Monday, December 30, 2013

Will Dish Network Continue Its Bullish Run?

With shares of Dish Network (NASDAQ:DISH) trading around $49, is DISH an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let's analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

Dish Network is a pay-television provider that offers a range of local and national programming, featuring more national and local high-definition channels than most pay-TV providers. A rising number of consumers are opting for satellite services due to the reduced costs and increased coverage offered. Dish Network is poised to capitalize on this rise in consumer interest as entertainment takes center stage for consumers in the United States.

Top 5 Canadian Companies To Own For 2014

Dish Network reported revenue totaling $3.60 billion for the quarter ending Sept. 30, 2013 compared to $3.52 billion for the corresponding period in 2012. Subscriber related revenue increased 6.1 percent to $3.47 billion from $3.27 billion in the year-ago period.

T = Technicals on the Stock Chart Are Strong

Dish Network stock has been steadily trending higher in the past several years. The stock is currently trading near all time highs and looks set to continue. Analyzing the price trend and its strength can be done using key simple moving averages. What are the key moving averages? The 50-day (pink), 100-day (blue), and 200-day (yellow) simple moving averages. As seen in the daily price chart below, Dish Network is trading above its rising key averages which signal neutral to bullish price action in the near-term.

DISH

(Source: Thinkorswim)

Taking a look at the implied volatility (red) and implied volatility skew levels of Dish Network options may help determine if investors are bullish, neutral, or bearish.

Implied Volatility (IV)

30-Day IV Percentile

90-Day IV Percentile

Dish Network Options

33.72%

0%

0%

What does this mean? This means that investors or traders are buying a minimal amount of call and put options contracts, as compared to the last 30 and 90 trading days.

Put IV Skew

Call IV Skew

December Options

Flat

Average

January Options

Flat

Average

As of today, there is an average demand from call buyers or sellers and low demand by put buyers or high demand by put sellers, all neutral to bullish over the next two months. To summarize, investors are buying a minimal amount of call and put option contracts and are leaning neutral to bullish over the next two months.

On the next page, let’s take a look at the earnings and revenue growth rates and the conclusion.

E = Earnings Are Mixed Quarter-Over-Quarter

Rising stock prices are often strongly correlated with rising earnings and revenue growth rates. Also, the last four quarterly earnings announcement reactions help gauge investor sentiment on Dish Network’s stock. What do the last four quarterly earnings and revenue growth (Y-O-Y) figures for Dish  Network look like and more importantly, how did the markets like these numbers?

2013 Q3

2013 Q2

2013 Q1

2012 Q4

Earnings Growth (Y-O-Y)

N/A

-104.00%

-41.25%

-34.09%

Revenue Growth (Y-O-Y)

2.27%

1.12%

-0.74%

-1.15%

Earnings Reaction

4.91%*

0.44%

-2.04%

-0.16%

Dish Network has seen decreasing earnings and mixed revenue figures over the last four quarters. From these numbers, the markets had conflicting feelings about Dish Network’s recent earnings announcements.

* As of this writing

P = Excellent Relative Performance Versus Peers and Sector

How has Dish Network stock done relative to its peers, DirecTV (NASDAQ:DTV), Time Warner Cable (NYSE:TWC), Comcast (NASDAQ:CMCSA), and sector?

Dish Network

DirecTV

Time Warner Cable

Comcast

Sector

Year-to-Date Return

36.87%

26.81%

20.90%

25.00%

28.39%

Dish Network has been a relative performance leader, year-to-date.

Conclusion

Dish Network offers a television subscription service that provides national and local programming to consumers in the United States. The company recently announced its third quarter results. The stock has been steadily trending higher over the last several years and is currently trading near all time highs. Over the last four quarters, earnings have been decreasing while revenues have been mixed, which has produced conflicting feelings among investors. Relative to its peers and sector, Dish Network has been a year-to-date performance leader. Look for Dish Network to OUTPERFORM.

Saturday, December 28, 2013

Halloween spending seen cooling down this year

halloween spending NEW YORK (CNNMoney) Consumers are spooked this Halloween -- and it's not just the ghosts, goblins, and ghouls.

Fewer people plan to celebrate the holiday this year, and those who are plan to spend less, according to one survey. Another predicted spending would increase over last year, but at a much slower pace.

The National Retail Federation estimated nearly $7 billion would be spent this year on costumes, candy and artificial cobwebs, about $1 billion less than last year. That translates to an average of about $4.79 less per Halloween reveler. It based those numbers on a survey of almost 5,300 adults.

Separately, IBISWorld projected Halloween spending would grow 3%, down from nearly 18% last season. It estimated the largest spending growth would be for decorations.

The holiday comes as people are generally uncertain or pessimistic about the economy. Consumer confidence dropped this month amid fiscal brinksmanship in Washington. Two-thirds think the U.S. economy is on the decline, according to Gallup survey data.

But despite this year's sluggish outlook, Halloween spending has been on a tear.

Spending has grown 55% since 2005. The only year-over-year drop was in the fall of 2009, when spending dropped about $1 billion from Halloween 2008, after the housing market collapse dealt the country a major blow.

A Hyundai for the zombie apocalypse   A Hyundai for the zombie apocalypse

It's not just kids getting in on the fun. According to the NRF, the $1.22 billion forecasted business in adult costumes outpaces the $1.04 billion spent on child costumes. And 13% of survey respondents plan to dress up their pets -- spending a combined $330 million to get Spot and Fluffy in on the act.

Hot Safest Companies To Own In Right Now

It's not all bad news for retailers. The NRF predicted November and December retail sales to grow nearly 4%. Customers will spend just over $600 billion this year, they forecasted. To top of page

Wednesday, December 25, 2013

How to Get a Job in Value Investing

Someone who reads my articles asked me this question:

Hi Geoff,

…I'm a 33 year old Italian guy (so please excuse my English) and I have read your articles on Gurufocus since years.

…I've a question. I started to have an interest in stock market in 2007, and immediately I understood that the best approach was value. When I've read Graham I understood that stock market is job for my life and in 3 years I took a degree in economics… I would like (to) ask… you if in your opinion there is a place where a 33-year old guy could work as analyst to make experience and, why not, start my own hedge fund?

Thank you so much,

Mirko

That's a hard question to answer. There are lots of places out there. But there are also lots of would-be analysts looking for places to work.

I could give you a list of names of value-oriented investment firms. But it wouldn't do you much good. For one thing, my guess is that if you do end up getting a value investing related job sometime in the future it's as likely to be with a fund that doesn't yet exist as it is to be with someplace I could name now.

Your best chance to get seriously considered for the kind of job you want is if someone you know needs to build a research team from scratch. In fact, I witnessed this exact scenario happen last week. Somebody utterly unknown ended up at the top of the pile for an analyst job, because the guy heading the team knew him and thought he was good (great actually). Without that personal connection, there's no way he'd even have been considered for the job. And he would have had a much harder time filling an existing position. The lucky combination for him was that the position was brand new and he really impressed the right person ahead of time.

Of course, he didn't know that was the right person to impress when he impressed him. When he impressed the guy, there was no position. Because the guy he impressed wasn't even at that firm yet.

You see my point. People mov! e around.. It's easy to think you should focus on some place specific. But it's more effective to just go around impressing people with your amazing work regardless of who their current employer is and whether there's any hope of them hiring you right now. If you're really good, they'll remember you. And if they're really good, they'll get the chance to hire someone at some point.

Do you have any research to show people?

Your best bet is to do lots and lots of research for free and then let it get into the hands of someone who can hire an analyst. Are you reading a lot of value investing blogs – or just articles like mine?

Make sure you are reading blogs.

Try to talk to everybody whose work you respect by sending them an email. Share your best ideas with them. Send them research reports you've written that you know they'd be interested in reading. At first, they will be interested because you will send them a research report on a stock that you know is the kind of stock they're interested in. But, later, if your research is good they will want to read whatever you send them regardless of the kind of stock you choose to write about.

Do you have a blog? If not, you should definitely start a blog of your own. Write it in English. Just put a little "about me" section in the corner that mentions you're Italian. Readers will understand. They're more interested in your ideas than your grammar. Keep your ideas simple, clear, etc., and any problems with language will be a minor obstacle for readers to overcome. Obviously, you can write research in Italian. But, frankly, English is the lingua franca of stock research. You know English. So you should definitely write in English. That will help you get your research read by people who can help you out.

Having said that, you should take advantage of the fact that you are not just another American writing about stocks. The world has enough of those. You live in a place and have experience with places that most stock analysts do ! not have. ! If you know of interesting Italian companies – focus on them. I would say you should split your time evenly between Italian companies and companies that would interest anybody around the world. Switch off writing reports from one category to the next. Alternate from writing about Italian stocks and non-Italian stocks. You will attract readers from all around and you will become known specifically for writing about Italian companies – most of which will be new to your readers.

You should be on Twitter. Follow bloggers, article writers, etc. Tweet each article, report, etc. you write. [url=post.php?4]Submit to GuruFocus[/url]. Because of your concerns about writing in English and your interest in research, I would suggest only writing research-heavy articles. Stick to specific stocks. Include lots of tables. Make your points in bullets, lists, etc. And then proofread what you've written as best you can.

If you try to write more general articles about investment philosophies, how you think about investments, etc., you might feel your English is not good enough and it's hurting those kinds of articles. But, over time, you will feel comfortable putting your writing out there – in English – on any topic. So, eventually, you can write about any topics you want. But I'd start with specific stock research first. This is the best kind of writing for showcasing your skills anyway.

When you have a report about a specific company that might interest someone you should send them the report as a PDF attachment to an email. Start your email by (quickly) introducing yourself. Then flatter them a bit about how much you like their blog, articles, something they wrote, etc. Don't ever say anything untrue. Just omit references to anything you didn't like. The more personal and honest you can make this (very brief) intro about who you are and how you know them – the better. Okay. Then attach your report as a PDF. Say a few words about the stock and the report. Just enough to get them to open ! the repor! t. It's not necessary to "sell" the report very hard. If you sounded like a sane and interesting person and they're interested in the stock – they'll open the report. If you came off as a wee bit crazy, a tad boring, or you wrote about some stock they have no interest in – they won't read the report. So don't be a salesman. Just be yourself.

The two most important parts of all this are to interact as much as possible with the people you respect most and to keep putting out good work of your own.

If you do those two things, you'll have done everything you reasonably could to land your dream job.

Now, all of this is meant as a suggestion for your particular situation. I made these suggestions because I know you're:

1. A value investor

2. Interested in the stock market as your "job for life"

If you're just interested in finding any job related to Wall Street (and maybe making a lot of money) I'd probably have a different set of suggestions. My assumption here was that you're only interested in value investing. And you're interested in actual research and stock picking. That narrows the number of opportunities a lot.

On the other hand, the Internet is a very good place to learn about value investing and to connect with other value investors. Try to do both.

Don't quit your day job. Just set aside time to writing and reading about value investing every single day. It doesn't have to be a lot of time. You'll find you are extremely productive working just one hour a day writing about stocks if you really do put in an hour every day and you keep that time sacred and untouchable no matter what else is going on in your life. If you can do that, you can produce a ton of written material. Assuming you are good at the actual research part of the work, the stuff you write will be good. And people will be interested in the ideas you have. Anytime someone encourages you, keep sending them your stuff. And keep writing a blog of your own.

Try to spend all! your tim! e online at value investing sites. Don't waste time at other sites. You can spend your time here at GuruFocus or at the many excellent value investing blogs around the web like:

Whopper Investments

Value Uncovered

Oddball Stocks

Variant Perceptions

Interactive Investor Blog

And so on...

There are many, many excellent value investing blogs. Use a service like "Netvibes" to keep track of all the blogs you read. Read them whenever you get a chance. And then email the authors of the blogs you like best. Send them something that is impressive, thought out, etc. Do in-depth research on one of the stocks they wrote about. Or send them one of your own very best ideas. Don't send them your casual thoughts. You don't want them to think of you as someone to chat with. You want them to think of you as a thorough, insightful researcher.

Okay. Now how do you get a job?

Probably not the way you think. I've gotten several value investing-related job offers over the years – and none of them came from me actively seeking a particular position. Basically, I was referred by someone each time. There was probably a conversation where someone mentioned they really need another writer, analyst, fund manager, etc. and they didn't know where to find one. Someone else said: "I know." And they looked around for someone. In each case, the position was extremely specific. That's why they weren't looking to interview a hundred people. Two offers were from people specifically interested in someone who could invest in micro-cap stocks. Especially net-nets. And possibly worldwide. I've written about lots of micro caps, some net-nets, and I've mentioned that I'll buy them worldwide. I'm sure that's why I was considered for those jobs. Basically, it's just a really, really tiny pool of people who have dealt in stocks like that. So they couldn't have had very many people to choose from.

But to be honest, the biggest reason is obviously the writing. When people read a lot of ! things yo! u write, they start to think they know you. There's a tendency to believe the kind of writing I do a lot more than you believe a resume. There's just a feeling that you know the writer better.

Finally, because you're Italian you should look for anyone in Italy who is value oriented. It's a small group. Learn what you can about them. Strike up an online correspondence if you can. And, if you can't, follow everything they do. Become an expert on Italian value investors. It can't hurt.

Now, I'm sure there's some people reading this thinking I've just given you some very dumb advice. This is not the way to get hired.

That might be true. They're might be quicker paths.

But I do know some people who went from "didn't even know value investing existed" to being an analyst at a value-oriented firm in just a few years. What you did before you caught the value investing bug is not important. I know people with backgrounds ranging from math to law to engineering who became research analysts and – in one case – a fund manager.

So don't worry about your past. Just worry about doing best work you can and sharing it with the best value investors you know.

The important part is having good ideas. And sharing them.

Ask Geoff a Question about How to Get a Job in Value Investing
Check out the Ben Graham Net-Net Newsletter
Check out the Buffett/Munger Bargains Newsletter

Tuesday, December 24, 2013

5 Tech Stocks Under $10 Triggering Breakouts

DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst such as a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst downgrade.

Top Financial Stocks For 2014

Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside today.

Relm Wireless

Relm Wireless (RWC) is engaged in the designing, manufacturing and marketing wireless communications products consisting of two-way land mobile radios, repeaters, base stations and related components and subsystems. This stock closed up 2.8% to $3.58 in Tuesday's trading session.

Tuesday's Range: $3.40-$3.58

52-Week Range: $1.42-$3.74

Tuesday's Volume: 106,000

Three-Month Average Volume: 74,659

From a technical perspective, RWC trended higher here right above some near-term support levels at $3.20 to $3.10 with above-average volume. This stock has been uptrending for the last two months, with shares moving higher from its low of $2.62 to its intraday high of $3.58. During that move, shares of RWC have been making mostly higher lows and higher highs, which is bullish technical price action. That move is quickly pushing shares of RWC within range of triggering a major breakout trade. That trade will hit if RWC manages to take out its 52-week high at $3.74 with high volume.

Traders should now look for long-biased trades in RWC as long as it's trending above some near-term support levels at $3.20 or its 50-day at $3.10 and then once it sustains a move or close above $3.74 with volume that hits near or above 74,659 shares. If that breakout hits soon, then RWC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $4.50 to $5.

AudioCodes

AudioCodes (AUDC) designs, develops and sells products and services for voice and data over packet networks. This stock closed up 8.4% to $4.75 in Tuesday's trading session.

Tuesday's Range: $4.57-$4.86

52-Week Range: $1.20-$5.04

Tuesday's Volume: 493,000

Three-Month Average Volume: 108,175

From a technical perspective, AUDC gapped higher here right above its 50-day moving average of $4.43 with heavy upside volume. This move is quickly pushing shares of AUDC within range of triggering a major breakout trade. That trade will hit if AUDC manages to take out its 52-week high at $5.04 with high volume.

Traders should now look for long-biased trades in AUDC as long as it's trending above its 50-day at $4.43 or above more support at $4.29 and then once it sustains a move or close above its 52-week high at $5.04 with volume that hits near or above 108,175 shares. If that breakout hits soon, then AUDC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $5.75 to $6.50, or even $7.

Mattson Technology

Mattson Technology (MTSN) designs, manufactures and markets semiconductor wafer processing equipment used in the fabrication of integrated circuits. This stock closed up 5.1% to $2.25 in Tuesday's trading session.

Tuesday's Range: $2.15-$2.30

52-Week Range: $0.70-$2.55

Tuesday's Volume: 593,000

Three-Month Average Volume: 825,998

From a technical perspective, MTSN bounced higher here back above its 50-day moving average at $2.23 with lighter-than-average volume. It looks like MTSN has now put in a double bottom chart pattern, since the stock has found some buying interest over the last month at $2.05 to $2.07. If that bottom can hold, then shares of MTSN will not set up to trigger a major breakout trade. That trade will hit if MTSN manages to take out some near-term overhead resistance levels at $2.40 to $2.52 and then once it clears its 52-week high at $2.55 with high volume.

Traders should now look for long-biased trades in MTSN as long as it's trending above $2.07 to $2.05 and then once it sustains a move or close above those breakout levels with volume that hits near or above 825,998 shares. If that breakout hits soon, then MTSN will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $3.17 to its three-year high at $3.30.

PCTEL

PCTEL (PCTI) designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. This stock closed up 1.1% to $9.83 in Tuesday's trading session.

Tuesday's Range: $9.70-$9.85

52-Week Range: $5.65-$10.00

Thursday's Volume: 77,000

Three-Month Average Volume: 80,200

From a technical perspective, PCTI bounced modestly higher here right above some near-term support at $9.50 with decent upside volume. This stock has been trending sideways in a consolidation pattern for the last month, with shares moving between $9.08 on the downside and $10 on the upside. Shares of PCTI are now quickly moving within range of triggering a major breakout trade. That trade will hit if PCTI manages to take out its 52-week high at $10 with high volume.

Traders should now look for long-biased trades in PCTI as long as it's trending above near-term support at $9.50 or above $9.08 and then once it sustains a move or close above $10 with volume that hits near or above 80,200 shares. If that breakout triggers soon, then PCTI will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $12 to $13.

Windstream

Windstream (WIN) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. It offers broadband, voice and video services to consumers in primarily rural markets. This stock closed up 1.2% to $8.38 in Tuesday's trading session.

Tuesday's Range: $8.25-$8.44

52-Week Range: $7.50-$11.04

Thursday's Volume: 10.29 million

Three-Month Average Volume: 7.64 million

From a technical perspective, WIN trended up modestly here back above its 200-day moving average at $8.32 with heavy upside volume. This move is quickly pushing shares of WIN within range of triggering a major breakout trade. That trade will hit if WIN manages to take out the upper-end of its recent trading range at $8.57 to $8.60 with high volume.

Traders should now look for long-biased trades in WIN as long as it's trending above its 50-day at $7.97 and then once it sustains a move or close above those breakout levels with volume that hits near or above 7.64 million shares. If that breakout triggers soon, then WIN will set up to re-fill its previous gap down zone from February that started near $9.25. Any high-volume move above $9.25 to $9.40 will then put $10 to $10.13 into range for shares of WIN.

To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.

Monday, December 23, 2013

Congress Asked to Approve $250 Million Arms Sale to Greece

The Defense Security Cooperation Agency notified Congress [link opens in PDF] Thursday of plans to sell the Greek military $250 million worth of spare parts for use in repairing and maintaining United Technologies (NYSE: UTX  ) F100-PW-229 engines. The parts to be sold include inlet/fan modules, core engine modules, rear compressor drive turbines, fan drive turbine modules, augmentor duct and nozzle modules, and gearbox modules. The sale will include support equipment, publications, and technical documentation necessary to make use of them.

DSCA explains that the spare parts are needed to "ensure the Hellenic Air Force sustains its aircraft fleet" of Lockheed Martin (NYSE: LMT  ) F-16 fighter jets "at the highest state of readiness to face any potential threats." In this way, the sale "will contribute to the foreign policy and national security of the United States by helping to improve the security of a NATO ally."

DSCA added that "there will be no adverse impact on U.S. defense readiness as a result of this proposed sale."

Sunday, December 22, 2013

Can TiVo Overcome Wall Street's Doubts?

You can count June 7, 2013 as a day that will live in infamy for shareholders of TiVo (NASDAQ: TIVO  ) .

The shares of the video-recorder trailblazer tumbled about 20% after the company said it would receive $490 million as a settlement for a patent lawsuit against Google's (NASDAQ: GOOG  ) Motorola Mobility and other entities. Some Wall Street professionals had been looking for a settlement of as much as $1.7 billion.

The sub-par sum also crystallized much of Wall Street's pessimism about a company, which skeptics fear might have lived out its usefulness in the consumer marketplace. New splashy rivals such as Roku and Aereo have grabbed headlines lately, making TiVo look, well, oh-so-20th-century.

In today's investing landscape, a company is often judged on the amount of buzz it can generate -- both in its finances and its image.

The problem for TiVo is that the court settlement underscored the company's challenges on Wall Street. If you believe (as I do) that the stock market can be regarded as the ultimate arbiter of a company's fortunes, it was easy to recognize that the judgment damaged the company's standing in the investment community.

Remember, TiVo's stock had jumped 8% on Thursday, the day before the announcement, when Motorola Mobility revealed that it had accomplished an out-of-court settlement with TiVo. That occurred only days before the legal matter was supposed to go to trial and analysts were smacking their lips at the prospect of a very large payout in court.

Lazard Capital Markets' Barton Crockett reacted swiftly and decisively by reducing his investment rating on the stock to "neutral" from "buy." J.P. Morgan analysts, meanwhile, had planned to see more than $400 million from Motorola by itself.

The company's board of directors tried to calm panicky shareholders. It announced a large expansion of the company's stock repurchase program.

The board doubled the size of the authorization from $100 million to $200 million and extended the share-buyback plan for another two years until Aug. 29, 2015. 

TiVo's stock price results reflect Wall Street's questions about its prospects, but the company says it is pleased with the progress it is making in its balance sheet. CEO Tom Rogers deemed it to be "strong" on the day of the settlement.

Rogers added that the company's cash position, following the settlement, would exceed $1 billion "before inclusion of future expected payments of at least $400 million from prior settlements."

"We intend to use our significant capital resources to drive shareholder value, including more aggressively returning capital to shareholders under our newly increased share repurchase authorization and we will be increasing the size of our 10B5-1 trading plan as soon as permissible," CEO Rogers said.

Rogers added, "Importantly, we just recently closed one of our best quarters ever in terms of subscription growth, driven by a number of our existing operator deals in the U.S. and abroad that are now fully up and running. So, as we look out beyond today's important settlement we believe our core operating business will continue to drive growth to both the top and bottom line."

Still, the numbers show that Wall Street has cooled on TiVo's prospects. Consider that over the past 12 months, the stock has gained 33% while the S&P 500 index is up 23%. But year to date, TiVo is down 11% and the S&P 500 is up 14%. And since the end of May, TiVo is down 15% while the S&P index has dropped 0.6%.

With the disappointment of the settlement still ringing in Wall Street analysts' ears, the challenge for TiVo is going to be take its vaunted balance sheet and prove its relevance – both in the marketplace and in the stock market.

It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.

Saturday, December 21, 2013

Has CONMED Made You Any Real Money?

Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.

Earnings' unreliability is one of the reasons Foolish investors often flip straight past the income statement to check the cash flow statement. In general, by taking a close look at the cash moving in and out of the business, you can better understand whether the last batch of earnings brought money into the company, or merely disguised a cash gusher with a pretty headline.

Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on CONMED (Nasdaq: CNMD  ) , whose recent revenue and earnings are plotted below.

Source: S&P Capital IQ. Data is current as of last fully reported fiscal quarter. Dollar values in millions. FCF = free cash flow. FY = fiscal year. TTM = trailing 12 months.

Over the past 12 months, CONMED generated $73.8 million cash while it booked net income of $41.0 million. That means it turned 9.7% of its revenue into FCF. That sounds OK.

All cash is not equal
Unfortunately, the cash flow statement isn't immune from nonsense, either. That's why it pays to take a close look at the components of cash flow from operations, to make sure that the cash flows are of high quality. What does that mean? To me, it means they need to be real and replicable in the upcoming quarters, rather than being offset by continual cash outflows that don't appear on the income statement (such as major capital expenditures).

For instance, cash flow based on cash net income and adjustments for non-cash income-statement expenses (like depreciation) is generally favorable. An increase in cash flow based on stiffing your suppliers (by increasing accounts payable for the short term) or shortchanging Uncle Sam on taxes will come back to bite investors later. The same goes for decreasing accounts receivable; this is good to see, but it's ordinary in recessionary times, and you can only increase collections so much. Finally, adding stock-based compensation expense back to cash flows is questionable when a company hands out a lot of equity to employees and uses cash in later periods to buy back those shares.

So how does the cash flow at CONMED look? Take a peek at the chart below, which flags questionable cash flow sources with a red bar.

Source: S&P Capital IQ. Data is current as of last fully reported fiscal quarter. Dollar values in millions. TTM = trailing 12 months.

When I say "questionable cash flow sources," I mean items such as changes in taxes payable, tax benefits from stock options, and asset sales, among others. That's not to say that companies booking these as sources of cash flow are weak, or are engaging in any sort of wrongdoing, or that everything that comes up questionable in my graph is automatically bad news. But whenever a company is getting more than, say, 10% of its cash from operations from these dubious sources, investors ought to make sure to refer to the filings and dig in.

With 19.2% of operating cash flow coming from questionable sources, CONMED investors should take a closer look at the underlying numbers. Within the questionable cash flow figure plotted in the TTM period above, other operating activities (which can include deferred income taxes, pension charges, and other one-off items) provided the biggest boost, at 13.3% of cash flow from operations. Overall, the biggest drag on FCF came from capital expenditures, which consumed 20.7% of cash from operations.

A Foolish final thought
Most investors don't keep tabs on their companies' cash flow. I think that's a mistake. If you take the time to read past the headlines and crack a filing now and then, you're in a much better position to spot potential trouble early. Better yet, you'll improve your odds of finding the underappreciated home-run stocks that provide the market's best returns.

If you're interested in companies like CONMED, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.

We can help you keep tabs on your companies with My Watchlist, our free, personalized stock tracking service.

Add CONMED to My Watchlist.

Friday, December 20, 2013

The Week Ahead: Will 2014 Be a Buy-&-Hold Year?

With the question of whether or not the Fed will start tapering out of the way, MoneyShow’s Tom Aspray turns his focus towards what’s in store for market participants in the new year.

The FOMC caught many by surprise last Wednesday, myself included, as stock prices exploded to the upside and closed with impressive gains. It appears that the FOMC struck a good medium between slightly reducing their bond buying and declaring their plan to keep rates low for quite some time.

My argument last week was that the threat of deflation would keep the Fed from acting. Obviously, it did not, though Mr. Bernanke did comment that “The committee is determined to avoid inflation that is too low, as well as inflation that is too high.”

chart

As we enter 2014, I think deflation will continue to be a concern for the advanced countries. The chart last week from the WSJ shows that inflation for all OECD countries is in a well-established downtrend, and in most countries, well below their central bank’s targets.

If the S&P 500 were to correct sharply in the last two weeks of the year and drop 5%, the Spyder Trust (SPY) would still be up over 24% for the year. This has given many money mangers fits as at the end of the 3rd quarter, the average hedge fund was only up about 6%. Since many charge a management fee of 2%, facing their clients after this kind of year won’t be pleasant.

No matter what happens in the last two weeks of the year, 2013 will clearly stand out as a buy-and-hold year with index funds as the star performers. The iShares Russell 2000 Index (IWM) is currently up 34.1% YTD, followed closely by the 33% gain in the PowerShares QQQ Trust (QQQ).

chart

Both have done significantly better than the Spyder Trust (SPY), which is up 29.32%, and the 26.52% gain in the SPDR Dow Industrials (DIA). But will buy and hold work again in 2014?

The chart above shows the percentage performance of the Spyder Trust (SPY) since 2012 when it was up 16% for the year. In 2012, there were two significant corrections. In April, it was up 11.5% for the year before it dropped 11.2%. This almost erased all of the year’s gains and likely took many out of the market.

By the middle of September 2012, the SPY was up 15.8% for the year but promptly gave back 9.8% of this gain in the post-election decline. The chart shows that 2013 was a much different year as after being up 32.5% in May (since 2012), the SPY has its worst correction as it dropped 6.4% from high to low.

Top Dividend Stocks To Invest In Right Now

There was another correction in August as well as from the mid-September to early October as the government shutdown spooked investors. The uptrend in SPY has been much clearer in 2013 than it was in 2012. The break of the uptrend from the late 2012 lows in October 2013 was very brief.

Three or more years of consecutive double-digit gains in the S&P 500 are quite rare. Since 1975, there has been only one example. From 1995 through 1998, the S&P 500 had gains of 34.1%, 20.2%, 31%, and 26.7%. There were corrections during these years with the most notable being the 22% drop in 1998 before the S&P rallied 33.7% from the October lows to finish the year strong.

Given what I see as the continued improvement in the economy in 2014, I think double-digit gains are again likely in 2014 but the evidence is not nearly as strong as it was last year. I do not expect a smooth ride like 2013 as I think we will see more sharp corrections in 2014.

This will make it difficult for new investors since if we reach double-digit gains in the first half of the year, I think investors will need to be prepared for a significant correction. If we, instead, get a decent correction early in the year, it should present a good buying opportunity.

NEXT PAGE: What to Watch

Page 1 | Page 2 | Page 3 | Page 4 | Next Page

Thursday, December 19, 2013

Original Miller Lite can gets cameo role

The classic Miller Lite beer can makes a cameo inAnchorman 2: The Legend Continues, now in theaters. But it will also be showing up in stores in January for about 10 weeks.

MillerCoors had been considering a special throwback availability for the classic original white can, which originated in 1974 and was tweaked into the Nineties.

The classic Miller Lite beer can makes a cameo in 'Anchorman 2: The Legend Continues,' now in theaters. But it will also be showing up in stores in January for about 10 weeks.(Photo: MillerCoors)

Its placement in the movie makes it "part of pop culture," says marketing director Elina Vives. Then, customers – including millennials who may not remember the classic can -- can personally partake. "We think we can remind loyal drinkers why they love us and we can bring new people into the franchise," she says.

A beer resembling Miller High Life appeared in the original Anchorman: The Legend of Ron Burgundy, which starred Will Ferrell as a TV anchor in the Seventies. This time around MillerCoors worked with Paramount to get authentic Lite cans, and replicas of real Lite beer ads, from 1980 when the sequel is set. "I think the prop guy just selected the brand on Miller High Life in the first one. It wasn't fully branded like our can is in Anchorman 2," Vives says.

The classic Miller Lite beer can, seen here in a Seventies ad, makes a cameo in 'Anchorman 2: The Legend Continues,' now in theaters. But it will also be showing up in stores in J! anuary for about 10 weeks.(Photo: MillerCoors)

Lite was the first light beer to hit the market and "changed the category forever," she says. Highlighting the original design, Vives says, "is really a statement we are trying to make about the product … It's jogging really fond memories and reinforcing the quality, of course."

Miller Lite was the No. 4 most popular beer in 2012, according to Beer Marketer's Insights. But many big brand beers, including Miller Lite, Budweiser and Bud Light have seen declines. "You are going to see less and less of those beer brands dominate," says Tom Bobak, founder and editor- in chief of AmericanCraftBeer.com. "I think their tie-in with Anchorman is pop-culturally savvy. But I personally don't know that a retro can is going to attract more than incidental attention."

Wednesday, December 18, 2013

Video Pimco's Mark Kiesel Names Choice Housing-Related Stocks

5 Best Clean Energy Stocks To Invest In Right Now

Pimco managing director Mark Kiesel mentions Whirlpool (WHR), Weyerhaeuser (WY), USG (USG), Toll Brothers (TOLL) and KB Home (KBH) as good plays on housing: 


Currently 0.00/512345

Rating: 0.0/5 (0 votes)

Email FeedsSubscribe via Email RSS FeedsSubscribe RSS Comments Please leave your comment:
More GuruFocus Links
Latest Guru Picks Value Strategies
Warren Buffett Portfolio Ben Graham Net-Net
Real Time Picks Buffett-Munger Screener
Aggregated Portfolio Undervalued Predictable
ETFs, Options Low P/S Companies
Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
Model Portfolios DCF Calculator
RSS Feed Monthly Newsletters
The All-In-One Screener Portfolio Tracking Tool
MORE GURUFOCUS LINKS
Latest Guru Picks Value Strategies
Warren Buffett Portfolio Ben Graham Net-Net
Real Time Picks Buffett-Munger Screener
Aggregated Portfolio Undervalued Predictable
ETFs, Options Low P/S Companies
Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
Model Portfolios DCF Calculator
RSS Feed Monthly Newsletters
The All-In-One Screener Portfolio Tracking Tool
WHR STOCK PRICE CHART 151.94 (1y: +49%) $(function() { var seriesOptions = [], yAxisOptions = [], name = 'WHR', display = ''; Highcharts.setOptions({ global: { useUTC: true } }); var d = new Date(); $current_day = d.getDay(); if ($current_day == 5 || $current_day == 0 || $current_day == 6){ day = 4; } else{ day = 7; } seriesOptions[0] = { id : name, animation:false, color: '#4572A7', lineWidth: 1, name : name.toUpperCase() + ' stock price', threshold : null, data : [[1355896800000,102.15],[1355983200000,102.33],[1356069600000,101.38],[1356328800000,100.6],[1356501600000,99.74],[1356588000000,101.16],[1356674400000,99.02],[1356933600000,101.75],[1357106400000,107.17],[1357192800000,106.9],[1357279200000,105.99],[1357538400000,104.37],[1357624800000,105.01],[1357711200000,105.81],[1357797600000,105.78],[1357884000000,105.05],[1358143200000,105.43],[1358229600000,104.43],[1358316000000,102.8],[1358402400000,107.4],[1358488800000,102.31],[1358834400000,103.92],[1358920800000,107.7],[1359007200000,110.02],[1359093600000,109.68],[1359352800000,106.29],[1359439200000,109.36],[1359525600000,108.72],[1359612000000,115.38],[1359698400000,112.74],[1359957600000,111.61],[1360044000000,110.89],[1360130400000,108.4],[1360216800000,107],[1360303200000,107.32],[1360562400000,106.47],[1360648800000,110.81],[1360735200000,110.98],[1360821600000,111],[1360908000000,111.33],[1361253600000,112.61],[1361340000000,107.57],[1361426400000,107.11],[1361512800000,109.55],[1361772000000,107.11],[1361858400000,110.1],[1361944800000,111.04],[1362031200000,112.95],[1362117600000,114.35],[1362376800000,117.36],[1362463200000,118.88],[1362549600000,118.51],[1362636000000,116.08],[1362722400000,117.75],[1362978000000,119.29],[1363064400000,118.86],[1363150800000,118.13],[1363237200000,117.49],[1363323600000,115.2],[1363582800000,114.84],[1363669200000,115.17],[1363755600000,116.28],[1363842000000,113.84],[1363928400000,114.39],[1364187600000,113.76],[1364274000000,114.29],[1364360400000,116.23],[1364446800000,118.46],[1364792400000,116.07],[1364878800000,114.99],[1364965200000,112.61],[1365051600000,112.08],[1365138000000,113.4],[1365397200000,114.46],[1365483600000,115.23],[1365570000000,117.96],[1365656400000,119.59],[1365742800000,119],[1366002000000,113.12],[1366088400000,116.78],[1366174800000,116.53],[1366261200000,112.34],[1366347600000,117.13],[1366606800000,118.02],[1366693200000,122],[1366779600000,119.25],[1366866000000,117.37],[1366952400000,116.2],[1367211600000,116.07],[1367298000! 000,114.28],[1367384400000,112.9],[1367470800000,116],[1367557200000,118.42],[1367816400000,119],[1367902800000,122.65],[1367989200000,123.6],[1368075600000,124.71],[1368162000000,127.9],[1368421200000,127.27],[1368507600000,

Tuesday, December 17, 2013

Can BlackBerry Stock See a Turnaround?

With shares of BlackBerry (NASDAQ:BBRY) trading around $6, is BBRY an OUTPERFORM, WAIT AND SEE or STAY AWAY? Let's analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock's Movement

BlackBerry is a designer, manufacturer, and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software, and services it provides platforms and solutions for seamless access to information such as email, voice, instant messaging, SMS, Internet, intranet-based applications, and browsing. Its products and services feature the BlackBerry wireless solution, the Research In Motion Wireless Handheld product line, the BlackBerry PlayBook tablet, software development tools, and other software and hardware.

BlackBerry is losing two more long-term executives as the struggling smartphone maker attempts to undergo a massive turnaround after abandoning plans to sell itself last month. According to a report from the Wall Street Journal, executive vice president of global sales Rick Costanzo and mergers and acquisitions strategy head Chris Wormald will be leaving the company in the coming weeks. Costanzo will be gone by early 2014, while Wormald plans to leave before the New Year.

T = Technicals on the Stock Chart Are Weak

BlackBerry stock has struggled to make positive progress in the last several years. The stock is currently trading near all time lows and may need time to stabilize before heading higher. Analyzing the price trend and its strength can be done using key simple moving averages. What are the key moving averages? The 50-day (pink), 100-day (blue), and 200-day (yellow) simple moving averages. As seen in the daily price chart below, BlackBerry is trading below its rising key averages, which signal neutral to bearish price action in the near-term.

BBRY

(Source: Thinkorswim)

Taking a look at the implied volatility (red) and implied volatility skew levels of BlackBerry options may help determine if investors are bullish, neutral, or bearish.

Implied Volatility (IV)

30-Day IV Percentile

90-Day IV Percentile

BlackBerry options

90.27%

86%

84%

What does this mean? This means that investors or traders are buying a very significant amount of call and put options contracts as compared to the last 30 and 90 trading days.

Put IV Skew

Call IV Skew

January Options

Steep

Average

February Options

Steep

Average

As of today, there is an average demand from call buyers or sellers and high demand by put buyers or low demand by put sellers, all neutral to bearish over the next two months. To summarize, investors are buying a very significant amount of call and put option contracts and are leaning neutral to bearish over the next two months.

On the next page, let's take a look at the earnings and revenue growth rates and the conclusion.

E = Earnings Are Increasing Quarter-Over-Quarter

Rising stock prices are often strongly correlated with rising earnings and revenue growth rates. Also, the last four quarterly earnings announcement reactions help gauge investor sentiment on BlackBerry's stock. What do the last four quarterly earnings and revenue growth (Y-O-Y) figures for BlackBerry look like and more importantly, how did the markets like these numbers?

2013 Q2

2013 Q1

2012 Q4

2012 Q3

Earnings Growth (Y-O-Y)

-308.89%

83.84%

178.41%

-96.08%

Revenue Growth (Y-O-Y)

-45.02%

9.37%

-35.97%

-47.21%

Earnings Reaction

-1.12%

-27.76%

-0.89%

-22.73%

BlackBerry has seen mixed earnings and decreasing revenue figures over the last four quarters. From these numbers, the markets have not been too happy about BlackBerry's recent earnings announcements.

P = Weak Relative Performance Versus Peers and Sector

How has BlackBerry stock done relative to its peers, Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), Nokia (NYSE:NOK), and sector?

BlackBerry

Apple

Google

Nokia

Sector

Year-to-Date Return

-56.20%

9.92%

52.54%

96.20%

3.08%

BlackBerry has been a poor relative performer, year-to-date.

Conclusion

BlackBerry provides innovative wireless communication products to consumers and companies worldwide.  The company is losing two more long-term executives as the struggling smartphone maker attempts to undergo a massive turnaround after abandoning plans to sell itself last month. The stock has not done well in recent years and is now trading near all time lows. Over the last four quarters, earnings have been mixed while revenues have been decreasing which has disappointed investors. Relative to its peers and sector, BlackBerry has been a weak year-to-date performer. STAY AWAY from BlackBerry for now.

Monday, December 16, 2013

Guru Stocks at 52-Week Lows: IBM, T, TLK, LLY, GLD

According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.

International Business Machines Corp (IBM) Reached the 52-Week Low of $172.80

The prices of International Business Machines Corp (IBM) shares have declined to close to the 52-week low of $172.80, which is 20.1% off the 52-week high of $215.90. International Business Machines Corp is owned by 34 Gurus we are tracking. Among them, 15 have added to their positions during the past quarter. Thirteen reduced their positions.

International Business Machines Corp was incorporated in the State of New York on June 16, 1911. International Business Machines Corp has a market cap of $187.64 billion; its shares were traded at around $172.80 with a P/E ratio of 12.00 and P/S ratio of 1.91. The dividend yield of International Business Machines Corp stocks is 2.14%. International Business Machines Corp had an annual average earnings growth of 11.90% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 5-star.

IBM recently reported its third quarter 2013 financial results. The company announced diluted EPS of $3.68, up 11 percent. Net income was $4.0 billion, up 6 percent.

David Dreman bought 12,380 shares in the quarter that ended on 09/30/2013, which is 0.21% of the $1.11 billion portfolio of Dreman Value Management. John Hussman bought 1,000 shares in the quarter that ended on 09/30/2013, which is 0.01% of the $1.82 billion portfolio of Hussman Economtrics Advisors. John Keeley bought 1,380 shares in the quarter that ended on 09/30/2013, which is 0.0047% of the $5.43 billion portfolio of Keeley Fund Management.

Director David N. Farr bought 1,000 shares of IBM stock on 08/27/2013 at the average price of $182.8. David N. Farr owns at least 3,608 shares after this. The price of the stock has decreased by 5.47% since.

AT&T Inc. (T) Reached the 52-Week Low of $33.85

The prices of AT&T Inc. (T) shares h! ave declined to close to the 52-week low of $33.85, which is 16.0% off the 52-week high of $39.00. AT&T Inc. is owned by 16 Gurus we are tracking. Among them, five have added to their positions during the past quarter. Eleven reduced their positions.

AT&T, formerly SBC Communications Inc., was incorporated under the laws of the State of Delaware in 1983. At&t Inc has a market cap of $178.32 billion; its shares were traded at around $33.85 with a P/E ratio of 23.90 and P/S ratio of 1.45. The dividend yield of At&t Inc stocks is 5.32%. At&t Inc had an annual average earnings growth of 1.50% over the past 10 years.

AT&T recently reported its third quarter 2013 financial results. The company announced consolidated revenues of $32.2 billion, up 2.2 percent versus the year-earlier period. AT&T also reported more than 2 million new wireless and wireline high speed broadband connections.

Mark Hillman bought 16,000 shares in the quarter that ended on 09/30/2013, which is 0.89% of the $65 million portfolio of Hillman Capital Management. Ken Fisher owns 133,015 shares as of 09/30/2013, a decrease of 97.92% of from the previous quarter. This position accounts for 0.011% of the $40.58 billion portfolio of Fisher Asset Management, LLC. Chris Davis sold out his holdings in the quarter that ended on 09/30/2013.

Senior Executive VP and CFO John Joseph Stephens sold 18,175 shares of T stock on 11/01/2013 at the average price of $36.25. John Joseph Stephens owns at least 264,856 shares after this. The price of the stock has decreased by 6.62% since.

Telekomunikasi Indonesia (TLK) Reached the 52-Week Low of $34.35

The prices of Telekomunikasi Indonesia (TLK) shares have declined to close to the 52-week low of $34.35, which is 33.3% off the 52-week high of $50.61. Telekomunikasi Indonesia is owned by five Gurus we are tracking. Among them, two have added to their positions during the past quarter. Two reduced their positions.

PT Telekomunikasi Indonesia, Tbk provides telecommunic! ation ser! vices to the individual and home customers, companies, and institutions in Indonesia. Telekomunikasi Indonesia has a market cap of $83.39 billion; its shares were traded at around $34.35 with a P/E ratio of 19.20 and P/S ratio of 3.18. The dividend yield of Telekomunikasi Indonesia stocks is 3.76%. Telekomunikasi Indonesia had an annual average earnings growth of 0.30% over the past 10 years.

Eli Lilly and Company (LLY) Reached the 52-Week Low of $49.39

The prices of Eli Lilly and Company (LLY) shares have declined to close to the 52-week low of $49.39, which is 18.6% off the 52-week high of $58.41. Eli Lilly and Company is owned by 20 Gurus we are tracking. Among them, 10 have added to their positions during the past quarter. Ten reduced their positions.

Eli Lilly and Company was incorporated in 1901 in Indiana for the drug manufacturing business founded in Indianapolis, Indiana, in 1876. Eli Lilly And Company has a market cap of $55.65 billion; its shares were traded at around $49.39 with a P/E ratio of 11.30 and P/S ratio of 2.34. The dividend yield of Eli Lilly And Company stocks is 3.97%. Eli Lilly And Company had an annual average earnings growth of 7.50% over the past 10 years.

Richard Pzena bought 433,250 shares in the quarter that ended on 09/30/2013, which is 0.14% of the $15.48 billion portfolio of Pzena Investment Management LLC. David Dreman bought 4,290 shares in the quarter that ended on 09/30/2013, which is 0.019% of the $1.11 billion portfolio of Dreman Value Management. Ray Dalio bought 19,039 shares in the quarter that ended on 09/30/2013, which is 0.0081% of the $11.87 billion portfolio of Bridgewater Associates. John Hussman owns 10,000 shares as of 09/30/2013, a decrease of 98.57% of from the previous quarter. This position accounts for 0.028% of the $1.82 billion portfolio of Hussman Economtrics Advisors. 09/30/2013.

Senior VP and President, Lilly Diabetes Enrique A. Conterno sold 5,000 shares of LLY stock on 08/15/2013 at the average price of $53.7! 9. Enriqu! e A. Conterno owns at least 61,638 shares after this. The price of the stock has decreased by 8.18% since.

SPDR Gold Trust (GLD) Reached the 52-Week Low of $119.38

The prices of SPDR Gold Trust (GLD) shares have declined to close to the 52-week low of $119.38, which is 33.7% off the 52-week high of $173.61. SPDR Gold Trust is owned by 12 Gurus we are tracking. Among them, two have added to their positions during the past quarter. Five reduced their positions. SPDR Gold Trust has a market cap of $54.32 billion; its shares were traded at around $119.38.

Jean-Marie Eveillard owns 2,787,089 shares as of 09/30/2013, an increase of 13.01% from the previous quarter. This position accounts for 1% of the $34.43 billion portfolio of First Eagle Investment Management LLC. John Burbank owns 12,500 shares as of 09/30/2013, a decrease of 33.86% of from the previous quarter. This position accounts for 0.052% of the $3.09 billion portfolio of Passport Capital. John Hussman owns 5,000 shares as of 09/30/2013, a decrease of 87.5% of from the previous quarter. This position accounts for 0.035% of the $1.82 billion portfolio of Hussman Economtrics Advisors.

Director Michael Romanik, bought 91,000 shares of GLD stock on 08/06/2013 at the average price of $0.03. Michael Romanik owns at least 657,600 shares after this.


Also check out: John Hussman Undervalued Stocks John Hussman Top Growth Companies John Hussman High Yield stocks, and Stocks that John Hussman keeps buying David Dreman Undervalued Stocks David Dreman Top Growth Companies David Dreman High Yield stocks, and Stocks that David Dreman keeps buying

Currently 2.00/512345

Rating: 2.0/5 (1 vote)

Email FeedsSubscribe via Email RSS FeedsSubscribe RSS Comments Please leave your comment:
More GuruFocus Links
Latest Guru Picks Value Strategies
Warren Buffett Portfolio Ben Graham Net-Net
Real Time Picks Buffett-Munger Screener
Aggregated Portfolio Undervalued Predictable
ETFs, Options Low P/S Companies
Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
Model Portfolios DCF Calculator
RSS Feed Monthly Newsletters
The All-In-One Screener Portfolio Tracking Tool
MORE GURUFOCUS LINKS
Latest Guru Picks Value Strategies
Warren Buffett Portfolio Ben Graham Net-Net
Real Time Picks Buffett-Munger Screener
Aggregated Portfolio Undervalued Predictable
ETFs, Options Low P/S Companies
Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
Model Portfolios DCF Calculator
RSS Feed Monthly Newsletters
The All-In-One Screener Portfolio Tracking Tool
IBM STOCK PRICE CHART 174.99 (1y: -10%) $(function() { var seriesOptions = [], yAxisOptions = [], name = 'IBM', display = ''; Highcharts.setOptions({ global: { useUTC: true } }); var d = new Date(); $current_day = d.getDay(); if ($current_day == 5 || $current_day == 0 || $current_day == 6){ day = 4; } else{ day = 7; } seriesOptions[0] = { id : name, animation:false, color: '#4572A7', lineWidth: 1, name : name.toUpperCase() + ' stock price', threshold : null, data : [[1355724000000,193.62],[1355810400000,195.69],[1355896800000,195.08],[1355983200000,194.77],[1356069600000,193.42],[1356328800000,192.4],[1356501600000,191.95],[1356588000000,192.71],[1356674400000,189.83],[1356933600000,191.55],[1357106400000,196.35],[1357192800000,195.27],[1357279200000,193.99],[1357538400000,193.14],[1357624800000,192.87],[1357711200000,192.32],[1357797600000,192.88],[1357884000000,194.45],[1358143200000,192.62],[1358229600000,192.5],[1358316000000,192.59],[1358402400000,193.65],[1358488800000,194.47],[1358834400000,196.08],[1358920800000,204.72],[1359007200000,204.42],[1359093600000,204.97],[1359352800000,204.93],[1359439200000,203.9],[1359525600000,203.52],[1359612000000,203.07],[1359698400000,205.18],[1359957600000,203.79],[1360044000000,202.79],[1360130400000,201.02],[1360216800000,199.74],[1360303200000,201.68],[1360562400000,200.16],[1360648800000,200.04],[1360735200000,200.09],[1360821600000,199.65],[1360908000000,200.98],[1361253600000,200.32],[1361340000000,199.31],[1361426400000,198.33],[1361512800000,201.09],[1361772000000,197.51],[1361858400000,199.14],[1361944800000,202.33],[1362031200000,200.83],[1362117600000,202.91],[1362376800000,205.19],[1362463200000,206.53],[1362549600000,208.38],[1362636000000,209.42],[1362722400000,210.38],[1362978000000,210.08],[1363064400000,210.55],[1363150800000,212.06],[1363237200000,215.8],[1363323600000,214.92],[1363582800000,213.21],[1363669200000,213.44],[1363755600000,215.06],[1363842000000,212.26],[1363928400000,212.08],[1364187600000,210.74],[1364274000000,212.36],[1364360400000,210.89],[1364446800000,213.3],[1364792400000,212.38],[1364878800000,214.36],[1364965200000,212.66],[1365051600000,211.31],[1365138000000,209.41],[1365397200000,209.32],[1365483600000,209.22],[1365570000000,212],[1365656400000,212.92],[1365742800000,211.38],[1366002000000,209.26],[1366088400000,212],[1366174800000,209.67],[1366261200000,207.15],[1366347600000,190],[1366606800000,187.83],[1366693200000,191.61],[1366779600000,191.71],[1366866000000,193.95],[! 1366952400000,194.31],[1367211600000,199.15],[1367298000000,202.54],[1367384400000,199.63],[1367470800000,202.39],[1367557200000,204.51],[1367816400000,202.78],[1367902800000,203.63],[1367989200000,204.82],[1368075600000,203.24],[1368162000000,204.47],[1368421200000,202.47],[1368507600000,203.21],[1368594000000,

Sunday, December 15, 2013

1 Monster Medical Malpractice Verdict

In this video, health-care analyst David Williamson discusses a recent court ruling that went against UnitedHealth Group (NYSE: UNH  ) to the tune of $500 million in punitive damages. Watch and find out how the nation's largest publicly traded health insurer paid the price for a Nevada doctor blamed for putting upwards of 50,000 patients at risk for blood-borne diseases, and what it means for investors of UnitedHealth.

When President Obama was re-elected, shares of UnitedHealth and other health insurers fell immediately. Is Obamacare a death knell for health insurers, or is the market missing out on some of the opportunities the law presents? In this brand-new premium report on UnitedHealth, The Motley Fool takes a long-term view, homing in on prospects for UnitedHealth in an Obamacare world. So don't miss out -- simply click here now to claim your copy today.

Saturday, December 14, 2013

Top Small Cap Companies To Buy Right Now

Yesterday around midday,�Netherlands based aviation leasing stock�AerCap Holdings N.V. (NYSE: AER) began surging on rumors and closed up 11.6%, meaning its probably time to take a closer look at those rumors along with aviation leasing peers like small caps or mid caps�Aircastle Limited (NYSE: AYR), Air Lease Corp (NYSE: AL), Fly Leasing Ltd (NYSE: FLY) and AeroCentury Corp (NYSEMKT: ACY).

What is AerCap Holdings N.V.?

Headquartered in the Netherlands and with offices in Ireland, the United States, China, Singapore and the United Arab Emirates, AerCap Holdings N.V. is a�global leader in aircraft leasing and aviation finance with�$15 billion of assets that is funded by a ��obust long-term��capital structure producing ��ndustry-leading profitability.��AerCap Holdings N.V.�� fleet�also consists of modern fuel-efficient aircraft and is�one of the largest in the world.

Top Small Cap Companies To Buy Right Now: Texas Instruments Incorporated(TXN)

Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. The company?s Analog segment offers high-performance analog products comprising standard analog semiconductors, such as amplifiers, data converters, and interface semiconductors; high-volume analog and logic products; and power management semiconductors and line-powered systems. Its Embedded Processing segment includes DSPs that perform mathematical computations to process and enhance digital data; and microcontrollers, which are designed to control a set of specific tasks for electronic equipment. The company?s Wireless segment designs, manufactures, and sells application processors and connectivity products. Its Other segment offers smaller semiconductor products, which include DLP products that are primarily used in projectors to create high-definition images; and application-specific integrated circuits. This segment also provides handhe ld graphing and scientific calculators, as well as licenses technologies to other electronic companies. The company serves the communications, computing, industrial, consumer electronics, automotive, and education sectors. Texas Instruments Incorporated sells its products through a direct sales force, distributors, and third-party sales representatives. It has collaboration agreements with PLX Technology Inc.; Neonode, Inc.; and Ubiquisys Ltd. The company was founded in 1938 and is headquartered in Dallas, Texas.

Advisors' Opinion:
  • [By Sue Chang]

    Texas Instruments (TXN) �is expected to post third-quarter earnings of 53 cents a share. TI�� results are generally expected to meet expectations, according to analysts at Wedbush. ��ur industry checks indicate that TI likely benefited from growth in industrial, automotive, and communications infrastructure, and new product launches of handsets, notebooks, and gaming consoles,��Betsy Van Hees at Wedbush said in a report.

  • [By Chuck Saletta]

    What's working well with dividends?
    The highlight of last week was Texas Instruments (NASDAQ: TXN  ) paying out its $0.28-per-share dividend, which was an $0.08 increase over its previous dividend -- and a raise after only two quarters. The semiconductor giant has been under siege lately as it shuts down its mobile business because of increased competition. That increase was a welcome reminder that the company's business lines extend far beyond just the hot technology gadgets of the day and that its core operations still remain solid.

Top Small Cap Companies To Buy Right Now: China Metro-Rural Holdings Limited(CNR)

China Metro-Rural Holdings Limited, through its subsidiaries, primarily engages in the development and operation of agricultural logistics and trade centers in northeast China. It also involves in purchasing, processing, assembling, merchandising, and distributing pearls and jewelry products. The company markets its pearls and jewelry products to wholesale distributors and mass merchandisers in Europe, the United States, Hong Kong, and other parts of Asia. In addition, it develops, sells, and leases residential and commercial properties in Hong Kong and the People?s Republic of China. The company is based in Tsimshatsui, Hong Kong.

Advisors' Opinion:
  • [By Katie Brennan]

    Canadian National Railway Co. (CNR) added 0.9 percent to C$104.93 and Canadian Pacific Railway Ltd. rose 1.7 percent to C$131.73.

    Niko Resources surged 3.4 percent to $8.64 after the company entered an agreement for a $60 million loan that will be funded by a group of institutional investors. Net proceeds from the loan will be used to fund working capital requirements.

Best China Stocks To Own For 2014: Achillion Pharmaceuticals Inc.(ACHN)

Achillion Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of treatments for infectious diseases. The company focuses on the development of antivirals for the treatment of chronic hepatitis C; and the development of antibacterials for the treatment of resistant bacterial infections. Its drug candidates for the treatment of chronic HCV include ACH-1625, a protease inhibitor, which is in phase IIa clinical trial for the treatment of chronic HCV; ACH-2684, a pangenotypic protease inhibitor, which is in phase I clinical trial for the treatment of chronic HCV infection; and NS5A inhibitors for the treatment of chronic HCV infection, including ACH-2928, which is to enter a phase I clinical trial, as well as various additional NS5A inhibitors in preclinical development. Its pipeline of product candidates also includes ACH-702 and ACH-2881 for drug resistant bacterial infections; elvucitabine for HIV infection; and AC H-1095 for HCV infection. The company was founded in 1998 and is based in New Haven, Connecticut.

Advisors' Opinion:
  • [By David Williamson]

    In this video, David Williamson describes how Achillion Pharmaceuticals (NASDAQ: ACHN  ) may challenge Gilead's (NASDAQ: GILD  ) dominance in the Hepatitis C drug market. Achillion is concluding phase 2 clinical trials of its oral interferon medication, and so far, things are looking good. If successful in phase 3 trials, Achillion could directly challenge Gilead's interferon medication. For investors, the success of Achillion's drug is attractive, but the potential for Achillion to be a takeover target is even more enticing. The company has a market cap of around $575 million and could easily be bought out by the likes of Bristol-Myers Squibb.

  • [By Sean Williams]

    The latest hepatitis-C nightmare came from Achillion Pharmaceuticals (NASDAQ: ACHN  ) which plunged 24% on the week after the FDA placed a clinical hold on its lead compound, sovaprevir (previously known as ACH-1625) because of a worrisome drug-to-drug interaction noted in early stage trials. According to Achillion's update, sovaprevir, when studied with atazanavir, was associated with elevated ALT enzymes in the liver, although no serious adverse events were documented. Even though the FDA is allowing Achillion to continue studying sovaprevir in its mid-stage trial with ACH-3102, it's just another setback for Achillion which is miles behind Gilead Sciences�and AbbVie�in terms of time it will take to bring a new hepatitis-C therapy to market.

  • [By Keith Speights]

    Hold horrors
    Achillion Pharmaceuticals (NASDAQ: ACHN  ) takes the worst spot this week. Shares plunged 62% on bad news from the U.S. Food and Drug Administration.

  • [By Dan Carroll]

    Few biotechs were hit as hard as Achillion Pharmaceuticals (NASDAQ: ACHN  ) this week, however. Achillion makes up around 2% of the weight of the SPDR Biotech ETF, and its 7.5% loss this week was a major reason for the fund's fall. This stock has failed to capitalize on the markets' surge this year, losing 10% year-to-date. The company only recently named a new CEO, lifting its former R&D head and chief science officer to the top job. Achillion's still in the developmental stage of its life and thus produces no revenue, and the company's cash burn makes it seem likely that more share dilution is on its way as the company looks to advance its hepatitis-C pipeline over the coming years. Until Achillion produces some meaningful results from that pipeline, this stock will remain a risky play in an already risky space.

Top Small Cap Companies To Buy Right Now: OCZ Technology Group Inc(OCZ)

OCZ Technology Group, Inc. designs, develops, manufactures, and distributes computer components for computing devices and systems worldwide. It primarily offers solid state drives, flash memory storage, memory modules, thermal management solutions, AC/DC switching power supply units, and computer gaming solutions. The company?s products are used in industrial equipment and computer systems; computer and computer gaming solutions; mission critical servers and high end workstations; personal computer (PC) upgrades to extend the useable life of existing PCs; high performance computing and scientific computing; video and music editing; home theatre PCs and digital home convergence products; and digital photography and digital image manipulation computers. OCZ Technology Group, Inc. offers its products to retailers, on-line retailers, original equipment manufacturers, systems integrators, and distributors. The company was founded in 2002 and is headquartered in San Jose, Califo rnia.

Advisors' Opinion:
  • [By Rich Duprey]

    The not-so-great and wonderful OCZ
    There was no company-specific news that caused solid-state-drive maker OCZ Technology (NASDAQ: OCZ  ) to fall almost 8% Wednesday. But an article that appeared on Seeking Alpha �questioning whether the company had six months or less to live before it filed for bankruptcy seemed to coincide with its fall.

Top Small Cap Companies To Buy Right Now: Petroquest Energy Inc(PQ)

PetroQuest Energy, Inc. operates as an independent oil and gas company. It engages in the acquisition, exploration, development, and operation of oil and gas properties in Oklahoma, Arkansas, and Texas, as well as onshore and in the shallow waters offshore the Gulf Coast Basin. As of December 31, 2009, the company had estimated proved reserves of 1,931 thousand barrels of oil and 167,361 million cubic feet equivalent of natural gas. It owned working interests in 9 net producing oil wells and 277 net producing gas wells. PetroQuest Energy was founded in 1983 and is headquartered in Lafayette, Louisiana.

Advisors' Opinion:
  • [By Jon C. Ogg]

    PetroQuest Energy Inc. (NYSE: PQ) was downgraded to Neutral from Overweight at J.P. Morgan.

    Rubicon Technology Inc. (NASDAQ: RBCN) was downgraded to Underperform from Perform at Oppenheimer.

Top Small Cap Companies To Buy Right Now: EZchip Semiconductor Limited(EZCH)

EZchip, a fabless semiconductor company, engages in the development and marketing of Ethernet network processors for networking equipment. Its products include network processor chips, evaluation boards and network-processor based systems, and development software toolkits. The company offers network processors for use in forming the silicon core of networking equipment, such as switches and routers; and for voice, video and data integration in various applications. Its network processors are single-chip solutions, which enable its customers to design multi-port line cards, such as processing and classification engines, traffic managers, media access controllers, as well as a range of specialized hardware blocks that accelerate various functions. The company offers Evaluation systems which enable customers to test NPU-based systems; and toolkits that assist customers in creating, verifying, and implementing solutions based on its network processors. It provides a library f eaturing data plane code for a range of applications, which include Metro Ethernet protocols, Multi-Protocol Label Switching, IPv4 and IPv6 routing, Access Control Lists, GPON/EPON OLT functionality, Network Address Translation, and Server Load Balancing. The company sells its products directly, and through contract manufacturers and distributors to network equipment vendors. It markets its products in Israel, China, Hong Kong, the Far East, Canada, the United States, and Europe. The company was formerly known as LanOptics Ltd. and changed its name to EZchip Semiconductor Ltd. in July 2008. EZchip Semiconductor Ltd. was founded in 1989 and is based in Yokneam, Israel.

Advisors' Opinion:
  • [By Jake L'Ecuyer]

    EZchip Semiconductor (NASDAQ: EZCH) was also up, gaining 7.16 percent to $24.11 after a Cisco (NASDAQ: CSCO) announced a new product that would not threaten the company as previously thought. Equities Trading DOWN
    Shares of Cypress Semiconductor (NASDAQ: CY) were down 16.05 percent to $9.91 after the company lowered its Q3 forecast.

Top Small Cap Companies To Buy Right Now: Hot Topic Inc.(HOTT)

Hot Topic, Inc., together with its subsidiaries, operates as a mall- and Web-based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound. Its Hot Topic stores sell music/pop culture-licensed merchandise, including tee shirts, hats, posters, stickers, patches, postcards, books, novelty accessories, CDs, and DVDs; and music/pop culture-influenced merchandise comprising women?s and men?s apparel and accessories, such as woven and knit tops, skirts, pants, shorts, jackets, shoes, costume jewelry, body jewelry, sunglasses, cosmetics, leather accessories, and gift items for young men and women primarily between the ages of 12 and 22. The company?s Torrid stores sells casual and dressy jeans and pants, fashion and novelty tops, sweaters, skirts, jackets, dresses, hosiery, shoes, intimate apparel, and fashion accessories for various lifestyles for plus-size females primarily betw een the ages of 15 and 29. As of July 30, 2011, it operated 636 Hot Topic stores in 50 states, Puerto Rico, and Canada; 145 Torrid stores; and Internet stores, hottopic.com and torrid.com. The company was founded in 1988 and is headquartered in City of Industry, California.

Advisors' Opinion:
  • [By Marshall Hargrave]

    In May True Religion (TRGL) announced a buyout offer from TowerBrook Capital for $826 million. Also in May, Rue21 decided to sell itself to Apax Partners for $2.2 billion. Before that, in March, Hot Topic (HOTT) announced that Sycamore Partners was buying out it out for $600 million.

Top Small Cap Companies To Buy Right Now: Voyager Oil & Gas Inc.(VOG)

Voyager Oil & Gas, Inc. engages in the exploration and production of oil and gas in the United States. It primarily focuses on oil shale resource prospects in Montana, North Dakota, Colorado, and Wyoming. As of May 17, 2011, the company controlled approximately 141,500 net acres in the five primary prospect areas comprising 28,000 net acres targeting the Bakken/Three Forks in North Dakota and Montana; 14,200 net acres targeting the Niobrara formation in Colorado and Wyoming; 800 net acres targeting a Red River prospect in Montana; 33,500 net acres in a joint venture targeting the Heath Shale formation in Musselshell, Petroleum, Garfield, and Fergus counties of Montana; and 65,000 net acres in a joint venture in the Tiger Ridge gas field in Blaine, Hill, and Chouteau counties of Montana. It supplies energy and fuel for industrial, commercial, and individual consumers. The company is based in Billings, Montana.

Friday, December 13, 2013

Top Clean Energy Companies To Own For 2014

RENO, Nev. (AP) -- Apple (NASDAQ: AAPL  ) said it will pay for construction of an 18-megawatt photovoltaic solar plant in northern�Nevada�to provide power for a data center the technology giant plans east of Reno.

The Fort Churchill Solar Array, to be built in Yerington, was included in a filing Monday by NV Energy (NYSE: NVE  ) with the Public Utilities Commission.

Apple announced plans last year to build the data center. The solar generating plant would be located in Lyon County, south of that facility. The solar plant proposal must be approved by state regulators, a process that could take several months.

In a statement, Apple said the solar project would provide renewable energy for the data center and add clean energy to the power grid.

"All of Apple's data centers use 100 percent renewable energy and we are on track to meet that goal in our new Reno data center using the latest in high-efficiency concentrating solar panels," the company said.

Top Clean Energy Companies To Own For 2014: 49 North Resource Fund Inc. (FNR.V)

49 North Resources Inc., through Limited Partnership intends to invest in a portfolio of flow-through shares of resource issuers, who engage in mineral, or oil and gas exploration and development in Canada. It focuses on resource issuers with exploration programs in Saskatchewan. 49 North Resource Fund, Inc. serves as the general partner of the partnership. 49 North Resources Inc. was formed in 2005 and is headquartered in Saskatoon, Canada.

Top Clean Energy Companies To Own For 2014: Fox Chase Bancorp Inc. (FXCB)

Fox Chase Bancorp, Inc. operates as the holding company for Fox Chase Bank that provides financial services to consumers and businesses in Philadelphia and New Jersey. Its deposit products include non-interest-bearing demand accounts, such as checking accounts; interest-bearing accounts, including negotiable order of withdrawal and money market accounts; savings and club accounts; brokered deposits; and certificates of deposit. The company�s loan products portfolio comprises multi-family and commercial real estate loans; one-to four-family residential real estate loans that enable borrowers to purchase or refinance existing homes; commercial and industrial loans offered to professionals, sole proprietorships, and small and mid-size businesses; construction loans comprising adjustable-rate and fixed-rate loans offered to individuals, builders, and developers to finance the construction of residential dwellings, as well as loans offered for commercial development projects, including apartment buildings, restaurants, shopping centers, schools, and other owner-occupied properties used for businesses; and consumer loans, which include home equity loans and lines of credit, loans to individuals to purchase insurance policies, loans secured by certificate of deposits, and unsecured overdraft lines of credit. It also offers cash management services. In addition, the company manages and holds investment securities; and secures, manages, and holds foreclosed real estate. It operates through 11 branches in Philadelphia, Richboro, Willow Grove, Warminster, Lahaska, Hatboro, Media, and West Chester, Pennsylvania; and Ocean City, Marmora, and Egg Harbor Township, New Jersey. The company is headquartered in Hatboro, Pennsylvania.

Advisors' Opinion:
  • [By Tim Melvin]

    To start, Seidman disclosed a position in Fox Chase Bancorp (FXCB), located in Hatboro, Pa. The bank is trading right around book value and has been a holding of mine for some time now. Me. Seidman owns a little over 5% of the bank.

Top 5 Penny Stocks To Own Right Now: Eaton Vance Floating Rate Income Trust (EFT)

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.

Top Clean Energy Companies To Own For 2014: Savaria Corp Com Npv (SIS.TO)

Savaria Corporation designs, manufactures, and distributes accessibility equipment for people with mobility challenges; and elevators for commercial and residential applications. It offers home elevators, including infinity, eclipse, and telecab home elevators; commercial elevators, such as the Orion elevators; B.07 and SL-1000 stair lifts; wheelchair conversions for rear, side, and dual entry systems for personal and commercial needs; Roby mobile tracked systems and automatic sliding doors; and door and gate openers, swing doors, and powered scooters. The company also provides wheelchair lifts, such as multi lift, V-1504, and pro lift vertical platform lifts; and ES-125, delta, omega, S64, and C65 inclined platform lifts. In addition, it offers resources for assisting architects in home and commercial projects; lowered-floor minivans and other vehicles to accommodate wheelchairs; and converts automotive vehicles. The company sells its products through a network of retaile rs. Savaria Corporation was founded in 1979 and is headquartered in Laval, Canada.

Top Clean Energy Companies To Own For 2014: Ditem Explorations Inc. (DIT.V)

Ditem Explorations Inc. engages in the exploration and development of mineral properties in Canada. It primarily explores for uranium deposits. The company�s principal properties are located in the Otish Basin of the Otish Mountains region of north-central Quebec; and the Athabasca Basin of the Athabasca Lake region of northern Saskatchewan. It also owns interest in various rare earth properties located in the Otish Mountain region and North Shore region in Quebec. Ditem Explorations Inc. was incorporated in 1993 and is based in Montr茅al, Canada.

Top Clean Energy Companies To Own For 2014: Alix Resources Corp. (AIX.V)

Alix Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties in North America. It has an option to acquire up to 70% interest in the Golden Zone gold-silver-copper deposit that covers an area of 24,500 acres and is located in the Valdez Creek Mining District, Alaska. The company also has interests in the Money Rock/West Pogo project, which covers an area of 5,439 hectares and is located to the southeast of Fairbanks, Alaska. In addition, it has interests in the Cougar claims that cover an area of 2,550 hectares and are located to the northeast of Prince George in British Columbia, Canada, as well as has an option agreement to acquire a 100% interest in a portfolio of 5 properties in Yukon Territory, Canada. The company was formerly known as NPN Investment Group Inc. and changed its name to Alix Resources Corp. in August 2007. Alix Resources Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.

Top Clean Energy Companies To Own For 2014: Neratelecommunications Ltd (N01.SI)

Nera Telecommunications Ltd designs, engineers, sells, distributes, installs, services, and maintains telecommunication systems and products in transmission networks, and satellite communications and information technology networks. Its Telecommunications segment offers wireless infrastructure network solutions, including in-building, outdoor coverage enhancement, RF access network optimization, benchmarking, 3G/LTE base stations, and point-to-point and point-to-multi-point microwave solutions; and undertakes various projects that comprise planning, designing, installation, commissioning, testing, and post sales support and services for various market sectors, such as ISPs, broadcasters, enterprises, government organizations, offshore, and utilities. This segment also provides satellite communications products comprising land and marine terminals, land earth stations/gateways, broadband satellite networks for B2B applications, satellite airtime, on-board marine service, an d after sales services to satellite service providers, ISPs, government/aid/rescue organizations, enterprises, media, and marine/offshore/oil and gas industries. Its Infocomm segment offers IP network infrastructure products, such as routers, switches, security and application performance products, and access controlling products; digital TV broadcast network infrastructure products, networks, and services to the broadcasters and service providers; and optical network platform solutions to service providers, mobile carriers, business enterprises, multi-service operators, government, transport, and utilities. This segment also provides point-of-sale payment terminals; terminal/application software; and wireless, contact-less, and IP products to network devices. It serves customers in Singapore, Indonesia, Thailand, the Philippines, Vietnam, Malaysia, and other Asian countries. The company is based in Singapore.

Top Clean Energy Companies To Own For 2014: dELIA*s Inc.(DLIA)

dELiA*s, Inc. operates as a direct marketing and retail company in the United States. It offers a collection of apparel, dresses, swimwear, roomwear, footwear, outerwear, and key accessories primarily for teenage girls. The company sells its products through direct mail catalogs, Websites, and mall-based specialty retail stores under the dELiA*s brand name. As of January 29, 2011, it operated 114 dELiA*s retail stores. The company also markets and sells branded junior apparel, dresses, accessories, swimwear, footwear and outerwear primarily to young women through catalogs and Internet under the Alloy brand name. dELiA*s, Inc. was founded in 1997 and based in New York, New York.

Advisors' Opinion:
  • [By Eric Volkman]

    dELIA*s (NASDAQ: DLIA  ) is now a lighter company following the divestment of one of its brand lines. The company announced that it has sold its Alloy subsidiary to HRSH Acquisitions, which is conducting business under the name Alloy Apparel and Accessories. dELIA*s was paid $3.7 million in cash for the unit, and the buyer will assume roughly $3.1 million in liabilities.

  • [By Sean Williams]

    Don't fight history
    Sometimes we just have to remember as investors that there isn't room enough for every company to succeed. Thus enters dELiA*s (NASDAQ: DLIA  ) , an online and mail catalog retailer that markets apparel to teenage girls and young women.