Last November, I announced my intention to create a portfolio of 10 companies that investors had effectively thrown away and given up on, in the hope of showing that deep-value investing, and contrarian thinking, can actually be a very successful investing method. I dubbed this the “One Person’s Trash Is Another Person’s Treasure” portfolio and, over a 10-week span, I highlighted companies that I thought fit this bill, and would expect to drastically outperform the benchmark S&P 500 over the coming 12 months. If you’re interested in the reasoning behind why I chose these companies, then I encourage you to review my synopsis of each portfolio selection:
Exelon QLogic Dendreon Dell Staples Arkansas Best Arch Coal Skullcandy Orange Xerox
Now, let’s get to the portfolio and see how it fared this week:
Top 10 Healthcare Equipment Stocks To Own Right Now: JinkoSolar Holding Company Limited(JKS)
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of solar power products in China and internationally. The company provides solar modules, silicon wafers and ingots, and solar cells, as well as processing services, including silicon wafer tolling services. It sells its products under the JinkoSolar brand name. The company?s customers include distributors, project developers, and system integrators. It trades its products under short-term contracts and by spot market sales. The company also produces accessory materials for solar power products, such as solar aluminum frame, solar junction box, aluminum materials windows, and other metal component parts. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People?s Republic of China.
- [By Monica Gerson]
JinkoSolar Holding Co (NYSE: JKS) is projected to report its Q2 earnings at $0.76 per share on revenue of $391.55 million.
Urban Outfitters (NASDAQ: URBN) is expected to post its Q2 earnings at $0.49 per share on revenue of $806.99 million.
- [By Monica Gerson]
Analysts are expecting JinkoSolar Holding Co (NYSE: JKS) to have earned $0.76 per share on revenue of $391.55 million in the second quarter. JinkoSolar shares gained 1.73% to $28.30 in after-hours trading.
Top 10 Healthcare Equipment Stocks To Own Right Now: ANADIGICS Inc.(ANAD)
ANADIGICS, Inc. provides semiconductor solutions to the broadband wireless and wireline communications markets. Its products include radio frequency (RF) power amplifiers (PAs), tuner integrated circuits, active splitters, line amplifiers, and other components. The company?s RF power amplifier products enable mobile handsets, datacards, and other devices to access third generation (3G) wireless networks utilizing international standards, including wideband code division multiple access (WCDMA), high speed packet access (HSPA), code division multiple access (CDMA), and evolution data optimized (EVDO). In addition, the company provides RF power amplifiers for the fourth generation (4G) wireless services, including long term evolution (LTE) and worldwide interoperability for microwave access (WiMAX). ANADIGICS?s WiFi products enable connectivity for wireless mobile devices and other computing devices and its cable television (CATV) products enable fixed-point, wireline broa d band communications over cable modem and set-top box products, CATV infrastructure, and fiber-to-the-premises (FTTP). The company sells its products through direct sales, as well as through independent manufacturers? representatives and distributors. ANADIGICS, Inc. was founded in 1984 and is headquartered in Warren, New Jersey.
- [By Tim Melvin]
CTL stock has lagged the overall market for the past year — down 9% vs. 20% gains for the S&P 500 — and it seems that those running the show do not expect that to change anytime soon.
Stocks to Sell: Anadigics (ANAD)
Anadigics (ANAD) is another company that has not kept up with the market and is seeing selling near the lows. Five insiders, including the chairman, the CEO and the CFO, have been selling stock this month. All together, they have combined to sell more than 72,000 shares of the company at very low prices.
Top 10 Healthcare Equipment Stocks To Own Right Now: Crown Media Holdings Inc.(CRWN)
Crown Media Holdings, Inc., through its subsidiary, Crown Media United States, LLC, owns, operates, and distributes pay television networks for adults and families primarily in the United States. The company operates and distributes Hallmark Channel network to approximately 87 million subscribers through approximately 5,369 cable, satellite, and other pay television distribution systems; and Hallmark Movie Channel network to approximately 45 million subscribers through approximately 2,680 cable, satellite, and other pay television distribution systems. Its networks offers a range of entertainment programming, including television series, movies, miniseries, theatricals, romances, literary classics, and contemporary stories. The company was founded in 1999 and is headquartered in Studio City, California.
- [By Equities Lab]
The stocks that currently pass the stock screen in order of market cap are Frontier Communications Corp , Crown Media Holdings (CRWN), Vonage Holding (VG), MCG Capital Corp (MCGC), 1-800-FLOWERS.COM (FLWS), MTR Gaming Corporation (MNTG), Alaska Communications (ALSK), and Enzon Pharmaceuticals (ENZN).
Top 10 Healthcare Equipment Stocks To Own Right Now: Physicians Realty Trust (DOC)
Physicians Realty Trust, incorporated on April 9, 2013, is a real estate investment trust (REIT). The Company is a self-managed healthcare real estate company. The Company is engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing healthcare services. The Company’s properties are located on a campus with a hospital or other healthcare facilities or strategically located and affiliated with a hospital or other healthcare facilities. The Company’s principal investments will include medical office buildings, outpatient treatment facilities, acute and post-acute care hospitals, as well as other real estate integral to healthcare providers. The Company’s initial portfolio will consist of 19 medical office buildings located in 10 states with approximately 528,048 net leasable square feet. Effective August 27, 2013, P hysicians Realty Trust acquired an undisclosed hospital, located in Plano, Texas, an owner and operator of hospital. In September 2013, Physicians Realty Trust completion of the sale-leaseback of the surgical hospital and adjacent medical office building occupied by the Foundation Surgical Hospital of El Paso, L.L.C. In October 2013, Physicians Realty Trust announced the completion of the acquisition of the Foundation Outpatient Care Building located in Oklahoma City, OK. Effective January 8, 2014, Physicians Realty Trust acquired an undisclosed ambulatory surgery center, located in Great Falls, Montana. In February 2014, the Company’s operating partnership, Physicians Realty L.P., closed on the purchase and leaseback of four medical office buildings to an Atlanta, Georgia-based family medical practice.
The Company’s Surgical Hospital-New Orleans, Louisiana property is a 57,000 square foot, 42-bed acute care surgical hospital with six operating rooms. The hosp ital specializes in ortho/neuro spine surgery, orthopedics, ! weight loss surgery and other scheduled general surgery procedures. Surgical Hospital and Medical Office Building-El Paso, Texas property is a 77,000 square foot, 40-bed acute care hospital with six operating rooms. The Company’s initial portfolio was acquired or developed by healthcare real estate funds managed by B.C. Ziegler & Company (Ziegler), a specialty investment banking firm focused on the healthcare industry, and another subsidiary of The Ziegler Companies, Inc. As part of its formation transactions, the Ziegler Funds will contribute their ownership interests in these properties to its operating partnership.
- [By Marc Bastow]
Healthcare REIT Physicians Realty Trust (DOC) was right up their with Ford in raising its quarterly dividend 25%, to 22.5 cents per share, payable Feb. 7 to shareholders of record as of Jan. 24.
DOC Stock Dividend Yield: 7.02%
Top 10 Healthcare Equipment Stocks To Own Right Now: Enpro Industries (NPO)
EnPro Industries, Inc. designs, develops, manufactures, and markets engineered industrial products primarily in the United States and Europe. The company operates through three segments: Sealing Products, Engineered Products, and Engine Products and Services. The Sealing Products segment provides metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; resilient metal seals; elastomeric seals; expansion joints; heavy-duty truck wheel-end component systems, including brake products; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; safety-related signage for pipelines; bellows and bellow assemblies; pedestals for semiconductor manufacturing; polytetrafluoroethylene products; and sheeted rubber products. Its products are used in various industries, including chemical and petrochemical proc essing, petroleum extraction and refining, pulp and paper processing, heavy-duty trucking, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, aerospace, medical, filtration, and semiconductor fabrication. The Engineered Products segment offers bearing products and aluminum bushing blocks for use in automotive, pump and compressor, construction, power generation, and general industrial markets; and components for reciprocating compressors and engines in refining, petrochemical, natural gas gathering, and storage and transmission markets. The Engine Products and Services segment manufactures, sells, and services heavy-duty, medium-speed diesel, natural gas, and dual fuel reciprocating engines for shipyards, municipal utilities, institutional and industrial organizations, sewage treatment plants, nuclear power plants, and offshore oil and gas platforms. The company was founded in 2002 and is headquartered in Ch a rlotte, North Carolina.
- [By Lisa Levin]
EnPro Industries (NYSE: NPO) shares rose 25.20% to $74.13. The volume of EnPro Industries shares traded was 2661% higher than normal. EnPro’s Garlock won a trial on Asbestos liability. CL King upgraded the stock from Neutral to Buy.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on EnPro Industries (NYSE: NPO ) , whose recent revenue and earnings are plotted below.
Top 10 Healthcare Equipment Stocks To Own Right Now: Wausau Paper Corp. (WPP)
Wausau Paper Corp. manufactures, converts, and sells paper and paper products in the United States and internationally. It operates in two segments, Tissue and Paper. The Tissue segment produces and sells paper towel and tissue products for the ?away-from-home? market, including washroom roll and folded towels, windshield folded towels, industrial wipers, dairy towels, household roll towels, and various towel, tissue, and soap dispensers, as well as other premium towel and tissue products to paper and sanitary supply distributors under the DublSoft, EcoSoft, OptiCore, Revolution, Dubl-Nature, and Dubl-Tough names. The Paper segment focuses on four core markets comprising food, industrial and tape, coated and liner, and print and color. This segment manufactures products for food processing, food packaging, and foodservice, such as products used for baking applications, microwave popcorn, and other cheese and meat processing products; products for interleaving, saturating, coating, unsaturated crepe base, and a range of micro markets; specialty liners, and siliconized release papers for use in pressure sensitive tapes, specialty label applications, the production of fiber composite applications, and casting sheets used in the production of solar cells; and uncoated printing, writing, text, cover, and board grades for commercial printers, in-plant print shops, quick printers, copy centers, and office supply and mass merchandisers under the Wausau Paper, EcoSelect, ExperTec, DuraTec, InvenTec, ProGard, ProRedi, ProPly, ProTec, Astrobrights, Royal, Exact, Professional Series, Intrigue, and Creative Collection names. This segment also produces a range of custom color products, which include matte board, end leaf, and luxury packaging applications. Wausau Paper Corp. was founded in 1899 and is headquartered in Mosinee, Wisconsin.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on Wausau Paper (NYSE: WPP ) , whose recent revenue and earnings are plotted below.
- [By Mariko Yasu]
Dentsu paid 3.16 billion pounds ($4.8 billion) for Aegis as Japan’s biggest agency competes with global firms including WPP Plc (WPP) and Omnicom Group Inc. (OMC) With Japan’s benchmark Topix index on pace for its best result since 2005, the 112-year-old company is tapping an equities boom to fund the deal that added the largest independent buyer of advertising space and reduced its reliance on the domestic market.
- [By Jonathan Morgan]
WPP Plc (WPP), the world’s biggest advertising company, advanced 3.6 percent to 1,210 pence in London trading.
LSE advanced 7.4 percent to 1,590 pence, the highest price since February 2008, as the operator of Europe’s oldest independent bourse reported a 39 percent increase in first-quarter revenue.
- [By Holly LaFon]
In the second half of the year, Crescent established new positions in a few companies that have more such global footprints. We initiated investments in Google (GOOG), as well as the advertising agencies Interpublic (IPG) and WPP (WPP). The fortunes of all three are tied directly to the level of global advertising spend, and they all saw their shares prices decline due to concerns of a recession-related slowdown. At our purchase price, we believe we were buying each at roughly 11-13x our estimated earnings for 2012 should the fears of a macroeconomic slowdown prove correct. This strikes us as a very reasonable multiple to pay for asset-light global businesses that generate strong free cash flow across the business cycle and have the capability to grow earnings greater than GDP in a normal economic environment.
Top 10 Healthcare Equipment Stocks To Own Right Now: Knight Transportation Inc (KNX)
Knight Transportation, Inc. (Knight), incorporated on August 31, 1989, is a provider of multiple truckload transportation services, which generally involve the movement of full trailer or container loads of freight from origin to destination for a single customer. The Company is a provider of multiple truckload transportation services with a nationwide network of service centers through which it operates one of the tractor fleets. In addition to its own fleet, the Company also partners with third-party equipment providers to provide truckload capacity and a broad range of solutions to truckload shippers. The Company has five operating segments comprised of three asset-based operating segments: dry van truckload, temperature-controlled truckload and port services and two non-asset-based operating segments brokerage and intermodal services. Through its asset-based and non-asset-based capabilities the Company is able to transport, or can arrange for the transportation of, gen eral commodities for customers throughout the United States and parts of Canada and Mexico.
The Company’s asset-based businesses generally include dry van truckload, refrigerated truckload, dedicated truckload, and drayage services. Its non-asset-based services generally include rail intermodal and truckload brokerage services. However, within its asset-based services, the use of independent contractors to provide tractors lowers the capital investment in its dry van and refrigerated operations. In addition, drayage operations generally involve less expensive tractors with longer lives and do not require a investment in trailering equipment. As of December 31, 2012, it operated 3,627 company-owned tractors with an average age of 1.9 years. It also had under contract 507 tractors owned and operated by independent contractors. Its trailer fleet consisted of 9,564 53-foot long trailers with an average age of 5.5 years and includes 1,092 temperature-controlled trai lers.
- [By Victor Nguyen]
A report released Thursday morning, Citigroup analyst Christian Wetherbee upgrades Knight Transportation (NYSE: KNX) to BUY from NEUTRAL, increasing price target from $17 to $22.
- [By Sean Williams]
Swift Transportation (NYSE: SWFT ) , for example, delivered a 4% increase in revenue this past quarter in spite of having fewer trucks in service. The company was able to realize better utilization of its existing fleet and actually saw fuel prices fall from the previous year. The results were even more robust for Knight Transportation (NYSE: KNX ) , whose shareholders saw revenue rise by 7% as the company grew from the year-ago quarter for the 14th straight time and delivered growth from each of its business segments.
Top 10 Healthcare Equipment Stocks To Own Right Now: The Providence Service Corporation(PRSC)
The Providence Service Corporation provides and manages government sponsored social services and non-emergency transportation services. It offers home and community based counseling, foster care and therapeutic foster care, and provider management services. The company?s home and community based counseling services include home based and intensive home based counseling, substance abuse treatment, school support services, correctional services, and workforce development. Its not-for-profit managed services comprise administrative support, information technology, and accounting and payroll services; intake, assessment, and referral services; monitoring services; and case management. The company also provides non-emergency transportation management services to state Medicaid programs, local government agencies, hospital systems, and health maintenance organizations, as well as to individuals with limited mobility, people with limited means of transportation, people with disa bilities, and Medicaid members; and school transportation services to special needs students who are physically fragile, or mentally ill children. The Providence Service Corporation offers its services in the United States and the District of Columbia; and British Columbia, Canada. The company was founded in 1996 and is based in Tucson, Arizona.
- [By Lisa Levin]
Providence Service (NASDAQ: PRSC) shares rose 6.58% to $40.50. The volume of Providence Service shares traded was 1483% higher than normal. On Tuesday, Providence Service agreed to acquire Ingeus for $58 million.
Top 10 Healthcare Equipment Stocks To Own Right Now: International Tower Hill Mines Ltd (THM)
International Tower Hill Mines Ltd. (ITH) is an exploration-stage company. The Company is engaged in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. As of December 31, 2011, the Company controlled a 100% interest in its Livengood project in Alaska, the United States. The Livengood property is located approximately 115 kilometers northwest of Fairbanks, Alaska in the Tolovana Mining District within the Tintina Gold Belt. The property is approximately 145 square kilometers and consists of fee land leased from the Alaska Mental Health Trust. The project area is centered on Money Knob. Advisors’ Opinion:
- [By Anthony Mirhaydari]
For now, I continue to recommend investors maintain a cautious stance, focusing on the buying interest coming into safe-haven assets like U.S. Treasury bond and precious metals while booking profits in biotech stocks that have been red hot this month. The leveraged Direxion 3x Treasury Bond Bull (TMF) is up nearly 7% in my Edge Letter Sample Portfolio since it was added on Jan. 10. I just sold Tower Hill Mines (THM) and Rosetta Genomics (ROSG) for gains of 46% and 18% respectively.
- [By Bryan Murphy]
With no revenues, and therefore no profits, International Tower Hill Mines Ltd (NYSEMKT:THM) shouldn’t qualify as “investment worthy” in any way, shape, or form. Indeed, the near-100% loss that THM shares have suffered since early 2011 might scare off even the gutsiest of traders. Yet, there’s something undeniably bullish about this stock right now.
- [By Holly LaFon]
He increased his holdings in gold companies in the fourth quarter accordingly. Gold stocks he found attractive in the fourth quarter are: Novagold Resources (NG), Randgold Resources (GOLD), Iamgold Corp. (IAG), Barrick Gold Corp. (ABX), Agnico Eagle (AEM) and International Tower Hill (THM).
Top 10 Healthcare Equipment Stocks To Own Right Now: Virginia Heritage Bank (VGBK)
Virginia Heritage Bank is a commercial bank. The Bank serves the greater Washington, D.C. metropolitan area with an emphasis on Northern Virginia. It offers a range of banking services. Its services include free business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as an array of commercial, real estate and consumer loans. Total deposits were $491.7 million at December 31, 2011. Non-interest bearing deposits totaled $57.3 million or 11.66% of total deposits as of December 31, 2011. The Bank has full service branches in Fairfax, Chantilly, Gainesville, Tysons Corner and Dulles, Virginia, and a mortgage division headquartered in Chantilly, Virginia.
The Bank’s primary lending focus is real estate finance, as well as making loans to small businesses, professionals and other consumers in its local market area. At Decembe r 31, 2011, approximately 49.3% of the total loan portfolio was composed of commercial real estate loans. The Bank’s primary lending activities are principally directed to its market area in the greater Washington, D.C. metropolitan area with an emphasis on Northern Virginia. Commercial loans are offered for a variety of business purposes, including government contract receivables, plant and equipment, general working capital, contract administration and acquisition lending. The Bank finances the purchase of commercial real estate properties, such as office buildings and warehouses. A significant portion of the commercial real estate securing the Bank’s commercial real estate loans at December 31, 2011, was owner-occupied. The Bank has a concentration in loans secured by commercial real estate. At December 31, 2011, its loan portfolio consisted of 49.3% respectively, of commercial real estate loans.
The Bank’s real estate construction lending segment of it s portfolio is predominately residential in nature and compo! sed of loans with short duration, typically 12 to 24 months. The Bank offers a variety of residential real estate loans both for purchase and refinancing, most of which are sold in the secondary market. It also provides loans to small businesses that may be secured by residential real estate. The Bank’s residential real estate lending products are available through all of its banking facilities and its mortgage division in Chantilly, Virginia. At December 31, 2011, total residential real estate loans amounted to $53.7 million, excluding loans held for sale of $16.9 million, respectively. The Bank offers an array of consumer loans, including automobile loans, term loans, and overdraft protection.
As of December 31, 2011, the Bank’s investment portfolio was classified as available for sale. As of December 31, 2011, investment securities available for sale amounted to $98.8 million. The investment portfolio contained corporat e debt securities amounting to $6.1 million as of December 31, 2011.
Sources of Funds
Deposits are the major source of funding for the Bank. The Bank offers an array of deposit products that include demand, negotiable order of withdrawal (NOW), money market and savings accounts, as well as certificates of deposit.
- [By CRWE]
Today, VGBK remains (0.00%) +0.000 at $16.00 thus far (ref. google finance Delayed: 9:30AM EDT July 31, 2013).
Virginia Heritage Bank previously reported quarterly earnings of $2.5 million after taxes, or $0.55 per share (basic) and $0.54 per share (diluted), for the period ended June 30, 2013. This is a 29% increase over earnings of $1.9 million after taxes, or $0.44 per share (basic and diluted), from the same period a year ago. On a year-to-date basis, earnings were $4.5 million after taxes, or $1.01 per share (basic) and $0.98 per share (diluted) through June 30, 2013 versus $3.3 million after taxes, or $0.76 per share (basic and diluted) in 2012.
The Bank’s second quarter results produced an annualized rate of return of 1.25% on average assets and 16.66% on average common equity compared to 1.25% and 15.40%, respectively for the same period a year ago. On a year-to-date basis, the annualized rate of return was 1.15% on average assets and 15.67% on average common equity compared to 1.12% and 13.55%, respectively for 2012.