Plenty of people talk about "endpoint sensitivity," but oftentimes they miss half the story. That is, in a data series there are really two endpoints��he last one and the first one. As standardized one-year, three-year, and five-year periods roll along, people focus great attention on the most recent month and tend to forget about the month that "goes away." Making this mistake in 2014 could prove harmful when examining five-year returns.
Below are some recent returns for Ariel Fund. One reason we have selected our flagship mutual fund for this illustration is because its relative performance recently has been quite stable. Over the five years ended February 28th, 2014, it was the top-performing fund in Morningstar's Mid-Cap Blend category. It remained on top for the five-year period as of March 31* . At first glance, however, its absolute returns look like they changed a lot in one month:
Here is how the five-year return as of Fe bruary 28, 2014, can be seen: it started wi th a +13.14% return in March 2009, then ha d 59 months that totaled a +278.06% cumulative return. Together that made for a +327.75% cumulative return due to the wonder of compounding. Four weeks later, you have a +278.06% 59 -month gain and then a -0.83% loss, which comes out to a +274.92% cumulative return. Were this simply a one-month phenomenon, we would not spend so much time on the topic. It is very far indeed from a one- month event. Below are the monthly return s for Ariel from the last nine months of 2009��hese are the months that will "go away" from the front-end of the five-yea r return as we progress through 2014.
10 Best Income Stocks To Invest In 2015: International Speedway Corporation(ISCA)
International Speedway Corporation, together with its subsidiaries, promotes motorsports themed entertainment activities in the United States. The company?s motorsports themed event operations consist of racing events at its motorsports entertainment facilities. Its motorsports entertainment facilities promoted approximately 100 stock car, open wheel, sports car, truck, motorcycle, go-kart racing, and other racing events. The company is also involved in souvenir merchandising operations; food and beverage concession operations; the provision of catering services in suites and chalets; creation of motorsports-related programming content, including national satellite radio service; the usage of its track facilities for testing for teams, driving schools, riding experiences, car shows, auto fairs, concerts and settings for television commercials, print advertisements, and motion pictures; and rents show cars for promotional events. As of November 30, 2011, it owned and/or op erated 13 motorsports entertainment facilities. The company was formerly known as Daytona International Speedway Corporation and changed its name to International Speedway Corporation in 1968. International Speedway Corporation was founded in 1953 and is headquartered in Daytona Beach, Florida.
Advisors' Opinion:- [By Laura Brodbeck]
Earnings Expected: International Speedway Corporation (NASDAQ: ISCA), WD-40 Company (NASDAQ: WDFC), Alcoa Inc. (NYSE: AA)
Economic Releases Expected: French trade balance, British industrial production, British manufacturing production, Canadian housing starts, US redbook
- [By Laura Brodbeck]
Thursday
Earnings Expected From: Constellation Brands Inc (NYSE: STZ), International Speedway Corporation (NASDAQ: ISCA) Economic Releases Expected: Services PMI from Spain, France, Germany, the UK, the eurozone, and China; and eurozone retail salesFriday
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, motorsports entertainment promoter International Speedway (NASDAQ: ISCA ) has earned a coveted five-star ranking.
Top Performing Stocks To Watch For 2014: InterDigital Inc.(IDCC)
Interdigital, Inc. engages in the design and development of digital wireless technology solutions. The company offers technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE 802-related products and networks. It holds patents related to the fundamental technologies that enable wireless communications. The company licenses its patents to equipment producers that manufacture, use, and sell digital cellular and IEEE 802-related products; and licenses or sells mobile broadband modem solutions, including modem IP, know-how, and reference platforms to mobile device manufacturers, semiconductor companies, and other equipment producers that manufacture, use, and sell digital cellular products. InterDigital?s solutions are incorporated in various products comprising mobile devices, such as cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment, such as base stations; and components, dongles, and modules for wireless devices. The company was founded in 1972 and is headquartered in King of Prussia, Pennsylvania.
Advisors' Opinion:- [By Jason Shubnell]
InterDigital (NASDAQ: IDCC) shot up 5.78 percent to $30.38 as the company and Huawei reached a settlement pact.
Shares of Tesla Motors (NASDAQ: TSLA) got a boost, shooting up 6.48 percent to $152.85 after the NHTSA reaffirmed the Model S 5-star safety rating in 2014.
Top Performing Stocks To Watch For 2014: Cash America International Inc.(CSH)
Cash America International, Inc. provides specialty financial services to individuals primarily in the United States and Mexico. The company operates in three segments: Pawn Lending, Cash Advance, and Check Cashing. The Pawn Lending segment offers pawn loans through its pawn lending locations, which operate under the names Cash America Pawn and SuperPawn in the United States, and Prenda Facil in Mexico. This segment also sells previously-owned merchandise acquired from customers who do not redeem their pawned goods, as well as sells items purchased from third-parties or customers. The Cash Advance segment offers unsecured cash advances in selected lending locations that are operated under the names Cash America Payday Advance and Cashland in the United States; and short-term cash advances over the Internet under the names CashNetUSA in the United States, QuickQuid in the United Kingdom, and DollarsDirect in the Canada and Australia. This segment also involves in arranging loans for customers with independent third-party lenders through a credit services organization program; providing marketing and loan processing services for a third-party bank issued line of credit on certain stored-value debit cards that the bank issues; and purchasing a participation interest in certain line of credit receivables originated by the bank. The Check Cashing segment provides check cashing and other financial services, such as stored-value cards, money orders, and money transfers. This segment operates its check cashing locations under the Mr.Payroll name. As of December 31, 2009, it operated 676 pawn lending locations, including 667 company-owned units and 9 unconsolidated franchised units; 246 cash advance locations; and 120 unconsolidated franchised and 6 consolidated company-owned check cashing locations. The company was founded in 1984 and is headquartered in Fort Worth, Texas.
Advisors' Opinion:- [By Jake L'Ecuyer]
Shares of Cash America International (NYSE: CSH) got a boost, shooting up 9.22 percent to $42.05 after the company reported that it is planning to evaluate separation of online business.
- [By Ben Levisohn]
Upgrades had a big impact on stocks today. Wendy’s (WEN), for instance, gained 4.5% to $8.62 after being upgraded to Buy at Argus, while Cash America (CSH) advanced 3.7% to $44.32 after being upgraded to Market Outperform from Market Perform at JMP Securities. Walgreen (WAG) proved the big winner in the S&P 500 after�Goldman Sachs called the stock a Conviction Buy.
- [By Ben Levisohn]
Shares of World Acceptance Corporation have plunged 19% to $79.19 at 3:43 p.m.–and dragged down anything remotely connected to payday lending. Cash America International (CSH) has dropped 7.8% to $39.35, pawn-shop operator EZCorp (EZPW) has fallen 3.7% to $12.33, and wire-transfer companies Western Union (WU) and MoneyGram International (MGI) have fallen 2.6% and 5.8%, respectively.
- [By Monica Gerson]
Cash America International (NYSE: CSH) is expected to report its Q3 earnings at $0.81 per share on revenue of $443.67 million.
Mead Johnson Nutrition Company (NYSE: MJN) is estimated to report its Q3 earnings at $0.80 per share on revenue of $998.82 million.
Top Performing Stocks To Watch For 2014: Camden Property Trust (CPT)
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, acquisition, and construction of multi-family apartment communities. As each of its communities has similar economic characteristics, residents, amenities, and services, its operations have been aggregated into one segment.
In April 2011, it sold one of its land parcels to one of the Funds. In June 2011, it sold another land parcel to the Fund. In August 2011, the Company acquired 30.1 acres of land located in Atlanta, Georgia. In December 2011, it acquired 2.2 acres of land in Glendale, California. During the year ended December 31, 2011, it sold two properties consisting of 788 units located in Dallas, Texas. During 2011, the Funds acquired 18 multifamily properties totaling 6,076 units located in the Houston, Dallas, Austin, San Antonio, Tampa and Atlanta. In January 2012, one of the Funds acquired one multifamily property consisted of 350 units located in Raleigh, North Carolina.
As of December 31, 2011, the Company owned interests in, operated, or were developing 206 multifamily properties comprising 69,794 apartment homes across the United States. Of these 206 properties, 10 properties were under development. In addition, it owns land parcels, which it focuses on developing into multifamily apartment communities.
Advisors' Opinion:- [By Michael Lewis]
Take Camden Property Trust (NYSE: CPT ) , for example. The stock is up around 16% over two years -- respectable, but incongruent with the industry trends. Since 2010, operating cash flow has increased more than 30%. The company pays a 3.5% dividend and trades at 16.5 times projected one-year earnings. For comparison, Lennar trades at 18 times earnings, while KB Homes trades at more than 20 times forward earnings.
Top Performing Stocks To Watch For 2014: Aceto Corporation(ACET)
Aceto Corporation engages in the sourcing, regulatory support, marketing, and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products, and specialty chemicals worldwide. The company operates in three segments: Health Sciences, Specialty Chemicals, and Agricultural Protection Products. The Health Sciences segment supplies raw materials used in the production of nutritional and packaged dietary supplements, including vitamins, amino acids, iron compounds, and bio chemicals used in pharmaceutical and nutritional preparations. The Specialty Chemicals segment provides various chemicals used in plastics, surface coatings, textiles, fuels, and lubricants; organic intermediates used in the production of agrochemicals; and dye and pigment intermediates used in the color-producing industries, such as textiles, inks, paper, and coatings. This segment also offers diazos and couplers to the paper, film, and electronics industries. The Agricultural Protection Products segment sells herbicides, fungicides, insecticides, and other agricultural chemicals that control weed growth, as well as control the spread of insects and other microorganisms that can damage plant growth. This segment also provides sprout inhibitor for potatoes and an herbicide for sugar cane. It serves pharmaceutical, nutraceutical, agricultural, coatings, and industrial chemical consuming industries. Aceto Corporation was founded in 1947 and is headquartered in Port Washington, New York.
Advisors' Opinion:- [By Louis Navellier]
Portfolio Grader has noted the strong fundamentals and upgraded HII stock to an “A” last month, making it a strong buy consideration at current prices.
Aceto (ACET)Aceto (ACET) sources and sells the ingredients for pharmaceutical products. ACET operates in three divisions:
Top Performing Stocks To Watch For 2014: Samsung Electronics Co Ltd (SSNLF.PK)
Samsung Electronics Co., Ltd. mainly engaged in the production of consumer electronic products. It operates in two divisions: DMC division, which is divided into consumer electronics (CE) and information technology & mobile communications (IM) businesses, as well as DS division, which is divided into semiconductor and liquid crystal display (LCD) businesses. Its CE business engages in the production of color televisions (CTVs), monitors, air conditioners, refrigerators and others. Its IM business engages in the production of printers, computers, handhold phones (HHPs) such as feature phones, smart phones and others, and network systems, among others. Its semiconductor business engages in the production of semiconductors, such as memories, system large scale integrated circuits (LSIs) and others. Its LCD business engages in the production of thin film transistor (TFT) LCDs and organic light-emitting diodes (OLEDs), among others.
Advisors' Opinion:- [By Justin Jaynes]
A few days ago, I would have probably said when the Xbox 1 or PS4 launch. Now I'm changing my guess to the end of this month (source: PCWorld.com). According to PC World, Samsung's (SSNLF.PK) Ativ 9 Lite will start reaching customers on "July 28th." Based on conflicting reports between many tech sites, my initial thought was that Samsung would simply launch different flavors of SKUs. Now, according to articles such as the PC World article I am quoting, it is now described as a custom designed chip.
- [By Markman Advisors]
The preferred embodiment disclosed in the '043 patent is smart-cards. For that reason, the obvious targets for OTIV to pursue for patent infringement would be the major credit card companies. However, these companies appear to presently be some of OTIV's major customers, which most likely means they have already taken a license to some, if not all, of OTIV's patents directed to smart-cards. Accordingly, if OTIV brings additional infringement actions, we expect them to be against competitors of T-Mobile in the market for smartphones, such as AT&T (T), Verizon (VZ), or others. Device manufacturers such as Samsung (SSNLF.PK), HTC (HTCKF.OB), Nokia (NOK) and others may be targets as well.
- [By Sneha Shah]
Nokia's Lumia 520 is the cheapest WP 8 smartphone in the market with a price of around ~$160. This phone has been one of the most popular smartphones in this category, given the number of features at this price range. The phone has a good 4.3 inch screen size with free Windows office and HERE maps. The design and looks are extremely good compared to the cheap plastic found on Android phones. The Lumia 620 is the second cheapest Lumia with a price of ~$220. Now Nokia has made buying these phones even more attractive by allowing exchange schemes for these smartphones. Note most of the other major smartphone sellers such as Apple, Samsung (SSNLF.PK) and Blackberry have already come out with smartphone exchange schemes. These are nothing but disguised discounting schemes to promote sales. Nokia too has joined the bandwagon and now you can buy a Nokia 520 for only ~$120. This makes the WP 8 phone highly competitive with the cheapest Android which sells at ~$80-100. The value proposition of the 520 is much higher than these Androids in my view and 520 sales should surge.
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