On Monday, our Under the Radar Movers�newsletter suggested that small cap aluminum products and solutions stock�Constellium NV (NYSE: CSTM) is looking like a short-term long bullish trade:
��As for Constellium, to fully appreciate what's going on here you have to zoom out to a weekly chart. After a miserable 2015, we started to see higher lows and now higher highs, with today's move above the 200-day moving average line being a real milestone.
Although this is a short-term trade, don't be surprised if we end up keeping it for a long while There's a ton of room to recover here, and with CSTM valued at a forward-looking P/E of 6.75, there's not going to be a valuation problem anytime soon.��
Shares ended yesterday up�16.23% for the day apparently on news that privately-held�aluminum producer Aleris�would be purchased by�Zhongwang�USA�for $2.33 billion -�a subsidiary of China based�Zhongwang International.
best stock news: Cott Corporation(COT)
Advisors' Opinion:- [By Dan Moskowitz]
Cott (NYSE: COT ) produces and sells over 200 different types of beverages in over 50 countries, and it implements a highly effective strategy. Cott is what is known as a Fast Follower, which makes it unique to other beverage companies.�
best stock news: DigitalGlobe, Inc(DGI)
Advisors' Opinion:- [By Scott Rubin]
Stock gainers included DigitalGlobe (NYSE: DGI), which jumped almost 17 percent on a strong earnings report, and B&G Foods, Inc.(NYSE: BGS) which added 13 percent after its Q2 report. Shares of Western Digital (NASDAQ: WDC) lost more than 11 percent after its quarterly earnings results disappointed Wall Street.
best stock news: Codexis, Inc.(CDXS)
Advisors' Opinion:- [By Jim Robertson]
On Tuesday, our Under the Radar Movers�newsletter suggested taking a long/bullish position in small cap biocatalysts developer Codexis, Inc (NASDAQ: CDXS):
best stock news: L.B. Foster Company(FSTR)
Advisors' Opinion:- [By Lee Jackson]
Hitting�our 24/7 Wall St. screens for the second week running was L.B. Foster Co. (NASDAQ: FSTR). Another 10% owner that�serves as a director scooped up�shares this past week: Legion Partners bought 35,211 shares of the stock at prices that ranged from $11.83 to $12.00. The total for the buy was posted at $400,000.
- [By Lisa Levin]
On Friday, basic materials shares gained by 2.57 percent. Top gainers in the sector included Huntsman Corporation (NYSE: HUN) and L.B. Foster Co (NASDAQ: FSTR).
best stock news: CVR Refining, LP(CVRR)
Advisors' Opinion:- [By Lisa Levin]
Shares of CVR Refining LP (NYSE: CVRR) were down 11 percent to $10.00. Velocity Midstream Partners and CVR Refining disclosed the execution of agreements related to the construction of a crude oil pipeline from the SCOOP play in Central Oklahoma to CVR's Wynnewood refinery.
- [By Tyler Crowe]
For refiners, though, that spread in price led to very lucrative refining margins. As that spread has narrowed, so too has margins for refiners.
Refining Margins Q4 2012� Q2 2013 Valero (NYSE: VLO ) $12.27 $9.26 Phillips 66 (NYSE: PSX ) � $13.67 $9.88 HollyFrontier (NYSE: HFC ) $24.00 $20.28 CVR Refining (NYSE: CVRR ) $28.08 $20.30Source: Company Earnings releases
- [By Robert Rapier]
CVR Partners’ fertilizer plant is located in Coffeyville, Kansas, adjacent to the refinery owned by CVR Refining (NYSE: CVRR). CVR Energy (NYSE: CVI), majority-owned by Carl Icahn via Icahn Enterprises (NYSE: IEP), is the general partner and owns most of the units for both CVR Partners and CVR Refining.
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