Last year may have been one of the worst ones ever for big-box retailers. Shares of Best Buy, RadioShack (NYSE: RSH ) , and hhgregg�fell 50%, 78%, and 50%, respectively. It would make sense that this might be the case, as more and more people use these stores simply as venues to test out new products, then go home and order them for cheaper on Amazon.com.
Things were bad enough that last December, I told investors that RadioShack was the number one stock to avoid in 2013. So far, I've been wrong. The stock is up over 50%. Below, I'll explain why, and more importantly, why I still think you should stay away from the company's shares.
One big jump, all at once
Source: YCharts
The lion's share of RadioShack's jump can be compacted into a five-day span where the company's stock advanced over 40%. But there was a problem with this jump: it was very difficult�to tell what caused it.
Progenics Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of therapeutic products to treat the unmet medical needs of patients with debilitating conditions and life-threatening diseases in the United States and internationally. Its primary programs focus on gastroenterology, oncology, and virology. The company offers RELISTOR (methylnaltrexone bromide) subcutaneous injection, a therapy for opioid-induced constipation. It is also conducting a Phase I clinical trial of a human monoclonal antibody-drug conjugate directed against prostate specific membrane antigen (PSMA), a protein found at high levels on the surface of prostate cancer cells, as well as in blood vessels supplying other solid tumors. In addition, the company is developing PRO 140, a viral-entry inhibitor for human immunodeficiency virus (HIV), which is in Phase II clinical testing; and multiplex PI3-Kinase inhibitors for the treatment of cancer. Progenics Pha rmaceuticals, Inc. has license agreement with Salix Pharmaceuticals, Ltd. for the development and commercialization of RELISTOR worldwide other than Japan. The company was founded in 1986 and is based in Tarrytown, New York.
Advisors' Opinion: - [By Anna Prior]
A U.S. Food and Drug Administration office has approved Salix Pharmaceuticals Ltd.'s(SLXP) appeal to gain approval for expanded usage of a constipation drug it licensed from Progenics Pharmaceuticals Inc.(PGNX), the companies said. Shares of Progenics climbed 12% to $4.75 premarket.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, biotechnology company Progenics Pharmaceuticals (NASDAQ: PGNX ) has received a distressing two-star ranking.
Top 10 Integrated Utility Companies To Watch For 2015: Griffon Corp (GFF)
Griffon Corporation (Griffon), incorporated on December 29, 1970, is a diversified management and holding company that conducts business through wholly owned subsidiaries. Griffon oversees the operations of its subsidiaries and provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon conducts its operations through three businesses: Home and Building Products, consists of two companies, Ames True Temper, Inc and Clopay Building Products; Telephonics Corporation, designs, develops, manufactures, sells, and provides logistical support for aircraft intercommunication systems, radar, air traffic management, identification friend or foe equipment, Integrated Homeland Security Systems and custom, mixed-signal, application-specific, integrated circuits, and Clopay Plastic Products produces, develops specialty plastic films and laminates for a variety of hygienic, health care and industrial applications. Effective December 31, 2013, the Company announced that its subsidiary, Ames True Temper acquired Northcote Pottery.
Home and Building Products
HBP consists of two companies, Ames True Temper, Inc (ATT) and Clopay Building Products (CBP). ATT is a global provider of non-powered landscaping products that make work easier for homeowners and professionals. ATT�� brand portfolio includes Ames, True Temper, Ames True Temper, Garant, Hound Dog, Westmix, Dynamic Design and Southern Patio, as well as contractor-oriented brands, including UnionTools, Razor-Back Professional Tools and Jackson Professional Tools. Some of the products include Long Handle Tools, Wheelbarrows, Snow Tools, Planters and Lawn Accessories, Striking Tools, Pruning and Garden Hose and Storag. CBP is a manufacturer and marketer of residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. CBP offers garage doors made primarily from steel, plastic composite ! and wood, and also sells related products, such as garage door openers, manufactured by third parties. The majority of CBP�� sales are for home remodeling and renovation, with the balance for the new residential housing and commercial building markets.
Telephonics Corporation
Telephonics specializes in advanced electronic information and communication systems for defense, aerospace, civil, industrial, and commercial applications for the United States (U.S.) and international markets. Telephonics designs, develops, manufactures, sells, and provides logistical support for aircraft intercommunication systems, radar, air traffic management, identification friend or foe equipment, Integrated Homeland Security Systems and custom, mixed-signal, application-specific, integrated circuits. Telephonics is also a provider of advanced systems engineering services supporting air and missile defense programs, as well as other threat and situational analysis requirements. Telephonics is a supplier of airborne maritime surveillance radar and aircraft intercommunication management systems, the segment�� two product lines. Telephonics is a first-tier supplier to prime contractors in the defense industry, such as Lockheed Martin, Boeing, Northrop Grumman, General Dynamics, MacDonald Dettwiler, Sierra Nevada Corporation and Sikorsky Aircraft, and is at times a prime contractor to the United States Department of Defense and the United States Department of Homeland Security (Homeland Security). On April 22, 2013, Telephonics signed a definitive agreement to form a Joint Venture (JV) with Mahindra & Mahindra Ltd to provide the Indian Ministry of Defense and the Indian Civil sector with radar and surveillance systems, identification friend or foe devices and communication systems.
Clopay Plastic Products
lopay Plastic Products produces and develops specialty plastic films and laminates for a variety of hygienic, healthcare and industrial uses in the United States and cert! ain inter! national markets. Products include thin gauge embossed and printed films, elastomeric films, laminates of film and non-woven fabrics, and perforated films and non-wovens. Plastics have two manufacturing facilities in Germany from which it sells plastic films throughout Europe and the Middle East and Africa.
The Company competes with Fiskars Corporation, Truper Herramientas S.A. de C.U., Suncast Corporation, Colorite Waterworks, Swan and Techniplex.
Advisors' Opinion: - [By CRWE]
Griffon Corporation (NYSE:GFF) will present at Deutsche Bank�� 20th Annual Leveraged Finance Conference to be held at The Phoenician Hotel in Scottsdale, AZ at 8:50 a.m. local time on Wednesday, October 10th.
- [By Rich Duprey]
Home and building products manufacturer Griffon (NYSE: GFF ) announced today its third-quarter dividend of $0.025 per share, the same rate it's paid for the past three quarters after raising the payout 25% from $0.02 per share.
- [By Victor Selva]
On March 4, Mario Gabelli (Trades, Portfolio), the chairman and chief executive officer of GAMCO Investors Inc. added Griffon Corporation (GFF) at an average price of $12.61 and currently holds 6,752,733 shares of the stock, worth 0.01% of his portfolio.
Top 10 Integrated Utility Companies To Watch For 2015: Ishares Trust Dj Us Technology (IYW)
iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology sector of the United States equity market. The Index includes companies in industry groups, such as software and computer services, and technology hardware and equipment. The Index is a subset of the Dow Jones U.S. Total Market Index and is capitalization weighted. The Index is reconstituted quarterly.
The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. The Fund�� investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion: - [By Selena Maranjian]
The PowerShares QQQ ETF tracks the Nasdaq 100 Index, which is made up of 100 of the biggest stocks in the Nasdaq Stock Market based on market capitalization. It includes U.S. and international companies but excludes the financial industry and a few others. It's technology-heavy, featuring industries such as telecommunications, retail, biotechnology, and computer hardware and software. Compared to many other major technology-focused ETFs, such as the iShares US Technology ETF (NYSEMKT: IYW ) , this one is bigger, charges less in fees, and has a more impressive performance record. Its expense ratio, or annual fee, is a very low 0.2%, comparing favorably with many peers. It doesn't offer much of a dividend, as many of its holdings don't pay them.
Top 10 Integrated Utility Companies To Watch For 2015: Potlatch Corporation(PCH)
Potlatch Corporation operates as a real estate investment trust (REIT) that owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin in the United States. The Resource Management Division manages its timberlands, harvests timber, procures other wood fiber, sells logs and leases land for hunting and other recreational activity. The Real Estate Division develops and sells land parcels, as well as invests in timberlands. The Wood Products Division manufactures lumber, plywood, and particleboard in Arkansas, Idaho, Michigan, and Minnesota. This segment's products are sold to wholesalers primarily for use in home building and other construction activities. Potlatch was founded in 1903 and is headquartered in Spokane, Washington.
Advisors' Opinion: - [By Dan Caplinger]
In Weyerhaeuser's report, watch for the company to discuss any plans for potential buyout activity. With tight supplies, smaller rivals Louisiana-Pacific (NYSE: LPX ) or Potlatch (NASDAQ: PCH ) might make good targets for the larger Weyerhaeuser or Plum Creek to look at for expansion. Even though those companies have seen their shares rise dramatically as well, it might be worth paying up in order to secure long-term assets that could produce strong growth for Weyerhaeuser.
- [By Dividends4Life]
Potlatch Corporation (PCH) operates as a real estate investment trust (REIT) that owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin. December 6th the company increased its quarterly dividend 13% to $0.35 per share. The dividend is payable December 31, 2013 to stockholders of record on December 17, 2013. The yield based on the new payout is 3.5%.
- [By Saibus Research]
WY and the majority of the timber, forest and paper products companies have a track record of unimpressive returns on capital, cyclical revenue and profit trends, heavy use of capital expenditures, and significant environmental regulation. We also think that WY's conversion to a REIT was a mistake. Morningstar Investment Research's Timber, Forest and Paper Products analyst Dan Rohr said it best when he rated WY and its Timber REIT peers Rayonier (RYN), Potlatch (PCH) and Plum Creek (PCL) as not possessing any economic moat. That probably explains why we only have an ancillary exposure to this industry for our proprietary portfolio based on our holdings in Brookfield Infrastructure (BIP) and Cintas (CTAS). Brookfield's Timber segment only accounts for 5% of its Fund Flows from operations and Cintas's document management business is suffering from reduced prices on recycled paper. At least Cintas Document Management only accounts for 8% of Cintas's revenue.
Top 10 Integrated Utility Companies To Watch For 2015: Volvo AB (VOLVY)
AB Volvo is a supplier of commercial transport solutions providing products, such as trucks, buses, construction equipment, engines and drive systems for boats and industrial applications, as well as aircraft engine components. The Company also offers its customers financial solutions. The Company operates in six segments: Trucks, Buses, Construction Equipment, Volvo Penta, Volvo Aero and Financial Services. The business units include Volvo 3P, Volvo Powertrain, Volvo Parts, Volvo Logistics, Volvo Business Services, Volvo Information Technology (IT), Volvo Real Estate and Volvo Technology. During the year ended December 31, 2009, AB Volvo acquired all shares in Volvo Logistics AB from Fortos Ventures AB. In April 2014, the Company announced that it has completed the sale of commercial real estate. In June 2014, the Company acquired Terex's hauler business.
The Company�� truck operations consist of Volvo Trucks, Renault Trucks, UD Trucks, Mack Trucks and VE Commercial Vehicles (50%) in India. The product offer stretches from heavy-duty trucks for long-haulage and construction work to light-duty trucks for distribution. Volvo Trucks, Renault Trucks, UD Trucks, Mack Trucks and Eicher offer customers a range of products and services for transports.
The Buses has a product range consisting of city and intercity buses, coaches and chassis. Volvo Buses��product line includes complete buses and bus chassis for city, intercity and coach traffic. The Company has a total offering that, in addition to buses, includes a service network, spare parts handling, service and repair contracts, financial services and traffic information systems.
The Company�� construction equipment manufactures equipment for construction applications and related industries. Volvo Construction Equipment develops, manufactures and markets equipment for construction and related industries. Its products include a range of wheel loaders, hydraulic wheeled and crawler excavators, articulated haule! rs, road machinery and a range of compact equipment.
The Company�� Volvo Penta offers engines and drives systems for leisure and commercial boats and for industrial applications, such as gensets and materials handling. Volvo Penta manufactures engines and drive systems for marine applications, for both leisure and commercial craft, with an engine range of 10 to 1,200 horse power and has a global service network with approximately 5,000 dealers. Volvo Penta also supplies industrial engines ranging from 75 kilowatts to 600 kilowatts for irrigation pumps, generator units and other application areas.
The Company�� Volvo aero offers advanced components for aircraft engines and space applications with a focus on lightweight technology for reduced fuel consumption. Volvo Aero specializes in a number of highly advanced components for aircraft engines and space rockets.
The Company�� financial services segment conducts operations in customer and dealer financing. It offers financial services, such as customer and dealer financing and other Services, such as insurance contribute to create customer value. It provides financing solutions and other services in retaining customers and attracting new ones to the Company.
The Company competes with Daimler, Paccar, Navistar, MAN, Scania, Caterpillar, Komatsu, Cummins and Brunswick.
Advisors' Opinion: Top 10 Integrated Utility Companies To Watch For 2015: South Jersey Industries Inc.(SJI)
South Jersey Industries, Inc., through its subsidiaries, engages in the purchase, transmission, and sale of natural gas for residential, commercial, and industrial customers. It also sells natural gas and pipeline transportation capacity on a wholesale basis to various customers on the interstate pipeline system, as well as transports natural gas purchased directly from producers or suppliers to their customers. In addition, it markets natural gas storage, commodity, and transportation assets on a wholesale basis for energy marketers, electric and gas utilities, and natural gas producers in the mid-Atlantic, Appalachian, and southern regions of the United States. Further, the company develops and operates energy-related projects, which provide cooling, heating, and emergency power; and operates landfill gas-fired electric production facilities and solar projects. Additionally, it provides services for the acquisition and transportation of natural gas and electricity for re tail end users; markets total energy management services; installs and services residential and light commercial HVAC systems; provides plumbing services; and services appliances, as well as offers meter reading services. As of December 31, 2010, the company served 347,725 residential, commercial, and industrial customers primarily in southern New Jersey. The company was founded in 1910 and is headquartered in Folsom, New Jersey.
Advisors' Opinion: Top 10 Integrated Utility Companies To Watch For 2015: Akzo Nobel NV (AKZOY)
Akzo Nobel N.V. (AkzoNobel) is a global paints and coatings company and a producer of specialty chemicals. The Company operates in three segments: Decorative Paints, Performance Coatings and Specialty Chemicals. During the year ended December 31, 2009, the Company two distributors in Continental Europe. During 2009, it also acquired SABA, Kronospan and Dow Powder Coatings assets. During 2009, it also divested Chemcraft Brazil and the non-stick businesses. In January 2009, the Company completed the acquisition of LII Europe. In June 2010, the Company completed the acquisition of the Dow Chemical company's powder coatings activities. In June 2010, the Company announced the sale of its National Starch business to Corn Products International. In June 2010, the Company announced the sale of its National Starch business to Corn Products International. In September 2010, the Company acquired Changzhou Prime Automotive Paint Co. In October 2010, Corn Products International, Inc. acquired National Starch, the specialty starches business of the Company.
Decorative Paints
The Decorative Paints segment supplies a range of interior and exterior decoration and protection products for both the professional and do-it-yourself markets. Its products include paints, lacquers and varnishes, as well as products for surface preparation (pre-deco products). Its architectural coatings include interior and exterior wall paints and trim paints (lacquers) for consumers and professionals. The wood care and specialty products include lacquers and varnishes for wood protection and decoration, and specialty coatings for metal, concrete and other critical building materials. Its pre-deco products include fillers, wall treatments, sealants and putties for consumers and professionals. Its building adhesives include tile and floor adhesives and floor leveling compounds used in the building and renovation industry; supplied for professional workers, such as tile, floor and parquet, layers, interior decorators ! and painters, and direct to medium-sized enterprises, wholesalers, specialized retailers.
Performance Coatings
The Company�� Performance Coatings segment serves a range of customers, including ship and yacht builders and architects, consumer electronics and appliance companies, steel manufacturers, the construction industry, furniture makers, aircraft, bus and truck producers, body shops and can makers. The Company offers metal and plastic coatings for a range of applications from huge industrial equipment to the mobile phones and music players, computers, espresso machines and sporting goods. It also offers corrosion and fire protection across a range of industries, including upstream and downstream oil and gas facilities, chemical and petrochemical installations, high value infrastructure, such as airports and stadia and power generation stations. The Company provides coatings for small and large aircraft. It also offers coatings for marine vessels, including commercial tankers, ferries and leisure craft, and act as a salt water barrier and to minimize the build-up of organic material.
Specialty Chemicals
The Company�� Specialty Chemicals products are used in a range of everyday products, such as ice cream, soups, disinfectants, plastics, soaps, detergents, cosmetics, paper and asphalt. Its Industrial Chemicals business mines salt through vacuum extraction. It�� used as a raw material for its own activities, as well as being an end product found in grocery stores under brand names, such as Jozo and Nezo. The Company offers products, such as chlorine (Industrial Chemicals) or chlorate (Pulp and Paper Chemicals). Its major products include cellulosic additives, chelates, additives, ethylene amines, salt specialties and sulfur derivatives.
Advisors' Opinion: - [By Victor Selva]
The company has a current ratio of 17.8% which is higher than the industry mean of 6.55%. Also, it's higher than the one registered by Akzo Nobel NV (AKZOY), Cabot Corporation (CBT) and Olin Corporation (OLN). For investors looking for a higher ROE, PPG Industries Inc. (PPG) could be the option.
- [By Rich Duprey]
In a move designed to strengthen the performance of its German decorative paints business,�Netherlands-based paint giant AkzoNobel (NASDAQOTH: AKZOY ) announced today that it is divesting to independent distributors that country's�paints stores for professionals.
- [By Lawrence Meyers]
VAL stock trades at about 18�timesFY14 estimates of $4.08. Even accounting for the 1.4% yield, it�� a tad bit pricey at 14% long-term EPS growth. But let�� look at competitors. PPG Industries (PPG) trades at 21�times�earnings on 11% long-term growth. Sherwin-Williams (SHW) trades at 24x earnings on 14.6% long-term growth. Akzo Nobel (AKZOY) trades at 16 times earnings on 11% growth.