With shares of General Electric (NYSE:GE) trading around $27, is GE an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework:
T = Trends for a Stock’s MovementGeneral Electric is a diversified industrial, technology, and financial services company that operates worldwide. The products and services of the company range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing, and industrial products. General Electric�� segments are Energy Infrastructure, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital. General Electric is a leading provider of a wide range of products and many are essential in daily lives of consumers and companies around the world.
General Electric on Monday continued its push to expand its healthcare operation, agreeing to acquire certain life science assets of Thermo Fisher Scientific for $1.06 billion in cash.�The deal includes Waltham, Mass.-based Thermo Fisher’s cell culture, gene modulation, and magnetic bead businesses. The units, part of Thermo Fisher’s analytical technologies segment, generated combined revenue of about $250 million in 2013.�Fairfield, Conn.-based GE has been seeking to refocus its sprawling collection of businesses since the economic downturn, and looking to divest its consumer finance operations and to grow in healthcare and energy. The company said the Thermo Fisher units would be folded into its $4 billion-sales GE Healthcare life sciences business, giving it a more complete portfolio of tools used for cell biology research, cell therapy and for the manufacture of new biological medicines and vaccines.
Best Financial Companies To Own In Right Now: National Bankshares Inc.(NKSH)
National Bankshares, Inc. operates as the holding company for the National Bank of Blacksburg (NBB), a chartered national bank that provides a range of retail and commercial banking services to individuals, businesses, non-profits, and local governments in Virginia. It offers demand, money market, savings, and certificates of deposit accounts; commercial, agricultural, real estate, home equity, and consumer loans; merchant credit card services, and business and consumer debit and credit cards; letters of credit, night depositories, safe deposit boxes, travelers? checks, utility payment services, and automatic funds transfers; and telephone and Internet banking services. The company operates 24 branch offices and 25 automated teller machines in southwest Virginia. NBB also conducts a general trust business that provides wealth management, and trust and estate services for individual and business customers. In addition, the company, through its subsidiary, National Bankshar es Financial Services, Inc., offers non-deposit investment products and insurance products. The company was founded in 1891 and is headquartered in Blacksburg, Virginia.
Best Financial Companies To Own In Right Now: Investec(INVP.L)
Investec plc provides various financial products and services primarily in the United Kingdom, South Africa, and Australia. The company operates in six divisions: Asset Management, Wealth and Investment, Property Activities, Private Banking, Investment Banking, and Capital Markets. The Asset Management division offers investment products and services to institutional and individual investors. The Wealth and Investment division provides investment management services for private clients, charities, and pension schemes and trusts, as well as independent financial planning advice for private clients and businesses. The Property Activities division involves in the property investments, property fund and asset management, property trading and development, and property backed distressed debt acquisition activities. The Private Banking division offers personal savings, mortgage services, treasury products, and cash management; growth and acquisition finance; wealth management; sp ecialized lending; structured property finance; and trust and fiduciary services targeting high net worth individuals, wealthy entrepreneurs, professionals, self-employed entrepreneurs, owner managers in mid-market companies, and investors. The Investment Banking division provides corporate finance, institutional research, sales and trading, direct investments, and private equity services to the listed and unlisted companies, fund managers, government, and parastatals. The Capital Markets division offers asset and liability management, treasury, interest rate, structured equity, financial, structured and asset finance, project finance, commodities and resource finance, debt capital market, and corporate and leveraged debt services to corporate clients, public sector bodies, and institutions. The company was founded in 1974 and is based in London, the United Kingdom. Investec plc operates as a subsidiary of Investec Group.
Top 10 Value Companies To Buy For 2014: Liberte Investors Inc. (FAC)
First Acceptance Corporation, through its subsidiaries, engages in retailing, servicing, and underwriting non-standard personal automobile insurance and related products. Its primary business involves issuing automobile insurance policies to individuals who are categorized as non-standard based primarily on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment history or need for monthly payment plans, and failure to maintain continuous insurance coverage or driving record. The company also offers optional products that provide ancillary reimbursements and benefits in the event of an automobile accident; and underwrites a tenant homeowner policy that provides contents and liability coverage to renters. In addition, it engages in activities related to the disposition of real estate held for sale. The company distributes its products through retail locations. As of March 31, 2012, it leased and op erated 378 retail locations. First Acceptance Corporation was founded in 1969 and is based in Nashville, Tennessee.
Advisors' Opinion:- [By John Udovich]
Auto sales continue to rise and that is good news for small cap auto insurers Infinity Property and Casualty Corp (NASDAQ: IPCC), First Acceptance Corporation (NYSE: FAC) and Atlas Financial Holdings Inc (NASDAQ: AFH) which are focused on niche auto insurance markets.�A Yahoo! Autos blog post�recently noted that in August, automakers sold 1.5 million new vehicles for the highest rate in years. Moreover,�most industry forecasters expect sales to�return to the level they hit before the 2008 recession of 16 million vehicles a year. The blog post then went on to note the three forces driving auto sales:
Best Financial Companies To Own In Right Now: ProAssurance Corporation(PRA)
ProAssurance Corporation, through its subsidiaries, provides medical and other professional liability insurance products to health care service, legal service, and other professional service providers in the United States. It primarily offers its products to physicians, dentists, chiropractors, optometrists, and allied health professionals. The company markets its products through an internal sales force, as well as independent agents. ProAssurance Corporation was founded in 1976 and is based in Birmingham, Alabama.
Advisors' Opinion:- [By Lauren Pollock]
ProAssurance Corp.(PRA) agreed to acquire Eastern Insurance Holdings Inc.(EIHI) for about $205 million, expanding the insurance company’s casualty insurance offerings. Eastern Insurance is a domestic casualty insurance group specializing in workers’ compensation products and services, among other things. ProAssurance plans to pay $24.50 in cash for each outstanding Eastern share, a 16% premium over Monday’s closing price.
- [By Rich Duprey]
Specialty insurance company�ProAssurance� (NYSE: PRA ) �announced yesterday�its second-quarter dividend of $0.25 per share, the same rate it's paid since it initiated a payout in 2011.
Best Financial Companies To Own In Right Now: Imperial Equities Inc. (IEI.V)
Imperial Equities Inc. engages in real estate and pharmaceutical businesses in Canada. The company�s Real Estate segment is involved in the acquisition, development, redevelopment, and leasing of commercial and industrial properties in Alberta, Canada. Its Pharmaceuticals segment engages in the sale and distribution of pharmaceutical products to hospitals, long-term care networks, corporate clinical environments, retail pharmacies, and medical and veterinary clinics. Imperial Equities Inc. was incorporated in 1998 and is headquartered in Edmonton, Canada.
Best Financial Companies To Own In Right Now: Alexandria Real Estate Equities Inc. (ARE)
Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories, and other improvements. The company offers its properties for lease primarily to universities and independent not-for-profit institutions; and pharmaceutical, biotechnology, medical device, life science product, service, biodefense, and translational research entities, as well as governmental agencies. As of December 31, 2006, it had 159 properties, including 156 properties located in 9 states in the United States and 3 properties located in Canada. As a REIT, the company is not subject to federal income tax to the extent that it distributes 100% of its taxable income to its stockholders. The company was founded in 1993 and is based in Pasadena, California.
Advisors' Opinion:- [By Markus Aarnio]
Owens Realty Mortgage's competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.
- [By Shauna O'Brien]
Real estate investment trust Alexandria Real Estate Equities Inc (ARE) announced on Tuesday that its board has approved a 4.6% increase to its quarterly dividend.
The firm has raised its dividend from 65 cents to 68 cents per share, or $2.72 annually. The dividend will be paid on October 15 to shareholders of record on September 30. The stock will go ex-dividend on September 26.
Alexandria Real Estate Equities shares were mostly flat during pre-market trading Tuesday. The stock is down 9% YTD.
Best Financial Companies To Own In Right Now: Doxa Energy Ltd (DXA.V)
Doxa Energy Ltd., a junior oil and gas company, engages in the acquisition, exploration, and development of oil and gas properties primarily in south Texas, the United States. The company develops and maintains a portfolio of producing and developing conventional projects; and unconventional assets, including the Eagle Ford Shale Oil Play in south Texas. It also holds interest in the Mississippian Oil Play in northern Oklahoma. Doxa Energy Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Best Financial Companies To Own In Right Now: Stratus Properties Inc.(STRS)
Stratus Properties Inc. engages in the acquisition, development, management, operation, and sale of commercial, hotel, entertainment, and multi-family and single-family residential real estate properties located primarily in the Austin, Texas area. It operates the W Austin Hotel & Residences project located on a 2-acre city block in downtown Austin; and residential real estate properties, including developed, under development, and undeveloped properties in the Barton Creek community, the Circle C community and Lantana, and the condominium units at the W Austin Hotel & Residences project. The company also engages in the leasing of commercial properties comprising two office buildings at 7500 Rialto Boulevard; office and retail space at the W Austin Hotel & Residences project; and a retail building and a bank building in the Barton Creek Village, as well as two retail buildings, including a bank building and the Parkside Village project in the Circle C community. Stratus Pr operties Inc. was founded in 1992 and is headquartered in Austin, Texas.
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