Jiangnan Group (OTC:OTC:JNGHF) is one of the largest manufacturers in China of electricity wires and cables. At first, this seems like a very boring commodity industry that seems heavily exposed to a potential bubble. But taking a closer look reveals an industry with very attractive economics (if you are a large player) where peers tend to get high earnings multiples. And that tends towards consolidation. It is also an industry with huge tailwinds in the form of an underserved electricity market in China and massive announced grid infrastructure projects by the Chinese government for hundreds of billions of dollars. And on top of that is very exposed to the build out of green energy and electric cars which will require a lot of (specialized) power cables and wires. And you get to buy all of that at 5x forward earnings (if copper prices stay where they are now) with no net debt. Of course, if you think China will crash and burn, you can probably stop reading here. If not, then read on!
Top Energy Stocks To Watch Right Now: Century Aluminum Company(CENX)
- [By Alexander Bird]
Aluminum producer Century Aluminum Co. (Nasdaq: CENX) added 3.3%to its share price, and Alcoa Corp. (NYSE: AA) edged up 0.2%, both closing out the day with gains.
- [By D.R. Barton, Jr.]
According to industry leaders, including Century Aluminum Co. (Nasdaq: CENX) CEO Michael Bless, many of those jobs will be in jeopardy with the new taxes. And then there’s the reciprocal tariff reactions from other nations that would definitely hit the billions of dollars’ worth of U.S. agricultural exports with further jobs in jeopardy.
- [By Matthew DiLallo]
Earlier this month,the price of aluminum spiked after the U.S. government slapped sanctions on Rusal, the second-largest supplier of aluminum to the U.S. and Canada. That news sent the stocks of U.S. aluminum producers like Alcoa and Century Aluminum (NASDAQ:CENX) soaring on the belief that they’d profit from the higher prices that would likely result from the sanctions.
- [By Rich Smith]
Shares of Century Aluminum (NASDAQ:CENX)are off 9.7% as of 11 a.m. EDT despite the company reporting a sizable earnings “beat” this morning. Instead of posting expected pro forma losses of $0.23 per share for its fiscal first-quarter 2018, its loss for the quarter was less than $0.01 per share ($0.04 after adjusting for one-time items).
- [By ]
You can see why Century Aluminum (Nasdaq: CENX) commended the President for “acting swiftly and boldly to save the American aluminum industry.” The company intends to ramp up operations at its smelter in Hawesville, Kentucky, putting 300 people back to work. In Illinois, US Steel (NYSE: X) is restarting a blast furnace that will employ at least 500 new workers.
Top Energy Stocks To Watch Right Now: TheStreet, Inc.(TST)
- [By Shane Hupp]
WARNING: “TheStreet, Inc. (TST) Given $2.83 Consensus Target Price by Analysts” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/3375008/thestreet-inc-tst-given-2-83-consensus-target-price-by-analysts.html.
- [By ]
TheStreet (TST) caught up with PayPal (PYPL) CEO Dan Schulman on the latest Jolt podcast to chat about a range of topics. Of course a talk about the future of physical cash came up.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on TheStreet (TST)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Energy Stocks To Watch Right Now: Berkshire Hathaway Inc. (BRK-B)
- [By Sean Williams]
This past weekend, the most anticipated of all annual stockholder meetings kicked off. Roughly 40,000 shareholders of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) from across the country descended on Omaha, Nebraska, to hear long-term investment icons Warren Buffett and his right-hand man, Charlie Munger, speak for hours about the stock market, money, and the state of the U.S. economy.
- [By Jordan Wathen]
Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) reported that operating earnings increased 49% year over year to $5.3 billion in the first quarter of 2018. The Omaha-based holding company reported that its insurers, railroad, and manufacturing subsidiaries all earned higher profits, though losses in its investment portfolio weighed on its net income.
- [By Motley Fool Staff]
Thanks to new accounting rules, Berkshire Hathaway’s(NYSE:BRK-A)(NYSE:BRK-B) record first-quarter operating profit looks like a $1.1 billion loss. Confused? In this Industry Focus: Financials clip, Michael Douglass and Matt Frankel break down Berkshire’s first-quarter numbers for you.
- [By Joe Tenebruso]
In the mold of a young Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), Boston Omaha (NASDAQ:BOMN) is a small conglomerate designed to generate attractive long-term returns through the consistent acquisition of undervalued assets. Its current businesses include insurance, real estate, and advertising, and the company plans to expand within these areas and others via both acquisitions and organic growth.
- [By Todd Campbell]
For example, Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), JPMorgan Chase (NYSE:JPM), and Amazon.com (NASDAQ:AMZN) are hunting for a visionary CEO for their healthcare initiative. The three companies are teaming up to reinvent healthcare, to improve outcomes and cut costs. Warren Buffett recently told investors that getting the right CEO in place for this initiative is critical, and arguably, Bush has the chops to succeed in that role.