Best Value Stocks To Watch For 2019

tags:IAE,VIAB,AVT,JCE,

ICICI Direct's research report on Linc Pen and Plastics

Linc Pen & Plastics (Linc) posted a muted Q4FY18 performance, primarily tracking headwinds in export markets coupled with a slower-than-expected rebound in domestic segment. On the margin front, Linc witnessed compression due to increase in crude price as crude derivatives form ~40% of raw material costs (~65% of sales) Net sales for the quarter came in at Rs 103.4 crore, down 1.5% EBITDA in Q4FY18 was at Rs 8.5 crore with corresponding EBITDA margins at 8.2%, down 130 bps YoY. PAT in Q4FY18 was at Rs 3.1 crore vs. Rs 5.6 crore in Q4FY17. PAT growth lagged the topline and EBITDA growth primarily tracking increased incidence of depreciation and interest on account of commissioning of new plant.

Outlook
We build in 160 bps improvement in EBITDA margins in FY18-20E. We value Linc at Rs 325 i.e. 1.2x market cap/sales on FY20E numbers and assign a HOLD rating to the stock. Linc is a prominent writing instrument player domestically with good brand recall and a trusted name in the marketplace.

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Best Value Stocks To Watch For 2019: Voya Asia Pacific High Dividend Equity Income Fund(IAE)

Advisors' Opinion:

• [By Shane Hupp]

  Voya Asia Pacific High (NYSE:IAE)’s share price reached a new 52-week high and low during trading on Tuesday . The stock traded as low as $10.04 and last traded at $10.18, with a volume of 200 shares traded. The stock had previously closed at $10.18.

• [By Max Byerly]

  Voya Asia Pacific High Divid Eqt Incm Fd (NYSE:IAE) reached a new 52-week low during trading on Wednesday . The stock traded as low as $8.89 and last traded at $8.90, with a volume of 100 shares traded. The stock had previously closed at $9.05.

Best Value Stocks To Watch For 2019: (VIAB)

Advisors' Opinion:

• [By Motley Fool Staff]

  Unless you're a bit of a media company wonk, you're probably far less familiar with Viacom (NASDAQ:VIA) (NASDAQ:VIAB) than you are with the properties it owns: Nickelodeon, MTV, Comedy Central, BET, and Paramount Pictures, to name a few. It's a portfolio with a lot of potential, though it's been awhile since that translated into great overall results. When the company reported earnings Tuesday, the numbers were mixed. Still, investors bid up its stock, and MarketFoolery host Chris Hill and senior analyst Emily Flippen have some opinions about why.

• [By Chris Hill]

  The internet giant formerly known as Google just keeps plowing ahead, with growth on a host of fronts. But despite its beating fourth-quarter expectations on profits and revenues, its share price dipped a few percentage points Tuesday. Media B-lister Viacom (NASDAQ:VIA) (NASDAQ:VIAB), by contrast, reported mixed numbers, but got a share price pop.

• [By Chris Lange]

  The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Viacom, Inc. (NASDAQ: VIAB) which traded down roughly 7% at $31.29. The stock's 52-week range is $22.13 to $46.72. Volume was over 8 million, compared with the daily average of 5.9 million shares.

Best Value Stocks To Watch For 2019: Avnet, Inc.(AVT)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on Avnet (AVT)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Avnet (AVT)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Logan Wallace]

  Aventus (CURRENCY:AVT) traded up 2.5% against the dollar during the 1-day period ending at 7:00 AM ET on June 25th. In the last week, Aventus has traded up 13.1% against the dollar. Aventus has a market capitalization of $4.69 million and approximately $39,126.00 worth of Aventus was traded on exchanges in the last day. One Aventus token can now be bought for $0.78 or 0.00012641 BTC on popular exchanges including HitBTC, Mercatox, Gatecoin and OKEx.

• [By Joseph Griffin]

  Robeco Institutional Asset Management B.V. raised its holdings in Avnet (NYSE:AVT) by 36.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,627 shares of the technology company’s stock after purchasing an additional 17,261 shares during the period. Robeco Institutional Asset Management B.V. owned 0.05% of Avnet worth $2,772,000 at the end of the most recent reporting period.

Best Value Stocks To Watch For 2019: Nuveen Core Equity Alpha Fund(JCE)

Advisors' Opinion:

• [By Max Byerly]

  Shaker Financial Services LLC lessened its holdings in shares of Nuveen Core Equity Alpha (NYSE:JCE) by 70.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 46,154 shares of the company’s stock after selling 112,257 shares during the period. Shaker Financial Services LLC’s holdings in Nuveen Core Equity Alpha were worth $674,000 at the end of the most recent reporting period.

• [By Ethan Ryder]

  Nuveen Core Equity Alpha Fund (NYSE:JCE) announced a quarterly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 15th will be paid a dividend of 0.2775 per share on Monday, July 2nd. This represents a $1.11 dividend on an annualized basis and a yield of 7.36%. The ex-dividend date of this dividend is Thursday, June 14th.