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 ADTRAN (NASDAQ: ADTN ) have run higher today by as much as 15% after the company reported first-quarter earnings.
So what: Revenue in the first quarter was $143 million, topping the $139.8 million that the Street was expecting. That top-line beat translated into an even bigger bottom-line beat, with adjusted earnings per share of $0.17 easily besting the $0.08 per share that investors thought was in store.
Now what: CEO Tom Stanton said that the company's domestic carrier business was getting stronger, and international sales helped the company put up a sequential revenue increase. ADTRAN also announced a $0.09 per share quarterly dividend. Jefferies analyst George Notter isn't impressed though, keeping an "underperform" rating and citing intensifying competition that could lead to market share losses.
10 Best International Stocks To Own For 2014: Spark Infrastructure Group (SKI.AX)
Spark Infrastructure Group, invests in utility infrastructure in Australia and internationally. It primarily invests in electricity distribution businesses. It has interest in ETSA Utilities, which operates and maintains an electricity distribution network serving approximately 829,674 residential and business customers in the state of South Australia. The company also has interests in Powercor Australia, which owns and manages an electricity distribution network that serves approximately 730,273 customers in Victoria; and CitiPower that supplies electricity to approximately 313,409 customers in Melbourne�s central business district and inner suburbs. Spark Infrastructure Group is based in Sydney, Australia.
10 Best International Stocks To Own For 2014: Warwick Valley Telephone Company(WWVY)
Warwick Valley Telephone Company provides communication services to the residential and business customers. It operates in two segments, Telephone and Online. The Telephone segment provides telecommunication services, including local network services, network access services, and long distance services; directory services comprising publishing and selling yellow and white page advertising in print and online; wholesale services, such as origination and termination services to carriers and business customers; and voice conferencing services. It also offers billing and collections services to other carriers; and resells toll telephone services. The Online segment provides broadband and dial-up Internet access services, voice over Internet protocol services, and video over its landline network. It also offers digital television services, domain name registration, and Web hosting services. The company provides its services primarily in the towns of Warwick, Goshen, and Wallkil l, New York; and the townships of Vernon and West Milford, New Jersey. Warwick Valley Telephone Company was founded in 1902 and is based in Warwick, New York.
10 Best Electric Utility Stocks For 2014: Inter Parfums Inc.(IPAR)
Inter Parfums, Inc., together with its subsidiaries, develops, manufactures, markets, and distributes a range of fragrances and fragrance related products worldwide. It offers fragrance products primarily under license agreements with brand owners; specialty retail and designer products; alternative designer fragrances and personal care products; Aziza line of eye shadow kits, mascara, and pencils; and a line of health and beauty aids comprising shampoo, conditioner, hand lotion, and baby oil under its Intimate and Johnson Parker brands. The company offers its products under the Burberry, Van Cleef & Arpels, Jimmy Choo, Montblanc, Boucheron, Balmain, Repetto, Gap, Banana Republic, New York & Company, Brooks Brothers, bebe, Nine West, Betsey Johnson, Lane Bryant, Anna Sui, S.T. Dupont, Paul Smith, and Jordache brands under license agreements, as well as Lanvin, Intimate, Aziza, Nickel, Tristar, Regal Collections, Royal Selections, and Apple brands. Inter Parfums, Inc. distr ibutes its products through independent distribution companies and duty-free operators to department stores, perfumeries, specialty retailers, mass-market retailers, supermarkets, and domestic and international wholesalers and distributors. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1985 and is headquartered in New York, New York.
10 Best International Stocks To Own For 2014: Sinclair Broadcast Group Inc.(SBGI)
Sinclair Broadcast Group, Inc., a television broadcasting company, owns or provides certain programming, operating, or sales services to television stations in the United States. The company broadcasts free over-the-air programming, such as network provided programs, news produced locally, local sporting events, programming from program service arrangements, and syndicated entertainment programs. It owns or provides programming and operating services pursuant to local marketing agreements, or provides sales services pursuant to outsourcing agreements to 58 television stations in 35 markets. The company was founded in 1952 and is based in Hunt Valley, Maryland.
Advisors' Opinion:- [By Jeff Reeves]
Sinclair Broadcast Group (NASDAQ: SBGI) is a television station owner that serves 35 markets across the United States.
Current Yield: 4.8% (48 cents a share annually)
Dividend History: After cutting its dividend of 20 cents a share in 2009, Sinclair reinstated its dividend in February at 12 cents. That’s down from pre-recession levels, but much better than the zero cents it was paying a year ago.
Dividend Outlook: According to Bloomberg, Sinclair Broadcasting has a three-year expected dividend growth rate of 8.3%.
Recent Performance: Thanks in large part to a pop after its dividend announcement, SGBI shares are up over 22% so far in 2011. But Sinclair was going strong before that, too, tallying gains of 40% in across the past 12 months.
Strong Outlook for Shares: Fiscal 2010 revenue topped pre-recession levels, and after a few shortfalls in the depths of the recession Sinclair has seen five straight quarterly profits. Advertisers are starting to return to the airwaves once more, and that means Sinclair could have momentum on its side now that it is back in favor with dividend investors.
10 Best International Stocks To Own For 2014: Medtox Scientific Inc.(MTOX)
MEDTOX Scientific, Inc., together with its subsidiaries, provides forensic and clinical laboratory services, and offers diagnostic devices. Its Laboratory Services segment offers drugs-of-abuse testing services. It also provides clinical and other laboratory services, including clinical toxicology, clinical testing for occupational health clinics and physician offices, pediatric lead testing, and analysis of heavy and trace metals. In addition, this segment offers services in the areas of logistical support, data management, and program management services; and pain management products. Further, it provides clinical trial services comprising central laboratory and assay development, as well as bio-analytical, bio-equivalence, and pharmacokinetic testing services for pharmaceutical and biotech companies, clinical research and research organizations, as well as investigators with trial management, patient recruitment/enrollment, and site management. The company?s Product Sa les segment develops, manufactures, and distributes point-of-collection testing diagnostic drug screening devices. Its products include PROFILE-II, PROFILE-II A, PROFILE-III, and PROFILE-III A, which are used in workplace drugs-of-abuse testing; and testing in support of hospital emergency departments, criminal justice system, and rehabilitation centers. This segment?s products also include PROFILE-II ER and PROFILE-III ER, PROFILE-IV, and PROFILE-V, a line of diagnostic drug screening products for drug detection in patients in the hospital and emergency rooms; VERDICT-II, SURE-SCREEN, and ClearCourse diagnostic drug screening products used in the criminal justice and drug rehabilitation markets; and MEDTOXScan Reader, an electronic reader for use with PROFILE-V device in hospital laboratories and emergency rooms. In addition, it manufactures coagulation market controls; and distributes alcohol detection tests. The company was founded in 1983 and is headquartered in St. Pau l, Minnesota.
10 Best International Stocks To Own For 2014: Wolseley Plc(WOS.L)
Wolseley plc engages in the distribution of plumbing and heating products, and building materials to the professional contractors primarily in the United States, Canada, the United Kingdom, France, Nordic region, and central Europe. The company supplies plumbing, heating, and air conditioning products comprising baths, showers and accessories, sanitaryware, brassware, bathroom furniture, boilers and burners, radiators and valves, hot water cylinders and flues, control equipment, ventilation and air conditioning equipment, heat pumps and solar equipment, plastic pipes and fittings, and copper tubing and fittings. It also distributes building materials, such as insulation, plaster and plasterboard, roofing materials, bricks, blocks and aggregates, tiles and flooring, timber products, doors and frames, glass, beams, trusses and frames, hardware and tools, and cement. In addition, the company supplies civils/waterworks products, such as drainage pipes, and associated supplies and covers; underground pressure pipes; small bore pressure pipes and fittings; carbon and stainless steel pipes, and valves and fittings; and other pipes, valves, and fittings. Further, it distributes electrical cables and cabling accessories, controls and switchgears, wiring accessories, lighting, data networking supplies, and cable management products, as well as engages in the installation, maintenance, and management of customer inventory. As of July 31, 2011, the company operated 3,837 branches in 23 countries. Wolseley plc was founded in 1887 and is headquartered in Zug, Switzerland.
10 Best International Stocks To Own For 2014: Charming Shoppes Inc.(CHRS)
Charming Shoppes, Inc. operates as a specialty apparel retailer primarily for women in the United States. The company operates retail stores and related e-commerce Web sites under the LANE BRYANT, CACIQUE, LANE BRYANT OUTLET, FASHION BUG, FASHION BUG PLUS, and CATHERINES PLUS SIZES brand names. Its retail stores offer plus-size, junior, and misses sportswear, dresses, coats, and intimate apparel, as well as accessories and casual footwear. The company also sells food and specialty gifts through its Figi's Gifts in Good Taste catalog and related e-commerce Website, as well as through third-party retailers' stores. In addition, it operates FIGI'S Gallery that offers home decor, bedding, housewares, jewelry, garden accents, apparel, collectibles, gifts, and other items through its catalog and e-commerce Website. As of March 27, 2012, the company operated 1,857 retail stores in 48 states. Charming Shoppes, Inc. was founded in 1940 and is headquartered in Bensalem, Pennsylvania .
10 Best International Stocks To Own For 2014: Whitehaven Coal Ltd (WHITF)
Whitehaven Coal Limited (Whitehaven) is engaged in the development and operation of coal mines in New South Wales. During the fiscal year ended 30 June 2012 (fiscal 2012), Whitehaven Coal Limited and its controlled entities continued development at the Narrabri underground mine. The Company operates in two segments: Open Cut Operations and Underground Operations. The Company�� Gunnedah operations include the Tarrawonga (70% owned by Whitehaven), Rocglen (100% owned by Whitehaven), and Sunnyside (100% owned by Whitehaven) open cut mines and the Gunnedah coal handling and preparation plant and train load out facility (CHPP��(100% owned by Whitehaven). The Werris Creek mine is 100% owned by Whitehaven. During fiscal 2012, the Company produced 4.28 million tons per annum of saleable coal. On May 1, 2012, the Company acquired Boardwalk Resources Limited. On May 2, 2012, the Company acquired Aston Resources Limited. On June 20, 2012, it acquired Coalworks Limited. Advisors' Opinion:- [By Jim Jubak]
OK, so First Quantum Minerals (FQVLF) is a bit of a gamble. But the company, even without Inmet Mining (IEMMF), is a major miner of copper, gold and nickel, and its shares are up 15.6% in the past 12 months as of Dec. 18. My last three stocks on this list, on the other hand, are hated.
Which, of course, means that they've got tremendous upside if the market simply moves from "hated" to "despised." My first pick is Australian coal producer Whitehaven Coal (WHITF). The only thing more hated than a coal stock -- on falling coal prices and falling demand from everywhere, but especially China -- is an Australian coal stock, to which you can add rising production costs to the list of woes.
Whitehaven Coal, which owns seven mines (and important railroad infrastructure) in New South Wales, freaked out the market in October, when it said that if coal prices stayed at current low levels, EBITDA (earnings before interest, taxes, depreciation and amortization) would come in at just $50 millionAustralian (that's about $52.4 million in U.S. dollars) for 2013. That was a shock, since the analyst consensus for 2013 EBITDA was then at A$185 million. Since then, though, prices of Australian thermal coal have shown signs of climbing off the floor with reports of increased growth from China. Coal still sells for 27% less than it did a year ago, but the Nov. 30 price of $83.01 per metric ton is an improvement from $81.85 on Oct. 31.
Whitehaven shares posted a 26.6% gain from a Nov. 16 low through Dec. 19, but they are still well below the highest price of the year.
10 Best International Stocks To Own For 2014: Pimco High Income Fund(PHK)
PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations. It employs fundamental analysis along with a top down stock picking approach to make its investments. PIMCO High Income Fund was formed on April 30, 2003 and is domiciled in the United States.
10 Best International Stocks To Own For 2014: M/I Homes Inc. (MHO)
M/I Homes, Inc., together with its subsidiaries, primarily operates as a builder of single-family homes in the United States. The company operates in two segments, Homebuilding and Financial Services. The Homebuilding segment designs, constructs, markets, and sells single-family homes, attached townhomes, and condominiums to first-time, move-up, empty-nester, and luxury buyers in the Midwest, Mid-Atlantic, and southern regions. It markets its finished homes through company-employed sales consultants under the M/I Homes, Showcase Homes, and TriStone Homes trade names. This segment also purchases undeveloped land to develop into finished lots for the construction of single-family homes and for sale to others. As of December 31, 2011, it had 3,041 developed lots and 625 lots under development in inventory, as well as owned raw land expected to be developed into approximately 3,491 lots. The Financial Services segment is involved in originating and selling mortgages, and colle cting fees for title insurance and closing services. This segment serves as a title insurance agent by providing title insurance policies, and examination and closing services to purchasers of its homes. M/I Homes, Inc. was founded in 1973 and is based in Columbus, Ohio.
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