Samsung or Xiaomi? It's a two-horse race for India's smartphone market

India's booming smartphone market is turning into a two-horse race between Samsung and Xiaomi.

The world's biggest smartphone maker and its fast-growing Chinese rival now account for 60% of the country's sales, according to a new report by research firm Canalys.

Samsung (SSNLF) and Xiaomi each sold nearly 10 million smartphones in India in the three months to June 30, a new record for both companies, Canalys said.

The new sales estimates reflect a big comeback for Samsung, which dominated the Indian market for six years but was overtaken by Xiaomi at the end of 2017.

The Chinese smartphone maker, whose cheaper devices have struck a chord with India's price-conscious consumers, widened its lead in the quarter to March 31. It also tripled its manufacturing base in the country by adding four new smartphone factories.

But Samsung's sales grew by 47% in the June quarter compared with the same period a year ago, its best rate of growth since the last quarter of 2015.

"Samsung is hitting back," said Canalys analyst TuanAhn Nguyen. "It has launched devices pitted directly against Xiaomi's capabilities."

Making more phones in India

The South Korean electronics firm is also responding by beefing up its own capacity to make phones in India. It opened what it claims is the "world's largest mobile factory" earlier this month on the outskirts of New Delhi.

Spanning 32 acres, the factory will allow Samsung to nearly double the number of smartphones it makes in India every year from 68 million to 120 million by 2020.

There are over 800 million potential customers in India for both companies �� and others �� to target.

The iPhone is still nowhere

India is already the world's second largest smartphone market behind China, with more than 300 million users. And despite the dominance of Samsung and Xiaomi, there are opportunities for other vendors, said Canalys research manager Rushabh Doshi.

Xiaomi and Samsung are locked in a battle for supremacy in India's smartphone market.

Other Chinese smartphone companies are also making a big play for Indian customers. Xiaomi's smaller rivals Vivo and Oppo now have 11% and 10% of the market respectively.

One global brand that's nowhere in the picture? Apple (AAPL).

The iPhone has struggled to gain a foothold in India for years, where Apple has been prevented from setting up its trademark stores because of regulations requiring single-brand retailers to make most of their products locally.

It's also too expensive for the vast majority of Indians, whose average annual wage is less than $2,000.

Shipments of iPhones to India fell about 50% in the last quarter, according to Doshi. Apple has started making some older iPhone models at a new plant in Bangalore, but it still mainly caters to wealthier customers.

5 Stocks That Spoke to Brexit, 2 Years Later: Euronet Worldwide

In July 2016, the world and financial markets were still in shock from Great Britain's vote to withdraw from the European Union. It was a watershed moment for the open market -- or perhaps a catastrophic flash flood, and at the time, Motley Fool co-founder David Gardner offered listeners to the Rule Breakers podcast a sampler of five stock recommendations that he felt had some Brexit resonance. Two years on, Brexit is barely even a work in progress. In fact, it's a political quagmire with no blueprint close to being accepted by all sides, and based on the latest news, the negotiations are appearing to grow even more tumultuous. However, though there's no clarity in Europe, it is nonetheless time for him to check back in and see how those picks are performing en route to the three-year holding period he originally suggested.

Stock No. 2 was Euronet Worldwide�(NASDAQ:EEFT), a payment processor and ATM network operator, which David liked because he expected trade and commerce would keep growing globally despite Brexit. His baseline for comparison is the S&P 500, which is up 26% since he made these picks. At this point, the PayPal of Europe is not paying off for shareholders.

A full transcript follows the video.

This video was recorded on July 4, 2018.

David Gardner: Stock No. 2 is Euronet Worldwide. The ticker symbol is EEFT. This is, as I was saying two years ago, kind of the PayPal for Europe. This is a company that does a lot of e-payments, a lot of digital payments. Focused mostly in Europe, hence the name Euronet Worldwide. Yet, it also owns a lot of ATMs. Even though that may sound like an older business, because this company is expanding pretty mightily through India, where things are lower-tech in a lot of places throughout that country, a network of ATMs in India is a valuable commodity.

Euronet Worldwide two years ago was at $72 a share. Today, it tips the scales at $84 per share. That's up 17%. Good news, the stock is up, but bad news, the stock is losing to the market by 9%.

Well, why did this stock appear on the Brexit-inspired stock list? Well, for Euronet Worldwide, I was reminding anybody in the European Union who felt bereft that the U.K. had opted to leave that Europe remains such a substantial and important block. Yes, you've potentially lost one of your star players -- sticking with soccer, out on the field, you've lost one of your start players -- but you still have a really good team.

I like, I was saying at the time, the so-called PayPal for Europe, and I think that you should too. Let's hope that this stock has a better year over the next year so that I can put this one in the win column when we close out a year from now. But, for now, Euronet Worldwide is a minus 9%. If you combine that with Alphabet, plus 29%, minus 9%, that equals plus 20% as we move in our game to stock No. 3.

2 Stocks I'd Hate to Buy

There's an old sales maxim that says, "A confused mind always says no." If the sales pitch is too complicated, the customer will simply balk at making a purchase. But that doesn't seem to be the case with investing. People buy all manner of stocks they don't understand and end up regretting it when the crash comes.

Well, here are two stocks that I'd hate to buy, even though the story sounds simple enough, because I just can't understand the bull case: meal-kit leader Blue Apron (NYSE:APRN)�and streaming-movie leader Netflix (NASDAQ:NFLX).

Image source: Blue Apron.

You'll be eaten alive

Even though meal kits appear to be a growth industry, the market for individual providers is not healthy. Although its shares have nearly doubled over the last three months (they're up over 95% since their April lows), Blue Apron is a business that can't survive, at least not on its own.

The primary problem with meal-kit services is that they're an expensive meal option that consumers simply don't stay with. Customer churn is extraordinarily high, which means the service needs to spend bucketloads of money to acquire new customers again and again. It's a constant ebb and flow that drains much-needed capital and raises costs.

Standalone meal-kit companies are also an inefficient means of distributing food, which is why numerous supermarket chains, including Albertson's, Kroger, and Walmart, have acquired or launched their own meal-kit lines. Unless they cater to very special dietary needs, meal kits have become a commodity product that can't justify their inflated price, especially when they're sold outside of a supermarket.

Since few people can fully forgo shopping at a grocery store, the future of the industry is in partnerships with national chains. Although Blue Apron has teamed up to have its kits appear in a few Costco stores, it won't be enough of a boost to the bottom line to keep the meal-kit maker going for long.

A buyout remains its best bet, but since it no longer has a compelling growth story, Blue Apron is unlikely to see an acquisition premium, even if an offer is made.

Image source: Getty Images.

We've seen this movie before

Netflix started the year at less than $200 a share, and halfway through 2018, it's already over $400 a stub for a 113% gain so far. Over the last 12 months it is up 180%. But just because a stock is scoring big gains doesn't mean you avoid buying, and Netflix is inarguably a terrific company that has played the streaming wave just right. However, at 244 times trailing earnings and 88 times next year's estimates, it's hard to make the case Netflix stock is worth it when it isn't producing any operating cash flow -- it ended 2017 almost $1.8 billion in the red.

While profitability can come if it slows its content spending some, it's unfortunately unable to do that as the competitive arena becomes more intense. Netflix realizes that, which is why it reportedly is increasing its budget from $7 billion to $13 billion to purchase original content to stream on its platform. This spend-or-die attitude has taken root in the industry and Netflix is feeling the heat from its rivals, which is why it's stepping up its spending.

And its competition isn't only from a bunch of Johnny-come-latelies, but rather�Disney, Facebook, Alphabet, and more.

Now Netflix is adding more members to its rolls, but the valuation is predicated on its being able to continue growing at this torrid pace for years to come. While an international market opportunity does exist, it's going to become a more expensive proposition as the company burns through cash trying to keep all of its irons in the fire.

Not a call to short

While I wouldn't buy either of these stocks, that doesn't mean I would short them now, either. These stocks are both on a tear, and as the saying goes, a market can remain irrational longer than you can remain solvent.

Still, these stocks have far surpassed rational valuations, and expectations have run too far ahead. That doesn't necessarily make them bad businesses; they're just not worth the price the market says you should pay. And that price will keep me away from them.

Top 5 Financial Stocks To Invest In Right Now

tags:STRS,SHBI,CSWC,ONB,CBOE, LISTEN TO ARTICLE 1:48 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email

A torrent of fund outflows has taken Bank of America Corp.’s contrarian Bull & Bear Indicator to a two-year low, pushing it closer to a buy signal for risk assets.

Emerging-market equity, financials and investment-grade funds have suffered their biggest exodus since late 2016 as trade tensions and tighter monetary policy spur investors to separate the wheat from the chaff.

Top 5 Financial Stocks To Invest In Right Now: Stratus Properties Inc.(STRS)

Advisors' Opinion:

• [By Shane Hupp]

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

  Get Stratus Properties alerts: Analyzing Stratus Properties (STRS) & City Developments (CDEVY) (americanbankingnews.com) Stratus Properties (STRS) versus City Developments (CDEVY) Financial Survey (americanbankingnews.com) Reviewing Stratus Properties (STRS) and St. Joe (JOE) (americanbankingnews.com) Stratus Properties (STRS) versus City Developments (CDEVY) Head-To-Head Analysis (americanbankingnews.com) Contrasting Stratus Properties (STRS) & St. Joe (JOE) (americanbankingnews.com)

  NASDAQ STRS traded down $0.25 during trading hours on Monday, hitting $31.10. The company’s stock had a trading volume of 528 shares, compared to its average volume of 7,123. Stratus Properties has a 52 week low of $26.15 and a 52 week high of $32.15. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.74.

Top 5 Financial Stocks To Invest In Right Now: Shore Bancshares Inc(SHBI)

Advisors' Opinion:

• [By Joseph Griffin]

  LSV Asset Management increased its stake in Shore Bancshares Inc (NASDAQ:SHBI) by 134.4% during the 1st quarter, Holdings Channel reports. The firm owned 157,489 shares of the bank’s stock after acquiring an additional 90,289 shares during the period. LSV Asset Management’s holdings in Shore Bancshares were worth $2,970,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Joseph Griffin]

  Media coverage about Shore Bancshares (NASDAQ:SHBI) has trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shore Bancshares earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.376414932679 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

• [By Shane Hupp]

  Press coverage about Shore Bancshares (NASDAQ:SHBI) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shore Bancshares earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.3784121307224 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Top 5 Financial Stocks To Invest In Right Now: Capital Southwest Corporation(CSWC)

Advisors' Opinion:

• [By Motley Fool Staff]

  Capital Southwest (NASDAQ:CSWC) Q4 2018 Earnings Conference CallJun. 5, 2018 11:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Stephan Byrd]

  Press coverage about Capital Southwest (NASDAQ:CSWC) has been trending positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Capital Southwest earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned news stories about the asset manager an impact score of 44.9331419606621 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

• [By Max Byerly]

  Capital Southwest (NASDAQ: CSWC) and TRIPLEPOINT VEN/COM (NYSE:TPVG) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, valuation, institutional ownership, risk, profitability, dividends and analyst recommendations.

• [By Joseph Griffin]

  Capital Southwest Co. (NASDAQ:CSWC) announced a quarterly dividend on Tuesday, June 5th, Wall Street Journal reports. Investors of record on Tuesday, June 26th will be paid a dividend of 0.29 per share by the asset manager on Monday, July 2nd. This represents a $1.16 annualized dividend and a dividend yield of 6.80%. The ex-dividend date of this dividend is Monday, June 25th. This is a boost from Capital Southwest’s previous quarterly dividend of $0.28.

Top 5 Financial Stocks To Invest In Right Now: Old National Bancorp Capital Trust I(ONB)

Advisors' Opinion:

• [By Ethan Ryder]

  Old National Bancorp (NASDAQ:ONB) Director Katherine E. White sold 1,064 shares of the company’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.80, for a total transaction of $18,939.20. Following the transaction, the director now owns 1,243 shares in the company, valued at approximately $22,125.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

• [By Max Byerly]

  Russell Investments Group Ltd. reduced its holdings in shares of Old National Bancorp (NASDAQ:ONB) by 31.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 441,479 shares of the bank’s stock after selling 198,314 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.29% of Old National Bancorp worth $7,461,000 as of its most recent filing with the SEC.

• [By Joseph Griffin]

  MetLife Investment Advisors LLC reduced its position in shares of Old National Bancorp (NASDAQ:ONB) by 9.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,196 shares of the bank’s stock after selling 5,905 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Old National Bancorp were worth $1,000,000 at the end of the most recent quarter.

• [By Stephan Byrd]

  Old National Bancorp (NASDAQ:ONB) was upgraded by equities research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday.

Top 5 Financial Stocks To Invest In Right Now: CBOE Holdings Inc.(CBOE)

Advisors' Opinion:

• [By Ethan Ryder]

  State of Tennessee Treasury Department lessened its stake in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 23.3% in the first quarter, Holdings Channel reports. The institutional investor owned 110,676 shares of the financial services provider’s stock after selling 33,675 shares during the quarter. State of Tennessee Treasury Department’s holdings in Cboe Global Markets were worth $12,628,000 as of its most recent filing with the SEC.

• [By Dan Caplinger]

  Last December, two major futures exchanges started offering futures contracts on bitcoin. CBOE Global Markets (NASDAQ:CBOE) was the first to market with its futures offering, and CME Group (NASDAQ:CME) didn't waste any time coming out with its own version of a bitcoin contract.

• [By Chris Lange]

  The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Cboe Global Markets, Inc. (NASDAQ: CBOE) which fell about 2% to $100.79. The stock��s 52-week range is $91.12 to $138.54. Volume was nearly 1 million compared to the daily average volume of 1.1 million.

• [By Motley Fool Staff]

  Cboe Global Markets (NASDAQ:CBOE) Q1 2018 Earnings Conference CallMay. 4, 2018 8:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Hot Canadian Stocks To Buy For 2019

tags:NUS,THO,SWY,PBH,PMT,

Press coverage about Canadian Solar (NASDAQ:CSIQ) has trended somewhat positive on Thursday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Canadian Solar earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the solar energy provider an impact score of 48.308473317829 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have impacted Accern’s scoring:

Hot Canadian Stocks To Buy For 2019: Nu Skin Enterprises Inc.(NUS)

Advisors' Opinion:

• [By ]

  Nu Skin Enterprises (NYSE: NUS) is benefiting from two key trends: its strong presence in Asia where it books 79% of its revenue and leading brand awareness with millennials. The company has increased its dividend every year since 2001, now paying a 2% yield, and maintains a share repurchase program that returns excess cash to shareholders.

• [By Max Byerly]

  Nu Skin Enterprises (NYSE: NUS) and PetIQ (NASDAQ:PETQ) are both consumer staples companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, earnings, dividends, profitability, analyst recommendations, valuation and risk.

• [By Shane Hupp]

  Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) reached a new 52-week high and low during trading on Wednesday . The company traded as low as $81.72 and last traded at $81.25, with a volume of 3382 shares traded. The stock had previously closed at $80.34.

Hot Canadian Stocks To Buy For 2019: Thor Industries Inc.(THO)

Advisors' Opinion:

• [By ]

  LCI Industries (LCII) fell 5% on the day. Patrick Industries Inc. (PATK) dropped 4.24%. Thor Industries Inc. (THO) tanked 9.83%. Winnebago Industries Inc. (WGO) fell 8.85%. 

• [By Garrett Baldwin]
  Markets are cheering a major development in efforts to fix the ongoing trade conflict between the United States and China. According to Reuters, Chinese telecom giant ZTE has signed an agreement to get back into business with its American partners. The agreement will lift a ban by the U.S. Commerce Department that prevented China's No. 2 telecommunications equipment from buying from U.S. suppliers. This is a major development, and one that signals progress among trade officials from both nations. There are now more job openings in the United States than available workers. This is the first time that the Department of Labor has documented this phenomenon. There are 6.7 million openings compared to the 6.4 million workers available to fill those positions. As a result, U.S. companies have been forced to increase compensation in order to attract talent. All of the positive economic development could come to a screeching halt should the U.S. experience the largest labor strike in a decade. Reports indicate that the Teamsters and the United Parcel Service (NYSE: UPS) are on a collision course that could result in a general strike. The union has announced that 260,000 UPS employees have authorized a strike should both sides fail to reach a labor deal by August 1. UPS is responsible for the transport of 6% of the nation's gross domestic product. Three Stocks to Watch Today: TSLA, NOG, WFC Tesla Inc. (Nasdaq: TSLA) investors remain committed to giving Chairman Elon Musk more of their money. On Tuesday, shareholders struck down proposals that would have removed Musk from the chairman role and shaken up the board of directors. Both proposals failed. At the same shareholder event, Musk announced plans for Tesla to open a production facility in Shanghai and projected that his firm will likely produce 5,000 Model 3 vehicles per week by the end of June. In deal news, defense contractor Northrop Grumman (NYSE: NOG) has won U.S. antitrust approval to purchase rocket moto
• [By Shane Hupp]

  Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) has received a consensus rating of “Hold” from the nine brokerages that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$8.33.

• [By Asit Sharma]

  Winnebago's total backlog increased by 36% against the comparable prior year quarter, to $193.1 million. Competitor Thor Industries' (NYSE:THO) quarterly earnings, reported earlier this month, revealed a backlog reduction of 18%. Although Thor's management presented a credible argument�that the organization's backlog reduction is due to increased production capability, its shareholders nonetheless have worried over demand trends. Winnebago's own backlog growth provides a more positive data point for those taking stock of the larger RV industry.�

• [By Dan Caplinger]

  Many people think of recreational vehicles as part of an iconic American pastime associated with the love of the open road. For Thor Industries (NYSE:THO), the RV manufacturer's corporate home in Elkhart, Indiana, might seem about as far removed from international trade tensions as you could image. Yet even though the RV market has been extremely strong lately, Thor believes that what's been going on between Washington and foreign trade partners could create headwinds that will eventually make their way to this company in America's heartland.

• [By Shane Hupp]

  Brokerages expect Tahoe Resources Inc (NYSE:TAHO) (TSE:THO) to announce earnings of $0.02 per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Tahoe Resources’ earnings. The highest EPS estimate is $0.04 and the lowest is ($0.01). Tahoe Resources reported earnings per share of $0.11 in the same quarter last year, which would suggest a negative year over year growth rate of 81.8%. The company is scheduled to issue its next quarterly earnings results on Tuesday, August 14th.

Hot Canadian Stocks To Buy For 2019: Safeway Inc.(SWY)

Advisors' Opinion:

• [By Jim Robertson]

  In addition, Goldcorp��s (NYSE: GG) �l茅onore mine in the heart of the territory along with the Troilus mine (which produced over 2 million ounces of gold from 1997-2010 and is estimated to have another remaining 2 million ounces of reserves) are helping to maintain the interest of junior exploration companies in nearby properties. The same can be said about the Otish Mountains�area following the discovery of diamonds by�Stornoway Diamond Corporation (TSX: SWY) at their Renard diamond mine which is projected to produce 1.5-2 millions carats per year.

Hot Canadian Stocks To Buy For 2019: Prestige Brand Holdings Inc.(PBH)

Advisors' Opinion:

• [By Ethan Ryder]

  Prestige Brands Holdings, Inc. (NYSE:PBH) – Investment analysts at Gabelli cut their FY2019 earnings estimates for shares of Prestige Brands in a research report issued on Tuesday, July 3rd. Gabelli analyst Z. Bodini now anticipates that the company will post earnings of $3.00 per share for the year, down from their prior forecast of $3.05. Gabelli also issued estimates for Prestige Brands’ FY2020 earnings at $3.35 EPS, FY2021 earnings at $3.75 EPS, FY2022 earnings at $4.20 EPS and FY2023 earnings at $4.65 EPS.

• [By Joseph Griffin]

  Prestige Brands Holdings, Inc. (NYSE:PBH) – Equities researchers at DA Davidson cut their Q2 2019 earnings estimates for shares of Prestige Brands in a research note issued to investors on Tuesday, July 3rd. DA Davidson analyst L. Weiser now anticipates that the company will post earnings per share of $0.60 for the quarter, down from their prior estimate of $0.64. DA Davidson currently has a “Neutral” rating and a $33.00 target price on the stock. DA Davidson also issued estimates for Prestige Brands’ FY2019 earnings at $2.83 EPS and FY2020 earnings at $2.97 EPS.

• [By Stephan Byrd]

  Premium Brands (TSE:PBH) had its target price increased by TD Securities from C$140.00 to C$145.00 in a research note published on Thursday. The firm currently has an action list buy rating on the stock.

• [By Lisa Levin] Companies Reporting Before The Bell Nomad Foods Limited (NYSE: NOMD) is estimated to report quarterly earnings at $0.36 per share on revenue of $656.43 million. AMC Networks Inc. (NASDAQ: AMCX) is expected to report quarterly earnings at $2.2 per share on revenue of $720.14 million. Magna International Inc. (NYSE: MGA) is projected to report quarterly earnings at $1.7 per share on revenue of $10.11 billion. Univar Inc. (NYSE: UNVR) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.12 billion. Duke Energy Corporation (NYSE: DUK) is expected to report quarterly earnings at $1.14 per share on revenue of $5.78 billion. Owens & Minor, Inc. (NYSE: OMI) is projected to report quarterly earnings at $0.47 per share on revenue of $2.40 billion. Prestige Brands Holdings, Inc. (NYSE: PBH) is expected to report quarterly earnings at $0.61 per share on revenue of $255.60 million. Tribune Media Company (NYSE: TRCO) is projected to report quarterly earnings at $0.06 per share on revenue of $457.67 million. ArcBest Corporation (NASDAQ: ARCB) is estimated to report quarterly loss at $0.07 per share on revenue of $691.18 million. Genesis Healthcare, Inc. (NYSE: GEN) is projected to report quarterly loss at $0.34 per share on revenue of $1.32 billion. Enbridge Inc. (NYSE: ENB) is expected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion. Kelly Services, Inc. (NASDAQ: KELYA) is estimated to report quarterly earnings at $0.42 per share on revenue of $1.34 billion. NICE Ltd. (NASDAQ: NICE) is expected to report quarterly earnings at $1.01 per share on revenue of $332.93 million. World Acceptance Corporation (NASDAQ: WRLD) is estimated to report quarterly earnings at $3.94 per share on revenue of $147.32 million. MAXIMUS, Inc. (NYSE: MMS) is expected to report quarterly earnings at $0.84 per share on revenue of $616.04 million. Choice Hotels International, Inc. (NYSE: CH
• [By Stephan Byrd]

  Premium Brands Holdings Corp (TSE:PBH) Director Stephen Sposari sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 25th. The stock was sold at an average price of C$117.01, for a total transaction of C$351,030.00.

• [By Lisa Levin] Gainers Turtle Beach Corporation (NASDAQ: HEAR) surged 87.1 percent to $12.98 after the company reported Q1 results and raised its FY18 outlook. ARMO BioSciences, Inc. (NASDAQ: ARMO) shares jumped 66.8 percent to $49.735 after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. vTv Therapeutics Inc. (NASDAQ: VTVT) gained 34 percent to $2.2920 following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Prestige Brands Holdings, Inc. (NYSE: PBH) climbed 22.3 percent to $34.84 after the company posted upbeat Q4 earnings. Depomed, Inc. (NASDAQ: DEPO) shares jumped 22.2 percent to $7.28 following better-than-expected Q1 earnings. Everspin Technologies, Inc. (NASDAQ: MRAM) gained 19.8 percent to $8.89 after the company reported strong results for its first quarter. Luxfer Holdings PLC (NYSE: LXFR) surged 19.8 percent to $17.10 following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 18.3 percent to $2.26 after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Intelligent Systems Corporation (NYSE: INS) gained 17 percent to $7.116. Green Dot Corporation (NYSE: GDOT) surged 15.3 percent to $73.00 after reporting upbeat Q1 earnings. The Chefs' Warehouse, Inc. (NASDAQ: CHEF) climbed 15 percent to $28.85. Chefs' Warehouse posted Q1 earnings of $0.03 per share on sales of $318.6 million. Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 14.2 percent to $2.9701. Wright Medical Group N.V. (NASDAQ: WMGI) jumped 13.8 percent to $23.87 after reporting upbeat quarterly earnings. Diplomat Pharmacy, Inc. (NYSE: DPLO) gained 13.4 percent to $22.70. Diplomat named Brian Griffin as Chairman and CEO. Carvana Co. (NYSE: CVNA) shares rose 13 percent to $27.97 after reporting upbeat Q1 sales. Prothena Corporation plc (NASDAQ: PRTA) gained 12 percent to $15.19

Hot Canadian Stocks To Buy For 2019: PennyMac Mortgage Investment Trust(PMT)

Advisors' Opinion:

• [By Stephan Byrd]

  Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.34. Wedbush also issued estimates for Pennymac Mortgage Investment’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $1.74 EPS.

• [By Stephan Byrd]

  Pennymac Mortgage Investment (NYSE:PMT) shares reached a new 52-week high and low on Monday . The company traded as low as $18.60 and last traded at $18.62, with a volume of 19306 shares changing hands. The stock had previously closed at $18.50.

Cramer says 'accidentally anti-Chinese' FANG stocks are 'perfect for this market'

With U.S. investors laser-focused on the White House's tit-for-tat trade dispute with Beijing, CNBC's Jim Cramer wanted to hone in on four stocks in the market that are most resilient to trade tensions.

The lucky few? The members of FANG, the "Mad Money" host's acronym for the stocks of Facebook, Amazon, Netflix and Google, now Alphabet.

"In one of the great coincidences in stock market history, FANG��s got nothing in China," Cramer said Thursday as stocks rose in a day of recovery from the U.S.-China dispute.

"All four are accidentally anti-Chinese stocks, and that is perfect for this market," he added.

Facebook, for one, is blocked in the People's Republic, where the government has been loathe to allow the social media platform to do business for fear of the free speech and social unrest it could encourage among users.

Amazon's major Chinese obstacle is its counterpart, Alibaba, a comparably massive e-commerce player already established in China that makes even the world's richest man, Amazon CEO Jeff Bezos, obsolete.

Netflix, like Facebook, is also blocked in China.

And Alphabet, the parent company of Google, withdrew its business from China by choice as a way of protesting the government's heightened focus on censorship.

"They literally leave billions on the table as a matter of principle," Cramer said of Alphabet. "Still, Alphabet��s lack of China exposure right now makes it a better stock than if it had China as a major market. Ironic, isn��t it?"

Some other factors that make FANG this market's lucky few? Consider the technology giants' secular growth �� growth that doesn't rely on the rest of the global economy �� and economic immunity, the "Mad Money" host said.

For example, both investors and Federal Reserve officials have expressed concerns about inflation rising due to tariffs, oil prices and growing freight costs. But when it comes to FANG, the market's biggest worries become minor issues.

"If you were going to design four large companies that would be relatively immune to inflation, they��d look a lot like Facebook, Amazon, Netflix and Alphabet," Cramer said.

So when it comes to Facebook and its Instagram momentum, Amazon and its newfound pharmacy business, Netflix and its seemingly endless overseas opportunity and Alphabet with its wide array of businesses, Cramer was actually bullish on the stocks many investors see as far-too-expensive investments.

As of Thursday's close, shares of Facebook were up 3 percent at $198.45; shares of Amazon were up a modest 0.34 percent at $1,699.73; shares of Netflix were up 2 percent at $398.39; and Alphabet's Class A shares were up 2.24 percent, at $1,141.29.

"I know nothing lasts forever, and it��s easy to see why these FANG stocks are reviled for being too high, too fast, too rich, too whatever," he said. "But that��s been the case ever since we coined the term five years ago. Who knows? Maybe it'll be the same five years hence."

WATCH: Cramer doubles down on FANG amid trade tensions show chapters Cramer says 'accidentally anti-Chinese' FANG stocks are 'perfect for this market'    12 Hours Ago | 08:03

Disclosure: Cramer's charitable trust owns shares of Facebook, Amazon and Alphabet.

Questions for Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer's world? Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

JPMorgan Chase & Co. Sells 176,566 Shares of Genworth Financial Inc (GNW)

JPMorgan Chase & Co. trimmed its holdings in shares of Genworth Financial Inc (NYSE:GNW) by 8.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,038,174 shares of the financial services provider’s stock after selling 176,566 shares during the period. JPMorgan Chase & Co. owned about 0.41% of Genworth Financial worth $5,768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of GNW. Schwab Charles Investment Management Inc. increased its stake in shares of Genworth Financial by 5.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 3,334,927 shares of the financial services provider’s stock worth $10,372,000 after purchasing an additional 172,433 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of Genworth Financial by 298.6% during the 4th quarter. Teacher Retirement System of Texas now owns 164,362 shares of the financial services provider’s stock worth $511,000 after purchasing an additional 123,128 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Genworth Financial by 8.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,193,331 shares of the financial services provider’s stock worth $3,711,000 after purchasing an additional 94,598 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Genworth Financial by 27.0% during the 4th quarter. Arizona State Retirement System now owns 359,273 shares of the financial services provider’s stock worth $1,117,000 after purchasing an additional 76,331 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Genworth Financial by 52.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 55,077 shares of the financial services provider’s stock worth $171,000 after purchasing an additional 18,868 shares in the last quarter. 65.43% of the stock is owned by institutional investors and hedge funds.

Get Genworth Financial alerts:

GNW has been the subject of a number of recent research reports. Wells Fargo & Co reissued a “hold” rating and set a $5.00 price objective (up from $3.00) on shares of Genworth Financial in a research note on Wednesday, June 6th. Zacks Investment Research cut shares of Genworth Financial from a “hold” rating to a “sell” rating in a research note on Tuesday. BTIG Research reissued a “hold” rating on shares of Genworth Financial in a research note on Tuesday, June 12th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Genworth Financial in a research note on Thursday, April 12th. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $4.17.

GNW stock opened at $4.50 on Friday. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 3.24, a PEG ratio of 0.89 and a beta of 2.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.28 and a quick ratio of 0.28. Genworth Financial Inc has a one year low of $2.66 and a one year high of $4.92.

Genworth Financial (NYSE:GNW) last released its earnings results on Tuesday, May 1st. The financial services provider reported $0.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.01). The firm had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.15 billion. Genworth Financial had a return on equity of 4.50% and a net margin of 9.39%. The firm’s revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 earnings per share. sell-side analysts expect that Genworth Financial Inc will post 0.98 EPS for the current year.

Genworth Financial Company Profile

Genworth Financial, Inc provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans.