Top 5 High Tech Stocks To Watch Right Now

The Washington Post now fully belongs to billionaire Jeff Bezos.

The Washington Post Co., which had owned the paper, said Tuesday that it has finalized selling that part of the company to the founder and chairman of Amazon.com, a deal that was announced in early August and shocked the media industry.

In paying $250 million in cash for the paper, Bezos gains control of the fabled but struggling publication that had been controlled by four generations of the Graham family.

Bezos, who’s buying the paper individually, also picks up other properties in the Washington region, including the Express newspaper, The Gazette newspapers, Southern Maryland Newspapers, Fairfax County Times and El Tiempo Latino.

Slate magazine, The Root and Foreign Policy are not part of the deal and will remain with The Washington Post Co.

Top 5 High Tech Stocks To Watch Right Now: Emul ex Corp (ELX)

Emulex Corporation (Emulex) is a provider of a range of network convergence solutions that connect servers, storage, and networks within the data center. The Company’s product portfolio includes Host Bus Adapters (HBAs), Converged Network Adapters (CNAs), Network Interface Cards (NICs), mezzanine cards for blade servers, Application Specific Integrated Circuits (ASICs), embedded storage bridges, routers, and switches, Input/Output Controllers (IOCs), and connectivity management solutions. The Company is a designer, developer and supplier of HBAs, CNAs, NICs, mezzanine cards, Pass-Through Modules (PTM), embedded storage switches, embedded bridges, embedded routers, I/O ASICs, switch-on-a-chip (SOC) ASICs, Internet Baseboard management controllers (iBMC’s) and connectivity management solutions. On August 25, 2010, Emulex acquired ServerEngines Corporation. In February 2013, Emulex acquired 89% ownership of Endace Ltd. In April 2013, Emulex Corp announced the completion o f acquisition of Endace Limited.

Host Server Products

The Company’s Host Server Products include the development of chip level and board level server-based I/O adapters, including HBAs, Universal Converged Network Adapters (UCNAs), and mezzanine cards that connect servers and storage to networks using a range of products. Its products support Internet protocol (IP) and storage networking, including transmission control protocol (TCP)/IP, Internet small computer system interface (iSCSI), network attached storage (NAS), Fibre Channel, and Fibre Channel over Ethernet (FCoE). Host Server Products (HSP) include LightPulse HBAs, OneConnecttm UCNAs, custom form factor solutions for original equipment manufacturer (OEM) blade servers, and ASICs. These products enable servers to connect to local area networks (LANs), storage area networks (SANs), and NAS by offloading data communication processing tasks from the server as information is delivered and sent to the network.

Its Fibre Channel H! BAs connect host computers to a Fibre Channel network. The Company’s adapters support a range of operating systems and host computer system interfaces, including Peripheral Component Interconnect (PCI) and PCI Express-based platforms. Its Fibre Channel HBA offerings include single, dual, and quad port adapters at throughput speeds of two gigabyte per second, four gigabyte per second, and eight gigabyte per second for use in enterprise, large, medium, and small-sized organizations. The Emulex OneConnect UCNA is a single chip 10 gigabyte per second Ethernet platform designed to address the challenges of data center networks. The Emulex UCNA platform enables data center managers to consolidate multiple one gigabyte per second Ethernet links on to a single 10 gigabyte per second Ethernet link. Emulex HBAs and UCNAs are based upon its internally developed Fibre Channel and Ethernet IOCs. In addition, these IOCs can be used in embedded I/O environments, such as disk and tape sto rage arrays and storage appliances. Revenues from these applications are included in the Company’s Embedded Storage Products.

Embedded Storage Products

The Company’s Embedded Storage Products include the development of chip level, board level, and box level array based products that are deployed inside storage arrays, tape libraries, and other storage products to provide connectivity and protocol emulation functions. These products include embedded IOCs, I/O Processors (IOPs), SOCs, embedded bridges (FC/SATA/SAS), and embedded routers (FC/SATA/SAS). Emulex offers a range of integrated, embedded storage networking products for enterprise storage systems that deliver improved performance, reliability and storage connectivity. InSpeed is an advanced switching architecture that results in a single chip capable of handling multiple Fibre Channel devices operating at two, four, or eight gigabyte per second speeds. Its embedded router and bridge pro ducts consist of chip and firmware solutions.

! The Compa! ny competes with QLogic Corporation, Brocade Communications Systems, Inc., Broadcom Corporation, Intel Corporation, Chelsio Communications, Inc., Mellanox Technologies, Ltd., LSI, Marvell Technology Group Ltd., Maxim Integrated Products, Inc. and PMC-Sierra, Inc.

Advisors’ Opinion:

  • [By Eric Volkman]

    A top-level promotion has taken place at Emulex (NYSE: ELX  ) . The company announced that it has appointed Jeffrey Benck to be its CEO, effective immediately. He replaces James McCluney, who was named executive chairman of the board. In turn, McCluney displaces ex-chairman Paul Folino, who is to continue to serve as a director.

  • [By Roberto Pedone]

    Emulex (ELX) is a provider of a range of network convergence solutions that intelligently connect servers, storage and networks within the data center. This stock closed up 1.6% to $8.14 in Thursday’s trading session.

    Thursday’s Range: $8.05-$8.22

    52-Week Range: $5.72-$8.99

    Thursday’s Volume: 727,000

    Three-Month Average Volume: 786,981

    From a technical perspective, ELX bounced modestly higher here right above some near-term support at $7.95 with decent upside volume. This stock has been trending sideways inside of a consolidation chart pattern over the last month, with shares moving between 7.50 on the downside and $8.46 on the upside. This modest spike is now starting to push shares of ELX within range of triggering a near-term breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if ELX manages to take out some near-term overhead resistance levels at $8.34 to $8.46 with high volume.

    Traders should now look for long-biased trades in ELX as long as it’s trending above some key near-term support levels at $7.95 or $7.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 786,981 shares. If that breakout hits soon, then ELX will set up to re-test or possibly take out its 52-week high at $8.99. Any high-volume move above $8.99 will then give ELX a chance to tag its next major overhead resistance levels at $10 to $11.19.

Top 5 High Tech Stocks To Watch Right Now: Eaton Vance Senior Floating-Rate Trust (EFR)

Eaton Vance Senior Floating-Rate Trust (the Fund) is a closed-end management investment company. The Fund’s investment objective is to provide a high level of current income and preservation of capital by investing primarily in senior, secured floating rate loans (Senior Loans). Eaton Vance Senior Floating-Rate Trust invests in various industries, including healthcare, publishing, cable and satellite television, chemicals and plastics, and business equipment and services.

The Fund invests at least 80% of its total assets in Senior Loans. The Fund may also invest in second lien loans and high yield bonds. Eaton Vance Management serves as the investment advisor of the Fund.

Advisors’ Opinion:

  • [By John Dowdee]

    The following 10 funds satisfied all of these conditions:

    BlackRock Float Rate Strategies (FRA). This CEF sells at a discount of 3%, which is low compared to an average premium of 2% over the past year. The distribution has been managed at 6.1% and a small amount (less than 10%) has been return of capital (ROC). However, this has not negatively affected net asset value (NAV) so has not been destructive. The fund holds 447 securities, with 90% in floating rate loans. FRA utilizes 27% leverage and has an expense ratio of 1.7%, including interest payments. Eaton Vance Floating Rate (EFR). This CEF sells at a 1% premium, which is low compared to an average premium of 5% over the past year. The distribution is 6.2%, none of which was ROC. The fund holds 800 securities, with 90% in floating rate loans. About 85% of the securities are from U.S. companies. EFR utilizes 35% leverage and has an expense ratio of 1.8% including interest payments. ING Prime Rate Tr ust (PPR). This CEF sells for a premium of 2%, which is below the average premium of 5%. It has a distribution of 6.8%, none of which was ROC. The fund has 350 holdings, virtually all in senior loans and from US companies. PPR utilizes 29% leverage and has a high expense ratio of 2.1%, including interest payments. Invesco VK Dynamic Credit Opportunities (VTA). This CEF sells for a discount of 5%, which is below the average discount of 1%. It has a distribution of 7.1%, none of which was ROC. The fund has 495 holdings, with 76% in floating rate loans. About 25% of the loans are from non-US companies. VTA utilizes a relatively low 20% leverage but still has a high expense ratio of 2.1%, including interest payments. Invesco VK Senior Income (VVR). This CEF sells for a discount of 1%, which is below the average premium of 3%. It has a distribution of 7.1%, none of which was ROC. The fund has over 500 holdings, with 89% in floating rate loans. Almost all (95%) securities are from US companies. VVR ut

Top 5 High Tech Stocks To Watch Right Now: FedEx Corporation(FDX)

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment offers various shipping services for the delivery of packages and freight. This segment also provides international trade services specializing in customs brokerage, and ocean and air freight forwarding services; customs clearance services, as well as global trade data, an information tool that allows customers to track and manage imports; and international trade advisory services, including assistance with the customs-trade partnership against terrorism program, as well as publishes customs duty and tax information in various customs areas. In addition, it offers supply chain solutions, including critical inventory logistics, transportation management, fulfillment, and fleet services. The FedEx Ground segment provides business and reside ntial ground package delivery services. It primarily serves customers in the small-package market in North America. The FedEx Freight segment offers less-than-truckload freight services, as well as freight-shipping services. As of May 31, 2010, this segment operated approximately 60,000 vehicles and trailers from a network of 492 service centers. The FedEx Services segment provides sales, marketing, information technology support, and customer service support services; and access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and a range of ground shipping and time-definite express shipping services. The company was founded in 1971 and is headquartered in Memphis, Tennessee.

Advisors’ Opinion:

  • [By Douglas A. McIntyre]

    Some traditional brand powerhouses have lost ground in the Top 100 since 2009. These include BMW, FedEx Corp. (NYSE: FDX) and Colgate-Palmolive Co. (NYSE: CL).

  • [By tyokunbo]

    FedEx Corporation (FDX) provides customers with a portfolio of transportation, e-commerce, and business solutions. With annual revenues of $45 billion, the company operates in four segments. They are FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The company provides business applications through its segments. FedEx consistently ranks among the world’s most admired employers, with more than 300,000 team members. It was founded in 1971 and is headquartered in Memphis, Tennessee.

Top 5 High Tech Stocks To Watch Right Now: Mueller Industries Inc (MLI)

Mueller Industries, Inc., incorporated on October 03, 1990, is a manufacturer of copper, brass, plastic, and aluminum products. The Company’s products include copper tube and fittings; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic pipe, fittings and valves; refrigeration valves and fittings; fabricated tubular products; and steel nipples. The Company also resells imported brass and plastic plumbing valves, malleable iron fittings, faucets and plumbing specialty products. Mueller’s operations are located throughout the United States and in Canada, Mexico, Great Britain, and China. The Company has two segments: the Plumbing & Refrigeration segment and the Original Equipment Manufacturers (OEM) segment. The Plumbing & Refrigeration segment is composed of the Standard Products Division (SPD), European Operations, and Mexican Operations. The OEM segment is composed of the Industrial Products Division (IPD), Engineered Products Division (EPD), and Jiangsu Mueller-Xingrong Copper Industries Limited (Mueller-Xingrong), the Company’s Chinese joint venture. On August 16, 2012, the Company acquired 100% of the stock of Westermeyer Industries, Inc. (Westermeyer), located in Bluffs, Illinois. Westermeyer designs, manufactures, and distributes high-pressure components and accessories for the air-conditioning and refrigeration markets. In October 2013, Commercial Metals Company completed the sale of Howell Metal Company, to Mueller Copper Tube Products, Inc., a subsidiary of Mueller Industries, Inc.

Plumbing & Refrigeration segment

SPD manufactures and sells copper tube, copper and plastic fittings, plastic pipe, and valves in North America and sources products for import distribution in North America. European Operations manufacture copper tube in Europe, which is sold in Europe and the Middle East; activities also include import distribution in the United Kingdom and Ireland. Mexican Operations consist of pi! pe nipple manufacturing and import distribution businesses, including product lines of malleable iron fittings and other plumbing specialties. The Plumbing & Refrigeration segment sells products to wholesalers in the heating, ventilation, and air-conditioning (HVAC), plumbing, and refrigeration markets, to distributors to the manufactured housing and recreational vehicle industries, and to building material retailers.

Mueller’s Plumbing & Refrigeration segment includes SPD, which manufactures a line of copper tube, in sizes ranging from 1/8 inch to eight inch diameter, which are sold in various straight lengths and coils. Mueller is in the air-conditioning and refrigeration service tube markets. In addition, Mueller supplies a variety of water tube in straight lengths and coils used for plumbing applications in virtually every type of construction project. SPD also manufactures copper and plastic fittings and related components for the plumbing and heating ind ustry that are used in water distribution systems, heating systems, air-conditioning, and refrigeration applications, and drainage, waste, and vent systems. SPD’s products are used in the domestic residential and commercial construction markets. The Plumbing & Refrigeration segment also fabricates steel pipe nipples and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products to plumbing wholesalers, distributors to the manufactured housing and recreational vehicle industries and building materials retailers.

The Company competes with Cerro Flow Products, Inc., Cambridge-Lee Industries LLC , Wolverine Tube, Inc., KobeWieland Copper Products LLC, Howell Metal Company, Elkhart Products Company, NIBCO, Inc. and Charlotte Pipe & Foundry.

OEM segment

The OEM segment manufactures and sells brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and coppe r impact extrusions; refrigeration valves and fittings; fabr! icated tu! bular products, and gas valves and assemblies. Mueller-Xingrong manufactures engineered copper tube primarily for air-conditioning applications. The products are sold primarily to OEMs located in China. The OEM segment sells its products primarily to original equipment manufacturers, many of which are in the HVAC, plumbing, and refrigeration markets.

Mueller’s OEM segment includes IPD, which manufactures brass rod, nonferrous forgings, and impact extrusions that are sold primarily to OEMs in the plumbing, refrigeration, fluid power, and automotive industries, as well as to other manufacturers and distributors. The Company extrudes brass, bronze and copper alloy rod in sizes ranging from 3/8 inches to four inches in diameter. These alloys are used in applications that require a high degree of machinability, wear and corrosion resistance, as well as electrical conductivity. IPD also manufactures brass and aluminum forgings, which are used in a variety of product s, including automotive components, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware. IPD also serves the automotive, military ordnance, aerospace, and general manufacturing industries with cold-formed aluminum and copper impact extrusions. The OEM segment also includes EPD, which manufactures and fabricates valves and custom OEM products for refrigeration and air-conditioning, gas appliance, and barbecue grill applications. In addition, EPD manufactures shaped and formed tube, produced to tight tolerances, for baseboard heating, appliances, and medical instruments.

The Company competes with Chase Brass and Copper Company.

Advisors’ Opinion:

  • [By Neil Macneale]

    Among the potential addition to our portfolio, Mueller Industries (MLI) may seem among the least likely. It’s a very small-cap company ($1.8B) and it’s not very well known (covered by only two analysts).

  • [By Seth Jayson]

    Mueller Industries (NYSE: MLI  ) reported earnings on July 23. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended June 29 (Q2), Mueller Industries met expectations on revenues and beat expectations on earnings per share.

Top 5 High Tech Stocks To Watch Right Now: Primero Mining Corp (PPP)

Primero Mining Corp. (Primero) is a precious metals producer with operations in Mexico. The Company is focused on precious metals assets in the Americas through acquiring, exploring, developing and operating mineral resource properties. As of December 31, 2011, Primero had one producing property, the San Dimas Mine, located in Mexico’s San Dimas district, on the border of Durango and Sinaloa states, and one exploration property, Ventanas, located in Durango state, Mexico. The San Dimas Mine consists of three underground gold and silver mining operations at Tayoltita, San Antonio (Central Block) and Santa Rita. In 2011, the San Dimas Mine produced 79,564 ounces of gold and 4.6 million ounces of silver. Primero also holds 28 mining concessions (3,470.4 hectares) at Mala Noche-Ventanas-San Cayetano (the Ventanas Project). Primero has three active, wholly owned subsidiaries include Primero Empresa Minera, S.A. de C.V., Silver Trading (Barbados) Ltd. and Primero Mining Luxembour g s.a r.l. Advisors’ Opinion:

  • [By MONEYMORNING]

    As well, Primero Mining (NYSE: PPP) bought Brigus Gold Corp (USA)(NYSE: BRD) for $220 million, and Asanko Gold (NYSEMKT: AKG) is acquiring PMI Gold Corporation (TSE: PMV).

  • [By Dan Caplinger]

    Dan also highlights a new agreement with Brazil’s Vale (NYSE: VALE  ) as an example of a new partner streaming agreement that features a focus on gold. Can Silver Wheaton continue to profit from future agreements with partners such as Barrick Gold (NYSE: ABX  ) , Primaro Mining (NYSE: PPP  ) , and Hudbay Minerals (NYSE: HBM  ) ?