Hello friends and colleagues,
We’re adding some rather exciting new stocks to the system and those of you interested in looking for new money making opportunities might consider doing some research on these stocks.
Here we go.
EMR – Emerson Electric (http://www.emerson.com/en-cn)
This NYSE stock is currently at the bottom of its 52 week range. With a P/E of 15.51 you can review the latest information on this 125 year old company in both Yahoo’s finance pages as well as Google.
EQIX – Equinix (http://www.equinix.com/)
Equinix, a dividend yielding stock traded on the NASDAQ involved in data centres and data transmission. It is currently trading near its highs. At this moment the stock is trading at 263.06. The range over the past 52 weeks is 189.55 to 274.13. In the news today, EQIX is set to purchase UK data centre company Telecity Group. My office is in the UK and until recently Telecity was ubiquitous, having bought up all the spare capacity that had been built in the 90’s.
Further information on Equinix can be found on Yahoo and Google and many other places as well.
FSL – Freescale Semiconductor (http://www.freescale.com/)
Founded in 2004, Freescale Semiconductor is a multinational corporation headquartered in Austin, Texas with design, research and development, manufacturing and sales operations in more than 75 locations in 19 countries. Traded on NYSE, the stock ascended from 15.29 to a top value of 45.12 a share between June 2014 and June 2015. There is quite a bit of interest in the company as demonstrated by the number of articles available about them on the various financial channels. (See Google Finance)
JBLU – JetBlue Airways Corporation – (http://www.jetblue.com/#) NASDAQ
Following comments made by American Airlines CEO Doug Parker, JBLU was down 6.25% on Monday. But looking for the longer term, JetBlue has been trending upwards for the past year. (See Yahoo Finance)
KLXI – KLX Inc (http://www.klx.com/)
Among other things KLX is one of the big suppliers of cabin products for passenger aircraft. KLX also distributes things as small as fasteners, but is also involved in many parts of the aerospace industry including services to commercial airliners, business jet and defence equipment manufacturers, airlines, maintenance, repair and overhaul (MRO) operators. The Company provides access to over one million stock keeping unit (SKUs). At the top end of industry comparators with a P/E of 36.40, KLX shares have risen slightly more than 8% since the beginning of the year. (See Google Finance)
MOH – Molina Healthcare (http://www.molinahealthcare.com/)
Shares are down 1.22% to $67.42 in afternoon trading on Thursday after the Medicaid-related solutions provider announced the pricing of its secondary offering of 5 million shares.
The company priced the offering at $67.75 per share, a slight decrease from the stock’s previous closing price of $68.25. The share price is off from its 52 week high of 73.98. The company provides Medicaid-related solutions to meet the needs of both families and individuals by assisting state agencies in their administration of the Medicaid program. The Company derives its revenues primarily from health insurance premiums and service revenues. Interesting to note this is a business founded by C. David Molina, Emergency Room Physician and father of the current Chairman of the Board, President and Chief Executive Officer Joseph Mario Molina MD. The entire family including Joseph, John (the current CFO) and 3 sisters were all involved in the original launch of 3 free clinics in California. (Google Finance)
PFPT – ProofPrint Inc. Proofpoint, Inc. based in Sunnyvale, California, Proofpoint provides software as a service (SaaS) and on-premises solutions for inbound email security, outbound data loss prevention, privacy protection, email encryption, electronic discovery and email archiving. (See Yahoo Finance)
SJM – J.M.Smucker Company (http://jmsmucker.com/)
Founded in 1897, this NYSE staple of the jam and jelly trade is part of the S&P 500. It has both business in the US and abroad in the form of International Food Service and Health Food business. The company is headed by Chairman of the Board Timothy P. Smucker and CEO Richard K. Smucker, the 4th generation in this line of fruit spread manufacturers. They employ over 4,700 in the manufacture of their company brands include Smucker’s, Santa Cruz Organic, Jif, Laura Scudder’s, Crisco, Pillsbury, Eagle Brand, R.W. Knudsen Family, Hungry Jack, White Lily, and Martha White in the United States, along with Bick’s, Five Roses, Robin Hood, and Shirriff in Canada.
In March the company completed the purchase of Big Heart Pet Brands in a cash and stock transaction valued at approximately $6.0 billion, which includes the assumption of approximately $2.5 billion of net debt that was paid off by the Company at closing.
(See Google Finance)
TWC – Time Warner Cable (http://www.timewarnercable.com/)
If you live in New York you know and may dislike Time Warner Cable. But the company is much more than its NYC based cable network. Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voices services over broadband cable systems. The company also provides networking and transport services, managed and outsourced information technology solutions and cloud services. Net profit down almost 1% from 8.90% to a Q1 2015 reported 7.93%, this is a big company in a highly competitive sector. Is the stock overvalued at $177 with a P/E of 25.23 and a market cap of
(See Google Finance)