With the�SPDR S&P Biotech Index�up 38% over the trailing-12-month period, it's evident that investment dollars are willingly flowing into the biotech sector. Keeping that in mind, let's have a look at some of the rulings, studies, and companies that made waves in the sector last week.
All eyes are certainly on the annual American Society of Clinical Oncology meeting going on right now, but that didn't stop a gambit of positive and negative news from emerging in the biotech sector this week.
Omthera Pharmaceuticals (NASDAQ: OMTH ) certainly made waves for investors by announcing its agreement to be purchased by AstraZeneca�for $323 million, with $120 million in additional contingency value dependent on the success of its pipeline. Omthera's lead compound is a late-stage fish-oil capsule known as Epanova, which is being targeted at lowering triglyceride levels in patients with a high risk of developing cardiovascular disease. With obesity remaining such a big concern in the U.S., fish oil products could become a booming market in terms of heart health maintenance in the future, and AstraZeneca may have snagged itself a steal of a deal. Omthera shareholders probably aren't complaining, either, as their stock doubled this week.
Top Mid Cap Stocks To Invest In Right Now: Ur Energy Inc(URG)
Ur-Energy Inc., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, exploration, and development of uranium mineral properties. The company has 13 projects located in Wyoming and Nebraska, the United States; and 3 exploration projects located in the Northwest Territories and Nunavut, Canada. Its landholdings cover approximately 90,000 acres in the United States and approximately 140,000 acres in Canada. The company was founded in 2004 and is headquartered in Littleton, Colorado.
Advisors' Opinion:- [By John Udovich]
Small cap nuclear fuel stock USEC Inc (NYSE: USU) is up some 300% this week���meaning its worth taking a closer look at the company along with the performance potential uranium or nuclear stock peers Uranium Resources, Inc (NASDAQ: URRE), Denison Mines Corp (NYSEMKT: DNN), Ur-Energy Inc (NYSEMKT: URG) and Uranerz Energy Corp (NYSEMKT: URZ).
- [By James Brumley]
PLAB’s per share income is expected to double next year, from 2013′s profit of 30 cents per share to 60 cents per share in 2014.
Ur-Energy (URG)12/2 Price: $1.15
- [By The Energy Report]
DS: Two of our top picks are Cameco Corp. (CCJ) and Ur-Energy Inc. (URG). For Cameco, we've got a $25/share target and an outperform rating. This company is the industry's go-to, the blue chip uranium company. It's organically growing very low-cost operations, which are for the most part in very safe jurisdictions. It has a lower-risk approach to contracts, with a targeted pricing mix of about 40% fixed-pricing and 60% market-related pricing in the contract book. The company's got a solid balance sheet. We think it's going to end Q3/13 with about $800M in working capital and another $2 billion [$2B] in undrawn lines of credit. It's also diversified across the nuclear fuel chain, with exposure not only to its core uranium mining business but also with nuclear fuel services, like conversion and fuel fabrication. It's got a stake in the Bruce nuclear power plant as well as a newly bolted-on uranium trading business, so it's quite diversified. On top of that, Cameco pays a 2% dividend. We think it offers a very attractive risk/reward proposition at these levels.
Hot Prefered Companies To Watch In Right Now: YOU On Demand Holdings Inc (YOD)
YOU On Demand Holdings, Inc., incorporated on October 19, 2004, operates in the Chinese media segment through the Company�� Chinese subsidiaries and variable interest entities (VIEs) an integrated service solutions business for the delivery of video on demand (VOD) and enhanced premium content for digital cable providers, IPTV (Internet Protocol Television) providers, Over-the-Top (OTT) providers and mobile manufacturers. The Company is a multi-platform entertainment company delivering premium content, including Hollywood and China-produced movie titles, to customers across China via Subscription Video On Demand (SVOD) and Transactional Video On Demand (TVOD). The Company�� distribution partners include digital cable operators, IPTV operators, OTT operators and mobile smartphone manufacturers.
The Company provides customers the ability to view the Hollywood titles, as well as indigenous Chinese titles. The Company�� multiple platforms distribution capabilities provide viewers with access to the top selection of quality content during the earliest possible VOD windows for the viewing experience with full DVD-like control. The Company also offers free content including trailers, behind-the-scenes footage, celebrity interviews and more. The Company operates under a national government license obtained by CHC to serve as their exclusive agent in the People�� Republic of China (PRC), for operating and marketing TVOD, SVOD, Near Video on Demand (NVOD), and related Value-Added Services (VAS). Its platform and services include content and distribution agreements, governmental partnerships and approvals, infrastructure, encoding and transcoding, metadata management, marketing services and data reporting, collection and remittance.
The Company has content agreements with Warner Bros. Entertainment, Disney Media Distribution, Paramount Pictures, NBCUniversal, Miramax, Lionsgate, Magnolia Pictures, Screen Media Ventures, Gravitas Ventures, 3Net, K2 Communications and Film Buff. ! As of December 31, 2013, it had distribution agreements with several Chinese Cable television (TV) broadcast companies and IPTV providers which in total can potentially reach approximately 20 million households. In addition, the Company has distribution agreements with FutureTV (an OTT operator which is a subsidiary of China Network Television [CNTV], the official online division of Chinese national public broadcaster China Central Television [CCTV]) and Huawei (global information and communications technology solutions provider and the third largest global smartphone manufacture).
The Company competes with Youku, Tencent and Sohu.
Advisors' Opinion:- [By Bryan Murphy]
It's not the kind of stock you'd want to get married to here, but you might want to date You On Demand Holdings, Inc. (NASDAQ:YOD) for the next few days. Shares of YOD broke above a major resistance line on Friday, and put some distance between themselves and that line today. It's a clue that the bulls have overpowered the bears, and now that the ball is rolling, it should keep rolling for a while.
- [By Bryan Murphy]
It's fun to be right, but that doesn't mean it's not also frustrating. With that being said, if you happened to get into You On Demand Holdings, Inc. (NASDAQ:YOD) on Tuesday based on my advice, let's go ahead and take your 30% profit - give or take - by selling YOD at the market.
Hot Prefered Companies To Watch In Right Now: Solta Medical Inc(SLTM)
Solta Medical, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of energy-based medical device systems for aesthetic applications primarily in North America, the Asia Pacific, Europe, and the Middle East. It offers Fraxel re:pair system for use in dermatological procedures requiring ablation, coagulation, and resurfacing of soft tissue, as well as for rhytides, pigmentation, dyschromia, fine lines, acne, surgical scars, deeper lines, wrinkles, and actinic keratoses; and Clear + Brilliant system for patients who want to take control of their aging process. The company also provides Thermage CPT system that provides non-invasive treatment options for skin tightening; Liposonix system to destroy unwanted fat cells resulting in waist circumference reduction; Isolaz system for the treatment of inflammatory acne, comedonal acne, and mild to moderate inflammatory acne; and the CLARO device, a consumer handheld device for the tre atment of mild-to-moderate inflammatory acne, including pustular acne. Its customers principally include dermatologists, plastic surgeons, general and family practitioners, gynecologists, and ophthalmologists. The company sells its products primarily through a direct sales force, as well as through independent distributors; and CLARO device through retail and associated retailer?s Websites, and television retail networks, as well as through its own website in the United States. The company was formerly known as Thermage, Inc. and changed its name to Solta Medical, Inc. in January 2009. Solta Medical, Inc. was incorporated in 1996 and is headquartered in Hayward, California.
Advisors' Opinion:- [By Lauren Pollock]
Solta Medical Inc.(SLTM) unveiled restructuring plans to improve its financial performance and has hired an adviser to help evaluate strategic alternatives, including a possible sale or merger of the medical aesthetics device maker. Investors cheered the news, sending shares up 7.7% to $1.97 premarket.
- [By Tess Stynes]
Among the companies with shares expected to actively trade in Monday’s session are Sprint Corp.(S), American International Group Inc.(AIG)�and Solta Medical Inc.(SLTM)
Hot Prefered Companies To Watch In Right Now: UIL Holdings Corp (UIL)
UIL Holdings Corporation, incorporated on March 22, 1999, is engaged in the ownership of its operating regulated utility businesses. The utility businesses consist of the electric distribution and transmission operations of The United Illuminating Company (UI) and the natural gas transportation, distribution and sales operations of The Southern Connecticut Gas Company (SCG), Connecticut Natural Gas Corporation (CNG), and The Berkshire Gas Company (Berkshire, and together with SCG and CNG, the Gas Companies). The Company operates in Electric Distribution, Electric Transmission and Gas Distribution segments.
UI is an electric distribution and transmission utility. UI is also a party to a joint venture with certain affiliates of NRG Energy, Inc. (NRG affiliates) pursuant to which UI holds 50% of interests in GCE Holding LLC, whose wholly owned subsidiary, GenConn Energy LLC operates generation plants in Devon, Connecticut (GenConn Devon) and Middletown, Connecticut (GenConn Middletown).
Advisors' Opinion:- [By Jake L'Ecuyer]
Utilities sector was the only decliner in the US market today. Top losers in the sector included UIL Holdings (NYSE: UIL), off 2.1 percent, and Crosstex Energy (NASDAQ: XTXI), down 2.2 percent.
- [By Jake L'Ecuyer]
Utilities sector was the only decliner in the US market today. Top losers in the sector included UIL Holdings (NYSE: UIL), off 2.1 percent, and Crosstex Energy (NASDAQ: XTXI), down 2.2 percent.
Hot Prefered Companies To Watch In Right Now: Old Dominion Freight Line Inc. (ODFL)
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier primarily in the United States. The company provides regional, inter-regional, and national LTL services. It also offers a range of logistics services, including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery, and warehousing services. In addition, the company provides door-to-door international freight services to and from North America, Central America, South America, and the Far East. As of December 31, 2010, it owned a fleet of 5,718 tractors and 20,986 trailers, as well as operated 213 service centers. The company was founded in 1934 and is based in Thomasville, North Carolina.
Advisors' Opinion:- [By Rich Smith]
Consider: According to YRC, the $150.9 million it currently pays in annual interest exceeds the $92.6 million in interest obligations paid by "all [of its] competitors combined." Con-Way (NYSE: CNW ) , for example, sports a debt load about half of YRC's, yet pays only about one-third �as much in interest on that debt. Old Dominion Freight (NASDAQ: ODFL ) has 12% the debt �of YRC, but only 7% of the interest expense.
- [By Ben Levisohn]
Wunderlich’s Nicholas Bender thinks FedEx’s results bode well for Old Dominion (ODFL), Con-way (CNW) and Saia (SAIA):
We expect all less-than-truckload carriers to benefit in 2Q14 from the same trends that carried FedEx Freight to a banner 4Q14. This includes Hold-rated Old Dominion, which will continue to grow at well above market rates, and Buy-rated Con-way, which we believe can leverage a strong 2Q14 to prime the pump on margin enhancement efforts. Our favorite name in the space remains Saia (SAIA-$42.92, Buy), which will once again see accelerating tonnage growth in 2Q14. Though tonnage growth will moderate in� 2H14 due to steeper comps, there remains considerable potential for the company to boost yield and continue winning incremental business with new accounts.
- [By Ben Levisohn]
Shares of Heartland Express have gained 50% this year, trumping the 38% rise in Con-Way (CNW) and the 29% advance in J.B. Hunt Transport Services (JBHT) but lagging Old Dominion Freight Lines (ODFL) and Swift Transportation (SWFT).
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