Recreational vehicle maker Winnebago Industries (WGO), which makes, you know, Winnebagos, is trucking today after reporting strong revenue and increased demand in its fourth quarter.
APFor the period ended Aug. 31, Winnebago reported profit of $10.6 million, or 38 cents a share, down from $40.9 million, or $1.41 a share, a year earlier, while sales rose to $214.2 million in the quarter. Analysts polled by Thomson Reuters recently predicted earnings of 28 cents a share and sales of $206 million.
Looking at the solid quarter and optimistic forecasts, Citigroup analyst Gregory Badishkanian raised estimates after noting several positive factors at the company including the current backlogs, which more than doubled, and dealer inventories, which were up 38%. He writes:
The company highlighted two issues that appear to be diminishing: 1) towables division was dilutive for the year, but headed in the right direction with a breakeven quarter 2) shortage in Class A Gas chassis, though the issue should be resolved by mid-winter…
Best Food Stocks To Invest In Right Now: Photronics Inc.(PLAB)
Photronics, Inc. engages in the manufacture and sale of photomasks primarily in the United States, Europe, and Asia. Photomasks are high precision photographic quartz plates containing microscopic images of electronic circuits, which are used in the manufacture of semiconductors and flat panel displays; and used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, various flat panel displays, and other types of electrical and optical components. The company sells its photomasks to semiconductor designers, manufacturers, foundries, and other high performance electronics manufacturers through its sales personnel and customer service representatives. Photronics, Inc. was founded in 1969 and is headquartered in Brookfield, Connecticut.
Advisors' Opinion:- [By Ben Axler]
In the table below, we've listed a sample of small-cap semiconductor capital equipment stocks such as Entegris (ENTG), Advanced Energy Industries (AEIS), ATMI Inc. (ATMI), MKS Instruments (MKSI), Photronics Inc. (PLAB), Rudolph Technologies (RTEC),FormFactor (FORM) and Mattson Technology (MTSN). The peers trade at approximately 1.0x and 15.5x 2014E revenues and EPS, respectively. Furthermore, the average peer trades at 2.1x tangible book value. However, these multiples are based on average 2014E industry revenue and earnings growth of 18% and 119%, respectively. Axcelis is poised to grow at a rate substantially above the industry average.
- [By Roberto Pedone]
My first earnings short-squeeze trade idea is photomasks maker Photronics (PLAB), which is set to release numbers on Tuesday after the market close. Wall Street analysts, on average, expect Photronics to report revenue of $106.05 million on earnings of 8 cents per share.
About a month ago, Needham downgraded shares of Photronics to hold from buy following the company's negative preannouncement. Needham anticipates that Photronics will face some near-term challenges and may not generate EPS over 80 cents per share until fiscal year 2015.
The current short interest as a percentage of the float Photronics is pretty high at 11.9%. That means that out of the 59.69 million shares in the tradable float, 7.38 million shares are sold short by the bears. This is a high short interest on a stock with a relatively low float. Any bullish earnings news could easily spark a large short-squeeze for shares of PLAB post-earnings.
From a technical perspective, PLAB is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending over the last three months and change, with shares moving higher from its low of $7.03 to its recent high of $8.89 a share. During that uptrend, shares of PLAB have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of PLAB within range of triggering a near-term breakout trade post-earnings.
If you're bullish on PLAB, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $8.74 to its 52-week high at $8.89 a share with high volume. Look for volume on that move that hits near or above its three-month average action of 212,683 shares. If that breakout hits, then PLAB will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move a
- [By James Brumley]
RDN also is on pace to swing back into the black during the coming year, which could be a huge catalyst.
Photronics (PLAB)12/2 Price: $8.65
10 Best Trucking Stocks To Invest In Right Now: Servotronics Inc.(SVT)
Servotronics, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of technology and consumer products primarily in the United States. It operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment designs, manufactures, and markets various servo-control components that convert an electrical current into a mechanical force or movement, and other related products. Its servo-control components include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and similar devices that are principally sold to commercial aerospace, missile, aircraft, government related, medical, and industrial markets. This segment also produces metallic seals in various cross-sectional configurations that are used to fit between two metal surfaces to produce a secure and leak-proof joint. The ATG segment markets its products primarily through its professional staff to the United States Govern ment, government prime contractors, government subcontractors, commercial manufacturers, and end users. The CPG segment designs, manufactures, and sells various cutlery products, including steak, carving, bread, butcher, and paring knives for household use and for use in restaurants, institutions, and private industry; pocket and other types of knives for use in hunting, fishing, and camping; and machetes, bayonets, and other types of knives for military use. This segment also produces and markets other cutlery items, such as specialty tools, putty knives, linoleum sheet cutters, field knives, and other edged products. The CPG segment markets its products through sales personnel and independent manufacturers? representatives to hardware, supermarket, variety, department, discount, gift, and drug stores, as well as to various branches of the United States Government primarily under the ?Old Hickory? and ?Queen? brand names. Servotronics, Inc. was founded in 1959 and is based in Elma, New York.
Advisors' Opinion:- [By Sofia Horta e Costa]
Severn Trent Plc (SVT) advanced 2.5 percent to 2,070 pence, snapping four days of losses. Borealis Infrastructure Management Inc. and its partners boosted their offer to acquire the water utility to 5.3 billion pounds ($8.2 billion).
- [By Sarah Jones]
Societe Generale SA, Barclays Plc and Deutsche Bank AG led a selloff in banks, with each falling more than 2 percent. Severn Trent Plc (SVT) sank the most since October 2006 after a consortium of investors dropped their bid for the water utility. Kabel Deutschland Holding AG jumped 8.2 percent after Vodafone Group Plc confirmed it approached the company about a takeover.
10 Best Trucking Stocks To Invest In Right Now: Nuveen Senior Income Fund (NSL)
Nuveen Senior Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Asset Management and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate senior secured loans. Nuveen Senior Income Fund was formed on October 26, 1999 and is domiciled in the United States.
Advisors' Opinion:- [By John Dowdee]
The following 10 funds satisfied all of these conditions:
BlackRock Float Rate Strategies (FRA). This CEF sells at a discount of 3%, which is low compared to an average premium of 2% over the past year. The distribution has been managed at 6.1% and a small amount (less than 10%) has been return of capital (ROC). However, this has not negatively affected net asset value (NAV) so has not been destructive. The fund holds 447 securities, with 90% in floating rate loans. FRA utilizes 27% leverage and has an expense ratio of 1.7%, including interest payments. Eaton Vance Floating Rate (EFR). This CEF sells at a 1% premium, which is low compared to an average premium of 5% over the past year. The distribution is 6.2%, none of which was ROC. The fund holds 800 securities, with 90% in floating rate loans. About 85% of the securities are from U.S. companies. EFR utilizes 35% leverage and has an expense ratio of 1.8% including interest payments. ING Prime Rate Trust (PPR). This CEF sells for a premium of 2%, which is below the average premium of 5%. It has a distribution of 6.8%, none of which was ROC. The fund has 350 holdings, virtually all in senior loans and from US companies. PPR utilizes 29% leverage and has a high expense ratio of 2.1%, including interest payments. Invesco VK Dynamic Credit Opportunities (VTA). This CEF sells for a discount of 5%, which is below the average discount of 1%. It has a distribution of 7.1%, none of which was ROC. The fund has 495 holdings, with 76% in floating rate loans. About 25% of the loans are from non-US companies. VTA utilizes a relatively low 20% leverage but still has a high expense ratio of 2.1%, including interest payments. Invesco VK Senior Income (VVR). This CEF sells for a discount of 1%, which is below the average premium of 3%. It has a distribution of 7.1%, none of which was ROC. The fund has over 500 holdings, with 89% in floating rate loans. Almost all (95%) securities are from US companies. VVR ut
10 Best Trucking Stocks To Invest In Right Now: EZchip Semiconductor Limited(EZCH)
EZchip, a fabless semiconductor company, engages in the development and marketing of Ethernet network processors for networking equipment. Its products include network processor chips, evaluation boards and network-processor based systems, and development software toolkits. The company offers network processors for use in forming the silicon core of networking equipment, such as switches and routers; and for voice, video and data integration in various applications. Its network processors are single-chip solutions, which enable its customers to design multi-port line cards, such as processing and classification engines, traffic managers, media access controllers, as well as a range of specialized hardware blocks that accelerate various functions. The company offers Evaluation systems which enable customers to test NPU-based systems; and toolkits that assist customers in creating, verifying, and implementing solutions based on its network processors. It provides a library f eaturing data plane code for a range of applications, which include Metro Ethernet protocols, Multi-Protocol Label Switching, IPv4 and IPv6 routing, Access Control Lists, GPON/EPON OLT functionality, Network Address Translation, and Server Load Balancing. The company sells its products directly, and through contract manufacturers and distributors to network equipment vendors. It markets its products in Israel, China, Hong Kong, the Far East, Canada, the United States, and Europe. The company was formerly known as LanOptics Ltd. and changed its name to EZchip Semiconductor Ltd. in July 2008. EZchip Semiconductor Ltd. was founded in 1989 and is based in Yokneam, Israel.
Advisors' Opinion:- [By Lisa Levin]
EZchip Semiconductor (NASDAQ: EZCH) shares climbed 5.80% to $23.53. The volume of EZchip Semiconductor shares traded was 635% higher than normal. EZchip Semiconductor's PEG ratio is 1.57.
- [By Jake L'Ecuyer]
EZchip Semiconductor (NASDAQ: EZCH) was also up, gaining 7.16 percent to $24.11 after a Cisco (NASDAQ: CSCO) announced a new product that would not threaten the company as previously thought. Equities Trading DOWN
Shares of Cypress Semiconductor (NASDAQ: CY) were down 16.05 percent to $9.91 after the company lowered its Q3 forecast. - [By Paul McWilliams]
Paul McWilliams: Oh, absolutely. Another company that most investors probably have never heard of is a tiny little Israeli semiconductor company named EZChip (EZCH).
10 Best Trucking Stocks To Invest In Right Now: iShares Russell 2000 Growth ETF (IWO)
iShares Russell 2000 Growth Index Fund (the Fund) seeks investment returns that correspond generally to the price and yield performance of the Russell 2000 Growth Index (the Index). The Index is a subset of the Russell 2000 Index, and measures the performance of the small-capitalization growth sector of the United States equity market. The Index is a capitalization-weighted index and consists of those companies or portion of a company, with higher price-to-book ratios and higher forecasted growth within the Russell 2000 Index.
The Index represents approximately 50% of the total market capitalization of the Russell 2000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. iShares Russell 2000 Growth Index Fund's investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion:- [By John Udovich]
Yesterday, Luna Innovations Incorporated (NASDAQ: LUNA), a rather unusual and innovative small cap stock,�soared some 23.26%���meaning its worth taking a closer look at the stock along with its performance verses the performance of small cap benchmarks like the iShares Russell 2000 Index ETF (NYSEARCA: IWM), the�iShares Russell 2000 Value Index ETF (NYSEARCA: IWN) or the iShares Russell 2000 Growth Index ETF (NYSEARCA: IWO).
10 Best Trucking Stocks To Invest In Right Now: GrafTech International Ltd (GTI)
GrafTech International Ltd (GTI) incorporated on April 26, 2010, is a manufacturer of graphite electrodes, products essential to the production of electric arc furnace (EAF) steel and various other ferrous and nonferrous metals. The Company also produces needle coke products, which are the primary raw material needed in the manufacture of graphite electrodes. The Company also manufactures carbon, graphite, and semi-graphite refractory products, which protect the walls of blast furnaces and submerged arc furnaces. The Company is manufactures and provides graphite and carbon materials used in the transportation, solar and oil and gas exploration industries. The Company's operating segments include Industrial Materials, which include graphite electrodes, refractory products and needle coke products, and Engineered Solutions, which includes advanced electronics technologies, advanced graphite materials, advanced composite materials, and advanced materials. The Company has seven product categories: graphite electrodes, refractory products, needle coke products, advanced graphite materials, advanced composite materials, advanced electronics technologies (formerly referred to as natural graphite products), and advanced materials.
Industrial Materials.
The Company's Industrial Materials segment manufactures and delivers graphite electrodes, refractory products and needle coke products. Approximately 70% of the Company's graphite electrodes sold is consumed in the EAF steel melting process. The remaining approximately 30% of the Company's graphite electrodes sold is primarily used in various other ferrous and non-ferrous melting applications, including steel refining ladle furnace operations for both EAF and basic oxygen furnace steel production, fused materials, chemical processing, and alloy metals. The Company is a producer of petroleum needle coke. Needle coke is the raw material in the manufacture of the graphite electrodes used in melting operations. The Company is also a leadi! ng global supplier of carbon, semi-graphitic and graphite refractory hearth linings for blast and submerged arc furnaces used to produce iron and ferro alloys.
The Company competes with SGL Carbon A.G. Tokai Carbon Co., Ltd. Showa Denko Carbon K.K. Graphite India Limited, HEG Limited, SEC Corporation Limited, Nippon Carbon Co., Ltd., Energoprom Group, Beijing FangDa Carbon Tech Co. Ltd., Sinosteel Corporation, Phillips 66, Petrocokes Japan Limited , Mitsubishi Chemical Company, Baosteel Group , C-Chem Co., Ltd. Indian Oil Company Limited, Hongte Chemical Industry Co., Ltd. JX Holdings Inc., Petrochina International Jinzhou Co., Ltd. and Sinosteel Anshan Research Institute of Thermo-Energy Co. Ltd.
Engineered Solutions
The Engineered Solutions segment includes advanced electronics technologies, advanced graphite materials, advanced composite materials and advanced materials. Advanced electronics technology products consist of electronic thermal management solutions, fuel cell components, and sealing materials. These products are used in transportation, alternative energy, metallurgical, chemical, oil and gas exploration and various other industries. Advanced composite materials are engineered carbon products that are woven into various shapes to primarily support the aerospace and defense industries. Advanced materials use carbon and graphite powders as components or additives in a variety of industries, including metallurgical processing, battery and fuel cell components, and polymer additives.
SGL Carbon A.G., Mersen S.A., Tokai Carbon Co., Ltd., Toyo Tanso Co., Ltd., SEC Carbon Ltd, Nippon Carbon Co. Ltd, Graphite India Ltd. (India) , Panasonic Corporation , and Kaneka Corporation .
Advisors' Opinion:- [By Eric Volkman]
Rhyu joins the company from IAC's (NASDAQ: IACI ) Match.com, where he has filled the roles of both CFO and chief administrative officer since 2011. Previous to that, he was a senior vice president at News Corp's (NASDAQ: FOXA ) Dow Jones & Company. He also served as corporate controller for both Sirius XM Radio and GrafTech International (NYSE: GTI ) .
10 Best Trucking Stocks To Invest In Right Now: CACI International Inc. (CACI)
CACI International Inc, through its subsidiaries, provides information solutions and services to the U.S. federal government and commercial markets in North America and internationally. The company offers enterprise information technology (IT) solutions and services for the design, development, integration, deployment, operations and management, sustainment, and security of clients� infrastructure; information solutions and services that automate the knowledge management lifecycle; and enterprise-level system solutions in the domain of procurement, financial, human capital, logistics, and supply chain management. It also offers intelligence, surveillance, and reconnaissance solutions; command and control solutions to support military, homeland security, law enforcement, border security, emergency response, and disaster relief missions; and develops and manages logistics information systems, and simulation and modeling toolsets, as well as provides logistics engineering se rvices. In addition, the company offers cyber security services that support preparing for, protecting against, detecting, reacting, and responding to the cyber threats; integrated security solutions and services for mitigating and countering the effects of natural, technological, and man-made hazards; geospatial solutions relating to defense, intelligence, homeland security, and commercial applications; and government investigation and litigation support solutions. Further, it provides healthcare IT solutions; identity management solutions; program management, and system engineering and technical assistance services to government program offices; mobility solutions and services; and planning, design, implementation, and management solutions that resolve technical or business needs for commercial and government clients in the telecommunications, education, financial services, healthcare services, and transportation sectors. The company was founded in 1962 and is headquartere d in Arlington, Virginia.
Advisors' Opinion:- [By Rich Smith]
The biggest of these contracts, a sizable $179.9 million, one-year award with the potential to swell to $899.5 million if the four "option-year" extensions are exercised, is to be split among 13 separate firms:
Booz Allen Hamilton (NYSE: BAH ) CACI (NYSE: CACI ) Technologies Computer Sciences Corp (NYSE: CSC ) General Dynamics (NYSE: GD ) One Source Honeywell (NYSE: HON ) Technology Solutions Engility Corp. Lockheed Martin Science Applications International Corp. URS Federal Services and four privately held firms.Under the awarded indefinite-delivery/indefinite-quantity (IDIQ), cost-plus-fixed-fee, performance-based umbrella contract, all 13 firms will be able to compete to perform task orders for the U.S. Navy, providing "integrated cyber operations services" to Space and Naval Warfare Systems Center Atlantic.
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