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Scores, if not hundreds, of fast-growing companies have yet to launch shares on global exchanges. Once these private companies achieve valuations of $1 billion, they are known as Unicorns. We estimate that there are currently more than 250 Unicorns valued collectively at just under $1 trillion. Undoubtedly, the most successful Unicorn in recent years has been Facebook (FB), with a current market cap of $380 billion. Anaplan, which went public last quarter, opened 43% above its indicated price and is worth $3 billion. But they don't all mint day-trader millionaires. SNAP shares are down almost 75% from the highs reached on the opening day of their IPO last year. And Blue Apron? APRN shares are down more than 90%. Several Unicorns have announced plans to go public in 1H19, despite challenging conditions. These include ride-sharing companies Uber, which could be valued at $120 billion; and Lyft, which was most recently valued at $15 billion. In addition, social network Pinterest, which has been valued at $12 billion, is reportedly considering an IPO in April. ... down more than 90%. Several Unicorns have announced plans to go public in 1H19, despite challenging conditions. These include ride-sharing companies Uber, which could be valued at $120 billion; and Lyft, which was most recently valued at $15 billion. In addition, social network Pinterest, which has been valued at $12 billion, is reportedly considering an IPO in April. more
In this series of podcasts, Argus President John Eade details 10 Argus Investment Themes for 2019. ... more
Argus in the News 1/18/2019
Stephen Biggar discusses Amex with Bloomberg Business News BNNBloomberg.com
Argus in the News 1/15/2019
Stephen Biggar on Citigroup earnings CNBC.com
Argus in the News 1/9/2019
Argus Chief Investment Strategist Peter Canelo discusses his 2019 outlook with Reuters’ Fred Katayama ThomsonReuters.com
Conference Call - Argus Investment Strategy: The Year Ahead 1/9/2019
Conference call slides
Argus in the News 1/3/2019
Argus Top 2019 Picks Featured in Forbes Forbes.com
Argus in the News 12/30/2018
Argus President John Eade talks about his top Transport picks on CNBC’s Power Lunch CNBC.com
Argus in the News 12/28/2018
Jim Kelleher Discusses Market Volatility Bloomberg.com
Argus in the News 12/27/2018
David Toung joins CNBC’s “Closing Bell” to discuss health care stocks CNBC.com
Argus Updates Sponsored Research Coverage 12/14/2018 Ashford, Inc. (NYSE: AINC)
Argus Initiates Sponsored Research Coverage 12/14/2018 Dogness Int’l (NGM: DOGZ)
Conference Call - Argus Analysts’ Top Picks for 2019 12/6/2018
Argus in the News 11/21/2018
Stephen Biggar discusses "How to Choose an ETF" with U.S. News & World Report USNews.com
Conference Call - Outlook for the Holiday Season 11/7/2018
Argus in the News 10/29/2018
John Eade discusses defense stocks TheStreet.com
Argus in the News 10/24/2018]
John Eade discusses Industrial earnings with Becky Quick of CNBC CNBC.com
John Staszak discusses McDonald’s (MCD) with Morning Trade Live TDAmeritradeNetwork.com
Argus in the News 10/15/2018
David Toung discusses Pharmaceutical Stocks with Morning Trade Live TDAmeritradeNetwork.com
Argus in the News 10/8/2018
Argus President John Eade discusses the outlook for the Transport sector CNBC.com
Conference Call - The Communication Services Sector 10/3/2018
Each year, we survey our analysts to find out their best ideas for the upcoming 12 months. more
Last year’s portfolio of 22 stocks outperformed the market over the survey period, with an average decline of 3.2% compared to the market’s drop of 3.9%. The survey featured winners from a wide variety of industries and included companies such as Praxair Inc., Lowes Cos., Kroger Co., ConocoPhillips, Humana Inc., Ecolab Inc., American Tower Corp., ServiceNow Inc., Visa Inc. and Eversource Energy. Our analysts have now each submitted ideas for 2019. The list is diversified, and includes large-cap and mid-cap ideas, growth stocks and value picks and, momentum and contrarian options. It is available under the Portfolio Strategy/Theme Portfolios tab on our website.
Last year’s portfolio of 22 stocks outperformed the market over the survey period, with an average decline of 3.2% compared to the market’s drop of 3.9%. The survey featured winners from a wide variety of industries and included companies such as Praxair Inc., Lowes Cos., Kroger Co., ConocoPhillips, Humana Inc., Ecolab Inc., American Tower Corp., ServiceNow Inc., Visa Inc. and Eversource Energy. Our analysts have now each submitted ideas for 2019. The list is diversified, and includes large-cap and mid-cap ideas, growth stocks and value picks and, momentum and contrarian options.
It is available under the Portfolio Strategy/Theme Portfolios tab on our website.
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Stocks spiked higher on Friday afternoon after the Wall Street Journal reported that Treasury Secretary Steven Mnuchin had discussed lifting tariffs on Chinese imports. ... more
At present, the S&P 500 is up 1.02%, the DJIA is up 0.89%, and the NASDAQ is up 0.93%.
Industries doing well today include Energy Equipment & Services, Textiles, Apparel & Luxury Goods, and Road & Rail. Industries showing weakness include Independent Power and Renewable Electricity Producers, Distributors, and Entertainment. The VIX is down 0.65 to 17.41 after the previous close of 18.06. The most heavily traded options this morning are for the S&P 500 SPDR ETF (SPY), with 14,075 Feb 15 250 puts on the board. The total put/call ratio as of 11:30 AM was 0.80 (608,663/765,386). The advancers/decliners ratio for NYSE stocks is 2,080/798 while the advancers/decliners ratio for NASDAQ stocks is 2,035/938. less
Investors went into the New Year hopeful that the panicked selling into Christmas Eve represented the bottom of the current bear phase. After several positive sessions to end 2018 and start the new year, a revenue warning from Apple and a weak ISM manufacturing survey sent stocks crashing lower on 1/3/19. Then a huge jobs number came along on 1/4/19 to send stocks soaring. ...more