If you’re like best stock traders or investors, you’re more than likely always on the lookout for best stocks to watch and potentially buy should the stock reach your target entry price. Best stock opportunities come and go each day however, so instead of just providing you a list of penny stocks to look out for tomorrow (which will be pretty much useless to you the day after), I want to help educate you in the types of attributes to look for in a stock so that you are able to form your own best stock list at any time.
The example I’ll be using to illustrate my points at the present time is Great Western Minerals Group (GWG.V). Disclaimer – I own shares of GWG and will be merely using this stock as an example. What is right for me may not be right for you so always consult with a licensed financial advisor before making any investment decision. Now let’s get started.
Great Stocks 2012:SinoCoking Coal and Coke Chemical Industries Inc (SCOK)
SinoCoking Coal and Coke Chemical Industries, Inc. operates as a coal and coke producer in the People?s Republic of China. The company offers metallurgical coke primarily for use in steel manufacturing; and chemical coke primarily for use in the production of synthesis gas, as well as a fuel source or as an intermediate for the production of other chemicals, such as methanol, formaldehyde, and ammonia. It also provides medium coal for electricity generation, and domestic and industrial heating applications; and coal slurries for use as a fuel. The company mines and sells washed coal, as well as engages in the trading of coal. In addition, it produces electricity from its by product, coal tar and sells to the state-owned electricity grid. The company is based in Pingdingshan, the People's Republic of China.
Great Stocks 2012:KKR Financial Holdings LLC (KFN)
KKR Financial Holdings LLC, together with its subsidiaries, operates as a specialty finance company with expertise in a range of asset classes. It primarily invests in financial assets consisting primarily of below investment grade corporate debt, including senior secured and unsecured loans, mezzanine loans, high yield corporate bonds, and distressed and stressed debt securities; marketable equity securities; and private equity. The company also invests in other asset classes, including natural resources and real estate. Its corporate debt investments are held in collateralized loan obligation (CLO) transactions that the company uses as long term financing for these investments. The senior secured notes issued by the CLO transactions are owned by third party investors, who are unaffiliated with the company and it owns the majority of the mezzanine and subordinated notes in the CLO transactions. KKR Financial Advisors LLC serves as the manager of the company. KKR Financial Holdings LLC was founded in 2004 and is based in San Francisco, California.
Great Stocks 2012:Leggett & Platt Incorporated (LEG)
Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. Its Residential Furnishings segment offers bedding components, such as innersprings and wire forms; furniture components, including steel mechanisms, springs, seat suspensions, steel tubular seat frames, bed frames, ornamental beds, and power foundations; and structural fabrics, carpet underlay materials, and geo components. This segment serves manufacturers of finished bedding products or upholstered furniture. The company?s Commercial Fixturing & Components segment provides shelving, counters, showcases, and garment racks; standardized shelvings; point-of-purchase displays; and bases, columns, back rests, casters, and frames. This segment offers its products to retail chains and specialty shops; brand name marketers; distributors of consumer products; and office, institutional, and commercial furniture manufacturers. Its Industrial Materials segment provides steel rods, drawn wires, steel billets, fabricated wire products, welded steel tubing, and fabricated tube components to bedding and furniture, and mechanical spring makers; automotive seating, and lawn and garden equipment manufacturers; and waste recyclers, waste removal businesses, and medical supply businesses. The company?s Specialized Products segment offers manual and power lumbar support and massage systems; seat suspension systems; automotive control cables; low voltage motors; actuation assemblies; formed metal and wire components; quilting machines; machines for shaping wire into springs; industrial sewing/finishing machines; van interiors; and docking stations, as well as specialty trailers for telephone, cable, and utility companies. It serves bedding and automobile seating manufacturers. The company sells its products through its sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.
Advisors' Opinion:
- By Jeff Reeves At 2011-10-2! 1
Founded in 1883, Leggett & Platt Inc. (NYSE: LEG) designs and manufactures a wide range of products used in items from home furnishings to automobile interiors to wires and tubing for industrial use.
Current Yield: 4.1% ($1.08 a share annually)
Dividend History: In July 2010, Leggett & Platt paid a quarterly dividend of 26 cents a share. This July, LEG it will pay 27 cents, or a nearly 4% increase. LEG has paid dividends since 1939.
Dividend Outlook: According to Bloomberg data, LEG’s three-year dividend growth rate is expected to be 3.6%.
Recent Performance: Leggett & Platt has underperformed across the last year, but has really taken off in 2011. The manufacturer has doubled the market with a nearly 15% gain since Jan. 1, and is up against a new 52-week high.
Strong Outlook for Shares: Part of the reason Leggett & Platt has performed so well is because of strong earnings at the end of April, which showed a 10% jump in sales, beating expectations, and higher guidance for fiscal 2011. Big growth of 28% in the specialized products segment gives investors reason to be optimistic about LEG stock for the rest of the year.
Great Stocks 2012:Toro Company (The) (TTC)
The Toro Company designs, manufactures, and markets professional turf maintenance equipment and services worldwide. It operates in two segments, Professional and Residential. The Professional segment designs professional turf and agricultural products. It offers landscape contractor market products, including radius riding mowers, heavy-duty walk behind mowers, mid-size walk behind mowers, stand-on mowers, compact utility loaders, walk-behind trenchers, and stump grinders; sports fields and grounds market products, such as riding rotary mowers and attachments, aerators, debris management products, and multipurpose vehicles; and golf course market products comprising reel and rotary riding products, riding and walking mowers, turf sprayer equipment, utility vehicles, aeration equipment, and bunker maintenance equipment. This segment also provides residential/commercial irrigation market products consisting of rotors, sprinkler bodies and nozzles, plastic and brass valves, drip tubing and subsurface irrigation, and electric and hydraulic control devices; and micro-irrigation market products that regulate the flow of water for drip irrigation. It offers its products through distributors and dealers, as well as directly to government customers, rental companies, and professional users. The Residential segment offers walk power mowers; riding mowers; snow throwers; replacement parts; gas snow removal products; and home solutions products, such as trimmers, blowers, blower-vacuums, and underground and hose-end retail irrigation products. It markets its products to homeowners through outdoor power equipment dealers, hardware retailers, home centers, and mass retailers, as well as through the Internet. The Toro Company provides its products under the brand names of Toro, Exmark, Irritrol, Hayter, Pope, Lawn-Boy, and Lawn Genie. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Great Stocks 2012:Deluxe Corporation (DLX)
Deluxe Corporation, together with its subsidiaries, provides personalized printed products, promotional products, and merchandising materials in the United States, Canada, and Europe. Its Small Business Services segment offers printed products, including business checks, promotional products, marketing materials, and related services, as well as retail packaging supplies and a suite of business services comprising Web design and hosting, fraud protection, payroll, logo design, search engine marketing, business networking, and other Web-based services to small businesses. This segment also offers printed forms, such as billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms; computer forms; and stationery, letterhead, envelopes, greeting cards and labels, and business cards in various formats and ink colors. It sells its products through mail and the Internet, referrals from financial institutions and telecommunications clients, independent distributors and dealers, and sales representatives. The company?s Financial Services segment provides check programs for personal and business checks, fraud prevention and monitoring services, customer acquisition campaigns, marketing communications, regulatory program services, and customer loyalty programs to banks, credit unions, and financial services companies primarily through direct sales force. Its Direct Checks segment sells personal and business checks, and related products and services directly to consumers through direct response marketing and the Internet. Deluxe also offers online financial management tools that provide banks with daily access to their financial position and general ledger information. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Shoreview, Minnesota.
Great Stocks 2012:Micron Technology Inc. (MU)
Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR2 and DDR3; and other specialty DRAM memory products, including DDR, SDRAM, DDR and DDR2 mobile low power DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. In addition, it provides NOR flash memory products that are electrically re-writeable and non-volatile semiconductor memory devices; phase change memory products; and image sensor products. Micron Technology?s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still cameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel. The company was founded in 1978 and is headquartered in Boise, Idaho.
Advisors' Opinion:
- By Fitz Gerald At 2011-8-26
The company's management has indicated a positive and more-balanced DRAM and NAND flash demand/supply outlook for 2011. The company also indicated a more-resilient near-term business model with low exposure to the weak PC DRAM segment (25 percent of revenues).
Micron also indicated strong demand for NAND flash and price reductions consistent with learning curve cost reductions. With many smartphone and iPad/new Web tablets ramping, Micron management expects the benign pricing environment for NAND flash to continue in 2012.
Great Stocks 2012:People's United Financial Inc. (PBCT)
People?s United Financial, Inc. operates as the bank holding company for People?s United Bank that provides commercial banking, retail and business banking, and wealth management services to individual, corporate, and municipal customers. Its Commercial Banking segment provides commercial and industrial lending, commercial real estate lending, and commercial deposit gathering services, as well as equipment financing, cash management, correspondent banking, and municipal banking services. The company?s Retail and Business Banking segment offers consumer and business deposit gathering services; consumer lending products, including residential mortgage, home equity, and indirect auto lending; business lending; and merchant services. Its Wealth Management segment provides trust services, corporate trust, brokerage, financial advisory services, investment management services, and life insurance and other insurance services, as well as private banking services. The company also offers online and telephone banking, and investment trading services, and automated teller machine (ATM) services. As of March 31, 2011, it operated a network of approximately 341 branches, including full-service supermarket branches, investment and brokerage offices, and commercial banking offices, as well as approximately 518 automated teller machines in Connecticut, Vermont, New York, New Hampshire, Maine, and Massachusetts. The company was founded in 1842 and is headquartered in Bridgeport, Connecticut.
Great Stocks 2012:TECO Energy Inc. (TE)
TECO Energy, Inc., an electric and gas utility company, through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy. It provides retail electric service to approximately 672,000 customers in West Central Florida with a net winter system generating capability of 4,684 megawatts. The company also engages in the purchase, distribution, and marketing of natural gas. It serves approximately 336,000 residential, commercial, industrial, and electric power generation customers in Florida. In addition, the company owns mineral rights, owns or operates surface and underground mines, and owns interests in coal processing and loading facilities. TECO Energy, Inc. was founded in 1899 and is headquartered in Tampa, Florida.