U.S. stock markets got back to their winning ways on the back of some positive signals for the economy. U.S. import prices fell 0.5% in April, which met expectations, and the New York Federal Reserve said the amount of debt held by households fell by $110 billion, or 1%, to $11.23 trillion. If the economy is growing, household balance sheets are improving, and unemployment is falling, that's good for stocks, which is why markets are up today. As of 3:15 p.m. EDT the Dow Jones Industrial Average (DJINDICES: ^DJI ) has gained 0.61% for the day, and the S&P 500 (SNPINDEX: ^GSPC ) is up 0.85%.
Bank of America (NYSE: BAC ) is one of the Dow's leaders, climbing 2.5% after hedge fund manager David Tepper said he owns shares and has megabanks Citigroup and JPMorgan Chase in his portfolio as well. Tepper was actually bullish on all markets, making the case that Fed asset purchases and a falling federal deficit will drive stocks higher over the next six months. The reduction in household debt didn't hurt Bank of America today, either, because one of the drivers was falling mortgage debt, which was at one time a big risk for the bank.
Top Promising Companies To Own For 2016: Cavco Industries Inc. (CVCO)
Cavco Industries, Inc. engages in the design, production, wholesale, and retail sale of manufactured homes. It also produces modular homes, which include single and multi-section/modular ranch-style dwellings; split-level homes; Cape Cod style homes; two and three story homes; and multi-family units, such as apartments and duplexes. In addition, the company manufactures park model homes and vacation cabins, as well as commercial structures, including apartment buildings, condominiums, hotels, schools, and housing for U.S. military troops. Further, it provides conforming mortgages to purchasers of factory-built and site-built homes; and property and casualty insurance to owners of manufactured homes. The company sells its products under the Cavco Homes, Fleetwood Homes, Palm Harbor Homes, and Nationwide Homes brands. As of March 31, 2012, it distributed its homes through 53 company-owned retail outlets, and a network of approximately 1,029 independent retail outlets n the U nited States, Canada, Mexico, and Japan. The company was founded in 1965 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Lisa Levin]
Manufactured Housing: This industry moved up 1.33% by 10:30 am. The top performer in this industry was Cavco Industries (NASDAQ: CVCO), which gained 1.4%. Cavco Industries' PEG ratio is 1.16.
- [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 Cavco Industries (Nasdaq: CVCO ) , whose recent revenue and earnings are plotted below.
Top 5 Healthcare Technology Companies To Invest In 2015: Health Care Select Sector SPDR (XLV)
Health Care Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Health Care Select Sector of the S&P 500 Index (the Index). The Index includes companies whose primary business may include healthcare equipment and supplies, healthcare services, biotechnology and pharmaceuticals.
The Fund utilizes a passive or indexing investment approach and attempts to invest in a portfolio of stocks that seek to replicate the Index. The Fund�� investment advisor is SSgA Funds Management, Inc.
Advisors' Opinion:- [By Hilary Kramer]
As we move closer to full implementation of the Affordable Care Act (ACA), also known as Obamacare, at the start of next year, we’re already beginning to see some impact on healthcare stocks. Since the ACA was signed into law in March 2010, the industry has performed well. The Healthcare Select Sector SPDR (XLV) has risen over 50%, slightly outpacing the rise in the S&P 500 over the same period.
- [By John Udovich]
Small cap BioScrip Inc (NASDAQ: BIOS) is a specialized health care services stock that���seeking to roll-up the heavily fragmented�home infusion care market���meaning its worth taking a closer look at the stock and its performance against healthcare ETFs like the iShares Dow Jones US Health Care ETF (NYSEARCA: IHF) or the Health Care SPDR ETF (NYSEARCA: XLV). However,�BioScrip has taken a beating and I should note that we have recently added shares to our SmallCap Network Elite Opportunity (SCN EO) portfolio�because we believe the company is on the verge of turning a profit and is potentially undervalued.
- [By Daniel Putnam]
First, the good news. The Health Care SPDR (XLV) is flat in 2014 (a total return of -0.07%, to be exact) compared with a return of -5.4% for the S&P 500. This places healthcare second only to utilities — up 1.6% based on the Utilities SPDR (XLU) — in terms of year-to-date performance among the 10 major sectors. This comes on the heels of a year in which healthcare stocks outpaced the S&P 500 by more than 9 percentage points.
Top 5 Healthcare Technology Companies To Invest In 2015: Compressco Partners LP (GSJK)
Compressco Partners, L.P. is a provider of wellhead compression-based production enhancement services (production enhancement services). The Company provides its services to a base of natural gas and oil exploration and production companies operating throughout many of the onshore producing regions of the United States, as well as in Canada and Mexico. Its production enhancement services primarily consist of wellhead compression, related liquids separation, gas metering, and vapor recovery services. It also provides ongoing well monitoring services, and, in Mexico, automated sand separation services in connection with its primary production enhancement services. It design and manufacture most of the compressor units it use to provide its production enhancement services. Compressco Partners GP, Inc. is the general partner of the Company. In January 2014, the Company announced that it has completed the acquisition of Compression assets for gas lift markets as part of its defined strategic growth objectives.
GasJack unit fleet
The Company�� GasJack unit allows it to perform compression, liquids separation and optional gas metering services all from one skid. The Company focuses on the natural gas wells in its operating regions that produce between 30,000 and 300, 000 cubic feet of natural gas per day (Mcf/d) and less than 50 barrels of water per day. The Company primarily utilize its natural gas powered GasJack compressors, or GasJack units, to provide wellhead compression services. Its GasJack units increase gas production by reducing surface pressure, which allows wellbore fluids that would normally block gas flow to produce up the well. The 46-horsepower GasJack unit is an integrated power/compressor unit equipped with an industrial 460-cubic inch, V-8 engine that uses natural gas from the well to power one bank of cylinders that, in turn, powers the other bank of cylinders, which provide compression. As of December 31, 2011, the Company had a fleet of 3,145 GasJack units.!
VJack unit fleet
The Company utilizes its electric VJack compressors, or VJack units, to provide its production enhancement services on wells located in larger, mature oil fields, such as the Permian Basin in West Texas and New Mexico, and in environmentally sensitive markets, such as California, when electric power is available at the production site. Its VJack unit is designed for vapor recovery applications (to capture natural gas vapors emitting from closed storage tanks after production and to reduce storage tank pressures) and backside pumping applications on oil wells (to reduce pressures caused by casing head gas in oil wells with pumping units). Based on GasJack unit technology, the VJack unit is capable of full wellbore stream production, and can handle up to 50 barrels per day of liquids on a standard skid package. As of December 31, 2011, it had a fleet of 50 VJack units. Its GasJack and VJack compressor units are mounted on steel skids.
ePumper system
Utilizing its ePumper system, SCADA satellite telemetry-based reporting system, it remotely monitor in real time, whether its services are being continuously provided at each well site. The ePumper system improves the response time of its field personnel.
Well Monitoring and Automated Sand Separation Services
The Company also provides ongoing well monitoring services and, in Mexico, automated sand separation services. Its well monitoring services consist of ongoing testing and evaluation of wells to determine how its wellhead compression services are optimizing the production from a well.
Advisors' Opinion:- [By Marc Bastow]
Wellhead compression products manufacturer Compressco Partners (GSJK) raised its quarterly dividend 1.7% to 43.75 cents per share, payable on Feb. 14 to shareholders of record as of Jan. 31.
GSJK Dividend Yield: 7.60%
Top 5 Healthcare Technology Companies To Invest In 2015: Expeditors International of Washington Inc.(EXPD)
Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. The company?s services include consolidation or forwarding air and ocean freight; distribution management; vendor consolidation; cargo insurance; purchase order management; and customized logistics information. Its airfreight services comprise the procurement of shipments from its customers; determination of the routing; consolidation of shipments bound for a particular airport distribution point; and selection of the airline for transportation to the distribution point. The company also offers breakbulk services that include receiving and breaking down consolidated airfreight lots and arranging for distribution of the individual shipments. Its ocean freight and ocean services include ocean freight consolidation; and handling full container loads. In addition, the company acts as a customs broker, who assists importers to clear shipments through customs by pre paring required documentation, calculating and providing for payment of duties on behalf of the importer, arranging for any required inspections by governmental agencies, and arranging for delivery; and provides other value added services at destination, such as warehousing and product distribution, time definite transportation, and inventory management. Further, it offers custom clearances for goods moving by rail and truck between the United States, Canada, and/or Mexico; and customs consulting services The company?s customers primarily include retailers, distributors of consumer electronics, department store chains, clothing and shoe wholesalers, manufacturers, and catalogue stores. Expeditors International of Washington, Inc. was founded in 1979 and is based in Seattle, Washington.
Advisors' Opinion:- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global logistics company Expeditors International of Washington (NASDAQ: EXPD ) has earned a respected four-star ranking.
- [By Ben Levisohn]
The express-delivery company has gained 28% during the past three months, trumping the 18% return from�United Parcel Service�(UPS), the 4.6% gain in J.B. Hunt Transport Services (JBHT) and the 0.2% rise in Expeditors International of Washington�(EXPD).
- [By Rich Duprey]
Global logistics specialist Expeditors International (NASDAQ: EXPD ) announced yesterday that the company's CEO would retire effective�March 1.�
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, three new ratings in the shipping sphere are grabbing headlines, as investment banker RBC Capital Markets upgrades UPS (NYSE: UPS ) to outperform, but cuts both FedEx (NYSE: FDX ) and shipping facilitator Expeditors International (NASDAQ: EXPD ) to underperform.
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