Why Jack in the Box Inc. (JACK), Monsanto Company (MON) and Ralph Lauren Corp (RL) Are 3 of Today’s Best Stocks

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Stocks ebbed between gains and losses Thursday, but notable gains were hard to come by even as oil pared earlier losses to close higher. Slack earnings reports from some big-name companies and weakness in some bellwether tech stocks pressured the broader market.

Why Jack in the Box Inc. (JACK), Monsanto Company (MON) and Ralph Lauren Corp (RL) Are 3 of Today's Best StocksWhen the closing bell rang, the S&P 500 was down 0.02% while the Dow Jones Industrial Average lost 0.05%. The Nasdaq Composite shed almost half a percent.

Eating out, the farm and fancy clothes: Jack in the Box Inc. (NASDAQ:JACK), Monsanto Company (NYSE:MON) and Ralph Lauren Corp (NYSE:RL) are among today’s best stock’s.

Jack in the Box Inc. (JACK)

Shares of fast-food operator Jack in the Box surged 15.2% on more than seven times the average daily volume after the company’s fiscal second-quarter results topped Wall Street expectations. On an adjusted basis, JACK earned 85 cents per share in the quarter, thumping the estimate of 70 cents.

JACK’s revenue of $361.2 million narrowly beat the $360.9 million analysts expected. JACK said same-store sales for Qdoba rose 2.1%.

California-based JACK forecast full-year EPS of $3.50 to $3.63. Analysts are expecting JACK to earn $3.52 a share.

Monsanto Company (MON)

Agribusiness giant Monsanto soared 8.4% on more than five times the usual turnover on reports that two companies could be interested in acquiring MON. Various media outlets reported that German firms BASF SE (ADR) (OTCMKTS:BASFY) and Bayer AG (ADR) (OTCMKTS:BAYRY) could be interested in purchasing MON.

Earlier this year, it was reported that MON that was working on deals with those companies. In March, Bloomberg reported that BASF was MON’s “preferred partner.”

Bayer could bid up to $40 billion for MON, according to some reports.

Ralph Lauren Corp (RL)

Upscale apparel maker Ralph Lauren rose 2.8% on more than quadruple the average daily volume after the company’s fiscal fourth-quarter earnings, though down from a year earlier, beat Wall Street estimates.

On an adjusted basis, RL earned 88 cents a share in the quarter, beating the 83 cents a share analysts expected.

RL said sales fell 1% to $1.87 billion. RL added that operating expenses increased nearly 11% to $947 million.

At the time of this writing, Todd Shriber did not own any of the aforementioned securities.

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Todd Shriber has been an InvestorPlace contributor since 2014.


Article printed from InvestorPlace Media, https://investorplace.com/2016/05/jack-monsanto-mon-ralph-lauren-rl/.

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