August 28, 2018: The S&P 500 closed flat at 2,897.71. The DJIA closed flat at 26,067.27. Separately, the Nasdaq was also flat at 8,030.04.
Tuesday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs in the session. The DJIA again hit its highest level since early February. Crude oil backed off slightly. The S&P 500 sectors were mostly negative. The most positive sectors were real estate and consumer discretionary up 1.1% and 0.2%, respectively. The worst performing sectors were materials and energy down 0.5% and 0.4%, respectively.
Crude oil was last seen trading down 0.3% at $68.64.
Gold was last seen trading down 0.7% at $1,207.00.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Best Buy Co., Inc. (NYSE: BBY) which fell about 5% to $77.39. The stock's 52-week range is $51.61 to $84.37. Volume was about 4 million compared to the daily average volume of 3 million.
Best Performing Stocks To Invest In Right Now: Wendy's/Arby's Group Inc.(WEN)
Advisors' Opinion:- [By Logan Wallace]
BTIG Research started coverage on shares of Wendys (NASDAQ:WEN) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $20.00 price objective on the restaurant operator’s stock.
- [By Stephan Byrd]
Wentworth Resources (LON:WEN)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research report issued to clients and investors on Thursday.
- [By Daniel Sparks]
But what companies are paying out meaningful, growing dividends that are likely to keep seeing growth in the coming years? Two stocks that fit these characteristics are Home Depot (NYSE:HD) and Wendy's (NASDAQ:WEN), both of which announced significant increases to their dividends in February.
Best Performing Stocks To Invest In Right Now: Xcerra Corporation(XCRA)
Advisors' Opinion:- [By Max Byerly]
Element Capital Management LLC acquired a new stake in LTX-Credence Co. common stock (NASDAQ:XCRA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,132 shares of the semiconductor company’s stock, valued at approximately $141,000.
- [By Max Byerly]
LTX-Credence Co. common stock (NASDAQ:XCRA) – Analysts at B. Riley increased their FY2018 earnings per share estimates for LTX-Credence Co. common stock in a research note issued on Tuesday, May 29th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings of $1.03 per share for the year, up from their prior estimate of $0.99. B. Riley has a “Neutral” rating and a $14.00 price objective on the stock. B. Riley also issued estimates for LTX-Credence Co. common stock’s Q4 2018 earnings at $0.27 EPS, Q1 2019 earnings at $0.27 EPS, Q2 2019 earnings at $0.23 EPS, Q3 2019 earnings at $0.28 EPS, Q4 2019 earnings at $0.32 EPS, FY2019 earnings at $1.09 EPS and FY2020 earnings at $1.30 EPS.
- [By Max Byerly]
Shares of LTX-Credence Co. common stock (NASDAQ:XCRA) have been assigned a consensus rating of “Hold” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $14.00.
Best Performing Stocks To Invest In Right Now: Guidewire Software, Inc.(GWRE)
Advisors' Opinion:- [By Ethan Ryder]
Guidewire Software (NYSE:GWRE) is scheduled to be announcing its earnings results after the market closes on Wednesday, September 5th. Analysts expect the company to announce earnings of $0.54 per share for the quarter.
- [By Logan Wallace]
Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 14,033 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $92.21, for a total transaction of $1,293,982.93. Following the transaction, the chief executive officer now owns 15,354 shares of the company’s stock, valued at $1,415,792.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Guidewire Software (GWRE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Verition Fund Management LLC bought a new position in shares of Guidewire Software Inc (NYSE:GWRE) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,731 shares of the technology company’s stock, valued at approximately $221,000.
- [By Stephan Byrd]
TRADEMARK VIOLATION NOTICE: “Insider Selling: Guidewire Software (GWRE) Insider Sells 209 Shares of Stock” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.tickerreport.com/banking-finance/3365485/insider-selling-guidewire-software-gwre-insider-sells-209-shares-of-stock.html.
- [By Ethan Ryder]
Shares of Guidewire Software Inc (NYSE:GWRE) reached a new 52-week high and low during trading on Tuesday . The company traded as low as $96.19 and last traded at $94.10, with a volume of 46042 shares trading hands. The stock had previously closed at $95.82.
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