Often, news about growth in the U.S. economy ends up being the dominant theme for the day it comes out. Yet, despite some concerns about a weaker-than-expected GDP report, what really seemed to motivate investors today was the stream of earnings reports, and other individual-company events, that largely cancelled each other out. By the close, the Dow Jones Industrials (DJINDICES: ^DJI ) finished up just 12 points, while the S&P 500 went the other way, falling less than 0.2%.
Among the positive contributors to the Dow was Chevron (NYSE: CVX ) , which climbed more than 1% after releasing earnings that beat expectations. Despite both revenue and income coming in with mid-single-digit percentage declines, the oil giant managed to increase its production volumes slightly, although not enough to offset falling prices for oil and gas. Unlike some of its peers, Chevron's refining division also suffered due to repairs and maintenance work; but, in the long run, the company appears better poised to deliver the growth it will need in order to sustain its massive energy portfolio.
Hot Gold Stocks To Own For 2015: AMR Corp (AAMRQ.PK)
AMR Corporation (AMR), incorporated in October 1982, operates in the airline industry. The Company�� principal subsidiary is American Airlines, Inc. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation (AMR Eagle), a wholly owned subsidiary of AMR, owns two regional airlines, which do business as American Eagle - American Eagle Airlines, Inc. and Executive Airlines, Inc. (collectively, the American Eagle carriers). American also contracts with an independently owned regional airline, which does business as AmericanConnection (the AmericanConnection carrier). As of December 31, 2011, AMR Eagle operated approximately 1,500 daily departures, offering scheduled passenger service to over 175 destinations in North America, Mexico and the Caribbean.
American, AMR Eagle and the AmericanConnection airline served more than 250 cities in approximately 50 countries with, on average, 3,400 daily flights and the combined network fleet numbered approximately 900 aircraft as of December 31, 2011. American Airlines is also a founding member of the oneworld alliance, which includes British Airways, Cathay Pacific, Finnair, LAN Airlines, Iberia, Qantas, JAL, Malev Hungarian, Mexicana, Royal Jordanian and S7 Airlines. Together, oneworld members serve 750 destinations in approximately 150 countries, with about 8,500 daily departures. American is also one of the scheduled air freight carriers in the world, providing a range of freight and mail services to shippers throughout its system onboard American�� passenger fleet.
To improve access to each other�� markets, American has established marketing relationships with other airlines and rail companies. As of December 31, 2011, American had marketing relationships with Air Berlin, Air Pacific, Air Tahiti Nui, Alaska Airlines , British Airways, Cape Air, Cathay Pacific, China Eastern ! A! irlines, Dragonair, Deutsche Bahn German Rail, EL AL, Etihad Airways, EVA Air, Finnair, GOL, Gulf Air, Hawaiian Airlines, Iberia, Japan Airlines (JAL), Jet Airways, JetStar Airways, LAN (includes LAN Airlines, LAN Argentina, LAN Ecuador and LAN Peru), Niki Airlines, Qantas Airways, Royal Jordanian, S7 Airlines, and Vietnam Airlines.
American has established the AAdvantage frequent flyer program (AAdvantage). AAdvantage members earn mileage credits by flying on American, American Eagle and the AmericanConnection carrier or by using services of other participants in the AAdvantage program. Mileage credits can be redeemed for free, discounted or upgraded travel on American, American Eagle or other participating airlines, or for other awards. American sells mileage credits and related services to other participants in the AAdvantage program. There are over 1,000 program participants, including a credit card issuer, hotels, car rental companies, and other products an d services companies in the AAdvantage program. As of December 31, 2011, AAdvantage had approximately 69 million total members.
The Company competes with Alaska Airlines (Alaska), Delta Air Lines (Delta), Frontier Airlines, JetBlue Airways (JetBlue), Hawaiian Airlines, Southwest Airlines (Southwest) and AirTran Airways (Air Tran), Spirit Airlines, United Airlines (United) and Continental Airlines (Continental), US Airways and Virgin America Airlines.
Advisors' Opinion:- [By Tom Sandlow]
Synopsis: As a result of the terms of its bankruptcy and the proposed merger with U.S. Airways (LCC), an equity investment in AMR Corp (AAMRQ.PK) is equivalent to a series of derivatives on LCC. At current market values, AAMRQ is undervalued by approximately 40%. It is possible to create an arbitrage position that should capture this pricing differential over the next 6 months.
- [By Insider Monkey]
Last but not the least is US Airways Group (LCC), in which Y/Cap slightly increased its position, now owning around $7.9 million. U.S. Airways is currently on the minds of many investors, mainly due to its plans to merge with American Airlines parent AMR Corp (AAMRQ.PK). While European regulators approved the merger, the U.S. Department of Justice put a spoke in the wheel, and is trying to block the move. The companies filed a motion to the court to set the trial date for November 12. Amid these actions, U.S. Airways and American Airlines prolonged the outside date at which one of the companies can terminate the proposed merger.
Top Income Stocks To Own For 2014: Ishares Msci Korea (EWY)
iShares MSCI South Korea Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the South Korean market. The Fund's performance is measured by the MSCI Korea Index (the Index).
The Fund invests in a representative sample of securities in the Index, which has a similar investment profile as the Index. iShares MSCI South Korea Index Fund's investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion:- [By Benjamin Shepherd]
The iShares MSCI Emerging Markets Index (NYSE: EEM) seems to have halted its slide.� The index bottomed out year-to-date on February 3, when it was down 11.2 percent. Since then, it has gained 1.5 percent, but bargains in the emerging markets still abound.
As I discussed in �� Plan, Not a Panic��two weeks ago, emerging markets are in much better economic shape today than they were even just a few years ago, much less during the currency crisis that peaked in 1998. Foreign exchange reserves are generally much more robust, budget deficits are narrower if they exist at all and, so far at least, the full-blown currency war that many were predicting last year isn�� likely to breakout.
With rationality finally setting in, this is a terrific time to do a little bargain hunting in the emerging markets.
The most obvious play here is the iShares MSCI Emerging Markets Index itself. Covering China (18.8 percent of assets), South Korea (16 percent), Taiwan (12 percent) and Brazil (10.2 percent) with smaller positions spanning Asia and Europe, the fund is most exposed to any shift in sentiment.
The fund is currently trading at just 10.2 times forward one-year earnings, well below its average of about 18 times over the past two decades. On a price-to-sales basis it is even more attractive valued at just 1.03 times; the last time the index was this cheap on a sales basis was early 2009.
So while there are always dangers in trying to call a bottom to any market move, valuations alone are attractive enough to start pulling bargain hunters back in.
A broadly diversified play on an emerging market turnaround, iShares MSCI Emerging Markets Index is a great buy up to 45, which leaves plenty of room to run back to the average.
For those who can tolerate a bit more risk, you can also drill down and make more country-specific bets.
At this point my favorite would be iShares MSCI South Korea Index Fund (NYSE: EWY).
Sout
Top Income Stocks To Own For 2014: StealthGas Inc.(GASS)
StealthGas Inc., a ship-owning company, through its subsidiaries, provides international seaborne transportation services worldwide. The company transports petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer. It also transports refined petroleum products, such as gasoline, diesel, crude oil, fuel oil, jet fuel, edible oils, and chemicals. As of January 9, 2012, the company had a fleet of 33 liquefied petroleum gas (LPG) carriers with a total capacity of 153,088 cubic meters, 3 medium range product tankers, and 1 Aframax oil tanker. It serves LPG producers comprising national and independent energy companies, energy traders, and industrial users. StealthGas Inc. was founded in 2004 and is headquartered in Athens, Greece.
Advisors' Opinion:- [By Eric Volkman]
StealthGas (NASDAQ: GASS ) has ambitions to raise $100 million from the capital markets. The company put a price tag on its upcoming public share flotation, and upped the volume in the process -- 10 million shares are to be sold, as opposed to the originally planned 8 million, and they will be priced at $10.00 apiece.
- [By Tim Melvin]
Several shipping stocks have already started to move higher this year, but in a fashion that will be typical of the volatility in the sector, we saw an opportunity created this week. StealthGas (GASS) reported earnings that fell well short of analyst expectations, and the stock plummeted by almost 8 percent for the week.
- [By Sally Jones]
StealthGas Inc. (GASS) - Yield 0.00%
StealthGas Inc. is up 38% over 12 months. The current share price is around $9.40, down 11% since John Keeley made a new buy as of June 30, 2013.
Top Income Stocks To Own For 2014: Tumi Holdings Inc (TUMI)
Tumi Holdings, Inc. (Tumi), incorporated in September 2004, offers a range of travel and business products and accessories in various categories. The Company designs its products for, and markets its products to, professionals, travelers and individuals. As of December 31, 2011, the Company distributed its products worldwide in over 70 countries through approximately 1,600 points of distribution. The Company sells its products worldwide to consumers through both direct and indirect channels and manages its business through four operating segments: Direct-to-Consumer North America, Direct-to-Consumer International, Indirect-to-Consumer North America and Indirect-to-Consumer International.
Tumi utilizes an array of channels, including retail, wholesale and e-commerce. The Company�� retail stores are located in retail venues worldwide, including New York, San Francisco, Chicago, Paris, London, Rome, Tokyo, Munich, Moscow, Milan and Barcelona. The Company designs its products in its United States design studios. The Company sells its products directly to consumers through a worldwide network of approximately 100 company-owned locations, consisting of full-price stores located in retail malls or street venues, outlet stores in outlet malls and its e-commerce Websites. During the year ended December 31, 2011, Direct-to-Consumer sales consisted approximately 48% of its net sales.
The Company sells its products indirectly to consumers through various channels that include partner stores (wholesale accounts operated by local distributors or retailers that carry only Tumi products), its worldwide wholesale distribution network of specialty luggage retailers, department stores and business-to-business channels, retail concessions within department stores and third-party e-commerce sites, such as Amazon.com, Zappos.com. Indirect-to-Consumer sales consisted of approximately 52% of its net sales during 2011. Tumi offers travel and business products, as well as accessories. Travel produc! ts include wheeled and soft carry-on luggage, garment bags, totes, duffels, wheeled packing cases and travel kits. Business products include business cases, day bags and totes. Its accessories include agendas and planners, passport cases, umbrellas and travel accessories, such as electric current adapters, key fobs, packing accessories, toiletry kits and foldable travel totes. Its accessories also include belts, outerwear and sunglasses and eyewear.
Direct-to-Consumer North America
The Company sells its products directly to consumers through a network of 83 company-owned retail stores consisting of full-price stores and outlet stores located in retail malls or street venues. It also sells its product directly to consumers through its e-commerce Website.
Direct-to-Consumer International
As of December 31, 2011, the Company sold directly to consumers through a network of 14 company-owned full-price and outlet stores in street venues and select malls in international locations. It also sells its products directly to consumers through its two international e-commerce Websites.
Indirect-to-Consumer North America
As of December 31, 2011, the Company sold to wholesale customers in North America through approximately 700 doors, including specialty luggage retailers, department stores and business-to-business channels. Many of its wholesale customers also operate their own e-commerce Websites through which it sells. The Company�� products are also sold in partner stores operated by local distributors or retailers that carry only Tumi products.
Indirect-to-Consumer International
The Company sells its products to wholesale customers through approximately 800 doors, approximately 59% of which are in the Europe, Middle East and Africa region, 39% of which are in the Asia-Pacific region, and 2% of which are in the Central and South America region. It has distribution channels in Australia, China, Europe, Hong Kon! g, the Mi! ddle East, South Africa, South Korea, Southeast Asia and Taiwan. Its products are also sold in partner stores operated by local distributors or retailers that carry only Tumi products. The Company also operates concessions in department stores throughout Europe and the Middle East. Many of its wholesale customers also operate their own e-commerce Websites through which they sell its products.
Tumi competes with Rimowa, Samsonite, Bally, Burberry, Dunhill, Ferragamo, Gucci, Louis Vuitton, Montblanc, Porsche, Prada, Victorinox, Briggs and Riley, Mandarina Duck, Piquadro, Porter, Ace Brand, and Coach.
Advisors' Opinion:- [By Michael Lewis]
Luxury luggage brand Tumi (NYSE: TUMI ) , a little more than one year since its IPO, has failed to achieve much in the way of capital appreciation. The company came out of the gates with a rich valuation, heavily influenced by the then-recent success of other high-line brands such as Michael Kors. Tumi is growing, and will continue to grow -- much of its performance (or lack thereof) in the market has been the typical story of overvaluation and overhype. In the just-released earnings, there is plenty of evidence of a fundamentally strong company with a long runway for growth, even if Wall Street analysts were expecting a little more. With a long-term mind-set, is Tumi a good stock?
- [By Luke Jacobi]
Tumi Holdings (NYSE: TUMI) was also up, gaining 6.09 percent to $20.55 after the company signed a licensing agreement with David Peyser Sportswear.
Top Income Stocks To Own For 2014: Fresh Del Monte Produce Inc.(FDP)
Fresh Del Monte Produce Inc., through its subsidiaries, produces, transports, sources, markets, and distributes fresh and fresh-cut fruit and vegetables worldwide. It also offers prepared fruit and vegetables, juices, beverages, snacks, and poultry and meat products. The company provides various fresh-cut fruit products, such as bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, kiwi, strawberries, plantains, mangos, and fruit cocktail; and fresh-cut vegetable products primarily consisting of potatoes, onions, bell peppers, and cucumbers, as well as prepared salads, such as coleslaw and potato salad. In addition, Fresh Del Monte Produce engages in ocean freight; and manufacture of plastics and box products comprising bins, trays, bags, and boxes. It offers fresh produce under the DEL MONTE, UTC, and Rosy brands; and prepared fruits and vegetables, juices, beverages, and snacks under the DEL MON TE, Fruit Express, Just Juice, and Fruitini brands. The company markets and distributes its products to retail stores, food clubs, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.
Advisors' Opinion:- [By Rich Duprey]
Slipped on a banana peel
Maybe they were just envious of rival Fresh Del Monte Produce (NYSE: FDP ) , which had served up a buyback plan the week before they did and wanted to show they had the financial wherewithal, too.� - [By Lauren Pollock]
Fresh Del Monte Produce Inc.(FDP) said sales rose in the fourth quarter, driven by a surge in its banana business. The company, however, posted a wider net loss due to higher impairment charges and costs.
- [By Jake L'Ecuyer]
Top decliners in the sector included Fresh Del Monte Produce (NYSE: FDP), off 6.7%, and Coca-Cola Company (NYSE: KO), down 4%. Shares of Fresh Del Monte tumbled after the company reported weak quarterly earnings.
- [By Jon C. Ogg]
The first list of 24/7 Wall St. stocks under book value for the month of August are Apache Corp. (NYSE: APA), Fresh Del Monte Produce Inc. (NYSE: FDP), Genworth Financial Inc. (NYSE: GNW), Ingram Micro Inc. (NYSE: IM) and JetBlue Airways Corp. (NASDAQ: JBLU). We generally have�focused on net asset values and tangible book values, as well as forward price-to-earnings multiples, share price performance, analyst expectations via the Thomson Reuters consensus price target and more.
Top Income Stocks To Own For 2014: Xcel Energy Inc.(XEL)
Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, and industrial customers, as well as to public authorities in the United States. The company generates electricity using coal, nuclear, natural gas, hydro, wood, diesel, and wind energy. It also engages in the purchase, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers. The company serves customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. As of December 31, 2010, it provided electricity services to 3,391,611 customers; and natural gas services to 1,893,250 customers. Xcel Energy, through its joint venture interests in WYCO Development LLC, develops and leases natural gas pipeline, storage, and compression facilities. The company was founded in 1909 and is based in Minneapolis, Minnesota.
Advisors' Opinion:- [By Shauna O'Brien]
Jefferies announced on Wednesday that it has raised its rating on Xcel Energy Inc (XEL).
The firm has upgraded XEL from “Hold” to “Buy,” and has raised the company’s price target from $31 to $32.50. This new price target suggests a 15% upside from the stock’s current price of $27.72.
Analyst Paul B. Fremont commented: “The stock is currently trading at an 8% P/E discount to our 2015E group average multiple.”
“Despite a difficult political environment in Minnesota the company was able to achieve a reasonable outcome in its NSP-Minnesota rate case,” the analyst added.
Looking forward, the firm has increased its FY2014 outlook from $1.95 to $2.00 per share.
Xcel Energy shares were mostly flat during pre-market trading Wednesday. The stock has been mostly flat YTD.
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