TNC
These four small industrial companies should continue to benefit as the global economy grows. They are also market leaders, and their shares trade at attractive multiples to earnings. They also kept paying dividends during the recession. However, only two are buys right now.
BRIGGS & STRATTON CORP. $23 (New York symbol BGG; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: …read more »
These four companies dominate their niche markets. That gives them protection from new competitors, and helps them stay profitable during economic downturns. Still, only three are buys right now.
AGILENT TECHNOLOGIES INC. $36 (New York symbol A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 346.0 million; Market cap: $12.5 billion; Price-to-sales ratio: 2.3; No dividends paid; TSINetwork Rating: Average; …read more »
Small-cap stocks, generally thought of as those with a market capitalization under $1 billion, have not performed as well as larger companies during the recent market volatility. Over the past year, the Russell 3000 Index, which has median market cap of $807 million, has gained 5.0%, compared to 7.4% for the Dow Jones Industrial Average. That’s because most investors prefer …read more »
STATE STREET CORP. $53 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 494.5 million; Market cap: $26.2 billion; Price-to-sales ratio: 2.8; WSSF Rating: Extra Risk) set aside $625 million in 2007 to settle lawsuits related to the company’s dealings in illiquid securities backed by subprime mortgages. As of June 30, 2009, only $193 million remained in this …read more »
IDEARC INC. $0.07 (Symbol IAR) now trades on the Pink Sheets over-the-counter market under the symbol IDAR. The New York Stock Exchange delisted Idearc in November 2008 after the stock price fell below the minimum required for continued listing. Sell.
NVIDIA CORP. $8.79 (Nasdaq symbol NVDA) expects that its revenue in its fourth fiscal quarter, ending January 31, 2009, will fall …read more »
TENNANT CO. $25 (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.3 million; Market cap: $457.5 million; WSSF Rating: Average) earned $0.57 a share in the three months ended September 30, 2008, up 29.5% from $0.44 a year earlier. These figures exclude non-recurring items. Revenue grew 15.3%, to $185.9 million from $161.3 million, thanks to …read more »
TENNANT CO. $27 (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.5 million; Market cap: $499.5 million; WSSF Rating: Average) has developed a new floor scrubbing machine that cleans without detergents.
Called ‘ech2o’, this scrubber uses electricity to enhance the cleaning power of ordinary tap water. That cuts its operating costs. As well, the new scrubber …read more »
TENNANT CO. $37 (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.6 million; Market cap: $688.2 million; WSSF Rating: Average) has agreed to pay $68 million for UK-based Applied Sweepers, which makes street sweeping and cleaning equipment under the Green Machine brand. Tennant has also agreed to pay an undisclosed sum for Sociedade Alfa Ltda., …read more »
TENNANT CO. $31 (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.8 million; Market cap: $582.8 million; WSSF Rating: Average) makes industrial floor cleaning equipment, including scrubbers, sweepers and polishers. It also makes outdoor cleaning equipment for garages, stadiums, parking lots and city streets. North America accounts for two-thirds of its revenue.
Receives little media attention
Most …read more »
JONES APPAREL GROUP INC. $34 (New York symbol JNY; Aggressive Growth Portfolio, Consumer sector; WSSF Rating: Average) earned $0.22 a share (total $25.8 million) in the three months ended April 1, 2006, down 69.0% from $0.71 a share ($87.0 million) a year earlier. The company’s sale of its Polo jeans business generated a $45.1 million loss in the latest quarter. …read more »
