumentum Holdings Inc. (NASDAQ: LITE) shares rose 5.1 percent to $66.30 in the pre-market trading session. Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 5 percent to $10.70 in pre-market trading after climbing 15.66 percent on Friday. Finisar

Top High Tech Stocks To Invest In 2019: Intercontinental Exchange Inc.(ICE)

Advisors' Opinion:

• [By Logan Wallace]

  iDice (CURRENCY:ICE) traded down 3.3% against the U.S. dollar during the 24-hour period ending at 21:00 PM E.T. on April 20th. iDice has a total market cap of $85,719.00 and approximately $0.00 worth of iDice was traded on exchanges in the last 24 hours. Over the last seven days, iDice has traded 21.8% higher against the U.S. dollar. One iDice token can currently be bought for about $0.0546 or 0.00000680 BTC on exchanges including CoinExchange and Mercatox.

• [By ]

  In addition, Corvex Management's Keith Meister reported owning new significant stakes in Intercontinental Exchange Inc. ( (ICE) ), Microsoft Corp.  (MSFT) , Monsanto Co. (MON) , Qualcomm Inc. (QCOM) , Salesforce.com Inc. (CRM) and Servicenow Inc. (NOW)

• [By Stephan Byrd]

  California Public Employees Retirement System lessened its stake in shares of Intercontinental Exchange Inc (NYSE:ICE) by 5.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,459,403 shares of the financial services provider’s stock after selling 87,370 shares during the quarter. California Public Employees Retirement System owned about 0.25% of Intercontinental Exchange worth $105,836,000 at the end of the most recent reporting period.