Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Universal Truckload Services (NASDAQ: UACL ) , a North American provider of trucking and logistics solutions, jumped as much as 12% after receiving an upgrade from BB&T�Capital Markets.
So what: According to BB&T Capital Markets, Universal Truckload's product offerings should broaden and its gross margins should improve following its $335 million purchase of privately held LINC Logistics, announced last year. BB&T upgraded Universal Trucking to a buy from a hold and set its price target at $33, implying 32% upside based on Friday's closing price.
Now what: As usual, the first thing you need to do is not allow the extremely short-term movements of analysts to cloud your long-term investing thesis. In the case of Universal Truckload, it's going to be a bumpy ride but management seems to have the steering wheel pointed in the right direction. The purchase of LINC adversely affected the company's bottom line because of a change in tax code last quarter and Universal could suffer as it sheds lower margin and unprofitable operations. However, I do see value in the LINC purchase and feel, after a moderate pullback, that this could be a name worth keeping an eye on in the trucking sector.
Top 5 Trucking Companies To Own In Right Now: Oasis Petroleum Inc.(OAS)
Oasis Petroleum Inc., an independent exploration and production company, engages in the acquisition and development of oil and natural gas resources in the Montana and North Dakota regions of the Williston Basin. The company?s primary project areas include West Williston, East Nesson, and Sanish. As of December 31, 2011, it had approximately 78.7 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. was founded in 2007 and is based in Houston, Texas.
Top 5 Trucking Companies To Own In Right Now: Amplefield Limited (C60.SI)
Amplefield Limited, an investment holding company, engages in components manufacturing, precision machining, and precision assembly businesses in Malaysia and the Philippines. It also invests in properties and provides trading services. The company is based in Kuala Lumpur, Malaysia.
Top Financial Companies To Invest In 2014: Hauppauge Digital Inc.(HAUP)
Hauppauge Digital Inc. engages in the design, development, manufacture, and marketing of analog and digital TV tuner products for the personal computer (PC) market in the Americas, Europe, and Asia. It offers video recorder products, such as USB-Live2, a standard definition video recorder used to record video tapes and other types of video into a PC; HD PVR, a high-definition video recorder for making real-time H.264 compressed video recordings at resolutions up to 1080i, and to record old home video tapes into an AVCHD format; and Colossus to record high definition video from a cable TV or satellite set top box, or an Xbox 360 or Sony playstation 3 game console. The company also provides TV receivers, including Broadway that connects to a TV signal and then transmits that TV signal through a Wi-Fi network or the Internet; analog TV tuners to enable a PC user to watch analog cable TV in a resizable window; digital TV receivers and hybrid analog/digital TV receivers, which allow a PC user to watch digital television in a resizable window on a PC or laptop screen; and PCTV TV tuner products that allow users to view television programming on their computers. In addition, it offers non-TV tuner products comprising WinTV application, a PC-based TV watching, pause, and recoding application; WinTV Extend software product, a PC-based Internet video server that streams live TV or other video content to remote devices; Impact video capture board for PC-based video conferencing and video capture in industrial applications; MediaMVP-HD, a Linux-based digital media device that links TV sets and PCs; and MediaMVP to watch and listen to PC-based videos, music, and pictures on a TV set through a home network, as well as provides an on-TV-screen display of media directory listings. The company sells its products through retailers, PC manufacturers, and distributors. Hauppauge Digital Inc. was founded in 1994 and is headquartered in Hauppauge, New York.
Top 5 Trucking Companies To Own In Right Now: EMCORE Corporation(EMKR)
EMCORE Corporation, together with its subsidiaries, provides compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets. The company operates in two segments, Fiber Optics and Photovoltaics. The Fiber Optics segment offers broadband products, including cable television, fiber-to-the-premises, satellite communication, video transport, and defense and homeland security products; and digital products comprising telecom optical, enterprise, laser/photodetector component, parallel optical transceiver and cable, and fiber channel transceiver products. This segment?s products enable information that is encoded on light signals to be transmitted, routed, and received in communication systems and networks. The Photovoltaics segment provides gallium arsenide (GaAs) multi-junction solar cells, covered interconnected cells, and solar panels for satellite applications; and concentrating photovoltaic (CPV) power systems for commercial and utility scale solar applications, as well as GaAs solar cells and integrated CPV components for use in other solar power concentrator systems. The company markets its products through its direct sales force, external sales representatives and distributors, and application engineers worldwide. EMCORE Corporation was founded in 1984 and is headquartered in Albuquerque, New Mexico.
Advisors' Opinion:- [By Bill]
EMCORE Corp.(NASDAQ: EMKR) closing price in the stock market Tuesday, Jan. 3, was $0.951. EMKR is trading 2.16% above its 50 day moving average and -39.24% below its 200 day moving average. EMKR is -70.74% below its 52-week high of $3.25 and 15.98% above its 52-week low of $0.82. EMKR‘s PE ratio is N/A and its market cap is $89.46M .
EMCORE Corp. provides compound semiconductor-based products for the broadband, fiber optics, space, and solar power markets. The company operates in two segments, Fiber Optics and Photovoltaics.
Top 5 Trucking Companies To Own In Right Now: Txt E-solutions(TXTS.MI)
TXT e-solutions S.p.A. provides various software products and solutions to the industrial sector in Italy and internationally. It offers TXT PERFORM, a suite of demand and supply chain management solutions, which comprises TXT CDMi, a collaborative demand management and intelligence tool; TXTPLAN that provides optimization algorithms, what-if capabilities, and performance management capabilities within an integrated environment for production, inventory, distribution, and replenishment planning; PDMi, a product data management and intelligence tool, which provides product data management and collection design and development capabilities; TXTCHAIN, a Web-based supplier relationship management tool for communication and process management with partners; and TXTMAKE, that supports planning and managing production operations? workflows and reporting. The company also provides TXT NEXT, that offers a portfolio of system integration and information technology services, primari ly for aerospace and defense, and high tech manufacturing, and banking and finance sectors. In addition, TXT e-solutions offers TXT Polymedia Video, that captures, manages, handles, and distributes videos on different media and channels; and Polymedia advertising, which provides interactive advertising solutions to various channels and media. The company has strategic partnerships with Microsoft, IBM, Accenture, and HP. The company was formerly known as TXT Ingegneria Informatica S.p.A and changed its name to TXT e-solutions S.p.A. in March 2000. TXT e-solutions S.p.A. was founded in 1989 and is headquartered in Milan, Italy.
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