After hours: 6:08PM EDT
|Bid||69.42 x 1000|
|Ask||69.43 x 1000|
|Day's Range||68.82 - 69.81|
|52 Week Range||63.02 - 83.86|
|Beta (3Y Monthly)||-0.18|
|PE Ratio (TTM)||22.35|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.80 (1.07%)|
|1y Target Est||83.17|
Given its modestly poor performance on Tuesday and Wednesday, the odds were against a gain on Thursday headed into the long weekend. But the S&P 500 defied the odds, clawing its way back out of the red to leave behind a 0.16% gain. It's clear, however, the weight of the gains since late December aren't going to be easy to shrug off.Source: Allan Ajifo via Wikimedia (Modified)Investors can thank General Electric (NYSE:GE) for doing a great deal of the heavy lifting. Shares of the struggling industrial giant were up 2.5% after Melius Research analyst Scott Davis claimed a top industrial investor is stepping into the beaten-down stock.At the other end of the spectrum, Pfizer (NYSE:PFE) fell 1.5%, extending a sector-wide selloff that largely stems from an uncertain future for healthcare. Most Democratic Presidential candidates are developing a platform on government-managed healthcare, while Republicans aren't offering much in the way of alternatives.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Cheap Stocks That Cost Less Than $10 Neither of those names is a particularly great trading prospect as the new trading week kicks off though. Rather, take a look at the stock charts of CF Industries Holdings (NYSE:CF), Caterpillar (NYSE:CAT) and Lamb Weston Holdings (NYSE:LW) for your best bets. Caterpillar (CAT)Caterpillar shares have been losing ground since early 2018. Although 2017 was almost heroic, fear of tariffs followed by the actual implementation of those tariffs took a sizeable toll on CAT stock.Things have changed since October's low though. We've seen a string of higher lows, and as of the end of last week, higher highs. There's just one more hurdle to clear before Caterpillar stock is in full-blown breakout mode. Click to Enlarge * The breakout trigger would be a thrust above the upper edge of the falling trading range plotted in white on the weekly chart. One or two more good days could get the stock past that ceiling. * In the meantime, CAT stock has cleared a horizontal ceiling at $142.83, plotted with a yellow dashed line on both stock charts. Shares hit highs there a couple of times before pushing above that resistance last week. * If the breakout takes hold, the most plausible upside target is around $159, where CAT peaked several times in the middle of last year. That level is marked with a dashed blue line on the daily chart. Lamb Weston Holdings (LW)You may be more familiar with Lamb Weston Holdings than you realize. The company supplies potato products to the restaurant industry. Restaurants sell 80 million servings of Lamb Weston-supplied fries every single day. It may also be unfamiliar simply because it has only been a publicly traded entity since late 2016, when it was spun off by ConAgra Foods (NYSE:CAG).LW stock had a pretty good post-spinoff run too. As of last week though, it's pretty clear the post-spinoff euphoria has run its course. LW stock is one bad day away from a major meltdown. * 10 Best Stocks to Buy and Hold Forever Click to Enlarge * Thursday's low lines up with the last two major lows, plotted with a yellow dashed line on both stock charts. * Although the intermediate-term support is still intact, the horizontal support at $68.00, where Lamb Weston stock found a floor a few times in February and March, failed as a floor on Thursday. * It's subtle and not yet convincing, but Friday's bearish volume in LW stock was above average. It's a hint that there may be a lot more nervous investors waiting in the wings to dump their stake should things get any worse. CF Industries Holdings (CF)A month ago, CF stock was close to a breaking point. It was moving back toward a low around $89 for a second time after falling to that level in early March, with some momentum behind the effort.The stock never slipped over the edge though. Rather, it pushed up and off that floor at $89 to make a double bottom. Now shares are within striking distance of a couple of different technical ceilings that could prove quite catalytic. Click to Enlarge * The first of those technical ceilings is $45.40, marked with a red dashed line. That's where shares peaked in February, and so far where they've peaked in April. * Bolstering the bullish case is the amount of buying volume that materialized the last two days of last week. There are willing buyers out there. * Further bolstering the bullish case is the way CF stock found support at a well-established support line plotted in purple on the weekly chart. It has tagged all the key lows going back to late 2016. * At this point, the make-or-break line is the 200-day moving average line, plotted in white on both stock charts.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post 3 Big Stock Charts for Monday: Caterpillar, Lamb Weston and CF Industries appeared first on InvestorPlace.
Philip Morris' (PM) Q1 results benefit from pricing and improved results from the RRPs category. However, the combustible unit continues to be weak.
Sysco (SYY) acquires two Hispanic food distributors to expand customer base and boost long-term growth. This deal will further lift the top line of the company's U.S. Foodservice segment.
Campbell (CPB) inks deal to divest Bolthouse Farms to an affiliate of Butterfly Equity. The deal is expected to conclude by the end of fiscal 2019.
Lamb Weston (LW) focuses on LTO innovation. Further, the company is gaining from its strong Global segment and efficient price/mix.
General Mills (GIS) is committed toward boosting market share through innovation. Also, the company is on track with its four key global priorities.
Hain Celestial (HAIN) is expected to gain from its Project Terra program and strategic acquisitions amid muted FY19 guidance and soft margins.
Flowers Foods (FLO) is committed toward boosting market share through buyouts. Also, it is on track with Project Centennial.
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of December 31. The results of that effort will be put on display in this article, as […]
Lamb Weston (LW) Q3 earnings and sales improve year over year. The company witnesses improved product contribution margins at the Global and Foodservice segments.
Lamb Weston (LW) delivered earnings and revenue surprises of 15.85% and 2.92%, respectively, for the quarter ended February 2019. Do the numbers hold clues to what lies ahead for the stock?
was climbing sharply in premarket trading Wednesday following its third quarter top- and bottom-line beats. Lamb Weston shares were up nearly 7% in trading Tuesday. "Our base business in North America and Asia continued to drive solid sales and earnings growth in the third quarter, more than offsetting softer results in Europe that are being affected by a historically poor potato crop," said Tom Werner, president and CEO.
On a per-share basis, the Eagle, Idaho-based company said it had net income of 95 cents. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research ...
Shares of Lamb Weston Holdings Inc. shot up 7.3% in premarket trade Tuesday, after the frozen potato products seller to restaurants and retailers reported fiscal third-quarter earnings and sales that beat expectations and raised its full-year guidance. Net income for the quarter to Feb. 24 fell to $141.4 million, or 95 cents a share, from $156.8 million, or $1.06 a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS rose to 95 cents from 91 cents, above the FactSet consensus of 83 cents. Sales increased 7% to $926.8 million, beating the FactSet consensus of $898.5 million, as global segment sales rose more than expected, foodservice sales grew in line with expectations and retail sales fell to miss expectations. For fiscal 2019, the company raised its growth outlook to "high single digits" percentage range from "mid-to-high single digits." The FactSet consensus of $3.70 billion implies 8.0% growth. The stock has edged up 0.6% year to date through Monday, while the S&P 500 has climbed 14.4%.
NEW YORK, NY / ACCESSWIRE / April 2, 2019 / Lamb Weston Holdings, Inc. (NYSE: LW ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on April 2, 2019 at 10:00 AM ...
Lamb Weston (LW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.