Nike Kicks Up a Dividend: 11 Companies Increasing Dividends

Popular Posts: ADP Delivers Again: 10 Companies Increasing DividendsRethinking the 4% ‘Golden Rule’BBY: Could We See a Quadrupler in Best Buy Stock? Recent Posts: Nike Kicks Up a Dividend: 11 Companies Increasing Dividends ADP Delivers Again: 10 Companies Increasing Dividends Rethinking the 4% ‘Golden Rule’ View All Posts

The week before the Thanksgiving Holiday generally marks a slowdown in activity, but not this week. Ahead of the holiday, athletic apparel giant Nike (NKE) rewarded shareholders with a 12th consecutive annual dividend increase, while paint and coatings king Valspar (VAL) provided a 36th consecutive annual dividend increase for its shareholders.

In total, 11 companies made it on to our Companies Increasing Dividends list. (Note: All dividend yields are as of 11/22.)

Bio-analytical and measurement company Agilent Technologies (A) raised its quarterly dividend 10% to 13.20 cents per share, payable on Jan. 22 to shareholders of record Dec. 31.
A Dividend Yield: 1%

Alcohol manufacturer and distributor Brown-Forman (BF.B) raised its quarterly dividend 13.7% to 29 cents per share, payable on Dec. 27 to shareholders of record as of Dec. 4.
BF.B Dividend Yield: 1.54%

Financial services holding company Chemical Financial (CHFC) raised its quarterly dividend 4.5% to 23 cents per share, payable on Dec. 20 to shareholders of record as of Dec. 6.
CHFC Dividend Yield: 2.98%

Reinsurance and insurance underwriters Everest Re Group (RE) raised its dividend 56% to 75 cents per share, payable on Dec. 18 to shareholders of record as of Dec. 4.
RE Dividend Yield: 1.92%

Automatic temperature control device manufacturer Johnson Controls (JCI) raised its quarterly dividend 16% to 22 cents per share, payable on Jan. 6 to shareholders of record as of Dec. 16.
JCI Dividend Yield: 1.75%

Fine paper manufacturer and distributor Neenah Paper (NP) raised its quarterly dividend 20% to 24 cents per share, payable on Mar. 4 to shareholders of record as of Feb. 14.
NP Dividend Yield: 2.41%

Worldwide athletic apparel and products manufacturer Nike (NKE) raised its quarterly dividend 14% to 24 cents per share, payable on Jan. 6 to shareholders of record as of Dec. 16. The increase marks the 12th consecutive annual dividend increase for NKE.
NKE Dividend Yield: 1.22%

Branded food products distributor Pinnacle Foods (PF) raised its dividend 16.7% to 21 cents per share, payable on Jan. 10 to shareholders of record as of Dec. 2.
PF Dividend Yield: 2.95%

Hot Undervalued Companies To Invest In Right Now

Louisville-based bank holding company S.Y. Bancorp (SYBT) raised its quarterly dividend 5% to 21 cents per share, payable on Dec. 31 to shareholders of record as of Dec. 9.
SYBT Dividend Yield: 2.71%

Coatings and paint manufacturer Valspar (VAL) increased its dividend 13% to 26 cents per share, payable on Dec. 13 to shareholders of record as of Dec. 2. The increase marks the 36th consecutive year the company has raised its annual dividend.
VAL Dividend Yield: 1.45%

Energy infrastructure operator Williams Companies (WMB) raised its quarterly dividend 17% to 38 cents per share, payable on Dec. 30 to shareholders of record as of Dec. 13.
WMB Dividend Yield: 4.29%

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he did not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks' lists of Companies Increasing Dividends.

With Crude Falling, The Time to Buy Oil Stocks Is Now

Popular Posts: With Crude Falling, The Time to Buy Oil Stocks Is NowOil Stocks – Snag SLB & HAL After Stellar EarningsKinder Morgan Shows It’s Still King Recent Posts: With Crude Falling, The Time to Buy Oil Stocks Is Now Oil Stocks – Snag SLB & HAL After Stellar Earnings CLF – Will Earnings Turn Cliffs Stock Around? View All Posts
Wall Street Gurus Agree – Oracle and Cabot Oil are Buys

There's no way around it — the E&P industry in North America is turning out tons and tons of oil.

By fracking regions like the Bakken and Eagle Ford, the oil and gas industry is setting America on a course to energy independence.

Analysts at the Energy Information Administration (EIA) now expect the U.S. to produce an average of 7.5 million barrels a day of oil this year. That number will rise to roughly 8.4 million barrels a day in 2014.

This is certainly great news. Except for one slight problem: It's creating a huge supply glut.

As we've fracked along, inventories have continued to rise. That's a big issue, because American's current demand isn't coming close to using those big inventories. While we still import some oil — mostly from Canada and Mexico — supplies across the U.S. continue to rise. That's managed to push prices from NYMEX traded Texas Tea down below $100 per barrel for the first time in months.

However, they won't stay that way as many long-term catalysts are ready to send prices higher in the future. For investors, the time to buy oil stocks could be on.

WTI at Four Month Lows

West Texas Intermediate (WTI) has fallen had over the last few weeks as demand simply hasn’t kept up with rising inventories. As E&P firms continue to tap our shale resources at a rapid pace, supplies of crude oil in America have risen to record highs.

After being delayed due to the government shutdown, the EIA report for the week ending Oct. 18 showed crude oil supplies expanded by more than 5.2 million barrels. That was more than expected by analysts and pushed inventories to 379.8 million barrels — the highest amount since July and above five-year averages.

What's more important is that those supplies have risen 6.8% — or 24.2 million barrels — in the last five weeks alone.

Given the bearish picture facing WTI, is understandable that prices for American crude oil benchmark would take a hit, all the way past the psychological $100 per a barrel mark. December futures for WTI can currently be had for only $96.40 per barrel. That's the lowest settlement price on the NYMEX for WTI since June.

Overall, WTI futures have slipped about 6% since mid-October.

Better News For Crude Longer Term

While there are plenty of reasons to be sour on WTI crude at the moment, the longer-term picture is still quite rosy for oil producers and oil stocks.

First, drilling costs continue to rise … by a lot. Using of all this high-tech gear in order to frack a well or drill deep offshore is getting downright expensive. According to think tank McKinsey, the inflation-adjusted average cost of starting a new oil well has more than doubled over the past decade. Meanwhile, the most advanced deepwater drilling rigs can cost about $600,000 a day to rent.

These higher and higher costs need to be covered by producers in order to justify drilling in the first place. Oil prices need to be high and if they're not “cutting the mustard,” E&P firms will stop drilling and cut supplies. Think about natural gas just a few months ago. The same scenario will play out in the oil markets.

Secondly, new sources of demand may be at hand. But they aren't coming from here in the U.S.

Currently, it's illegal for producers in the U.S. to export their bounty to nations without free-trade agreements. However, given the huge plethora of supplies and the desire to keep jobs growing, exports could be a thing of the future. Already, several CEO's of energy companies shave begun drumming up support for the idea and analysts estimate that the U.S. will begin exporting crude within a few years.

That will once again make WTI an international benchmark and with that prestige comes more global demand and higher prices.

The Time To Buy Oil Stocks Is Now

With WTI falling, investors are being given an early Christmas present — an opportunity to buy energy stocks. As crude has fallen, so have share prices for several producers like EOG Resources (EOG) and Cabot Oil & Gas (COG) … although both oil stocks have regained a sliver of those losses so far today.

Given the longer-term picture, the markets are giving portfolios are great chance to re-up exposure to oil stocks. Of course, an exchange-traded fund remains the easiest way to buy oil stocks.

Fellow InvestorPlace contributor Lawrence Meyers recently recommended the Energy SPDR (XLE) as good ETF to hold for life. I like the pick and you could certainly do worse, but my personal favorite way to play WTI crude would be the iShares U.S. Energy ETF (IYE).

The ETF tracks 82 domestic energy firms across all sub-sectors of the industry. This provides exposure to the E&P players, refiners, midstream and oil service stocks. There are even a few alternative energy names — such as First Solar (FSLR) — as well. The fund also provides exposure to faster growing small- and mid-cap players. That gives investors an opportunity to play the current low price situation (the refiners will have juicer margins) to the high (the producers will be better).

That diverse focus has allowed the fund to rack up some impressive annual returns of 14.18% over the last 10 years. Fees run a cheap 0.45%, or $45 per $10,000 invested.

All in all, the current low price market for WTI crude won't stay this way forever. That means investors should run, not walk, into energy and oil stocks. The iShares U.S. Energy ETF is the best domestic way to do that.

As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities.

For JCP Stock Holders, Proposed Poison Pill Isn’t Worth It

Popular Posts: 5 Tech Stocks With Electric Dividend YieldsMedical Devices: 5 Healthcare Stocks to BuyMore U.S. Companies Realize China Isn’t Worth the Trouble Recent Posts: For JCP Stock Holders, Proposed Poison Pill Isn’t Worth It Medical Devices: 5 Healthcare Stocks to Buy Amazon Earnings Preview: Can New Projects Boost AMZN Stock? View All Posts

The good news coming out of JCPenney (JCP) right now? JCP has taken steps to make it so an outsider can’t buy a huge chunk of the company, gain a controlling interest on the Board of Directors and install an all-new management team.

The bad news — especially for JCP stock holders? Those same defensive steps will make it so an outsider can’t buy a huge chunk of the company, gain a controlling interest on the Board of Directors and install an all-new management team.

Yes, you read that right. The latest proposed update of the JCPenney poison pill could be considered a blessing or a curse, depending on which side of the JCP fence you sit on.

In a lot of ways, though, this sure-to-be debated issue is going to do something beneficial for everyone with a stake in JCPenney  stock (long or short): It’s going to force JCP shareholders to commit for the long haul or bail out … and it’s going to force the current management team and current Board of Directors to prove they can do the job or leave their post.

In other words, one way or another, the end of the JCP saga is now in sight.

The JCP Poison Pill Makes Sense…

If you’re not sure what’s going on, here’s the quick and dirty version: JCP is close to insuring it won’t suffer a takeover like the one that allowed activist investor Bill Ackman to name Ron Johnson as CEO. Remember, that move pushed the department store to the brink of collapse and slaughtered the JCPenney stock price.

How is JCPenney trying to prevent a repeat disaster? By threatening a painful amount of dilution for any single person’s or entity’s stake that exceeds 4.9% of the total number of shares of JCP stock — a strategy referred to as a “poison pill.”

The onus for the new, lower cap on the size of the permissible stake (the prior poison pill allowed for up to a 10% stake in JCP stock) is founded on a tax rule described in Section 382 of the Internal Revenue Code. In simplest terms, any major change in the company’s ownership could mean part or all of $2 billion worth of tax-reducing losses the corporation could use to offset any future profits may be forfeited.

So on the surface, the poison pill does seem like a smart fiscal move for JCP. After all, things have been inordinately tough for the retailer, and anything that can ease its burden for the first $2 billion worth of net profits would be a welcome relief as JCPenney continues to walk its recovery path.

There’s just one little detail included with the proposed limitation, however, that should concern current JCP stock holders.

… Except That You Have To Get Married To It

Reducing taxable income is a good thing. And if doing so means nobody can become a huge stakeholder in the company … well, that’ll just have to be something JCPenney stock holders learn to like. The board’s proposal as it stands right now, however, will keep the ownership restriction in place for three more years.

So for JCP stock investors, that’s three more years of nobody from the outside being allowed in. Ergo, realistically, that’s three more years of the current Board of Directors, which in turn means three more years of the same management team, the same dated strategies and possibly the same lack of success … with nary a chance of some much-needed personnel changes at the top of the JCPenney hierarchy.

In other words, should JCP shareholders approve the proposal at May’s shareholder meeting, it’s tacitly a bet on the current management team and the current turnaround plan … with a generous three-year timeframe to produce said turnaround for the struggling retailer.

All of a sudden, that $2 billion worth of tax write-offs for JCPenney doesn’t seem nearly as important. Why? Because the poison pill also means it would be impossible for a legitimate retail turnaround artist to be placed somewhere on the Board of Directors, or better yet, within the ranks of JCPenney management.

Indeed, an approval of the updated poison pill proposal is a bet on things just as they are right now at JCP … for better or worse.

The Bottom Line for JCP Stock Holders

Perhaps it won’t matter. In fact, if JCPenney is on the right track, it shouldn’t matter, as the turnaround will have taken hold by 2017.

Given the precarious position JCP is already in, though, it’s conceivable that the retailer will need to raise money through a secondary offering, and/or need the capital and expertise (or management) that only a private equity firm can offer. If a major buyer or capital provider can’t own a meaningful chunk of JCP stock, however, they’re not apt to pony up any resources.

That could be the end of JCPenney.

As was noted, the poison pill proposal will be up for shareholder vote at the annual meeting in May. Hopefully JCP stock investors will take a step back and see the bigger picture before making a restrictive decision.

As of this writing, James Brumley did not hold a position in any of the aforementioned securities.

British Petroleum - Gaining Momentum

I have been buying British Petroleum's (BP) shares for over a year but the stock, which is now up by 10.2% year to date, largely underperformed the S&P 500 index and most of its peers in the oil & gas industry. That said, the market sentiment seems to be finally turning thanks to better than expected results and management's promise of giving back more cash to shareholders. Let's take a look at this quarter's results and let's try to make an educated guess on what might be coming up in the future.

Earnings Well Above Expectations

British Petroleum is finally starting to shine. Adjusted earnings were down by "just" 28% year over year at $3.7 billion. This means that the company could generate earnings per ADR of $1.17, which was well above market consensus, at just $0.96 per ADR. The reasons can be found in a lower tax rate and good upstream results explained by higher prices.

Even when production was down by 2%, realization prices were up by 4% at $67.4 per barrel of oil equivalent (boe). Downstream was, by far, the weakest link of all. Downstream earnings declined aggressively by 76% year over year due to lower margins and the sale of two refineries in the U.S. As a matter of fact, earnings were 74% upstream, 14% Rosneft and 12% downstream. Earnings were good but they are still a reflection of a company that is trying to reshape itself.

Top 5 Companies To Buy Right Now

The Future Ahead

British Petroleum has once again reassured investors that its committed to invest in order to re-build itself. The company issued a 2014 capex guidance of $24 billion to $25 billion and will complete 15 to 20 deep water exploration wells this year alone. Besides, in order to strengthen its downstream portfolio, British Petroleum plans to start up its Whiting refinery very soon, which is not a detail since the refinery is expected to generate annual cash flows of well over $1 billion.

A! ll the facts stated above were expected by the market but what the market was not expecting was British Petroleum's plan to further sell more than $10 billion of its assets through 2015. More importantly, the sale proceeds will be used to boost the company's share buyback plan – during this quarter, the company used $1.3 billion out of its $7 billion operating cash flow to fund buybacks. On top of this, British raised its quarterly dividend by 6%.

I strongly believe that for the foreseeable future British Petroleum will continue on this track of increasing dividends and buybacks as cash flows grow thanks to higher and more profitable production rates.

Valuation

British Petroleum's stock still remains undervalued. I think the sell-off that occurred after the platform explosion on April 2010 is still weighing on the shares. As a matter of fact, the company trades at just 8.1 times 2014 earnings and 1.1 times its book value. Meanwhile, other oil majors such as ExxonMobil (XOM) and Chevron (CVX) sell for considerably higher valuation levels. ExxonMobil trades at 11 times 2014 earnings and 2.3 times its book value while Chevron trades at 11.7 2014 earnings and 1.6 times its book value.

I will stay long British Petroleum's shares. In the meantime, I can enjoy the company's 5% cash dividend yield – ExxonMobil and Chevron pay 2.84% and 3.33%, respectively.

Oh, That Washington Show

Perhaps Mark Twain said it best: “Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.”

A partial shutdown of the federal government, the first since 1996, took effect on Tuesday. Some 800,000 government workers were furloughed. The extent of the negative impact on the economy is unclear.

In recent years, Congress has largely lost its ability to legislate and has abandoned its traditional budget/appropriations process. After three years of “kicking the can down the road” with last-minute deals that failed to address underlying problems, Congress finally so far has chosen not to do even that much this time around.

The ongoing White House policy of “leading from behind” requires no additional comment.

The bigger deadline and challenge will come later this month: the need to raise the nation’s debt limit.

The US Treasury says Congress must raise the federal borrowing limit, currently $16.7 trillion, by Oct. 17. Otherwise it will have just $30 billion left to fund government operations. Analysts say that amount could last for one or two weeks.

The continual self-absorption and air of crisis that now accompanies the basic tasks of governing have grown increasingly tiresome. Sadly, that in turn breeds indifference and detachment.

At least, that seems to be the message of the financial markets. After all, we’ve seen the Washington show all too many times. As of the close yesterday (Thursday), the Standard & Poor’s was down just 2.7 percent from its Sept. 18 high. And a pullback at this point, whatever the ostensible cause, is quite reasonable after the S&P 500′s 17.7 percent gain so far in 2013.

There’s precedent for a government shutdown. There have been 17 since 1977, according to the Congressional Research Service. Most have lasted one to three days. The longest ! was 21 days, in 1995-96.

But there’s no precedent for default.

A Treasury Dept. report this week said that if the debt ceiling isn’t raised or suspended, the impasse could cause credit markets to freeze, the dollar to plummet and interest rates to rise sharply. A default could potentially result “in a financial crisis and recession that could echo the events of 2008 or worse,” said the report.

It’s unclear whether that would really happen. But it’s widely agreed, both inside and outside the Beltway, that the consequences of a default could be severe. The willingness of the US government to even consider not paying its debts on time adds an element of political instability.

September, historically the worst month for stocks, turned out pretty well, with the S&P 500 rising 3 percent. This happened despite the uncertainties that loomed as the month began. These primarily concerned what the Federal Reserve would do regarding its $85-billion-per-month bond-buying program and the potential for a US military strike against Syria. But the Fed did nothing and the Syria strike was avoided.

Now October looms, with one significant threat: our politicians in Washington, DC. Moreover, October historically has been a month of some dramatic declines, notably the crashes of 1929 and 1987 plus the 17 percent drop of 2008.

But here’s another perspective. Since 2010, the bull market has been interrupted six times. Three of its significant pullbacks have been related to the European financial crisis. The other three came because of the political dysfunction in Washington.

In the spring of 2010, it was the fight over passage of the Affordable Care Act (also known as Obamacare). In the summer of 2011, it was the histrionics over lifting the debt ceiling and the first-ever credit downgrade of US government debt. Late last year, it was the uncertainty over the presidential election and then the battle over the so-called fiscal cliff.
If! history is a guide, we might see a significant market pullback amid the latest Washington crisis. But the historical precedent also points to an excellent buying opportunity if that occurs.

In any event, these troubles will pass.

Stocks Sink On Taper Jitters; Caterpillar Weighs On Dow

There's no pleasing some markets. While investors rejoiced over the Fed's decision not to dial back its bond purchases earlier this week, today their anxiety over the delay sent stocks lower.

Markets began the day modestly lower in mixed trading Friday, but selling accelerated by midday and all three major indexes were down at the close.

The Dow Jones Industrial Average was off 185.46 points, or 1.2%, to 15,451.09.

The Nasdaq fell 14.66 points, or 0.4%, to 3,774.73.

The S&P 500 lost 12.43 points, or 0.7%, to 1,709.91.

Nonetheless, all three indexes are in the black for the week, their third consecutive week of gains.

With no major economic news, investors were left digesting the Federal Reserve's decision not to taper, and are apparently souring on the temporary reprieve, as speculation once again begins about when the central bank will finally pull back its asset purchases. The market also has an eye on Germany's elections on Sunday.

Caterpillar (CAT) ended down after announcing that global sales from its dealers fell in the last three months.

Coal stocks like Arch Coal (ACI), Peabody Energy (BTU), and Walter Energy (WLT) tumbled on new emissions proposals from the government.

Best Tech Companies To Invest In Right Now

AK Steel (AKS) dropped on its downbeat third-quarter forecast.

Sarepta Therapeutics (SRPT) was one winner, gaining 18%, but only at the expense of rival Prosensa Holding NV (RNA), which sank on news that its Duchenne muscular dystrophy treatment missed Phase III trial targets.

TGT Stock Is Sliding Into Value Territory

Target (TGT) has been all over the news in the past few months, as a breach in the retailer’s security led to the hacking of information for 110 million credit card holders between Nov. 27 and Dec. 15, which in turn has haunted TGT stock.

As you can see from the chart below, TGT stock has fallen about 12% since the news, falling from a recent high of 67 to a 52 week low Thursday of 58.26, before rebounding to finish at $58.65. Most recently, Cowen and Co. downgraded TGT stock from “market perform” to “underperform” and slashed its target price (no pun intended) from $66 to $47 — at the time, a 20%-plus discount to Target’s stock price.

One of the main fears is that a loss of confidence among Target’s customers could cause sales to further decline, adding to a weaker bottom line for TGT.

In addition, analysts are now speculating that Target might have to suspend its share buyback program to meet new costs from the data breach. Up to 40 million credit cards might need to be replaced, and about 50,000 point-of-sale systems at cash registers could also need replaced. also need replacement.

However, Target is denying that it will discontinue its buyback program. Target spokesman Eric Hauseman said:

"We remain committed to share repurchase over time and have consistently maintained that we will govern the pace of repurchases with the goal of maintaining our strong A credit rating."

He also said Target's approach to providing dividends for TGT stock hasn't changed. Target has raised its dividend consistently since the 1970s.

To counteract the bad publicity generated by the news, Target has been aggressively marketing itself with daily news briefings and statements. TGT recently offered free credit monitoring services to customers for whom they have an e-mail address, and gave 10% off on all sales over an entire weekend.

And Still, There’s a Bullish Case for TGT Stock

Hot Biotech Stocks To Own Right Now

Every great professional athlete — whether it's a Michael Jordan, Tiger Woods or Wayne Gretzky — has an occasional slump or injury that prevents them from performing at their usual capacity. One of the traits that distinguish the great ones from the rest is their ability to bounce back from adversity and excel once again.

The same is true for great companies and their stocks. Many of the biggest stars of the corporate world have seen their stocks temporarily crumble for one reason or another over time. For instance, in 2010 we saw Toyota Motors (TM) crushed from $92 to $67 per share after faulty accelerator pedals triggered a massive recall. Yet four years later, TM stock has almost doubled to $120 a share.

Investors who take advantage of opportunities such as that one usually are rewarded with huge long-term gains, and I see no reason why TGT stock won't fall into the same category over time.

TGT stock currently sports a modest 15 P/E, and its recent share-price suffering has driven the dividend yield to nearly 3%. And while Target’s recent decision to stop providing health insurance to about 35,000 part-time workers might not make it popular with employees, it will be a huge cost-cutting measure, which will support the stock price.

In addition, Target, which already cut 700 unfilled positions over the past six months, has just announced that they will be laying off an additional 475 workers, with most of those employed at their Minneapolis headquarters.

The most important thing for investors is to not rush in and grab shares just yet. It is possible that we will see more analyst downgrades on TGT stock, or more bad news, and Target does have an earnings report coming out on Feb. 26. The bad publicity broke right before Christmas, and Target has already stated that holiday sales were adversely affected.

However, after February — and especially if the earnings report is negative — I see TGT stock as providing investors with a solid long-term play, especially with that dividend yield now near 3%. Consumers' memories aren’t very long, and in time — just like with Toyota — most of Target’s consumer base should regain confidence in the company’s stores. Don’t expect a long-term migration toward Walmart (WMT) just because of this.

There is recent support for TGT stock at $57.50, and below that around $55. However, if the earnings report is much worse than expected, the Cowen target price of $47 is entirely possible. On the upside, that would return Target stock to a much stronger support level from two years ago.

So investors should make a note on their calendars to revisit TGT stock, and look to possibly grab shares at the beginning of March. If they do, I believe they will be amply rewarded for their patience for a long time to come.

As of this writing, Ethan Roberts did not hold a position in any of the aforementioned securities.

$5 Million Is the New $1 Million: Can You Make It to 'Wealthy'?

Getty Images Not so many years ago, having $1 million may have been enough for someone to be labeled wealthy. Not anymore. According to a recent survey of investors by UBS Investor Watch, it now takes $5 million in investable assets (with about 20 percent of that in cash -- or highly liquid investments like CDs or money market funds -- for emergencies) for a person to feel wealthy and enjoy "no financial constraints." But what does it take to actually get there? To achieve a portfolio totaling $5 million may sound like a lofty goal. And it is for the average worker. For example, let's see what would be required for a 22-year-old who starts his career with a $50,000 salary to get to $5 million. That's not so much higher than the average starting salary for a college grad in 2012 -- $44,259 -- but we're about to make few the grandiose assumptions: First, that he saves (and invests) half of his salary and earns 10 percent annual returns on that money. Next to make his chances even better, we'll assume he gets 5 percent annual raises. Here's the projected growth of his portfolio:

Age Portfolio size

30	$303,231
40	$839,823
50	$1,713,875
60	$3,137,613
70	$5,456,733

He wouldn't cross the $5 million threshold until his 69th birthday. Yet how realistic is it to expect above-average annual raises and the ability to save 50 percent of your pre-tax pay? Not very. Let's also look at a woman who starts building her portfolio in her 30s. Maybe she has an advanced degree (from law school, for example) and starts her career making $150,000 a year with 10 percent raises each year. She manages to save 30 percent of her salary. Let's also assume she is an ace investor and achieves 20 percent annual returns. (Returns like that are quite high, but remember, this is hypothetical.) Here's what her portfolio might look like: Age Portfolio size

40	$485,954
50	$1,272,599
60	$2,769,336
70	$5,765,994

Crazy, huh? Roughly the same trajectory. And again, quite an improbable scenario. So What's the Secret to Hitting $5 Million While You're Young Enough to Enjoy It? Obviously, there are people who do reach this $5 million net worth before their 70th birthday. You might assume these pentamillionaires got a nice head start by inheriting their wealth. And you're right -- some do. But that only accounts for about 20 percent of folks, according to . According to research cited in , a fair chunk of the $5 million-plus crowd is made up of senior corporate executives and entrepreneurs (17 percent and 12 percent, respectively). While that's interesting, it's not necessarily helpful for those of us who aren't hot-shot executives or heirs of multiple millions of dollars. So $5 million might be out of reach for the typical American worker. But... you don't need to aim for that goal to ensure a stable retirement on a seven-figure portfolio. You see, despite what the investors queried for the UBS study feel, retiring with $1 million is very much a reasonable goal for most of us to achieve financial comfort. And -- even better -- it's entirely within reach. Here's How ... Let's take similar scenarios to those outlined above and put it in much more realistic terms. First up is the 22-year-old fresh out of college making $45,000 a year (the average starting salary for 2013 graduates). He'll receive 3 percent annual raises, religiously save 10 percent of his salary, and get annual returns of 7 percent (a bit below the market's average of 10 percent). His portfolio would be worth over $1 million before his 57th birthday. If he works until he's 65, he'll have more than $1.9 million saved. Next let's look at the 30-year-old woman who just graduated law school. She starts off making $71,500 a year (the average salary for a first-year associate according to Robert Half Legal). She too receives 3 percent annual raises, saves 10 percent of her salary, and gets annual returns of 7 percent. Her portfolio would be worth over $1 million before she turns 60. And working until age 65 would bring her a portfolio of more than $1.6 million. Not Too Bad! But You Can Do Even Better It's also important to note that there are some positive factors that we didn't even include in the estimates above. First, we assumed these individuals invested a fixed 10 percent each year. But there may be some years you'll be able to invest even more using bonuses, tax refunds, etc. This would get you to the $1 million mark even quicker. Second, our scenarios assume flat 7 percent annual returns. Maybe over the course of your career, the market enjoys a bullish run and your returns are better than that, thus enabling you to achieve the $1 million goal sooner. Lastly, we only assumed they saved 10 percent of their pay. For many of us, our employers also contribute to our retirement plans with matching contributions up to a certain point. That alone could enable you to save an additional 3 percent each year without any additional belt tightening. Using our examples above, this employer retirement perk lowers the first saver's $1 million crossing party to before his 53rd birthday, and the woman's $1 million mark to before her 57th birthday. So although $5 million may not be within reach for "the rest of us," saving more than $1 million definitely is. And it's no more difficult than taking a disciplined approach to saving -- and investing -- a fixed percentage of your salary.

"We're taught to save, but we end up without enough money," says Siebold. "The average income per person in 2012 was $38,000. If you save 10 percent, you'll have $3,800 at the end of the year. That's not a model for wealth-building, and you'll never get rich that way."

Best Value Stocks To Buy Right Now

In a statement today, HP� (NYSE: HPQ  ) said that it's added three new members to its board, increasing the total to 12 now.�

Starting today, the following new members will be added:

Robert R. "Dob" Bennett, former president and CEO of Liberty Media, will become a�member of the Finance and Investment Committee and the Audit Committees. Raymond E. Ozzie, former chief software architect of Microsoft�and founder of Talko, will be a part of the�Technology Committee and the Finance and Investment Committee. James A. Skinner, former vice chairman and CEO of McDonald's and current chairman of Walgreen Company, will join the�Audit, HR and Compensation, and Nominating and Governance Committees.

Ralph V. Whitworth, iterim chairman of the HP board, said in the release:

Dob, Ray and Jim bring tremendous capital allocation, technological, operational and leadership expertise and experience to the table. I'm confident they will make enormous contributions as we support Meg and her team in rebuilding HP by better serving our customers, strengthening our partnerships and building value for our shareholders.

Best Value Stocks To Buy Right Now: Tupperware Corporation(TUP)

Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force. The company engages in the manufacture and sale of kitchen and home products, and beauty and personal care products. It offers preparation, storage, and serving solutions for the kitchen and home, as well as kitchen cookware and tools, children?s educational toys, microwave products, and gifts under the Tupperware brand name primarily in Europe, Africa, the Middle East, the Asia Pacific, and North America. The company provides beauty and personal care products, which include skin care products, cosmetics, bath and body care, toiletries, fragrances, nutritional products, apparel, and related products principally in Mexico, South Africa, the Philippines, Australia, and Uruguay. It offers beauty and personal care products under the Armand Dupree, Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo, and Swissgar de brand names. The company sells its Tupperware products directly to distributors, directors, managers, and dealers; and beauty products primarily through consultants and directors. As of December 26, 2009, the Tupperware distribution system had approximately 1,800 distributors, 61,300 managers, and 1.3 million dealers; and the sales force representing the Beauty businesses approximately 1.1 million. The company was formerly known as Tupperware Corporation and changed its name to Tupperware Brands Corporation in December 2005. The company was founded in 1996 and is headquartered in Orlando, Florida.

Advisors' Opinion:

• [By Monica Gerson]

  Tupperware Brands (NYSE: TUP) is expected to report its Q3 earnings at $1.03 per share on revenue of $623.34 million.

  Varian Medical Systems (NYSE: VAR) is projected to post its Q4 earnings at $1.12 per share on revenue of $779.02 million.

• [By Ben Levisohn]

  Shares of Herbalife have gained 0.9% to $79.51 this morning in pre-open trading. Its shares have gained 139% this year, a nice gain, but lagging Nu Skin Enterprises 271% rise. Avon Products�(AVP), another multi-level marketer, has gained 21% so far this year, while Tupperware Brands�(TUP) has risen 49%.

Best Value Stocks To Buy Right Now: Dollar Tree Inc.(DLTR)

Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise primarily at the fixed price of $1.00. The company operates its stores under the names of Dollar Tree, Deal$, Dollar Tree Deal$, Dollar Giant, and Dollar Bills. Its stores offer consumable merchandise, including candy and food, and health and beauty care, as well as household consumables, such as paper, plastics, household chemicals, in select stores, and frozen and refrigerated food; variety merchandise, which includes toys, durable housewares, gifts, party goods, greeting cards, softlines, and other items; and seasonal goods, such as Easter, Halloween, and Christmas merchandise. As of April 30, 2011, it operated 4,089 stores in 48 states and the District of Columbia, as well as 88 stores in Canada. The company was founded in 1986 and is based in Chesapeake, Virginia.

Advisors' Opinion:

• [By Paul Ausick]

  Dollar General�� share price is up less than 6% in the past 12 months, but since the beginning of the year shares have risen more than 22%. And even then, Dollar General�trails Dollar Tree Inc. (NASDAQ: DLTR) in share price growth since January 1. Dollar Tree stock is up 30%.

• [By Jacob Roche]

  With the economy starting to improve, you might think Dollar Tree's (NASDAQ: DLTR  ) fortunes will reverse. The deep discounter provided unemployed and lower-income consumers a safe place in the storm, but with the economic weather clearing up, it would be reasonable to expect consumers to venture out again to higher-end retailers. However, that assumption would be wrong.

• [By Victor Reklaitis]

  Today�� movers & shakers: Retailers have dropped in the wake of disappointing quarterly results or outlooks. Target Corp. (TGT) �was down 4% after posting weaker margins and earnings at its U.S. business, while Dollar Tree Inc. (DLTR) �dropped 4% after its earnings fell in the third quarter. Read more in the Movers & Shakers column.

• [By John Maxfield]

  If you're anything like me, two things went through your head when you saw this. First, you regret that you missed out on the investment opportunity. Since the end of 2009, shares in all three of these companies, led by Dollar Tree (NASDAQ: DLTR  ) , have simply trounced the broader market. Even the worst performer of the bunch, Family Dollar (NYSE: FDO  ) , beat it by nearly a factor of two.

Top Consumer Stocks For 2015: Schlumberger N.V.(SLB)

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company?s Oilfield Services segment provides exploration and production services; wireline technology that offers open-hole and cased-hole services; supplies engineering support, directional-drilling, measurement-while-drilling, and logging-while-drilling services; and testing services. This segment also offers well services; supplies well completion services and equipment; artificial lift; data and consulting services; geo services; and information solutions, such as consulting, software, information management system, and IT infrastructure services that support oil and gas industry. Its WesternGeco segment provides reservoir imaging, monitoring, and development services; and operates data processing centers and multiclient seismic library. This segment also offers variou s services include 3D and time-lapse (4D) seismic surveys to multi-component surveys for delineating prospects and reservoir management. The company?s M-I SWACO segment supplies drilling fluid systems to improve drilling performance; fluid systems and specialty tools to optimize wellbore productivity; production technology solutions to maximize production rates; and environmental solutions that manages waste volumes generated in drilling and production operations. Its Smith Oilfield segment designs, manufactures, and markets drill bits and borehole enlargement tools; and supplies drilling tools and services, tubular, completion services, and other related downhole solutions. The company?s Distribution segment markets pipes, valves, and fittings, as well as mill, safety, and other maintenance products. This segment also provides warehouse management, vendor integration, and inventory management services. Schlumberger Limited was founded in 1927 and is based in Houston, Texas.

Advisors' Opinion:

• [By Teresa Rivas]

  As for companies with the most upside, Marathon Petroleum (MPC) tops the list, with 63.6%, followed by Autodesk (ADSK), Ventas (VTR), salesforce.com (CRM) and American Tower (AMT). Outside the top five, the list also includes big names like Schlumberger (SLB), Halliburton (HAL), Expedia (EXPE) and General Motors (GM).

Best Value Stocks To Buy Right Now: Caterpillar Inc.(CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The Machinery business offers construction, mining, and forestry machinery, including track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, skid steer loaders, underground mining equipment, tunnel boring equipment, and related parts. It also manufactures diesel-electric locomotives; and manufactures and services rail-related products and logistics services for other companies. The Engines business provides diesel, heavy fuel, and natural gas reciprocating engines for Caterpillar machinery, electric power generation systems, marine, petrol eum, construction, industrial, agricultural, and other applications. It offers industrial turbines and turbine-related services for oil and gas, and power generation applications. This business also remanufactures Caterpillar engines, machines, and engine components; and offers remanufacturing services for other companies. The Financial Products business provides retail and wholesale financing alternatives for Caterpillar machinery and engines, solar gas turbines, and other equipment and marine vessels, as well as offers loans and various forms of insurance to customers and dealers. It also offers financing for vehicles, power generation facilities, and marine vessels. The company markets its products directly, as well as through its distribution centers, dealers, and distributors. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.

Advisors' Opinion:

• [By Dan Caplinger]

  6. Caterpillar (NYSE: CAT  ) posted much uglier numbers yesterday, with a 16% drop in revenue driving a much larger 43% decline in earnings per share. Cutting its full-year earnings guidance by $0.50 to $6.50 took its toll on the stock, and further weakness today brought Caterpillar's post-earnings share-price drop to 4%. As long as commodity prices remain subdued and China doesn't heat up with greater levels of construction activity, Caterpillar will likely remain down.

• [By Dan Caplinger]

  Caterpillar (NYSE: CAT  ) , down 1.1%
  For Caterpillar, the past two months have been quite volatile, with the stock having dropped about 10% only to recover nearly all of that lost ground more recently. Just before earnings, Caterpillar took a big hit when the bottom fell out of the gold market, as gold prices fell more than $140 in a single day. The impact of gold's decline on its mining equipment business could be huge, as miners struggling with much narrower margins will have less money to spend on capital expenditures for Caterpillar equipment. Yet since then, macroeconomic moves to bolster world growth, including rate cuts from the European and Australian central banks, have given investors hope that commodities will bounce back and that mining activity will resume. Now, Caterpillar just needs to see that turn into a reversal of horrendous sales trends in recent months.

• [By Blake Bos]

  Caterpillar (NYSE: CAT  ) came in only just slightly below analyst estimates this quarter, but in the video below, Motley Fool industrials analyst Blake Bos tells investors why short-term quarterly earnings are far from the real story. Blake gives investors a clear picture of Caterpillar's continuing problem with high inventory levels, and he shines a light on the inventory mismanagement that has led to Caterpillar's awful days inventory outstanding numbers. The stock has ticked up recently due to the expectation that these inventory issues should be clearing up ��Blake tells investors exactly where to look to know if that narrative is really playing out.

General Partners Hold a Winning Hand

Last week we held the monthly joint web chat for subscribers of The Energy Strategist (TES) and MLP Profits. The chat is conducted by Igor Greenwald, who is managing editor for TES and chief investment strategist for MLP Profits, and myself.

We got to most of the questions during this session, but there were a few that required an extended answer, or a bit more research. Of the remaining questions, there were about twice as many specific to MLPs versus those that pertained to conventional energy sector corporations. Below I will address most of the remaining MLP questions from the chat. For questions that weren’t MLP-specific, see this week’s issue of The Energy Letter.

Q: Are the general partner units always the best to hold for long term gains and MLP units for current income?

This question really piqued my interest. Intuitively, I felt like it was probably true, but I didn’t want to answer the question until I could dig into it a bit more. I thought it would be interesting to have a look at the historical performance of a few publicly-traded general partners versus their limited partner to find out if that hypothesis is supported.

Consider Kinder Morgan Energy Partners (NYSE: KMP) and its general partner Kinder Morgan  (NYSE: KMI). Over the past year, KMI did indeed outperform KMP, but if we track performance back to the IPO of KMI on Feb. 10, 2011 — KMP outperformed KMI during significant time periods. But both generally tracked each other quite closely in terms of returns.


Next consider Energy Transfer Partners (NYSE: ETP) and Energy Transfer Equity (NYSE: ETE), which owns the general partner and went public in 2006. ETE has significantly outperformed ETP since its IPO, particularly over the past four years:

But it is important to note that ETE also has interests in Sunoco Logistics Partners (NYSE: SXL) and Regency Energy Partners (NYSE: RGP).

Finally, consider NuStar Energy (NYSE: NS) and its general partner NuStar GP Holdings (NYSE: NSH). Like ETE, NSH went public in 2006 and has also significantly outperformed its limited partner since:

5 Best Medical Stocks To Buy For 2014

The vast majority of partnerships don’t have a publicly-traded GP. But in each of these three cases in which the GP is publicly traded, the GP tends to outperform the LP units on long-term gains, an advantage somewhat offset by the typically higher LP yield.

General partners tend to benefit in the long run from incentive distribution rights due from the partnership they manage, which entitle them over time to a rising proportion of the affiliate’s cash flow as it grows, and also, notably, every time the affiliate issues equity

However, there are time periods in all three cases where the LP outperformed on capital appreciation, so your mileage may vary. It will certainly vary with the particulars of the incentive distribution rights, the growth rate and the GP’s other interests.

Q: Is there any tax reason to not hold MLPs in private foundations?

There are additional tax reporting rules for MLPs in private foundations and IRA accounts. Some financial advisors recommend avoiding direct ownership of MLPs in these types of accounts, and instead purchasing an investment vehicle that owns MLPs, or an MLP that has chosen to be taxed as a corporation, in order to avoid the extra tax hassle. If I were seriously considering buying an MLP for a private foundation, I would first consult a tax attorney or a good CPA with experience in these issues.

Q: What are your thoughts on APU?

AmeriGas Partners (NYSE: APU) is the country’s largest retail propane marketer, serving some 2 million customers in all 50 states from approximately 2,100 distribution locations. Units initially dropped about 6 percent last week when an affiliate of Energy Transfer Partners announced a public offering of the 8 million AmeriGas common units that it currently holds. The units yield 7.9 percent, and AmerGas has done a good job of growing distributions over time. The biggest concern is that demand for propane had declined before the recent upswing due to increasing efficiency in buildings and appliances, as well as from customers switching to competing fuels like natural gas. This has led to inconsistent distributable cash flow (DCF), and in 2012 the partnership experienced a shortfall in its distribution coverage.

AmeriGas Partners distribution metrics. Source: APU Investor Presentation.

Nevertheless, the partnership’s growing distribution per unit has been impressive, and company guidance indicates another solid year after a good 2013. The market has been lukewarm toward AmeriGas, as its yield indicates, on perceptions of declining market share and weak propane prices. But propane prices have rebounded in recent months on stronger agricultural and export demand, while APU continues to deliver as promised. The units look very tempting at the current price and yield.

Q: Please comment on Legacy Reserves. It seems to be marching in place.

Among the non-variable MLPs, the upstream MLPs had the worst performance of any subsector in 2013. The upstream group was up about 10 percent as a whole, while the Alerian MLP Index returned 28 percent. Legacy Reserves (Nasdaq: LGCY) actually returned about 14 percent for the year, well above the upstream average. But most of that gain took place in the first quarter of 2013, and then for the rest of the year units traded in a pretty tight range.

Legacy appears to be among the better managed upstream MLPs. The partnership recently recorded its 12th consecutive increase in the distribution, which puts the annualized yield at 8.4 percent. The distribution coverage was solid at 1.3x, and debt remained modest relative to cash flow. Analysts were pleased with the latest quarter, and barring a complete collapse in the price of oil, Legacy should have no problem continuing to grow distributions.

Next week I will address two remaining MLP-related questions that actually entailed seven different partnerships.

(Follow Robert Rapier on Twitter, LinkedIn, or Facebook.)

Earnings Scheduled For January 21, 2014

Baker Hughes (NYSE: BHI) is expected to report its Q4 earnings at $0.61 per share on revenue of $5.68 billion.

Johnson & Johnson (NYSE: JNJ) is projected to report its Q4 earnings at $1.20 per share on revenue of $17.95 billion.

Verizon Communications (NYSE: VZ) is expected to report its Q4 earnings at $0.65 per share on revenue of $31.02 billion.

Delta Air Lines (NYSE: DAL) is estimated to report its Q4 earnings at $0.63 per share on revenue of $9.03 billion.

Forest Laboratories (NYSE: FRX) is projected to report its Q3 earnings at $0.03 per share on revenue of $827.25 million.

SAP AG (NYSE: SAP) is estimated to report its Q4 earnings at $0.81 per share on revenue of $4.22 billion.

Texas Instruments (NASDAQ: TXN) is projected to post its Q4 earnings at $0.46 per share on revenue of $2.99 billion.

Halliburton Company (NYSE: HAL) is expected to report its Q4 earnings at $0.89 per share on revenue of $7.55 billion.

OMNOVA Solutions (NYSE: OMN) is estimated to report its Q4 earnings at $0.12 per share on revenue of $226.00 million.

CA Technologies (NASDAQ: CA) is expected to post its Q3 earnings at $0.71 per share on revenue of $1.13 billion.

Xilinx (NASDAQ: XLNX) is estimated to post its Q3 earnings at $0.54 per share on revenue of $600.61 million.

Rockwell Collins (NYSE: COL) is projected to report its Q1 earnings at $0.94 per share on revenue of $1.07 billion.

Cree (NASDAQ: CREE) is expected to post its Q2 earnings at $0.39 per share on revenue of $412.36 million.

Woodward (NASDAQ: WWD) is projected to post its Q1 earnings at $0.71 per share on revenue of $548.45 million.

TD Ameritrade Holding (NYSE: AMTD) is estimated to report its Q1 earnings at $0.33 per share on revenue of $735.85 million.

Wintrust Financial (NASDAQ: WTFC) is projected to post its Q4 earnings at $0.70 per share on revenue of $196.07 million.

International Business Machines (NYSE: IBM) is expected to post its Q4 earnings at $5.99 per share on revenue of $28.25 billion.

Advanced Micro Devices (NYSE: AMD) is projected to post its Q4 earnings at $0.06 per share on revenue of $1.54 billion.

Regions Financial (NYSE: RF) is expected to report its Q4 earnings at $0.20 per share on revenue of $1.31 billion.

Unilever plc (NYSE: UL) is estimated to report its Q4 results.

PetMed Express (NASDAQ: PETS) is projected to report its Q3 earnings at $0.23 per share on revenue of $52.06 million.

Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets

(c) 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  Most Popular Forbes Reports Rumor Apple Testing LiquidMetal Materials for iPhone 6 Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More Barron's Recap: 2014 Roundtable: The Good, Bad And Ugly 6 Of Google's Acquisitions Over $1 Billion - And How They Worked Weekly Highlights: Tesla's Cheap Car, Apple Pays Settlement And More Verizon Earnings Preview: Double-Digit EPS Growth To Continue? Related Articles (AMTD + AMD) Earnings Scheduled For January 21, 2014 Benzinga Weekly Preview: Earnings Season Continues Stocks to Watch for December 31, 2013 Market Wrap For December 16: Dow Posts Triple Point Gain Ahead of Fed Meeting UPDATE: Oppenheimer Downgrades Advanced Micro Devices on Lack of Valuation Support Around the Web, We're Loving... Lightspeed Trading Presents: Thunder and Tubleweeds: Trading Techniques for the New Market Enviroment Pope Francis Rips 'Trickle-Down' Economics Come See How the Pro's Trade in this Exclusive Webinar

Top 10 Penny Stocks To Own Right Now

Yahoo! Inc. (NASDAQ: YHOO) is expected to report its third quarter financial results on�Oct.15. The company would discuss the results for the third quarter via live stream video on the same day at at�2:00 p.m.�Pacific/5:00 p.m.�Eastern Time.

California-based Yahoo is in a transition phase under the watchful eyes of CEO Marissa Mayer, who joined Yahoo from rival Google, Inc. (NASDAQ:GOOG) in July 2012.

Wall Street expects Yahoo to earn 33 cents a share, according to analysts polled by Thomson Reuters. The consensus estimate implies a decrease of 5.7 percent from both last year as well as the second quarter of 2013 when it earned 35 cents a share.

Yahoo has managed to beat the Street view in all of the past four quarters, at a rate between 14 and 58 percent. The consensus view has dropped by a penny in the past 90 days while one analyst has raised the earnings view in the last one month.

Top 10 Penny Stocks To Own Right Now: Alpha and Omega Semiconductor Limited(AOSL)

Alpha and Omega Semiconductor Limited engages in the design, development, and supply of a range of power semiconductors worldwide. The company offers power discrete product line comprising trench MOSFETs, electrostatic discharge, protected MOSFETs, and SRFETs; and power ICs. Its products are used in notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players, and power supplies. The company sells its products to distributors. Alpha and Omega Semiconductor Limited is based in Hamilton, Bermuda.

Top 10 Penny Stocks To Own Right Now: Orchids Paper Products Company(TIS)

Orchids Paper Products Company manufactures private label tissue products for the consumer market in the United States. Its product line includes paper towels, bathroom tissue, and paper napkins. The company also offers its products under the Orchids, Velvet, Colortex, Ultra Valu, Dri-Mop, Big Mopper, Soft & Fluffy, Tackle, My-Size, and Care brand names. It serves value retailers (dollar stores), discount retailers, grocery stores, grocery wholesalers and cooperatives, and convenience stores. The company markets its products directly, as well as through independent brokers. Orchids Paper Products Company was founded in 1976 and is headquartered in Pryor, Oklahoma.

Advisors' Opinion:

• [By David Goodboy]

  My next step was to locate stocks in this industry. One company stood out above the rest as a top performer with plenty of upside. That company is Orchids Paper Products Co. (NYSE: TIS).

Top 10 Penny Companies To Watch For 2014: Prospect Capital Corporation(PSEC)

Prospect Capital Corporation is a mezzanine finance and private equity firm that specializes in late venture, middle market, mature, mezzanine, buyouts, recapitalizations, growth capital, development, and bridge transactions. It makes secured debt and equity investments. The firm typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. The firm prefers to invest in the United States and Canada. It seeks to invest between $5 million to $50 million in companies with EBITDA between $$ million and $75 million, sales value up to $500 million, and enterprise value of up to $250 million. The firm also co- invests for larger deals. It seeks control acquisitions by providing multiple levels of the capital structure. Prospect Capital Corporation was founded in 1988 and is based in New York, New York.

Advisors' Opinion:

• [By Lauren Pollock]

  Prospect Capital Corp.(PSEC) said it agreed to buy Nicholas Financial Inc.(NICK) in a stock deal valued at about $199 million that the investment firm expects will expand its presence in the car-loan industry. Prospect Capital is offering $16 a share for Nicholas, a 4.5% premium over Tuesday’s closing price. Nicholas Financial shares edged up 2.8% to $15.70 premarket.

Top 10 Penny Stocks To Own Right Now: China Nepstar Chain Drugstore Ltd (NPD)

China Nepstar Chain Drugstore Ltd. operates retail drugstores in the People?s Republic of China. The company?s drugstores provide pharmacy services and other merchandise, including prescription drugs; over-the-counter drugs; nutritional supplements, such as healthcare supplements, vitamins, minerals, and dietary products; herbal products, including drinkable herbal remedies and packages of assorted herbs for making soup; and private label products. Its stores also offer personal care products, such as skin care, hair care, and beauty products; family care products, including portable medical devices for family use, birth control products, and early pregnancy test products; and convenience products, such as soft drinks, packaged snacks, other consumables, cleaning agents, and stationeries, as well as seasonal and promotional items. The company operates its stores under the China Nepstar brand name. As of December 31, 2009, its store network comprised 2,479 retail drugstores located in approximately 71 cities in Guangdong, Jiangsu, Zhejiang, Liaoning, Shandong, Hunan, Fujian, Sichuan, and Hubei provinces, as well as in Shanghai, Tianjin, and Beijing municipalities of the People?s Republic of China. The company was founded in 1995 and is headquartered in Shenzhen, the People?s Republic of China.

Top 10 Penny Stocks To Own Right Now: CSP Inc.(CSPI)

CSP Inc. engages in the development and marketing of information technology (IT) integration solutions and high-performance cluster computer systems to industrial, commercial, and defense customers worldwide. The company operates in two segments: Systems, and Service and System Integration. The Systems segment designs and manufactures specialty, high-performance computer signal processing systems for the aerospace and defense markets. These systems are used on land, and in airborne and shipboard platforms for high-speed digital signal processing in radar, sonar, and surveillance applications. The Service and System Integration segment consists of the computer maintenance and integration services, and third-party computer hardware and software value added reseller businesses. It also provides professional IT consulting services, including maintenance and technical support; implementation, integration, configuration, and installation services; enterprise security intrusion p revention, network access control, and unified threat management services; IT security compliance services; custom software applications and solutions development and support; and monitoring, reporting, and management of alerts for the resolution and preventive general IT and IT security support tasks. This segment offers its solutions and services for IT environments, including storage and servers, unified communications solutions, IT security solutions, and consulting services. The company markets its products and services through direct sales force, distributors, and resellers. CSP Inc. was founded in 1968 and is headquartered in Billerica, Massachusetts.

Advisors' Opinion:

• [By Laura Brodbeck]

  Tuesday

  Earnings Expected From: Jabil Circuit, Inc. (NASDAQ: CSPI), Verifone Systems, Inc. (NYSE: PAY) Economic Releases Expected: Japanese trade balance, New Zealand current account, US current account, US CPI

  Wednesday

Top 10 Penny Stocks To Own Right Now: Crown Crafts Inc.(CRWS)

Crown Crafts, Inc., through its subsidiaries, offers infant and toddler products primarily in the United States. Its products include crib and toddler bedding, blankets, nursery accessories, room d

Top 10 Penny Stocks To Own Right Now: Syms Corp(SYMS)

Syms Corp operates a chain of ?off-price? apparel retail stores under the Syms and Filene?s Basement names in the United States. Its stores offer a range of in-season merchandise for men, women, and children. The company?s in-season merchandise includes men?s tailored clothing and haberdashery; women?s dresses, suits, and separates; children?s apparel; and men?s, women?s, and children?s shoes. Its Filene?s stores also offer a selection of jewelry and home goods. As of August 28, 2010, the company operated a chain of 48 off-price apparel stores located predominantly on the east coast. Syms Corp was founded in 1959 and is headquartered in Secaucus, New Jersey.

Top 10 Penny Stocks To Own Right Now: Rick's Cabaret International Inc.(RICK)

Rick?s Cabaret International, Inc., through its subsidiaries, owns and operates upscale adult nightclubs serving primarily businessmen and professionals in the United States. The company?s nightclubs offer live adult entertainment, restaurant, and bar operations. It owns and operates, or licenses adult nightclubs in Houston, Austin, San Antonio, Dallas, and Fort Worth, Texas; Charlotte, North Carolina; Minneapolis, Minnesota; New York, New York; Miami Gardens, Florida; and Philadelphia, Pennsylvania, and Las Vegas, Nevada. The company operates its adult nightclubs under the Rick's Cabaret, Club Onyx, XTC Cabaret, Tootsie?s Cabaret, Cabaret North, Jaguars, and Cabaret East names. It also owns and operates various adult entertainment Internet Web sites, including CouplesTouch.com, a personals site for those in the swinging lifestyle; NaughtyBids.com, an online adult auction site that contains consumer-initiated auctions for items, such as adult videos, apparel, photo sets, a dult paraphernalia, and other erotica; and xxxPassword.com that features adult content. In addition, the company offers trade magazine serving the adult nightclubs industry, as well as owns 2 industry trade shows, 2 other industry trade publications, and approximately 25 industry Websites. As of January 4, 2011, it owned and operated 22 adult nightclubs. The company was founded in 1982 and is based in Houston, Texas.

Advisors' Opinion:

• [By Lauren Pollock]

  Shares of Rick's Cabaret International Inc.(RICK) jumped after the adult nightclub owner reported improving fiscal fourth-quarter results and projected better profitability in the new fiscal year. The stock jumped 14% to $12.23 premarket.

Top 10 Penny Stocks To Own Right Now: Dehaier Medical Systems Limited(DHRM)

Dehaier Medical Systems Limited, through its subsidiaries, designs, develops, and markets respiratory and oxygen homecare products, and other medical devices in the People?s Republic of China. The company also distributes products designed and manufactured by other companies. It offers various medical devices, including C-arm X-ray systems, anesthesia machines, patient monitors, and general hospital products; and respiratory and oxygen homecare products, such as oxygen concentrators, CPAP devices, portable sleep diagnostics, and Rhinitis hyperthermia devices; and air compressors and ventilator trolleys. The company sells its products primarily to distributors, as well as to hospitals, clinics, and government health bureaus directly. Dehaier Medical has a tripartite strategic cooperation agreement with Taiyo Nippon Sanso Shenwei (Shanghai) Medical Gas Co. Ltd. and Beijing Orient Medical Gas Co. Ltd. to develop and distribute oxygen therapy services for the home use market i n Beijing. The company was formerly known as De-Haier Medical Systems Limited and changed its name to Dehaier Medical Systems Limited in June 2005. Dehaier Medical Systems Limited was incorporated in 2003 and is based in Beijing, the People?s Republic of China.

Top 10 Penny Stocks To Own Right Now: S1 Corporation(SONE)

S1 Corporation provides payments and financial services software solutions in the United States and internationally. The company operates in three segments: Banking: Payments, Banking: Large Financial Institution (FI), and Community Financial Institution (FI). The Payments segment provides ATM and retail point-of-sale driving, card management, and merchant acquiring solutions to financial institutions, retailers, and transaction processors of various sizes globally. The Banking: Large FI segment offers consumer banking, small business and corporate online banking, trade finance, and mobile banking solutions to large banks globally; branch and call center banking solutions to large banks outside of the United States; and software, custom software development, hosting, and other services to State Farm Mutual Automobile Insurance Company. The Banking: Community FI segment provides consumer and small business online banking, mobile banking, voice banking, and branch and call c enter banking solutions to community and regional banks, and credit unions in the United States. The company also provides various professional services, such as project management, implementation, custom software development, integration, educational, and Web design services; and customer support services. In addition, it offers hosting services comprising systems outsourcing, data center hosting, and operational management and control across a range of personal, small business and corporate Internet banking, mobile, voice, and payment processing applications. The company primarily serves banks, credit unions, retailers, and transaction processors. S1 Corporation was founded in 1934 and is headquartered in Norcross, Georgia.

3 Small Caps That Are Ready to Rebound

Popular Posts: These 5 Asset Managers Will Be Big Winners in 2014The 5 Best ETFs for Bargain HuntersTGT – Why Target Stock Could Be Toast Recent Posts: 3 Small Caps That Are Ready to Rebound Can Watson Power IBM Stock to New Highs? UnitedHealth Earnings: Is UNH Stock a Buy After Earnings? View All Posts

By the time the dust settled in 2013, small caps won the day (well, year) — the SPDR S&P SmallCap 600 (SLY) had outperformed the SPDR S&P 500 ETF (SPY) by almost 9 percentage points.

Each time SPY has a good year, it seems SLY has an even better one. Since 2006, when SPY delivered at least 15% annual returns, the ETF of small caps beat SPY on average by 740 basis points. In the years where SPY didn't do well, SLY only did slightly worse.

What kind of year are we in for in 2014? Most Americans see a flat or lower stock market this year while experts seem to be slightly more optimistic, expecting high-single-digit or low-double-digit gains from the S&P 500 in 2014. So really, that's not actually great news for the small-cap index.

With the five-year bull run getting long in the tooth, the route to success might be a modified Dogs of the Dow approach, picking last year's small-cap laggards to be this year's winners. Bespoke Investment Group has a table that shows how 2013′s worst-performing stocks from the S&P 1500 fared in the first week of 2014, and I have picked three small caps from that list that I like to outperform in 2014.

Small Caps to Buy #1: Aeropostale (ARO)

In December, I looked at the trio of teen retailers that includes Aeropostale (ARO), Abercrombie & Fitch (ANF) and American Eagle (AEO).

While I came to the conclusion that AEO has the best business of the bunch, I was confident that an experienced CEO like Aeropostale’s Tom Johnson would be able to return it to profitability in 2014. Considering ARO stock lost 30% in 2013, there’s plenty of repair work ahead.

In recent days, rumors have been flowing that private equity is getting a sniff of its business. Aeropostale tried to sell itself once before in 2011 to no avail. This time, influential investors like Crescendo Partners, Sycamore Partners and Eminence Capital are along for the ride. Johnson's trying to update its fashion while trimming the underperforming stores. Crescendo believes ARO shares are worth $14 to $16 (vs. current prices under $8). I totally agree.

One of two things happens in 2014: Aeropostale is sold to a strategic buyer (but more likely private equity), or Tom Johnson gets the engine restarted and it gets off the schneid.

Either way, ARO stock could be due for big gains. It's a gamble I'd be willing to take.

Small Caps to Buy #2: Liquidity Services (LQDT)

If you're a business or government agency, Liquidity Services (LQDT) might be who you go to in order to sell surplus assets.

Using online marketplaces, LQDT takes a cut of the proceeds. Back in 2008, I recommended LQDT stock when it was trading at $9.50.

It didn’t turn out to be the stress-free stock I thought it would be.

At the time, I had no way of knowing LQDT stock was about to go on a wild ride to $60 and beyond, then down to $20 … in a span of 36 months. 2013 was no exception as its stock lost 45%, the worst year it has had as a public company.

But consider that in 2008 when I recommended Liquidity Services, the company delivered adjusted earnings per share of 51 cents, meaning its price-to-earnings ratio at the time of my pick was almost 19. In 2013, its adjusted EPS were $1.75 for a P/E of 12 times earnings — 37% lower than its valuation in 2008. However, its adjusted EPS is currently in the midst of a walk down from $1.86 in fiscal 2012 to $1.75 in 2013 and estimated in 2014 to be anywhere from $1.76 to $1.60. At the very low end, we're currently talking about a forward P/E of 13.5 — still much lower than back then.

Do I think LQDT will hit $60 again? Not without several years of demonstrable growth in earnings. But a 20%-30% run in 2014 isn't out of the question should it produce better-than-expected results.

At the end of the day, Liquidity Services is a business whose need is an ongoing one. With no debt and lots of cash, I like LQDT’s chances.

Small Caps to Buy #3: Central Garden & Pet (CENTA)

In addition to its stock dropping 36% in 2013, Central Garden & Pet (CENTA) has underperformed the S&P 500 by almost 18 percentage points during the past five years while everyone and their dog — small caps, large caps, whatever — has seen impressive gains over that same period.

Central’s entire board and management team should be thoroughly embarrassed, especially chairman and founder William Brown, who owns 58% of voting CENTA stock.

CENTA is an amalgam of garden and pet products, none of which seem to make money. Five years ago, CENTA had operating profits of $126 million on $1.6 billion in revenue; in fiscal 2013, its revenues were slightly higher over 2009, but its operating profit of $40 million was 68% lower. Instead of increasing profits every year, it's shrinking them.

At this point, you should be wondering why I've picked this turkey to turnaround in 2014.

I'd like to tell you it's because Central Garden & Pet has a new product that’s selling crazy, but that’s just not the case. No, in its Q4 earnings release Dec. 10, CEO John Ranelli had this to say:

"Our financial results are simply unacceptable. While we will see some improvements along the way, it is going to take another year or two to get our performance consistently where we want it to be."

While not very encouraging in the near-term, I feel as though any positive news from CENTA later in the year could spark a big rally in its stock price.

In my mind, this five-year nightmare has been completely factored into to its stock price, which hasn't traded this low ($6.42 today) since early 2009, and then only because of the market crash in late 2008. The pet business is the key to CENTA’s success. If management want to solve the problem permanently, it will sell its garden business and focus on the one that's worth saving.

If that news were to come out, you'd be almost guaranteed a doubler overnight.

As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities.

Netflix Catches Shooting Starz

It isn't a good day for Netflix (NASDAQ: NFLX  ) shareholders, but a little game of Marco Polo may brighten their day later this year.

Shares of the leading video service are trading lower in the fallout from the net neutrality decision that was handed down by a federal appeals court yesterday. Analysts aren't exactly in agreement as to what it will mean for Netflix. Wedbush's Michael Pachter feels that the move will increase Netflix's operating costs because Internet service providers can command higher prices for speedy content delivery. Pacific Crest counters that it's not a big deal, because access providers are unlikely to anger their customers by restricting or slowing connections from certain sources. 

It's against this potentially fundamentals-altering development that Netflix made a move to beef up its already strong roster of original content.

Marco Polo -- a nine-episode series that was originally being developed for Starz (NASDAQ: STRZA  ) -- will begin filming shortly. It will be available through Netflix across all of its territories later this year. The producers tell Variety that the show is set in China, in a world "replete with astonishing martial arts, sexual intrigue, political skullduggery and spectacular battles."

It's fitting that Starz should pass on the show, leaving Netflix with a potentially magnetic property. It was Starz that walked away from a streaming deal with Netflix two years ago, leaving what seemed to be a huge void in streaming content at the time. 

Netflix bounced back, of course. It went on to land plenty of new content licensing deals, and the subscribers kept coming. Netflix now commands an audience of more than 40 million global streaming customers. No one else even comes close. This is the kind of clout that allows it to land a House of Cards, and be the fire starter that can resurrect Arrested Development for a fourth season.

Best Medical Stocks To Own For 2014

Marco Polo may or may not be a hit. It would be unfortunate if it isn't popular, but in the end, Netflix will just have another original series to follow it up. Netflix can't lose. It's the one that studios and directors craving artistic freedom are now seeking out. It has an unmatched audience, and a validated platform after the critical success of House of Cards. The trickle of original and first-run content is starting to become a deluge.

Net neutrality was all about leveling the playing field in terms of access, but Netflix -- in its own way -- has tipped the scales of content in its own favor.

There's always something good on TV these days
You know cable's going away. But do you know how to profit? There's $2.2 trillion out there to be had. Currently, cable grabs a big piece of it. That won't last. And when cable falters, three companies are poised to benefit. Click here for their names. Hint: They're not Netflix, Google, and Apple.

Goldman Sachs May Be Right – Stocks Getting Overvalued

It is fairly hard to argue that the stock market is in a bubble if you been through real bubbles before, but it is still fair to question valuations at this time. The gains seen in November and December of 2013 have almost certainly eaten into what should have been the stock market gains of 2014. So what happens when investors realize that Goldman Sachs Group Inc. (NYSE: GS) is calling market valuations being too lofty?

For starters, stocks have sold off on the report. Investors know this quite well, and we would like to remind our readers – Goldman Sachs only advises the wealthy retail investors and many of the institutional investors.

Goldman Sachs’s David Kostin sent a note calling the S&P 500 Index lofty by any measure. This was true of current and forward P/E ratios and many other metrics used by investors to value stocks. Where this gets scary is that the firm hinted that stocks could be 30% to 45% overvalued by some metrics.

While we do not agree at all that stocks are 30% or 45% overvalued, the reality is that when we ran our year-end outlook for the Dow Jones Industrial Average we found that 8 of the 30 DJIA stocks were trading above what analysts considered to be above fair value. Only one of the 30 DJIA stocks was trading above the consensus fair value in the annual outlook a year ago.

We have also covered in an evergreen note, five ways that hedge funds brace for market selloffs.

The warning from Goldman Sachs is one that goes against what true stock market bulls have been touting for more than a year: earnings multiple expansion! That means that for investors to chase stocks up above 17-times earnings companies will actually have to grow their earnings more. In short, raw company performance will be more of a driver than what investors are willing to pay for that performance.

Top 10 Gold Stocks To Own Right Now

Before you panic, Goldman Sachs has warned of the possibilities of a correction before. Ultimately the firm is still bullish. Goldman Sachs has a S&P 500 Index strategist target of 1,900 for 2014, followed by 2,100 in 2015 and ultimately 2,200 in 2016.

Here are the other strategist reports for S&P 500 Index price predictions for 2014 and beyond:

Deutsche Bank is at 1850 for 2014 and 2000 for 2015. Stifel Nicolaus is at 1,850 for 2014 – no sector outlook picks from this firm reported. Wells Fargo is at 1,850 for 2014 – no sector picks for 2014. Barclays has set a target of 1,900 for 2014 based upon $119 in earnings per share – no broad sector picks covered. Citigroup has set a 1,900 target with earnings roughly of $117.50 per share – no major sector picks covered by us. BlackRock has set 1,920 as the target with $120 in EPS – this is a management firm, so picks are different. Goldman Sachs is at 1,900 for 2014 with earnings of $116 per share. The firm made many key changes to its Conviction Buy List for 2014. BofA Merrill Lynch has set a target of 2,000 based upon earnings of $118 per share. Morgan Stanley has set a target of 2,014 in 2014 based upon earnings per share of $116 – no broad sector picks tracked. J.P. Morgan has set a target of 2,075 with earnings of $120 per share. Ned Davis Research was the standout bear here, but only temporarily. The firm called for a 20 percent market correction. The good news is that the team expects a snapback rally from there from a great buying opportunity.

Microsoft Keeps Gaining Smartphone Momentum

Microsoft (NASDAQ: MSFT  ) Windows Phone is finally making a dent in the market. After initially launching in 2010 with an innovative new tile interface, replacing the legacy Windows Mobile platform, the software giant has now grown to become the No. 3 smartphone player.

There have been numerous reasons why Windows Phone is gaining relevance and momentum, but none are more important than strengthening relationships with OEMs and carriers. After all, for a software maker to sell its operating system, it needs someone to make the hardware and someone else to deliver the actual service.

Microsoft is getting second chances at numerous domestic carriers. Windows Phone 7 didn't fare very well on Verizon Wireless initially, but Big Red just recently launched a slew of Windows Phone 8 devices. Microsoft's history with Sprint is similar, with the HTC Arrive running Windows Phone 7 being quietly discontinued last year. Sprint is now about to launch the HTC 8XT, its first Windows Phone 8 device, in a week.

On the OEM front, Nokia (NYSE: NOK  ) is easily Microsoft's most important hardware partner. The Finnish company ships the majority of all Windows Phones in the world today, but that hasn't stopped Microsoft from expanding its OEM partnerships. Thus far, Microsoft's most prominent hardware partners are Nokia, Samsung, and HTC. Let's add another major vendor: LG Electronics.

Top Growth Companies To Own For 2014

LG's director of India Soon H. Kwon recently told Light Reading India that the South Korean company has a Windows Phone 8 device in the works. The smartphone is still in development at LG's South Korean headquarters. LG continues to gauge the market opportunity and hasn't specified any launch plans quite yet. Kwon reiterated LG's commitment to Google Android -- even though a separate LG exec said the company has no interest in building a new Nexus for Google -- but is confident that Windows Phone will keep gaining momentum as Microsoft continues to put more weight behind it.

LG recently ranked as the No. 3 smartphone vendor in the world behind Samsung and Apple. It more than doubled unit shipments in the first quarter relative to the prior year, and is preparing to launch a new Android flagship, the Optimus G2. LG is a vendor that Microsoft definitely wants in its corner as it continues to strengthen its position with carriers and OEMs alike.

Want to get in on the smartphone phenomenon? Truth be told, one company sits at the crossroads of smartphone technology as we know it. It's not your typical household name, either. In fact, you've probably never even heard of it! But it stands to reap massive profits NO MATTER WHO ultimately wins the smartphone war. To find out what it is, click here to access The Motley Fool's latest free report: "One Stock You Must Buy Before the iPhone-Android War Escalates Any Further..."

Will These Numbers from ADTRAN Be Good Enough for You?

ADTRAN (Nasdaq: ADTN  ) is expected to report Q2 earnings on July 10. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ADTRAN's revenues will wane -16.3% and EPS will compress -50.0%.

The average estimate for revenue is $154.1 million. On the bottom line, the average EPS estimate is $0.19.

Revenue details
Last quarter, ADTRAN reported revenue of $143.0 million. GAAP reported sales were 6.1% higher than the prior-year quarter's $134.7 million.

5 Best Bank Stocks To Watch Right Now

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.17. GAAP EPS of $0.13 for Q1 were 35% lower than the prior-year quarter's $0.20 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 48.7%, 630 basis points worse than the prior-year quarter. Operating margin was 4.6%, 860 basis points worse than the prior-year quarter. Net margin was 5.5%, 410 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $622.4 million. The average EPS estimate is $0.78.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 156 members out of 184 rating the stock outperform, and 28 members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give ADTRAN a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ADTRAN is underperform, with an average price target of $18.52.

Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does ADTRAN fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.

Add ADTRAN to My Watchlist.