Buy or sell: Top stock trading ideas by market experts which are good short term bets

Bears finally and decisively took charge of Dalal Street Thursday with the Nifty50 extending early losses and breaking the psychological 11,300-mark on profit booking.

The index closed sharply lower, forming 'Bearish Belt Hold' pattern on the daily candlestick chart. Weak global cues amid renewed trade war concerns dented market sentiment.

The 50-share NSE Nifty after opening at 11,328.90 which was also an intraday high traded sharply lower to break the 11,300-mark and hit an intraday low of 11,234.95.

The index closed 101.50 points lower at 11,244.70, but the broader markets outperformed frontliners with the Nifty Midcap index rising 0.1 percent. India VIX moved up by 0.45 percent at 12.58. Overall lower volatility suggests that bulls are likely to hold the market on declines near to major support zones.

related news Podcast | Stock picks of the day: Small & midcaps likely to play catch up with benchmarks Check out top 5 stocks that got ratings upgrade after Q1 results �� Should you buy?

According to Pivot charts, the key support level is placed at 11,210.17, followed by 11,175.63. If the index starts moving upwards, key resistance levels to watch out are 11,304.07 and 11,363.43.

The Nifty Bank index closed at 27,355.95, down 240.65 points on Thursday. The important Pivot level, which will act as crucial support for the index, is placed at 27,293.24, followed by 27,230.57. On the upside, key resistance levels are placed at 27,453.24, followed by 27,550.57.

Here are the top stock trading ideas which can give good returns in the near term:

Hadrien Mendonca of IIFL

Buy IndusInd Bank�with target�at Rs 2.204�and stop loss�at Rs 1,931

Buy Pfizer with target�at Rs 2,910�and stop loss�at Rs 2,905

Buy Abbott India�with target�at Rs 8,498�and stop loss�at Rs 7,615

Rajesh Agarwal of AUM Capital

Buy Adani Enterprises with stop loss at Rs 192�and target of Rs 205

Buy Venkys with stop loss at Rs 2618�and target of Rs 2820

Buy Jet Airways with stop loss at Rs 319�and target of Rs 350

Buy Dilip Buildcon with stop loss at Rs 839�and target of Rs 870

Buy Idea Cellular with stop loss at Rs 53�and target of Rs 57

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Aug 3, 2018 08:20 am

Here's Why CF Industries Rose as Much as 11.7% Today

What happened

Shares of CF Industries Holdings (NYSE:CF) jumped nearly 12% today after the company announced second-quarter and first-half 2018 earnings. The fertilizer producer achieved record quarterly sales volume, announced a $500 million share repurchase program, and said it still plans on repaying $500 million in long-term debt due by May 2020 (just in case Wall Street thought the share buybacks would conflict with the previous promise).

As president and CEO Tony Will commented:

The story of the first half of 2018 was that of lower North American gas costs and higher nitrogen prices, driving a 33 percent increase in adjusted EBITDA over last year. As we look forward, we expect our cash generation to grow due to a tightening nitrogen supply and demand balance, supported by higher energy costs in other regions of the world. As a result, we will begin returning excess cash to shareholders.

As of 12:09 p.m. EDT, the stock had settled to a 7.5% gain.

Image source: Getty Images.

So what

After years of imbalance in the global fertilizer markets, this was exactly what Wall Street and investors were waiting to hear. Higher production costs in Europe and China tightened supply -- higher coal prices in China led to a 74% drop in urea exports in the first half of 2018 compared to the year-ago period -- and drove prices for nitrogen fertilizers higher in the first half of 2018. That's a trend CF Industries expects to continue in the back half of the year.

The timing should work out pretty well for investors. That's because CF Industries acquired its nitrogen partnership, Terra Nitrogen, in an all-cash transaction in the first few days of April. The acquisition made an immediate impact to the bottom line and will continue to bolster margins and cash flow in the second half of 2018.

Expectations for continued improvement should excite investors, especially considering that second-quarter 2018 gross margin jumped to 24%, up from just 15.4% in the year-ago period, helped by higher selling prices and lower natural gas prices. That drove a 54% increase in adjusted EBITDA in that span, and a 33% increase in the metric between the first halves of the last two years.

Now what

There's a long way to go for fertilizer stocks to make up all the ground that was lost in the last five years or so. However, judging from results around the industry -- and for this nitrogen fertilizer leader specifically -- it seems many businesses have been repositioned to take advantage of slowly improving market dynamics and to be more resilient in the face of uncertainty.

Considering that CF Industries plans to immediately divert improving cash flow toward a $500 million share repurchase program and a $500 million balance sheet makeover by paying off debt, long-term shareholders might have a lot to look forward to.

Top 10 Value Stocks To Own Right Now

tags:IDSY,CELG,MMP,ENSV,VKI,GSM,EUFN,PLG,FRBA,BTE,

Compass Capital Management Inc. bought a new position in Canadian National Railway (NYSE:CNI) (TSE:CNR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,535 shares of the transportation company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Elkfork Partners LLC purchased a new position in shares of Canadian National Railway during the fourth quarter valued at $9,376,000. HBK Investments L P purchased a new position in shares of Canadian National Railway during the fourth quarter valued at $248,000. Intact Investment Management Inc. grew its holdings in shares of Canadian National Railway by 12.0% during the first quarter. Intact Investment Management Inc. now owns 715,399 shares of the transportation company’s stock valued at $67,333,000 after buying an additional 76,500 shares in the last quarter. Jefferies Group LLC purchased a new position in shares of Canadian National Railway during the fourth quarter valued at $494,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Canadian National Railway by 2.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 107,203 shares of the transportation company’s stock valued at $8,846,000 after buying an additional 2,804 shares in the last quarter. Institutional investors and hedge funds own 55.05% of the company’s stock.

Top 10 Value Stocks To Own Right Now: I.D. Systems, Inc.(IDSY)

Advisors' Opinion:

• [By Shane Hupp]

  xG Technology (NASDAQ: XGTI) and I.D. Systems (NASDAQ:IDSY) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, profitability and dividends.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on I.D. Systems (IDSY)

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

• [By Logan Wallace]

  I.D. Systems (NASDAQ: IDSY) and Lumentum (NASDAQ:LITE) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, valuation, analyst recommendations, institutional ownership and dividends.

Top 10 Value Stocks To Own Right Now: Celgene Corporation(CELG)

Advisors' Opinion:

• [By Chris Lange]

  Celgene Corp.��s (NASDAQ: CELG) short interest for this settlement date dropped to 23.94 million shares from the previous level of 34.34 million. Shares were changing hands at $78.31, in a 52-week trading range of $74.13 to $147.17.

• [By Stephan Byrd]

  Shepherd Kaplan Krochuk LLC lifted its position in Celgene (NASDAQ:CELG) by 200.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,000 shares of the biopharmaceutical company’s stock after acquiring an additional 6,000 shares during the quarter. Shepherd Kaplan Krochuk LLC’s holdings in Celgene were worth $803,000 as of its most recent SEC filing.

• [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P
• [By Keith Speights]

  The Intelligent Investor was written in 1949, but it's still as relevant nearly 70 years later as it was back then. Benjamin Graham was right about how crazy the market can be at times. I think the experiences of two very different biotech stocks this week -- Celgene (NASDAQ:CELG) and Insys Therapeutics (NASDAQ:INSY)�-- prove the point.

• [By Todd Campbell]

  One of the most highly anticipated presentations was the update from co-developers Celgene (NASDAQ:CELG) and bluebird bio on bb2121, a BCMA targeting CAR-T for multiple myeloma.

Top 10 Value Stocks To Own Right Now: Magellan Midstream Partners L.P.(MMP)

Advisors' Opinion:

• [By Shane Hupp]

  Fayez Sarofim & Co boosted its stake in Magellan Midstream Partners, L.P. (NYSE:MMP) by 14.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 13,372 shares of the pipeline company’s stock after purchasing an additional 1,644 shares during the period. Fayez Sarofim & Co’s holdings in Magellan Midstream Partners were worth $780,000 at the end of the most recent quarter.

• [By ]

  That means pipelines are equally busy carrying all that raw crude into these refineries and then carrying out gasoline, diesel and other finished products. So you'd think these would be boon times for Magellan Midstream Partners (NYSE: MMP), which owns 10,000 miles of pipeline that connect with 50% of the nation's refinery capacity.

• [By Matthew DiLallo]

  Magellan Midstream Partners (NYSE:MMP) is one of the best�master limited partnerships (MLPs) around. The oil and refined products pipeline and storage company boasts one of the top credit ratings and financial profiles in the sector. As a result, the company's 5.6%-yielding distribution is on rock-solid ground.

• [By John Bromels]

  Luckily, the oil and gas sector is one of the best places in the entire stock market to look for reliable investment picks that you can buy and leave alone in your portfolio for months -- or even years -- at a time. And three of the most solid choices right now, for my money, are�Royal Dutch Shell�(NYSE:RDS-A)(NYSE:RDS-B),�Total SA�(NYSE:TOT), and�Magellan Midstream Partners (NYSE:MMP).

• [By Matthew DiLallo]

  Let��s compare the stories of Spectra Energy Partners (NYSE:SEP) and Magellan Midstream Partners (NYSE:MMP). The scales are tilted in favor of one of these high-yielding�master limited partnerships�(MLPs), making it a much better buy right now.

• [By John Bromels]

  Three companies that the market has walloped are�Apache Corporation�(NYSE:APA),�Magellan Midstream Partners�(NYSE:MMP), and�General Motors�(NYSE:GM). Here's why these stocks look like bargains, and why today might be a good time to scoop up some shares.�

Top 10 Value Stocks To Own Right Now: ENSERVCO Corporation(ENSV)

Advisors' Opinion:

• [By Logan Wallace]

  Enservco (NYSEAMERICAN:ENSV) will be issuing its quarterly earnings data before the market opens on Wednesday, May 9th.

  Enservco (NYSEAMERICAN:ENSV) last issued its earnings results on Thursday, March 22nd. The oil and gas producer reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). Enservco had a negative return on equity of 89.94% and a negative net margin of 43.71%. The business had revenue of $14.13 million during the quarter.

Top 10 Value Stocks To Own Right Now: Invesco Advantage Municipal Income Trust II(VKI)

Advisors' Opinion:

• [By Ethan Ryder]

  Wedbush Securities Inc. bought a new stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 35,963 shares of the financial services provider’s stock, valued at approximately $382,000. Wedbush Securities Inc. owned 0.08% of Invesco Advantage Municipal Income Trust II as of its most recent SEC filing.

Top 10 Value Stocks To Own Right Now: Globe Specialty Metals Inc.(GSM)

Advisors' Opinion:

• [By Lisa Levin] Companies Reporting Before The Bell Advance Auto Parts, Inc. (NYSE: AAP) is projected to report quarterly earnings at $1.97 per share on revenue of $2.91 billion. Kohl's Corporation (NYSE: KSS) is expected to report quarterly earnings at $0.5 per share on revenue of $3.95 billion. The TJX Companies, Inc. (NYSE: TJX) is projected to report quarterly earnings at $1.02 per share on revenue of $8.47 billion. AutoZone, Inc. (NYSE: AZO) is estimated to report quarterly earnings at $13.01 per share on revenue of $2.72 billion. Dycom Industries, Inc. (NYSE: DY) is projected to report quarterly earnings at $0.7 per share on revenue of $734.86 million. Eaton Vance Corp. (NYSE: EV) is estimated to report quarterly earnings at $0.79 per share on revenue of $425.42 million. Photronics, Inc. (NASDAQ: PLAB) is expected to report quarterly earnings at $0.07 per share on revenue of $124.17 million. Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is estimated to report quarterly earnings at $1.93 per share on revenue of $715.15 million. Radcom Ltd. (NASDAQ: RDCM) is expected to post quarterly earnings at $1.96 per share on revenue of $718.59 million. Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is projected to report quarterly earnings at $0.04 per share on revenue of $718.96 million. CYREN Ltd. (NASDAQ: CYRN) is estimated to report quarterly loss at $0.08 per share on revenue of $7.72 million. Ferroglobe PLC (NYSE: GSM) is projected to report quarterly earnings at $0.16 per share on revenue of $559.15 million. Dr. Reddy's Laboratories Limited (NYSE: RDY) is estimated to report earnings for its fourth quarter. BioLineRx Ltd. (NASDAQ: BLRX) is expected to report quarterly loss at $0.07 per share. Toll Brothers, Inc. (NYSE: TOL) is estimated to post quarterly earnings at $0.76 per share on revenue of $1.58 billion.

   

• [By Lisa Levin] Gainers Regional Health Properties, Inc. (NYSE: RHE) shares surged 56 percent to $0.3980. Precipio, Inc. (NASDAQ: PRPO) shares jumped 34 percent to $0.5632 after the nano-cap specialty diagnostics company said it saw an acceleration of sales in its Pathology services in April. The company now expects to see a sequential double digit quarterly sales growth. SenesTech, Inc. (NASDAQ: SNES) rose 16 percent to $1.45 after trading higher at one point Monday by nearly 300 percent. The nano-cap developer of pest control said the California state government approved the company's ContraPest for user in the state. America's Car-Mart, Inc. (NASDAQ: CRMT) gained 13.3 percent to $61.975 after reporting upbeat Q4 results. Check-Cap Ltd. (NASDAQ: CHEK) shares gained 9.8 percent to $4.92 as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut. Arcimoto, Inc. (NASDAQ: FUV) rose 8.3 percent to $3.41. Ferroglobe PLC (NYSE: GSM) gained 7 percent to $12.13 following stronger-than-expected quarterly earnings. Photronics, Inc. (NASDAQ: PLAB) shares climbed 6.5 percent to $9.00 after the company reported upbeat Q2 results. Micron Technology, Inc. (NASDAQ: MU) rose 6.2 percent to $58.94 after reporting a $10 billion buyback plan. Blink Charging Co. (NASDAQ: BLNK) gained 6.2 percent to $7.53. Blink Charging disclosed that its vehicle charging network exceeds 125,000 members. The Container Store Group, Inc. (NYSE: TCS) gained 5.4 percent to $7.97. Container Store is expected to release quarterly earnings after the closing bell. Cyren Ltd (NASDAQ: CYRN) shares rose 5.4 percent to $2.95 after reporting Q1 results.

  Check out these big penny stock gainers and losers

• [By Lisa Levin]

  Shares of Ferroglobe PLC (NYSE: GSM) got a boost, shooting up 7 percent to $12.17 following stronger-than-expected quarterly earnings.

  Precipio, Inc. (NASDAQ: PRPO) shares were also up, gaining 42 percent to $0.597 after the nano-cap specialty diagnostics company said it saw an acceleration of sales in its Pathology services in April. The company now expects to see a sequential double digit quarterly sales growth.

• [By Stephan Byrd]

  Highbridge Capital Management LLC bought a new position in shares of Ferroglobe (NASDAQ:GSM) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 236,509 shares of the basic materials company’s stock, valued at approximately $2,539,000. Highbridge Capital Management LLC owned 0.14% of Ferroglobe at the end of the most recent quarter.

• [By Garrett Baldwin]

  Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now, it's time to get even.�Money Morning�Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking.�Read it here.

  The Top Stock Market Stories for Monday Markets are cheering news that the supposed trade war between the United States and China is "on hold," according to U.S. Treasury Secretary Steven Mnuchin. Mnuchin and U.S. President Donald Trump's top economic advisor, Larry Kudlow, announced that both nations have reached an agreement, one that established a framework to help address ongoing trade imbalances between the two countries. The prices of crude oil is in focus after Venezuelan President Nicolas Maduro won reelection over the weekend. The election featured a very low turnout and a very large outcry that the vote was rigged. Maduro has a 75% disapproval rating and has been the face of the OPEC member's widespread mismanagement and economic collapse. Prior to the election, a member of the Trump administration said that the United States would not recognize the authenticity of the election. The United States is considering additional sanctions on Venezuela. Today is a major day for mergers and acquisition activity. Today, Blackstone Group LP�(NYSE: BX) announced plans to purchase U.S. hotel operator LaSalle Hotel Properties (NYSE: LHO) for a whopping $3.7 billion. The deal comes at a time that the travel industry is experiencing one of the best periods in a decade. If you're looking for a way to make money ahead of Memorial Day weekend, we show you how here. Four Stocks to Watch Today: GOOGL, GE, MBFI, FITB Alphabet Inc. (Nasdaq: GOOGL) is under pressure this morning after a harsh piece aired last night on "60 Minutes." The segment discussed the organization's power and influence. It also featured inter
• [By Ethan Ryder]

  TRADEMARK VIOLATION WARNING: “$559.12 Million in Sales Expected for Ferroglobe (GSM) This Quarter” was originally published by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3385662/559-12-million-in-sales-expected-for-ferroglobe-gsm-this-quarter.html.

Top 10 Value Stocks To Own Right Now: iShares MSCI Europe Financials Sector Index Fund(EUFN)

Advisors' Opinion:

• [By Todd Shriber, ETF Professor]

  The iShares MSCI Europe Financials ETF (NASDAQ: EUFN) is down just over 1 percent year-to-date. While it's not alarming decline by any mean, it's a broad view: a more focused look at EUFN reveals the exchange traded fund resides about 11 percent below the 52-week high it set in February.

Top 10 Value Stocks To Own Right Now: Platinum Group Metals Ltd.(PLG)

Advisors' Opinion:

• [By Ethan Ryder]

  Shares of Platinum Group Metals (TSE:PTM) (NYSE:PLG) traded down 18.2% during mid-day trading on Friday . The stock traded as low as C$0.18 and last traded at C$0.18. 643,238 shares traded hands during mid-day trading, an increase of 400% from the average session volume of 128,626 shares. The stock had previously closed at C$0.22.

Top 10 Value Stocks To Own Right Now: First Bank(FRBA)

Advisors' Opinion:

• [By Joseph Griffin]

  First Bank (NASDAQ: FRBA) and Marlin Business Services (NASDAQ:MRLN) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, valuation, earnings, institutional ownership, analyst recommendations, risk and dividends.

Top 10 Value Stocks To Own Right Now: Baytex Energy Corp(BTE)

Advisors' Opinion:

• [By Logan Wallace]

  Baytex Energy (NYSE:BTE) (TSE:BTE) last announced its quarterly earnings data on Thursday, May 3rd. The oil and gas producer reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.08). Baytex Energy had a negative return on equity of 4.74% and a net margin of 4.57%. The firm had revenue of $226.37 million during the quarter. sell-side analysts expect that Baytex Energy Corp will post -0.28 earnings per share for the current year.

• [By Shane Hupp]

  BitSerial (CURRENCY:BTE) traded 4.5% lower against the US dollar during the 1-day period ending at 17:00 PM E.T. on May 27th. During the last seven days, BitSerial has traded down 22.8% against the US dollar. One BitSerial token can now be bought for about $0.0038 or 0.00000052 BTC on major exchanges. BitSerial has a total market capitalization of $0.00 and $37.00 worth of BitSerial was traded on exchanges in the last day.

• [By Max Byerly]

  Baytex Energy (NYSE: BTE) and Pioneer Energy Services (NYSE:PES) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, earnings, valuation, risk and dividends.

• [By Matthew DiLallo]

  Shares of Baytex Energy (NYSE:BTE) slumped more than 10% by 10:15 a.m. EDT on Monday after the company agreed to a strategic combination with Canadian rival Raging River Exploration (TSX:RRX).

• [By Logan Wallace]

  Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target raised by equities researchers at TD Securities from C$4.50 to C$5.50 in a report issued on Friday. The brokerage currently has a “hold” rating on the stock. TD Securities’ price target points to a potential downside of 0.90% from the company’s current price.

• [By Shane Hupp]

  Baytex Energy (NYSE: BTE) and Diamond Offshore Drilling (NYSE:DO) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, analyst recommendations, valuation, earnings and risk.