NEW YORK (TheStreet) -- The broader market was essentially unchanged on a slow Monday of trading.
Regarding the market entering "bubble territory," Tim Seymour, managing partner of Triogem Asset Management, said on CNBC's "Fast Money," that the market isn't necessarily in a "bubble" yet, but that it is starting to become a bit worrisome.
He added that the amount of IPOs flooding the market could be a cause for concern.
Josh Brown, a financial adviser at Ritholtz Wealth Management, reminded investors that the retail "mom and pop" players haven't been in the market for a while, so the rush to get in isn't that surprising.
Guy Adami, managing director of stockmonster.com, said there are still a few solid secular trends playing out and he liked Visa (V) and Mastercard (MA). He warned investors to be careful with biotech stocks. Seymour said the valuation for consumer staples is getting stretched, especially compared to their growth rates. He likes companies with exposure to emerging markets, like Pepsico (PEP) and Mondelez (MDLZ), and would be a seller of Doctor Pepper Snapple (DPS) and General Mills (GIS). Brown called consumer staples the "ultimate irony" because it is considered the "safe-haven" of equities, but will likely feel a lot of pain when interest rates rise and money starts to flow out the stocks. Liz Dunn, associate director of Macquarie Capital, was a guest on the show who said J.C. Penney (JCP) has enough liquidity to make it though most of 2014 and needs to maintain positive comp-sales. She added that she's cautious on Kohl's (KSS) and preferred more luxurious brands like Polo Ralph Lauren (RL), Coach (COH), and Nordstrom (JWN).
Prospect Capital Corporation is a mezzanine finance and private equity firm that specializes in late venture, middle market, mature, mezzanine, buyouts, recapitalizations, growth capital, development, and bridge transactions. It makes secured debt and equity investments. The firm typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. The firm prefers to invest in the United States and Canada. It seeks to invest between $5 million to $50 million in companies with EBITDA between $$ million and $75 million, sales value up to $500 million, and enterprise value of up to $250 million. The firm also co- invests for larger deals. It seeks control acquisitions by providing multiple levels of the capital structure. Prospect Capital Corporation was founded in 1988 and is based in New York, New York.
Advisors' Opinion: - [By Grass Hopper]
Examples of the first class of publicly ��raded private equity firms include Kohlberg Kravis Roberts & Co. L.P. (KKR), The Blackstone Group L.P. (BX), and Oaktree Capital Group, LLC (OAK). Examples of the second class are Wendel SA (MF FP), Exor SpA (EXO IM) and, to some extent, Reinet Investments SCA (REI SJ). Examples of the third class are American Capital, Ltd. (ACAS), Main Street Capital, Gladstone Capital Corp. (MAIN), and Prospect Capital Corp. (PSEC).
- [By James E. Brumley]
What do Prospect Capital Corporation (NASDAQ:PSEC), Astec Industries, Inc. (NASDAQ:ASTE), and First Financial Corp. (NASDAQ:THFF) have in common? Not much, on the surface. In fact, were it not for something very specific to one particular person (me), they'd have nothing in common at all. This week though, THFF, ASTE, and PSEC all have at least one thing in common, and that's the fact that they're all going into my mental/hypothetical portfolio.
- [By Amanda Alix]
Similarly, Prospect Capital (NASDAQ: PSEC ) recently announced�the next four months' worth of dividends, showcasing a yield of 12.7%. Further, management noted that its liabilities are locked in for the next 30 years, while its loans float with LIBOR, putting them in the catbird seat as far as rising interest rates are concerned.
Top 10 Healthcare Technology Stocks To Watch For 2015: Post Properties Inc. (PPS)
Post Properties, Inc., a real estate investments trust (REIT), together with its subsidiaries, engages in the development, ownership, and management of multifamily apartment communities in the United States. As of December 31, 2007, the company owned 22,578 apartment units in 63 apartment communities, including 1,747 apartment units in 2 communities held in unconsolidated entities and 2,266 apartment units in 7 communities. It is also developing and selling 535 for-sale condominium homes in 4 communities and converting 349 apartment homes into for-sale condominium homes in 2 communities. The company primarily operates in Atlanta, Georgia; Dallas, Texas; Washington, D.C.; and Tampa, Florida metropolitan areas. Post Properties has elected to be taxed as REIT under the Internal Revenue Code and would not be subject to federal income taxes, if it distributes approximately 90% of its taxable income to its shareholders. The company was founded in 1971 and is based in Atlanta, Ge orgia.
Advisors' Opinion: - [By Philip Springer]
Post Properties Inc. (NYSE: PPS): 14.7%
Here are the largest homebuilders and their shares’ performance so far this year:
Lennar Corp. (NYSE: LEN): -2.3%
- [By Sally Jones] ng>Rate of Return: 30.76%
Down 6% over 12 months, Post Properties Inc., a residential REIT, has a market cap of $2.46 billion; its shares were traded at around $45.02. The tangible book value is 20.98. PPS trades with a P/E ratio of 29.00 and a P/B of 2.10. The earnings yield is 2.80%.
Guru Action: As of Sept. 30, 2013, Third Avenue Management holds 422,734 shares values at around $20.9 million.
PPS is a relatively new holding for the firm, first bought in the second quarter of 2013. The firm bought 422,734 shares at an average price of $49.04, for a loss of 8.2%.
Track historical pricing, revenue and net income since 1993:
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Valley National Bancorp (VLY)
Rate of Return: 26.4%
Up 5% over 12 months, Valley National Bancorp has a market cap of $2.07 billion; its shares were traded at around $10.40. The tangible book value is 5.28. VLY trades with a P/E ratio of 14.60 and a P/B of 1.30. The earnings yield is 3.80%.
Guru Action: As of Sept. 30, 2013, Third Avenue Management holds 1,462,501 shares values at around $13.8 million.
VLY is another new holding for Third Avenue, first buying 1,462,501 shares in the second quarter of 2013, at an average price of $9.34, for a gain of 11.3%.
Track historical pricing, revenue and net income since 1990:
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Brookdale Senior Living Inc. (BKD)
Rate of Return: 23.14%
Up 11% over 12 months, Brookdale Senior Living Inc. has a market cap of $3.35 billion; its shares were traded at around $26.94. The tangible book value is 5.97. BKD trades with a P/B of 3.30. The earnings yield is 1.80%.
Guru Action: As of Sept. 30, 2013, Third Avenue Management holds 658,866 shares values at around $17.429 million.
Bought in the second quarter of 2013, BKD is another new holding for Third Avenue. The firm made a new buy of 658,866 shares at an average price of $27.55, for a 2.2% loss.
Track historical pricing,
Top 10 Healthcare Technology Stocks To Watch For 2015: CTI Industries Corporation (CTIB)
CTI Industries Corporation develops, manufactures, and supplies flexible film products for novelty, packaging and container, and custom product applications worldwide. The company offers novelty products that comprise foil balloons, such as Superloons, Ultraloons, Miniloons, Card-B-Loons, Shape-A-Loons, and mini shapes; latex balloons under the Partyloons name; and toy balloon products consisting of punch balls, water bombs, animal twisties, and other inflatable toy items. It also provides flexible containers for home and consumer use for the storage and preservation of food and personal items, including devices for sealing and evacuating air from such containers; and packaging films and custom film products used for food, and other packaging and commercial applications. In addition, the company offers pouches and bags comprising valved and re sealable pouches for the storage of household items; vacuum sealable bags for food storage; re sealable and valved bags for the sto rage and vacuum sealing of food items in the house under the ZipVac brand; and open-top pouches, under the ZipLoc name, for use with vacuum sealing machines to vacuum seal, and store food and household items. It primarily serves various retail outlets, including general merchandise, discount and drugstore chains, grocery chains, card and gift shops, and party goods stores, as well as florists and balloon decorators through a network of distributors and wholesalers, and independent sales representatives. CTI Industries Corporation was founded in 1975 and is headquartered in Lake Barrington, Illinois.
Advisors' Opinion: - [By Monica Gerson]
CTI Industries (NASDAQ: CTIB) is estimated to report its Q1 earnings at $0.02 per share on revenue of $15.75 million.
URS (NYSE: URS) is projected to post its Q1 earnings at $0.68 per share on revenue of $2.68 billion.
Top 10 Healthcare Technology Stocks To Watch For 2015: American Midstream Partners LP (AMID)
American Midstream Partners, LP, incorporated on August 20, 2009, owns, operates, develops and acquires a portfolio of natural gas midstream energy assets. The Company is engaged in the business of gathering, treating, processing and transporting natural gas through its ownership and operation of 10 gathering systems, four processing facilities and a 50% non-operating interest in a fifth plant, two interstate pipelines and four intrastate pipelines. Its assets are located in Alabama, Louisiana, Mississippi, Tennessee and Texas, provide infrastructure, which links producers and suppliers of natural gas to diverse natural gas markets, including interstate and intrastate pipelines, as well as utility, industrial and other commercial customers. In December 2013, American Midstream Partners, LP acquired Blackwater Midstream Holdings, LLC from an affiliate of ArcLight Capital Partners, LLC. In February 2014, Penn Virginia Corporation sold all of its Eagle Ford Shale natural gas midstream assets to the Company.
The Company operates in two segments: Gathering and Processing, and Transmission. In its gathering and processing segment, it receives fee-based and fixed-margin compensation for gathering, transporting and treating natural gas. Where it provide processing services at the plants that it owns, or obtain processing services for its own account under its elective processing arrangements. During the year ended December 31, 2012, it owned four processing facilities that produced an average of approximately 49.9 million gallons of liquid per day of gross natural gas liquids (NGLs). In addition, under its elective processing arrangements, it contracts for processing capacity at a third-party plant where it has the option to process natural gas that it purchases. During 2012, under these arrangements, it sold an average of approximately 27.9 million gallons of liquid per day of net equity NGL volumes. It also receives fee-based and fixed-margin compensation in its transmission segment related to ! capacity reservation charges under its firm transportation contracts and the transportation of natural gas.
Gathering and Processing
The Company�� gathering and processing segment provides wellhead to market services for natural gas to producers of natural gas and oil, which include transporting raw natural gas from various receipt points through gathering systems, treating the raw natural gas, processing raw natural gas to separate the NGLs and selling or delivering pipeline quality natural gas, as well as NGLs to various markets and pipeline systems. It gathers and processes natural gas pursuant to arrangements, including fee-based arrangements, fixed-margin arrangements and percent-of-proceeds arrangements.
The Company competes with Tennessee Gas Pipeline (TGP), Gulf South and ANR.
Transmission Segment
The Company�� transmission segment transports and delivers natural gas from producing wells, receipt points or pipeline interconnects for shippers and other customers, which include local distribution companies (LDCs), utilities and industrial, commercial and power generation customers. Results of operations from its transmission segment are determined by capacity reservation fees from firm transportation contracts and the volumes of natural gas transported on the interstate and intrastate pipelines it owns. Its transportation arrangements include firm transportation arrangements, interruptible transportation and fixed-margin contracts. Its Midla and AlaTenn systems are interstate natural gas pipelines. Its Bamagas system is a Hinshaw intrastate natural gas pipeline, which travels west to east from an interconnection point with TGP in Colbert County, Alabama to two power plants owned by Calpine Corporation (Calpine), in Morgan County, Alabama. The Bamagas system consists of 52 miles of high pressure, 30-inch pipeline with a design capacity of approximately 450 million cubic feet per day.
The AlaTenn system is an intersta! te natura! l gas pipeline that interconnects with TGP and travels west to east delivering natural gas to industrial customers in northwestern Alabama, as well as the city gates of Decatur and Huntsville, Alabama. Its AlaTenn system has a design capacity of approximately 200 million gallons of liquid per day and is consisted of approximately 295 miles of pipeline with diameters ranging from three to 16 inches and includes two compressor stations with combined capacity of 3,665 horsepower. The AlaTenn system is connected to four receipt and 61 delivery points, including the Tetco Pipeline system, an interstate pipeline owned by Duke Energy Corporation, and the Columbia Gulf Pipeline system, an interstate pipeline owned by NiSource Gas Transmission and Storage.
The Company�� Midla system is an interstate natural gas pipeline with approximately 370 miles of pipeline linking the Monroe Natural Gas Field in Northern Louisiana and interconnections with the Transco Pipeline system and Gulf South Pipeline system to customers near Baton Rouge, Louisiana. Its Midla system also has interconnects to Centerpoint, TGP and Sonat along a high-pressure lateral at the north end of the system, called the T-32 lateral. Its Midla system is located near the Perryville Hub, which is a hub for natural gas produced in the Louisiana and broader Gulf Coast region, including natural gas from the Haynesville shale, Barnett shale, Fayetteville shale, Woodford shale and Deep Bossier formations of Northern Louisiana, Central Texas, Northern Arkansas, Eastern Oklahoma and East Texas, respectively. The Midla system is connected to nine receipt and 19 delivery points. The northern portion of the system, including the T-32 lateral, consists of approximately four miles of high pressure, 12-inch diameter pipeline. Natural gas on the northern end of the Midla system is delivered to two power plants operated by Entergy by way of the T-32 lateral and the CLECO Sterlington plant by way of the Sterlington lateral.
The Company�� s mainlin! e of the system has a design capacity of approximately 198 million cubic feet per day and consists of approximately 172 miles of low pressure, 22-inch diameter pipeline with laterals ranging in diameter from two to 16 inches. During 2012, average throughput on the Midla mainline was approximately 72.7 million cubic feet per day. The southern portion of the system, including interconnections with the MLGT system and other associated laterals, consists of approximately two miles of high and low pressure, 12-inch diameter pipeline. This section of the system primarily serves industrial and LDC customers in the Baton Rouge market. In addition, this section includes two small offshore gathering lines, the T-33 lateral in Grand Bay and the T-51 lateral in Eugene Island 28, each of which are approximately five miles in length. Natural gas delivered on the southern end of the system is sold under both firm and interruptible transportation contracts with average remaining terms of two years.
The MLGT system is an intrastate transmission system that sources natural gas from interconnects with the FGT Pipeline system, an interstate pipeline owned by Florida Gas Transmission Company, the Tetco Pipeline system, the Transco Pipeline system and its Midla system to a Baton Rouge, Louisiana refinery owned and operated by ExxonMobil and five other industrial customers. Its million cubic feet per day system has a design capacity of approximately 170 million cubic feet per day and is consisted of approximately 54 miles of pipeline with diameters ranging from three to 14 inches. The MLGT system is connected to seven receipt and 16 delivery points. During 2010, average throughput on the MLGT system was approximately 50.5 million cubic feet per day.
The Company�� other transmission systems include the Chalmette system, located in St. Bernard Parish, Louisiana, and the Trigas system, located in three counties in northwestern Alabama. The approximate design capacities for the Chalmette and Trigas sys! tems are ! 125 million cubic feet per day and 60 million cubic feet per day, respectively. During 2012, the approximate average throughput for these systems was 9.8 MMcf/d and 10.6 MMcf/d. It also owns a range of interconnects and small laterals that are referred to as the SIGCO assets.
The Company competes with Southern Natural Gas Company and Louisiana Intrastate Gas.
Advisors' Opinion: - [By Robert Rapier]
American Midstream Partners (NYSE: AMID) gained 96 percent in 2013 before accounting for distributions. American Midstream is engaged in the business of gathering, treating, processing, fractionating and transporting natural gas and natural gas liquids. Operations are organized into two segments, Gathering and Processing and Transmission. Assets are primarily located in Alabama, Louisiana, Mississippi, Tennessee and Texas. The partnership operates 2,100 miles of pipelines that gather and transport over 850 MMcf/d of natural gas. Units currently yield 6.8 percent.
- [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 American Midstream Partners (NYSE: AMID ) , whose recent revenue and earnings are plotted below.
- [By Robert Rapier and Igor Greenwald]
Some MLPs have experienced huge capital appreciation. Three–Icahn Enterprises (Nasdaq: IEP), Hi-Crush Partners (NYSE: HCLP), and The Blackstone Group (NYSE: BX)–gained over 100 percent in 2013. A fourth, American Midstream Partners (NYSE: AMID) gained 96 percent for the year.
- [By Monica Gerson]
American Midstream Partners LP (NYSE: AMID) is estimated to post a Q4 loss at $0.30 per share on revenue of $89.74 million.
Hill International (NYSE: HIL) is expected to post its Q4 earnings at $0.01 per share on revenue of $134.74 million.
Top 10 Healthcare Technology Stocks To Watch For 2015: Ormat Technologies Inc.(ORA)
Ormat Technologies, Inc., together with its subsidiaries, engages in the geothermal and recovered energy power business in the United States and internationally. The company operates in two segments, Electricity and Product. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells the electricity. The Product segment designs, manufactures, and sells power units for geothermal and recovered energy-based electricity generation; fossil fuel powered turbo-generators; and heavy duty direct-current generators. It also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy power plants. This segment serves contractors and geothermal power plant owners and operators; and interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and companies in other energy-intens ive industrial processes. The company was founded in 1965 and is based in Reno, Nevada. Ormat Technologies, Inc. is a subsidiary of Ormat Industries Ltd.
Advisors' Opinion: - [By John Udovich]
Yesterday, small cap geothermal stock U.S. Geothermal Inc (NYSEMKT: HTM) produced a geyser of a return when it surged 26.79%, meaning its worth taking a closer look at the stock verses the performance of other geothermal stocks like small cap Ormat Technologies, Inc (NYSE: ORA) and mid cap Calpine Corporation (NYSE: CPN).�First of all, I should mention there are some other geothermal stocks out there like Alterra Power Corp (CVE: AXY) and Ram Power Corp (TSE: RPG) who have their primary listing on Canadian exchanges with secondary ones on the OTC���meaning they may not be a good deal for American investors or easy to invest in. Second, U.S. Geothermal Inc itself is a good geothermal proxy as its�focused on developing, owning, and operating clean, sustainable electric power from geothermal energy resources and its�operating geothermal power projects at Neal Hot Springs, Oregon; San Emidio, Nevada; and Raft River, Idaho plus El Ceibillo, an advanced stage, geothermal prospect located within a 24,710 acre energy rights concession area near Guatemala City, the largest city in Central America.
Top 10 Healthcare Technology Stocks To Watch For 2015: Amphenol Corporation(APH)
Amphenol Corporation engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. Its Interconnect Products and Assemblies segment produces connectors and connector assemblies primarily for the communications, aerospace, industrial, and automotive markets. This segment provides connector and cable assembly products used in communication applications; smart card acceptor and other interconnect devices used in mobile telephones; set top boxes to facilitate reading data from smart cards; fiber optic connectors used in fiber optic signal transmission; backplane and input/output connectors and assemblies used for servers and data storage devices and linking personal computers and peripheral equipment; sculptured flexible circuits used for integrating printed circuit boards; and hinge products used in mobile phone and other mobile communication devices. It also designs a nd produces radio frequency connector products and antennas used in telecommunications, computer and office equipment, instrumentation equipment, local area networks, and automotive electronics. The company?s Cable Products segment produces coaxial cable and connector products used in cable television systems, including full service cable television/telecommunication systems; radio frequency and fiber optic interconnect components for full service cable television/ telecommunication networks; and data cables and specialty cables used to connect internal components in systems with space and component configuration limitations. Amphenol Corporation markets its products directly, as well as through manufacturers? representatives and distributors to original equipment manufacturers, contract manufacturers, cable system operators, and telecommunication companies. The company was founded in 1932 and is headquartered in Wallingford, Connecticut.
Advisors' Opinion: - [By Sally Jones] % over 12 months, Amphenol Corporation has a market cap of $12.88 billion and is traded at a P/E of 21.70. The dividend yield is 0.60%.
The current share price is around $80.94.
Incorporated in 1987, Amphenol Corporation designs, manufactures and markets electrical, electronic and fiber optic connectors, interconnect systems and coaxial and specialty cable. The markets for the global company's products are communication systems for the converging technologies of voice, video and data communications and a wide range of industrial applications including factory automation and motion control systems, medical and industrial instrumentation, and commercial aerospace and military applications, and many more.
Guru Action: As of June 30, 2013, Columbia Wanger reduced its position by 0.69%, selling 29,000 shares at an average price of $76.60, gaining 7.5%.
Columbia Wanger is the top guru stakeholder with 4,184,650 shares or 2.63% of shares outstanding.
Over a phenomenal five-year trading history, the firm averaged a gain of 215% on 828,250 shares bought at an average price of $25.71 per share. Columbia Wanger also gained 56% selling 1,608,300 shares at an average price of $51.91 per share.
Check out the very active insider selling and seven gurus holding APH.
Track share pricing, revenue and net income:
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- [By Ben Levisohn]
Competitor AVX Corp. (AVX) has gained 1.1% to $12.96, while Molex (MOLX) has dropped 0.2% to $29.28 and Amphenol (APH) has ticked up 0.3% to $76.32.
Top 10 Healthcare Technology Stocks To Watch For 2015: Omega Commercial Finance Corp (OCFN)
Omega Commercial Finance Corporation (Omega), incorporated on November 6, 1973, is a commercial real estate financing company that also provides asset backed lending services located in the Miami, Florida area. The Company consults on various financing programs with an emphasis on Loans secured by commercial real estate such as core assets that include office buildings, multi-family residences, shopping centers, industrial, and hotels, as well as asset backed loans secured by account receivables from established companies.
On February 20, 2012, CCRE Capital, LLC (CCRE), its wholly owned subsidiary entered into the Strategic Alliance Agreement (the Strategic Alliance) with Gardens VE Limited (Company No. 07071936), a British Company (Gardens). In January 2013, the Company acquired VFG Securities Incorporated and VFG Advisors Inc. The Company�� subsidiaries include CCRE (CCRE), OMEGA FACTORI and Omega Capital Street LLC.
The Company competes with CapitalSource Inc, Goldman Sachs Commercial Real Estate, Morgan Stanley Real Estate and JP Morgan Chase.
Advisors' Opinion: - [By Virginia Harrison]
The other big Olympic sponsors are Visa (V, Fortune 500), Samsung (SSNLF), Panasonic (PCRFF), General Electric (GE, Fortune 500), Dow Chemical (DOW, Fortune 500), Procter & Gamble (PG, Fortune 500), Omega (OCFN) and Atos (ATOS). They're staying tight-lipped about the issue in public but a senior official at the International Olympic Committee said this month that several had raised concerns about how the law could affect the Games.
