I read your article about health savings accounts and have a question. I have been fully funding my HSA, paying medical expenses out of pocket and planning to reimburse myself in the future with tax-free HSA dollars. Recently, my employer switched to an HSA provider that only offers a low-interest savings account and no other investing options. Are there other options for investing the money?
See Also: 50 Ways to Cut Your Health Care Costs
You aren't trapped by your employer's limited investing options. As long as you have an HSA-eligible health insurance policy (with a deductible of at least $1,300 for individual coverage or $2,600 for family coverage in 2016), you can contribute to an HSA with any account administrator, whether it is offered through your employer or it is an HSA you sign up for on your own. But if your employer only lets you contribute to one administrator's HSA through payroll deduction, it's usually best to continue making new contributions to that account, even if it doesn't have the best long-term investing options.
Top Warren Buffett Stocks To Own For 2017: Ring Energy, Inc.(REI)
Advisors' Opinion:- [By Monica Gerson]
Ring Energy Inc (NYSE: REI) is projected to post a quarterly loss at $0.05 per share on revenue of $7.92 million.
Gain Capital Holdings Inc (NYSE: GCAP) is estimated to post its quarterly earnings at $0.07 per share on revenue of $100.39 million.
Top Warren Buffett Stocks To Own For 2017: Urban Outfitters Inc.(URBN)
Advisors' Opinion:- [By WWW.THESTREET.COM]
Tuesday is a huge day, with Burlington Stores (BURL) , Dollar Tree (DLTR) , Urban Outfitters (URBN) and Signet Jewelers (SIG) all reporting. Cramer was not impressed with any of the four.
- [By Peter Graham]
"We previously suggested shares of Urban Outfitters Inc. (URBN) as a good long-term idea and although the stock hasn't performed to expectations yet, we still believe this is one of the better specialty retail plays that will benefit from any unexpected strength this Holiday Season.
- [By Ben Levisohn]
Urban Outfitters (URBN) has tumbled 8.7% to $25.50 after reporting in an SEC filing that its same-store sales are dropping faster than Street expectations.
- [By Ben Levisohn]
Shares of Urban Outfitters (URBN) are soaring today following its earnings release last night–and big part of the reason is its success with millennials. UBS analyst�Michael Binetti and team explain:
eduardo munoz/ReutersUrban Outfitters reported 2Q EPS of $0.66, well ahead of our $0.52 and Street $0.55. Same-store sales increased +1% (vs UBSe -3.9%; Street -1.1%) with Urban Outfitters+5% (UBSe -1%),�Anthropologie -3% (UBSe -6%), and Free People flat (UBSe -7%)…
We’re increasing our target P/E to 16x (in line with Urban Outfitters’ 3-yr avg P/E) from 14x previously) due to inflecting sales at the core Urban chain (40% of sales). We’re raising our FY18E EPS to $2.26 from $2.13. The key debate for URBN’s stock from here is whether it deserves a premium to its 3-yr avg P/E (w/the stock likely to open higher to reflect Street numbers likely being revised higher in the near term). While we’re impressed with Urban Outfitters, we think a P/E premium is easier to justify if Urban Outfitters can show more progress at Anthropologie (42% of sales) and Free People (8% of sales). That said, US department stores’ lack of traction with millennials is making Urban Outfitters a more important destination for strong apparel/footwear brands (adidas, Vans, CK)��which could result in a more extended sales recovery at the Urban Outfitters chain than our model currently assumes, and which could warrant a higher P/E.
Binetti raised his price target on Urban Outfitters to $36 from $30 while leaving his rating at Neutral.
Shares of Urban Outfitters have soared 16% to $36.14 at 3:04 p.m. today.
- [By Crystal Kim]
Urban Outfitters (URBN) reported poorer-than-expected third quarter results yesterday. Sales of $862.5 million were below Street estimates for $869 million; earnings came in at 40 cents versus expectations for 44 cents. Shares are down 9% to a recent $35.
Higher markdowns and not-so-hot sales at its Anthropologie stores were a drag on earnings. Urban Outfitters�� comeback might be a long time coming.
Out of 33 analysts, 10 have a Buy rating on the stock and 23 have a Hold rating. Morgan Stanley lowered its 12-month price target to $35 from $39. Cowen��s Oliver Chen, however, kept his rating of Market Perform and target price of $37, which he raised from $28 back in August.
An excerpt from Chen��s note published Wednesday:
After seeing URBN underperform for the 2nd straight year (-6% in 2013 & -5% in 2014 vs. S&P +30% & +12%, respectively) due to downward earnings revisions, we are concerned the Street��s 17% EPS growth rate next year could be optimistic. Street expectations for steady +LSD comps and GM expansion seem aggressive, especially with UO turnaround taking time and Anthro/FP lapping yet another year of record merch margins. The key to stock upside remains improvement at the Urban division (44% of revenue). At U.O. division we monitor for a more focused assortment, clear product vision, & merch margin upside. We like URBN��s long-term vision to double sales by 2020, but we see near-term risk to steady comps/GM improvement factored into Street estimates. We rate Market Perform with $37 PT based on ~16-17x FY18E EPS.
- [By Teresa Rivas]
Although Urban Outfitters (URBN) gave up some of its earlier gains, Canaccord Genuity thinks the stock can ultimately rise more than 25%.
Analyst Laura Champine upgraded the stock to Buy from Hold, with a $48 price target. She writes that the market, which has sent the stock down 11% in the past two weeks, has been overacting to the company��s announcement earlier this month that sales were trending mid-single-digit positive so far in the quarter. She sees the sales as indicative of ��sustained market share gains given the challenging apparel environment.��
��E-commerce penetration of around one-quarter of total sales makes URBN the strongest public specialty apparel retailer online. We expect this channel to sustain rapid growth as management aspirations are at 50% penetration,�� she writes. ��Unit growth is above average. We project the store base growing at a five-year CAGR of 7% versus the average retailer we cover at +5%.��
Also part of her thesis: The fact that Urban is growing its consolidated store base at a compounded annual rate of 7% over the next five years, ahead of the average 5% for the other retailers in her coverage universe. Champine notes that the Anthropologie brand is in the midst of a turnaround as well, with same-store sales growing 9% in the second quarter.
Top Warren Buffett Stocks To Own For 2017: Manitowoc Company, Inc. (The)(MTW)
Advisors' Opinion:- [By Ben Levisohn]
With a neutral sector rating, we are working on evaluating risks to negative calls, and identifying potential value opportunities. Last week we noted more work might be worthwhile on Wabco Holdings (WBC), Terex, Manitowoc (MTW), and Caterpillar, two of those names have rallied for other reasons but the attractive price made the upside/downside skew up. We remain positive (OW) on Allison Transmission Holdings (ALSN) & United Rentals. Our and consensus 2017�Allison Transmission Holdings estimates have fallen by 2% vs. ~15% for the group, while the shares are down 10% since launch. We continue to see United Rentals as the best value in our group…
Top Warren Buffett Stocks To Own For 2017: GRAVITY Co. Ltd.(GRVY)
Advisors' Opinion:- [By Lisa Levin]
Gravity Co., LTD. (ADR) (NASDAQ: GRVY) shares shot up 111 percent to $9.61 after the company reported Q3 results. GRAVITY reported Q3 earnings of $0.74 per share on sales of $13.143 million.
