Top 5 Healthcare Equipment Companies To Invest In 2016

Top 5 Healthcare Equipment Companies To Invest In 2016: Skyline Corporation(SKY)

Skyline Corporation and its subsidiaries engage in designing, producing, and marketing manufactured houses, modular homes, and towable recreational vehicles to independent dealers and manufactured housing communities in the United States and Canada. The company?s manufactured homes include two to four bedrooms, kitchen, dining area, living room, one or two bathrooms, kitchen appliances, and central heating and cooling, as well as exterior dormers and windows, interior or exterior accent columns, fireplaces, and whirlpool tubs. Its towable recreational vehicles comprise travel trailers and fifth wheels offered under the Aljo, Bobcat, Koala, Layton, Mountain View, Nomad, Texan, Wagoneer, Walkabout, and Weekender brands; and park models under the Cedar Cove, Cutlass, Cutlass Elite, Deerfield, Forest Brook, Shore Park Homes, and Vacation Villa brands, which consists of sleeping, kitchen, dining, and bath areas. The company markets its manufactured and modular housing to subur ban and rural areas of the continental United States and Canada. Skyline Corporation markets its recreational vehicles to vacationing families, traveling retired couples, and sports enthusiasts pursuing four-season hobbies. The company was founded in 1951 and is headquartered in Elkhart, Indiana.

Advisors' Opinion:

• [By John Udovich]

  The CEO of recreation vehicle (RV) stock Winnebago Industries, Inc (NYSE: WGO) recently appeared on CNBC to say that the economy is improving for RV makers, meaning its time to take a closer look at the stock plus take a look at the performance of other small cap RV stocks like Drew Industries, Inc (NYSE: DW), Skyline Corporation (NYSEMKT: SKY) and Thor Industries, Inc (NYSE: THO).

• [By Holly LaFon] rch 12, Third Avenue Management sold 55.7% of its stake in Skyline Corp. for a total value of $3,394,689. It now has 361,805 shares, or 4.31% of the company.
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  Third Avenue incurred a loss on Skyline. The firm has had the stock since before the second quarter of 2009 after it had been sliding for several years. That quarter, Third Avenue bought it for roughly $20 per share. Since 2009 its stock price has declined 60% and the firm has been mostly selling its shares since then. The stock closed at $7.98 per share on Friday.

  Third Avenue Management was founded by legendary value investor Martin Whitman and manages mutual funds, separate accounts and hedge funds. Third Avenue managers believe that the current balance sheet rather than projected future figures are the best measure of a companys value. Companies they invest in are also usually cheap and safe.

  Skyline makes manufactured housing and recreational vehicles. Its revenue per share has been declining at a rate of 13.2% over the last 10 years, and 23.2% in the last 5 years. The company has been operating at a loss since 2008, and EBITDA and free cash flow has been negative since 2007.

  NWQ Managers and PrivateBancorp (PVTB) Bob Evans Farms (BOBE)

  On February 29, NWQ reduced its stake in PrivateBancorp (PVTB) by 28.48%. At $14.50 per share, the total value of the sale was $18.8 million. It now owns 3,253,454 shares or 4.49% of the company. NWQ initiated its holding in PrivateBancorp in the fourth quarter of 2009 with 4,334,692 shares at an average price of $12.15. It sold shares as the price rose during 2010, and added 2,008,454 shares in the third quarter of 2011 when its price dropped to an average of $10 per share. On Friday, the stock is trading near $15 per share.

  PrivateBancorp is a small, regional bank based in Chicago. After its stock fell to a 52-week low of $6.44 in late 2011, its 2011 fourth-quarter and full-year results helped push it up 38% to $15 in 2012. Afte

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-healthcare-equipment-companies-to-invest-in-2016.html