Back on Sunday, January 4 of this year, you would have read the Stockerblog.com article exclusively about Ambarella (AMBA). The next day, the stock had closed at 50.67 per share. Last Friday, the stock ended the week at 70.35 a share, a greater than 38% increase, versus the S&P 500, which is basically where it was at the beginning of the year. The Dow Jones Industrial Average is down over half a percent from the beginning of the year, and the NASDAQ is down over 3%.
Ambarella is the company that makes camera chips with GoPro (GPRO) as one of its biggest customers. The Ambarella article covered all the positive aspects of the stock, including the diverse market for the company's chips, strong revenues and earnings, being debt free with lots of cash, and reasonable financial ratios.
The article ended with the statement, "These catalysts all come together to make this stock an investment that should move much higher." Hopefully, you acted on this article and made 38% for yourself. Although AMBA is still a strong company, it wouldn't hurt to take half your profits with the stock market acting a bit shaky lately.
If you missed the original article, you should check it out at Ambarella: a Play on GoPro is Worth a Close Look. I hope to have another big mover to write about shortly.
________ Information on stocks, bonds, real estate, investments, gold, startups, & money ________
Saturday, March 28, 2015
Investing Books New Releases
Looking for some Spring reading? How about the latest releases of investing and business books. Here are some books that have recently been published that you should check out. All have release dates during the month of March.
The Choose Yourself Guide To Wealth by James Altucher
(I've read this book and I highly recommend it.)
The One-Page Financial Plan: A Simple Way to Be Smart About Your Money by Carl Richards
Global Asset Allocation: A Survey of the World's Top Asset Allocation Strategies by Meb Faber
Invest In Real Estate Without Banks: No Tenants, No Rehabs, No Credit by Marko Rubel
Property Samba: Get Your Own Real Estate Without Any Money Or Loans by Luke Gross
The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute by Zac Bissonnette
Stocks: Stock Trading: The Definitive Beginner's Guide by Adam Richards
Happy Reading!!!
The Choose Yourself Guide To Wealth by James Altucher
(I've read this book and I highly recommend it.)
The One-Page Financial Plan: A Simple Way to Be Smart About Your Money by Carl Richards
Global Asset Allocation: A Survey of the World's Top Asset Allocation Strategies by Meb Faber
Invest In Real Estate Without Banks: No Tenants, No Rehabs, No Credit by Marko Rubel
Property Samba: Get Your Own Real Estate Without Any Money Or Loans by Luke Gross
The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute by Zac Bissonnette
Stocks: Stock Trading: The Definitive Beginner's Guide by Adam Richards
Happy Reading!!!
Labels:
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James Altucher,
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real estate investing,
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3 Stocks Under $10 That Could Spike
Many stock traders, and investors also, prefer low priced stocks. Although the price of a stock really shouldn't make much difference, from a psychological standpoint, the stocks selling for under $10 a share seem like a better buy, and it also seems like potential for greater potential gains may be greater than higher priced stocks.
If you check out some of the stocks under $10 with gains recently, you would see that Great Basin Scientific, Inc. (GBSN), which closed at 2.73 on Friday, jumped by over 40% in one day! China Information Technology, Inc. (CNIT), which closed at 4.62, rose by 22%, and Euro Tech Holdings Company Limited (CLWT), which ended the day at 3.52, went up by 30% in one day.
Obviously, you can't catch every one day spikes like these, but if you choose stocks with strong earning per share growth potential over the next five years and high sales growth, you should be able to catch one of these big movers at some point.
One stock that fits these credentials is Good Times Restaurants Inc. (GTIM), the Golden, Colorado based operator and franchiser of hamburger style drive-through restaurants. The stock closed at 7.43 a share last week. Revenues for the latest quarter soared 32.9% year-over-year. The company has only $712,000 in debt, with $11.5 million in cash, having $1.22 in cash per share.
Ariad Pharmaceuticals Inc. (ARIA) is a $1.5 billion market cap company trading for less than 8.40 per share. This Cambridge, Massachusetts company specializes in cancer treatments. Year-over-year revenues went up by 700%. Even on a quarter-by-quarter basis, revenues increased by 355% over the previous quarter, and the company's net loss dropped dramatically.
Here is one more. Health Insurance Innovations, Inc. (HIIQ) is a $66 million market cap company in the business of cloud based individual health insurance plans, and is based in Tampa, Florida. The stock closed at 8.51 per share. Quarterly revenue growth year-over-year was 67.7%. On a quarter by quarter basis, revenues have been growing steadily over the last year with an increase of 13.5% for the latest quarter. Also for the latest quarter, earnings went from a loss of $674 thousand to net income of $74 thousand. What I like about this company is that it is debt free, with $14.72 million in cash, or a $1.89 in cash per share.
Hopefully one of these low priced stocks will turn into a high priced stock for your portfolio. For other interesting stock lists like this, go to the free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
If you check out some of the stocks under $10 with gains recently, you would see that Great Basin Scientific, Inc. (GBSN), which closed at 2.73 on Friday, jumped by over 40% in one day! China Information Technology, Inc. (CNIT), which closed at 4.62, rose by 22%, and Euro Tech Holdings Company Limited (CLWT), which ended the day at 3.52, went up by 30% in one day.
Obviously, you can't catch every one day spikes like these, but if you choose stocks with strong earning per share growth potential over the next five years and high sales growth, you should be able to catch one of these big movers at some point.
One stock that fits these credentials is Good Times Restaurants Inc. (GTIM), the Golden, Colorado based operator and franchiser of hamburger style drive-through restaurants. The stock closed at 7.43 a share last week. Revenues for the latest quarter soared 32.9% year-over-year. The company has only $712,000 in debt, with $11.5 million in cash, having $1.22 in cash per share.
Ariad Pharmaceuticals Inc. (ARIA) is a $1.5 billion market cap company trading for less than 8.40 per share. This Cambridge, Massachusetts company specializes in cancer treatments. Year-over-year revenues went up by 700%. Even on a quarter-by-quarter basis, revenues increased by 355% over the previous quarter, and the company's net loss dropped dramatically.
Here is one more. Health Insurance Innovations, Inc. (HIIQ) is a $66 million market cap company in the business of cloud based individual health insurance plans, and is based in Tampa, Florida. The stock closed at 8.51 per share. Quarterly revenue growth year-over-year was 67.7%. On a quarter by quarter basis, revenues have been growing steadily over the last year with an increase of 13.5% for the latest quarter. Also for the latest quarter, earnings went from a loss of $674 thousand to net income of $74 thousand. What I like about this company is that it is debt free, with $14.72 million in cash, or a $1.89 in cash per share.
Hopefully one of these low priced stocks will turn into a high priced stock for your portfolio. For other interesting stock lists like this, go to the free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Friday, March 27, 2015
3 Stocks with Lots of Insider Buying
One way to look for potential stocks to buy is to see who else is buying. And not just looking at any buyers of the stock, but the insiders. An insider is generally a top executive, a director, or an owner of 10% or more of the shares. If an insider sells a stock, it could be for one of many reasons: raising money to buy a house, estate planning purposes, paying for their kids college education, diversification, are just a few of the possibilities.
Yet if an insider buys stock, it is only for one reason. It means that he or she believes the stock will go up in value. And an insider probably has a better idea about the stocks potential than the average investor.
So who's been buying what? Alico Inc. (ALCO), a company in the agribusiness and land management business, has had eight buy transactions during the last couple weeks. Two directors have purchased over $4 million of the stock. Alice trades at 26 times trailing earnings and pays a small dividend of 0.5%. Revenues for the latest reported quarter were up 7.8%.
Interestingly, three insiders bought shares of Vanguard Natural Resources (VNR), which owns oil and natural gas properties. The stock has a price to earnings ratio of 26, and pays a beefy yield of 10.1%. The three insiders, including the CEO and two executive VPs, bought over $960,000 of the stock as reported this week.
One of the directors of Vince Holding (VNCE), a contemporary fashion brands company, bought over $3 million of the company's stock, with three different purchases recently. The stock trades at 18 times trailing earnings and 14 times forward earnings.
Maybe you can be an insider by following the real insiders. If you like interesting stock lists like this, check out the many free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Yet if an insider buys stock, it is only for one reason. It means that he or she believes the stock will go up in value. And an insider probably has a better idea about the stocks potential than the average investor.
So who's been buying what? Alico Inc. (ALCO), a company in the agribusiness and land management business, has had eight buy transactions during the last couple weeks. Two directors have purchased over $4 million of the stock. Alice trades at 26 times trailing earnings and pays a small dividend of 0.5%. Revenues for the latest reported quarter were up 7.8%.
Interestingly, three insiders bought shares of Vanguard Natural Resources (VNR), which owns oil and natural gas properties. The stock has a price to earnings ratio of 26, and pays a beefy yield of 10.1%. The three insiders, including the CEO and two executive VPs, bought over $960,000 of the stock as reported this week.
One of the directors of Vince Holding (VNCE), a contemporary fashion brands company, bought over $3 million of the company's stock, with three different purchases recently. The stock trades at 18 times trailing earnings and 14 times forward earnings.
Maybe you can be an insider by following the real insiders. If you like interesting stock lists like this, check out the many free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Thursday, March 26, 2015
Stocks Going Ex Dividend the First Week of April
Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.
JP Morgan Chase | JPM | 4/1/2015 | 2.7% |
Kohlberg Capital | KCAP | 4/1/2015 | 12.3% |
Kimco Realty Corp REIT | KIM | 4/1/2015 | 3.6% |
Steelcase Inc. | SCS | 4/1/2015 | 2.4% |
Shoe Carnival, Inc. | SCVL | 4/1/2015 | 0.8% |
Saga Communications, Inc. | SGA | 4/1/2015 | 1.9% |
Silicom Ltd. | SILC | 4/1/2015 | 2.5% |
Thor Industries | THO | 4/1/2015 | 1.7% |
Bank of Nova Scotia | BNS | 4/2/2015 | 5.4% |
Erie Indemnity | ERIE | 4/2/2015 | 3.2% |
Glacier Bancorp | GBCI | 4/2/2015 | 2.9% |
Gentex Corp | GNTX | 4/2/2015 | 1.8% |
Gazit-Globe Ltd. | GZT | 4/2/2015 | 14.0% |
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
Tuesday, March 24, 2015
The Best Way to Invest in Samsung
One company that investors would like to invest in, but is very difficult to do, is Samsung, considered to be the largest technology company in the world. Its products are used by Apple (AAPL), Nokia (NOK), and Sony (SNE). The stock trades at 11.8 times trailing earnings.
If your broker has access to a German exchange, you can buy Samsung Electronics (SSU.DE) or through the London Exchange, you can also buy Samsung (BC94.L).
However, most Americans don't have this access. So another option is buying the Samsung (SSLNF) over-the-counter on the Pink Sheets. The problem with this is that it is very illiquid, with only about 500 shares traded per day on average.
However, there is one other way to get in on the Samsung stock. You can buy shares of the Korea Fund (KF), which owns a huge amount of Samsung, making up almost 20% of the portfolio. This closed end fund also owns several other Korean companies, such as Hyundai (HYMTF). So you also get some diversification, plus some liquidity.
You get one other bonus. The Korea Funds trades at a 10.5% discount to net asset value. The fund uses no leverage and has a price to earnings ratio of 4.5.
If you like interesting stocks list this, check out the free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author owns AAPL.
By Stockerblog.com
If your broker has access to a German exchange, you can buy Samsung Electronics (SSU.DE) or through the London Exchange, you can also buy Samsung (BC94.L).
However, most Americans don't have this access. So another option is buying the Samsung (SSLNF) over-the-counter on the Pink Sheets. The problem with this is that it is very illiquid, with only about 500 shares traded per day on average.
However, there is one other way to get in on the Samsung stock. You can buy shares of the Korea Fund (KF), which owns a huge amount of Samsung, making up almost 20% of the portfolio. This closed end fund also owns several other Korean companies, such as Hyundai (HYMTF). So you also get some diversification, plus some liquidity.
You get one other bonus. The Korea Funds trades at a 10.5% discount to net asset value. The fund uses no leverage and has a price to earnings ratio of 4.5.
If you like interesting stocks list this, check out the free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author owns AAPL.
By Stockerblog.com
Stocks Going Ex Dividend the Fifth Week of March
Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.
Maiden Holdings Ltd. | MHLD | 3/30/2015 | 3.6% |
Republic Services | RSG | 3/30/2015 | 2.6% |
Corrections Corp of Amercia | CXW | 3/31/2015 | 5.3% |
DCT Inndustrial Trust REIT | DCT | 3/31/2015 | 3.1% |
Fifth Street Senior Floating Rate | FSFR | 3/31/2015 | 10.9% |
Sysco Corp | SYY | 3/31/2015 | 3.0% |
Domtar Corp | UFS | 3/31/2015 | 3.7% |
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
Sunday, March 22, 2015
Top Rare Earth Stocks
"The Prius has 25 pounds of rare earths in it." ~ 60 Minutes
If you watched 60 Minutes tonight, you would have learned that rare earth elements are used in iPhones, magnets, thermostats, televisions, turbines, batteries, luminescent materials, lasers, medical equipment, and numerous other areas. These rare earths, also known as rare earth metals, rare earth minerals or rare earth elements, have caught the attention of investors.
Although they are relatively abundant, these elements are difficult to mine because of their dispersion and and rarely found in a concentrated form. These rare metals group consists of Scandium, Yttrium, Lanthanum, Cerium, Praseodymium, Neodymium, Promethium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Ytterbium, and Lutetium.
Lithium and manganese are sometimes referred to as rare earth metals due to their rarity, but technically, they are not part of the rare earth element family. The simplest way to invest in these elements is b y purchasing stocks involved in the mining of rare earth metals, more than 25 of which have been turned up by WallStreetNewsNetwork.com. Keep in mind that many of these have low market caps and are therefore very speculative.
One example is Rare Element Resources Ltd. (REE) is a Lakewood, Colorado based $27 million market cap company which explores and develops rare earth mineral and gold properties. It owns the Bear Lodge Property in Wyoming, which has one of the largest disseminated rare-earth element deposits in North America, according to the US Geological Survey. Resources at the company's Whitetail Ridge project includes U. S. Department of Energy critical rare earth elements Europium, Terbium, Dysprosium, and Yttrium, along with other elements Gadolinium, Holmium, Erbium, Thulium, Ytterbium, and Lutetium. The company, which trades on the New York Stock Exchange, has no debt and 21 cents in cash per share. For the latest reported quarter, the company had negative earnings of 29 cents per share.
The company that was mentioned on 60 Minutes was Molycorp, Inc. (MCP), based in Greenwood Village, Colorado, mines and distributes rare earth and rare metal materials, including lanthanum, cerium, neodymium, praseodymium, and yttrium, along with heavy rare earth concentrates, including samarium, europium, gadolinium, terbium, dysprosium. Its primary mine is the Molycorp Mountain Pass mine in San Bernardino County, California. The company has $1.57 billion in debt, and over $211 million in cash, with 76 cents in cash per share. The company reported a $2.70 loss per share for the latest quarter.
A diversified way to invest in rare earth stocks is with the Market Vectors Rare Earths/Strategic Metals Exchange Traded Fund (REMX). This ETF has a goal of tracking the performance of the Market Vectors® Global Rare Earth/Strategic Metals Index. It has price to earnings ratio of 14 with a dividend yield of 1.5%.
For a free list of rare earth metals stocks, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com. This site also has a list of lithium stocks, which technically are not rare earth stocks, but are often included in the same investment industry.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Labels:
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REE,
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Saturday, March 21, 2015
How to Get Wells Fargo Bank to Pay You 6% on Your Money
Do you have an account at Wells Fargo Bank, or one of the other major banks? If you have a savings account, you are earning 0.01%. That is not one percent, it's not one tenth of a percent. It is one one hundredth of a percent! And this is being paid on what the bank calls its High Yield Savings account.
Of course, you can boost your yield all the way up to 0.50%; that's a half a percent. But you have to tie up your money for 58 months, which is almost five years.
So what are your other options? You can buy the Wells Fargo (WFC) stock, which pays a yield of 2.5%. But if you want a really high yield, you should consider the Wells Fargo 7.50% Non-Cumulative Perpetual Convertible Series L Preferred Stock (WFC-PL). The stock, which currently sells for $1,207 a share, pays $75 per share per year, giving it a current yield of 6.2%.
This preferred stock also has an upside kicker. It is convertible into 6.38 shares, which means that if the common stock rises above 189 per share, the preferred shares will move up above its current price. Obviously, the common stock is way below that price at 56 per share, but it is a benefit.
One other advantage that the preferred stock has over the common shares is that if the company goes out of business, the preferred shareholders are paid off before the common shareholders.
Here are the risks. First, the preferred stock isn't very liquid, with a trading volume of only five or six thousand shares a day. Second, and much more important, is the interest rate risk. When interest rates go up, the preferred stock will drop. If you are willing to accept the risk, this may be an investment option for you. If you like interesting stocks like this, check out the many free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above when the article was written.
By Stockerblog.com
Of course, you can boost your yield all the way up to 0.50%; that's a half a percent. But you have to tie up your money for 58 months, which is almost five years.
So what are your other options? You can buy the Wells Fargo (WFC) stock, which pays a yield of 2.5%. But if you want a really high yield, you should consider the Wells Fargo 7.50% Non-Cumulative Perpetual Convertible Series L Preferred Stock (WFC-PL). The stock, which currently sells for $1,207 a share, pays $75 per share per year, giving it a current yield of 6.2%.
This preferred stock also has an upside kicker. It is convertible into 6.38 shares, which means that if the common stock rises above 189 per share, the preferred shares will move up above its current price. Obviously, the common stock is way below that price at 56 per share, but it is a benefit.
One other advantage that the preferred stock has over the common shares is that if the company goes out of business, the preferred shareholders are paid off before the common shareholders.
Here are the risks. First, the preferred stock isn't very liquid, with a trading volume of only five or six thousand shares a day. Second, and much more important, is the interest rate risk. When interest rates go up, the preferred stock will drop. If you are willing to accept the risk, this may be an investment option for you. If you like interesting stocks like this, check out the many free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above when the article was written.
By Stockerblog.com
How to Get Tax Free Income in Your Portfolio
It's tax season again. Have you noticed a lot of dividends and interest showing up on your tax return? Wouldn't it be nice if you could convert that taxable income into non-taxable income? The one primary way of getting tax free interest is through municipal bonds.
One option is to owns the bonds directly and the other is by purchasing municipal bond closed end funds, sometimes referred to as tax-free CEFs or tax-free stocks. These closed end funds own muni bonds that pay interest that is exempt from Federal income taxes and may be exempt from state income taxes if issued in the state you live in or issued by one of the US territories, such as Puerto Rico, the Virgin Islands, or Guam. Municipal bonds are usually issued by states, counties, cities, and other governmental entities such as school districts, sewer districts, bridges, and water and power departments. WallStreetNewsNetwork.com has list of over 100 tax-free income CEFs, and more than 80 paying out yields more than than 5%.
There are many advantages besides the non-taxable income of these CEFs. Almost all of them pay dividends on a monthly basis, whereas, if you by an individual bond, the interest is paid semi-annually. CEFs have no minimum investment, whereas municipal bonds are sold in $5,000 denominations and many brokers have minimum purchase requirements of $15,000 to $25,000. You also have better liquidity with CEFs as prices are quoted real time and quotes are immediately available on the Internet, unlike individual bonds. In addition, CEFs provide diversification by owning many bonds in the portfolio.
One tax free CEF with a long term track record is the Dreyfus Strategic Municipal Bond Fund (DSM), which was founded in 1989. It currently yields 6.1%, and is selling for a 8.2% discount to Net Asset Value. The Net Asset Value, also known as the NAV, is the intrinsic value of the shares if the entire fund were liquidated and all the funds distributed among the shareholders. The fund does utilize some leveraging, currently 34%, which is somewhat lower than many other tax free CEFs. The advisor fee is 0.50%.
If you live in New York, you can consider the PIMCO New York Municipal Income Fund (PNF), founded in 2001. The fund yields 5.9%, and trades at a 3.9% discount to NAV. Leverage is 37.7%, and the advisor fee is 0.65%.
California residents may consider the Invesco Van Kampen California Value Municipal Income Fund (VCV), with a payout rate of 6%. It has a discount to NAV of 4%, with leverage of 35%. The company, founded in 1992, charges an advisor fee of 0.88%.
Here are some issues to watch out for before investing in tax free CEFs:
* a highly leveraged portfolio
* high management/advisor fees
* trading at a premium to net asset value
* bonds which are subject to the Alternative Minimum Tax
* low quality bonds in the portfolio
But there is one major risk, which is a rise in interest rates, which will cause the bonds to drop in price and therefore causing the CEFs to fall also. It is interesting to note that I have been mentioning that risk for several years, yet rates continue to remain low. Interest rates will go up eventually, it's just a matter of when.
A list of tax free income closed end funds, which includes yields, discounts and premiums, leverage, management fees, date founded, and other information, is available at WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
One option is to owns the bonds directly and the other is by purchasing municipal bond closed end funds, sometimes referred to as tax-free CEFs or tax-free stocks. These closed end funds own muni bonds that pay interest that is exempt from Federal income taxes and may be exempt from state income taxes if issued in the state you live in or issued by one of the US territories, such as Puerto Rico, the Virgin Islands, or Guam. Municipal bonds are usually issued by states, counties, cities, and other governmental entities such as school districts, sewer districts, bridges, and water and power departments. WallStreetNewsNetwork.com has list of over 100 tax-free income CEFs, and more than 80 paying out yields more than than 5%.
There are many advantages besides the non-taxable income of these CEFs. Almost all of them pay dividends on a monthly basis, whereas, if you by an individual bond, the interest is paid semi-annually. CEFs have no minimum investment, whereas municipal bonds are sold in $5,000 denominations and many brokers have minimum purchase requirements of $15,000 to $25,000. You also have better liquidity with CEFs as prices are quoted real time and quotes are immediately available on the Internet, unlike individual bonds. In addition, CEFs provide diversification by owning many bonds in the portfolio.
One tax free CEF with a long term track record is the Dreyfus Strategic Municipal Bond Fund (DSM), which was founded in 1989. It currently yields 6.1%, and is selling for a 8.2% discount to Net Asset Value. The Net Asset Value, also known as the NAV, is the intrinsic value of the shares if the entire fund were liquidated and all the funds distributed among the shareholders. The fund does utilize some leveraging, currently 34%, which is somewhat lower than many other tax free CEFs. The advisor fee is 0.50%.
If you live in New York, you can consider the PIMCO New York Municipal Income Fund (PNF), founded in 2001. The fund yields 5.9%, and trades at a 3.9% discount to NAV. Leverage is 37.7%, and the advisor fee is 0.65%.
California residents may consider the Invesco Van Kampen California Value Municipal Income Fund (VCV), with a payout rate of 6%. It has a discount to NAV of 4%, with leverage of 35%. The company, founded in 1992, charges an advisor fee of 0.88%.
Here are some issues to watch out for before investing in tax free CEFs:
* a highly leveraged portfolio
* high management/advisor fees
* trading at a premium to net asset value
* bonds which are subject to the Alternative Minimum Tax
* low quality bonds in the portfolio
But there is one major risk, which is a rise in interest rates, which will cause the bonds to drop in price and therefore causing the CEFs to fall also. It is interesting to note that I have been mentioning that risk for several years, yet rates continue to remain low. Interest rates will go up eventually, it's just a matter of when.
A list of tax free income closed end funds, which includes yields, discounts and premiums, leverage, management fees, date founded, and other information, is available at WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Labels:
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muni bonds,
municipal bonds,
PNF,
tax free,
vcv
Thursday, March 19, 2015
Make Money Buying Short Squeeze Stocks
One strategy that many stock traders utilize is purchasing short squeeze stocks. When a stock is shorted, it means that you anticipate profiting from a reduction in the price of a stock. What happens in the background is that you borrow shares of a company, sell those shares, then buy back those shares later at a what the traders expects is a lower price so that those shares can be paid back. You don't really see all the borrowing and replacement of the shares; it just appears in your account as a negative number of shares.
Short sellers often profit from this technique, but occasionally when the stock moves against them, the stock rises, and the short sellers rush to buy back shares to cover their position, creating what is referred to as a short squeeze. When this happens, the stock can increase in value very quickly. Positive news can cause the short squeeze to take place.
Stock traders profit from this situation by finding stocks that could have a potential short squeeze. Here is what they look for:
GoPro (GPRO), the sports camera company, is a heavily shorted stock, with over 60% of the stock's float currently held short.
Pilgrims Pride Corporation (PPC) is also heavily shorted, with 58% of the float held short. In addition, the Short Interest Ratio is 19.7. This means that the approximate number of days to cover the position is 20 days, based on the current daily volume.
ITT Educational Services (ESI) has a short interest of 47%, and a days to cover ratio of 31.9. GameStop (GME) has 44% of the float shorted, with a short interest ratio of 42.3.
For other stock ideas, check out the stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Short sellers often profit from this technique, but occasionally when the stock moves against them, the stock rises, and the short sellers rush to buy back shares to cover their position, creating what is referred to as a short squeeze. When this happens, the stock can increase in value very quickly. Positive news can cause the short squeeze to take place.
Stock traders profit from this situation by finding stocks that could have a potential short squeeze. Here is what they look for:
- Short Percentage of Float ~ The float is the number of freely tradable shares and the short percentage is the number of shares held short divided by the float. Amounts over 10% to 20% are considered high, and potential short squeeze plays.
- Short Ratio / Days to Cover / Short Interest Ratio -A very important metric. This is the number of days it would take the short sellers to cover their position based on the average daily volume of shares traded. This is a significant ratio as it shows how "stuck" the short sellers are when they want to buy in their shares without driving up the price too much. Unfortunately for the shortsellers, the longer the number of days to cover, the bigger and longer the squeeze.
- Short Percentage Increase ~ This is the percentage increase in the number of short sellers from the previous month.
GoPro (GPRO), the sports camera company, is a heavily shorted stock, with over 60% of the stock's float currently held short.
Pilgrims Pride Corporation (PPC) is also heavily shorted, with 58% of the float held short. In addition, the Short Interest Ratio is 19.7. This means that the approximate number of days to cover the position is 20 days, based on the current daily volume.
ITT Educational Services (ESI) has a short interest of 47%, and a days to cover ratio of 31.9. GameStop (GME) has 44% of the float shorted, with a short interest ratio of 42.3.
For other stock ideas, check out the stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Labels:
ESI,
GME,
GPRO,
PPC,
short selling,
short squeeze
Tuesday, March 17, 2015
The Most Expensive Business Book Sells for $35,000
Some books in the investment field are fairly expensive. For example, the book called Margin of Safety sells for around $2,000? But if you look at books that include business in general, you can find some even higher priced books.
The book Dialogues with David A. Koch (Lessons in Life and Business) is listed on Amazon at $34,908.44. The book contains dialogues between David Koch, the retired CEO of Graco, Inc.,and a group of seven MBA students.
Another book, Insider Trading: An Insiders Guide to Intelligent Investing sells for $9,999.00.
Here is an interesting one. Financial Astrology & Stock Market Astrology - A Guide to Stock Market Acceleration Points for Stocks and Futures Trading at a price of only $9,000.00.
You may be better off just putting the money into a trading account that you would have spent on these books.
The book Dialogues with David A. Koch (Lessons in Life and Business) is listed on Amazon at $34,908.44. The book contains dialogues between David Koch, the retired CEO of Graco, Inc.,and a group of seven MBA students.
Another book, Insider Trading: An Insiders Guide to Intelligent Investing sells for $9,999.00.
Here is an interesting one. Financial Astrology & Stock Market Astrology - A Guide to Stock Market Acceleration Points for Stocks and Futures Trading at a price of only $9,000.00.
You may be better off just putting the money into a trading account that you would have spent on these books.
Stocks Going Ex Dividend the Fourth Week of March
Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.
KAR Auction Services Inc | KAR | 3/23/2015 | 2.9% |
Portland General Electric | POR | 3/23/2015 | 2.9% |
First Horizon National Corporation | FHN-A | 3/24/2015 | 6.3% |
Liberator Medical Holdings Inc | LBMH | 3/24/2015 | 3.4% |
CyrusOne Inc | CONE | 3/25/2015 | 4.2% |
First Midwest Bancorp | FMBI | 3/25/2015 | 2.1% |
North American Energy Partners Inc. | NOA | 3/27/2015 | 2.8% |
Nucor Corporation | NUE | 3/27/2015 | 3.1% |
PG&E Corp | PCG | 3/27/2015 | 3.3% |
Post Properties REIT | PPS | 3/27/2015 | 2.8% |
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
Sunday, March 15, 2015
Drone Stocks May Fly High
With the recent news about the guy who was flying the drone around the White House, investors attention has shifted to the companies in the drone business, including commercial, industrial, military, government, security, and recreational drones.
If you want your own drone, some are very reasonably priced. You can get a small Cheerson CX-10 Mini 29mm 4CH 2.4GHz Quadcopter for less that $20. If you want a drone with a camera, you can get the UDI U818A 2.4GHz 4 CH 6 Axis Gyro RC Quadcopter for less than $60. Of course, if you want one of the top of the line drones, you could get the Az 4K UHD camera drone for the price of about $8,500.
One of the top pure play drone companies is AeroVironment (AVAV), founded in 1971. It is the top seller of small drones to the U. S. Government. Its drones includes the Raven, the Wasp, and the Puma. AeroVironment is also offers electric vehicle charging systems and services. The stock trades at 152 times trailing earnings and 73 times forward earnings. It is debt free with $8.89 in cash per share.
AeroVironment has a strategic partnership with Lockheed Martin (LMT), which is also involved in the production of drones, which includes the Stalker. Drones are just a small portion of Lockheed's business. The company trades at 18 times training earnings and has a forward price to earnings ratio of 16. The stock sports a yield of 3.0%.
Other companies involved in the drone business include Elbit Systems (ESLT), which makes the Hermes and Skylark families of UAVs, and Boeing (BA) which manufactures the hydrogen-powered Phantom Eye drone.
For a list of the publicly traded drone stocks, which includes information on the PE ratio, the forward PE ratio, and the connection to the drone business, go to WallStreetNewsNetwork.com. I hope that some of these stocks will make your portfolio fly high.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
AeroVironment has a strategic partnership with Lockheed Martin (LMT), which is also involved in the production of drones, which includes the Stalker. Drones are just a small portion of Lockheed's business. The company trades at 18 times training earnings and has a forward price to earnings ratio of 16. The stock sports a yield of 3.0%.
Other companies involved in the drone business include Elbit Systems (ESLT), which makes the Hermes and Skylark families of UAVs, and Boeing (BA) which manufactures the hydrogen-powered Phantom Eye drone.
For a list of the publicly traded drone stocks, which includes information on the PE ratio, the forward PE ratio, and the connection to the drone business, go to WallStreetNewsNetwork.com. I hope that some of these stocks will make your portfolio fly high.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Saturday, March 14, 2015
What Warren Buffett Has Been Buying and Selling
Warren Buffett's Berkshire Hathaway (BRK-A) is continuing to perform well, rising 18% during the last 12 months, outperforming the S&P 500 which was up only 11.5% over the same time frame.
Investors who want to follow in Buffett's footsteps have to look no further than the updated list of the Warren Buffett Berkshire Hathaway stocks at WallStreetNewsNetwork.com. The list shows the entire stockholdings along with the stocks recently purchased during the last quarter, and the stocks that were sold.
The new stocks in Buffett's portfolio include Restaurant Brands International (QSR), which trades at 30 times forward earnings. It sports a yield of 0.9%.
Another stock that Buffett bought is Twenty-First Century Fox (FOXA). It trades at 8 times trailing earnings and 17 times forward earnings. The stock also yields 0.9%.
Buffett dumped three stocks, two of which are oil stocks. You can find more info on the free Warren Buffett stock list at WallStreetNewsNetwork.com.
By Stockerblog.com
Investors who want to follow in Buffett's footsteps have to look no further than the updated list of the Warren Buffett Berkshire Hathaway stocks at WallStreetNewsNetwork.com. The list shows the entire stockholdings along with the stocks recently purchased during the last quarter, and the stocks that were sold.
The new stocks in Buffett's portfolio include Restaurant Brands International (QSR), which trades at 30 times forward earnings. It sports a yield of 0.9%.
Another stock that Buffett bought is Twenty-First Century Fox (FOXA). It trades at 8 times trailing earnings and 17 times forward earnings. The stock also yields 0.9%.
Buffett dumped three stocks, two of which are oil stocks. You can find more info on the free Warren Buffett stock list at WallStreetNewsNetwork.com.
By Stockerblog.com
Labels:
Berkshire Hathaway,
BRK-A,
FOXA,
QSR,
Warren Buffett
Tuesday, March 10, 2015
The Stock that is Up 11,000% in the Last 6 Years
There is a stock that is traded on the New York Stock Exchange trading around 29 per share. It is not a well known name but it has an amazing track record. Over the last six years, the stock has increased in value by over 11,000%. Actually, 11,202% to be more precise.
First, can you guess what business the stock is in? Not technology, not biotech, not robotics, not 3D printing. As a matter of fact, the company is a real estate investment trust.
As of six years ago last Friday, you would have paid 23 cents per share to buy the stock. Now the stock is trading at 28.82. So, if you had bought 10,000 shares for $2,300 back then, your investment would new be worth well over a quarter of a million dollars.
Of course, if you were willing to speculate, and bought 50,000 shares for a little over $10,000, the investment would be worth almost one and a half million dollars.
Oh, I still haven't told you the name of the company.Here it is: General Growth Properties, Inc (GGP). The stock trades at 42 times trailing earnings and 18 times forward earnings. It sports a yield of 2.4%.
First, can you guess what business the stock is in? Not technology, not biotech, not robotics, not 3D printing. As a matter of fact, the company is a real estate investment trust.
As of six years ago last Friday, you would have paid 23 cents per share to buy the stock. Now the stock is trading at 28.82. So, if you had bought 10,000 shares for $2,300 back then, your investment would new be worth well over a quarter of a million dollars.
Of course, if you were willing to speculate, and bought 50,000 shares for a little over $10,000, the investment would be worth almost one and a half million dollars.
Oh, I still haven't told you the name of the company.Here it is: General Growth Properties, Inc (GGP). The stock trades at 42 times trailing earnings and 18 times forward earnings. It sports a yield of 2.4%.
Stocks Going Ex Dividend the Third Week of March
Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.
Cincinnati Financial | CINF | 3/16/2015 | 3.5% |
CM Finance Inc | CMFN | 3/16/2015 | 10.1% |
Huntington Bancshares | HBAN | 3/16/2015 | 2.2% |
Navios Maritime Acquisition Corp Ord | NNA | 3/16/2015 | 5.6% |
Renasant Corp | RNST | 3/16/2015 | 2.4% |
Tupperware | TUP | 3/16/2015 | 3.8% |
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
Sunday, March 08, 2015
Smooth Sailing for Cruising Stocks
The first quarter of the year is the time when most people make reservations for their spring and summer cruises. With all the bookings taking place, cruise lines may be reporting favorable earnings. Plus, cruise traveling will be opening up with Cuba. Fortunately, there are a few ways that investors can climb aboard this industry.
Royal Caribbean Cruises Ltd. (RCL) owns Royal Caribbean International and Celebrity Cruises, along with Pullmantur S.A. in Europe and Latin America. The stock has a price to earnings ratio of 23, and a forward P/E of 13. Earnings for the latest quarter ended December 31 skyrocketed by an incredible 1,464% on a slight drop in revenues. The dividend payout rate is 1.5%.
Carnival Corp. (CCL), based in Miami and London, is one of the world's largest cruise lines in the world. The ships operate out of North America, the UK, Germany and Italy. The lines include Carnival, Holland America, Princess, Seabourn, Windstar, AIDA, Costa, P&O, Cunard, Ocean Village, and Swan Hellenic. The stock trades at 28 times trailing earnings and 14 times forward earnings. Revenues went up by 1.7% for the latest reported quarter. It sports a yield of 2.3%.
Hopefully, these stocks won't be too choppy. If you like interesting stock lists like this, check out the lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Royal Caribbean Cruises Ltd. (RCL) owns Royal Caribbean International and Celebrity Cruises, along with Pullmantur S.A. in Europe and Latin America. The stock has a price to earnings ratio of 23, and a forward P/E of 13. Earnings for the latest quarter ended December 31 skyrocketed by an incredible 1,464% on a slight drop in revenues. The dividend payout rate is 1.5%.
Carnival Corp. (CCL), based in Miami and London, is one of the world's largest cruise lines in the world. The ships operate out of North America, the UK, Germany and Italy. The lines include Carnival, Holland America, Princess, Seabourn, Windstar, AIDA, Costa, P&O, Cunard, Ocean Village, and Swan Hellenic. The stock trades at 28 times trailing earnings and 14 times forward earnings. Revenues went up by 1.7% for the latest reported quarter. It sports a yield of 2.3%.
Hopefully, these stocks won't be too choppy. If you like interesting stock lists like this, check out the lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Saturday, March 07, 2015
Dog Stocks Are Not Dogs
You can tell how much people love their dogs just by the amount of money they spend on them. For example, they purchase $4,000 for a dog house, $9,000 for a sapphire dog collar, and a $500 food bowl for dogs.
With money being spent like this on luxury items, not to mention food, toys, medical care, and numerous other pet items, the companies operating in this field are benefiting greatly. Here are a few stocks that are taking a bite out of this opportunity, which are from the free list of pet stocks at WallStreetNewsNetwork.com.
Petsmart Inc. (PETM) is a Phoenix, Arizona based company with a market cap of $8.25 billion market cap. Petsmart markets toys, food, grooming, baths, nail trimming, tooth brushing, training and boarding. The stock trades at 19 times trailing earnings, a forward price to earnings ratio of 15, and pays a small yield of 0.9%. Earnings were up slightly for the latest quarter on a 6% rise in revenues.
VCA Antech Inc. (WOOF) provides veterinary services and animal diagnostic testing services and products. They also have one of the best stock tickers. The P/E is 34 and the forward P/E is 21. Quarterly earnings jumped 14.7% on a 10.2% boost in earnings.
Patterson Companies Inc. (PDCO) is a veterinary supply business, marketing lab supplies, paper goods, syringes, wound dressings, sutures, latex gloves, pharmaceuticals, ointments, and diagnostics to veterinarians. The P/E ratio is 23, and the forward P/E is 20. The stock sports a yield of 1.6%.
For a list of other companies in the business of pets, download it at WallStreetNewsNetwork.com.
Disclosure: Author had no position in any of the above at the time the article was written.
By Stockerblog.com
With money being spent like this on luxury items, not to mention food, toys, medical care, and numerous other pet items, the companies operating in this field are benefiting greatly. Here are a few stocks that are taking a bite out of this opportunity, which are from the free list of pet stocks at WallStreetNewsNetwork.com.
Petsmart Inc. (PETM) is a Phoenix, Arizona based company with a market cap of $8.25 billion market cap. Petsmart markets toys, food, grooming, baths, nail trimming, tooth brushing, training and boarding. The stock trades at 19 times trailing earnings, a forward price to earnings ratio of 15, and pays a small yield of 0.9%. Earnings were up slightly for the latest quarter on a 6% rise in revenues.
VCA Antech Inc. (WOOF) provides veterinary services and animal diagnostic testing services and products. They also have one of the best stock tickers. The P/E is 34 and the forward P/E is 21. Quarterly earnings jumped 14.7% on a 10.2% boost in earnings.
Patterson Companies Inc. (PDCO) is a veterinary supply business, marketing lab supplies, paper goods, syringes, wound dressings, sutures, latex gloves, pharmaceuticals, ointments, and diagnostics to veterinarians. The P/E ratio is 23, and the forward P/E is 20. The stock sports a yield of 1.6%.
For a list of other companies in the business of pets, download it at WallStreetNewsNetwork.com.
Disclosure: Author had no position in any of the above at the time the article was written.
By Stockerblog.com
Rich Full Bodied Stocks with Overtones of Hearty Pepper, an Abundance of Fruit Sensations, Complimented by Gripping Acidity
Are you looking for vineyard and wine stocks that haven't become vinegar? Unfortunately, there aren't too many to pick from, and for many of the large wine producers, wine is a small part of the overall business.
According to the Wine Institute, Americans consumed 779 million gallons of table wine in 2013, the latest reported year. This is up from 749 million gallons the previous year. There are several reasons for this, including an increased preference for wine by an aging population, an explosion in the number of wine bars, and of course all the health benefits attributed to wine.
Based on the list of wine and liquor stocks at WallStreetNewsNetwork.com, there are over a dozen wine companies to choose from. The majority of them trade over-the-counter but a few trade on the New York Stock Exchange.
Constellation Brands (STZ) is the largest wine producer in the world. It produces and sells table wines, sparkling wines, and even dessert wines. Brands include Robert Mondavi, Clos du Bois, and Ravenswood. The stock trades at 28 times trailing earnings and 23 times forward earnings. Earnings for the company's latest quarter were up 5.3% year-over-year, on a revenue boost of 6.8%.
Willamette Valley Vineyards Inc. (WVVI), based in Turner, Oregon, makes and sells Syrah, Merlot, Cabernet Sauvignon, Cabernet Franc, The Griffin, and Viognier under the Griffin Creek label. The stock trades at 18 times earnings. For the quarter ending September 30, earnings spiked by an amazing 147% on a healthy 32.9% jump in revenues. The company will be reporting year end earnings at the end of March.
Brown-Forman Corporation (BF-B) is another wine distributor which markets the Sonoma-Cutrer wines and Corbel California Champaigne. The stock has a trailing price-to-earnings ratio of 28 and carries a yield of 1.6%.
You can check out the other wine companies on the free WallStreetNewsNetwork.com list of wine and liquor stocks. Cheers to a healthy and rising portfolio.
Disclosure: Author didn't hold a position in any of the stocks mentioned at the time the article was written.
By Stockerblog.com
According to the Wine Institute, Americans consumed 779 million gallons of table wine in 2013, the latest reported year. This is up from 749 million gallons the previous year. There are several reasons for this, including an increased preference for wine by an aging population, an explosion in the number of wine bars, and of course all the health benefits attributed to wine.
The Stock Market Was Down 278 Points But These Stocks Were Up Over 20% Yesterday
If you were watching the stock market at all yesterday, or even just checked the close, you would have noticed that the Dow Jones Industrial Average tanks by over 278 points, with the S&P down almost 30 and the NASDAQ down about 55 points.
But surprisingly, in spite of the bad day, many stocks were up. Here is a list of some of those stocks, all of which were up over 20%.
Aoxing Pharmaceutical Company, Inc. (AXN) up 33%
DURECT Corporation (DRRX) up 22%
RXi Pharmaceuticals Corporation (RXII) up 22%
Regado Biosciences, Inc. (RGDO) up 20.3%
Disclosure: Authose had no positions in any of the above stocks at the time the article was written.
But surprisingly, in spite of the bad day, many stocks were up. Here is a list of some of those stocks, all of which were up over 20%.
Aoxing Pharmaceutical Company, Inc. (AXN) up 33%
DURECT Corporation (DRRX) up 22%
RXi Pharmaceuticals Corporation (RXII) up 22%
Regado Biosciences, Inc. (RGDO) up 20.3%
Disclosure: Authose had no positions in any of the above stocks at the time the article was written.
Liechtenstein Stocks from One of the Smallest Countries in the World
Are you familiar with Liechtenstein? It is one of the world's smallest countries, in both area and population, in company with Andorra and San Marino. However, despite its size, it has one of the most stable economies in the world and is ranked number 2 in terms of Gross Domestic Product per capita, right after Qatar and just ahead of Macau.
Liechtenstein has the second lowest tax rate in Europe at 12.5%, which is one of the reasons that there are more registered companies in the country than citizens. Also, the personal income tax base rate is 1.2%.
Here's a bit of trivia for you. The country is the largest producer of false teeth in the world!
So what if an investor wants to invest in this country? For Americans, there is basically only one way. There is one publicly traded Liechtenstein company that trades in the United States and that is Liechtensteinische Landesbank (LCHTF), which trades over-the-counter. It also trades on the Swiss Stock Exchange. The bank, which was founded in 1861, is based in Vaduz, the country's capital.
The stock trades at 14.1 times trailing earnings and pays a yield of 3.97%. The company will be reporting its fiscal 2014 earnings on March 10.
The stock very rarely trades in the US, so investors that have any interest in the stock should try to get it through the Swiss Exchange.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Liechtenstein has the second lowest tax rate in Europe at 12.5%, which is one of the reasons that there are more registered companies in the country than citizens. Also, the personal income tax base rate is 1.2%.
Here's a bit of trivia for you. The country is the largest producer of false teeth in the world!
So what if an investor wants to invest in this country? For Americans, there is basically only one way. There is one publicly traded Liechtenstein company that trades in the United States and that is Liechtensteinische Landesbank (LCHTF), which trades over-the-counter. It also trades on the Swiss Stock Exchange. The bank, which was founded in 1861, is based in Vaduz, the country's capital.
The stock trades at 14.1 times trailing earnings and pays a yield of 3.97%. The company will be reporting its fiscal 2014 earnings on March 10.
The stock very rarely trades in the US, so investors that have any interest in the stock should try to get it through the Swiss Exchange.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Thursday, March 05, 2015
The Most Popular Investment Book Today is Over 65 Years Old
If you check out the list of the top selling books on Amazon in the Investment category, you would see that the investing related book at the top of group is The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel by Benjamin Graham. The book was written over 65 years ago, back in 1949.
The book is considered a classic. The approach that Graham covers is value investing on a long term basis, while minimizing risk and loss. Here is what Warren Buffett has to say about the book: "By far the best book on investing ever written."
Amazon readers like the book also, giving it an overall average rating of 4.5 stars. If you are an investor, and haven't read The Intelligent Investor, you really need to get a copy and read it.
The book is considered a classic. The approach that Graham covers is value investing on a long term basis, while minimizing risk and loss. Here is what Warren Buffett has to say about the book: "By far the best book on investing ever written."
Amazon readers like the book also, giving it an overall average rating of 4.5 stars. If you are an investor, and haven't read The Intelligent Investor, you really need to get a copy and read it.
Wednesday, March 04, 2015
Stocks Going Ex Dividend the Second Week of March
Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.
Ameren Corp | AEE | 3/9/2015 | 3.8% |
Baxter International | BAX | 3/9/2015 | 3.0% |
Cott Corporation | COT | 3/9/2015 | 2.6% |
CSG Systems International, Inc. | CSGS | 3/9/2015 | 2.3% |
General Motors Company | GM | 3/9/2015 | 3.2% |
Laclede Group | LG | 3/9/2015 | 3.5% |
Parkway Properties REIT | PKY | 3/9/2015 | 4.2% |
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
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