Just a few days ago, I singled out OLED technologist Universal Display (NASDAQ: OLED ) as one of two stocks to buy for its massive upside over the next five years.
As I noted then, while the stock currently trades for more than 140 times trailing earnings, it's forward price-to-earnings ratio of 20.3 reflects analysts' unrivaled optimism for its future prospects. Of course, you can't blame them for that optimism, given Universal's near monopoly as both a supplier of OLED materials, and the patent owner behind the key intellectual property driving phosphorescent OLED displays.
As a result, Universal Display stands to benefit from every device with an OLED screen, including devices like Nokia's�Lumia smartphones, millions of Samsung Galaxy series phones and tablets, and�soon-to-be-launched large screen OLED TVs from Samsung, LG, Sony, and Panasonic. If that weren't enough, companies including LG, Philips,�Konica Minolta, and GE�are also pushing hard to develop high-efficiency solid state OLED lighting solutions, which are not only cool to the touch, but also offer steady, even light, and an incredible range of options for design.
Top Industrial Disributor Companies To Watch For 2016: Sanmina-SCI Corporation(SANM)
Sanmina-SCI Corporation provides integrated electronics manufacturing services worldwide. It offers product design and engineering services, including initial development, detailed design, prototyping, validation, preproduction, and manufacturing design; volume manufacturing of complete systems, components, and subassemblies; final system assembly and testing services; direct order fulfillment and logistics services; and after-market product service and support services. The company also manufactures various system components and subassemblies consisting of printed circuit boards, printed circuit board assemblies, backplanes and backplane assemblies, enclosures, cable assemblies, precision machine components, optical components and modules, and memory modules. It provides its services to original equipment manufacturers primarily in the communication, enterprise computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medica l, clean technology, and automotive industries. The company was founded in 1980 and is based in San Jose, California.
Advisors' Opinion:- [By Seth Jayson]
Sanmina (Nasdaq: SANM ) reported earnings on April 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 30 (Q2), Sanmina met expectations on revenues and beat expectations on earnings per share. - [By John Kell var popups = dojo.query(".socialByline .popC"); popups.forEach(func]
Shares of Sanmina Corp.(SANM) jumped in after-hours trading Tuesday as the electronics manufacturer posted better-than-expected results for the fiscal second quarter. Sanmina also issued rosy outlook targets for the current quarter, pushing shares up 9.5% to $20 premarket.
Top Gas Utility Companies To Buy Right Now: Agrium Inc.(AGU)
Agrium Inc., together with its subsidiaries, produces and markets agricultural nutrients, industrial products, and specialty products worldwide, as well as involves in the retail supply of agricultural products and services in North and South Americas. The company?s Retail segment markets crop nutrient products, including nitrogen, phosphate, potash, sulphur, and micronutrients; crop protection products, such as herbicides, fungicides, adjuvants, and insecticides; and seeds. This segment also offers agronomic services, as well as product application, soil and leaf tissue testing and analysis, and crop scouting services. This segment operates 1,192 outlets in the United States, Canada, Australia, Argentina, Chile, and Uruguay. The company?s Wholesale segment produces, markets, and distributes nitrogen, phosphate, potash, sulphate, and other crop nutrient products for agricultural and industrial customers. This segment also owns and operates facilities that upgrade ammonia t o other nitrogen products, such as urea, nitric acid, and ammonium nitrate, as well as provides Rainbow plant food products. Agrium?s Advanced Technologies segment produces and markets controlled-release crop nutrients and micronutrients for the agriculture, specialty agriculture, professional turf, horticulture, and consumer lawn and garden markets. The company was formerly known as Cominco Fertilizers Ltd. and changed its name to Agrium Inc. in 1995. Agrium Inc. was founded in 1931 and is headquartered in Calgary, Canada.
Advisors' Opinion:- [By Jon C. Ogg]
Agrium�Inc. (NYSE: AGU) was downgraded to Neutral from Overweight at HSBC.
Chesapeake Energy Corp. (NYSE: CHK) was downgraded to Neutral from Positive now that shares are over $25 by Susquehanna.
- [By Neha Chamaria]
Which companies are in danger?
Members of Canpotex --�PotashCorp (NYSE: POT ) , Mosaic (NYSE: MOS ) , and Agrium (NYSE: AGU ) �-- are the worst hit when India slows down potash purchases, since Canpotex controls all potash exports out of Saskatchewan, Canada. Similarly, marketing association, PhosChem handles phosphate exports from the U.S., so its two members, PotashCorp and Mosaic, bear the brunt of lower sales in that regard, too.
Top Gas Utility Companies To Buy Right Now: WPCS International Incorporated(WPCS)
WPCS International Incorporated provides design-build engineering services for communications infrastructure. The company operates in three segments: Electrical Power, Wireless Communication, and Specialty Construction. The Electrical Power segment provides electrical contracting services to help commercial and industrial facilities for upgrading power systems; and creates integrated building systems, including the installation of structured cabling systems and electrical networks, as well as supports the integration of telecommunications, fire protection, security, and HVAC. The Wireless Communication segment designs and deploys wireless network solutions comprising Wi-Fi networks, point-to-point systems, mesh networks, microwave systems, cellular networks, in-building systems, and two-way communication systems. The Specialty Construction segment offers specialty construction services for building design, such as the design and integration of mechanical, electrical, hydra ulic, and life safety systems. The company provides its services to public services, healthcare, energy, and corporate enterprise markets worldwide. WPCS International Incorporated was founded in 1997 and is headquartered in Exton, Pennsylvania.
Advisors' Opinion:- [By Monica Gerson]
WPCS International (NASDAQ: WPCS) announced the public release of beta version of its Windows-based trading platform for bitcoin traders. WPCS shares jumped 26.49% to $1.91 in the after-hours trading.
- [By Ben Eisen]
WPCS (WPCS) launched a beta version of BTX Trader, which is set to be used to gather data and execute trades on five exchanges for bitcoin, a virtual currency that has been highly volatile in recent weeks. Shares in WPCS were up 54% premarket.
- [By Barbara Kollmeyer]
Shares of WPCS International Inc. (WPCS) �were up 40% in thin premarket trading. The company said Thursday that one of its units released a software platform for bitcoin traders.
- [By Wallace Witkowski]
Shares of WPCS International Inc. (WPCS) �continued trading heavily after the bell Friday, a day when shares shot up nearly 68% to close at $2.53 after the launch of a trading platform for bitcoins. The day�� trading volume topped more than 1.5 million shares, more than triple its average regular session trading volume. Shares were down 3.2% at $2.45 after-hours at last check.
Top Gas Utility Companies To Buy Right Now: Body Central Corp.(BODY)
Body Central Corp. operates as a specialty retailer of young women's apparel and accessories in the south, mid-Atlantic, and midwest regions of the United States. The company operates specialty apparel stores under the Body Central and Body Shop banners, as well as a direct business of its Body Central catalog and e-commerce Website at bodyc.com. Its stores feature an assortment of tops, dresses, bottoms, jewelry, accessories, and shoes under Body Central and Lipstick labels. As of March 8, 2012 it operated 241 specialty apparel stores in 24 states. The company, formerly known as Body Central Acquisition Corp., was founded in 1972 and is headquartered in Jacksonville, Florida.
Advisors' Opinion:- [By Lauren Pollock]
Body Central Corp.(BODY) swung to a steeper-than-expected third-quarter loss, hurt by a sharp drop in same-store sales and gross margins, sending shares of the women’s clothing retailer down 18% to $4.60 in premarket trading.
- [By Lee Jackson]
Body Central Corp. (NASDAQ: BODY) also comes in with an off-the-charts IRR of 26%. The company reported a dreadful second quarter, which hammered the share price. Body Central operates as a specialty retailer of young women’s apparel and accessories in the South, Mid-Atlantic and Midwest regions of the United States. It operates stores under the Body Central and Body Shop banners, as well as a direct business comprising its Body Central catalog and e-commerce website at bodycentral.com. The company’s stores sell tops, dresses, bottoms, jewelry, accessories and shoes, primarily under its Body Central and Lipstick labels. The lower the share price goes, the more attractive the stock becomes. The consensus price target is $11, with the high target at $12. The stock closed Thursday at $6.43.
- [By Roberto Pedone]
Body Central (BODY) operates apparel stores and also conducts direct business via catalogues and Web site. This stock closed up 3.8% to $3.52 in Tuesday's trading session.
Tuesday's Range: $3.40-$3.55
52-Week Range: $3.09-$13.39
Tuesday's Volume: 475,000
Three-Month Average Volume: 421,188From a technical perspective, BODY trended higher here right above some near-term support at $3.21 with above-average volume. This move pushed shares of BODY into breakout territory, since the stock took out some near-term overhead resistance at $3.50. This move is also coming off oversold territory, since BODY's current relative strength index reading is 29.89. Oversold can always get more oversold, but it's also an area where a stock can experience a powerful bounce from.
Traders should now look for long-biased trades in BODY as long as it's trending above some key near-term support levels at $3.21 or at $3.09 and then once it sustains a move or close above Tuesday's high of $3.55 with volume that hits near or above 421,188 shares. If we get that move soon, then BODY will set up to re-test or possibly take out its next major overhead resistance levels at $4 to $4.50.
Top Gas Utility Companies To Buy Right Now: Perceptron Inc.(PRCP)
Perceptron, Inc. develops, produces, and sells non-contact measurement and inspection solutions in the Americas, Europe, and Asia. It offers AutoGauge systems that are used in the assembly and fabrication plants of automotive manufacturers; AutoGauge Plus, which offers freeform surface scanning and discrete feature measurement in one solution; AutoFit systems that are used in automotive manufacturing plants to contain, correct, and control the fit of exterior body panels; AutoScan systems, which provide a non-contact method of gathering data for the analysis of the surface contour of a part or product; and AutoGuide systems to calculate the difference between theoretical and actual relationships of a robot and the part being assembled, and send compensation data in six degrees of freedom to the robot. The company also offers ScanWorks, a hardware/software component set that allows customers to add digitizing capabilities to their machines or systems; ScanWorks xyz, a 3D sc anning solution designed for retrofitting 3-axis machines; ToolKit, a software solution for CMM manufacturers, system integrators, and application software developers; WheelWorks software and sensors that offer a non-contact method of measuring wheel position for use in automated or manual wheel alignment machines in automotive assembly plants; and Multi-line Sensors for use in automotive assembly plant wheel alignment systems. In addition, it manufactures visual inspection devices and accessories for the mechanical market; plumbing diagnostic equipment, meter imager systems, line detector accessories, and handheld inspection devices for the plumbing market; optical inspection devices for the construction and DIY market; and imaging solutions for the electrical market, as well as offers value-added services, including training, field services, launch support, consulting, maintenance agreements, repairs, and software tools. The company was founded in 1981 and is headquartered in Plymouth, Michigan.
Advisors' Opinion:- [By Garrett Cook]
In trading on Tuesday, industrials shares were relative leaders, up on the day by about 0.26 percent. Top gainers in the sector included Perceptron (NASDAQ: PRCP), up 10.9 percent, China Ming Yang Wind Power Group (NYSE: MY), up 4.8 percent.
Top Gas Utility Companies To Buy Right Now: Owens Corning Inc(OC)
Owens Corning engages in the provision of composite and building materials systems worldwide. It operates in two segments, Composites and Building Materials. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and manufactures and sells glass fiber products in the form of fabrics, mat, veil, and other specialized products. Its products are used in pipe, roofing shingles, sporting goods, computers, telecommunications cables, boats, aircraft, defense, automotive, industrial containers, and wind-energy applications in the power and energy, housing, water distribution, industrial, transportation, consumer, and aerospace/military markets. This segment sells its products directly to parts molders and fabricators; and glass fiber and/or glass mat directly to shingle manufacturers. The Building Materials segment manufactures and sells fiberglass insulation into residential, commercial, industrial, and other markets for thermal and acoustical applications. It also offers glass fiber pipe insulation, and energy flexible duct media and foam insulation products, such as thermal and acoustical batts, loose fill insulation, foam sheathing, and accessories for use in home construction and remodeling; and manufactures residential roofing shingles and oxidized asphalt materials used in residential and commercial construction and specialty applications. This segment sells its insulation products, and shingles and roofing accessories to insulation installers, home centers, lumberyards, retailers, distributors, and contractors; and asphalt to roofing contractors and distributors for built-up roofing asphalt systems, as well as to manufacturers in the automotive, chemical, rubber, and construction industries. Owens Corning was founded in 1938 and is headquartered in Toledo, Ohio.
Advisors' Opinion:- [By Monica Gerson]
Analysts at Bank of America downgraded Owens Corning (NYSE: OC) from ��uy��to ��eutral.��The target price for Owens Corning has been lowered from $43 to $40.
- [By Nicole Seghetti]
Let's take a closer look at three stocks Fisher recently bought, including drugmaker Gilead Sciences (NASDAQ: GILD ) , materials manufacturer Owens Corning (NYSE: OC ) , and financial services provider CapitalSource (NYSE: CSE ) .
- [By Ben Levisohn]
Note these are some of the same sequential occurrences (slowing) we saw in the recent report from Toll Brothers (TOL).� Very curious on how the stock acts today (and the entire homebuilder complex, such an Owens Corning�(OC) and Home Depot (HD)); does market focus on slowing trends that were caused by the summer rate spike (and the prospect they may continue due to worsening housing affordability) or a possibly re-acceleration in demand with mortgage rates back in check?
- [By Lee Samaha]
It's been a volatile year for the roofing industry, and over the last three months, investors have seen more downside. Roofing materials distributor Beacon Roofing Supply (NASDAQ: BECN ) is down 11.5% in the last three months, and building products manufacturer Owens Corning (NYSE: OC ) fell 5.5% in the same period -- all in a year when many commentators thought this sector would outperform.�
Top Gas Utility Companies To Buy Right Now: Euler Hermes SA (ELE)
Euler Hermes SA is a France-based credit insurance company. It offers a range of services, including loan assurance, risk assessment, trade debt collection, compensation of losses due to buyer insolvency, bonding and guarantees for companies, reinsurance of loans to individuals and fidelity insurance covering companies against financial loss caused by fraudulent acts. It operates a number of subsidiaries, including Euler Hermes SFAC, Euler Hermes ACI Holding Inc., Euler Hermes Reinsurance AG, among others. On January 1, 2012, the Company completed the simplification of its legal structure in Europe by grouping 13 of its former subsidiaries into one insurance company, Euler Hermes Europe, located in Brussels. Advisors' Opinion:- [By Sarah Jones]
Iberdrola SA (IBE), Spain�� biggest power company, fell 3.4 percent to 3.87 euros. Endesa SA (ELE) slumped 4.6 percent to 16 euros, while Acciona SA (ANA), which owns more than 4 gigawatts of wind farms in the country, tumbled 8.5 percent to 37.95 euros. Red Electrica Corp. slid 7.5 percent to 38.34 euros.
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