Top 10 US Stocks To Own For 2015

Consumer products manufacturer Jarden Corp. (JAH) announced strong, broad-based organic growth and closed on the acquisition of Yankee Candle.From Diamond Hill Capital (Trades, Portfolio)’s Select Fund Commentary for fourth quarter 2013.
Also check out: Diamond Hill Capital Undervalued Stocks Diamond Hill Capital Top Growth Companies Diamond Hill Capital High Yield stocks, and Stocks that Diamond Hill Capital keeps buying
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Top 10 US Stocks To Own For 2015: Cornerstone Strategic Value Fund Inc (CLM)

Cornerstone Strategic Value Fund, Inc. (the Fund), incorporated on May 1, 1987, is a closed-end, diversified management investment company. The Fund invests in equity securities of companies listed in the United States. Cornerstone Strategic Value Fund, Inc. invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, consumer staples, energy, utilities, telecommunication services, materials and other sectors.

As of December 31, 2005, the Fund’s top 10 holdings were General Electric Co., Exxon Mobil Corp., Microsoft Corp., Citigroup Inc., Procter & Gamble Co. (The), EMC Corp., Bank of America Corp., American International Group, Inc., Johnson & Johnson and Pfizer Inc. Cornerstone Strategic Value Fund, Inc.’s investment manager is Cornerstone Advisors, Inc.

Advisors’ Opinion:

  • [By Dividends4Life]

    According to a Gabelli Funds report, managed distribution policies offer several advantages, including:1. Lower difference between the fund’s market price and its NAV per share.2. Provides support during periods when the stock market is in a decline.3. Provides a measurable performance target for the investment adviser.Below are several high-yield funds from CEFA that have a managed distribution policy (yields as of December 16):Aberdeen Australia Eqty (IAF)- Distribution Yield: 10.4%- Income Yield: 346%Bexil Advisers LLC  (DNI)- Distribution Yield: 11.1%- Income Yield: 3.56%BlackRock En Capital&Inc (CII)- Distribution Yield: 8.78%- Income Yield: 2.34%Cornerstone Strat Value (CLM)- Distribution Yield: 18.77%- Income Yield: 1.83%Cornerstone Total Return (CRF)- Distribution Yield: 19.10%- Income Yield: 0.85%Delaware Inv Div & Inc (DDF)- Distribution Yield: 6.70%- Income Yield: 5.26%Gabelli Equity Trust (GAB)- Distribution Yield: 7.58%- Income Yield: 1.54%Gabelli Utility Trust (GUT)- Distribution Yield: 9.45%- Income Yield: 2.84%MFS Special Value Trust (MFV)- Distribution Yield: 9.60%- Income Yield: 5.73%Nuveen Tx-Adv TR Strat (JTA)- Distribution Yield: 6.70%- Income Yield: 3.12%TCW Strategic Income (TSI)- Distribution Yield: 10.54%- Income Yield: 7.88%Zweig Total Return (ZTR)- Distribution Yield: 7.27%- Income Yield: 1.95%As noted in the Gabelli report, a managed distribution policy may create confusion regarding the true current yield since the reported yield includes the return of capital portion. You can see the disparity above between the income yield and the distribution (reported) yield.If you are looking for a sustainable and growing dividend, you may want to consider some blue-chip dividend stocks such as these with a Free Cash Flow Payout less than 50%, 50+ years of consecutive dividend increases and a 2%+ yield:3M Co. (MMM) is a diversified global company provides enhanced product functionality in electronics, health care, industrial, consumer

Top 10 US Stocks To Own For 2015: Ishares Trust Dow Jones United States (IDU)

iShares Dow Jones U.S. Utilities Sector Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Utilities Index (the Index). The Index measures the performance of the utilities sector of the United States equity market. The Index includes companies in industry groups, such as electricity and gas, water and multi-utilities. The Index is a subset of the Dow Jones U.S. Total Market Index and is capitalization weighted. The Index is reconstituted quarterly.

The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. The Fund’s investment advisor is Barclays Global Fund Advisors.

Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    Unusual volume (at least 5X ADV): iShares Utilities ETF (NYSE: IDU), First Trust Utilities AlphaDEX Fund (NYSE: FXU), iShares MSCI Germany Small Cap ETF (NYSE: EWGS), iShares MSCI USA ETF (NYSE: EUSA), SPDR S&P Emerging Europe ETF (NYSE: GUR), PowerShares Water Resources (NYSE: PHO) and the Vanguard Industrials ETF (NYSE: VIS).

Top 10 US Stocks To Own For 2015: Balfour Beatty PLC (BIH)

Balfour Beatty plc is a global infrastructure company that delivers services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance. The Company operates in four segments: Professional Services segment is engaged in the provision of project management; Construction Services segment is engaged in the activities resulting in the physical construction of an asset; Support Services segment is engaged in the activities, which support existing assets or functions, and Infrastructure Investments segment is engaged in the acquisition, operation and disposal of infrastructure assets, such as PPP concessions and airports. In July 2013, it announced the disposal of its 50% interest in the Salford Hospital PFI asset. In December 2013, Balfour Beatty Plc completed the sale of its UK facilities management business to GDF Suez Energy Services. Advisors’ Opinion:

  • [By Vanina Egea]

    A few companies excel over their market peers, granting them an unconventional competitive advantage. Everybody knows the market leaders, or the mammoth companies, but there are other particular services that can give a firm greater exposure. No other example is more relevant than the rotary rig count offered by Baker Hughes (BIH). The Baker Hughes Rig Counts provides a weekly count of U.S. and Canadian drilling activity to the industry since 1944, and has become an important business barometer for the drilling industry and its suppliers. Most importantly, the index allows industry analysts to identify industry trends, while providing valuable information to prospect investors beyond Baker Hughes itself. After experiencing a decline in performance from mid-2011 to the end of 2012, the company saw great improvement in overall performance during 2013. Can the trend be expected to continue?

Top 10 US Stocks To Own For 2015: Burnham Holdings Inc (BURCA)

Burnham Holdings, Inc., incorporated on December, 2, 2002, is the parent company of the Burnham group of companies. The Company is a manufacturer of boilers, furnaces, radiators, air conditioning systems and related accessories for residential, commercial, and industrial applications. The Company has eight brand names, marketed through eight independent sales organizations that are differentiated by product line and markets served. The Burnham Hydronics, New Yorker, Governale, Thermo Pride, and Crown product lines offer a range of cast iron, stainless steel, aluminum, and steel boilers, cast iron and steel heat distribution products, warm air furnaces, heat pumps and central air conditioning systems for the residential heating and cooling market. Typical applications of these products are for all styles and sizes of homes and small buildings. The Burnham Commercial, Bryan Boilers, and Thermal Solutions product lines offer a range of cast iron, firetube, watertube, and copp er tube boilers, as well as boiler room accessories for the commercial and industrial markets. Typical uses of these products are for heating large buildings and high-pressure steam generation for process applications.

The Burnham Foundry produces boiler castings for the affiliated manufacturing companies, as well as outside customers. Wendl and Manufacturing is a producer of both pressurized and non-pressurized tanks and vessels for liquid storage applications. Norwood Manufacturing is a manufacturer of painted light gauge metal parts. The Company sells to wholesale distributors who in turn, market to builders, heating contractors, utilities, and fuel dealers for resale to end-use customers.

Advisors’ Opinion:

  • [By Marc Bastow]

    Boiler, radiator, air conditioning and furnace manufacturer Burnham Holdings (BURCA) raised its quarterly dividend 11% to 21 cents per share, payable March 18 to shareholders of record as of March 11.
    BURCA Dividend Yield: 4.3%

Top 10 US Stocks To Own For 2015: Hewlett-Packard Company(HPQ)

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Its Personal Systems Group segment offers commercial personal computers (PCs), consumer PCs, workstations, calculators and other related accessories, and software and services for the commercial and consumer markets. The company?s Services segment provides consulting, outsourcing, and technology services to infrastructure, applications, and business process domains. Its Imaging and Printing Group segment provides consumer and commercial printer hardware, supplies, media, and scanning devices, such as inkjet and Web solutions, laser jet and enterprise solutions, managed enterprise solutions, graphics solutions, and printer supplies. The company?s Enterprise Servers, Storage, and Networking segment offers industry standard s e rvers, business critical systems, storage platforms, and networking products, including switches, routers, wireless LAN, and TippingPoint network security products. Its HP Software segment provides enterprise IT management software, information management solutions, and security intelligence/risk management solutions. The company?s HP Financial Services segment offers leasing, financing, utility programs, and asset recovery services; and financial asset management services for enterprise customers, as well as specialized financial services to SMBs, and educational and governmental entities. Hewlett-Packard Company also provides business intelligence solutions that enable businesses to standardize on consistent data management schemes, connect and share data across the enterprise, and apply analytics, as well as licenses its specific technology to third parties. The company was founded in 1939 and is headquartered in Palo Alto, California.

Advisors’ Opinion:

  • [By John Udovich]

    On Thursday, small cap supercomputer stock Cray Inc (NASDAQ: CRAY) announced that it had been rewarded with one of the largest contracts in its history for $174 million to provide the National Nuclear Security Administration (NNSA) with supercomputers – meaning its worth taking a closer look at the stock along with the performance of large caps like International Business Machines Corp (NYSE: IBM) and Hewlett-Packard Company (NYSE: HPQ) plus small cap Silicon Graphics International Corp (NASDAQ: SGI) who sort of compete with the company in the supercomputing space. I should note that over a year ago, we had Cray Inc in our SmallCap Network Elite Opportunity (SCN EO) trading portfolio when we had suggested it was potentially a good low risk longer-term play.

  • [By MONEYMORNING.COM]

    Today I’m refereeing a boxing match between two of the biggest tech legends around: International Business Machines Corp. (NYSE: IBM) and Hewlett Packard Co. (NYSE: HPQ).

  • [By Rich Bieglmeier]

    [Related -Hewlett-Packard Company (HPQ) Q2 Earnings Preview: Enough Margin For Victory]

    When profitable since 2009, Hewlett-Packard’s P/E range was 5.27 to 16.83 times earnings with an average of 11.26. Today, investors are paying slightly above the norm at 12.11. During the same timeframe, earnings per share actually contracted on an annual basis; falling an average of 3.78% a year.

  • [By John Udovich]

    Bloomberg has reported that small cap digital photo services and solutions stock Shutterfly, Inc (NASDAQ: SFLY) is in talks with investment bank Qatalyst Partners to find buyers for the company – meaning its worth taking a closer look at the stock which has no close publicly traded peers left albeit the stock does compete with Hewlett-Packard Company’s (NYSE: HPQ) Snapfish and services offered by retailers like CVS Caremark Corporation (NYSE: CVS).

Top 10 US Stocks To Own For 2015: Arrow Electronics Inc. (ARW)

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. It operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment distributes electronic components and related services to original equipment manufacturers and contract manufacturers. This segment provides online catalogs for electronic components; cloud-based design tools that expedite product development cycles; factory-direct end-of-life product inventory; reverse logistics; and electronics asset disposition solutions to redeploy, remarket, and recycle technology assets. Its products and services include semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; computing and memory; and other p roducts and services. The Global Enterprise Computing Solutions segment provides enterprise and midrange computing products, services, and solutions to value-added resellers; and unified communications products and related services, as well as cloud computing, security, and networking services. It also offers a suite of online supply chain tools. The company’s customers include manufacturers of consumer and industrial equipment, telecommunications products, automotive and transportation, aerospace and defense, scientific and medical devices, and computer and office products, as well as value-added resellers of enterprise computing solutions. The company was founded in 1935 and is headquartered in Englewood, Colorado.

Advisors’ Opinion:

  • [By Monica Wolfe]

    Arrow Electronics Inc (ARW)

    FPA Capital’s third largest stock holding is in Arrow Electronics. The guru holds on to a total of 1,515,500 shares of Arrow, representing 1.51% of the company’s shares outstanding and 9.2% of his total portfolio.

  • [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 Arrow Electronics (NYSE: ARW  ) , whose recent revenue and earnings are plotted below.

Top 10 US Stocks To Own For 2015: Astrotech Corporation(ASTC)

Astrotech Corporation operates as a commercial aerospace company in the United States. The company provides spacecraft payload processing and related services; designs and manufactures space hardware; and commercializes space technologies for use on the earth. It also offers satellite launch processing support to government and commercial customers for their communication, earth observation, and deep space satellites. The company?s processing activities consist of satellite ground transportation; pre-launch hardware integration and testing; satellite encapsulation, fueling, launch pad delivery; and communication linked launch control, as well as engineering services. In addition, it develops Miniature Chemical Detector, a chemical analyzer for use on international space station, as well as detects residues and vapors from a range of chemicals, including explosives, chemical warfare agents, toxic chemicals, and volatile organic compounds. The company serves the United Stat es Government and commercial satellite and spacecraft customers. Astrotech Corporation was founded in 1984 is headquartered in Austin, Texas.

Advisors’ Opinion:

  • [By Quick Pen]

    American aerospace and defense giant Lockheed Martin (LMT) recently announced its plans of acquiring the satellite wing of Astrotech Corp. (ASTC), Astrotech Space Operations. Lockheed expects to close the deal by the third quarter of the current year. After the deal closes, Astrotech Space Operations would become the wholly owned subsidiary of Lockheed Martin and would operate under the company’s Space Systems business segment.

  • [By Roberto Pedone]

     

    Astrotech (ASTC) operates as a commercial aerospace company in the U.S. This stock closed up 7.2% to $3.26 a share in Thursday’s trading session.

     

    Thursday’s Range: $3.02-$3.31

    52-Week Range: $0.61-$4.05

    Thursday’s Volume: 295,000

    Three-Month Average Volume: 570,805

     

    From a technical perspective, ASTC spiked sharply higher here right above some near-term support at $2.96 with lighter-than-average volume. This stock has been uptrending strong for the last four months, with shares moving higher from its low of 63 cents per share to its recent high of $4.05. During that uptrend, shares of ASTC have been making mostly higher lows and higher highs, which is bullish technical price action. This spike on Thursday is now starting to push shares of ASTC within range of triggering a major breakout trade. That trade will hit if ASTC manages to take out some near-term overhead resistance levels at $3.50 to $3.75 and then once it takes out its 52-week high at $4.05 with high volume.

     

    Traders should now look for long-biased trades in ASTC as long as it’s trending above its 50-day at $2.66 or above more near-term support at $2.62 and then once it sustain a move or close above those breakout levels with volume that hits near or above 570,805 shares. If that breakout hits soon, then ASTC will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets of that breakout are $5 to $5.50.

     

Top 10 US Stocks To Own For 2015: Daktronics Inc.(DAKT)

Daktronics, Inc., together with its subsidiaries, designs, manufactures, and sells various electronic display systems and related products, as well as provides related maintenance and professional services worldwide. The company offers scoring and timing products, such as indoor and outdoor scoreboards, digit displays, scoring and timing controllers, statistics software, and other related products; timing systems for sports events, primarily aquatics and track competitions; and audio systems integrated into a solution that include scoring, timing, message display, and/or video capability for sports venues, as well as related control systems. It also provides automated rigging and hoist products, which comprise of arena center-hung scoreboard/display systems for small and large sporting facilities; automated rigging for theatre applications, including high schools; and video display systems, such as displays to show various levels of video, graphics, and animation, as well as controllers to manage the operation of the display. In addition, the company provides architectural lighting and display products, which include freeform video elements; message display systems for commercial applications; digital billboards that offer digital display solutions for the outdoor advertising industry; Visiconn system, a primary software application for controlling content and playback loops for digital billboard applications; and digit and price displays consisting of outdoor time and temperature displays, as well as Fuelight digit displays designed for the petroleum industry. Further, it offers transportation products comprising various light emitting diodes-based displays for road management, parking, mass transit, and aviation applications; and rents its display equipment. The company sells its products through its direct sales force, as well as through resellers. Daktronics, Inc. was founded in 1968 and is based in Brookings, South Dakota.

Advisors’ Opinion:

  • [By John Udovich]

    Large cap glass and ceramics technology stock Corning Incorporated (NYSE: GLW) has put in a good performance since announcing a deal with Samsung back in October, meaning its probably time to take a closer look at the stock along with the performance of potential peers (either upstream or downstream on the OLED and liquid crystal display side of the glass business) like small cap players like Daktronics, Inc (NASDAQ: DAKT), SGOCO Group Ltd (NASDAQ: SGOC) and Universal Display Corporation (NASDAQ: OLED). I should note that we have recently added Corning Incorporated to our SmallCap Network Elite Opportunity (SCN EO) portfolio because we believe the company’s position as it relates to glass and ceramics puts it in a sweet spot for the next generation flexible screens and mobile wearables. But that’s not all there is to like about this stock.

  • [By John Udovich]

    Small cap flat panel display stock Universal Display Corporation (NASDAQ: OLED) was hit by bearish news in late November and the trend lines on its technical charts appear to be confused as to what direction the stock will head, meaning its probably time to take a closer look at the situation along with the stock’s performance verses that of flat panel display peers like large cap Corning Incorporated (NYSE: GLW) and small cap players like Daktronics, Inc (NASDAQ: DAKT) and SGOCO Group Ltd (NASDAQ: SGOC)

  • [By Lauren Pollock]

    Daktronics Inc.’s(DAKT) fiscal second-quarter earnings climbed 2.1% as a higher volume of product orders offset lower margins. Results beat expectations, sending shares up 9.1% to $13.73 premarket.

Top 10 US Stocks To Own For 2015: Celanese Corporation (CE)

Celanese Corporation, a technology and specialty materials company, engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. It operates through four business segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. The Advanced Engineered Materials segment offers specialty polymers for application in automotive, medical, and electronics products, as well as other consumer and industrial applications. The Consumer Specialties segment provides cellulose acetate flake, film, and tow that are primarily used in filter products applications; Sunett, a sweetener; and food protection ingredients, such as sorbates and sorbic acid for the food, beverage, and pharmaceutical industries. The Industrial Specialties segment produces emulsions and ethylene vinyl acetate (EVA) performance polymers. Its emulsions products are used in applications, such as paints and coatings, adhesives, construction, glass fiber, textiles, and paper; and EVA performance polymers are used in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive, carpeting and photovoltaic cells. The Acetyl Intermediates segment offers acetyl products, including acetic acid, vinyl acetate monomer, acetic anhydride, and acetate esters for use as starting materials for colorants, paints, adhesives, coatings, and medicines. It also provides organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. The company offers its products directly, as well as through distributors and electronic marketplaces in North America, Europe, Africa, the Asia-Pacific, and South America. Celanese Corporation was founded in 2004 and is headquartered in Dallas, Texas.

Advisors’ Opinion:

  • [By Marc Bastow]

    Chemical products manufacturer Celanese (CE) raised its quarterly dividend 39% to 25 cents per share payable payable on May 16 to shareholders of record May 5.
    CE Dividend Yield: 1.69%

  • [By Magic Diligence]

    Given this fact, and the fact that consumer electronics (CE) is a cyclical industry, flash supply and demand balance is very tenuous. Frantic production to catch up to demand often leads to dramatic over-supply when the CE market cools off. One needs only to look at SanDisk’s financials to see this. The company swung from a $917 dollar operations loss in 2008 to a $1.5 billion dollar profit in 2011, and which was then cut in half to just a $700 million profit the following year!

  • [By Monica Gerson]

    Celanese (NYSE: CE) is estimated to report its Q3 earnings at $1.04 per share on revenue of $1.59 billion.

    Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets

  • [By Travis Hoium]

    What: Shares of chemical maker Celanese (NYSE: CE  ) jumped as much as 16% today after the company released earnings.

    So what: Revenue fell slightly in the first quarter, to $1.61 billion, but adjusted earnings per share jumped 44%, to $1.14. Revenue was in line with expectations, and earnings crushed the $0.79 that analysts expected. 

Top 10 US Stocks To Own For 2015: Electro Scientific Industries Inc (ESIO)

Electro Scientific Industries, Inc. (ESI) incorporated on April 19, 1949, is a supplier of laser-based manufacturing solutions for the microtechnology industry. The Company operates high-technology manufacturing equipment, which consists of products that are organized in three groups: interconnect & microfabrication, semiconductor and components. The Company’s laser systems enable precise structuring of micron to submicron features in components and devices which are used in a wide variety of end products in the consumer electronics, computer, semiconductor, communications and other markets. Its laser microfabrication systems allow microelectronics, semiconductor, and other microtechnology manufacturers to physically alter select device features during high-volume production. In June 2012, it acquired Eolite Systems.

The Company’s laser-based systems improve production yields or enable improved performance for flexible and rigid high density interconnect printed circuit boards, semiconductor devices, light emitting diodes (LEDs), advanced semiconductor packaging, touch-panel glass, flat panel liquid crystal displays (LCDs) and other high value components. Additionally, it produces high-capacity test and inspection equipment that is critical to control process during the production of multilayer ceramic capacitors (MLCCs). Its equipment ensures that each component meets the electrical and physical tolerances required to perform properly. Lastly, it produces systems that use photonic technology to perform precision inspection for control and defect identification. The Company’s Interconnect & Microfabrication Group products address an expanding number of applications and materials on a broad set of substrates, including panels, continuous-feed reels, and discrete three dimensional components or devices.

Interconnect Via Drilling

For electrical interconnect applications, The Company’s laser via mic ro fabrication systems target applications that require the ! highest accuracy and smallest via (hole) dimensions to create electrical connections between layers in flexible circuits, high-density circuit boards and IC packages. The Company’s microvia drilling technology addresses the rapidly changing applications in IC packages, multichip modules and HDI circuit boards. Its ultraviolet (UV) laser processing systems employ technology in lasers, optics and motion control.

Advanced Microfabrication

The Company offers several platforms that enable customers to perform precision drilling, scribing, cutting, etching, routing or marking on many different types of materials and devices including glass, metal, plastic, paint and ceramics. It also offer laser ablation systems that ablate material for identification and analysis applications, including forensics, mineral analysis and research.

Semiconductor Group (SG)

The Company’s Semiconductor Group products address multiple applicatio ns that utilize laser energy to process materials on wafer-based substrates. This includes traditional silicon wafers, LEDs wafers, and new ultrathin silicon wafers used in the three-dimensional (3D) packaging applications. Semiconductor Memory Yield Improvement Systems includes semiconductor memory yield improvement products are designed to cost-effectively enable post-repair yield improvements in the manufacturing of dynamic random access memory (DRAM) memory devices.

3D Semiconductor Wafer Processing

The 3D chip packaging technologies is driving the need for silicon wafers to become thinner in order to allow for stacking of wafers within the same packaging geometry. As wafers become thinner, they become more challenging to cut into discrete chips using traditional mechanical saws. The Company’s model 9900 uses a laser to dice ultra-thin silicon wafers, those with a thickness of 50 microns or below, and to singulate interposers. In addition, th is platform can be used to scribe next generation thin film ! materials! that lend themselves to laser processing.

LED Wafer Scribing

The Company’s AccuScribe line of sapphire wafer scribing systems is a key component in the manufacture of LEDs. During production, LEDs are created on a thin wafer of synthetic sapphire crystal that must be broken into individual units at the end of the process. The brittle nature of the sapphire wafer requires that it be carefully cut in order to prevent unwanted fractures, yield losses, and lower light output when the wafer is broken apart into discrete LEDs. The AccuScribe systems use a laser to scribe the wafer with a precise groove between individual LEDs. When mechanical force is applied to the wafer, it fractures along these grooves and allows the wafer to be split apart into discrete LEDs. These systems are capable of scribing both standard and high brightness designs for general illumination applications. In addition, this platform can be used to address singulation of various LED packaging materials.

LCD Repair

The Comapny’s laser LCD repair systems are critical to improving yields in the manufacture of flat panel displays. During production, individual pixels of a display may develop electrical defects that result in no light emission or the emission of only a steady white light. To correct these defects, flat panel display producers employ a laser repair process to isolate the electrical defects during production by cutting the inputs to the pixel. Its laser systems are primarily sold to the manufacturers of LCD repair tools as a key component of their products.

Semiconductor Systems

The products include industry wafer marking equipment, wafer and circuit trim tools, and LCD repair tools. Wafer marking equipment is used for serialization and wafer identification by both manufacturers of semiconductor wafers and within semiconductor fabs. Wafer and circuit trim tools are laser systems t hat adjust the electrical performance of semiconductor devic! es or hyb! rid circuits by removing a precise amount of material from one or more circuit components.

Components Group (CG)

The Company designs and manufactures products that combine high-speed small parts handling technology with real-time control systems to provide automated, cost-effective inspection solutions for manufacturers of MLCC and other passive components such as capacitor arrays, inductors, resistors, varistors and hybrid circuits. These components, produced in quantities of trillions of units per year, process analog, digital and high-frequency signals and are used in all electronic products.

The Company provides several types of products and solutions in this market. Its MLCC test systems employ high-speed handling and positioning techniques to precisely load, test and sort MLCCs based on their electrical energy storage capacity, or capacitance, and their electrical energy leakage, or dissipation factor. Its 35XX series is the prod uctive tester. Its 3510 model enables high speed testing of the industry’s smallest metric 0402 capacitors used primarily in advanced cell phone and tablet designs. It also produces consumable products, such as carrier plates and termination belts, both of which are used to hold MLCCs during the manufacturing and testing process.

The Company competes with Mechanics, Ltd., LPKF Laser & Electronics AG, Mitsubishi Electric Corporation, Orbotech Ltd., InnoLas Systems GmbH, DISCO Corporation, Laser Solutions, Inc., Quantel USA, Inc., Humo Laboratory, Ltd. and HOYA Corporation.

Advisors’ Opinion:

  • [By Eric Volkman]

    Electro Scientific Industries (NASDAQ: ESIO  ) has a new division under its corporate wing. The company has inked a definitive agreement to purchase the semiconductor systems unit of GSI Group (NASDAQ: GSIG  ) . The terms of the deal were not disclosed.

  • [By Evan Niu, CFA]

    What: Shares of Electro Scientific (NASDAQ: ESIO  ) popped briefly today, up by 11% at the high, after the company reported earnings.

    So what: Revenue in the fiscal fourth quarter totaled $39.6 million, which translated into a non-GAAP net loss of $1 million, or $0.03 per share. Both figures came out better than expected, as consensus estimates were calling for $38.1 million in revenue and an adjusted loss of $0.07 per share.