With the stock market already having put in a strong year's worth of performance in just the first six months of 2013, investors are torn between fear and greed. On one hand, as mainstream investors start to turn their attention away from bonds and toward stocks, investors who stick with the stock market could earn even stronger gains throughout the rest of the year. On the other hand, the gains we've already seen imply economic strengthening that might prove unsustainable.
For today, though, the bulls are winning the argument. Rising levels of construction spending and manufacturing activity in the U.S., as well as a strong Tankan survey in Japan, lent support to those who believe the global economy is on the upswing. Those reports helped push the Dow Jones Industrials (DJINDICES: ^DJI ) up 145 points by 10:45 a.m. EDT, while the S&P 500 and Nasdaq rose even more sharply.
But looking at how various stocks are performing today gives some hints that investors might not be quite as bullish as you'd expect. Caterpillar (NYSE: CAT ) and Alcoa (NYSE: AA ) , which have lagged the Dow badly this year and have acted as a proxy for sentiment about the global economy, posted only modest gains of around 0.1%. Although a single day doesn't provide much information about long-term prospects, the first day of the month often represents a big day for money flowing into the market, so watching these stocks fail to attract investor attention signals that investors aren't convinced that the construction and commodities businesses are likely to be the strongest performers in the near future. Alcoa continues to make moves to shut down production facilities in response to poor pricing conditions, while Caterpillar's acquisition this morning of marine propulsion and control company Berg Propulsion wasn't enough to drive interest in the construction equipment giant.
Top 10 Building Product Stocks To Invest In Right Now: Globe International Ltd (GLB)
Globe International Limited is an Australia-based company, engaged in the design, marketing and distribution of apparel, footwear and skate hardgoods brands for the action sports and street fashion markets. The company operates in the sale of goods in the Action Sports market. The Company operates in three segments include Australasia, North America and Europe. Globe International products were sold to nearly 100 countries around the world.The Company maintains distribution business of third party owned brands for the Australian and New Zealand market operating under its Hardcore and 4 Front divisions. As of June 30, 2012, the Company�� proprietary brands include Globe, Enjoi, Blind, Dusters, Almost, Cliche, Darkstar, Speed Demons, Tensor and Gallaz. Advisors' Opinion:- [By Inyoung Hwang]
Glanbia Plc (GLB) rallied the most in more than two years as food and beverage shares gained. Hennes & Mauritz AB jumped 6.9 percent after reporting monthly sales that beat estimates. Edenred SA rose 7.8 percent after Raymond James Financial Inc. said margins may improve in 2014. Fresnillo Plc sank 14 percent after missing out on inclusion in a gold-miners gauge.
Hot Performing Stocks For 2014: Equity Residential (EQR)
Equity Residential (EQR) is a real estate investment trust (REIT). The Company is focused on the acquisition, development and management of multi-family residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents, in United States. ERP Operating Limited Partnership (or Operating Partnership), which is an Illinois limited partnership, conducts the multifamily residential property business of EQR. All of the Company's property ownership, development and related business operations are conducted through the Operating Partnership. The Operating Partnership holds all of the assets of the Company, including the Company's ownership interests in its joint ventures. As of December 31, 2011, the Company, directly or indirectly through investments in title holding entities, owned all or a portion of 427 properties located in 15 states and the District of Columbia consisting of 121,974 apartment units. In December 2012, it acquired four multifamily properties totaling 1,134 units.
The Company is structured as an umbrella partnership REIT (UPREIT). EQR is the general partner of, and, as of December 31, 2011, owned an approximate 95.7% ownership interest in ERPOP. The remaining 4.3% interest is owned by limited partners. As of December 31, 2012, the Company�� wholly owned properties included 404 properties and 113,157 apartment units. Its consolidated partially owned properties include 21 properties and 3,916 apartment units. The Company�� military housing includes two properties and 4,901 apartment units. As of December 31, 2011, the Company�� properties had an average occupancy of approximately 94.2% (94.7% on a same store basis).
During the year ended December 31, 2011, EQR acquired apartment properties consisting of 20 consolidated properties and 6,103 apartment units and acquired five land parcels; acquired one vacant land parcel in New York City in a joint venture with Toll Brothers, and acquired o! ne unoccupied property in the San Francisco Bay Area consisting of 95 apartment units. During 2011, it also acquired a 97,000-square foot commercial building adjacent to its Harbor Steps apartment property in downtown Seattle, and sold consolidated apartment properties consisting of 47 properties and 14,345 apartment units. Subsequent to 2011, the Company acquired two land parcels, and sold one property consisting of 704 apartment units.
Advisors' Opinion:- [By Sean Williams]
This week, I'd like to turn your attention back to the residential real estate investment trust sector and highlight why Equity Residential (NYSE: EQR ) is a great income-producing stock you can trust moving forward.
- [By Rich Duprey]
Apartment-building operator�Equity Residential (NYSE: EQR ) announced today its second-quarter dividend of $0.40 per share, the same rate it paid last quarter after raising the payout 18.5%, from $0.3375 per share, in the third quarter of 2012.
- [By Susan J. Aluise]
Like all ETFs, REZ offers the diversification of a mutual fund, with low expenses and the advantages of trading on a major exchange just like a stock. REZ�� top holdings include multifamily REITs like AvalonBay (AVB), Equity Residential (EQR), Essex Property Trust (ESS) as well as Public Storage (PSA) common stock, which also benefits from the rental housing boom.
Hot Performing Stocks For 2014: Model N Inc (MODN)
Model N, Inc., incorporated on December 14, 1999, is a provider of revenue management solutions for the life science and technology industries. The Company�� solutions enable its customers to maximize revenues and reduce revenue compliance risk by transforming their revenue lifecycle from a series of tactical, disjointed operations into a strategic end-to-end process. The Company�� customers use its application suites to manage mission-critical functions, such as pricing, contracting, incentives and rebates. Its solutions include two complementary suites of software applications, Revenue Management Enterprise and Revenue Management Intelligence. On January 18, 2012, the Company acquired certain assets of LeapFrogRx, Inc. (LeapFrogRx), a privately held cloud-based analytics solution provider for the pharmaceutical industry.
The Company provides solutions that span the organizational and operational boundaries of functions such as sales, marketing and finance, and serve as a system of record for key revenue management processes including pricing, contracts, rebates and regulatory compliance. Its application suites are purpose-built for the life science and technology industries and are designed to work with enterprise resource planning (ERP) and customer relationship management (CRM) applications that do not typically provide revenue management capabilities by enabling real-time pricing, managing contracts and automating channel incentives management, including rebates.
Revenue Management Enterprise suite
A broad set of transactional applications that serve as a system of record for, and automate the execution of revenue management processes such as incentive and rebate management, pricing and contracting. This suite includes its Price Management, Deal Management, Contract Management, Incentive and Rebate Management and Regulatory Compliance Management applications, which can be purchased together as a suite or as separate stand-alone applications.
Revenue Management Intelligence suiteA broad set of intelligence applications that provide the analytical insights to define and optimize revenue management strategies. This suite includes its Price Strategy, Brand Strategy, Channel Strategy, Managed Markets Strategy and International Reference Pricing applications, which can be purchased together as a suite or as separate stand-alone applications.
Advisors' Opinion:- [By Lee Jackson]
Model N Inc. (NYSE: MODN) develops applications, such as managed care and government pricing, for life science companies and channel incentives based on design wins for technology companies. The company’s customers use its application suites to manage mission-critical functions, such as pricing, contracting, incentives and rebates. The company had a recent initial public offering (IPO) that traded as high as $24.80 before badly missing earnings and being taken to the woodshed. Deutsche Bank still rates it as a stock to buy and has a $12 price target. The consensus target is at $15. The stock closed Friday at $9.88.
- [By Rick Munarriz]
I went out on a limb last week, and now it's time to see how that decision played out.
I predicted that Model N (NYSE: MODN ) would post a smaller loss than analysts were expecting. The provider of revenue management solutions has been a dud since going public nearly a year ago, but one thing it has consistently done is post a smaller deficit than what the pros are forecasting. Wall Street was settling for a loss of $0.12 a share, and Model N sported only $0.03 a share in red ink. The stock soared 19% on Tuesday after the better-than-expected report. I was right. After more than a year of predicting that the tech-heavy Nasdaq would outperform the Dow Jones Industrial Average � (DJINDICES: ^DJI ) , I mixed things up two weeks ago. I simply predicted that the Dow would bounce back after plunging 3.5% and 1.1% over the prior two weeks. I repeated the call this time around, and the Dow responded with a hearty 2.3% gain. I was right.� My final call was for LeapFrog (NYSE: LF ) to beat Wall Street's income estimates in its latest quarter. The maker of electronic learning toys has been routinely beating Wall Street projections over the past year. I was banking on a repeat performance, but it wasn't to be. LeapFrog merely broke even on a sharper drop in revenue than expected. Analysts had been braced for a profit of $0.14 a share. I was wrong.Two out of three? I can do better than that. Let me once again whip out my trusty, dusty, and occasionally accurate crystal ball to make three calls that may play out over the next few trading days.
Hot Performing Stocks For 2014: Tianrong Internet Products and Services Inc (TIPS)
Tianrong Internet Products and Services, Inc. (TIPS), incorporated on January 29, 1959, is a holding company. The Company is a development-stage company. The Company is engaged in developing and marketing its Website (Phonecalls.com) for commercial exploitation. TIPS is an e-commerce business which is engaged in reselling mobile and other telephony solutions to customers via its Website. The company markets products on behalf of suppliers through search marketing and other e-marketing initiatives, such as virtual mail shots.
The Company�� Website catalogues new and refurbished mobile handsets and landline phones from a range of suppliers, as well as a variety of accessories. Customers can purchase products by clicking directly through to the supplier�� Website and the Company l receives a commission on sales made. Suppliers can upload their product advertisements remotely and independently without any human interaction with the Company.
Advisors' Opinion:- [By Canadian Value]
To quantify the relationship between real gold prices and real yields, we can regress the price of gold from 2006 to 2013 (we used the logarithm of the real price of gold in our model) against the 10-year real yield from the Treasury Inflation-Protected Securities (TIPS) market. (In our view, this regression is appropriate since gold and real yields are co-integrated and there is an economic rationale for believing they should be.) Based on our study, the regression shows that, all else equal, a 100-basis-point (bp) increase in 10-year real yields has historically led to a decline of 26.8% in the inflation-adjusted price of gold. In other words, over the past seven years gold has had a real duration of 26.8 years. (Note that this is solely an empirical duration that describes the way that gold has traded. Since gold has no cash flows, its duration does not need to be constant, and there is nothing magic about the 26.8 number. Just as the correlation between stocks and bonds varies over time depending on changes in macroeconomic variables and investor risk appetite, the real duration of gold may also change in the future.)
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