SanDisk Corp. (SNDK) is rolling today, up more than 7% as we type thanks to a robust earnings announcement. iStock readers shouldn’t be taken by surprise with SNDK’s results and response. We told you it was coming in our SanDisk EPS preview.
You should be reading the earnings previews because we’ve been nailing them. On a side note – iStock suggested that our Daily i On the Market subscribers buy Winnebago Industries, Inc. (WGO) for earnings. Based on our rules, the trade made more than 10% in three days. Click here if you want the rest of Q3 earnings’ seasons earnings trade ideas.
While most investors might be impressed with 7% in a day, Needham & Company says you ain’t seen nothing yet! Analyst Rajvindra Gill says the stock’s price-target is $90 and upgrades SanDisk to “Strong Buy” from “Buy.”
Top 5 Heal Care Stocks To Watch For 2015: ICL Israel Chemicals L td (ICL)
ICL Israel Chemicals Ltd (ICL) is an Israel-based company, engaged in the fertilizer and specialty chemical sectors. The company operates in three segments: Fertilizers, Industrial Products, and Performance Products. The Fertilizers segment is engaged in the production of standard, granular, fine red and white potash from three sources, as well as in the production of phosphates, such as phosphate rock, phosphoric acid, fertilizers and animal feed addictives. The Industrial Products segment produces flame retardants, such as brominates and organ phosphorus; elemental bromine, and other chemicals. In addition the Performance Products segment produces specialty phosphates, such as technical, food grade and electronic grade phosphoric acid, phosphate salts, food additives and wildfire safety products, as well as alumina and other chemicals. Advisors’ Opinion:
- [By Gwen Ackerman]
Israel Chemicals Ltd. (ICL), the fourth-largest potash producer in the world by sales, is weighing on the Tel Aviv benchmark stock index on concern the government will exact higher royalties amid a global oversupply.
- [By Claudia Maedler]
In Israel, the TA-25 Index (TA-25) gained 1.9 percent at the close in Tel Aviv as Israel Corp. jumped 9 percent, the most since July 2009, to 1,755 shekels. The shares soared along with those of its Israel Chemicals Ltd. (ICL) unit, which advanced 6.4 percent on speculation that a possible change in ownership of Russian potash producer OAO Uralkali could help stabilize prices of the crop nutrient.
Top 5 Heal Care Stocks To Watch For 2015: Tennant Company(TNC)
Tennant Company engages in the design, manufacture, and marketing cleaning solutions worldwide. The company offers floor maintenance and outdoor cleaning equipment; chemical-free cleaning technologies; and specialty surface coatings and related products for protecting, repairing, and upgrading floors. Its products are used to clean and coat surfaces in factories, office buildings, parking lots and streets, airports, hospitals, schools, warehouses, shopping centers, and other retail environments. The company also provides parts, consumables, and service maintenance and repair; business solutions, such as pay-for-use offerings, and rental and leasing programs; and cleaning technologies that enhance the performance of its cleaning equipment. In addition, it offers Green Machine 500ze, an electric vacuum street sweeper to clean crowded urban areas. The company serves building service contract cleaners, end-user businesses, healthcare facilities, and schools, as well as local, state, and federal governments through its direct sales and service organization, and authorized distributors. Tennant Company was founded in 1870 and is based in Minneapolis, Minnesota.
- [By Marc Bastow]
Floor maintenance and cleaning service company Tennant (TNC) raised its quarterly dividend 11% to 20 cents per share payable June 6 to shareholders of record May 30.
TNC Dividend Yield: 1.29%
- [By Seth Jayson]
Tennant (NYSE: TNC ) reported earnings on April 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Tennant missed estimates on revenues and missed estimates on earnings per share.
Top 5 Heal Care Stocks To Watch For 2015: PowerShares WilderHill Clean Energy Portfolio (PBW)
PowerShares WilderHill Clean Energy Portfolio (the Fund) is based on the WilderHill Clean Energy Index and seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of that equity index. The sectors covered by the Fund include Energy-Alternate Sources, Semiconductors, Electrical Components and Equipment, Chemicals, Electric, Electronics, Computers, Auto Parts and Equipment, Biotechnology and Agriculture. PowerShares Capital Management LLC is the Fund’s investment adviser.
PowerShares WilderHill Clean Energy Portfolio’s top 10 holdings include SunPower Corp., Class A, Echelon Corp., Cypress Semiconductor Corp., Cree, Inc., First Solar, Inc., OM Group, Inc., Universal Display Corp., KYOCERA Corp. ADR (Japan), Suntech Power Holdings Co., Ltd. ADR (Cayman Islands) and Applied Materials, Inc.
- [By Aaron Levitt]
A lack of profits and the reliance on government subsidies have made most stocks in the renewable energy category pretty poor performers over the years. Just check out the performance of the broad PowerShares WilderHill Clean Energy ETF (PBW). It has lost about 7.5% annually since its inception in 2005.
- [By Wall Street Sector Selector]
Another ETF which invests in the solar sector is the PowerShares WilderHill Clean Energy ETF (PBW). Although its holdings are not limited to the solar sector, its most significant holding is SunPower Corporation at 4.96% of the weight. Its number three holding is MEMC Electronic Materials at 3.42% of the weight. PBW’s average trading volume is robust at over 400,000 shares per day. Its market cap is $135 million.
- [By Selena Maranjian]
Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you’d like to add some clean-energy-related stocks to your portfolio, the PowerShares WilderHill Clean Energy Portfolio ETF (NYSEMKT: PBW ) could save you a lot of trouble. Instead of trying to figure out which companies will perform best, you can use this ETF to invest in lots of them simultaneously.
ETFs often sport lower expense ratios than their mutual fund cousins. The PowerShares ETF’s expense ratio — its annual fee — is 0.70%. The fund is fairly small, too, so if you’re thinking of buying, beware of possibly large spreads between its bid and ask prices. Consider using a limit order if you want to buy in.
Top 5 Heal Care Stocks To Watch For 2015: Art’s-Way Manufacturing Co. Inc.(ARTW)
Art?s-Way Manufacturing Co., Inc., together with its subsidiaries, engages in the manufacture and sale of agricultural equipment in the United States. It offers portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations; a crop production line that includes grain drill equipment; hay and forage equipment consisting of forage boxes, forage blowers, running gears, dump boxes, rotary rakes, finger wheel rakes, and mergers; stalk shredders; portable grain augers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; and moldboard plows, as well as provides hay blowers to original equipment manufacturers. The company also manufactures and supplies pressure steel vessels and steel containment systems for water treatment, air receivers, refineries, co-generation, chemical, petrochemical, storage tanks, agriculture, marine, refrigeration, hydro pneumatic, heavy equipmen t, pharmaceuticals, and mining industries. In addition, it provides services, such as custom CAD drawing; welding; interior linings and exterior finishing; passivation of stainless steel; hydrostatic and pneumatic testing; design, build and finishing of skids; installation of piping; and non-destructive examination and heat treating, as well as offers after-market service parts. Further, the company produces and sells modular buildings that are used for animal containment and research laboratories. Art?s-Way Manufacturing Co., Inc. sells its products through independent farm equipment dealers primarily under the Art?s-Way, Miller Pro, and Badger brand names. The company was founded in 1956 and is based in Armstrong, Iowa.
- [By Monica Gerson]
Art’s-Way Manufacturing Co (NASDAQ: ARTW) is estimated to post its quarterly earnings.
Packaging Corporation of America (NYSE: PKG) is projected to post its Q3 earnings at $0.89 per share on revenue of $831.79 million.
Top 5 Heal Care Stocks To Watch For 2015: Avnet Inc. (AVT)
Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates in two segments, Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products and embedded computing solutions, including technical design, integration, and assembly services to developers of application-specific computing solutions in the non-PC market. It also provides engineers with a host of technical design solutions in support of the sales process of complex products and technologies; engineering and technical resources to support product design, bill of materials development, design services, and technical education and training; and supply chain services focused on original equipment manufacturers (OEMs), el ectronic manufacturing services providers, and electronic component manufacturers. This segment primarily serves electronic component manufacturers in various markets, including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military and aerospace, telecommunications, industrial, and digital editing. The TS segment markets and sells mid-to high-end servers, data storage, and software, as well as provides services required to implement such products and solutions to the value-added reseller channel. It also focuses on the worldwide OEM market for computing technology, system integrators, independent software vendors, and non-PC OEMs that require embedded systems and solutions, including engineering, product prototyping, integration, and other value-added services. The company was founded in 1955 and is headquartered in Phoenix, Arizona.
- [By Roberto Pedone]
One electronics wholesales player that insiders are active in here is Avnet (AVT), which distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. Insiders are buying this stock into modest weakness, since shares are down by 4.3% so far in 2014.
Avnet has a market cap of $5.8 billion and an enterprise value of $6.9 billion. This stock trades at a reasonable valuation, with a trailing price-to-earnings of 12 and a forward price-to-earnings of 8.4. Its estimated growth rate for this year is 9.4%, and for next year it’s pegged at 8.2%. This is not a cash-rich company, since the total cash position on its balance sheet is $928.97 million and its total debt is $2.08 billion. This stock currently sports a dividend yield of 1.4%.
A director just bought 191,000 shares, or about $7.91 million worth of stock, at $41.43 per share.
From a technical perspective, AVT is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock recently formed a double bottom chart pattern at $40.90 to $40.77 a share. Following that bottom, shares of AVT have started to rip higher with strong upside volume flows.
If you’re bullish on AVT, then I would look for long-biased trades as long as this stock is trending above that recent low of $40.77 and then once it breaks out above its 200-day at $42.71 and its 50-day at $43.59 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 661,673 shares. If that breakout begins soon, then AVT will set up to re-test or possibly take out its next major overhead resistance levels at $43.95 to $45.24 a share, or $45.53 a share. Any high-volume move above $45.53 will then give AVT a chance to re-fill its previous gap-down-day zone from April that started at
- [By Monica Wolfe]
Avnet Inc (AVT)
FPA Capital’s fourth largest holding is in the company Avnet. The fund holds on to 1,722,400 shares of the company’s stock, representing 1.29% of their shares outstanding and 9.2% of his total portfolio.