10 Best Recreation Stocks To Watch For 2017

10 Best Recreation Stocks T o Watch For 2017: Safeway Inc.(SWY)

Advisors' Opinion:

• [By Matthew Smith]

  In our article on September 16th (located here) we said we were still bullish the grocers and thought that Safeway (SWY) would continue to be a winner along with the industry. Apparently, we were not alone in that thinking as the company announced yesterday that they were putting in place a poison pill which will be good for one year in order to keep anyone from building a stake larger than 10% in the company. The move was prompted by Jana Partners taking a 6.2% stake in the company and the hope of management is that this one-year period will either cool the heels of Jana or allow the two parties to work together rather than going hostile. We personally dislike poison pills, but in this case, it should not be seen as a negative as we doubt anyone was considering assembling a stake at or above that 10% level. Investors cheered the news and sent shares higher by $2.75 (9.74%) to close at $30.99/share on extremely heavy volume of 29.8 million shares.

• [By Shauna O'Brien]

  Shares of Safeway Inc. (SWY) surged on Tuesday morning after announcing that it has adopted a shareholder rights plan to prevent large accumulations of its stock.

  The company has adopted a “poison pill” plan as an anti-takeover precaution after becoming aware of a large accumulation of its common stock.

  Safeway did not indentify the investor that is accumulating the stock, but noted that this plan will help maintain “fair and equal treatment” to all shareholders.

  The plan will dilute the value of the stock by creating more shares, making it difficult for a single investor to acquire large amounts of stock. Shareholders of the company’s common stock as of September 30 will receive one preferred stock purchase right for every share of common stock that they own.

  Safeway shares were up $2.38, or 8.49%, during Tuesday morning t! rading. The stock is up 68% YTD.

• [By Teresa Rivas]

  Safeway (SWY) was up nearly 4% after an upgrade to Outperform at Credit Suisse, which also upgraded lululemon (LULU), sending shares up 1%, and downgraded Under Armour (UA)shares were down 1.6%.

source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-recreation-stocks-to-watch-for-2017.html

10 Best Long Term Stocks To Invest In 2017

10 Best Long Term Stocks To Invest In 2017: Mitek Systems, Inc.(MITK)

Advisors' Opinion:

• [By U.S. News]

  In at least one Texas bank and one Ohio credit union, 3D video banking is currently undergoing testing, according to TheFinancialBrand.com, a website for bank and credit union marketing executives. Three-dimensional video banking is similar to a consumer video conference with a bank representative –- only in this case, the executive looks like a living, breathing person sitting across from you. Thanks to theater surround sound, the representative also sounds as if they're in the same room. And since the consumer is interacting with a real person and not an automated hologram, the experience apparently isn't much different than the real thing. Banking and managing money isn't what it used to be. The 1970s and 1980s brought us the rise of the ATM. Consumers became acquainted with online banking during the 1990s and the first decade of the 2000s. The 2010s are shaping up as the era of mobile banking. That was underscored Sept. 10-11 in New York City when Mitek Systems Inc. (MITK), a San Diego-based technology company, debuted its Mobile Photo Account Opening product at Finovate, a trade show where banking tech products are often unveiled. The product allows consumers to open a bank account within 60 seconds. If you have your bank's app, you can use your smartphone's camera to take a photo of the front and back of your driver's license, and presto, your new checking, savings or credit card account is open. Here's a look at other financial products and services personal financial experts think we'll be using in the future. Within 10 years. "The economic payments system will begin to 'know us,' either through biometrics, optical sensor or facial recognition," says Joshua Siegel, managing principal of StoneCastle Partners, a New York-based asset management firm that invests in banks. That's already happening to some extent with smartphones –- the new Appl! e (AAPL) iPhone 5S, for example, uses fingerprint scanning to unlock the phone. Meanwhile, some fi

• [By Lisa Levin]

  In trading on Thursday, technology shares fell by 0.32 percent. Meanwhile, top losers in the sector included Mitek Systems, Inc. (NASDAQ: MITK), down 13 percent, and Formula Systems (1985) Ltd. (ADR) (NASDAQ: FORTY), down 8 percent.

source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-long-term-stocks-to-invest-in-2017.html