Sometimes Mr. Market offers long-term investors quality assets at distressed prices. We believe that now is such a time. Negative sentiment and excessive pessimism, in our view, have been plaguing Hong Kong and China for several months. This has opened up an opportunity for the Fund to buy Sun Hung Kai Properties Ltd. (“SHK”), the largest property developer and landlord in Hong Kong, at what we believe is a substant ial discount to its net asset value . SHK is not a household name in the U.S., but consider this: think about prime office buildings and desirable residential towers located in central parts of the city that are closest to you, and you’lI get a picture of SHK’s business in Hong Kong as well as Shanghai, where the company is rapidly expanding its domain. With occupancy rates for its office and retail properties close to 100%, brisk demand for its apartments marketed to the mass affluent, and a full pipeline of new projects in premier areas, we believe that S HK is a package of solid assets that is trading at an attractive discount to its underlying value . Fears about a serious slowdown in China’s economy, as well as local government efforts to cool property price increases, have fed into the negative market sentiment . Another issue that has cast a shadow over the company is the Hong Kong government’s legal action that commenced two years ago against the co-chairmen of the company, brothers Raymond and Thomas Kwok. While the day-to-day operations of the company may not have been impacted, there has been an effect on investors who speculate about the impact on the company. Our view is that this legal issue has been discounted in the share price, and what we are left to analyze is the value of SHK’s enormous property holdings. When this fog lifts – and we believe it will -we expect SHK’s discount to net asset value to narrow, with the possibility of allowing Wintergreen’s shareholders to profit from this glaring mismatch between current market price and intrinsic value.
5 Best Information Technology Stocks To Invest In 2015: Choice Hotels International Inc. (CHH)
Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. It franchises lodging properties under its proprietary brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria Suites, and Ascend Collection brands. As of March 31, 2011, it operated 6,128 open hotels comprising 492,733 rooms, as well as 606 hotels consisting of 49,908 rooms under construction, awaiting conversion, or approved for development in 49 states, and the District of Columbia in the United States; and approximately 40 countries and other territories. The company was founded in 1981 and is based in Silver Spring, Maryland.
- [By WWW.DAILYFINANCE.COM]
Getty Images From a door-to-door selling icon stocking up on blush after a disappointing quarter to several hotel chains checking in with strong occupancy trends, here’s a rundown of the week’s smartest moves and biggest blunders in the business world. Hotels — Winners Hoteliers were apparently hopping during the first quarter. Despite the iffy weather and the equally iffy economy, the leading chains reporting this week posted surprisingly robust activity. Revenue per available room is a key metric because it tracks occupancy levels as well as prevailing overnight rates. The industry’s doing well when RevPAR is positive, and that’s just what we saw with this week’s reports. Choice Hotels (CHH), Marriott (MAR), and Hyatt (H) clocked in with RevPAR increases of 5.6 percent, 6.3 percent and 6.5 percent, respectively. Twitter (TWTR) — Loser Shares of Twitter hit an all-time low this week after the company posted disappointing user growth. Sure, the “all-time low” remark needs to be accompanied by the caveat that Twitter has only been trading publicly for less than six months. It’s still a grim milestone for last year’s most anticipated debutante. Twitter’s revenue growth was fine, propelled by the recent success of its monetization initiatives. Its outlook was upbeat. However, the one thing that haunted investors this week was that Twitter had just 14 million more unique monthly visitors than it had a quarter earlier. That kind of sequential uptick would’ve impressed at most companies, but Twitter trades at a juicy premium to the market. #Letdown. J.C. Penney (JCP) — Winner The struggling department store operator isn’t out of the woods just yet, but at least one supplier is offering up encouraging insight. PVH (PVH) was presenting at an investor conference in Miami earlier in the week when its CEO offered up an encouraging perspective. “The Penney’s business is running on or ahead of plan and given what their sales trends are,” said CEO Manny Chirico,
- [By John Udovich]
Small cap hotel stock La Quinta Holdings Inc (NYSE: LQ) just had its IPO to raise a lower than expected $650 million after being priced below its expected range, meaning its worth taking a closer look at the stock which is focused on the mid-priced hotel market along with the performance of potential benchmarks like hotel stocks Marriott International Inc (NASDAQ: MAR), Choice Hotels International Inc (NYSE: CHH) and Wyndham Worldwide Corporation (NYSE: WYN).
5 Best Information Technology Stocks To Invest In 2015: Rentrak Corporation(RENT)
Rentrak Corporation, an information management company, provides content measurement and analytical services to companies in the entertainment industry. The company delivers content performance data for various entertainment platforms and media technologies, including television, theatrical, home entertainment, mobile, and broadband video. It operates in two divisions, Home Entertainment, and Advanced Media and Information. The Home Entertainment division delivers home entertainment content products, such as DVDs and blue-ray discs; and offers related rental and sales information for the content to home video specialty stores and other retailers in the United States and Canada. It leases products from various suppliers, including motion picture studios; and retailers sublease and rent these products to consumers. This division also includes direct revenue sharing (DRS) services, which encompasses the collection, tracking, auditing, and reporting of transaction and revenue data generated by DRS retailers to its respective DRS clients. The AMI division offers Essentials Suite of business information services. This division?s Essentials Suite software and services provide data collection, management, analysis, and reporting functions. It also collects and process data from across 26 countries. This division has operations in California, New York, Florida, the United Kingdom, Australia, Germany, France, Mexico, Argentina, Spain, and Russia. The company was founded in 1977 and is headquartered in Portland, Oregon with additional offices in Los Angeles, New York City, Miami/Ft. Lauderdale, Argentina, Australia, France, Germany, Mexico, Spain, and the United Kingdom.
- [By Maria Armental var popups = dojo.query(“.socialByline .popC”); popups.forEach]
Rentrak Corp.’s(RENT) revenue rose 40% with help from its television business revenue, but the box-office tracking and TV-ratings firm posted a slightly wider loss for its fiscal fourth quarter.
- [By James Oberweis]
Rentrak (RENT) offers technology that merges television viewership, advanced demographics, and actual consumer behavior information across multiple platforms, devices, and distribution channels.
- [By Sean Williams]
On the wrong track
Small-cap Rentrak (NASDAQ: RENT ) has done quite well for itself and shareholders over the past 12 months. As a marketing and entertainment information provider to the TV, movie, and advertising industry, Rentrak has witnessed its share price rise as the outlook for the overall economy continues to improve. But beyond the surface, Rentrak looks like a brutally overpriced research and information company with few growth catalysts.
5 Best Information Technology Stocks To Invest In 2015: Tenet Healthcare Corporation(THC)
Tenet Healthcare Corporation, an investor-owned health care services company, operates acute care hospitals and related health care facilities. The company?s general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies. It also provides intensive care, critical care and/or coronary care units, physical therapy; and orthopedic, oncology, and outpatient services; tertiary care services, such as open-heart surgery, neonatal intensive care, and neuroscience; quaternary care in areas, including heart, liver, kidney, and bone marrow transplants for children; gamma-knife brain surgery; and cyberknife surgery for tumors and lesions in the brain, lung, neck, and spine. As of June 30, 2011, it operated 49 acute care hospitals, and a critical access hospital with a combined total of 13,420 licensed beds primarily serving urban and suburban communities in 11 states of the United State s. The company also owns an interest in a health maintenance organization and operate various related health care facilities, including a long-term acute care hospital and various medical office buildings; revenue cycle management and patient communications services businesses; physician practices; captive insurance companies; and other ancillary health care businesses, such as including ambulatory surgery centers, diagnostic imaging centers, and occupational and rural health care clinics. In addition, Tenet Healthcare Corporation owns an interest in a management services subsidiary that provides network development, utilization management, claims processing, and contract negotiation services to physician organizations and hospitals that assume managed care risk. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.
- [By John Divine]
Stocks lost ground on Thursday as consumer spending numbers came in below expectations, and institutional investors sold positions ahead of the end of the second quarter. While the S&P 500 Index (SNPINDEX: ^GSPC ) ended modestly lower, Bed Bath & Beyond (NASDAQ: BBBY ) , Tenet Healthcare Corp. (NYSE: THC ) , and Philip Morris International, (NYSE: PM ) were the day’s worst decliners. The S&P 500 itself lost two points, or 0.1%, to end at 1,957.
- [By Michael Douglass and David Williamson]
Metal plans help consumers understand the so-called actuarial value of their plan, or what percentage of essential health benefits their plan covers. The lowest actuarial value plans are bronze, followed by silver, gold, and platinum. The death spiral refers to the fear that the final insurance pool for 2014 may be less healthy than insurers had anticipated, causing them to lose money and thereby raise premiums next year. Michael and David consider the two main issues with the death spiral argument. The individual mandate, or the law’s requirement that all individuals get insurance or face tax penalties, has consistently been the least popular aspect of Obamacare, but hospitals, including large for-profit operators Tenet Healthcare (NYSE: THC ) and HCA Holdings (NYSE: HCA ) , are poised to benefit. See the video to find out why.
- [By Ben Levisohn]
Tenet Healthcare (THC) has dropped 2.3% to $47.23 after the hospital operator missed earnings forecasts and offered lower-than-expected guidance.
Haverty Furniture (HVT) has gained 3.9% to $28.20 after the furniture retailer beat analyst forecasts.
- [By Sinisa Persich]
Tenet Healthcare Corp. (THC) has broken out of a bullish flag from its 20% run-up from under 40.00 in the last week of December and first half of January. Also in a one-year, sideways channel, the stock could see a breakout of its consolidation on a move above 47.25.
5 Best Information Technology Stocks To Invest In 2015: Envivio Inc (ENVI)
Envivio, Inc., incorporated on January 5, 2000, is a provider of Internet protocol (IP) video processing and distribution solutions, which enable the delivery of video to consumers. The Company’s solution is designed to enable service providers and content providers to offer video anytime, anywhere across a range of video formats, networks, consumer devices and operating systems. Its software-based solution runs on industry-standard hardware and includes encoders, transcoders, network media processors all controlled through its network management system. It enables service providers and content providers to deliver linear broadcast and on-demand video services to their customers through multiple screens, such as tablets, mobile handsets, netbooks, laptops, personal computers (PCs) and televisions. Its customers include mobile and wireline telecommunications service providers, cable multiple system operators (MSOs), direct broadcast satellite service providers (DBSs), and content providers, which includes broadcasters and content publishers, owners, aggregators and licensees.
The Company’s software platform includes core technologies: modular software architecture and multi-core video compression. The Company’s core competencies are in developing advanced media compression and video over IP technologies, where it delivers a carrier grade, multi-screen solution. Its modular software architecture provides a common platform of capabilities and features, which allows its products to perform critical video processing and distribution functions, including ingestion, processing, packaging, protection and encryption, network optimizations and monitoring. In addition, its software-based architecture allows customers to enable features or add capacity through the input of a simple security or license key.
The Company Multi-core video compression has a set of video processing and compression algorithms designed to optimize performance on industry-stan! dard, multi-core hardware chipsets. These algorithms are central to all of its encoder and transcoder products.
The Company’s unified video headend solution and unified delivery infrastructure for live and on-demand multi-screen video delivery are built on its encoding, transcoding and video distribution products. Its suite of products consists of Envivio 4Caster, Muse, Halo and 4Manager. Its 4Caster product delivers video to mobile, PC and television from a single platform. It has designed 4Caster to optimize live and on-demand workflows for video delivery commensurate with the characteristics of both legacy and current network infrastructures by encoding video input in multiple codecs, resolutions, bit rates and formats. 4Caster utilizes pre-processing techniques to clean and optimize video sources before encoding.
Envivio Muse is its new multi-screen software architecture designed for live or file-based video transcoding and distribution to multiple devices. Muse is available on industry-standard blade servers or its 4Caster appliances and enables service providers running large-scale operations to leverage their existing datacenter infrastructure to deliver enhanced video services. Muse also enables advanced functionality, such as ad-insertion and content protection for mobile devices that facilitates service monetization.
The Company’s Halo Network Media Processor performs final content adaptation for consumer devices, including protected adaptive bitrate streams compatible with Apple iOS, Android 3 and Microsoft Smooth Streaming enabled consumer devices. Its 4Manager network management system is specifically engineered to manage next generation video headends for mobile television, over-the-top (OTT) and Internet protocol television (IPTV), while continuing to support traditional broadcast distribution networks. 4Manager allows service providers to monitor and control all h eadend appliances. 4Manager is designed to maximize video he! adend ava! ilability and reliability by reporting system malfunctions and can automatically switch away from a defective unit, minimizing service disruption.
The Company offers a range of services in support of its products, including on-site project assessment, systems integration, on-site delivery and operational and customer support. On-site project assessment include complete review of content sources, existing systems and middleware to determine the proper interface and adaptation equipment necessary for its customer to deliver an optimized consumer quality of experience. Systems integration configures all the equipment with its solution according to network design and plan. On-site delivery install all equipment and test the operational environment, including redundancy and system monitoring, as well as administer technical training to validate predefined use cases in an operational environment. Operational and customer support provides differen t grades of service level agreements and support contracts according to requirements.
The Company competes with Harmonic Inc., Cisco Systems, Inc., Elemental Technologies, RGB Networks, Inc., Google Inc. and Ericsson AB.
- [By John Udovich]
Small cap video technology stocks Envivio Inc (NASDAQ: ENVI), Ku6 Media Co Ltd (NASDAQ: KUTV) and Tremor Video Inc (NYSE: TRMR) made some interesting moves today and in recent days or months – meaning its worth taking a closer look at all three to see if there might be opportunities for traders and investors alike:
- [By Jake L’Ecuyer]
Leading and Lagging Sectors
Technology stocks gained Thursday, with Infinera (NASDAQ: INFN) leading advancers. Meanwhile, gainers in the sector included Envivio (NASDAQ: ENVI), with shares up 2.8 percent, and Adept Technology (NASDAQ: ADEP), with shares up 4.3 percent.
5 Best Information Technology Stocks To Invest In 2015: NETGEAR Inc.(NTGR)
NETGEAR, Inc. engages in the design, development, marketing, and sale of networking products. The company offers home networking, storage, and digital media products to connect users with the Internet and their content and devices; networking, storage, and security solutions to commercial businesses; and whole home networking solutions to service providers for sale to their customers. Its products include commercial business networking products consisting of Ethernet switches, wireless controllers, Internet security appliances, and network attached storage devices; broadband access products, such as routers, gateways, IP telephony products, and media servers; and network connectivity products comprising wireless access points, wireless network interface cards and adapters, Ethernet network interface cards and adapters, media adapters, powerline adapters and bridges, and multimedia over coax alliance standard adapters and bridges. The company produces its products through t hird-party manufacturers. NETGEAR, Inc. markets its products primarily through retailers, online retailers, wholesale distributors, direct market resellers, value added resellers, and broadband service providers worldwide. NETGEAR, Inc. was founded in 1996 and is headquartered in San Jose, California.
- [By Steve Symington]
What: Shares of Netgear (NASDAQ: NTGR ) dropped more than 11% in Friday’s trading after the networking equipment specialist reported mixed second-quarter results and disappointing forward-margin guidance.
- [By Steve Symington]
Shares of Netgear (NASDAQ: NTGR ) touched a fresh 52-week-low during Tuesday’s intraday trading after the company released select preliminary results for the first quarter of 2013.
- [By Steve Symington and Erin Miller]
Early last week, Fool contributor Steve Symington wrote that he would soon buy shares of Netgear (NASDAQ: NTGR ) in his personal portfolio.
- [By Seth Jayson]
Netgear (Nasdaq: NTGR ) is expected to report Q2 earnings on July 25. 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 Netgear’s revenues will grow 10.2% and EPS will contract -12.5%.