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Tuesday, January 07, 2014

Top Anti-Crime Stocks

According to a report by the FBI, in 2012,  the number of violent crimes increased 0.7 percent, however, property crimes decreased 0.9 percent. Citizens are becoming more concerned about crime. Part of this may be due to an aging population. As the baby boomers age, the concern about the prevention of crime increases. Just notice the ads on television for burglar alarm systems.

The anti-crime corporate sector covers several industries, including private prisons, personal self defense products, firearms and ammunition for law enforcement, and anti-crime software. WallStreetNewsNetwork.com has turned up a list of a dozen anti-crime, law enforcement, and private prison related stocks, half of which pay dividends.

One example is Corrections Corp. of America (CXW),which owns and operates privatized correctional and detention facilities throughout the United States. The stock trades at 12 times trailing earnings and 17 times forward earnings. Earnings for the latest reported quarter were up a substantial 22.4% on a slight drop in revenues of 3.3%. The next earnings report will be in early February. The company pays a very generous yield of 6.0%.

In the personal defense arena, Taser Internations (TASR) makes the famous TASER gun, which is referred to as a conducted electrical weapon. The stock sports a fairly high price to earnings ratio of 49, with a forward PE of 46. Earnings for the latest reported quarter were up an incredible 39.1% on a 22.3% boost in revenues. The company is expected to report earnings again in late February. No dividend on this stock; it reinvests its earnings.

Verint Systems (VRNT) is a Melville, New York based provider of intelligence systems for law enforcement agencies. The company is involved in the detection of criminal, terrorist, and cyber attacks. The stock trades at 44 times trailing earnings, but a favorable 16 times forward earnings. Earnings for the latest quarter were up an amazing 311% of an 11.3% rise in revenues. The company reports in March.

To see a list of all the anti-crime stocks, along with data relating to PE, forward PE, PEG, yield, and type of business, go to  WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

 By Stockerblog.com

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