Best Cheap Stocks To Invest In Right Now

tags:XPO,RCII,KSS,EMR,IBM,

The market has been moving higher, and at this point you want to find a strong name to invest in if you have cash on the sidelines. I published an idea on Monday morning that suggested putting that cash to work in TNA as things looked good for growth, but maybe you want to take some of that leverage off the table here and book that gain. That is fine, but you need to be long in this market.

So I set up a quick screen to find some strong stocks that are up big over the last three months. Let��s take a look at a few of the 37 stocks that hit my screen of strong performers.

I Hate Waste

When I was growing up my mother drove an idea in my head. She would tell me that ��to waste is a sin,�� so we were recycling long before it became fashionable. I had to bring home my lunch bag so we didn��t have to use a new one. When I had packed lunches in the office, I would bring home the bags that held my sandwich or chips �� extending my cheapness to new levels. At the very least I could rest easy knowing that I was not wasting.

Best Cheap Stocks To Invest In Right Now: Express-1 Expedited Solutions Inc.(XPO)

Advisors' Opinion:

• [By ]

  In the Lightning Round, Cramer was bullish on Paychex (PAYX) , Martin Marietta Materials (MLM) and XPO Logistics (XPO) .

  Cramer was bearish on 3M (MMM) , Fitbit (FIT) and Granite Construction (GVA) .

• [By ]

  But then there's the little-known trucking company JB Hunt (JBHT) , which popped 6.1% because the company saw some surprise growth that no one was expecting. That news was so strong, FedEx (FDX) and XPO Logistics (XPO) also rose 2.2% and 4.6%.

• [By Logan Wallace]

  XPO Logistics (NYSE:XPO)‘s stock had its “buy” rating reissued by research analysts at Bank of America in a research note issued on Friday. They presently have a $105.00 target price on the transportation company’s stock. Bank of America’s price objective would indicate a potential upside of 4.86% from the stock’s previous close.

• [By ]

  TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Thursday's trending stocks from the floor of the New York Stock Exchange including Macy's (M) , Amazon (AMZN) , Etsy (ETSY) , XPO Logistics (XPO) and Groupon (GRPN) . 

• [By Jeremy Bowman]

  Somebody's got to deliver all of those products that we're ordering online, and increasingly, that somebody is�XPO Logistics�(NYSE:XPO). The freight and logistics company has become the leader in last-mile delivery of heavy goods like furniture and appliances, making it a key partner of retailers like Amazon, IKEA,�Wayfair, and Home Depot.

• [By ]

  TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said XPO Logistics (XPO) is a remarkable company.

  Cramer said UPS (UPS) has labor problems and people think FedEx (FDX) is expensive. "XPO has got a lot of things that they can do," Cramer said. "They're in M&A mode."

Best Cheap Stocks To Invest In Right Now: Rent-A-Center Inc.(RCII)

Advisors' Opinion:

• [By ]

  Engaged Capital maintained large positions in Rent-A-Center (RCII) , TiVo (TIVO) , Hain Celestial (HAIN) , SunOpta and Jamba Inc. (JMBA) , all companies that have either previously been targeted by Welling or currently are in his cross-hairs.

• [By Ethan Ryder]

  Rent-A-Center (NASDAQ:RCII) gapped down before the market opened on Wednesday . The stock had previously closed at $9.36, but opened at $9.43. Rent-A-Center shares last traded at $9.54, with a volume of 375675 shares changing hands.

• [By Max Byerly]

  COPYRIGHT VIOLATION NOTICE: “Q1 2018 EPS Estimates for Rent-A-Center Increased by KeyCorp (RCII)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3350595/q1-2018-eps-estimates-for-rent-a-center-increased-by-keycorp-rcii.html.

Best Cheap Stocks To Invest In Right Now: Kohl's Corporation(KSS)

Advisors' Opinion:

• [By Jeremy Bowman]

  A lot has changed since then, however. J.C. Penney badly underperformed its own comparable sales target in the second half of 2016, as comparable sales fell instead of hitting the 3-4% mark the company had projected. Its peers continued to struggle -- Macy's�(NYSE:M),�Kohl's�(NYSE:KSS), and�Nordstrom�(NYSE:JWN) all reported declining comps in the fourth quarter, and Macy's said last year it would close 100 stores.

• [By Paul Ausick]

  Kohl��s Corp. (NYSE: KSS) reported first-quarter fiscal 2018 results before markets opened Tuesday. The department store retailer reported adjusted diluted earnings per share (EPS) of $0.64 on total revenues of $4.21 billion. In the first quarter of 2017, the company reported EPS of $0.39 on revenue of $4.01 billion. First-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.50 and $3.95 billion in revenue.

• [By Rich Duprey]

  This isn't even the first time Sears has paired itself with Amazon, agreeing last year to sell its Kenmore brand directly on the site. This put it on par with retailers like Best Buy, Calvin Klein, Chico's FAS, Kohl's (NYSE:KSS), and Nike�in seeking to ride the e-tailer's coattails to higher sales.

• [By Jim Crumly]

  As for individual stocks, shares of Kohl's Corporation (NYSE:KSS) suffered a setback after the company beat earnings expectations but sowed some concern about sales in the second half, and The TJX Companies (NYSE:TJX) bucked the retail trend, rising after reporting a strong quarter.

• [By Logan Wallace]

  Kohl’s (NYSE:KSS) had its target price increased by Morgan Stanley from $41.00 to $45.00 in a research report released on Wednesday morning. The brokerage currently has an underweight rating on the stock.

• [By Chris Lange]

  On Thursday, look for Kohl��s Corp. (NYSE: KSS) to report its fiscal fourth-quarter results. The analysts�� consensus estimates are EPS of $1.75 and revenue of $6.74 billion. Shares were changing hands at $66.47 on Friday��s close. The consensus price target is $65.35, and the stock has a 52-week range of $35.16 to $69.14.

Best Cheap Stocks To Invest In Right Now: Emerson Electric Company(EMR)

Advisors' Opinion:

• [By Logan Wallace]

  D.A. Davidson & CO. lifted its position in shares of Emerson Electric (NYSE:EMR) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 574,584 shares of the industrial products company’s stock after buying an additional 7,640 shares during the period. Emerson Electric makes up about 0.8% of D.A. Davidson & CO.’s holdings, making the stock its 25th biggest holding. D.A. Davidson & CO.’s holdings in Emerson Electric were worth $39,244,000 at the end of the most recent reporting period.

• [By Max Byerly]

  Flippin Bruce & Porter Inc. decreased its holdings in Emerson Electric (NYSE:EMR) by 33.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,251 shares of the industrial products company’s stock after selling 33,574 shares during the quarter. Flippin Bruce & Porter Inc.’s holdings in Emerson Electric were worth $4,525,000 as of its most recent filing with the Securities & Exchange Commission.

• [By Stephan Byrd]

  Wilkins Investment Counsel Inc. cut its stake in shares of Emerson Electric (NYSE:EMR) by 1.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,625 shares of the industrial products company’s stock after selling 2,015 shares during the quarter. Emerson Electric makes up approximately 2.4% of Wilkins Investment Counsel Inc.’s portfolio, making the stock its 17th biggest position. Wilkins Investment Counsel Inc.’s holdings in Emerson Electric were worth $7,624,000 at the end of the most recent reporting period.

• [By Stephan Byrd]

  Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

  Get Emerson Electric alerts: Stocks This Week: Wells Fargo, Emerson Electric and CSX (finance.yahoo.com) Emerson Electric (EMR) & Philips (PHG) Financial Review (americanbankingnews.com) Emerson Electric (EMR) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com) Is It Time To Buy Emerson Electric Co (NYSE:EMR)? (finance.yahoo.com) Emerson Electric: An Autonomous Future (seekingalpha.com)

  EMR has been the topic of a number of research reports. Zacks Investment Research raised shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Thursday, February 8th. UBS initiated coverage on shares of Emerson Electric in a research note on Monday, January 22nd. They issued a “buy” rating and a $73.26 price objective on the stock. Cowen reissued a “buy” rating and issued a $78.00 price objective on shares of Emerson Electric in a research note on Wednesday, April 18th. Stifel Nicolaus increased their price objective on shares of Emerson Electric from $79.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 3rd. Finally, Berenberg Bank raised shares of Emerson Electric from a “sell” rating to a “hold” rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 24th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Emerson Electric has a consensus rating of “Hold” and a consensus price target of $73.00.

• [By Lisa Levin]

  Analysts at Berenberg upgraded Emerson Electric Co. (NYSE: EMR) from Sell to Hold.

  Emerson Electric shares fell 0.43 percent to close at $69.90 on Monday.

Best Cheap Stocks To Invest In Right Now: International Business Machines Corporation(IBM)

Advisors' Opinion:

• [By ]

  IBM's (IBM) margin disappointment was putting pressure on shares Wednesday. While it appears to be company-specific, the fact the market is overlooking a 3-cent earnings beat from Big Blue -- and solid beats by banks like Action Alerts PLUS holding Goldman Sachs (GS) -- is a short-term bearish indicator.

• [By Benzinga News Desk]

  The border between financial institutions and fintech startups is similar to the precise nature of how prescription drugs target proteins, IBM (NYSE: IBM) Chief Technology Officer Tom Eck said Tuesday at the 2018 Benzinga Global Fintech Awards: Link

• [By ]

  So Walmart partnered with IBM's (NYSE: IBM) Hyperledger Fabric -- a blockchain system -- to track food shipments. From the start of their journey at the farm, pallets of mangoes were tagged with numeric identifiers and every time they crossed a checkpoint it was digitally recorded via blockchain.�

• [By Anders Bylund, Timothy Green, and Steve Symington]

  Anders Bylund (IBM): Big Blue is changing, and the transformation hurts. The technology giant has been shedding hardware operations in recent years in an effort to refocus on artificial intelligence, mobile software, and cloud computing.

• [By JJ Kinahan]

  After the close yesterday, “Big Blue,” otherwise known as IBM (NYSE: IBM), reported earnings per share of $2.45, beating Wall Street analysts’ consensus estimate of $2.40. Revenue of $19.1 billion beat the third-party consensus view of $18.7 billion, marking the second-straight quarter of year-over-year revenue growth after a more than five-year-stretch of revenue losses. However, a decline in gross margin led some analysts to conclude IBM's shift from legacy hardware and software businesses to cloud computing and "big data" — higher-margin businesses — is not happening fast enough. IBM shares fell over 5 percent in aftermarket trading.