5 U.S. Stocks Cashing In On This Downturn

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The S&P 500 has been sliding of late while the Dow was hit heavily recently by news from Caterpillar Inc. (NYSE: CAT) that it will cutting jobs and generating less revenue this year and next. Despite a stock market environment that many would describe as sickly, some equities, such as the ones on our list today, have generated healthy returns for its investors so far this September.

Cablevision Systems Corp. (NYSE: CVC) – $33.08

Broadcasting

Cablevision Systems Corporation (Cablevision) through its subsidiary CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their subsidiaries operates cable operations business in the United States. The Company operates in three reportable segments: Cable, consisting of its video, high-speed data, and Voice over Internet Protocol (VoIP) operations; Lightpath, which provides Ethernet-based data, Internet, voice and video transport and managed services to the business market in the New York metropolitan area, and Other, consisting principally of the operations of Newsday.

  • Market Cap: $9,159,602,073
  • MTD Price Change: 31.6%
  • Revenue (LTM): $6,525,387,000
  • Cash and Short Term Investments (LFQ): $1,442,397,000

>> Read More: Revenue Growth Surge Seen For VidWrx (TSXV: VID): Ubika Research

TECO Energy Inc. (NYSE: TE) – $26.63

Electric Utilities

TECO Energy, Inc. (TECO Energy) is a holding company for regulated utilities and other businesses. TECO Energy owns no operating assets but holds all of the common stock of TEC and its subsidiary, TECO Diversified. Tampa Electric Company, the principal subsidiary of TECO Energy, Inc., has two business segments.

  • Market Cap: $6,259,090,043
  • MTD Price Change: 26.3%
  • Revenue (LTM): $2,756,300,000
  • Cash and Short Term Investments (LFQ): $56,000,000

Molson Coors Brewing Co (NYSE: TAP) – $81.11

Brewers

Molson Coors Brewing Company (MCBC) is a holding company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharp’s Doom Bar.

  • Market Cap: $15,322,456,131
  • MTD Price Change: 21.6%
  • Revenue (LTM): $3,847,500,000
  • Cash and Short Term Investments (LFQ): $413,800,000

>> Read More: 5 Infrastructure Stocks That Could Get a Government Boost

JetBlue Airways Corp. (NASDAQ: JBLU) – $26.58

Airlines

JetBlue Airways Corporation is a passenger carrier company that provides air transportation services across the United States, Caribbean and Latin America. The Company served approximately 87 BlueCities in 27 states, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, and 17 countries in the Caribbean and Latin America.

  • Market Cap: $8,380,361,431
  • MTD Price Change: 19.3%
  • Revenue (LTM): $6,110,000,000
  • Cash and Short Term Investments (LFQ): $915,000,000

Fitbit Inc. (NYSE: FIT) – $37.45

Communications & Networking

Fitbit, Inc. (Fitbit) is a provider of health and fitness products. The Company’s Fitbit platform combines connected health and fitness devices with software and services, including an online dashboard and mobile applications, data analytics, motivational and social tools, personalized insights, and virtual coaching through fitness plans and interactive workouts. It offers a number of fitness products, including Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Charge HR, Fitbit Surge and Aria. Its wrist-based and clippable devices automatically track users’ daily steps, calories burned, distance traveled, floors climbed, and active minutes and display real-time feedback to encourage them to become more active in their daily lives.

  • Market Cap: $8,091,071,051
  • MTD Price Change: 13.4%
  • Revenue (LTM): $0
  • Cash and Short Term Investments (LFQ): $461,276,000

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