With a price-to-book ratio of 1, this stock�� featured buy in our model portfolio��s among the cheapest large banks in the world, suggests Briton Ryle of The Wealth Advisory.
Banco Santander (SAN) isn't just a European bank. In its most recent quarterly earnings report, Spain accounted for just 15% of profits. And the bank has only 20% of its assets in Spain.
The bank has extensive operations across the lucrative areas of Latin America, and emerging markets account for half of profits in the latest quarter.
By country, Brazil accounted for 26% of total profit, with Mexico providing 13% and Chile 5%. The US and UK each account for 12% of profits.
Santander made a couple acquisitions lately. It paid nearly $190 million to buy the majority stake of the consumer finance unit of the large department store and retailer, El Corte Ingles.
And most recently, it acquired a stake in the Bank of Shanghai that's worth $468 million. Seems to us, the bank can't be so bad off if it is making investments.
Best Cheapest Stocks For 2015: Immunomedics Inc.(IMMU)
Immunomedics, Inc., a biopharmaceutical company, engages in the research, development, manufacture, and marketing of monoclonal, antibody-based products for the treatment of cancer, autoimmune, and other serious diseases in the United States and Europe. The company?s products include epratuzumab, a Phase III clinical trail product for the treatment of systemic lupus erythematosus and non-Hodgkin?s lymphoma; Veltuzumab, a Phase I/II clinical study completed product for the treatment of patients with non-Hodgkin?s lymphoma, immune thrombocytopenic purpura, and chronic lymphocytic leukemia; Yttrium Y 90 Clivatuzumab tetraxetan, a humanized monoclonal antibody for pancreatic cancer that is in Phase Ib/II clinical trail; and Yttrium Y 90 epratuzumab tetraxetan, a Phase I/II clinical study product for patients with non-Hodgkin?s lymphoma. Its early phase clinical trial products comprise Milatuzumab, a transmembrane protein product for antibody-drug conjugate therapy. The com pany also develops Dock-and-Lock methodology for making fusion proteins and multifunctional antibodies, as well as a new method of delivering imaging and therapeutic agents selectively to disease, primarily different solid cancers. In addition, it markets and sells a diagnostic product, LeukoScan, which is used to treat infection and inflammation in bones for patients with suspected osteomyelitis, including patients with diabetic foot ulcers. Immunomedics, Inc. has a license and collaboration agreement with Nycomed GmbH to develop, manufacture, and commercialize veltuzumab in the subcutaneous formulation for the treatment of various non-cancer indications; and a partnership and cross-licensing agreement with Alexis Biotech Ltd., to develop vaccines against cancers that include melanoma and chronic lymphocytic leukemia, and infectious diseases, such as AIDS. The company was founded in 1982 and is headquartered in Morris Plains, New Jersey.
Advisors' Opinion: - [By Wallace Witkowski]
Immunomedics Inc. (IMMU) �shares rose 19% to $6.18 on heavy volume after the small cap biotech said it just started treating patients with its pancreatic cancer drug in a late-stage clinical trial.
- [By Sean Williams]
In terms of clinical data, small-cap biotechnology company Immunomedics (NASDAQ: IMMU ) jumped by double digits after reporting early stage, but nonetheless positive, data from its antibody-drug conjugate program. Two of Immunomedics' ADC's, IMMU-130 which is targeted at metastatic colorectal cancer, and IMMU-132, which is being tested on 13 different cancer types, demonstrated tumor shrinkage and some partial responses. We're still a long way from an approval, but ADC's certainly look like one pathway to effectively treating cancer. Make sure this is a company you've added to your Watchlist.
- [By Roberto Pedone]
Another under-$10 stock that's starting to move within range of triggering a big breakout trade is Immunomedics (IMMU), which is focused on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases. This stock is off to a very bullish start in 2013, with shares up sharply by 110%.
If you take a look at the chart for Immunomedics, you'll notice that this stock has been uptrending decent for the last month, with shares moving higher from its low of $4.85 to its recent high of $6.54 a share. During that uptrend, shares of IMMU have been consistently making higher lows and higher highs, which is bullish technical price action. This uptrend is coming after shares of IMMU downtrended during July from $6.91 to that $4.65 a share low. Shares of IMMU are now starting to push within range of triggering a big breakout trade.
Market players should now look for long-biased trades in IMMU if it manages to break out above some near-term overhead resistance at $6.54 a share and then once it clears its 52-week high at $6.91 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average volume of 1.15 million shares. If that breakout triggers soon, then IMMU will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $8 to $10 a share, or possibly even north of $10 a share.
Traders can look to buy IMMU off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $5.52 a share or below more support at $5 a share. One can also buy IMMU off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Best Cheapest Stocks For 2015: Central Fund of Canada Limited (CEF)
Central Fund of Canada is an closed-ended commodity mutual fund launched and managed by Central Group Alberta, Ltd. It invests in the commodity markets. The fund primarily invests in commodities like silver and gold. Central Fund of Canada was formed on November 15, 1961 and is domiciled in Canada.
Advisors' Opinion: - [By Eric Parnell]
It also remains worthwhile to hedge stock allocations to protect against any major downside event along the way. This includes positions with low correlations such as the PIMCO Total Return ETF (BOND) or the PIMCO Global Advantage Inflation Linked Bond ETF (ILB). This also includes allocations that are likely to rally sharply in the event of a stock pullback but can also continue to rise along with the market such as long-term Treasuries (TLT) or Build America Bonds (BAB). And despite the recent thrashing they have endured, the precious metals complex including gold (GLD), silver (SLV), platinum (PPLT) and palladium (PALL) continue to provide attractive long-term portfolio diversification benefits. I remain long all of these metals via the Central GoldTrust (GTU), the Central Fund of America (CEF), the Sprott Physical Silver Trust (PSLV) and the Sprott Physical Platinum and Palladium Trust (SPPP).
Sirona Dental Systems, Inc. (Sirona), incorporated on April 25, 1997, and its subsidiaries is a manufacturer of dental equipment, and is focused on developing, manufacturing and marketing solutions for dentists around the world. The Company operates in four segments: Dental CAD/CAM Systems, Imaging Systems, Treatment Centers and Instruments. The Company markets its products globally to dental practices, clinics and laboratories through an international network of distributors. The dental distributors supply both dental equipment and consumables, and have regular contact with the ultimate end-users. In addition, the Company also distributes its products through its own sales and services infrastructure.
Dental CAD / CAM Systems
Dental CAD/CAM Systems address the dental restorations, which includes several types of restorations, such as inlays, onlays, veneers, crowns, bridges, copings and bridge frameworks made from ceramic, metal or composite blocks. Sirona's CEramic REConstruction (CEREC) system is an in-office application that enables dentists to produce high quality restorations from ceramic material and insert them into the patient's mouth during a single appointment. The CEREC system consists of an imaging unit and a milling unit. The imaging unit scans the damaged area, captures the image of the tooth or teeth requiring restoration and proposes the specifications for the restoration. The milling unit then mills the ceramic restoration to the required specifications based upon the captured image and the dentist's design specifications.
Sirona offers a service contract on its CEREC product, which includes software updates and upgrades and maintenance on software-related hardware. In addition to CEREC, Sirona also offers CAD/CAM products for dental laboratories, including the inLab restoration fabrication system and the extra-oral inEos scanner. These products are designed to improve efficiency and reduce costs for the dental lab. The inLab system scans the ! models received from the dentists and then mills ceramic or composite block restorations, such as crown copings and bridge frameworks to the specifications of the captured image.
Imaging Systems
Imaging Systems comprise a broad range of systems for diagnostic imaging in the dental practice. Sirona has developed a comprehensive range of imaging systems for two dimensional (2D) or three dimensional (3D), panoramic and intra-oral applications. Intra-oral x-ray systems use image-capture sensor devices, which are inserted into the mouth behind the diagnostic area, and take images of one or two teeth. Panoramic x-ray systems produce images of the entire jaw structure by means of an x-ray tube and an image capture device, which rotates around the head.
Treatment Centers
Treatment Centers consists of a range of products from basic dentist chairs to chair-based units with integrated diagnostic, hygiene and ergonomic functionalities, as well as specialist centers used in preventative treatment and for training purposes. Sirona offers specifically configured products to meet the preferences of dentists within each region in which it operates. Sirona's treatment center configurations and system integration are designed to enhance productivity by creating a seamless workflow within the dental practice.
Instruments
Sirona offers a range of instruments, including handheld and power-operated handpieces for cavity preparation, endodontics, periodontology and prophylaxis, which are regularly updated and improved. The instruments are supplemented by multi-function tips, supply and suction hoses, as well as care and hygiene systems for instrument preparation. Sirona's instruments are often sold as packages in combination with treatment centers.
Advisors' Opinion: - [By John Udovich]
Yesterday, small cap dental stock BIOLASE Inc (NASDAQ: BIOL) surged 17.69% after announcing it had received a license from the Health Canada-Medical Device Bureau to sell its EPIC dental soft-tissue diode laser systems throughout Canada, meaning its worth taking a closer look at the stock along with the performance of mid cap dental stocks like Sirona Dental Systems, Inc (NASDAQ: SIRO), DENTSPLY International Inc (NASDAQ: XRAY) and Align Technology, Inc (NASDAQ: ALGN).
- [By Ben Levisohn]
Shares of Align have surged 24% to $57 at 12:37 p.m. Sirona Dental Systems (SIRO) has risen 0.8% to $69.61, Dentsply International (XRAY) is up 0.1% at $45.44, Integra Lifesciences (IART) has� gained 0.4% to $44.23 and Danaher (DHR) has fallen 0.3% to $72.13.
- [By Todd Campbell]
Dentists may find that patients are more willing to spend on restorative procedures now that the job market is recovering and consumer sentiment is heading higher. That offers new opportunities for providers of dentistry equipment, such as Sirona Dental Systems (NASDAQ: SIRO ) , a company that was spun out of Siemens in 1997 and brought public in 2006.
Best Cheapest Stocks For 2015: Websense Inc. (WBSN)
Websense, Inc. provides unified Web, data, and email content security solutions to protect data and users from cyber-threats, information leaks, legal liability, and productivity loss. The company?s Web security solutions include Web Filter that enables employers to proactively analyze, report, and manage employee access to Web sites; Web Security, which enables organizations to manage, as well as block access to sites associated with spyware, phishing, keylogging, and other threats; Web Security Gateway, a network-based Web security solution; and Web Security Gateway Anywhere, and data loss prevention technology and hybrid deployment options to protect against data leaks via the Web, and allow IT administrators to create unified policies throughout the organization, as well as offers V-Series Appliances as standard server hardware platforms optimized for its software products. Its Data Security solutions include Data Security Suite, Data Discover, Data Monitor, Data Prote ct, and Data Endpoint to protect against the loss of confidential information and data due to internal threats, such as inadequate business process controls, employee error and malfeasance, and theft, including undetected malicious code embedded in the networks. The company?s email security technologies include Hosted Email Security and Email Security to provide protection from spam and email-borne viruses, as well as basic inbound and outbound content filtering. In addition, it offers TRITON Enterprise solutions that provide Web, data, and email security across the enterprise; and technical support and professional services. The company offers its products and services to public sector entities, enterprise customers, small and medium sized businesses, and Internet service providers through a network of value-added resellers and original equipment manufacturers worldwide. Websense, Inc. was founded in 1994 and is headquartered in San Diego, California.
Advisors' Opinion: - [By Rich Duprey]
Websense (NASDAQ: WBSN ) shareholders have until June 25 to decide on a $24.75-a-share acquisition offer by Vista Equity Partners.
The board of cyber attack security specialist Websense has agreed to be acquired by Vista Equity Partners in the $903 million deal announced earlier this month. This morning, the companies announced that the�tender offer for all of the outstanding shares of Websense common stock has begun.
Best Cheapest Stocks For 2015: NCI Inc.(NCIT)
NCI, Inc. provides information technology (IT) and professional services and solutions to the United States Federal Government defense, intelligence, and civilian agencies. It offers enterprise systems management services, including infrastructure operations and management; outsourcing and managed; infrastructure consolidation and modernization; public/private cloud computing; planning and disaster recovery; virtual desktop infrastructure; application and network management; network design, implementation, and migration; network monitoring and performance evaluation; multi-site environments; and data center modernization and consolidation. The company also provides network engineering services comprising architecture development and design; protocol and topology optimization; disaster response planning and recovery; installation, test, and evaluation; network configuration and compliance audit; network security evaluation; protocol and topology optimization; reliability an d contingency assessment; requirements analysis; redundant routing/switching solutions; and enterprise vulnerability management. In addition, it offers cybersecurity and information assurance services consisting of intrusion detection/prevention system development; public key infrastructure implementation; certification and accreditation; computer forensics and ediscovery; policy and procedures development; threat assessment and mitigation; products evaluation and integration; security test and evaluation; cybersecurity fusion centers; and risk management and continuous monitoring. Further, the company provides software development and systems engineering services; program management and lifecycle support services; professional engineering, logistics, and support services; health IT and informatics services; and modeling, simulation, and training services. NCI, Inc. is headquartered in Reston, Virginia.
Advisors' Opinion: - [By CRWE]
NCI, Inc. (NASDAQ:NCIT) will issue its third quarter 2012 financial results after the market closes on Wednesday, October 31, 2012. Management will then discuss the results, as well as operating trends and future performance expectations, on a conference call beginning at 4:30 p.m. Eastern Time.
Best Cheapest Stocks For 2015: Golar LNG Partners LP (GMLP)
Golar LNG Partners LP (the Partnership), incorporated on September 24, 2007, is a limited partnership formed as a wholly owned subsidiary of Golar LNG Limited (Golar), an independent owner and operator of floating storage re-gasification units (FSRUs) and liquefied natural gas (LNG) carriers, to own and operate FSRUs and LNG carriers under long-term charters. The vessels in its fleet are chartered to BG Group, Pertamina, Petrobras and Dubai Supply Authority. As of December 31, 2012, Golar owned its 2.0% general partner interest, all of its IDRs and a 49.9% limited partner interest in it. As of December 31, 2012, its fleet consisted of a 100% interest in the Golar Spirit, which is operating under a time charter with Petrobras; a 100% interest in the Golar Winter, which is operating under a time charter with Petrobras; a 100% interest in the Golar Freeze, which is operating under a time charter with Dubai Supply Authority (DUSUP), the purchaser of natural gas in Dubai; a 100% interest in the Methane Princess, which is operating under a time charter with BG Group PLC (BG Group), and a 60% interest in the Golar Mazo, an LNG carrier, which is operating under a time charter with PT Pertamina (Pertamina). In July 2012, Golar sold its interests in the companies that own and operate the floating storage and regasification unit (FSRU) Nusantara Regas Satu to the Company. As of April 30, 2013, the Company has a fleet of four FSRUs and four LNG carriers. In November 2012, the Company acquired from Golar interests in subsidiaries that lease and operate the LNG carrier, the Golar Grand.
FSRU Charters
The Company provides the services of each of the Golar Spirit and the Golar Winter to Petrobras under separate time charter parties (or TCP) and operation and services agreements (OSAs). The TCPs and OSAs are interdependent and when combined have the same effect as the time charters for its LNG carriers. The services of the Golar Freeze are provided to DUSUP under a TCP. The Golar Spirit and ! Golar Winter charters also contained provisions giving Petrobras the option to purchase the vessels from it under certain circumstances.
LNG Carrier Charters
The Company provides the LNG marine transportation services of the Golar Mazo, Methane Princess and the Golar Maria under a time charters with LNG Shipping SpA. A time charter is a contract for the use of the vessel for a fixed period of time at a specified daily rate. Under a time charter, the vessel owner provides crewing and other services related to the vessel�� operation.
The Company competes with Royal Dutch Shell, BP, BG, Malaysian International Shipping Company, National Gas Shipping Company, Qatar Gas Transport Company, Excelerate Energy, Hoegh LNG, Exmar, Teekay LNG and MISC Berhad.
Advisors' Opinion: - [By Robert Rapier]
Q: Golar (GMLP) has been doing well lately after an up/down and eventually flat year in 2013. �While sometimes diverging TGP performed about the same. Thoughts on any catalyst this year that might help GMLP start to trend up consistently?
- [By Seth Jayson]
Golar LNG Partners Limited Partnership (Nasdaq: GMLP ) reported earnings on May 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Golar LNG Partners Limited Partnership met expectations on revenues and crushed expectations on earnings per share.
- [By Taylor Muckerman]
One segment of energy transportation on the high seas that has shown investors that tankers can still deliver on Wall Street has been liquefied natural gas, LNG, tankers. Teekay LNG Partners (NYSE: TGP ) and Golar LNG Partners (NASDAQ: GMLP ) have both churned out returns north of 15% in the past year along with paying investors more than 6% in distributions just for owning shares. As LNG exporting becomes a bigger part of global energy trade both of these companies stand to benefit. While there has only been approval for two LNG exporting facilities in the U.S., there are many others with applications submitted. Combined with countless other plans around the world, the prospects look rather bright.
Best Cheapest Stocks For 2015: Konared Corp (KRED)
KonaRed Corporation., formerly TeamUpSport Inc., incorporated on October 4, 2010, is a development-stage company. The Company is focused to develop and commercialize on its Website www.teamupsport.com. As of May 31, 2011, the Company had not generated revenue. On October 4, 2013, the Company acquired Sandwich Isles Trading Co. Inc. dba KonaRed.
The Company's Website will be designed to integrate into a single online offering people�� interest in sports with the capabilities of online social networking. The Website will become a sports focused social networking Website.
Advisors' Opinion: - [By James E. Brumley]
Consider this an official warning for PepsiCo, Inc. (NYSE:PEP). And, The Coca-Cola Company (NYSE:KO) is being put on notice too. There's a newcomer in the world of functional beverages, and it's poised to be a disruptor for some of the beverage industry's presumably-prolific brands. This newcomer? KonaRed Corp. (OTCBB:KRED). It's not just a new name either. It's bringing a whole new flavor to the healthy drinks market that's not only creative, but delicious.
Best Cheapest Stocks For 2015: Cardiovascular Systems Inc.(CSII)
Cardiovascular Systems, Inc., a medical device company, focuses on developing and commercializing minimally invasive treatment solutions for vascular disease. Its primary products include catheter-based platforms, such as the Diamondback 360�PAD System, the Diamondback Predator 360�PAD System, and Stealth 360�PAD System that are used for the treatment of a range of plaque types in leg arteries above and below the knee. The PAD Systems consists of a single-use catheter that travels over its proprietary ViperWire guidewire and are used in conjunction with a reusable external control unit or a saline infusion pump. It markets and sells its products through direct sales force to hospitals and office based laboratories in the United States. The company was founded in 1989 and is headquartered in St. Paul, Minnesota.
Advisors' Opinion: - [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, medical device company Cardiovascular Systems (NASDAQ: CSII ) has received a distressing two-star ranking.
Best Cheapest Stocks For 2015: Hudson City Bancorp Inc.(HCBK)
Hudson City Bancorp, Inc. operates as the bank holding company for Hudson City Savings Bank that provides a range of retail banking services. It offers a range of deposit accounts, including passbook and statement savings accounts, interest-bearing transaction accounts, checking accounts, money market accounts, and time deposits, as well as IRA accounts and qualified retirement plans. The company?s loan portfolio primarily comprises one-to four-family first mortgage loans for residential properties; multi-family and commercial mortgage loans; construction loans; and consumer loans, such as fixed-rate second mortgage loans and home equity credit line loans, as well as collateralized passbook loans, overdraft protection loans, automobile loans, and secured and unsecured commercial lines of credit. As of December 31, 2009, it operated 95 branches located in 17 counties throughout the State of New Jersey; 10 branch offices in Westchester County, 9 branch offices in Suffolk Cou nty, 1 branch office each in Putnam and Rockland Counties, and 6 branch offices in Richmond County; and 9 branch offices in Fairfield County, Connecticut. The company was founded in 1868 and is based in Paramus, New Jersey.
Advisors' Opinion: - [By Eric Volkman]
M&T Bank (NYSE: MTB ) will take a little longer to absorb fellow lender Hudson City Bancorp (NASDAQ: HCBK ) . The companies said in a joint press release that they believe more time will be needed to address regulatory issues in order to effect the planned acquisition, first announced in Aug. 2012.
- [By Lauren Pollock]
M&T Bank Corp.(MTB) and Hudson City Bancorp Inc.(HCBK) said they expect additional delays in completing their merger deal, and any action isn’t expected to occur until the latter half of 2014. “While all parties are disappointed that the transaction is delayed further, we are gratified that M&T continues to see the value in the Hudson City franchise,” said Hudson City CEO Ronald E. Hermance Jr.
- [By Dan Caplinger]
Beyond the Dow, Hudson City Bancorp (NASDAQ: HCBK ) has dropped more than 5% after the bank and its proposed acquirer, M&T Bank (NYSE: MTB ) , said there would be a delay in completing their merger. M&T, which has slipped almost 4%, cited regulatory concerns from the Federal Reserve over its bank secrecy and anti-money-laundering programs. Despite the two banks' plan to extend their agreement until the end of January 2014, they aren't sure the merger will be complete even by then. Shareholders will still vote on the deal later this month, but the delay has to be disconcerting for investors on both sides.
- [By Geoff Gannon]
For example, a bank might explain why they choose to focus on a certain area ��as Hudson City (HCBK) does here:
��hrough our branch offices, we have operations in 10 of the top 50 counties in the United States ranked by median household income. Operating in high median household income counties fits well with our jumbo mortgage loan and consumer deposit business model��he northern New Jersey market represents the greatest concentration of population, deposits and income in New Jersey. The combination of these counties represents more than half of the entire New Jersey population and more than half of New Jersey households. The northern New Jersey market also represents the greatest concentration of Hudson City Savings retail operations ��both lending and deposit gathering ��and based on its high level of economic activity, we believe that the northern New Jersey market provides significant opportunities for future growth.��/p>
Best Cheapest Stocks For 2015: AEP Industries Inc.(AEPI)
AEP Industries Inc. engages in the production, manufacture, and distribution of plastic packaging products in the United States and Canada. The company offers a line of polyethylene, polyvinyl chloride, and polypropylene flexible packaging products for consumer, industrial, and agricultural applications. Its products include custom films for industrial applications, including sheeting, tubing, and bags; films that protect items stored outdoors or in transit, such as boats and cars; a range of shrink films, barrier films, and overwrap films; stretch film products for hand wrap and rotary applications; and pre stretch and high performance products for commodity and specialty uses. The company also provides food wraps products, including blown plastic film fold-top bags, twist-tie bags, and food containers under the Seal Wrap brand for the supermarket and industrial markets; a range of coextruded polyolefin films and monolayer films for food, pharmaceutical, and medical appli cations; and canliners product line comprising trash bags and institutional bags. In addition, it offers printed rollstock to the food and beverage industries, and manufacturing and distributing companies; and unplasticized polyvinyl chloride films for use in battery labels, twist films, and credit card laminates; and various film products with agricultural applications, such as silage, smooth mulch films, and fumigation films. Further, the company provides disposable consumer and institutional plastic products, which include table covers and skirts, aisle runners, aprons, bibs, gloves, boots, freezer/storage bags, saddle pack bags, locker wrap and custom imprint designs for the food service, party supply, and school/collegiate markets under the Sta-Dri brand. AEP Industries Inc. markets its products directly to end-users, as well as through distributors. The company was founded in 1970 and is based in South Hackensack, New Jersey.
Advisors' Opinion: Best Cheapest Stocks For 2015: Silver Bay Realty Trust Corp (SBY)
Silver Bay Realty Trust Corp., incorporated on June 29, 2012, is focused on the acquisition, renovation, leasing and management of single-family properties. The Company generates all of its revenue by leasing its portfolio of single-family properties.
As of September 30, 2012, the initial portfolio consisted of more than 2,540 single-family properties. As of September 30, 2012, Two Harbors owned a portfolio of approximately 1,660 single-family properties through its wholly owned subsidiary, Two Harbors Property Investment LLC. The Company is managed by PRCM Real Estate Advisers LLC.
Advisors' Opinion: - [By Amanda Alix]
This spring, however, signs of a slowdown began to appear. The number of distressed properties began to diminish, prices began ticking upward, and interest rates started a slow rise. However, two snippets of good news may help float the boats of private equity firm Blackstone Group (NYSE: BX ) , and single-family REITs Silver Bay (NYSE: SBY ) and American Residential Properties (NYSE: ARPI ) : easier credit, and higher foreclosure rates.
- [By Selena Maranjian]
The biggest new holdings are Comcast�and Prudential Financial. Other new holdings of interest include Silver Bay Realty Trust (NYSE: SBY ) , a hybrid mortgage REIT (real estate investment trust). Spun off by Two Harbors Investment, Silver Bay will focus on single-family homes, profiting from foreclosures. The company is worth watching, especially with a housing recovery under way, even though some question the recovery. In its last quarter, Silver Bay acquired 1,200 single-family properties, bringing its portfolio to 4,600. Its overall occupancy rate is 53%, but 92% among its stabilized properties.
- [By Amanda Alix]
2013 is starting off sweet for the hybrid REIT
Despite missing earnings per share estimates by $0.03, Two Harbors managed to keep its net interest spread at 2.9%, with no decrease from the previous quarter. The trust took a hit on book value of $0.35 -- not too disappointing considering the special Silver Bay Realty (NYSE: SBY ) dividend of $1.01 Two Harbors passed around with its own $0.32 payout, about six weeks ago.
Best Cheapest Stocks For 2015: TICC Capital Corp.(TICC)
TICC Capital Corp., a business development company, operates as a closed-end, non-diversified management investment company. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, and common stock. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. The company was formerly known as Technology Investment Capital Corp. and changed its name to TICC Capital Corp. in December 2007. TICC Capital Corp. was founded in 2003 and is headquartered in Greenwich, Connecticut.
Advisors' Opinion: - [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, closed-end asset manager TICC Capital Corp. (NASDAQ: TICC ) has earned a respected four-star ranking.
- [By Monica Gerson]
TICC Capital (NASDAQ: TICC) is estimated to report its Q4 earnings at $0.28 per share on revenue of $28.43 million.
Fuel-Tech (NASDAQ: FTEK) is expected to post its Q4 earnings at $0.06 per share on revenue of $29.00 million.
Best Cheapest Stocks For 2015: Delcath Systems Inc.(DCTH)
Delcath Systems, Inc., a development stage company, operates as a specialty pharmaceutical and medical device company. It focuses on cancers in the liver. The company involves in the development and clinical study of the Delcath chemosaturation system. Its clinical trial include a Phase III multi-center study for patients with unresectable metastatic ocular or cutaneous melanoma exclusively or predominantly in the liver; and a multi-arm Phase II clinical trial of the Delcath chemosaturation system with melphalan in patients with primary and metastatic liver cancer, which comprise neuroendocrine tumors, hepatocellular carcinoma, ocular or cutaneous melanoma, and metastatic adenocarcinoma. Delcath Systems, Inc. was founded in 1988 and is based in New York, New York.
Advisors' Opinion: - [By John Udovich]
Biotech in general has been one of the market�� hottest sectors this year thanks to plenty of mostly good news�along with�new IPOs while small cap biotech stocks Delcath Systems (NASDAQ: DCTH), ZIOPHARM Oncology Inc (NASDAQ: ZIOP), Recro Pharma (NASDAQ: REPH), TetraLogic Pharmaceuticals (NASDAQ: TLOG)�and TNI BioTech (OTCMKTS: TNIB) have also produced their share of news�this week or in recent weeks. Just consider the following:
Best Cheapest Stocks For 2015: Becton Dickinson and Company(BDX)
Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical devices, instrument systems, and reagents worldwide. The company?s BD Medical segment produces medical devices that are used in various healthcare settings. This segment?s products include needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; syringes, pen needles, and other drugs to treat diabetes; prefillable drug delivery systems; anesthesia needles and trays; sharps disposal containers; and closed-system transfer devices. Its BD Diagnostics segment provides products for the safe collection and transport of diagnostics specimens, as well as instrument systems and reagents to detect various infectious diseases, healthcare-associated infections, and cancers. This segment?s products consist of integrated systems for specimen collection; safety-engineered blood collection products and systems; automated blood culturing systems; molecular testing systems; microorganism identification and drug susceptibility systems; liquid-based cytology systems for cervical cancer screening; rapid diagnostic assays; and plated media. The company?s BD Biosciences segment produces research and clinical tools that facilitate the study of cells and their components. This segment?s products comprise fluorescence-activated cell sorters and analyzers; monoclonal antibodies and kits for performing cell analysis; reagent systems for life science research; cell imaging systems; laboratory products for tissue culture and fluid handling; diagnostic assays; and cell culture media supplements for biopharmaceutical manufacturing. It markets its products through independent distribution channels and independent sales representatives to healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry, and the general public. The company was founded in 1897 and is headquartered in Franklin Lakes, New Jersey.
Advisors' Opinion: - [By Rich Duprey]
Medical device maker�Becton, Dickinson� (NYSE: BDX ) gave investors a shot in the arm today reporting strong financial results for its second fiscal quarter and raising its guidance for the full year.
- [By Russ Krull]
Becton Dickinson's (NYSE: BDX ) second-quarter earnings report is a good reason to give the company a onceover with a SWOT -- Strengths, Weaknesses, Opportunities, and Threats -- analysis. Becton met analysts' expectations for revenue and earnings beat estimates.�The market liked the report, injecting more than $2.50 to the share price and send sending it to a new high.
- [By Ben Levisohn]
Becton Dickinson (BDX) has gained 1.2% to $101.97 this morning after�Piper Jaffray�raised the stock to Overweight from Neutral. Analysts�William Quirk and�David Clair�explain why they’re optimistic about the medical technology company:
Associated Press Observations from multiple diagnostic conferences all suggest significant interest in�microbiology investment. This interest spans track systems (Kiestra), new identification�technologies (Maldi/BioTyper) and Molecular (gram +/- assays). When considering�AST (antimicrobial susceptibility testing) recall from Siemens, we believe BD’s�microbiology business is poised to accelerate its performance over the next several years.�Combined with a delayed JNJ/Ypsomed pen needle launch and incremental European�safety adoption, we believe numbers for BD will continue to climb…
They also raised their price target to $117 from $91.
While Becton has gained today,�Johnson & Johnson�(JNJ) has dropped 0.6% to $88.50,�Medtronic�(MDT) has fallen 1%to $53.43,�Boston Scientific�(BSX) has declined 0.9% to $11.79 and Edwards Lifesciences (EW) is off 1.2% at $70.90.
- [By Eric Volkman]
Becton, Dickinson & Co.� (NYSE: BDX ) shareholders will receive their next dividend at the end of September. The company has declared its latest common stock payout, which is to be $0.495 per share paid on September 30 to shareholders of record as of September 9. That amount matches each of the firm's previous three distributions, the most recent of which was paid at the end of last month. Prior to that, Becton Dickinson handed out $0.45 per share.