Why Aphria, Hibbett Sports and Total System Services jumped today

<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The stock market regained some lost ground on Friday, recording modest gains as investors were trying to look at the upside of contentious issues such as trade with China and the possibility of an economic slowdown in the world. Market participants still seem far from # 39 be confident about the prospects for a favorable US market, but the good news from several companies has supported a more optimistic view of the wider markets. Aphria (NYSE: APHA), Hibbett Sports (NASDAQ: HIBB), and Total system services (NYSE: TSS) were among the most successful. Here's why they did so well. "Data-reactid =" 11 "> The stock market regained some ground lost on Friday, recording modest gains as investors tried to look at the bright side of contentious issues such as trade with China and China. The possibility of an economy Market participants still seem far from having confidence in the prospect of a favorable US market, but the good news from several companies has supported a more optimistic view of the markets. Aphria (NYSE: APHA), Hibbett Sports (NASDAQ: HIBB), and Total system services (NYSE: TSS) were among the most successful. Here is why they did so well.

Aphria gets a good review

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Aphria shares have increased by almost 15% after the decline The Cannabis Company received positive feedback from stock market analysts at Jefferies, who began their Aphria hedge with a purchase note, setting a price target of C $ 15 per share. Aphria has faced a controversy Jefferies believes that the share price for these issues reflects a higher discount than is warranted, given Aphria's strategic position in the marijuana market. Even after today's earnings, Aphria still has upside potential of around 50% if Jefferies' price target for the title is right. "Data-reactid =" 13 "> Aphria shares rose nearly 15% after the Canadian cannabis company received positive comments from the Canadian cannabis company. Aphria by a purchase price, setting a price target of Cdn $ 15 per share It is true that Aphria has been the subject of controversy over an acquisition that some thought dubious, but Jefferies believes given Aphria 's strategic position in the marijuana market, even after today' s earnings, there remains a upside potential of about 50% if Jefferies price goal for the action is correct.

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Source of the image: Aphria.

Hibbett wins the game

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Hibbett Sports has seen its stock increase by almost 21% After the release of the sporting goods retailer first quarter financial results. Hibbett reported revenue growth of 25% for the period compared to the same quarter of the previous year, with same-store sales up 5.1%, which complements the recent addition of City Gear stores to the society. Strong clues in footwear, clothing and accessories contributed significantly to Hibbett's strength, offsetting the weaker performance of licensed products and team sports. Hibbett still plans to close about 95 stores this year to maximize its commercial efficiency, but the latest results have pushed it to reinforce its earnings and profit forecasts, and that's exactly what shareholders wanted. see. "Data-reactid =" 27 "> Hibbett Sports saw its stock rise by nearly 21% following the release of the sports equipment retailer's financial results.Hibbett recorded a 25% increase in its business turnover for the period compared with the same quarter of the previous year, with comparable business revenue gains of 5.1%, in addition to the recent addition of City Gear stores Solid shoe indexes, as well as clothing and accessories, have boosted Hibbett's strength, offsetting the weaker performance of licensed products and team sports this year to maximize its commercial efficiency, but The latest results pushed the retailer to reinforce its earnings and profit forecasts, and that was exactly what shareholders wanted to see.

Will Total System be purchased?

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Finally, the actions of Total System Services ended up higher by about 14%. Reports have revealed that this pioneer of financial technologies Global payments (NYSE: GPN) could consider making an offer to acquire Total System early next week, speculating that the size of the offer could be in the order of $ 20 billion. Total System would be exploring a wide range of options that may involve an insufficient merger, such as joint ventures or other partnership agreements. With significant consolidation already taking place in the areas of financial technology and payment processing, it is not surprising that Global Payments is seeking to continue to play a leadership role – and Total System's shareholders excited about the prospects. "Data-reactid =" 29 "> Finally, the shares of Total System Services ended up about 14 %.Reports revealed that this pioneer of financial technology Global payments (NYSE: GPN) could consider making an offer to acquire Total System early next week, speculating that the size of the offer could be in the order of $ 20 billion. Total System would be exploring a wide range of options that may involve an insufficient merger, such as joint ventures or other partnership agreements. With significant consolidation already taking place in the areas of financial technology and payment processing, it is not surprising that Global Payments is seeking to continue to play a leadership role – and Total System's shareholders excited about the prospects.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Dan Caplinger has no position in any of the actions mentioned. The Motley Fool has no position in the mentioned actions. The Motley Fool has a disclosure policy."data-reactid =" 38 ">Dan Caplinger has no position in the mentioned actions. The Motley Fool has no position in the mentioned actions. Motley Fool has a disclosure policy.