Stock Analysis

Steel Dynamics ($STLD) announced board approval for buyback of up to $450 million worth of its shares. Lincoln Electric ($LECO) said its board approved a 9.4 percent increase to its quarterly cash dividend to $0.32 per share.
 
Linear Tech ($LLTC) said its shareholders have approved its merger with Analog Devices ($ADI). The deal is now expected to close in the first half of 2017. Separately, the company reported first quarter results that missed estimates. The company forecasts 7-8.5 percent revenue growth for its second quarter.
 
KB Home ($KBH) reaffirmed its fourth quarter targets at its investor conference in Los Angeles. The company expects housing revenues to be in the range of $3.8 billion to $4.2 billion in 2017.
 
Yahoo! ($YHOO) reported strong quarterly results, with the company's "Mavens" revenue rising notably.
 
China 3x Bull ETF (YINN) bounced this week and is trying to find a base just below $19. YINN is a strong buy below $17 if we see another dip.
 
Small Cap Bull 3x (TNA) bounced near $70 this week but is struggling. Buy TNA below $60 for the long term if we see a stock market crash in 2017.
 
$SHAK is trying to find a base below $32. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.
 
$CMG continues to trade well over $400 after shares reversed this week. CMG is a buy below $400 for the long term.
 
Schlumberger ($SLB) reported better than expected third quarter adjusted earnings, while its revenues were shy of estimates.
 
Meanwhile, General Electric ($GE) reported third quarter earnings that beat estimates but on lower than expected revenues. The conglomerate also lowered its full-year revenue growth forecast.
 
$SPU is back trading below $7 as we await the company's press releases. SPU will be active in the coming weeks.
 
Altria (MO) announced in 13D filing with the SEC that it now has a 10.2 percent ownership of Anheuser-Busch InBev by virtue of its purchase of 12 million ordinary shares of the latter between October 11 and October 21, 2016
 
Visa (V) reported upbeat earnings and revenues for its third quarter, as total payment volumes increased. Rambus (RMBS) reported third quarter adjusted earnings that exceeded estimates.
 
Crane (CR) reported better than expected third quarter results and guided full year earnings per share in line. Everest Re (RE) reported above-consensus operating profit per share for its third quarter.
 
$SPU is back trading below $7 as we await the company's press releases. SPU will be active in the coming weeks.
 
$SHAK is trying to find a base below $32. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.
 
Crane (CR) reported better than expected third quarter results and guided full year earnings per share in line. Everest Re (RE) reported above-consensus operating profit per share for its third quarter.
 
Visa (V) reported upbeat earnings and revenues for its third quarter, as total payment volumes increased. Rambus (RMBS) reported third quarter adjusted earnings that exceeded estimates.
 
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