|Day Low/High||5.40 / 5.77|
|52 Wk Low/High||5.27 / 10.95|
Beaten-down Entercom Communications and Dynavax Technologies are off to good starts this year and should continue to improve.
Entercom Communications, W.R. Grace, Newmark Group and a few airlines are seeing insider purchases.
These stocks are deep in bargain territory.
Entercom Communications and Great Lakes Dredge & Dock are two stocks I like post-election.
Stay bearish with Entercom until prices can rally above $8.50.
Beazer Homes, Great Lakes Dredge & Dock and Entercom Communications seem like bargains right now.
Small-caps also should benefit from reduced corporate income taxes and strong U.S. economic growth.
Market attention is now sure to turn to these players with broadcasting, video and streaming operations.
I have often found that insider buying in small- and mid-cap stocks can be a huge 'tell'.
I believe the economy will be a bigger story than the market in 2018 and I doubt we will see the same gains for equities as we did in 2017.
Radio and audio are emerging as go-to content destinations among consumers.
The two small-cap names appear undervalued at current trading levels.
Futures are slightly down as we approach the opening bell. Oil is up near $50 a barrel again. Second-quarter GDP comes in at 2.6%, a nice improvement from the first quarter's 1.4% level. For the first half of 2017, the economy grew at 2%, a much fas...