It's easy to see the appeal of municipal bonds for investors in the highest tax brackets. These IOUs, issued by state and local governments, are typically exempt from federal taxes as well as from most state and local taxes for hometown buyers. So investors who hold munis in taxable accounts enjoy higher effective yields than they'd get on comparable taxable debt. And now may be a good time to buy. Although demand for the bonds remains relatively constant from year to year, so far in 2018 muni bond issuance is running 15% below levels for the same period last year. A shortage of new supply boosts the value of existing bonds, and the current supply-and-demand imbalance should continue for now.
See Also: 3 Great Mutual Funds to Earn 2% to 3% in Municipal BondsLike taxable bonds, munis come with varying maturities, credit ratings, sources of revenue and guarantees. Many investors prefer to leave those decisions to the pros. The managers at Sit Tax-Free Income (SNTIX) scour the muni market for bonds with robust yields in undervalued sectors. The fund yields 2.7%—equivalent to a 4.5% yield for a taxpayer in the highest, 40.8% federal income tax bracket.
Hot Undervalued Stocks To Watch Right Now: Ohr Pharmaceuticals, Inc.(OHRP)
Advisors' Opinion:- [By Paul Ausick]
Ohr Pharmaceuticals Inc. (NASDAQ: OHRP) dropped nearly 13% Tuesday to post a new 52-week low of $0.24. Shares closed at $0.27 on Friday and the stock’s 52-week high is $2.18. Volume was around 1 million, about a third of the daily average of about 3.3 million. The company had no specific news Tuesday.
- [By Joseph Griffin]
OHR Pharmaceutical Inc (NASDAQ:OHRP)’s share price fell 9.1% during trading on Tuesday . The stock traded as low as $0.22 and last traded at $0.24. 16,800 shares were traded during trading, a decline of 98% from the average session volume of 1,040,668 shares. The stock had previously closed at $0.22.
- [By Paul Ausick]
Ohr Pharmaceuticals Inc. (NASDAQ: OHRP) dropped nearly 83% Friday to post a new 52-week low of $0.35 after closing at $2.02 on Thursday. The stock’s 52-week hig is $2.18. Volume was around 32.6 million, more than 30 times the daily average of around 1.2 million. The company reported that topline data from a clinical study failed to meet its primary endpoint.
- [By Paul Ausick]
Ohr Pharmaceuticals Inc. (NASDAQ: OHRP) dropped more than 10% Tuesday to post a new 52-week low of $0.35 after closing at $0.39 on Monday. The stock’s 52-week high is $2.18. Volume was around 7.55 million, nearly 4 times the daily average of around 2.1 million. The company had no specific news.
Hot Undervalued Stocks To Watch Right Now: Bonanza Creek Energy, Inc.(BCEI)
Advisors' Opinion:- [By Shane Hupp]
Shares of Bonanza Creek Energy Inc (NYSE:BCEI) have earned an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $41.67.
- [By Joseph Griffin]
Bonanza Creek Energy (NYSE:BCEI) was upgraded by equities research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Monday.
- [By Shanthi Rexaline]
Crude oil prices continue to remain bullish, brightening the prospects of oil and related companies. Bonanza Creek Energy Inc (NYSE: BCEI), an oil and natural gas exploration and production company that emerged from Chapter 11 in April 2017, could also benefit from an improved cost structure, according to Imperial Capital.
Hot Undervalued Stocks To Watch Right Now: AGL Resources, Inc.(GAS)
Advisors' Opinion:- [By Max Byerly]
Gas (CURRENCY:GAS) traded down 0.2% against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on May 19th. Over the last seven days, Gas has traded 10.8% lower against the U.S. dollar. Gas has a total market capitalization of $228.89 million and $5.00 million worth of Gas was traded on exchanges in the last day. One Gas token can currently be bought for $22.60 or 0.00274789 BTC on major exchanges including Abucoins, OKEx, Bitbns and Coinnest.
- [By Stephan Byrd]
Gas (CURRENCY:GAS) traded 12.9% higher against the U.S. dollar during the 1-day period ending at 22:00 PM ET on July 2nd. Gas has a market cap of $117.83 million and approximately $5.75 million worth of Gas was traded on exchanges in the last day. One Gas token can now be bought for approximately $11.63 or 0.00175551 BTC on exchanges including Cobinhood, Koinex, DragonEX and Binance. Over the last week, Gas has traded 10.4% higher against the U.S. dollar.
Hot Undervalued Stocks To Watch Right Now: Pimco Corporate & Income Stategy Fund(PCN)
Advisors' Opinion:- [By Shane Hupp]
PeepCoin (PCN) uses the hashing algorithm. Its launch date was September 26th, 2016. PeepCoin’s total supply is 56,576,323,977 coins and its circulating supply is 17,376,323,977 coins. PeepCoin’s official website is dapscoin.com. The official message board for PeepCoin is medium.com/dapscoinofficial. PeepCoin’s official Twitter account is @DAPScoin and its Facebook page is accessible here. The Reddit community for PeepCoin is /r/DAPSCoin.
- [By Ethan Ryder]
News stories about PIMCO Corporate & Income (NYSE:PCN) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PIMCO Corporate & Income earned a news impact score of 0.05 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 46.3242910143552 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Max Byerly]
PeepCoin (CURRENCY:PCN) traded down 16.9% against the U.S. dollar during the 24 hour period ending at 23:00 PM Eastern on July 9th. During the last week, PeepCoin has traded 35.9% lower against the U.S. dollar. One PeepCoin coin can currently be bought for $0.0000 or 0.00000001 BTC on popular exchanges including Cryptohub, TradeOgre, Bleutrade and C-Patex. PeepCoin has a total market cap of $619,022.00 and approximately $25,154.00 worth of PeepCoin was traded on exchanges in the last 24 hours.
- [By Joseph Griffin]
PeepCoin (CURRENCY:PCN) traded 70.2% higher against the dollar during the 24-hour period ending at 13:00 PM ET on August 14th. During the last week, PeepCoin has traded 1.4% higher against the dollar. One PeepCoin coin can currently be bought for $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges including Trade Satoshi, CoinExchange, C-Patex and Cryptopia. PeepCoin has a total market cap of $497,805.00 and $5,648.00 worth of PeepCoin was traded on exchanges in the last 24 hours.
Hot Undervalued Stocks To Watch Right Now: Cimpress N.V(CMPR)
Advisors' Opinion:- [By Stephan Byrd]
Cimpress NV (NASDAQ:CMPR) insider Sean Edward Quinn sold 777 shares of the firm’s stock in a transaction on Friday, August 31st. The stock was sold at an average price of $139.40, for a total transaction of $108,313.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
- [By Logan Wallace]
SunTrust Banks reaffirmed their hold rating on shares of Cimpress (NASDAQ:CMPR) in a research note published on Tuesday. SunTrust Banks currently has a $144.00 price objective on the business services provider’s stock.
- [By Steve Symington]
Cimpress NV (NASDAQ:CMPR) announced mixed fiscal fourth-quarter 2018 results on Wednesday after the market closed, highlighting modest top-line growth, narrowing losses, and the mass-customization specialist's progress toward its unique long-term approach for consistently generating value for shareholders.
- [By Stephan Byrd]
ValuEngine lowered shares of Cimpress (NASDAQ:CMPR) from a buy rating to a hold rating in a report issued on Tuesday morning.
A number of other brokerages have also recently commented on CMPR. BidaskClub raised Cimpress from a hold rating to a buy rating in a research report on Wednesday, June 20th. Zacks Investment Research raised Cimpress from a strong sell rating to a hold rating in a research report on Tuesday, July 24th. Barrington Research reaffirmed a buy rating and set a $165.00 price target on shares of Cimpress in a research report on Tuesday, August 14th. SunTrust Banks reaffirmed a hold rating and set a $155.00 price target on shares of Cimpress in a research report on Thursday, August 2nd. Finally, Aegis reaffirmed a sell rating and set a $114.00 price target on shares of Cimpress in a research report on Tuesday, May 8th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $142.75.
- [By Ethan Ryder]
Federated Investors Inc. PA grew its holdings in Cimpress NV (NASDAQ:CMPR) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 95,417 shares of the business services provider’s stock after purchasing an additional 5,391 shares during the period. Federated Investors Inc. PA’s holdings in Cimpress were worth $13,832,000 as of its most recent SEC filing.
- [By Steve Symington]
Cimpress NV (NASDAQ:CMPR) announced fiscal third-quarter 2018 results on Wednesday after the market closed, detailing the continued fruits of last year's Vistaprint restructuring and steady growth at each of its three core business segments. Still, shares of the mass customization specialist were down on Thursday in response to the news.
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