![]() The result, if projections hold, will be FY2018 earnings that are roughly profits this year thanks to organizational efficiencies. However, revenue declines aren't because of poor operations but rather strategic divestitures of 30 hospitals as part of a debt-reduction strategy. Yes, revenue remains under pressure, and rhetoric out of Washington regarding cuts in Medicare are weighing heavily on this hospital operator. But in the case of Community Health Systems (NYSE: CYH ), short-term pressures shouldn't scare investors off the longer-term potential. It's admittedly dangerous to buy a cheap stock into a downtrend. That makes HLIT one of the best cheap stocks to buy now.īest Cheap Stocks to Buy Now: Community Health Systems (CYH) Source: AlabamaUSA via Wikimedia (Modified) And if predictions hold, Harmonic will post 32 cents in EPS next year - more than 5x growth!Īs American consumers increasingly use alternative media sources and those digital outlets try to meet demand with audio and video, Harmonic should see continued growth in 2017 and beyond. HLIT is scheduled to turn a profit of just 6 cents per share this year, but that's much better than previous fiscal years in the red. As podcasts and streaming video become the norm, HLIT services are increasingly in demand - particularly as the video and soundbites of an intensely partisan media environment are difficult to ignore. Harmonic Inc (NASDAQ: HLIT ) is a video and audio systems company that helps digital media companies and traditional broadcast outlets process and produce their content. Shares are up 50% year-to-date, and could continue to run much higher.īest Cheap Stocks to Buy Now: Harmonic (HLIT) Source: Shutterstock 7 Hot Stocks to Buy That Ditched the NRA.If we see a market correction or an increase in uncertainty across the summer, gold prices and KGC stock will benefit nicely.Īnd unlike a junior miner without much room for error, Kinross is a $6 billion company with much better access to credit and capital … so don't worry about it imploding because of short-term volatility in gold prices. dollar weaken recently and a bit of fear creep in after Republican economic policies have run into a Wall and as geopolitical unrest has continued. While gold prices have struggled to find traction in a risk-on environment, we have seen the U.S. Kinross Gold Corporation ( USA) (NYSE: KGC ) is a bit risky, but what cheap stock isn't an aggressive investment? After impressive first-quarter earnings that included 16% revenue growth, analysts at Stifel recently raised their price target on this gaming stock and expect it to go much higher.īest Cheap Stocks to Buy Now: Kinross Gold ( KGC) Source: Bullion Vault via Flickr (Modified) Shares of Everi have soared 200% year-to-date, but remain around $7 a share.ĮVRI continues to be one of the best cheap stocks to buy now. In 2017, hopes of a cyclical recovery backed up by strong consumer spending numbers has led to high hopes for this segment of the entertainment and leisure sector.
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