Today, I want to share a little history lesson with you. It comes from one of the worst periods of human history but makes a point about human innovation that can't be said enough — that given enough time and capital, we're capable of some pretty remarkable things.
And the good news for investors like you and me is that we can use this universal truth to profit handsomely…
The Great Famine was among the worst episodes of starvation in recorded history.
Crops were devastated after an abrupt change in weather patterns in the early 1300s. Many seeds that were planted simply rotted in the soil. Livestock couldn't be fed due to lack of grain, and malnourished stock succumbed to disease.
Famine began to spread from poorer peasants to wealthier nobleman and merchants. Even King Edward II had trouble finding food for himself.
Best Clean Energy Stocks To Buy For 2014: Ishares S&P 500 (IVV)
iShares Core S&P 500 ETF, formerly iShares S&P 500 Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of United States large-cap stocks, as represented by the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The Index serves as the underlying index for the S&P 500/Citigroup Growth and Value Index series.
The Index is a capitalization-weighted index from a range of industries chosen for market size, liquidity and industry group representation. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Index is adjusted to reflect changes in capitalization resulting from mergers, acquisitions, stock rights, substitutions and other capital events. The Fund’s investment advisor is Barclays Global Fund Advisor.
- [By Victor Selva]
ETFs require no investment minimum beyond the price of one share. iShares Core S&P 500 (IVV) charges 0.07%, while the largest S&P 500 Index fund, SPDR S&P 500 (SPY), charges 0.09%. Vanguard S&P 500 ETF (VOO) charges 0.05% and is technically a separate share class of the Vanguard 500 Index mutual fund.
- [By Dan Caplinger]
Much smaller is the iShares Core S&P 500 ETF (NYSEMKT: IVV ) . With about $43 billion under management, the iShares ETF comes with lower expenses of 0.07%, but much lower average daily volume of just 3.8 million shares. Like the Spiders, its share price roughly corresponds to a tenth of the value of the S&P 500 index.
Best Clean Energy Stocks To Buy For 2014: General Communication Inc.(GNCMA)
General Communication, Inc. provides communication services to residential and business customers under the GCI and Alaska Wireless brand names in Alaska. The company?s Consumer segment provides local and long distance voice services; video services and products, including cable, high-definition television, digital video recorder, premium channel programming, video on demand, and pay-per-view programming services; Internet access; and fixed and mobile wireless voice and data services. This segment also sells handsets, personal computer wireless data cards, and accessories to residential customers; and offers bundled services and products, which comprise long-distance, cable television, cable modem Internet access, local access, and wireless services. Its Network Access segment provides interstate and intrastate-switched message telephone, multi-protocol label switching, frame relay, private line and dedicated Internet, and wireless services to GSM and CDMA wireless carrie rs. The company?s Commercial segment offers local and long distance communication, video, Internet, data network, managed, wireless, and bundled products and services. Its Managed Broadband segment offers Internet access, data network, and managed services to rural school districts, hospitals, and health clinics. The company?s Regulated Operations segment provides wireline communications services, including local access and long-distance, and Internet services and products, to residential, business, and governmental customers in areas of rural Alaska. General Communication, Inc. sells its services primarily through direct contact marketing, as well as through local media advertising, and its retail stores and Website. As of December 31, 2011, it had approximately 87,900 long-distance customers, 138,100 local access lines in service, 142,600 basic cable subscribers, 139,900 wireless subscribers, and 119,400 cable modem subscribers. The company was founded in 1979 and is bas e d in Anchorage, Alaska.
- [By Dan Radovsky]
Alaska Communications and General Communication (NASDAQ: GNCMA ) — also known as GCI — have finalized the transaction they proposed last summer to form The Alaska Wireless Network, or AWN, both companies announced today.
- [By Dan Radovsky]
Alaska Communications and General Communications, (NASDAQ: GNCMA ) , or GCI, today signed the network sharing agreement they proposed last summer.
Best Clean Energy Stocks To Buy For 2014: FutureFuel Corp. (FF)
FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, engages in the manufacture and sale of specialty chemicals and bio-based products primarily in the United States. The company operates in two segments, Chemicals and Biofuels. The Chemicals segment provides custom chemical manufacturing services for specific customers, such as bleach activators for detergent and consumer products manufacturers; proprietary herbicide and intermediates for life sciences companies; agrochemicals; and industrial and consumer products, such as cosmetics and personal care products, ink colorants, adhesion promoters, polymer additives, polymer and specialty dyes, specialty polymers, photographic and imaging chemicals, and food additives. This segment also manufactures and sells a range of performance chemicals, including a family of polymer (nylon) modifiers and small-volume specialty chemicals for various applications; a family of acetal-based solvents, consisting of diethoxy methane, dimethoxymethane, dibutoxymethane, and glycerol formal; and phenol sulfonic acid that build on sulfonations technology. Its chemical products are used in various markets and end uses, including detergents, agrochemicals, automotive, photographic imaging, coatings, nutrition, and polymer additives. The Biofuels segment produces and sells biodiesel, as well as petrodiesel in blends with or without biodiesel. This segment also operates a granary in central Arkansas that involves in the purchase and sale of agricultural commodities, primarily soybeans, rice, and corn. This segment markets its biodiesel products by truck and rail directly to customers. FutureFuel Corp. was formerly known as Viceroy Acquisition Corporation and changed its name to FutureFuel Corp. in 2006. FutureFuel Corp. was incorporated in 2005 and is based in St. Louis, Missouri.
- [By Brian Pacampara]
What: Shares of chemical and biofuels manufacturer FutureFuel (NYSE: FF ) soared 20% on Tuesday after its quarterly results impressed Wall Street.
- [By Monica Gerson]
FutureFuel (NYSE: FF) surged 21.01% to $21.25 in the pre-market session after the company reported a rise in its fourth-quarter earnings. FutureFuel posted its quarterly profit of $0.61 per share, versus a year-ago profit of $0.15 per share.
- [By Maxx Chatsko]
3. Focus on efficiency
A combination of factors plays a role in efficiently producing biodiesel. FutureFuel (NYSE: FF ) , which owns an annual capacity of 59 million gallons to complement its niche chemical business, relies heavily on location. The company’s two biorefineries don’t have a nationwide infrastructure to aid in getting product to the market and are dependent on rail and barge access. Despite the FutureFuel’s amazing progress is improving its process — annual capacity jumped from just 35 million gallons in 2011 to 59 million gallons today — the company admits that its relatively small operations may cease to exist given changes in feedstock prices, government mandates, and tax credits.
Best Clean Energy Stocks To Buy For 2014: American Apparel Inc (APP)
American Apparel, Inc. incorporated on July 22, 2005, is a vertically integrated manufacturer, distributor, and retailer of branded fashions basic apparel and accessories for women, men, children and babies. As of January 31, 2013, the Company had operated 251 retail stores in 20 countries. The Company also operates an e-commerce site that serves over 60 countries worldwide at www.americanapparel.com . In addition, American Apparel operates a business that supplies T-shirts and other casual wear to distributors and the imprintable industry. The Company operates in four business segment: U.S. Wholesale, U.S. Retail, Canada, and International.
The U.S. Wholesale segment consists of the Company’s wholesale operations of sales of undecorated apparel products to distributors and third party screen printers in the United States, as well as its online consumer sales to United States customers. The U.S. Retail segment consists of the Company’s retail store operations in the United States. The Canada segment consists of the Company’s retail, wholesale and online consumer operations in Canada. As of December 31, 2012 , the retail operations in the Canada segment consisted of 35 retail stores. The International segment consists of the Company’s retail, wholesale and online consumer operations outside of the United States, and Canada. As of December 31, 2012 , the retail operations in the International segment were consisted of 76 retail stores.
As of December 31, 2012 , the Company’s retail operations consisted of 251 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium, Germany, France, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea and China. The Company’s wholesale operations sell to over a dozen authorized distributors and approximately 10,000 screen printers and advertising specialty companies. The Company o perates 12 online stores in the United States, Canada, the U! nited Kingdom, Continental Europe, Switzerland, Japan, South Korea, Australia, Mexico, Brazil, Singapore and Hong Kong.
The Company competes with The Gap, Urban Outfitters, H&M, Uniqlo, Forever 21, Gildan Activewear, HanesBrands, Russell Athletic and Fruit of the Loom.
- [By John Kell var popups = dojo.query(“.socialByline .popC”); popups.forEach(func]
Among the companies with shares expected to actively trade in Wednesday’s session are American Apparel Inc.(APP), Exelixis Inc.(EXEL) and Francesca’s Holdings Corp.(FRAN)
Best Clean Energy Stocks To Buy For 2014: Commercial Metals Co (CMC)
Commercial Metals Company, incorporated on August 29, 1946, and its subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network, including steel mini mills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mini mill, metal recycling facilities and marketing and distribution in the United States and in international markets. The Company Americas Division operates utilizing three segments: Americas Recycling, Americas Mills and Americas Fabrication. The Company’s International Division operates utilizing two segments: International Mill and International Marketing and Distribution, which includes all marketing and distribution operations located outside the United States, as well as two United States-based trading and distribution divisions, CMC Cometals, located in Fort Lee, New Jersey and CMC Cometals-Steel, located in Irving, Texas. In October 2013, Commercial Meta ls Company completed the sale of Howell Metal Company, to Mueller Copper Tube Products, Inc., a subsidiary of Mueller Industries, Inc.
The Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. This segment operates 33 scrap metal processing facilities with 16 locations in Texas, eight in Florida, two locations in Missouri and one location in each of Arkansas, Georgia, Kansas, Louisiana, North Carolina, Oklahoma and Tennessee. The Company purchases ferrous and nonferrous scrap metals, processed and unprocessed, from a range of sources in a range of forms for its metals recycling plants. Sources of metal for recycling include manufacturing and industrial plants, metal fabrication plants, electric utilities, machine shops, factories, railroads, refineries, shipyards, ordinance depots, demolition businesses, automobile salvage firms and wrecking firms.
The Comp any’s scrap metal recycling plants typically consist of an o! ffice and warehouse building equipped with specialized equipment for processing both ferrous and nonferrous metal located on several acres of land that the Company uses for receiving, sorting, processing and storing metals. Several of the Company’s scrap metal recycling plants use a small portion of their site or a nearby location to display and sell metal products that may be reused for their original purpose without further processing. Americas Recycling operates five shredding machines, three in Texas, one in Florida, and one in Oklahoma capable of pulverizing obsolete automobiles or other sources of scrap metal. The Company sells scrap metals to steel mills and foundries , aluminum sheets and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers and other consumers.
The Americas Mills segment includes the Company’s domes tic steel mills, including scrap metal shredders and processing facilities that directly support these mills and the domestic copper tube minimill. The Company conducts its Americas Mills operations through a network, which includes five steel mills, commonly referred to as minimills, that produce one or more of reinforcing bar, angles, flats, rounds, small beams, fence-post sections and other shapes; two scrap metal shredders and processing facilities that directly support the steel minimills, and The Company operates five steel minimills, which are located in Texas, Alabama, South Carolina, Arizona and Arkansas.
The Company’s Texas minimill manufactures a line of bar size products, including reinforcing bar, angles, rounds, channels, flats, and special sections used primarily in building highways, reinforcing concrete structures and manufacturing. It sells primarily to the construction, service center, energy, petrochemical, and original equipment manufacturi ng industries. The Company’s South Carolina minimill manufac! tures a l! ine of bar size products, which primarily includes steel reinforcing bar. The minimill also manufactures angles, rounds, squares, fence post sections and flats. The South Carolina minimill ships its products to customers located in the Southeast and mid-Atlantic regions, which include the states from Florida through southern New England.
The Americas Fabrication segment consists of the Company’s rebar fabrication operations, fence post manufacturing plants and construction-related and other product facilities. The Company conducts its Americas Fabrication operations through a network include steel plants that bend, cut, weld and fabricate steel, primarily reinforcing bar; warehouses that sell or rent products for the installation of concrete; plants that produce steel fence posts, and plants that heat-treat steel to strengthen and provide flexibility. The Company’s Americas Fabrication segment operates 49 facilities that the Com pany considers to be engaged in the various aspects of steel fabrication.
The Company conducts steel fabrication activities in 16 locations in Texas, five each in California and South Carolina, three in Florida, two each in Arkansas, Colorado, Illinois, Louisiana, Mississippi, North Carolina, and Virginia, and one each in Arizona, Georgia, Nevada, New Mexico, Tennessee and Utah. Fabricated steel products are used primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams. Generally, the Company sells fabricated steel in response to a bid solicitation from a construction contractor or the project owner. The Company sells and rent construction related products and equipment to concrete installers and other construction businesses.
The Company has 23 locations in Texas, Louisiana, Mississippi, and Oklahoma, where the Company st ore and sell these products which, with the exception of a s! mall port! ion of steel products, are purchased from third-party suppliers. The Company operates plants in Chicora, Pennsylvania, Struthers, Ohio and Pell City, Alabama which manufactures armor plate for military vehicles, high strength bar for the truck trailer industry and special bar quality steel for the energy market.
The Company’s International Mill segment includes the Company’s minimill and recycling operations in Poland and its fabrication operations. The Company’s subsidiary, CMC Zawiercie S.A. (CMCZ), owns a steel minimill and conducts its operations at Zawiercie, Poland. CMCZ, along with the Company’s international recycling and fabrication operations, constitute the International Mill segment. CMCZ operates equipment similar to the Company’s domestic steel minimills. The Company operates three rolling mills, one wire-rod mill and two bar mills including a specialty rod finishing mill. In addition, the Company operates a fabricat ion facility in Dabrowa Gornicza, Poland, that produces welded steel mesh, cold rolled wire rod and cold rolled reinforcing bar.
International Marketing and Distribution
International Marketing and Distribution includes international operations for the sales, distribution and processing of steel products, ferrous and nonferrous metals and other industrial products. In addition, the Company’s International Marketing and Distribution segment includes the Company’s United States based trading and distribution divisions, CMC Cometals and CMC Cometals Steel. The Company’s International Marketing and Distribution business buys and sells primary and secondary metals, fabricated metals, semi-finished, long, flat steel products and other industrial products. The Company sells its products to customers, primarily manufacturers, in the steel, nonferrous metals, metal fabrication, chemical, refractory, construction and transportation businesses. This segment a lso operates a recycling facility in Singapore.
- [By John Kell and Lauren Pollock var popups = dojo.query(“.socialByline .popC”); ]
Commercial Metals Co.(CMC) said its fiscal second-quarter earnings surged as results in the steelmaker and recycler’s international mills business offset impacts from rising materials costs at its Americas units. Results missed expectations, but shares edged up 2.6% to $19.43 premarket.
- [By Ben Levisohn]
First, let Credit Suisse analyst Nathan Littlewood and team explain why they not only downgraded US Steel and Nucor, but lowered their EBITDA forecasts for AK Steel (AKS), Commercial Metals (CMC) and Steel Dynamics (STLD), as well:
- [By Ben Levisohn]
We are downgrading shares of [Commercial Metals (CMC) and Steel Dynamics] to HOLD from BUY based on valuation and what we see as heightened near-term EPS expectations…
- [By Dividends4Life]
Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description:
1. Avg. High Yield Price
2. 20-Year DCF Price
3. Avg. P/E Price
4. Graham Number
NUE is trading at a premium to all four valuations above. The stock is trading at a 85.8% premium to its calculated fair value of $28.51. NUE did not earn any Stars in this section.
Dividend Analytical Data: In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description:
1. Free Cash Flow Payout
2. Debt To Total Capital
3. Key Metrics
4. Dividend Growth Rate
5. Years of Div. Growth
6. Rolling 4-yr Div. > 15%
NUE earned one Star in this section for 2.) above. The stock earned a Star as a result of its most recent Debt to Total Capital being less than 45%. The company has paid a cash dividend to shareholders every year since 1973 and has increased its dividend payments for 40 consecutive years.
Dividend Income vs. MMA: Why would you assume the equity risk and invest in a dividend stock if you could earn a better return in a much less risky money market account (MMA) or Treasury bond? This section compares the earning ability of this stock with a high yield MMA. Two items are considered in this section, see page 2 of the linked PDF for a detailed description:
1. NPV MMA Diff.
2. Years to > MMA
The negative NPV MMA Diff. means that on a NPV basis the dividend earnings from an investment in NUE would be less than a similar amount invested in MMA earning a 20-year average rate of 3.68%. If NUE grows its dividend at 0.7% per year, it will never equal a MMA yielding an estimated 20-year average rate of 3.68%.
Memberships and Peers: NUE is a member of the S&P 500, a Dividend Aristocrat, a member of the Broad Dividend Achievers
Best Clean Energy Stocks To Buy For 2014: Komatsu Ltd (KMTUY)
Komatsu Ltd. (Komatsu), incorporated in May 13, 1921, is a global company engaged in the manufacturing, development, marketing and sale of a range of industrial-use products and services. The manufacturing operations of Komatsu are conducted primarily at plants located in Japan, the United States, Brazil, the United Kingdom, Germany, Sweden, Italy, Indonesia, China, Thailand and India. Komatsu’s products are primarily sold under the Komatsu brand name and almost all of its sales and service activities are conducted through its sales subsidiaries and independent distributors who primarily sell products to retail dealers in their respective geographic area. Komatsu operates and competes in the six principal markets, such as Japan, the United States, Europe and Commonwealth of Independent States (CIS), China, Asia (excluding Japan and China) and Oceania and the Middle East and Africa. In May, 2009, Komatsu acquired the additional interest in Komatsu Australia Corporate Fina nce Pty. Ltd.
Construction, Mining and Utility Equipment
The Company offers various types of construction, mining and utility equipment, ranging from super-large machines capable of mining applications to general construction equipment and mini construction equipment for urban use. Komatsu’s range of products in this operating segment also includes a variety of attachments to be used with its products. Komatsu’s principal products include excavating equipment, loading equipment, grading and roadbed preparation equipment, hauling equipment, forestry equipment, tunneling machines, recycling equipment, industrial vehicles, other equipment, engines and components, casting products and logistics.
Industrial Machinery and Others
The Company’s Industrial Machinery and Others segment products are used by a range of businesses and include industrial machinery, such as forging and sheet metal machinery and other services. Kom atsu’s principal products include metal forging and stampi! ng presses, sheet metal machines, machine tools, defense systems, temperature-control equipment and others.
The Company competes with Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Volvo Construction Equipment NV, CNH Global N.V., Hyundai Heavy Industries Co., Ltd., Doosan Infracore Co., Ltd. and Toyota Motor Corporation.
- [By Nicole Seghetti]
Japanese industrial manufacturer Komatsu (NASDAQOTH: KMTUY ) recently picked up market share in China by outcompeting rival Caterpillar on price. But Fisher probably dumped Komatsu stock based partly on the company’s shrinking profits resulting from falling demand in Asian nations such as China and Indonesia .
- [By Dan Carroll]
That doesn’t mean you should rush headfirst into any old Japanese stock on the hopes of a nationwide surge; as with all investing, picking the best stocks is the way to go. The country’s top exporters have seen their stock rise and fall with the yen’s volatility, but leading manufacturers such as Kubota (NASDAQOTH: KUBTY ) and Komatsu (NASDAQOTH: KMTUY ) are poised to ride a weaker yen higher to better compete against foreign rivals.
- [By Dan Carroll]
An up-and-down yen spurs an up-and-down market
Abe brought about stimulus in response to one of Japan’s worst economic problems of the last half-century: more than two decades of a stagnant economy and deflation. Weakening the yen against other leading currencies would be a boon for leading Japanese exporters looking for an edge against overseas competition. Manufacturers such as Komatsu (NASDAQOTH: KMTUY ) have applauded the moves as they look to use a weak yen to grow profits. Komatsu alone projected 46% full-year profit growth this year thanks to the weak yen.
- [By Dan Carroll]
Chinese manufacturing and materials stocks may not be the only picks in trouble, however. Leading international manufacturers could see demand in the world’s second-largest economy, cutting into lofty growth expectations that relied upon China’s surge to make up for weakness elsewhere around the globe. Japanese industrial power Komatsu (NASDAQOTH: KMTUY ) , the second-largest industrial machinery manufacturer in the world, is betting on growing Chinese demand this fiscal year, in combination with the weak yen, to fuel growth.