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 American Axle & Manufacturing (NYSE: AXL ) jumped as much as 13% after the company reported earnings.
So what: First quarter revenue rose slightly, to $755.6 million, and net income was $7.3 million, or $0.23 per share after adjusting for debt refinancing costs. Consensus estimate was for $750 million in revenue, and earnings of $0.16 per share.�
Now what: Financial results aren't breaking any records, but they are stable for the time being. That provides a nice opportunity for investors, because shares are only trading at six times forward earnings estimates. I think the stock can move higher just based on value, particularly after this earnings beat.
Interested in more info on American Axle & Manufacturing? Add it to your watchlist by clicking here.
Hot Consumer Service Companies To Watch For 2014: Morgan Stanley Eastern Europe Fund Inc.(RNE)
Morgan Stanley Eastern Europe Fund Inc is a closed ended equity mutual fund launched by Morgan Stanley Investment Management Inc. It is managed by Morgan Stanley Investment Advisors Inc. The fund invests in the public equity markets of Russia, Central and Eastern European countries. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the MSCI Emerging Markets Eastern Europe Index. Morgan Stanley Eastern Europe Fund Inc was formed on September 30, 1996 and is domiciled in the United States.
Hot Consumer Service Companies To Watch For 2014: Intl Water-Guard Industries Inc(IWG.V)
IWG Technologies Inc. engages in the design, development, manufacture, sale, and service of aviation products and systems related to delivery of potable water on-board aircraft worldwide. Its products include potable water treatment units and on-demand water heaters, as well as water systems, such as tanks, water lines, pumps, valves, and electronic controls primarily for business-use aircraft manufacturers, owners, and operators; and business jet and VIP airliner markets. The principal technology embodied in its water treatment equipment includes irradiation by ultraviolet light, combined with filtration, ancillary systems, and controls. The company was founded in 1982 and is headquartered in Burnaby, Canada.
Top 5 Diversified Bank Companies To Own In Right Now: American Public Education Inc.(APEI)
American Public Education, Inc., together with its subsidiary, American Public University System, Inc., provides online postsecondary education focusing on the needs of the military and public service communities. The company operates through two universities, American Military University (AMU) and American Public University (APU) serving approximately 110,000 students in the United States and internationally. The universities share a common faculty and curriculum, which includes 87 degree programs and 69 certificate programs in disciplines related to national security, military studies, intelligence, homeland security, criminal justice, technology, business administration, education, nursing, and liberal arts. The company was founded in 1991 and is headquartered in Charles Town, West Virginia.
Hot Consumer Service Companies To Watch For 2014: Penn Virginia Corporation(PVA)
Penn Virginia Corporation, an independent oil and gas company, primarily engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products. It primarily focuses on developing the Eagle Ford Shale play in south Texas; and the horizontal Granite Wash play in the Mid-Continent region. The company also drills exploratory wells in the Marcellus Shale play in Pennsylvania; and has interests in the natural gas properties in the Haynesville Shale and Cotton Valley Sands in east Texas, and Selma Chalk in Mississippi. As of December 31, 2011, it had proved natural gas and oil reserves of approximately 883 billion cubic feet of natural gas equivalent; and owned approximately 1.1 million net acres of leasehold and royalty interests. The company sells its products using short-term floating price physical and spot marke t contracts. Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania.
No comments:
Post a Comment