Below we will share with you 5 top rated government bond mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all government bond funds, investors can click here to see the complete list of funds.
ProFunds Rising Rates Opportunity (RRPSX) seeks returns on a daily basis which is 1.25 times the inverse of that of the daily returns of the 30-Year U.S. Treasury Bond. The fund invests in derivatives which taken together provide such returns. The government bond mutual returned 6.38% over the last one year period.
10 Best Consumer Stocks To Watch For 2015: Magna International Inc (MGA)
Magna International Inc. (Magna), incorporated on November 16, 1961, is a diversified global automotive supplier. The Company designs, develops and manufactures automotive systems, assemblies, modules and components, and engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks. Its capabilities include interior systems, exterior systems, seating systems, powertrain systems, closure systems, roof systems, body and chassis systems, vehicle engineering and contract assembly, vision systems, hybrid and electric vehicles/systems, electronic systems, and through its Magna E-Car Systems partnership (E-Car Systems). Magna operates in three geographic reporting segments: North America, Europe and Rest of World. In January 2011, the Company acquired Automobiltechnik Durbheim, a manufacturer of tapping plates, which assist in the fastening of bolts. The acquired business is located in Germany and has sales to various automobile manufacturers. In May 2011, it acquired a 51% interest in Wuhu Youth Tongyang Auto Plastic Parts Co., Ltd., a supplier of exterior products, mainly front and rear bumpers. In June 2011, it acquired Continental Plastics Co., a supplier of interior products, mainly door panel and seat back assemblies. In August 2011, it acquired Grenville Castings Ltd. In November 2011, Magna acquired ThyssenKrupp Automotive Systems Industrial do Brasil Ltda. In November 2012, the Company's Magna Powertrain operating unit had completed the transaction to acquire ixetic Verwaltungs GmbH (ixetic).
The Company�� North American production sales accounted for approximately 49% of its consolidated sales during the year ended December 31, 2011. Its primary customers in North America in 2011, included BMW, Daimler, Fiat/Chrysler Group, Ford, General Motors, Honda, Hyundai-Kia Group, Mazda, Renault-Nissan, Toyota and Volkswagen Group. Its European production and vehicle assembly sales accounted for approximately 39% of its consolidated ! sales during 2011. Magna�� primary customers in Europe in 2011, included Aston Martin, BMW, Daimler, Fiat/Chrysler Group, Ford, Geely Group, General Motors, Honda, Hyundai-Kia Group, PSA Peugeot Citroen, Renault-Nissan, Tata Motors, Toyota, and Volkswagen Group. The Company�� Rest of World production sales accounted for approximately 5% of the Company�� consolidated sales in 2011, respectively. Its primary customers in Rest of World in 2011, included Brilliance Auto, BMW, Chery Automobile, Daimler, Fiat/Chrysler Group, First Automobile Works, Ford, Geely Group, General Motors, Great Wall Motor Company, Guangzhou Automobile, Honda, Hyundai-Kia Group, PSA Peugeot Citroen, Renault-Nissan, Shanghai Automotive, Suzuki, Tata Motors, Toyota, Volkswagen Group and Yulon Motors.
Interior Systems
The Company designs, engineers and manufactures interior components and systems for the global automotive industry. The primary technologies and processes involved in the manufacturing of interior components and systems include low pressure and injection molding, compression molding, vacuum forming, slush molding, spray urethane and manual and automated assembly and sequencing. Its capabilities include sidewall and trim systems, overhead systems, cargo management systems and cockpit systems.
Seating Systems
It develops and manufactures seating solutions and seat hardware systems for the global automotive industry. Its capabilities range from market and consumer research, full concept development, design and engineering, testing and validation to manufacturing. Its capabilities include complete seating systems, seat structures and mechanisms and foam and trim products. The technologies and processes used in the manufacture of seating and seat hardware systems include traditional cut and sew technology; manual and automated assembly, as well as its Multi-Material Mold-In-Place technology.
Closure Systems
Magna engineers and manufactures cl! osure sys! tems and modules for the global automotive industry. Its capabilities include door modules, window systems, power closure systems, latching systems, driver controls, electronic features and handle assemblies. The primary processes involved in the manufacture of closure systems and modules include light stamping; injection molding, as well as manual and automated assembly.
Body and Chassis Systems
The Company provides metal body systems, components, assemblies and modules, including complete vehicle frames, chassis systems and body-in-white systems, as well as related engineering services, for the global automotive industry. Magna employs a number of different forming technologies, such as hydroforming; stamping; hot stamping; roll forming; aluminum casting; draw bending; advanced welding technologies; as well as finishing technologies such as: e-coating; heat treating, and high temperature wax coating.
Vision Systems
The Company designs, engineers and manufactures vision systems for the global automotive industry. Its vision systems capabilities include interior mirrors, exterior mirrors, electronic vision systems and actuators. The primary processes involved in the manufacture of its vision products include electronics integration; injection molding; painting, as well as manual and automated assembly.
Electronic Systems
The Company designs, engineers and manufactures electronic components and sub-systems for the global automotive industry. Its capabilities include driver assistance and safety systems, engine electronics and sensors, body systems and human-machine interfaces (HMI), intelligent power systems and industrial products. The primary processes involved in the manufacture of electronics products include surface mount placements of electronic components on printed circuit boards, as well as manual and automated assembly of electronic modules.
Exterior Systems
Magna designs, engineers and ma! nufacture! s various exterior components and systems for the global automotive and commercial truck product markets. Its capabilities include front and rear fascia systems, class a composite panels, structural components, sealing systems, modular systems, under hood and underbody components, exterior trim, engineered glass and sheet molding compound material. It utilizes a number of different technologies and processes in connection with these products, including molding technologies, such as injection molding, structural reaction injection, reaction injection, compression and thermoset molding; metal forming processes, such as metal stamping, roll forming, tube forming and stretch bending; extrusion processes, such as co-extrusion, thermoset and thermoplastic extrusion; and finishing processes, including painting, hardcoating, chrome plating, vacuum metallization and anodizing, and manual and automated assembly and sequencing.
Powertrain Systems
Magna designs, engineers and manufactures powertrain systems and components for the global automotive industry. Its capabilities are driveline systems, fluid pressure systems, metal-forming solutions and engineering services and system integration. It employs a variety of different manufacturing capabilities and processing technologies in its powertrain operations, including metal die-forming; flow-forming; stamping and spinning; synchronous roll-forming; die-spline rolling; precision-heavy stamping; fineblanking; aluminum die casting and precision machining; magnesium machining; plastic injection molding and plastic welding; soft and hard processing of gear wheels and shafts; rotary swaging; hardening; laser welding; manual and automated assembly, and end-of-line testing.
The Company y conducts some of its powertrain operations through joint ventures, including a non-controlling, 76.7% equity partnership interest in the Litens Automotive Partnership, which is a supplier of drive subsystems and components. Product offerings include! accessor! y drive systems and products, including auto tensioners and idlers, overrunning alternator decoupler assemblies, Torqfiltr crankshaft vibration control technology, isolating crank pulley assemblies and clutched waterpump pulleys and assemblies; timing drive systems and products, including tensioners (both for belt and chain) and idlers, SmartSprocket tuned sprockets and clutched waterpump pulleys and assemblies, and other specialty products, including vehicle start/stop subsystems. Litens has manufacturing operations in North America (Canada), Europe (Germany) and Rest of World (China, Brazil and India).
Roof Systems
The Company designs, engineers and manufactures vehicle roof systems for the global automotive industry. Its capabilities are retractable hard tops, soft tops and sliding folding and modular roofs.
Vehicle Engineering and Contract Assembly
Magna provides components, systems and vehicle engineering and contract vehicle assembly services for the automotive industry. It is also the brand-independent assembler of complete vehicles and an engineering and manufacturing partner in the field of fuel systems. Its capabilities include engineering services, contract manufacturing and fuel systems. Processes employed in its vehicle engineering and contract assembly operations include manual and automated welding; bonding and riveting; manual and automated painting/coating (dipped and sprayed) and sealing, as well as manual and automated assembly.
Hybrid and Electric Vehicles/Systems
Magna develops, manufactures and integrates hybrid and electric products and vehicle systems through E-Car Systems. Its capabilities under the Hybrid and Electric Vehicles/Systems include components, batteries and vehicle systems. Processes employed in its hybrid and electric vehicles/systems operations include manual and automated assembly; surface mount assembly; wave soldering and point-to-point solder assembly; automated servo changeover for! surface ! mount technology conveyance; stator winding, wire lead fusing, end turn blocking and lacing; rotor core assembly, magnetization and balancing; laser and ultrasonic welding, and dynamometer testing.
Tooling, Engineering and Other
Magna designs, engineers and manufactures tooling for our own use, as well as for sale to its customers. Additionally, the Company provides engineering support services, independent of particular production programs on which it may have production sales.
Advisors' Opinion:- [By Louis Navellier]
I know I picked on Tesla (TSLA) earlier, but that doesn’t mean all auto stocks are ridiculously overvalued.�Magna International (MGA) is looking great right now and joining this auto parts supplier on the Buy List is Toyota (TM), my third and final buy recommendation for the month of November.
- [By Louis Navellier]
Magna International (MGA) provides services ranging from vehicle engineering and assembly to production of exterior trim and building interior door panels to the leading auto manufacturers. As car sales have rebounded since the depths of the recession, this company has been a major beneficiary. Its most recent earnings report saw profits grow 34% year over year, exceeding analyst estimates by more than 30%.
- [By Jake L'Ecuyer]
Magna International (NYSE: MGA) was also up, gaining 2.86 percent to $91.67 after the company reported a 31% rise in its fourth-quarter profit and lifted its dividend.
Top 10 Safest Stocks For 2014: Orion Marine Group Inc(ORN)
Orion Marine Group, Inc. operates as a marine specialty contractor serving the heavy civil marine infrastructure market. The company provides a range of marine construction and specialty services on, over, and under the water along the Gulf Coast, the Atlantic Seaboard, the West Coast, Canada, the Caribbean Basin, and the Pacific Northwest. The company?s marine construction services include construction of marine transportation facilities, marine pipelines, bridges and causeways, and marine environmental structures. Its marine transportation facility construction projects comprise public port facilities for container ship loading and unloading; cruise ship port facilities; private terminals; recreational use marinas and docks; and other marine-based facilities. Orion Marine Group?s marine pipeline service projects consist of the installation and removal of underwater buried pipeline transmission lines; installation of pipeline intakes and outfalls for industrial facilities ; construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; and creation of hot taps and tie-ins. Its bridge and causeway projects include the construction, repair, and maintenance of bridges and causeways, as well as the development of fendering systems in marine environments; and marine environmental structure projects primarily comprise the installation of concrete mattresses to ensure erosion protection, and the installation of geotubes for wetlands and island creation. In addition, the company offers dredging services; specialty services, including salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair; and survey services comprising surveying pipelines and performing hydrographic surveys. Its customers include federal, state, and municipal governments, as well as private commercial and industrial enterprises. The company was founded in 1994 and is headquartered in Houst on, Texas.
Advisors' Opinion:- [By Seth Jayson]
When judging a company's prospects, how quickly it turns cash outflows into cash inflows can be just as important as how much profit it's booking in the accounting fantasy world we call "earnings." This is one of the first metrics I check when I'm hunting for the market's best stocks. Today, we'll see how it applies to Orion Marine Group (NYSE: ORN ) .
Top 10 Safest Stocks For 2014: ING US Inc (VOYA)
ING U.S., Inc., incorporated on April 7, 1999, is a retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States. The Company offers its products and services through a group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists throughout the United States. The Company operates its principal businesses through three business lines: Retirement Solutions, Investment Management and Insurance Solutions. In addition, it also has closed Blocks and corporate reporting segments. Closed Blocks consists of three businesses where it has placed its portfolios in run-off-Closed Block Variable Annuity, Closed Block Institutional Spread Products and Closed Block Other. The Company�� corporate segment includes its corporate activities and corporate-level assets and financial obligations.
Retirement Solutions
The Company is a provider of retirement services and products in the United States. The Company provides a product range addressing both the accumulation and income distribution needs of customers, through a distribution footprint of nearly 2,500 affiliated representatives and thousands of non-affiliated agents and third party administrators (TPAs). The Company�� Retirement Solutions business consists of two financial segments: Retirement and Annuities.
Retirement provides tax-deferred, employer-sponsored retirement savings plans and administrative services to more than 49,000 plan sponsors covering approximately 5.3 million plan participants in corporate, education, healthcare and government markets. Retirement also provides rollover IRAs, and other retail financial products as well as comprehensive financial advisory services to individual customers. Annuities provide fixed and indexed annuities, tax-qualified mutual fund custodial products and payout annuities for pre-retirement wealth accumulation and post-retirement i! ncome management sold through multiple channels.
Investment Management
The Company is a service asset manager delivering client-oriented investment solutions and advisory services. The Company serves both individual and institutional customers, offering them domestic and international fixed income, equity, multi-asset and alternative investment products and solutions across a range of geographies, investment styles and capitalization spectrums.
Insurance Solutions
The Company is a provider of life insurance in the United States. The Company�� Insurance Solutions business consists of two financial segments: Individual Life and Employee Benefits. Individual Life provides wealth protection and transfer opportunities through universal, variable, and term products, distributed through independent channels to meet the needs of a range of customers from the middle-market through affluent market segments. Employee Benefits provides stop loss, group life, voluntary employee-paid and disability products to mid-sized and large businesses.
Closed Blocks
The Company separated its Closed Block Variable Annuity and Closed Block Institutional Spread Products segments from its other operations, placing them in run-off, and made a strategic decision to stop actively writing new retail variable annuity products with substantial guarantee features and to run-off the institutional spread products portfolio over time. The Company�� focus in managing its Closed Block Variable Annuity segment is on protecting regulatory reserves.
The Company competes with Fidelity, Vanguard, Morgan Stanley Smith Barney, Bank of America Merrill Lynch, TIAA-CREF and Ameriprise.
Advisors' Opinion:- [By Jessica Alling]
The life and retirement segments at Genworth Financial (NYSE: GNW ) , Hartford Finanical (NYSE: HIG ) , and ING (NYSE: VOYA ) were among 11 insurers slapped with a new settlement for unpaid benefits. In the video below, Motley Fool contributor Jessica Alling discusses how the insurers misconduct lead to unpaid monies, how much the settlement is, and how investors should be looking at the situation.
- [By Jay Jenkins]
In the video below, Motley Fool contributor Jay Jenkins highlights three banks that are ahead of the curve:�Citigroup (NYSE: C ) , Bank of America (NYSE: BAC ) , and Capital One's (NYSE: COF ) 360 product (originally developed by ING U.S. (NYSE: VOYA ) ).
- [By Mike Deane]
On Friday, Dutch company ING Groep announced that it will be selling off shares in the American arm of its firm, ING US Inc (VOYA).
VOYA went public in May of this year, and its Dutch parent company currently holds a stake in 71% of the company. ING US will rebrand as Voya Financial, according to the Associated Press. ING Groerp did not disclose the timing or size of the sale.
VOYA shares were down 48 cents, or 1.62%, at market close on Monday. YTD the company’s stock is up over 44%.
- [By Ben Levisohn]
The portfolio does have its biases. It owns companies that have exposure to the U.S. economy–and limits those with exposure to Europe and energy. The picks also appear to point towards a pickup in spending by middle-income families, as companies like J.C. Penney (JCP), which�Peery called a buy at the $7 level, figure prominently. Other stocks include Valspar (VAL), Pilgrim’s Pride (PPC) and Voya Financial (VOYA).
Top 10 Safest Stocks For 2014: G-III Apparel Group Ltd (GIII)
G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of apparel, including outerwear, dresses, sportswear, women�� suits and women�� performance wear, as well as luggage and women�� handbags, small leather goods and cold weather accessories. It operates in three segments: wholesale licensed products, wholesale non-licensed products and retail operations. The wholesale licensed products segment includes sales of products under brands licensed by it from third parties. The wholesale non-licensed products segment includes sales of products under its own brands and private label brands. The retail operations segment consists almost entirely of the operations of its Wilsons outlet stores. The Company sells its products under its own brands, which include Andrew Marc, Marc New York and Marc Moto, licensed brands and private retail labels. In August 2012, the Company acquired Vilebrequin, a provider of swimwear, accessories and resort-wear. Effective November 4, 2013, G-III Apparel Group Ltd acquired GH Bass & Co.
The Company provides apparel under recognized brands to a cross section of retailers, such as Macy��, Bloomingdale��, Nordstrom, Lord & Taylor, The Bon-Ton Stores, Dillards, JC Penney, Belk and Kohl��. As of January 31, 2012, the Company operated 139 retail stores, of which 135 are outlet stores operated under the Wilsons Leather name and four are outlet stores operated under its Andrew Marc brand. It has licenses to produce branded fashion apparel under the Calvin Klein, Kenneth Cole, Cole Haan, Guess?, Tommy Hilfiger, Levi��, Dockers, Jessica Simpson, Ellen Tracy, Kensie, Mac & Jac, Jones New York, Sean John and Nine West brands, among others. It also has sports licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, Touch by Alyssa Milano and over 100 United States colleges and universities. G-III sells outerwear, dresses and handbags under the Company�� own Andrew Marc, Marc ! New York and Marc Moto brands and has licensed these brands to select third parties in certain product categories. Its other owned brands include, among others, Jessica Howard, Eliza J, Black Rivet, G-III, G-III Sports by Carl Banks and Winlit.
The Company works with a group of retailers, such as JC Penney, Kohl�� and Express in developing private label product lines. G-III�� products are sold primarily to department, specialty and mass merchant retail stores in the United States. It sells to approximately 2,400 customers, ranging from national and regional chains to small specialty stores. It also distributes its products through its retail outlet stores. It also markets its products in Canada, Europe and the Far East.
G-III�� branded apparel also consists of both women�� and men�� products. The Andrew Marc line of women�� and men�� luxury apparel is sold to upscale department and specialty retail stores. The Marc New York line of women�� and men�� better priced outerwear is sold to upper tier stores. The Marc Moto line is a men�� denim lifestyle collection of sportswear and accessories. The Jessica Howard label is a moderate price dress line that sells to department stores, specialty stores and catalogs. Eliza J is a better dress line that sells to better department and specialty stores. The Black Rivet line of apparel consists of women�� and men�� outerwear. It sells men�� sports-related apparel under its G-III Sports by Carl Banks label.
Advisors' Opinion:- [By alicet236]
G-III Apparel Group Ltd. (GIII): CEO, 10% Owner Morris Goldfarb Sold 200,000 Shares
CEO, 10% Owner of G-III Apparel Group Ltd. (GIII) Morris Goldfarb sold 200,000 shares on 01/14/2014 at an average price of $70.9. G-III Apparel Group Ltd is a Delaware corporation that was formed in 1989. G-III Apparel Group Ltd. has a market cap of $1.46 billion; its shares were traded at around $71.45 with a P/E ratio of 20.60 and P/S ratio of 0.91. G-III Apparel Group Ltd. had an annual average earnings growth of 22.20% over the past 10 years. GuruFocus rated G-III Apparel Group Ltd. the business predictability rank of 3.5-star.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on G-III Apparel Group (Nasdaq: GIII ) , whose recent revenue and earnings are plotted below. - [By Louis Navellier]
G-III Apparel LTD (GIII) makes and sells women�� and men�� apparel in the United States. The company offers products under several brand names including Andrew Marc, Jessica Howard, G-III, and Siena Studio. It also has 139 retail stores comprising 135 outlet stores under the Wilsons Leather name and four outlet stores under the Andrew Marc brand.
Top 10 Safest Stocks For 2014: Scripps Networks Interactive Inc(SNI)
Scripps Networks Interactive, Inc. operates as a lifestyle content company in the United States and internationally. It engages in the operation of television networks, including Home and Garden Television, Food Network, Travel Channel, DIY Network, Cooking Channel, and Great American Country. The company also operates Websites, including FoodNetwork.com, Food.com, CookingChannelTV.com, HGTV.com, DIYnetwork.com, and Travelchannel.com that are associated with its television networks and other Internet-based businesses serving food, home, and travel related categories. Scripps Networks Interactive, Inc. is headquartered in Knoxville, Tennessee.
Advisors' Opinion:- [By Will Ashworth]
Next Page
Top Potential Buyouts: #2, Scripps Networks Interactive (SNI)/AMC NetworksIn February, I discussed potential buyouts that could take place within the cable industry. One of the scenarios I mentioned was a merger between Scripps Networks Interactive (SNI) and AMC Networks (AMCX). The combined entity would have three of the top cable networks in terms of viewership with AMC, HGTV and Food Network. Both companies are family-controlled, so any deal would require the support of both the Dolans (AMC) and Scripps (HGTV, Food Network).
- [By Will Ashworth]
Somebody will buy Scripps Networks Interactive (SNI), given that HGTV and Food Network are both in the top 20. It looked momentarily like Discovery Communications (DISCA) might be the suitor, but the company backed out of talks this past week, preferring to focus on overseas expansion.
- [By Sara Hov]
Scripps Networks Interactive (NYSE: SNI ) looks stronger than ever after a great first quarter.�
While most cable networks experienced a dip in viewership largely because of the Olympics, Scripps' popular channels -- including HGTV, Food Network, and Travel Channel -- actually increased viewership numbers, especially in the key 25- to 54-year-old demographic advertisers covet.
- [By Tim Beyers]
You probably don't know Ken Lowe. Why should you? He's the CEO of Scripps Network Interactive (NYSE: SNI ) , a five-year-old entertainment holding company that tends to keep clear of controversy. Or at least it used to.
Top 10 Safest Stocks For 2014: U.S. Dollar Index(DX)
Dynex Capital, Inc. operates as a mortgage real estate investment trust (REIT). It invests in residential and commercial mortgage-backed securities issued or guaranteed by a federally chartered corporation, non-agency mortgage-backed securities, and securitized mortgage loans, as well as unsecuritized single-family and commercial mortgage loans. The company finances its investments through a combination of repurchase agreements, and non-recourse collateralized financing, such as securitization financing Dynex Capital, Inc. has qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1987 and is based in Glen Allen, Virginia.
Advisors' Opinion:- [By Eric Volkman]
Dynex Capital (NYSE: DX ) is maintaining its dividend. The company on Thursday declared a Q2 common stock distribution of $0.29 per share to be paid on July 31 to shareholders of record as of June 28.
Top 10 Safest Stocks For 2014: Alliance One International Inc (AOI)
Alliance One International, Inc., incorporated on October 19, 1994, is a leaf tobacco merchant. The Company is engaged in purchasing, processing, packing, storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products globally. The Company deals primarily in flue-cured, burley, and oriental tobaccos that is used in international brand cigarettes. The Company�� revenues are primarily comprised of sales of processed tobacco and fees charged for processing and related services to these manufacturers of tobacco products. The Company does not manufacture cigarettes or other consumer tobacco products.
Tobacco is primarily purchased directly from suppliers with small quantities still sold at auction. In non-auction markets, the Company purchases tobacco directly from suppliers and the Company assumes the risk of matching the quantities and grades required by its customers to the entire crop it must purchase under contract. The Company purchases tobacco in more than 35 countries. During the year ended March 31, 2013 (fiscal 2013), approximately 30% of the Company�� purchases of tobacco were from the South America operating segment, approximately 5% were from the Value Added Services operating segment and approximately 65% from the Other Regions operating segment.
The Company processes tobacco to meet each customer's specifications as to quality, yield, chemistry, particle size, moisture content and other characteristics. Unprocessed tobacco is a semi-perishable commodity that generally must be processed within a relatively short period of time to prevent fermentation or deterioration in quality. The Company processes tobacco in more than 35 owned and third-party facilities around the world including Argentina, Brazil, China, Zimbabwe, Jordan, Guatemala, India, Tanzania, the United States, Malawi, Thailand, Germany, Indonesia, Macedonia, Bulgaria and Turkey. These facilities encompass all export locations of flue-cured, burley and oriental tobaccos! . In addition, the Company has entered into contracts, joint ventures and other arrangements for the purchase of tobacco grown in substantially all other countries that produce export-quality flue-cured and burley tobacco. The Company also sells a small amount of processed but unthreshed flue-cured and burley tobacco in loose-leaf and bundle form to certain customers. In 2013, Alliance One delivered approximately 41% of its tobacco sales to customers in Europe and approximately 19% to customers in the United States. In 2013, these Belgium sales accounted for 20% of sales to customers in Europe. The Company ships tobacco to manufacturers of cigarettes and other consumer tobacco products located in approximately 90 countries around the world as designated by these manufacturers.
The Company competes with Japan Tobacco, Inc. (JTI), Philip Morris International, Inc. (PMI), and Imperial Tobacco Group PLC.
Advisors' Opinion:- [By John Emerson]
As noted previously, I rode the elevator up and then back down on Camtek (CAMT), a tiny Israeli automated optical inspection (AOI) company. By late 2008 the company had fallen to below $1 per share. Both of Camtek�� larger rivals, RTEC and ORBK, had dropped to absurdly low levels by November 2008. I used the opportunity to switch out of CAMT and some of my other losing propositions in favor of these superior companies. In the process, I created a large amount of tax loss carry-forwards which would allow me to minimize my future taxation when I decided to sell these cyclical entities.
- [By John Emerson]
Camtek was an automated optical inspection (AOI) company that designed and manufactured inspection systems for printed circuit boards (PCB). Further, they were in the process of designing systems to inspect semiconductors as well. The logic for investing in AOI companies was simple: Many circuit boards still employed visual inspection and circuits were getting smaller every year.
- [By Sally Jones] ng>Predictability: 1 out of 5 Stars
Down 12% over 12 months, Alliance One International Inc. has a market cap of $251.53 million; its shares were traded at around $2.86, which is 2.4% above its 52-week low. The P/E ratio is 65.10, and the P/B ratio is 0.80.
Alliance One is a tobacco leaf supplier serving the world's largest cigarette manufacturers. The company purchases, processes, packs, stores and ships tobacco to manufacturers of cigarettes and other consumer tobacco products throughout the world. Alliance One deals mainly in tobacco types used in international brand cigarettes. As a tobacco leaf merchant, Alliance One purchases tobacco grown in over 45 countries and serves cigarette manufacturers in over 90 countries.
The company reported financial results for the quarter ended June 30, 2013, with a net loss of $36.9 million, down further from a net loss in the same quarter last year of 30.7 million. The net loss translates to $(0.42) per basic share for the reporting quarter.
Historical share pricing, revenue and net income:
[ Enlarge Image ]
Guru Action: As of June 30, 2013, Seth Klarman holds 7,669,969 shares, valued at $29.14 million, and weighting his portfolio at 0.72%. In the second quarter, he sold 461,625 shares at an average price of $3.74 for a loss of 23.5%.
In six quarters of double-digit losses, Klarman has averaged a loss of 31% on 5,800,000 shares bought at an average price of $4.17 per share. He has averaged a loss of 38% on 1,798,473 shares sold at an average price of $4.59 per share.
Seth Klarman is one of six gurus holding AOI as of June 30, 2013, and there is recent insider trading.
Kinross Gold Corporation (KGC)
Predictability: 1 out of 5 Stars
Down 54% over 12 months, Kinross Gold Corporation has a market cap of $5.32 billion; its shares were traded at around $4.66, 2.8% above its 52-week low. The P/B ratio is 0.80. The dividend yield is 3.44%.
Kinross Gold Corporati
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