Top 5 Warren Buffett Stocks To Invest In Right Now

tags:wh,CPE,CII,PNFP,KLXI,

Susquehanna’s Pablo Zuanic and team note that Keurig’s business in K-cups has been slowing ever since it was bought by JAB, a problem that could be solved in a very convoluted way by a Mondelez International (MDLZ)-Kraft Heinz (KHC) merger. They explain:

Getty Images

Keurig��s plight (actually, JAB��s) is worsening, with the K-cup market slowing to almost no growth now, and Keurig continuing to lose own brands�� share. Starbucks (SBUX) echoed the notion of a K-cup market slowdown at its seminar on Wednesday (and is guiding for its [consumer packaged goods, or CPG,] growth below recent trends), but it expects to increase its share of total CPG coffee to 20% from 15%. Come early February it will be a year since the closing of the Keurig deal for JAB Holdings. The pressure on JAB is more significant if we take into account the high leverage of the deal (JAB contributed one fourth of the $12Bn price tag). It is a tough predicament. On the one hand we argue that to make that deal work, they need to buy more (��own��) brands either from the retail channel (that can be extended to CPG: Dunkin (DNKN)? Panera (PNRA)?), or outright buy CPG brands (like the entire Kraft Heinz portfolio, and or Tata Group��s Eight O��Clock brand). But can/how do they fund these deals? Maybe Mars and Warren Buffett (Mars is involved in office coffee with Starbucks), private equity, and or 3G can help? While this note is not about Positive-rated Mondelez, we have mentioned before a scenario where Kraft Heinz buys Mondelez and partly funds the deal by selling its own CPG coffee business (~$3Bn we say) to JAB as well as divests the Mondelez ��20% plus�� stakes in Keurig (North America) and Jacobs Douwe Egberts (Western Europe), which together at this stage are worth ~$7-8Bn. But, yes, JAB will need deep-pocket partners and generous lenders. Net, JAB needs to do something soon.

Top 5 Warren Buffett Stocks To Invest In Right Now: Smith(wh)

Advisors' Opinion:

• [By Stephan Byrd]

  Wyndham Hotels & Resorts (NYSE: WH) and Las Vegas Sands (NYSE:LVS) are both consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership.

• [By Stephan Byrd]

  Wyndham Hotels & Resorts (NYSE:WH) declared a dividend on Monday, May 21st, Fidelity reports. Stockholders of record on Friday, June 15th will be given a dividend of 0.25 per share on Friday, June 29th. The ex-dividend date is Thursday, June 14th.

Top 5 Warren Buffett Stocks To Invest In Right Now: Callon Petroleum Company(CPE)

Advisors' Opinion:

• [By Stephan Byrd]

  ValuEngine upgraded shares of Callon Petroleum (NYSE:CPE) from a hold rating to a buy rating in a research note published on Wednesday morning.

  A number of other equities analysts have also commented on the stock. TheStreet raised shares of Callon Petroleum from a c+ rating to a b- rating in a research report on Wednesday, April 4th. Zacks Investment Research lowered shares of Callon Petroleum from a hold rating to a sell rating in a research report on Monday, February 5th. Jefferies Group reissued a buy rating and issued a $17.00 price target on shares of Callon Petroleum in a research report on Tuesday, January 30th. Mizuho set a $15.00 price target on shares of Callon Petroleum and gave the company a buy rating in a research report on Tuesday, January 16th. Finally, SunTrust Banks reissued a buy rating and issued a $16.00 price target on shares of Callon Petroleum in a research report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $16.42.

• [By Lee Jackson]

  This is one of the small cap stocks that the Jefferies team feels comfortable about currently. Callon Petroleum Company (NYSE: CPE) is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. The Company focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin.

• [By Joseph Griffin]

  Here are some of the media headlines that may have effected Accern’s analysis:

  Get Callon Petroleum alerts: Callon Petroleum (CPE) Expected to Post Earnings of $0.22 Per Share (americanbankingnews.com) Callon Petroleum (CPE) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com) Basic Materials Stock Recap: Callon Petroleum Company (CPE) (stockdigest.info) Head-To-Head Analysis: Callon Petroleum (CPE) vs. CNOOC (CEO) (americanbankingnews.com) Callon Petroleum (CPE) Short Interest Update (americanbankingnews.com)

  CPE has been the subject of a number of recent research reports. ValuEngine lowered Callon Petroleum from a “hold” rating to a “sell” rating in a report on Wednesday, March 7th. B. Riley set a $12.00 target price on Callon Petroleum and gave the company a “hold” rating in a report on Friday, March 9th. Piper Jaffray Companies reiterated a “buy” rating and issued a $16.00 target price on shares of Callon Petroleum in a report on Thursday, March 15th. Jefferies Financial Group set a $18.00 target price on Callon Petroleum and gave the company a “buy” rating in a report on Wednesday, March 14th. Finally, Stifel Nicolaus set a $20.00 target price on Callon Petroleum and gave the company a “buy” rating in a report on Wednesday, March 28th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $15.88.

• [By Shane Hupp]

  Shares of Callon Petroleum (NYSE:CPE) traded down 5% during mid-day trading on Thursday . The stock traded as low as $12.47 and last traded at $12.48. 6,420,719 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 4,431,217 shares. The stock had previously closed at $13.14.

Top 5 Warren Buffett Stocks To Invest In Right Now: Blackrock Capital and Income Strategies Fund Inc(CII)

Advisors' Opinion:

• [By Stephan Byrd]

  News headlines about BlackRock Enhanced Capital and Income Fd (NYSE:CII) have trended positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock Enhanced Capital and Income Fd earned a news sentiment score of 0.31 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 47.3179811195894 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Top 5 Warren Buffett Stocks To Invest In Right Now: Pinnacle Financial Partners, Inc.(PNFP)

Advisors' Opinion:

• [By Ethan Ryder]

  Penn Capital Management Co. Inc. raised its holdings in shares of Pinnacle Financial Partners (NASDAQ:PNFP) by 22.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,475 shares of the financial services provider’s stock after purchasing an additional 7,651 shares during the quarter. Penn Capital Management Co. Inc. owned 0.05% of Pinnacle Financial Partners worth $2,768,000 at the end of the most recent quarter.

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Pinnacle Financial Partners (PNFP)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  Pinnacle Financial Partners (NASDAQ:PNFP) has been given a consensus recommendation of “Buy” by the fourteen research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $76.25.

Top 5 Warren Buffett Stocks To Invest In Right Now: KLX Inc.(KLXI)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on KLX (KLXI)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Millennium Management LLC lifted its holdings in KLX Inc (NASDAQ:KLXI) by 537.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,809,642 shares of the aerospace company’s stock after purchasing an additional 1,525,961 shares during the period. Millennium Management LLC’s holdings in KLX were worth $128,593,000 at the end of the most recent reporting period.

• [By Max Byerly]

  BidaskClub downgraded shares of KLX (NASDAQ:KLXI) from a buy rating to a hold rating in a report released on Tuesday morning.

  KLXI has been the subject of several other reports. SunTrust Banks cut shares of KLX from a buy rating to a hold rating and set a $53.00 target price for the company. in a report on Wednesday, May 2nd. Zacks Investment Research cut shares of KLX from a buy rating to a hold rating in a report on Saturday, February 17th. TheStreet cut shares of KLX from a b rating to a c+ rating in a report on Tuesday, March 6th. Finally, Jefferies Group upgraded shares of KLX from a hold rating to a buy rating in a report on Wednesday, March 7th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $66.50.

• [By Lou Whiteman]

  Wesco Aircraft (NYSE:WAIR) has found it difficult to compete against archrival KLX (NASDAQ:KLXI) in recent years, suspending guidance last year and then�reporting an unexpected full-fiscal-year loss. Wesco has been mounting a comeback lately, but the company's challenges are set to intensify after Boeing (NYSE:BA) announced plans to buy KLX for $4.25 billion.

Hot Growth Stocks For 2019

tags:JWN,MED,ISRG,BWLD,

Equities research analysts expect that Dynavax Technologies Co. (NASDAQ:DVAX) will announce sales of $1.66 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Dynavax Technologies’ earnings, with the lowest sales estimate coming in at $1.00 million and the highest estimate coming in at $2.31 million. Dynavax Technologies posted sales of $110,000.00 in the same quarter last year, which suggests a positive year-over-year growth rate of 1,409.1%. The firm is scheduled to report its next earnings results on Wednesday, August 1st.

According to Zacks, analysts expect that Dynavax Technologies will report full-year sales of $13.28 million for the current financial year, with estimates ranging from $7.87 million to $18.68 million. For the next fiscal year, analysts expect that the firm will post sales of $101.86 million per share, with estimates ranging from $88.31 million to $115.41 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Dynavax Technologies.

Hot Growth Stocks For 2019: Nordstrom Inc.(JWN)

Advisors' Opinion:

• [By Chris Lange]

  Nordstrom Inc. (NYSE: JWN) shares pulled back on Tuesday after the department store chain announced its sales projections for the next five years. Ultimately its targets were not up to par with what Wall Street had in mind.

• [By ]

  Some reasons for my bearishness on retail stocks:

  Higher Energy Prices. Oil prices have rallied dramatically and back to 2014 levels, rising from about $35 a barrel in early 2016 to around $67 Thursday. That's bad news for U.S. retailers, as rising oil prices historically squeeze consumer disposable incomes. That's one reason why I've been consistently raising my short exposure to retail and plan to continue doing so. Shaky Same-Store Sales Growth. Recent improvements to same-store sales at Abercrombie & Fitch (ANF) , Urban Outfitters (URBN) , Dillard's (DDS) , Gap Inc. (GPS) and Macy's (M) come against downgraded expectations, and might not be sustainable anyway. No Deal for Nordstrom (JWN) . The Nordstrom family has apparently abandoned plans to take its namesake company private. I had expressed concerns that this would happen. Higher Interest Rates. A rise in the London Inter-Bank Offered Rate (LIBOR) has recently accelerated. That's bad news for retailers, as many variable-rate consumer debts (particularly mortgages) key off of the LIBOR. This will likely put a damper on mortgage refinancings -- something that many see as an important ingredient for personal-consumption expenditures.

• [By Benzinga News Desk]

  Dan Loeb is looking to play in the emerging financial technology space. The hedge fund manager behind Third Point is looking to raise $400 million for Far Point Acquisition Corp., a so-called “blank check” acquisition company, he revealed in a regulatory filing: Link

  ECONOMIC DATA The flash Composite Purchasing Managers' Index for May will be released at 9:45 a.m. ET. New home sales report for April is schedule for release at 10:00 a.m. ET. The Energy Information Administration’s weekly report on petroleum inventories in the U.S. will be released at 10:30 a.m. ET. The Treasury is set to auction 5-year notes at 1:00 p.m. ET. The Federal Open Market Committee will issue minutes of its meeting at 2:00 p.m. ET. Minneapolis Federal Reserve President Neel Kashkari is set to speak at 2:15 p.m. ET. ANALYST RATINGS Deutsche Bank upgrades Nordstrom (NYSE: JWN) to Buy from Hold; Raises Price Target to $55 from $52 Bernstein upgrades Celgene (NASDAQ: CELG) to Outperform Longbow Research downgrades Shake Shack (NYSE: SHAK) to Neutral Stifel downgrades Red Robin Gourmet Burgers (NASDAQ: RRGB) to Hold, Lowers Price Target to $55

  This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

• [By Jim Crumly]

  As for individual stocks, PepsiCo (NASDAQ:PEP) popped on strong earnings and Nordstrom (NYSE:JWN) fell after its investor day didn't generate enthusiasm for its future.

Hot Growth Stocks For 2019: MEDIFAST INC(MED)

Advisors' Opinion:

• [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
• [By Lisa Levin]

  Medifast, Inc. (NYSE: MED) shares were also up, gaining 25 percent to $124.60 after the company reported strong Q1 results and raised its FY18 guidance.

• [By Joseph Griffin]

  MediBloc (CURRENCY:MED) traded 6.8% lower against the dollar during the 1-day period ending at 15:00 PM Eastern on May 27th. MediBloc has a total market cap of $73.40 million and $743,880.00 worth of MediBloc was traded on exchanges in the last 24 hours. One MediBloc token can currently be purchased for approximately $0.0247 or 0.00000339 BTC on major cryptocurrency exchanges including Bibox, Gate.io and Coinrail. During the last seven days, MediBloc has traded 8.3% higher against the dollar.

• [By Ethan Ryder]

  MediBloc (CURRENCY:MED) traded 3.9% lower against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on June 13th. One MediBloc token can now be purchased for $0.0083 or 0.00000131 BTC on major cryptocurrency exchanges including Coinrail, Gate.io and Bibox. During the last seven days, MediBloc has traded 36.5% lower against the U.S. dollar. MediBloc has a total market cap of $24.58 million and $216,935.00 worth of MediBloc was traded on exchanges in the last day.

Hot Growth Stocks For 2019: Intuitive Surgical Inc.(ISRG)

Advisors' Opinion:

• [By Lisa Levin] Gainers vTv Therapeutics Inc. (NASDAQ: VTVT) shares surged 115 percent to $2.56. Seadrill Limited (NYSE: SDRL) gained 77 percent to $0.3935. On Tuesday, a U.S. court approved the company's plan to exit Chapter 11 bankruptcy that includes raising around $1 billion in new debt and equity through a rights offering which will be led by its biggest shareholder. DropCar, Inc. (NASDAQ: DCAR) shares climbed 21.4 percent to $2.3301 after the company issued a preliminary Q1 update on its enterprise automotive business. The company disclosed that Q1 B2B automotive volumes rose 163 percent year-over-year. Teligent, Inc. (NASDAQ: TLGT) shares jumped 19.7 percent to $3.615 following the FDA approval of Clobetasol Propionate Cream USP, 0.05%. IZEA, Inc. (NASDAQ: IZEA) surged 19.1 percent to $2.62. IZEA posted a Q4 net loss of $743,000 on sales of $6.8 million. SunPower Corporation (NASDAQ: SPWR) shares gained 15.2 percent to $9.6180. SunPower announced plans to acquire SolarWorld Americas. LexinFintech Holdings Ltd. (NASDAQ: LX) climbed 10.2 percent to $15.20. CounterPath Corporation (NASDAQ: CPAH) shares rose 8.8 percent to $3.0033. Semiconductor Manufacturing International Corporation (NYSE: SMI) gained 8.2 percent to $6.685 after falling 0.80 percent on Tuesday. Energy XXI Gulf Coast, Inc. (NASDAQ: EGC) shares climbed 7.2 percent to $5.93. Textron Inc. (NYSE: TXT) shares rose 6.7 percent to $63.96 after the company reported stronger-than-expected earnings for its first quarter. Sibanye Gold Limited (NYSE: SBGL) gained 6.5 percent to $3.59 after dropping 4.53 percent on Tuesday. Calithera Biosciences, Inc. (NASDAQ: CALA) rose 6.3 percent to $6.75 after the company disclosed that the FDA has granted Fast Track designation to CB-839 in combination with cabozantinib for treatment of patients with advanced renal cell carcinoma. CSX Corporation (NASDAQ: CSX) gained 6.1 percent to $60.01 after reporting upbeat quarterly earnings
• [By ]

  As of the time of this article, home cleaning robot maker iRobot's (IRBT) shares are down over 6% on the news. And though it makes surgical robots rather than anything meant for homes, Intuitive Surgical  (ISRG) is down close to 2%. As usual, Wall Street immediately trembles on any sign that Amazon plans to further expand its reach.

• [By Motley Fool Staff]

  In the healthcare world, one of those has to be the impressive quarterly report from Intuitive Surgical�(NASDAQ:ISRG). The company increased its revenue by 25%, and accelerated its sales of the da Vinci robotic surgical systems that made it famous. But it's not just the expensive hardware that is allowing it to prosper -- it's that every machine needs a steady supply of the disposable instruments and accessories used during its procedures. The Fools consider the recent numbers, the outlook, and the investment thesis for Intuitive Surgical stock. But in the, say, anti-healthcare space, cigarette slinger�Philip Morris International�(NYSE:PM) took a big hit as demand slackened in major foreign markets. Sales of its e-cig devices are also not growing the way management had hoped.

• [By Sean Williams]

  The VISE acronym stands for:

  Visa (NYSE:V) Intuitive Surgical (NASDAQ:ISRG) Sirius XM Holdings (NASDAQ:SIRI) Electronic Arts (NASDAQ:EA)

  Each of these four companies brings clear-cut competitive advantages to the table that should allow it to handily outperform the broader market (and the FANG stocks).

• [By Garrett Baldwin]

  Earnings season is now in full swing, with today's key reports from�International Business Machines Corp. (NYSE: IBM), Johnson & Johnson (NYSE: JNJ), and Intuitive Surgical Inc.�(Nasdaq: ISRG). Thanks to tax cuts, expectations are high. Analysts expect profit growth to top 18%, which would be the biggest jump in seven years. But there are a few bearish trends that are still lurking in the market. And if you're serious about making money, you need to know how to harness them and target individual stocks for life-changing gains.�Money Morning�Quantitative Specialist Chris Johnson explains.

• [By Anders Bylund, Leo Sun, and Demitrios Kalogeropoulos]

  Read on to see why you should forget about bitcoin and Ethereum in favor of�Taiwan Semiconductor�(NYSE:TSM),�eBay�(NASDAQ:EBAY), and�Intuitive Surgical�(NASDAQ:ISRG) -- at least when it comes to serious investments for the long term.

Hot Growth Stocks For 2019: Buffalo Wild Wings Inc.(BWLD)

Advisors' Opinion:

• [By Steve Symington]

  That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.

• [By Peter Graham]

  A long term performance chart shows Dave & Busters Entertainment�tripling in value�before falling back while�small cap upscale gentlemen's clubs and restaurant owner�RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap�Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby��s Restaurant Group:

Toys R Us mascot starts his second career

NEW BRUNSWICK, N.J.����Geoffrey the Giraffe, the 16-foot-tall fiberglass Toys R Us mascot, has made a move to a new home less than two weeks after the retailer's U.S. toy stores closed their doors.

At one point,�the future of Geoffrey �� about as tall as a real male giraffe �� was in doubt as the 70-year-old company filed for bankruptcy and liquidated operations, including its corporate headquarters in Wayne, New Jersey.�Because of Geoffrey's size and the cost associated with transportation and installation, the company struggled to find someone to buy him.

No one made a�bid.

As the June 30 deadline to clear out and clean up drew closer, the Toys R�Us liquidation adviser, Joseph Malfitano�of Boulder, Colorado, bought the giraffe and paid $10,000 to have Geoffrey packed and shipped the 50 miles here to Bristol-Meyers Squibb Children's Hospital at Robert Wood Johnson University Hospital. Malfitano thought a children's hospital would be�an appropriate home for the beloved mascot.

�� June 24: Game over for Toys R Us! All stores now closed, but is this really the end?
�� April 24: Toys R Us will live on in Canada, but so far, not in the U.S.
�� April 17: Billionaire toy maker's bid to save Toys R Us stores rejected

"I was a Toys 'R' Us kid," Malifitano said. "This is an iconic piece�of retail history. For it not to continue to bring smiles for years to come was a shame. This seemed like the right solution. I'm happy to see he has a good home."�

Upon hearing of Malifitano's plan, Ken Rosen, an RWJBarnabas Health board member, agreed to donate an additional $6,000 to install the Geoffrey statue in the Bristol-Meyers Squibb Children's Hospital lobby.

Once located at the Toys R Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital in New Brunswick. (Photo: Cheryl Makin/Staff Photo)

"That was no small commitment," said John Gantner, the university hospital's president and chief executive. "I couldn't fit�him in the back of my Ford F-150."

On Wednesday, Geoffrey had his official welcome with�jungle-themed music, cupcakes and kids.

Nervous about a procedure happening�later in the day, patient Michael Tiongson, 8, put aside his fears and happily participated in the festivities.

"He's excited now," said Michael's mom, Sherry Stein. "He was very nervous about getting his tonsils and adenoids out. This is a very good distraction."

Geoffrey's original name was "Dr. G. Raffe," so Gantner thought it was appropriate that the giraffe's new residence�was a hospital.

"In our children's hospital, Geoffrey will continue to stimulate the minds and hearts of our littlest patients and briefly replace their fears and apprehension with happy thoughts and some fun," he said.

Rosen, a lawyer at Lowenstein Sandler LLP,�did put a condition on his donation: He wants to be able to take a photograph of Geoffrey with his 2- and 5-year-old grandsons.

"I figured if I did this, I would be the coolest person in the world to them," Rosen said.

"What happened to Toys 'R' Us brought a lot of pain to a lot of people. This would bring a lot of happiness to a lot of people," he said. "When I heard about it, I thought it would be particularly nice for�the kids who come to the hospital with a lot of fears and when they see him, he could make them smile."

Follow Cheryl Makin on Twitter: @CherylMakin

FacebookTwitterGoogle+LinkedInGeoffrey the Giraffe finds new home at RWJUH children's hospital FullscreenPost to FacebookPosted!

A link has been posted to your Facebook feed.

Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. Geoffrey was welcomed to his new home July 11 in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. Geoffrey was welcomed to his new home July 11 in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. Geoffrey was welcomed to his new home July 11 in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. Geoffrey was welcomed to his new home July 11 in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. Geoffrey was welcomed to his new home July 11 in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  ~Courtesy of Peter HaigneyFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ‘R’ Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children’s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick’s. On July 11, Geoffrey was welcomed to his new home in the lobby of the Children’s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreen Once located at the Toys ��R�� Us headquarters in Wayne, New Jersey, the 16-foot tall, 550-pound fiberglass statue of Geoffrey the Giraffe has found a new home at Bristol-Myers Squibb Children��s Hospital at Robert Wood Johnson University Hospital (RWJUH) in New Brunswick��s. Geoffrey was welcomed to his new home July 11 in the lobby of the Children��s Hospital to greet sick children and their families as they enter the facility.  Cheryl Makin/Staff PhotoFullscreenInterested in this topic? You may also want to view these photo galleries:Replay1 of 372 of 373 of 374 of 375 of 376 of 377 of 378 of 379 of 3710 of 3711 of 3712 of 3713 of 3714 of 3715 of 3716 of 3717 of 3718 of 3719 of 3720 of 3721 of 3722 of 3723 of 3724 of 37BlogThis!