Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Fossil (NASDAQ: FOSL ) were ticking higher today, climbing as much as 10% after a strong earnings report.
So what: The watch-and-accessories maker saw earnings jump 24%, up to $1.21 per share, cruising past estimates of just $0.97 a share. Revenue rose 15.5% to $680.9 million, also well ahead of expectations of just $651.9 million. Third-party sales growth was strong in all regions, jumping at least 13% in North America, Europe, and Asia. Direct sales through the company's own stores and websites, which bring in a higher margin, were up 22.7%. Fossil's outlook for the current quarter, however, was below analyst projections. �
Now what: This was pretty much a perfect quarter, as management noted double-digit growth in watch sales, and a comeback in its retail jewelry business. It's a bit puzzling to see second-quarter guidance lower, but full-year projections remain in line with analyst expectations. Shares may seem a little pricey as brand-intensive industries like this one tend to be capricious, and watch sales have come under pressure with the proliferation of cell phones and could feel more pressure with wearable technology coming out such as the supposed iWatch that Apple's working on. To see what happens next with Fossil, add the company to your Watchlist. All you have to do is click right here.
Top 10 Rising Companies To Own In Right Now: Global Eagle Entertainment Inc (ENT)
Global Eagle Entertainment Inc., formerly Global Eagle Acquisition Corp., incorporated on February 2, 2011, is the full service platform offering both content and connectivity for the worldwide airline industry. Through its combined content, distribution and technology platforms, the Company provides airlines and the millions of travelers they serve with the offering of in-flight video content, e-commerce and information services. Through its Row 44 subsidiary, the Company utilizes Ku-band satellite technology to provide airline passengers with Internet access, live television, shopping and travel-related information. As of February 1, 2013, the Company installed on more than 450 aircraft, Row 44 has the fleet of connected entertainment platforms operating over land and sea globally. In addition, through its AIA division, the Company provides film and television content, games and applications to more than 130 airlines worldwide. In July 2013, the Company announced the acquisition of Post Modern Group, LLC. In October 2013, Global Eagle Entertainment Inc announced that it has acquired Travel Entertainment Group Equity Limited, the United Kingdom-based parent company of IFE Services Limited (IFE Services) from GCP Capital Partners LLP.
The Company�� Row 44 subsidiary provides satellite-based broadband service to the global airline industry. The Company�� Advanced Inflight Alliance (AIA) business is the provider of content services, products and solutions for the global inflight entertainment market. AIA also serves as the exclusive representative in sourcing Hollywood content for 60 airline customers and is the exclusive distributor of content from select Hollywood studios and independent producers to the airline market. In addition, AIA is the airline distributor of Asian, Bollywood, European, Latin American and Middle Eastern content.
Advisors' Opinion:- [By Richard Stavros]
This was particularly the view of Leo Denault, CEO of Entergy Corp (NYSE: ENT). Mr. Denault and his fellow panelist, James Robo, CEO of NextEra Energy Inc (NYSE: NEE), offered rather refreshing perspectives on the industry’s challenges, as they are pursuing strategies that are directionally opposed.
Hot Up And Coming Stocks To Own Right Now: Centrais Eletricas Brasileiras SA (ELET6)
Centrais Eletricas Brasileiras SA (Eletrobras) is a Brazil-based holding company engaged in the electric power generation, transmission and distribution. The Company operates and maintains hydroelectric power plants, thermal power plants, nuclear power plants and wind/solar power plants. The Company acts as an agent for managing and investing government funds related to the energy sector, such as the Global Reversion Reserve (RGR), Fuel Consumption Account (CCC) and Energy Development Account (CDE). The Company also manages government programs, such as the National Electric Energy Conservation Program (Procel), the National Program for the Universalization of Access and Use of Electricity (Luz Para Todos) and the Alternative Energy Sources Incentive Program (Proninfa). In October, 2013, the Company acquired a 50% stake in the share capital of Rouar SA, held by Administracion Nacional de Usinas y Transmisiones Electricas UTE. Advisors' Opinion:- [By Patricia Lara]
Tractebel leapfrogged Cia. Energetica de Minas Gerais, CPFL Energia SA (CPFE3) and Centrais Eletricas Brasileiras SA (ELET6) in the fourth quarter to become the biggest utility after sidestepping pressure to cut rates because its contracts don�� expire for at least 14 years. Florianopolis, Brazil-based Tractebel has gained 11 percent in the past year, less than Sabesp�� 36 percent rally, which is the most of any utility on the Bovespa index.
Hot Up And Coming Stocks To Own Right Now: Diamond Foods Inc.(DMND)
Diamond Foods, Inc., a packaged food company, engages in processing, marketing, and distributing snack products, as well as culinary, in-shell, and ingredient nuts. Its snack products include glazed nuts, roasted and mixed nuts, breakfast trail mix products, microwave popcorn products, and potato and tortilla chips. The company?s culinary nuts comprise shelled nuts, pegboard nuts, and harvest reserve premium nuts. Its in-shell nuts consist of uncracked nuts and mixed nuts; and ingredient/food service products include shelled and processed nuts, and custom-processed nuts. The company offers its products under the Emerald, Pop Secret, Kettle, and Diamond of California brand names. It markets its culinary nuts to individuals, who prepare meals or baked goods at home; and ingredient and food service nuts to food processors, restaurants, bakeries, and food service companies and their suppliers. Diamond Foods, Inc. sells its products directly to retailers, such as national groce ry stores, club stores, mass merchandisers, and drug store chains; and indirectly through wholesale distributors, who serve independent and small regional retail grocery store chains and convenience stores. The company offers its products in the United States, the United Kingdom, Germany, the Netherlands, Spain, Italy, Canada, South Korea, Turkey, and Japan. Diamond Foods, Inc. was founded in 1912 and is based in San Francisco, California.
Advisors' Opinion:- [By Johanna Bennett]
Diamond Foods (DMND) rose 6% to $28.25 after posting fiscal fourth quarter financial results.
General Motors (GM) rose 0.5% to $33.04 after hours Thursday after Standard & Poor’s raised the auto maker’s credit rating back above the investment-grade threshold.
- [By Lauren Pollock]
Among the companies with shares expected to actively trade in Tuesday’s session are Diamond Foods Inc.(DMND), Edgen Group Inc.(EDG) and Lexicon Pharmaceuticals Inc.(LXRX)
Hot Up And Coming Stocks To Own Right Now: Kohlberg Capital Corporation(KCAP)
Kohlberg Capital Corporation is a private equity and venture capital firm specializing in buyouts and mezzanine investments. It focuses on mature and middle market companies. The firm structures its investments through senior debt, second lien debt, secured and unsecured subordinated debt, mezzanine debt, and equity. It invests in all sectors except cyclical industries. The firm invests equity in both minority and control transactions alongside other equity investors. It invests through its own balance sheet. Kohlberg Capital Corporation is based in the New York, New York.
Advisors' Opinion:- [By Monica Gerson]
KCAP Financial (NASDAQ: KCAP) is projected to report its Q4 earnings at $0.25 per share on revenue of $13.27 million.
Home Inns & Hotels Management (NASDAQ: HMIN) is estimated to post its Q4 earnings at $2.18 per share on revenue of $1.54 billion.
Hot Up And Coming Stocks To Own Right Now: Red Fork Energy Ltd (RDFEY)
Red Fork Energy Limited is an independent oil and gas exploration and production company focused in the midcontinent of the United States. The Company�� Big River project is exploiting the oil and liquids rich gas bearing Mississippi limestone formation (the Mississippi Play). The Company�� East Oklahoma project is located east of Tulsa in Oklahoma. The Company�� subsidiaries include Red Fork (USA) Investments, Inc. and EastOK Pipeline LLC. Advisors' Opinion:- [By Sally Jones] urrent RDFEY share price is 3.69, or 53.6% off the 52-week high of $7.95.
Down 49% over 12 months, RDFEY has a market cap of $164.78 million, and trades at a P/B of 1.40.
Red Fork Energy Limited is engaged in shale gas and oil exploration and production in USA. Red Fork Energy has a large landholding in Oklahoma with producing oil and gas fields, as well as highly prospective development acreage. The company has positioned itself in a premier on-shore, horizontal oil resource play, with a large and growing position in the Mississippi Lime oil and gas play.
The company reported second quarter 2013 financial results with record sales of $6.985 million for the quarter, representing a 72.5%% increase from the previous quarter. The company had record gross production of 174.8 million barrels oil equivalents, a 33.4% increase from the previous quarter.
Revenue and net income tracking:
Hot Up And Coming Stocks To Own Right Now: Emulex Corp (ELX)
Emulex Corporation (Emulex) is a provider of a range of network convergence solutions that connect servers, storage, and networks within the data center. The Company�� product portfolio includes Host Bus Adapters (HBAs), Converged Network Adapters (CNAs), Network Interface Cards (NICs), mezzanine cards for blade servers, Application Specific Integrated Circuits (ASICs), embedded storage bridges, routers, and switches, Input/Output Controllers (IOCs), and connectivity management solutions. The Company is a designer, developer and supplier of HBAs, CNAs, NICs, mezzanine cards, Pass-Through Modules (PTM), embedded storage switches, embedded bridges, embedded routers, I/O ASICs, switch-on-a-chip (SOC) ASICs, Internet Baseboard management controllers (iBMC��) and connectivity management solutions. On August 25, 2010, Emulex acquired ServerEngines Corporation. In February 2013, Emulex acquired 89% ownership of Endace Ltd. In April 2013, Emulex Corp announced the completion of acquisition of Endace Limited.
Host Server Products
The Company�� Host Server Products include the development of chip level and board level server-based I/O adapters, including HBAs, Universal Converged Network Adapters (UCNAs), and mezzanine cards that connect servers and storage to networks using a range of products. Its products support Internet protocol (IP) and storage networking, including transmission control protocol (TCP)/IP, Internet small computer system interface (iSCSI), network attached storage (NAS), Fibre Channel, and Fibre Channel over Ethernet (FCoE). Host Server Products (HSP) include LightPulse HBAs, OneConnecttm UCNAs, custom form factor solutions for original equipment manufacturer (OEM) blade servers, and ASICs. These products enable servers to connect to local area networks (LANs), storage area networks (SANs), and NAS by offloading data communication processing tasks from the server as information is delivered and sent to the network.
Its Fibre Channel H! BAs connect host computers to a Fibre Channel network. The Company�� adapters support a range of operating systems and host computer system interfaces, including Peripheral Component Interconnect (PCI) and PCI Express-based platforms. Its Fibre Channel HBA offerings include single, dual, and quad port adapters at throughput speeds of two gigabyte per second, four gigabyte per second, and eight gigabyte per second for use in enterprise, large, medium, and small-sized organizations. The Emulex OneConnect UCNA is a single chip 10 gigabyte per second Ethernet platform designed to address the challenges of data center networks. The Emulex UCNA platform enables data center managers to consolidate multiple one gigabyte per second Ethernet links on to a single 10 gigabyte per second Ethernet link. Emulex HBAs and UCNAs are based upon its internally developed Fibre Channel and Ethernet IOCs. In addition, these IOCs can be used in embedded I/O environments, such as disk and tape storage arrays and storage appliances. Revenues from these applications are included in the Company�� Embedded Storage Products.
Embedded Storage Products
The Company�� Embedded Storage Products include the development of chip level, board level, and box level array based products that are deployed inside storage arrays, tape libraries, and other storage products to provide connectivity and protocol emulation functions. These products include embedded IOCs, I/O Processors (IOPs), SOCs, embedded bridges (FC/SATA/SAS), and embedded routers (FC/SATA/SAS). Emulex offers a range of integrated, embedded storage networking products for enterprise storage systems that deliver improved performance, reliability and storage connectivity. InSpeed is an advanced switching architecture that results in a single chip capable of handling multiple Fibre Channel devices operating at two, four, or eight gigabyte per second speeds. Its embedded router and bridge products consist of chip and firmware solutions.
! The Compa! ny competes with QLogic Corporation, Brocade Communications Systems, Inc., Broadcom Corporation, Intel Corporation, Chelsio Communications, Inc., Mellanox Technologies, Ltd., LSI, Marvell Technology Group Ltd., Maxim Integrated Products, Inc. and PMC-Sierra, Inc.
Advisors' Opinion:- [By John Udovich]
Mid cap networking solutions company Brocade Communications Systems, Inc (NASDAQ: BRCD) has pretty much been a sleeper for investors since the dot.com bust, but that has changed over the past year���meaning its worth revisiting the stock along with potential performance benchmarks�like QLogic Corporation (NASDAQ: QLGC), Emulex Corporation (NYSE: ELX) and iShares North American Tech-Multimedia Networking ETF (NYSEARCA: IGN). I should mention that we have recently Brocade Communications Systems to our SmallCap Network Elite Opportunity (SCN EO) portfolio because the company has successfully transitioned from being a hardware company to supporting virtual networks via software and it continues to offer best-of-breed technology.
No comments:
Post a Comment