Wednesday, October 08, 2008

Nebraska Stocks

Nebraska prides itself for being one of the states with the lowest cost of living in the country, having some of the cleanest air and water, and being centrally located. An above average health care system is also in place in Nebraska. A hospital stay costs 30 percent less than the average national cost. Some other interesting facts about Nebraska are:

1. Nebraska has no state property tax, however, there are local property taxes.
2. Income tax liability is calculated based on sales only.
3. Nebraska is the only state to offer a 100% public power system.
4. Agriculture and manufacturing are Nebraska’s primary source of revenue.
5. Nebraska’s top agricultural commodities are: cattle and calves, corn, and soybeans.
6. The Ogallala Aquifer, one of the major natural underground water available is under Nebraska’s soil.
7. Nebraska is the only state with a unicameral legislature.
8. Nebraska is geographically located in the center of the United States, half way between Boston and San Francisco.
9. The state of Nebraska offers several incentives for businesses relocating to the state. Including, investment credits, sales tax refunds, and inventory tax exemptions.
10. Nebraska’s largest export is processed food.

The following companies are headquartered in Nebraska. They have a market cap of over $600 million.

Berkshire Hathaway Inc. (BRK-A) is in the business of insurance and reinsurance of property. The stock has a market cap of $213.61 billion, and a PE of 19.

Union Pacific Corp. (UNP) is a rail transportation company. Its services link the west part of the United States with major ports in the east coast, and some Mexican destinations. The stock has a PE of 17, a PEG of 0.74, and it pays a yield of 1.6%.

TD Ameritrade Holding Corp (AMTD) provides brokerage and financial services to customers in the United States. The stock has a PE of 13, and a PEG of 0.63.

ConAgra Foods Inc. (CAG) provides ready to be consumed food. Some of its brands are: Banquet, Blue Bonnet, Healthy Choice, VanCamp, and many others. The stock has a PE of 8, a PEG of 1.16, and it pays a dividend of 3.8%.

Valmont Industries Inc. (VMI) manufactures metal and concrete products, irrigation systems. Some of its products include power poles, which are used for street lighting among other uses. The stock has a PE of 16, a PEG of 0.80, and it pays a yield of 0.7%.

Buckle Inc. (BKE) is a retail company with more than 300 stores throughout the United States. Its products include casual apparel, and footwear. The stock has a PE of 17, a PEG of 1.14, and it pays a yield of 2.3%.

Werner Enterprises Inc. (WERN) provides transportation services in the United States, Canada and Mexico. Its clients include several retail stores. The stock has a PE of 23, a PEG of 2.34, and it pays a yield of 0.9%.

Lindsay Corp. (LNN) produces and markets agricultural irrigation devices, which are capable of automating the process while saving energy, water, and manpower. The stock has a PE of 24, a PEG of 1.12, and it pays a dividend of 0.4%.

Cabela’s inc. (CAB) is a retailer of outdoor sports merchandise. It operates primarily in the United States, and its business is focused on the sale of hunting, camping and fishing gear. The stock has a PE of 8, and a PEG of 0.57.

Nelnet Inc. (NNI) is a company focused on the financing high education in the United States. It assists families and students with planning and financing, before, during, and after college. The stock has a PEG of 1.35, and it pays a yield of 1.9%.

Don't forget to check out stocks from some of the other Midwestern states, such as Missouri stocks, Minnesota stocks, Kansas stocks, and Iowa stocks.

Author does not own any of the above.


1 comment:

Tom said...

Nebraska actually has pretty high property taxes. not sure where you get your facts, but you should check them better.