Amid a broad market rally, mobile-chip giant Qualcomm (NASDAQ: QCOM ) sat on the sidelines this week, significantly lagging the rest of the market. What were investors worried about?
A lot of hopes have been pinned on Samsung's newest Galaxy S4 flagship device. Qualcomm enjoys relationships with both Samsung and Apple (NASDAQ: AAPL ) , the top two vendors currently dominating the global smartphone market. While Apple is in a summer lull and new iPhones aren't expecting to be launched until this fall, Qualcomm is happy to ride its win in the Galaxy S4, as its Snapdragon chips power several of the geographical variants.
Unfortunately for Samsung and Qualcomm, Galaxy S4 sales may not be stacking up to lofty expectations. Samsung lost more than 6% of its value on Friday on concerns over the Galaxy S4. JPMorgan Chase analyst J.J. Park believes Galaxy S4 units will disappoint investors, and that the South Korean conglomerate has been reducing its orders. Samsung also recently introduced lower-end versions of its flagships, including the Galaxy S4 Mini. That could put pressure on Samsung's revenue and margins.
Top 5 Companies To Invest In 2014: Benvest New Look Income Fd (BCI.TO)
New Look Eyewear Inc. provides eye care products and services in eastern Canada. It offers high definition digital lenses, frames, and sunglasses, as well as contact lenses. The company also offers eye exams and other eye care services. As of March 31, 2012, it operated 69 corporately owned eye care stores, including 61 in Qu茅bec province and 8 in Ontario region; and an eyewear transformation laboratory. The company was formerly known as Benvest New Look Income Fund and changed its name to New Look Eyewear Inc. in March 2010. New Look Eyewear Inc. is headquartered in Montr茅al, Canada.
Top 5 Companies To Invest In 2014: The Connecticut Bank and Trust Company(CTBC)
The Connecticut Bank and Trust Company provides commercial banking products and services in Connecticut. It accepts various interest bearing and noninterest bearing accounts with a range of maturity date options, including commercial and retail checking accounts, money market accounts, individual retirement accounts, savings accounts, certificates of deposit, and sweep accounts. The company?s loan portfolio comprises commercial, commercial real estate, construction, consumer and installment, and residential real estate loans. It also provides cash management services; courier service; sweep and client escrow accounts; direct deposit of payroll and social security checks; online banking; CBT Surepay; wire transfers, automated clearinghouse, and electronic data interchange services; debit cards; merchant credit card processing; and automated teller machine services. In addition, the company offers third party products and services consisting of fiduciary services, investmen t management, and stock brokerage services, as well as insurance products, including commercial and personal lines, and payroll processing. It serves privately-owned businesses and individuals, including attorneys, accountants and physicians, manufacturing companies, service companies, and commercial real estate developers. The company offers its products and services through seven offices located in Hartford, Glastonbury, Vernon, Newington, Windsor, and Rocky Hill. The Connecticut Bank and Trust Company was founded in 2004 and is based in Hartford, Connecticut.
Best Financial Companies To Buy Right Now: Twin Disc Incorporated(TWIN)
Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment. The company?s product portfolio includes marine transmissions, surface drives, propellers, and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems. It sells its products to customers primarily in the pleasure craft, commercial, and military marine markets, as well as in the energy and natural resources, government, and industrial markets through direct sales force and distributor network worldwide. Twin Disc, Incorporated was founded in 1918 and is headquartered in Racine, Wisconsin.
Advisors' Opinion:- [By Louis Navellier]
As an expert in hydraulic torque converters, power-shift transmissions and industrial clutches, Twin Disc Inc. (NASDAQ:TWIN) is a heavy-duty company with heavy-duty earnings. Earlier this month, company leadership announced that this year was the company’s best year since the economic downturn, and the last quarter brought in the highest sales to date! Fueled by strong demand from the oil and gas industry, Twin’s fourth-quarter sales skyrocketed 51%, and earnings exploded by 273%. Analysts can’t even nail down this company’s potential — during the last four quarters, Twin has boasted an average earnings surprise of 93%!
Top 5 Companies To Invest In 2014: Brammer(BRAM.L)
Brammer plc, through its subsidiaries, engages in the supply of power transmission components and provision of related inventory management, procurement, and logistics services in Europe. The company offers bearings, belts and pulleys, chains and sprockets, linear motion, motors, seals, gearboxes, pneumatics, hydraulics, clutches and couplings, tools and maintenance, and health and safety products for various production and operational processes. It also provides maintenance, repair, and overhaul services. The company serves aerospace, automotive, chemical, construction and aggregate, food and drink, glass, metal, petroleum, pharmaceutical, pulp, paper and packaging, recycling, transportation, and utility industries. Brammer plc was founded in 1920 and is based in Manchester, the United Kingdom.
Top 5 Companies To Invest In 2014: Guardian Exploration Inc (GX.V)
Guardian Exploration Inc. engages in the acquisition, exploration, and development of petroleum and natural gas properties in western Canada and the state of Montana. It holds a farm-in agreement with Deckland Inc. to earn a 50% working interest in the well located in the Jenner area of Alberta, Canada. The company was formerly known as Guardian Resources Inc. and changed its name to Guardian Exploration Inc. in May 2001. Guardian Exploration Inc. was incorporated in 2001 and is headquartered in Calgary, Canada.
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