Stock market indexes are at or near all-time highs, and the S&P 500 has gained nearly 50% over just the past three years. It can be hard to find bargain investment ideas in such a positive environment. As Warren Buffett has pointed out, "It's optimism that is the enemy of the rational buyer."
With that idea in mind, below I'll take a look at a few stocks that have missed at least part of the recent rally but still look like strong long-term investments. Read on to find out why Carnival (NYSE:CCL), Procter & Gamble (NYSE:PG), and eBay (NASDAQ:EBAY) might be cheap right now for the wrong reasons.
CCL data by YCharts
Cruising for a discountCarnival's stock has declined 8% over the past year, making it cheaper compared to the broader market and also compared to peers like Royal Caribbean. Yet the cruise giant's business is as strong as it has ever been. In fact, Carnival's growth beat management's targets in each of the first two quarters of the fiscal year, with its most recent report showing strong sales growth and healthy profits thanks to robust vacation demand and rising ticket prices.
Hot Warren Buffett Stocks For 2019: Lam Research Corporation(LRCX)
Advisors' Opinion:- [By Joseph Griffin]
D.A. Davidson & CO. trimmed its position in Lam Research Co. (NASDAQ:LRCX) by 21.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,450 shares of the semiconductor company’s stock after selling 1,522 shares during the quarter. D.A. Davidson & CO.’s holdings in Lam Research were worth $942,000 at the end of the most recent quarter.
- [By Motley Fool Staff]
Their picks: semiconductor-making machine maker Lam Research (NASDAQ:LRCX), social media player Snap Inc. (NYSE:SNAP), and transport major Delta Air Lines (NYSE:DAL). But as was the case last week, too, not all of these stocks to watch are necessarily ones they view as stocks to buy.
- [By Trey Thoelcke]
And Lam Research Corp. (NASDAQ: LRCX) EPS are expected to grow 21.4% in the next five years, putting on the brakes after more than 90% growth in the prior five years. The stock has been a laggard despite the bull market. The share price is more than 21% lower than at the beginning of the year. The company is scheduled to release its fiscal first-quarter results on October 16.
- [By Logan Wallace]
Bank of Stockton bought a new stake in Lam Research Co. (NASDAQ:LRCX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,520 shares of the semiconductor company’s stock, valued at approximately $230,000.
- [By Billy Duberstein]
Like the semiconductor and memory industries, the semiconductor equipment industry has consolidated, to a handful of key global players. Two of the largest are U.S. companies Lam Research (NASDAQ:LRCX) and Applied Materials (NASDAQ:AMAT).
- [By Jon C. Ogg]
Lam Research Corp. (NASDAQ: LRCX) was downgraded to Neutral from Buy and the price target was cut to $180 from $224 (versus a $155.40 close) by analyst Toshiya Hari at Goldman Sachs. The downgrade warns that semiconductor capex was going to face a larger fallout from a broad-based correction in 2019. Lam Research’s stock was trading down another 3.2% at $150.50 on Wednesday morning, and previously it had a consensus target price of $239.30. The shares are now down over 35% from the 52-week high.
Hot Warren Buffett Stocks For 2019: Eastman Kodak Company(KODK)
Advisors' Opinion:- [By ]
Eastman Kodak Co. (KODK) has accused Hong Kong-based trading exchange LBank.io of fraud related to its upcoming KODAKCoin initial coin offering (ICO). LBank.io claimed it would be hosting the KODAKCoin ICO from May 4 through May 11, but Kodak said it's not true. "It has come to our attention that more than one fraudulent website has been promoting the sale of KODAKCoin. All factual information regarding the availability of an IOC to accredited investors will come directly from KODAKCoin and its authorized representatives," Kodak said to Coindesk. Kodak had initially expected to begin offering its KODAKCoin in January, but has since delayed the sale. LBank.io is the ninth-largest cryptocurrency exchange in the world by trading volume.
- [By ]
Eastman Kodak Co. (NYSE:KODK) surprised investors earlier this month when the company announced it was planning to launch its own cryptocurrency.
Speculators quickly scooped up Kodak's languishing stock on the news, sending shares from $3 to more than $13 in just two trading days.
- [By ]
After a number of delays, Eastman Kodak Co. (KODK) announced that its KODAKCoin will begin fundraising later this month. The offering of KODAKCoin, which will come in the form of a Simple Agreements for Future Tokens (SAFTs) sale, will start May 21 for a limited number of accredited investors. Kodak is seeking to raise $50 million in the fundraising, which will be carried out by WENN Digital. Kodak first announced the coin and its planned offering in January. "Our goal with this offering is utmost security and transparency, working to bring digital tokens to investors by adhering to industry best practices and in a manner that we hope instils public confidence in the crypto space," said WENN, according to Coindesk.
- [By Nicholas Rossolillo]
At the beginning of 2018, shares of Eastman Kodak (NYSE:KODK) surged from $3 to over $13 on news released at the Consumer Electronics Show that the company was working on its own cryptocurrency: KODAKCoin. Optimism has since faded as the coin offering and supporting platform have been postponed until summer 2019, and focus on the company's struggling financial results has resumed. As a result, the stock is back to plumbing new lows.
Hot Warren Buffett Stocks For 2019: Xcel Energy Inc.(XEL)
Advisors' Opinion:- [By Max Byerly]
Nomura Asset Management Co. Ltd. lifted its stake in Xcel Energy Inc (NYSE:XEL) by 2.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 225,167 shares of the utilities provider’s stock after purchasing an additional 4,527 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Xcel Energy were worth $10,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Stephan Byrd]
Endesa (OTCMKTS: ELEZF) and Xcel Energy (NYSE:XEL) are both large-cap utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.
- [By Logan Wallace]
Xcel Energy (NYSE: XEL) and Endesa (OTCMKTS:ELEZF) are both large-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, profitability, risk, dividends, earnings and institutional ownership.
Hot Warren Buffett Stocks For 2019: Piedmont Natural Gas Company Inc.(PNY)
Advisors' Opinion:- [By Ethan Ryder]
Peony (CURRENCY:PNY) traded up 25.1% against the dollar during the 24-hour period ending at 21:00 PM E.T. on February 15th. Peony has a total market capitalization of $30,198.00 and approximately $1,658.00 worth of Peony was traded on exchanges in the last 24 hours. In the last seven days, Peony has traded down 35.1% against the dollar. One Peony coin can now be purchased for $0.0004 or 0.00000011 BTC on major exchanges including Graviex and Crex24.
- [By Logan Wallace]
Peony (CURRENCY:PNY) traded flat against the US dollar during the 24 hour period ending at 18:00 PM E.T. on March 9th. One Peony coin can now be bought for $0.0004 or 0.00000009 BTC on cryptocurrency exchanges including Graviex and Crex24. During the last week, Peony has traded flat against the US dollar. Peony has a market cap of $25,794.00 and approximately $0.00 worth of Peony was traded on exchanges in the last 24 hours.
Hot Warren Buffett Stocks For 2019: Schwab US Large-Cap ETF (SCHX)
Advisors' Opinion:- [By Shane Hupp]
Phocas Financial Corp. reduced its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 99,821 shares of the company’s stock after selling 3,040 shares during the quarter. Phocas Financial Corp.’s holdings in Schwab US Large-Cap ETF were worth $6,487,000 as of its most recent SEC filing.
- [By Stephan Byrd]
Lowe Brockenbrough & Co. Inc. raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 10.4% in the second quarter, Holdings Channel reports. The fund owned 16,970 shares of the company’s stock after acquiring an additional 1,600 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Schwab US Large-Cap ETF were worth $1,103,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Fort Pitt Capital Group LLC reduced its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 92.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 3,079 shares of the company’s stock after selling 36,465 shares during the period. Fort Pitt Capital Group LLC’s holdings in Schwab US Large-Cap ETF were worth $200,000 as of its most recent filing with the SEC.
- [By Ethan Ryder]
Milestone Group Inc. decreased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,425 shares of the company’s stock after selling 2,710 shares during the period. Schwab US Large-Cap ETF makes up 0.7% of Milestone Group Inc.’s investment portfolio, making the stock its 19th largest holding. Milestone Group Inc.’s holdings in Schwab US Large-Cap ETF were worth $4,001,000 as of its most recent filing with the Securities & Exchange Commission.
