Not A Very Good Quarter By Most Measures
3M gets a lot of credit for its strong margins, its defensive characteristics, and its strong global footprint. All of that may be true on balance, but it's hard to say that performance isn't eroding.
Revenue was up 3% this quarter, or a little more than 2% on an organic basis, with about three-quarters of that growth fueled by volume gains. Three of the five business units reported organic growth (with Industrial and Consumer at 3% and Health Care at 6%), while Safety/Graphics and Electronics/Energy both declined 2%.
10 Best Heal Care Stocks For 2014: Powell Industries Inc.(POWL)
Powell Industries, Inc. engages in the design, development, manufacture, and servicing of custom engineered-to-order equipment and systems for the management and control of electrical energy and other critical processes in transportation, environmental, energy, industrial, and utility industries. The company operates in two segments, Electrical Power Products and Process Control Systems. The Electrical Power Products segment offers electrical power distribution and control systems that are used to distribute, monitor, and control the flow of electrical energy, as well as to provide protection to motors, transformers, and other electrically-powered equipment. It offers power control room substation packages, traditional and arc-resistant distribution switchgear, medium-voltage circuit breakers, offshore generator and control modules, monitoring and control communications systems, motor control centers, and bus duct systems directly to end-users or to engineering, procuremen t, and construction firms. This segment serves oil and gas producers, oil and gas pipelines, refineries, petrochemical plants, electrical power generators, public and private utilities, co-generation facilities, mining/metals operations, pulp and paper plants, transportation authorities, governmental agencies, and other industrial customers. The Process Control Systems provides technology solutions, including instrumentation, computer controls, and communications and data management systems to control and manage critical processes and facilities; and technical services to deliver these systems. This segment sells its products and services directly to end-users in transportation, environmental, and energy sectors. The company has operations in Europe, the Far East, the Middle East, Africa, North America, South America, and Central America. Powell Industries, Inc. was founded in 1947 and is headquartered in Houston, Texas.
10 Best Heal Care Stocks For 2014: Glacier Bancorp Inc. (GBCI)
Glacier Bancorp, Inc., a multi-bank holding company, provides commercial banking services in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. It offers transaction and savings deposits; real estate, commercial, agriculture, and consumer loans; mortgage origination services; and retail brokerage services to individuals, small to medium-sized businesses, community organizations, and public entities. The company�s deposit products include non-interest bearing demand accounts, interest bearing checking accounts, regular statement savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, individual retirement accounts, and reciprocal deposits. Its loan products comprise construction and permanent loans on residential real estate; consumer land and lot acquisition loans; unimproved land and land development loans; residential builder guidance lines comprising pre-sold and spec-home construction, and lot acqu isition loans; commercial real estate loans to purchase, construct, and finance commercial real estate properties; commercial and industrial loans; consumer loans secured by real estate, automobiles, and other assets; second mortgage and home equity loans; and agriculture loans. The company operates 106 locations, including 97 branches. Glacier Bancorp, Inc. was founded in 1955 and is headquartered in Kalispell, Montana.
Advisors' Opinion:- [By Eric Volkman]
Glacier Bancorp (NASDAQ: GBCI ) is reaching into its vault for more cash to return to shareholders. The company this week declared its latest dividend, which is to be $0.15 per share paid on July 18 to shareholders of record as of July 9.
Top Gold Stocks To Invest In Right Now: Superior Energy Services Inc.(SPN)
Superior Energy Services, Inc. provides specialized oilfield services and equipments to serve the production and drilling-related needs of oil and gas companies. It operates through three segments: Subsea and Well Enhancement; Drilling Products and Services; and Marine. The Subsea and Well Enhancement segment provides integrated subsea and engineering services, coiled tubing, electric line, pumping and stimulation, gas lift, well control, hydraulic workover and snubbing, recompletion, stimulation and sand control equipment and services, well evaluation, offshore oil and gas tank, vessel cleaning, decommissioning, plug and abandonment, and mechanical wireline services. This segment also manufactures and sells drilling rig instrumentation equipments; and involves in the production and sale of oil and gas from its properties in the Gulf of Mexico. The Drilling Products and Services segment manufactures, sells, and rents equipments for use with offshore and onshore oil and gas well drilling, completion, production, and workover activities. This segment?s products and services include pressure control equipment, drill pipe and landing strings, connecting iron, handling tools, stabilizers, drill collars, and on-site accommodations. The Marine segment owns and operates a fleet of liftboats in the Gulf of Mexico. The company operates 25 rental liftboats with leg lengths ranging from 145 feet to 265 feet. Superior Energy Services, Inc. sells its products and services in Latin America, North America, North Sea and Europe, the Middle East, West Africa, and the Asia Pacific region. The company was founded in 1991 and is based in New Orleans, Louisiana.
Advisors' Opinion:- [By Dimitra DeFotis]
Sterne Agee said in July research that operators with Bakken-formation leverage, including Oasis, Superior Energy Services�(SPN),�Whiting Petroleum (WLL) and QEP Resources (QEP),�“have improved their communication with Wall Street and appropriately managed expectations for the impact that flooding in North Dakota could have on second-quarter earnings.” �See Barron’s Investor’s Soapbox PM�for�July 17, subscription required.)
- [By David Smith]
Superior Energy Services (NYSE: SPN )
The largest of the three "smaller" oil-field services companies for this discussion carries an approximately $4.4 billion market cap. The Houston-based company has been accorded a rating of 1.6 by the analysts, with no single rating below a buy. (All three of the companies discussed here are headquartered in Houston. But that's a coincidence, not a requirement.) - [By Sara Murphy]
Basic Energy Services (NYSE: BAS ) derived more than a quarter of 2012 revenues from its fluid services unit. Its operations rely heavily on the legacy model of hauling water. Superior Energy Services (NYSE: SPN ) counts on its traditional fluid services offerings for about 20% of revenues.
10 Best Heal Care Stocks For 2014: Northeast Bancorp(NBN)
Northeast Bancorp operates as a bank holding company for Northeast Bank that provides a range of financial services to individuals and companies in western and south-central Maine, and southeastern New Hampshire. It offers various deposit products, including demand deposits and escrow accounts, NOW accounts, money market accounts, savings accounts, certificates of deposit, and brokered time deposits. The company?s lending activities comprise origination and purchase of mortgages for the purpose of financing or refinancing one-to-four family residential properties. The company also provides various commercial real estate loans; commercial business loans, such as term loans, lines of credit, and equipment and receivables financing; commercial and residential loans; and construction loans. In addition, it offers consumer loans secured by automobiles, recreational vehicles, boats, as well as provides second mortgages, home improvement and mobile home loans, and personal and d eposit account collateralized loans. Further, the company offers property and casualty insurance products to personal and commercial customers; and investment brokerage services, which include investment and financial planning products and services. As of June 30, 2011, it operated 10 banking offices, 1 financial center, 3 loan production offices, and 10 insurance offices in western and south-central Maine, and southeastern New Hampshire. The company was founded in 1872 and is headquartered in Lewiston, Maine.
10 Best Heal Care Stocks For 2014: SilverCrest Mines Inc (SVL.V)
SilverCrest Mines Inc. (SilverCrest) is engaged in the acquisition, exploration and development of mineral properties in Mexico and Central America. The Company�� principal focus is the development and operation of the Santa Elena Project, which property consists of seven mineral concessions totaling 2,726.54 hectares, portions of which include the producing Santa Elena gold and silver mine located northeast of Hermosillo, Sonora State, Mexico. It operates in three segments: the mine operations at Santa Elena, Mexico; mine exploration and evaluation projects at La Joya and Cruz de Mayo, Mexico, and Corporate. The Company is also focused on exploring and developing its La Joya Property located in Durango, Mexico, which contains a discovered polymetallic deposit. The Company�� other mineral properties include the Cruz de Mayo Project (Mexico), the La Joya Property (Mexico), the Silver Angel Project (Mexico) and the El Zapote Project (El Salvador).
10 Best Heal Care Stocks For 2014: Fairfax Financial Holdings Ltd (FRFHF.PK)
Fairfax Financial Holdings Limited (Fairfax) is a financial services holding company. The Company, through its subsidiaries, is principally engaged in property and casualty insurance and reinsurance and the associated investment management. The Company�� segments consist of Insurance, Reinsurance, Insurance and Reinsurance Other, Runoff, and Corporate and Other. On December 22, 2011, the Company completed the acquisition of 75% interests in Sporting Life Inc. On August 16, 2011, the Company acquired William Ashley China Corporation. On March 24, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of The Pacific Insurance Berhad. On February 9, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of First Mercury Financial Corporation. In October 2012, its RiverStone runoff subsidiary acquired all the outstanding shares of Brit Insurance Limited.
Advisors' Opinion:- [By Alex Jordon]
There's talk that Prem Watsa, head of Fairfax Financial Holdings (FRFHF.PK), could possibly be involved in a privatization bid for the company. Consider:
- [By Infinity Group]
With 515 million shares outstanding, this equates to 33% of all shares being shorted. It should also be noted that Prem Watsa's Fairfax Financial Holdings (FRFHF.PK) is holding 51.8 million BlackBerry shares. Prem Watsa stated at the annual FairFax shareholders meeting that Fairfax is holding a long position with BlackBerry and anticipates shareholder value increasing over the next 2-3 years. The cost basis for FairFax financial holdings is approximately $17 per BlackBerry share.
10 Best Heal Care Stocks For 2014: Diversinet Corp (DIV.V)
Diversinet Corp. provides mobile-optimized secure application products, solutions, and services to healthcare organizations to power care coordination through mobility. The company provides MobiSecure Communicator, a software suite that enables healthcare organizations to deploy HIPAA compliant mHealth applications on mobile devices; MobiSecure Gateway SDK that provides the security and mobile provisioning functionality necessary to allow developers to meet the stringent healthcare regulatory requirements for offering secure mHealth solutions; and consulting and support services, including product integration, customized engineering support, and training. Its MobiSecure Communicator suite includes MobiSecure mClient, a downloadable software application that retrieves personal information from the Publishing Manager server and stores the personal information on a mobile device or PC for offline use; MobiSecure Publishing Manager, a server-based software component that hosts and manages stored personal information; and MobiSecure mClient SDK & Publishing Manager API, which allows customers and third-party developers to build mobile applications. The company�s MobiSecure Communicator suite also comprises MobiSecure SMS Manager, which enables two-way communication between customer Internet applications and mobile users for mobile devices without data plans; MobiSecure mText that runs on a user�s mobile device and communicates with backend Internet applications via the mobile network operator�s SMS infrastructure; and MobiSecure Clinical Communicator Web Portal, which enables clinicians to communicate with patients via mobile devices, tablets, and desktops. It markets its solutions directly and through a network of resellers and agents to healthcare companies, application developers, and solution providers in the United States, Canada, and Asia. Diversinet Corp., formerly known as The Instant Publisher Inc., was founded in 1993 and is headquart ered in Toronto, Canada.
10 Best Heal Care Stocks For 2014: Seaboard Corporation(SEB)
Seaboard Corporation operates as a diversified agribusiness and transportation company worldwide. Its Pork division engages in hog production and pork processing; and the production and sale of fresh and frozen pork products, such as lunchmeat, ham, bacon, sausage, loins, tenderloins, and ribs, as well as further processed pork products, including raw and pre-cooked bacon to further processors, foodservice operators, grocery stores, distributors, and retail outlets under the Prairie Fresh and Daily's brand names. This division also produces and sells biodiesel from pork and other animal fats to third parties. The company?s Commodity Trading and Milling division sources, transports, and markets wheat, corn, soybean meal, rice, and other commodities, as well as operates flour, feed, and maize milling businesses. Its Marine division provides containerized cargo shipping service to 26 countries between the United States, the Caribbean Basin, and central and South America; and operates a terminal at the Port of Miami, an off-dock warehouse for cargo consolidation and temporary storage, and a cargo terminal at the Port of Houston for temporary storage of bagged grains, resins, and other cargo. As of December 31, 2010, it operated 10 owned and approximately 29 chartered vessels; and dry, refrigerated, and specialized containers and other related equipment. The company?s Sugar division produces and refines sugar cane, produces alcohol, and purchases and resells sugar to retailers, soft drink manufacturers, and food manufacturers in Argentina. Its Power division operates as an independent power producer in the Dominican Republic operating 2 floating barges with a system of diesel engines with combined capacity of approximately 112 megawatts of electricity. Seaboard Corporation also purchases and processes jalapeno peppers in the United States. The company was founded in 1928 and is based in Shawnee Mission, Kansas. Seaboard Corporation is a subsidiary of Seaboard Flour LLC.
Advisors' Opinion:- [By Geoff Gannon]
Not necessarily. There are some big obscure stocks. The example everyone who knows obscure stocks will give you is Seaboard (SEB). This is a company with a $3 billion market cap. But it�� also a company that has been run the way obscure companies are run.
- [By Norm Rothery]
I happened upon Seaboard Corp. (SEB) a few years ago, when I was looking for stocks that buy back their shares. It's not the most aggressive re-purchaser in the market, but it has reduced its share count by 20% since the turn of the century.
- [By Holly LaFon] ard is also an older company founded more than 90 years ago and has focused on grain and agriculturally derived products. In the last 10 years its stock has appreciated 543%, and on Monday one share costs $1,955. It has never split its stock.
Seaboard is still a growing company. In the last ten years it increased revenue per share at an average rate of 12.5%, EBITDA at 9.8%, and book value at 18.2%. It also has a low P/E of 6.8, its lowest since about 2007.
Berkshire Hathaway-A (BRK.A)
Berkshire Hathaway is the multinational conglomerate founded by Warren Buffett and is the eighth largest company in the world. They are the highest priced shares on the New York Stock Exchange, partially due to never splitting their stock or paying a dividend. Rather, they reinvest corporate earnings to continue growth.
In the last 10 years, Berkshire Hathaway stock has increased 67%. On Monday, one share of BRK.A cost $122,115.
Berkshire management has grown book value at an annual rate of 20.3% for the last 44 years. Growth has been continuing in recent history. In the last 10 years, revenue per share increased at a rate of 11.4%, EBITDA at 7.5% and free cash flow at 3.3%. Its P/E is 17.1.
These stocks are not necessarily expensive or not expensive based on how much one share costs but are subject to the same valuation as lower-priced companies. To create your own screener to find the exact stocks you are interested in, try GuruFocus��do-it-all screener here.
10 Best Heal Care Stocks For 2014: Tellabs Inc.(TLAB)
Tellabs, Inc. designs, develops, and supports telecommunications networking products for communication service providers in the United States and internationally. Its products and services enable customers to deliver wireless and wireline voice, data, and video services to business and residential customers. The company operates through three segments: Broadband, Transport, and Services. The Broadband segment provides access products that enable service providers to deliver bundled voice, video, and high-speed Internet/data services over copper or fiber networks; managed access products, which deliver wireless and business services primarily outside of North America; and data products, including packet-switched products that enable wireless and wireline carriers to deliver mobile voice and Internet services, and wireline business services to their customers. The Transport segment enables service providers to manage network bandwidth by adding capacity needed; and wireline and wireless providers to support metro networks, mobile services, and business services for enterprises, as well as triple-play voice, video, and data services for residential consumers. The Services segment delivers deployment, training, support, and professional services, which support various phases of the network, such as planning, building, and operating. Tellabs, Inc. serves primarily communication services providers, including local exchange carriers; wireline and wireless service providers; multiple system operators; competitive service providers; distributors; original equipment manufacturers; system integrators; and government agencies. The company sells its products and services through its direct sales and sales support personnel, value-added resellers, independent sales representatives, distributors, and public and private network providers. Tellabs, Inc. was founded in 1974 and is headquartered in Naperville, Illinois.
Advisors' Opinion:- [By Selena Maranjian]
The biggest new holdings are Seagate Technology�and Warner Chilcott. Other new holdings of interest include Tellabs (NASDAQ: TLAB ) and Windstream (NASDAQ: WIN ) . Tellabs offers a satisfying dividend yield of 3.7%, but the networking equipment maker has been facing some headwinds, such as the death of its CEO and the recent departure of its CFO. Its performance has been spotty, besting estimates in its fourth quarter but disappointing them in the recent first quarter.
- [By Rick Munarriz]
Thursday
Tellabs (NASDAQ: TLAB ) checks in on Thursday. The provider of mobile backhaul, packet optical, and services solutions to communications services lost its CEO to colon cancer last year. It has also lost its mojo. Wall Street sees Tellabs merely breaking even in 2013 on a 14% decline in revenue. - [By SA Pro Top Ideas]
Stock Movers and Great Calls
Saidal Mohmand argued Wednesday that Tellabs (TLAB) was a strong assets play on the verge of a turnaround. The stock is +5.9% since. Read article » On June 13, Stephen Lin said that Ellie Mae's (ELLI) dominant position could mean 45% upside. Shares are +30.7% since. Read article »
Alpha-Rich long and short ideas regularly move stocks and identify stocks that are about to move. Some notable recent calls subscribers had early access to:To Come Today
Don't forget to check your SA Pro dashboard later today for the latest Alpha-Rich ideas, including a REIT with strong management and many catalysts. Any thoughts to share on the latest Alpha-Rich ideas? Leave a comment here. Have a great weekend.
SA Pro Editors
…............
The SA Pro team is Eli Hoffmann (Editor in Chief), Rachael Granby (Editorial Product Manager), Daniel Shvartsman, Samir Patel, Michael McDonald, and Jeffrey Fischer (Senior Pro Editors). You can reach us at pro-editors@seekingalpha.com.
10 Best Heal Care Stocks For 2014: Omega Healthcare Investors Inc.(OHI)
Omega Healthcare Investors, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in healthcare facilities, principally long-term healthcare facilities in the United States. It provides lease or mortgage financing to qualified operators of skilled nursing facilities (SNFs), as well as to assisted living facilities (ALFs), independent living facilities (ILFs), and rehabilitation and acute care facilities. As of March 31, 2011, the company?s portfolio of real estate investments consisted of 400 healthcare facilities, including 370 SNFs, 10 ALFs, 5 specialty facilities, fixed rate mortgages on 13 SNFs, and 2 SNFs that are held-for-sale located in 35 states. Omega Healthcare Investors, Inc. has been qualified as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1992 and is bas ed in Hunt Valley, Maryland.
Advisors' Opinion:- [By Cameron Swinehart]
I recently took profits in a few positions including Microsoft (MSFT), The Sherwin-Williams Company (SHW), Omega Healthcare Investors (OHI) and Wells Fargo (WFC). From my perspective, the economic outlook doesn't support continued investment in those companies. A softening U.S economy and high debt levels will push investors into safe havens and real assets.
- [By Marc Bastow]
Healthcare facilities REIT Omega Healthcare Investors (OHI) raised its quarterly dividend 2% to 48 cents per share, payable Nov. 15 to shareholders of record as of Oct. 31.
OHI Dividend Yield: 5.81% - [By Eric Volkman]
For the fourth quarter in a row, Omega Healthcare Investors (NYSE: OHI ) has elected to raise its dividend slightly. The company declared a payout of $0.47 per share, to be paid on August 15 to stockholders of record as of July 31.�That amount is $0.01, or 2%, higher than the previous distribution of $0.46 paid in mid-May. That dividend was also a raise of $0.01 from its predecessor, which, in turn, was higher than the previous quarter's disbursement by the same amount.
No comments:
Post a Comment