As long as I can remember, the financial media has talked about ��efensive��stocks — companies that do well in any economic climate. They often represent consumer staples, the things that people really have to buy all the time because they are intrinsic to everyday life.
5 Best Mid Cap Stocks For 2015: Rex Trueform Clothing Company Ltd (RTO)
Rex Trueform Clothing Company Limited is a South Africa-based company engaged in the manufacturing and marketing of clothing. The Company operates under two segments: Retail segment, the Company, through its ownership of Queenspark Limited, which operates a nationwide chain of Queenspark and J CREW stores, has a interest in the retailing of men�� and women�� clothing and related accessories. Through Property segment, Rex Trueform and its subsidiary have a direct investment in a portfolio of properties located in and around Cape Town. These properties are held either for the purpose of operations or for investment purposes. As of June 30, 2012, the Company operated 55 stores. In September 2012, the Company launched its newest brand Cath.Nic, a new fashion label exclusive to Queenspark. During the fiscal year ended June 30, 2012, the Company opened three new stores. Advisors' Opinion:- [By Corinne Gretler]
Rentokil Initial Plc (RTO) climbed 3.1 percent to 106 pence as Bank of America Corp. upgraded the U.K. pest-control and hygiene-services company to buy from neutral. The brokerage predicted that cash flow will improve in 2014 and 2015.
- [By Sofia Horta e Costa]
Rentokil Initial Plc (RTO) rose the most in almost eight weeks after a report that private-equity investor Clayton Dubilier & Rice LLC is considering combining the company�� office-maintenance unit with that of Balfour Beatty Plc. Cobham Plc dropped 4.6 percent as a shareholder sold a 3.6 percent stake in the maker of defense and aerospace equipment.
Top Defensive Companies To Own For 2014: Hi Crush Partners LP (HCLP)
Hi Crush Partners LP, formerly Hi-Crush Partners LP, is a domestic producer of monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. The Company reserves consist of Northern White sand, a resource existing in Wisconsin and limited portions of the upper Midwest region of the United States. It owns, operates and develops sand reserves and related excavation and processing facilities and will seek to acquire or develop additional facilities. The Company's 561-acre facility with integrated rail infrastructure, located near Wyeville, Wisconsin, enables it to process and deliver approximately 1,600,000 tons of frac sand per year. In June 2013, Hi Crush Partners LP announced the completion of its acquisition of D&I Silica, LLC (D&I).
The Company�� frac sand production is sold to investment grade-rated pressure pumping service providers under long-term, contracts that require its customers to pay a specified price for a specified volume of frac sand each month. The Company owns and operates the Wyeville facility, which is located in Monroe County, Wisconsin and, as of December 31, 2011, contained 48.4 million tons of proven recoverable sand reserves of mesh sizes it has contracted to sell. From the Wyeville in-service date to March 31, 2012, it had processed and sold 555,250 tons of frac sand.
Advisors' Opinion:- [By Rick Munarriz]
Tuesday
Hi-Crush Partners (NYSE: HCLP ) checks in on Tuesday. This is another high-yielding limited partnership that went public last year. Hi-Crush is a producer of monocrystalline sand that's primarily used in the fracking process. - [By Robert Rapier]
The fracking revolution has created enormous opportunities for Master Limited Partnerships (MLPs) across the oil and gas industry. Upstream MLPs like�BreitBurn Energy Partners�(NASDAQ: BBEP) and�Legacy Reserves�(NASDAQ: LGCY) produced the oil and gas. There was a huge new requirement for sand in the fracking operations, and this encouraged new MLPs like�Emerge Energy Services�(NYSE: EMES) and�Hi-Crush Partners�(NYSE:HCLP) — both of which have more than doubled in price over the past 12 months. Fracking also requires large volumes of water, which�Cypress Energy Partners�(NYSE: CELP) provides.
Top Defensive Companies To Own For 2014: Rowan Companies Inc.(RDC)
Rowan Companies, Inc. provides onshore and offshore oil and gas contract drilling services in the United States and internationally. The company offers its contract drilling services through its fleet of 28 self-elevating mobile offshore drilling platforms and 30 deep-well land drilling rigs. The company was founded in 1923 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Ben Levisohn]
Offshore drillers like Ensco (ESV), Seadrill (SDRL) and Rowan (RDC) are sinking today, but shares of Transocean (RIG) have managed to stay afloat.
AFPTransocean has gained 0.9% to $41.85 at 1:22 p.m. today, even as Ensco has fallen 1.3% to $50.89, Seadrill has plunged 3.1% to $34.87 and Rowan has dipped 0.8% to $30.89.
- [By Dimitra DeFotis]
Among energy stocks rising today: Producers of gas and gas liquids were higherm, including Devon (DVN) and�Consol Energy (CNX) rose about 2% each, while drillers�Nabors Industries (NBR) and�Rowan Companies (RDC) jumped more than 3% apiece. Oilfield services names Halliburton (HAL) and Baker Hughes (BHI) each rose nearly 2%.
Top Defensive Companies To Own For 2014: PACCAR Inc.(PCAR)
PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts worldwide. The company offers its trucks for use in the over-the-road and off-highway hauling of freight, petroleum, wood products, construction, and other materials to independent dealers under the Kenworth, Peterbilt, and DAF nameplates. It also provides finance and leasing products and services, such as inventory financing for independent dealers; and retail loan and lease financing for new and used trucks, as well as other transportation equipment; and full service leasing under the PacLease trade name. In addition, it manufactures and sells industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
Advisors' Opinion:- [By Rich Smith]
Good news arrived by highway for investors in truckmakers Paccar (NASDAQ: PCAR ) and Navistar (NYSE: NAV ) Wednesday.
Con-Way (NYSE: CNW ) announced that after polling its drivers for feedback on various truck manufacturers and models, it has decided to refresh its truck fleet with 525 new tractors -- 325 Kenworth T680s from Paccar, and another 200 Navistar ProStars.
Top Defensive Companies To Own For 2014: Genco Shipping & Trading Limited (GNK)
Genco Shipping & Trading Limited engages in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels worldwide. It transports iron ore, coal, grain, steel products, and other drybulk cargoes. The company charters its vessels primarily to trading houses, which include commodities traders; producers; and government-owned entities. Its fleet consists of 53 drybulk carriers, including 9 Capesize, 8 Panamax, 17 Supramax, 6 Handymax, and 13 Handysize drybulk carriers with an aggregate carrying capacity of approximately 3,810,000 dwt. The company, through its subsidiary, Baltic Trading Limited, operates a fleet of two Capesize, four Supramax, and three Handysize drybulk carriers with an aggregate carrying capacity of approximately 672,000 dwt. Genco Shipping & Trading Limited was incorporated in 2004 and is based in New York, New York.
Advisors' Opinion:- [By silvmich]
This is Part Three of a series of articles published on GuruFocus outlining a short thesis against Genco Shipping and Trading (GNK). Part One was published on October 31, 2013 and Part Two was published on November 14, 2013. This Part Three provides certain updates on the situation, including recent news items, as well as a look into a number of counterarguments made against the short position.
- [By FinanceGuru]
The second contrarian indicator is that the short interest in DryShips has increased significantly. They're topped only now by Genco Shipping (GNK), which is currently poised to be heading into bankruptcy.
Top Defensive Companies To Own For 2014: Westfield Financial Inc.(WFD)
Westfield Financial, Inc. operates as a bank holding company for the Westfield Bank that provides various community banking products and services to businesses and individuals in Massachusetts. The company offers various deposit products, including regular savings deposits comprising passbook and statement savings accounts; NOW accounts; noninterest-bearing demand accounts; money market accounts; certificates of deposit; and time deposits. Its loan portfolio primarily consists of commercial and industrial loans, such as business installment loans, vehicle and equipment financing, lines of credit, and other commercial loans; commercial real estate loans to finance the purchase of real property, and construction loans to developers of commercial and residential properties; residential real estate loans; home equity loans; and consumer loans that consist of automobile loans, secured passbook loans, credit lines tied to deposit accounts to provide overdraft protection, and uns ecured personal loans. The company also offers commercial products and services, which include commercial deposit accounts, cash management services, Internet banking, sweep accounts, ATM network, remote deposit, and night deposit services. It operates 11 banking offices in Agawam, East Longmeadow, Holyoke, Southwick, Springfield, West Springfield, and Westfield, Massachusetts; and 12 free-standing ATM locations in Feeding Hills, Holyoke, Springfield, West Springfield, and Westfield, Massachusetts. The company was founded in 1853 and is based in Westfield, Massachusetts.
Advisors' Opinion:- [By Dividends4Life]
Memberships and Peers: PBCT is a member of the S&P 500 and a member of the Broad Dividend Achievers��Index. The company's peer group includes: Bank of America Corporation (BAC) with a 0.3% yield, Brookline Bancorp, Inc. (BRKL) with a 3.7% yield and Westfield Financial Inc. (WFD) with a 3.5% yield.
- [By Tim Melvin]
Westfield Financial (WFD) has 11 branches and about $1.3 billion in total assets in Massachusetts. The company has been consistently buying back its shares and in September authorized another 5% stock buyback plan. In the fourth quarter alone the bank repurchased 603,046 shares of its stock at below book value. In addition to the buyback, the bank pays a generous dividend — 3.22% at the current price.
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