After spinning off its pharmaceutical business -- and most of its dividend, essentially -- you may think Abbott Laboratories (NYSE: ABT ) is relegated to a boring medical-device company. Heart stents just aren't as sexy as the megablockbuster drugs now being wielded by AbbVie� (NYSE: ABBV ) . The spinoff also took a promising�pipeline and most of the former company's dividend, which may make investors think twice about owning a slow-growing, mediocre-paying company such as Abbott.�
Simply put, the medical-device industry won't offer the high growth�that investors enjoy with pharmaceutical companies. You may call it boring, but sometimes boring can be a long-term investor's best friend.
If that gets your attention, you should give Abbott Laboratories stock a hard look, as it's well positioned to capitalize on the steady growth of the broader health-care industry. The company's focus on innovative new laboratory products bodes well for investors and could dramatically lower diagnostic times for health-care professionals and patients. Better yet, its nutritional segment is making up for lackluster growth in medical devices and established pharmaceuticals. Here's a big-picture view.
Top 10 Gas Utility Companies To Invest In 2015: 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.
Advisors' Opinion:- [By Dividends4Life]
Related Articles:
- People's United Financial Inc. (PBCT) Dividend Stock Analysis
- Emerson Electric Co. (EMR) Dividend Stock Analysis
- Archer Daniels Midland Company (ADM) Dividend Stock Analysis
- AT&T Inc. (T) Dividend Stock Analysis
- More Stock Analysis
10 Best Dividend Stocks To Own For 2014: Progress Energy Inc.(PGN)
Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power to generate electricity. The company also engages in various alternative energy projects to generate electricity from swine waste and other plant or animal sources, biomass, solar, hydrogen, and landfill-gas technologies. Progress Energy serves various industries, including chemicals, textiles, paper, food, metals, wood products, rubber and plastics, and stone products, as well as phosphate rock mining and processing, electronics design and manufacturing, and citrus and other food processing. It has approximately 22,000 megawatts of regulated electric generation capacity and serves approximately 3.1 million retail electric customers, as well as other load-serving entities. The company was formerly known as CP&L Energy, Inc. Progress En ergy, Inc. was founded in 1925 and is headquartered in Raleigh, North Carolina.
Advisors' Opinion:- [By Holly LaFon] ess Energy shares climbed over 2011 as the company announced in January it would merge with Duke Energy. Together, they will form the nation�� largest utility with a combined enterprise value of $65 billion and $37 billion in market cap. The new company will have 57 gigawatts of domestic generating capacity through a mix of coal, nuclear, natural gas, oil and renewable resources. Progress energy shareholders will receive an approximately 3 percent dividend increase.
Incidentally, development of a comprehensive energy policy was one of what Grantham called ��he most important and most dangerous issues��facing the world.
Progress is at the forefront of the push for nuclear energy in the U.S., which has been deemed the ��uclear renaissance.��Thirty-five percent of the electricity used by Progress Energy customers comes from one of their four nuclear sites, two in North Carolina, and one each in South Carolina and Florida. It plans to build another reactor in Levy County, Florida.
Revenue at Progress Energy has declined at a 2.6% annual rate over the past five years, and it achieved cash flow of $95 million in 2010, after three years of losses. Earnings have remained positive, reaching a record for the decade of $856 million in 2010.
RSC Holdings (RRR)
RSC is a machinery rental service for construction, industrial, petrochemical, governmental and manufacturing businesses in the U.S. and Canada. RSC tends to benefit in economic downturns, as more businesses turn to renting rather than buying equipment to cut costs. Rented equipment rose 20.7% percent (the sixth consecutive quarter of double-digit growth) and rental revenue increased 27% in the fourth quarter of 2011, compared to last year.
United Rentals (URI), one of RSC�� largest competitors, had a rental revenue increase of 18.5% in the fourth quarter compared to last year, which included a 6.7% increase in rental rates.
The company�� fleet utilization also
10 Best Dividend Stocks To Own For 2014: Integrys Energy Group(TEG)
Integrys Energy Group, Inc., through its subsidiaries, operates as a regulated electric and natural gas utility company in the United States and Canada. It provides natural gas utility services in Chicago, Wisconsin, Michigan, and Minnesota. As of December 31, 2009, the company served approximately 1,669,000 residential, commercial and industrial, transportation, and other customers. It had approximately 22,000 miles of natural gas distribution mains; and approximately 1,010 miles of natural gas transmission mains. The company also generates and distributes electric energy form coal, natural gas, fuel oil, hydroelectric, and wind resources in Wisconsin and Michigan. It served approximately 489,000 residential, commercial and industrial, wholesale, and other customers. In addition, Integrys Energy offers nonregulated energy supply and services; and electric transmission services. The company was formerly known as WPS Resources Corporation and changed its name to Integrys En ergy Group, Inc. in February 2007. Integrys Energy Group, Inc. was founded in 1883 and is based in Chicago, Illinois.
Advisors' Opinion:- [By Justin Loiseau]
Subsidiary switch-up
AGL Resources�announced Thursday that it has officially handed off subsidiary Compass Energy Services to Integrys Energy (NYSE: TEG ) for an initial cash consideration of $12 million, with an additional $3 million to $8 million cash consideration. If the unregulated natural gas subsidiary fares well over the next five years, Integrys will fork over more finances for its purchase. If not, AGL could be left with $15 million total for the sale. For now, AGL will record a $9 million to $11 million pre-tax gain for Q2 2013. - [By Justin Loiseau]
Integrys Energy (NYSE: TEG ) has officially received regulatory approval for a $220 million modernization project for its Wisconsin Public Service subsidiary. After completing a pilot project in 2012, the utility developed plans for a five-year large scale project to start in 2014.
10 Best Dividend Stocks To Own For 2014: Nordson Corporation(NDSN)
Nordson Corporation manufactures equipment used for precision dispensing, testing and inspection, and surface preparation and curing. Its Adhesive Dispensing Systems segment manufactures equipment for applying adhesives, lotions, and liquids to disposable products; automated adhesive dispensing systems for the food and beverage, and packaged goods industries; hot melt and cold glue adhesive dispensing systems for the paper and paperboard converting industries; adhesive and sealant dispensing systems for bonding or sealing plastic, metal, and wood products; and laminating and coating systems to manufacture continuous-roll goods in the nonwovens, textile, paper, and flexible-packaging industries. The company?s Advanced Technology Systems segment comprises automated gas plasma treatment systems used to clean and condition surfaces for the semiconductor, medical, and printed circuit board industries; controlled manual and automated systems for applying materials in customer pr ocesses requiring precision and material conservation; ultraviolet equipment used in curing and drying operations for specialty coatings, semiconductor materials, and paints; and bond testing and automated optical and x-ray inspection systems used in the semiconductor and printed circuit board industries. Its Industrial Coating Systems segment provides automated and manual dispensing systems used for applying coatings, paint, finishes, sealants, and other materials. Nordson Corporation markets its products in the United States and internationally through a direct sales force, as well as through qualified distributors and sales representatives. It serves various markets, including the appliance, automotive, bookbinding, container, converting, electronics, food and beverage, furniture, life sciences and medical, metal finishing, non woven, packaging, and semiconductor industries. The company was founded in 1935 and is headquartered in Westlake, Ohio.
Advisors' Opinion:- [By Travis Hoium]
What: Shares of industrial product manufacturer Nordson (NASDAQ: NDSN ) dropped as much as 10% today after the company reported fiscal second-quarter earnings.
- [By Lauren Pollock]
Nordson Corp.'s(NDSN) fiscal fourth-quarter earnings fell 12% on weaker demand, though the maker of dispensing equipment noted improvement in recent order trends.
10 Best Dividend Stocks To Own For 2014: Snap-On Incorporated(SNA)
Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users. Its products include hand tools, such as wrenches, screwdrivers, sockets, pliers, ratchets, saws and cutting tools, pruning tools, and torque measuring instruments; power tools, including pneumatic, hydraulic, cordless, and corded tools; and tool storage products comprising tool chests, roll cabinets, and tool control systems. The company?s diagnostics and repair information products include handheld and PC-based diagnostics products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems, business services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics to manage and track performance. Snap-on Incorporated?s equipment products comprise solutions for the diagnosis and service of automotive and industrial equipment, such as wheel alignment, collision repair, air conditioning service, brake service, fluid exchange, transmission troubleshooting, and safety testing equipment, as well as wheel balancers, tire changers, vehicle lifts, test lane systems, battery chargers, and hoists. The company also provides financial services, including business loans and vehicle leases to franchisees; loans to the franchisees? customers; and loans to its industrial and other customers for the purchase of tools, equipment, and diagnostics products. Snap-on Incorporated sells its products and services through mobile vans, franchisees, company-direct sales, distributors, and the Internet in approximately 130 countries, including the United States, the United Kingdom, Canada, Germany, Australia, France, Japan, Spain, Italy, Sweden, the Netherlands, Argentina, China, and Brazil. Snap-on Incorporated was founded in 1920 and is based in Kenosh a, Wisconsin.
Advisors' Opinion:- [By Matt Thalman]
Another player that operates heavily within this industry, but in a slightly different fashion, announced earnings today. Shares of tool company�Snap-On (NYSE: SNA ) �rose 7.76% today after beating estimates on both the top and bottom lines. Revenue came in at $797.5 million for the quarter, a 5.9% increase from last year and higher than the $779.5 million analysts were looking for. Earnings per share hit $1.60, again higher than the $1.56 that was expected. One of the areas that management would like to focus on moving forward is expanding its vehicle repair garage, which again would make sense given the average age of vehicles on the road today.�
- [By Lisa Levin]
Snap-on (NYSE: SNA) shares gained 0.60% to create a new 52-week high of $106.62. Snap-on's PEG ratio is 1.78.
Posted-In: 52-Week HighsNews Intraday Update Markets Movers
10 Best Dividend Stocks To Own For 2014: S&P Smallcap 600(PH)
Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. Its Industrial segment offers pneumatic and electromechanical components, and systems; filters, systems, and instruments to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors that control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications; and static and dynamic sealing devices. This segment sells its products to original equipment manufacturers (OEMs) and their replacement markets in the manufacturing, transportation, and processing industries. The company?s Aerospace segment provides flight control systems and components, including hydraulic, electrohydraulic, electric backup hydraulic, electrohydrostatic, and electro -mechanical components for precise control of aircraft rudders, elevators, ailerons, and other aerodynamic control surfaces. It also provides electronics thermal management heat rejection systems, and single-phase and two-phase heat collection systems for radar, ISAR, and power electronics. This segment markets its products primarily to OEMs in the commercial, military, and general aviation markets, as well as to end users. Its Climate and Industrial Controls segment offers systems and components primarily for use in the mobile and stationary refrigeration, and air conditioning industry; and in fluid control applications in various industries, such as processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment serves OEMs and their replacement markets. Parker-Hannifin Corporation markets its products through direct-sales employees, independent distributors, wholesalers, and sales representatives. The company was founded in 1918 and is headquartered i n Cleveland, Ohio.
Advisors' Opinion:- [By Monica Gerson]
Parker-Hannifin (NYSE: PH) is expected to report its Q1 earnings at $1.48 per share on revenue of $3.26 billion.
Textron (NYSE: TXT) is estimated to report its Q3 earnings at $0.47 per share on revenue of $2.97 billion.
- [By Marc Bastow]
Motion and control systems manufacturer Parker-Hannifin (PH) raised its quarterly dividend 4.6% to 45 cents per share, payable on Dec. 6 to shareholders of record as of Nov. 8. The increase marks the 57th consecutive annual dividend increase.
PH Dividend Yield:�1.55% - [By Marc Bastow]
Motion and control technology manufacturer Parker-Hannifan (PH) raised its quarterly dividend 7% to 48 cents per share, payable on Mar. 7 to shareholders of record as of Feb. 10.
PH Dividend Yield: 1.69% - [By Lauren Pollock]
Parker Hannifin Corp.'s(PH) fiscal second-quarter earnings rose 40% as the maker of motion and control equipment’s orders continued to grow and gains from a joint-venture agreement with General Electric Co.(GE) (GE) offset a costly write-down. Adjusted earnings were ahead of expectations, yet the company lowered its per-share earnings estimate for the year. Shares dropped 3.8% to $122 premarket.
10 Best Dividend Stocks To Own For 2014: Medallion Financial Corp.(TAXI)
Medallion Financial Corp., through its subsidiaries, operates as a specialty finance company in the United States. The company engages in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses. It offers commercial loans to finance the purchase of the equipment and related assets necessary to open a new business, or the purchase or improvement of an existing business; asset-based loans to small businesses; and secured mezzanine loans to businesses in various industries, including manufacturing and various service providers. The company also raises deposits; originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, trailers, and hearing aids; and conducts other banking activities. In addition, it provides other debt, mezzanine, and equity investment capital to companies in various industries. The company was founded in 1995 and is headquartered in New York, New York.
Advisors' Opinion:- [By Lawrence Meyers]
That�� the case with Medallion Financial Corporation (TAXI). This neat little company is primarily focused on the financing of taxi cab licenses in major cities like New York. It does other specialty lending as well — such as asset-backed loans for luxury vehicles like boats and art. But its bread and butter has been the taxi business.
No comments:
Post a Comment