Expert healthcare company watcher Andrew Fein of H.C. Wainwright & Co. knows how the sausage is made in the stock analyst factory. And he doesn't pull any punches: In this interview with The Life Sciences Report, Fein dishes out praise for sticking to sellside fundamentals and suggests skimming off bloggers who have yet to earn their analytical chops. He rounds out the menu by naming biotech companies with the potential to rise to the top of the simmering biotech market.
The Life Sciences Report: How has the nature of biotech investing changed since you began analyzing healthcare biotech equities in 2000?
Andrew Fein: Clearly, the web as a source of "investment analytics" is a new paradigm. With so much collectively generated information available on the web, investors are forgetting to analyze individual data points, such as talking directly to physicians and medical experts. Folks who write opinionated investment blogs and emit endless Twitter streams are disproportionately influencing the movement of stocks outside of the traditional analytical Wall Street paradigm. There is always room for new and thoughtful analysis, but it is troubling when the background of the source of what is promoted as important information is unclear. And, unfortunately, hidden biases and agendas often influence the opinion of the non-traditional analyst - such as trying to pump up his or her book.
Top 10 Retail Stocks To Buy Right Now: NuStar GP Holdings LLC (NSH)
NuStar GP Holdings, LLC (NuStar GP Holdings), incorporated on June 06, 2000, conducts operations through its indirect ownership interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia, and petroleum refining and marketing. The Company operates in three segments: NuStar Energy�� Storage Segment, NuStar Energy�� Pipeline Segment and NuStar Energy�� Asphalt and Fuels Marketing Segment. On January 1, 2013, NuStar Energy sold the San Antonio Refinery and related assets, which included inventory, a terminal in Elmendorf, Texas and a pipeline connecting the terminal and refinery. On December 13, 2012, NuStar Energy completed its acquisition of the TexStar Crude Oil Assets (as defined below), including 100% of the partnership interest in TexStar Crude Oil Pipeline, LP, from TexStar Midstream Services, LP and certain of its affiliates.
NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, the United Kingdom and Turkey. NuStar Energy L.P.'s asphalt refineries, refined product terminals, petroleum and specialty liquids storage and terminaling operations, and crude oil storage tank facilities are predominantly located on waterways that are easily accessible by barge or vessel. On September 28, 2012, NuStar Energy sold a 50% ownership interest (the Asphalt Sale) in NuStar Asphalt LLC (Asphalt JV), previously a wholly owned subsidiary of NuStar Energy, to an affiliate of Lindsay Goldberg LLC (Lindsay Goldberg), a private investment firm.Advisors' Opinion:
- [By Robert Rapier]
But it is important to note that ETE also has interests in Sunoco Logistics Partners (NYSE: SXL) and Regency Energy Partners (NYSE: RGP).Finally, consider NuStar Energy (NYSE: NS) and its general partner NuStar GP Holdings (NYSE: NSH). Like ETE, NSH went public in 2006 and has also significantly outperformed its limited partner since:
The vast majority of partnerships don’t have a publicly-traded GP. But in each of these three cases in which the GP is publicly traded, the GP tends to outperform the LP units on long-term gains, an advantage somewhat offset by the typically higher LP yield.
Hot Life Sciences Stocks To Buy Right Now: Spdr S&P Semiconductor Etf (XSD)SPDR S&P Semiconductor ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index. The S&P Semiconductor Select Industry Index represents the Semiconductor sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges. The Semiconductor Index is a modified equal weight index. SSgA Funds Management, Inc. is the Fund's investment advisor. Advisors' Opinion:
- [By John Udovich]
On Thursday after the market closed, mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) reported earnings and was slipping in after hours trading, meaning its worth taking a closer look at those earnings along with the performance of potential semiconductor benchmarks like the SPDR S&P Semiconductor ETF (NYSEARCA: XSD), iShares PHLX SOX Semiconductor Sector (NASDAQ: SOXX) and Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL). In case you aren�� familiar with the term fabless semiconductor, it�� a�business�model that involves the�outsourcing the manufacturing of silicon wafers.�Most semiconductor companies are actually fabless because of the high cost of building�a facility and manufacturing fab. Therefore, fabless semiconductor companies can�concentrate on the design and marketing of chips while outsourcing the actual production to larger foundry companies.
- [By John Udovich]
There appears to be light at the end of the tunnel for mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) despite the fact that the company has lost a patent infringement battle with Carnegie Mellon University that could cost it $1.54 billion, meaning its worth taking a closer look at the stock along with the performance of semiconductor ETF benchmarks like SPDR S&P Semiconductor ETF (NYSEARCA: XSD), iShares PHLX SOX Semiconductor Sector (NASDAQ: SOXX) and Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL).
Hot Life Sciences Stocks To Buy Right Now: ACCO Brands Corp (ACCO)
ACCO Brands Corporation, incorporated on October 26, 1970, is one of the suppliers of branded school and office products. The Company sells its products through many channels that include the office products resale industry as well as through mass retail distribution and e-tailers. It designs, develops, manufactures and markets a variety of traditional and computer-related office products, school supplies and paper-based time management products. Through a focus on research, marketing and innovation, it seeks to develop new products that meet the needs of its consumers and commercial end-users, and support its brands. ACCO Brands is organized into three business segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. It sells its products primarily to markets located in the United States, Northern Europe, Canada, Brazil, Australia and Mexico. On May 1, 2012, it completed the merger (Merger) of the Mead Consumer and Office Products Business (Mead C&OP) with a wholly-owned subsidiary of the Company.
Its office, school and calendar product lines use name brands such as AT-A-GLANCE, Day-Timer, Five Star, GBC, Hilroy, Marbig, Mead, NOBO, Quartet, Rexel, Swingline, Tilibra, Wilson Jones and many others. Its products and brands are not confined to one channel or product category and are designed based on preference. It manufactures approximately half of its products, and specify and source approximately the other half of its products, mainly from Asia. Its office products, such as stapling, binding and laminating equipment and related consumable supplies, shredders and whiteboards, are used by businesses. These business end-users purchase their products from its customers, which include commercial contract stationers, retail superstores, mass merchandisers, wholesalers, resellers, mail order and Internet catalogs, club stores and dealers. It also supplies some of its products directly to commercial and industrial end-users. Its school products include n! otebooks, folders, decorative calendars, and stationery products. It distributes its school products primarily through traditional and online retail mass market, grocery, drug and office superstore channels. It also supplies private label products within the school products sector. Its calendar products are sold throughout all channels where it sells office or school products, and it also sell direct to consumers.
ACCO Brands North America and ACCO Brands International
ACCO Brands North America and ACCO Brands International manufacture, source and sell traditional office products, school supplies, calendar products and document finishing solutions. ACCO Brands North America comprises the U.S. and Canada, and ACCO Brands International comprises the rest of the world, principally Europe, Latin America, Australia, and Asia-Pacific.
Its office, school and calendar product lines use name brands such as AT-A-GLANCE, Day-Timer, Five Star, GBC, Hilroy, Marbig, Mead, NOBO, Quartet, Rexel, Swingline, Tilibra, Wilson Jones and many others. Its office products, such as stapling, binding and laminating equipment and related consumable supplies, shredders and whiteboards, are used by businesses. These business end-users purchase their products from its customers, which include commercial contract stationers, mass merchandisers, retail superstores, wholesalers, resellers, mail order and Internet catalogs, club stores and dealers. It also supplies some of its products directly to commercial and industrial end-users.
Its school products include notebooks, folders, decorative calendars, and stationery products. It distributes its school products primarily through traditional and online retail mass market, grocery, drug and office superstore channels. It also supplies private label products within the school products sector. Its calendar products are sold throughout all channels where it sells office or school products, and it also sells direct to consumers.
! Computer Products Group
The Computer Products Group designs, distributes, markets and sells accessories for laptop and desktop computers and tablets and smartphones. These accessories primarily include security products, iPad covers and keypads, smartphone accessories, power adapters, input devices such as mice, laptop computer carrying cases, hubs, docking stations and ergonomic devices. The Computer Products Group sells mostly under the Kensington, Microsaver and ClickSafe brand names, with the majority of its revenue coming from the U.S. and Western Europe.
All of its computer products are manufactured to its specifications by third-party suppliers, principally in Asia, and are stored and distributed from its regional facilities. Its computer products are sold primarily to consumer electronics retailers, information technology value-added resellers, original equipment manufacturers and office products retailers.
The Company competes with, 3M, Avery Dennison, Blue Sky, Carolina Pad, Dominion BlueLine, Esselte, Fellowes, Franklin Covey, Hamelin, House of Doolittle, Newell Rubbermaid, Smead, Spiral Binding, Belkin, Fellowes, Logitech and Targus.Advisors' Opinion:
- [By John Kell]
Acco Brands Corp.(ACCO) expects its 2013 results to come in ahead of analysts’ estimates as the office-products supplier projected fourth-quarter revenue that beat expectations. Shares of the company, whose brands include Day-Timer, At-a Glance and Mead, rose 5.1% to $6.59 in light premarket trading.
Hot Life Sciences Stocks To Buy Right Now: First Niagara Financial Group Inc.(FNFG)
First Niagara Financial Group, Inc. operates as the holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses. It offers retail deposit accounts, which include savings, negotiable order of withdrawal, checking, money market, and certificate of deposit accounts, as well as provides business savings and checking, money market, cash management accounts, and municipal deposit accounts. The company?s loan portfolio comprises commercial real estate and multi-family loans; commercial business loans; residential real estate loans; home equity loans; and consumer loans consisting of indirect mobile home loans, and personal secured and unsecured loans. It also sells insurance products, including commercial and personal insurance, surety bond, life, disability, and long-term care coverage products. In addition, the company offers risk management consulting services comprising altern ative risk and self-insurance services, claims investigation and adjusting services, and third party administration services for self insured workers? compensation plans. Further, it provides employee benefits plan and compensation consulting services. Additionally, First Niagara Financial Group offers wealth management services that manage client funds utilizing various third party investment vehicles consisting of stocks, bonds, mutual funds, and annuities, as well as other investment products, such as individual retirement accounts, education savings plans, and retirement plans. As of December 31, 2010 it operated 257 bank branches, including 115 in Upstate New York and 142 branches in Pennsylvania. The company was founded in 1870 and is based in Buffalo, New York.Advisors' Opinion:
- [By Jake L'Ecuyer]
First Niagara Financial Group (NASDAQ: FNFG) was down, falling 9.86 percent to $9.32 on Q4 results. The company issued weak FY14 earnings outlook.
In commodity news, oil traded down 0.70 percent to $96.64, while gold traded up 0.23 percent to $1,265.20.
- [By John Maxfield]
Given that you clicked on this article, it seems safe to assume you either own stock in First Niagara Financial (NASDAQ: FNFG ) or are considering buying shares in the near future. If so, then you've come to the right place. The table below reveals the nine most critical numbers investors need to know about First Niagara Financial stock before deciding whether to buy, sell, or hold it.
- [By Selena Maranjian]
Kahn Brothers reduced its stake in companies such as First Niagara Financial Group (NASDAQ: FNFG ) and Bristol-Myers Squibb (NYSE: BMY ) . First Niagara Financial Group, yielding 2.9%, is trading near a 52-week high. It has more than tripled its asset base since the financial crisis, though it hiked its share count to do so, which dilutes share value. Meanwhile, the company has been managing its credit risk well, and should benefit from rising interest rates. It's poised for a solid turnaround, and with a recent P/E ratio of 15.5 and a forward P/E of 13, is worth a look.
Hot Life Sciences Stocks To Buy Right Now: Pike Electric Corp.(PIKE)
Pike Electric Corporation provides energy solutions for investor-owned, municipal, and co-operative utilities in the United States. The company?s services include siting, permitting, engineering, designing, planning, constructing, maintaining, and repairing power delivery systems, including renewable energy projects. Its planning and siting process leverages technology and the collection of environmental, cultural, land use, and scientific data to facilitate negotiations and permitting for powerlines, substations, pipelines, and renewable energy installations. The company also provides design, engineering, procurement and construction, owner engineer, project management, multi-entity coordination, grid integration, balance-of-plant, and thermal rate solutions for individual or turnkey powerline, substation, and renewable energy projects. In addition, it offers overhead and underground powerline construction, up gradation, and extension services for distribution networks a nd transmission lines with voltages up to 345kV, energized maintenance work for voltages up to 500kV; and substation construction and service. Further, Pike Electric Corporation provides a total energy solution platform, including preliminary studies, planning, siting and permitting, engineering and design, construction, procurement, and grid interconnection services. Additionally, it offers storm restoration services, which include the repair or reconstruction of parts of a distribution or sub-500 kV transmission network comprising substations, power lines, utility poles, or other components damaged during flash floods, hurricanes, tornadoes, and snow, ice, or wind storms, as well as other natural disasters. The company was founded in 1945 and is headquartered in Mount Airy, North Carolina.Advisors' Opinion:
- [By Rebecca McClay]
In earnings news today, a few companies are reporting after the closing bell, including H & R Block Inc. (NYSE: HRB), which is up about 1%. Pike Electric Corp. (NYES: PIKE), Guidewire Software Inc. (NYSE: GWRE), and Sigma Designs Inc. (Nasdaq: SIGM) are also reporting quarterly earnings late this afternoon.
- [By Selena Maranjian]
More than a handful of smart-grid-related companies�had strong performances over the past year. Solar energy inverter maker Power-One (NASDAQ: PWER.DL ) , and utility contractor Pike Electric (NYSE: PIKE ) , both surged 44%. Power-One's gain is in large part due to its being acquired, at a premium, by Switzerland-based power and automation technology giant ABB. Some have worried about inverters becoming commoditized, but others have admired Power-One's profitability and solid balance sheet.
- [By Damian Illia]
Finally, I always like to see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the return on equity. The ratio has decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness. Moreover, it is worse than those shown in the table like Aegion Corporation (AEGN), EnerNOC Inc. (ENOC), MYR GroupInc. (MYRG) and Pike Corporation (PIKE).
Hot Life Sciences Stocks To Buy Right Now: Tanger Factory Outlet Centers Inc.(SKT)
Tanger Factory Outlet Centers, Inc. operates as a real estate investment trust (REIT). The company, through its subsidiary, Tanger Properties Limited Partnership, engages in acquiring, developing, owning, operating, and managing factory outlet shopping centers. As of September 30, 2005, Tanger owned and operated 33 factory outlet centers in 22 states totaling 8.7 million square feet of gross leasable area. It also provides development, leasing, and management services for its outlet centers. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to Federal income taxes provided it distributes at least 90% of its taxable income to its shareholders. Tanger Factory Outlet Centers was founded by Stanley K. Tanger in 1981. The company is headquartered in Greensboro, North Carolina.Advisors' Opinion:
- [By Shauna O'Brien]
Jefferies announced on Wednesday that it has cut its rating on Tanger Factory Outlet Centers Inc. (SKT).
The firm has downgraded SKT from “Buy” to “Hold,” and has lowered the company’s price target from $40 to $35. This price target suggests an 8% upside from the stock’s current price of $32.22.
Analyst Omotayo Okusanya commented: “We expect near-term headwinds for the mall and outlet mall segment as tenant sales growth appears to be slowing.”
“At SKT, development yields on two projects have also been reduced. Further, rising interest rates negatively impact our DDM-derived PT. Our lowered PT of $35 represents a 10% total return over the next-twelve-months (NTM); we are downgrading to Hold,” added the analyst.
Tanger Factory Outlet shares were mostly flat during pre-market trading Wednesday. The stock is up more than 5% YTD.
- [By Brad Thomas]
REITs mentioned: (VTR), (OHI), (O), (DLR), (HCP), (HTA), (KIM), (FRT), (SPG), and (SKT).
Note: This article is intended to provide information to interested parties. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to complete their own due diligence before purchasing any stocks mentioned or recommended.
- [By James E. Brumley]
What do small cap stocks MKS Instruments, Inc. (NASDAQ:MKSI), Tanger Factory Outlet Centers Inc. (NYSE:SKT), and Kaman Corporation (NYSE:KAMN) have in common? Absolutely nothing, on the surface, and no, it's not a setup for painfully bad punchline. There is a common thread among KAMN, SKT, and MKSI right now, however... they're all three going into my mental (though publicly-tracked) portfolio this afternoon.
- [By Marc Bastow]
Discount outlet shopping-center retailer Tanger (SKT) raised its quarterly dividend� 6.7% to 24 cents per share payable on May 15 to shareholders of record April 28. The increase is the 21st consecutive dividend increase for SKT.
SKT Dividend Yield: 2.71%
Hot Life Sciences Stocks To Buy Right Now: BV Financial Inc (BVFL)
BV Financial, Inc. (BV Financial), is a federally-chartered savings and loan holding company and the holding company for Bay-Vanguard Federal, a federally-chartered savings bank. BV Financial�� business activity is the ownership of the Bay-Vanguard Federal. The Company operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area. It attracts deposits from the general public and uses those funds to originate one- to four-family real estate, mobile home, construction, multi-family, commercial real estate, and consumer loans, which it hold for investment. The Company operates two branch offices in Baltimore City and two branch offices in Anne Arundel County. In June 2013, BV Financial Inc's Bay-Vanguard Federal Savings Bank acquired Vigilant Federal Savings Bank.
The Company�� loan portfolio consists primarily of one- to four-family residential real estate loans. Its loan portfolio includes mobile home loans, construction loans, multi-family, commercial real estate loans, and consumer loans. As of June 30, 2009, Bay-Vanguard Federal had no loans that were held for sale. Its primary lending activity is the origination of mortgage loans to enable borrowers to purchase or refinance existing homes in its market area. It only offer fixed and adjustable rate mortgage loans and primarily with terms of 15, 20 or 30 years. The Company also offers adjustable-rate mortgage loans with interest rates and payments that adjust annually or every three years.
The Company originates mobile home loans directly and purchase mobile home loans from Forward National and Mainland Financial, which specialize in mobile home lending. As of June 30, 2009, 13.6% of its mobile home portfolio was originated by directly and 70.4% and 16% was purchased from Forward National and Mainland Financial, respectively. As of June 30, 2009, it had 340 mobile home loans, the average size of which was appr! oximately $34,000. Its mobile home loans, which are made primarily to borrowers in Maryland and Pennsylvania, have terms of up to 25 years and fixed interest rates. It originates loans to individuals and, to a lesser extent, builders to finance the construction of residential dwellings. It also make construction loans for commercial development projects, including condominiums, apartment buildings, mixed-use properties with residential units, as well as retail space and owner-occupied properties used for business.
The Company offers fixed-rate and adjustable-rate mortgage loans secured by multi-family and commercial real estate. Its multi-family and commercial real estate loans are secured by condominiums, apartment buildings and mixed-use properties with residential units, as well as retail space. It originates multi-family and commercial real estate loans for terms up to 25 years. The Company�� other consumer loans are primarily loans secured by passbook or certificate accounts, automobile and boat loans and secured personal loans.
The Company has legal authority to invest in various types of liquid assets, including the United States Treasury obligations, securities of various federal agencies and municipal governments, deposits at the Federal Home Loan Bank of Atlanta and certificates of deposit of federally insured institutions. As of June 30, 2009, its investment portfolio totaled $13.8 million and consisted primarily of the United States Treasury obligations and federal agency securities, mortgage-backed securities issued primarily by Fannie Mae, Freddie Mac and Ginnie Mae, and a mutual fund that invests in adjustable-rate mortgages.
Deposit Activities and Other Sources of Funds
Deposits and loan repayments are the major sources of its funds for lending and other investment purposes. The Company�� deposits are attracted from within its market area through the offering of selection of deposit instruments,! includin! g checking accounts, negotiable order of withdrawal (NOW) and money market accounts, passbook and savings accounts, and certificates of deposit. As of June 30, 2009, its core deposits, which consist of savings, NOW and money market accounts, consists 49% of its deposits.Advisors' Opinion:
- [By CRWE]
Today, BVFL remains (0.00%) +0.000 at $6.52 thus far (ref. google finance Delayed: 3:05PM EDT September 4, 2013).
BV Financial, Inc. previously reported net income of $488,000, or $0.20 per diluted share, for the year ended June 30, 2013 compared to $1,073,000, or $0.46 per diluted share, for the year ended June 30, 2012. Results for 2013 were impacted by the acquisition of Vigilant Federal Savings Bank on May 31, 2013. As a result of the acquisition, BV Financial acquired $47.5 million in assets, $44.4 million in liabilities and created $119,000 in goodwill.