General Electric (NYSE:GE) has leading positions in power turbines, jet engines, diesel locomotives, and diagnostic imaging systems with $120B in sales of which about 60% is international. In our opinion, the stock now trades at an attractive valuation considering it has a high quality set of businesses with interesting future prospects. Shares have underperformed due to shrinking capital and power earnings, combined with weak cash flow in power and declining cash from dispositions in capital, which led to a dividend cut. We believe the power business will be challenged but most of its earnings decline is priced in today. Also, what the market misses is GE’s businesses have #1 or #2 market share in virtually every business and has a dominant installed base to service and sell new equipment. In our opinion, GE trades at an attractive multiple of normal earnings with a majority of businesses that earn high long-term returns on capital.
From Hotchkis & Wiley’s Large Cap Value Fund 1st quarter commentary.
Best Clean Energy Stocks To Own For 2021: CUI Global, Inc.(CUI)
CUI Global, Inc., incorporated on April 21, 1998, is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc. (CUI), CUI Japan and CUI-Canada, Inc., which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs). The Company’s Energy segment includes its subsidiaries, Orbital Gas Systems Limited (Orbital) and the Orbital Gas Systems, North America, Inc., which consist of gas related test and measurement systems, including the GasPT. The Other segment includes the remaining activities, primarily corporate activity.
Power and Electro-Mechanical
The Company’s Power and Electro-Mechanical segment aggregates its product offerings into over two categories: components, including connectors, speakers, buzzers, test and measurement devices, and control solutions, including encoders and sensors, and power solutions, which include among other power products, the Novum Digital Power Modules and the Solus Power Topology. The Company’s power line consists of external and embedded alternating current (ac)-direct current (dc) power supplies, dc-dc converters and basic digital point of load modules. The Company also manufactures a range of embedded and external power electronics devices for OEM manufacturers.
Orbital provides natural gas infrastructure and technology, including metering and remote telemetry units (RTU), and a range of personalized gas engineering solutions to the gas utilities, power generation, emissions, manufacturing and automotive industries. The Company offers GasPT, which is a natural gas inferential metering device that offers a solution to measuring natural gas quality. GasPT2 is connected to a natural gas system to provide a measurement of the physical properties, such as thermal conductivity, speed of sound and! carbon dioxide content.
- [By Ethan Ryder]
TESSCO Technologies (NASDAQ: TESS) and CUI Global (NASDAQ:CUI) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, institutional ownership, analyst recommendations and risk.
Best Clean Energy Stocks To Own For 2021: Penumbra, Inc.(PEN)
Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States, Europe, Canada, Australia, Japan, and internationally. The company offers neurovascular access systems under the Neuron, Neuron MAX, Select, BENCHMARK, DDC, PXSLIM, and Velocity brands; aspiration based thrombectomy systems and accessory devices under the Penumbra System brand; and stent retriever for mechanical thrombectomy under the 3D brand. It also provides neurovascular embolization coiling systems to treat patients with various sizes of aneurysms and other neurovascular lesions under the Penumbra Coil 400 and Penumbra SMART Coil brands; and neurovascular stents for stent-assisted coiling in large and wide-neck aneurysms under the LIBERTY Stent brand. In addition, the company offers neurosurgical tools for the removal of tissue and fluids under the Apollo System brand; and detachable embolic coil systems for peripheral embolization under the RUBY Coil brand, as well as Lantern, a microcatheter for the delivery of detachable coils and occlusion devices. Further, it provides detachable, microcatheter-deliverable occlusion devices under the POD (penumbra occlusion device) brand; and aspiration-based thrombectomy systems for peripheral applications under the Indigo System brand, as well as POD Packing Coil, a device for use with RUBY Coil and POD for vessel occlusion. The company sells its products through direct sales organizations and distributors to hospitals in neuro and peripheral vascular markets. Penumbra, Inc. was founded in 2004 and is headquartered in Alameda, California.
- [By Motley Fool Transcribers]
Penumbra Inc (NYSE:PEN)Q42018 Earnings Conference CallFeb. 05, 2019, 4:30 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Ethan Ryder]
Mission Wealth Management LP decreased its stake in shares of Penumbra Inc (NYSE:PEN) by 8.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,723 shares of the company’s stock after selling 1,040 shares during the period. Mission Wealth Management LP’s holdings in Penumbra were worth $1,433,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Headlines about Penumbra (NYSE:PEN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Penumbra earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.5836260957262 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Best Clean Energy Stocks To Own For 2021: Natural Grocers by Vitamin Cottage, Inc.(NGVC)
Natural Grocers by Vitamin Cottage, Inc., incorporated on April 9, 2012, is a retailer of natural and organic groceries and dietary supplements. The Company offers a selection of natural and organic food, dietary supplements, body care products, pet care products and books. It operates in the natural and organic retail stores segment. The Company operates within the natural products retail industry, which includes conventional supermarkets, natural, gourmet and specialty food markets, mass and discount retailers, warehouse clubs, independent health food stores, dietary supplement retailers, drug stores, farmers’ markets, food cooperatives (co-ops), mail order and online retailers, and multi-level marketers. The Company offers a range of cosmetics, skin care, hair care, fragrance and personal care products. The Company’s offerings include hypo-allergenic and fragrance-free household products, including cleaning supplies, paper products, dish and laundry soap, and other common household products, including diapers. Its other products include books and handouts. The Company stocks approximately 400 titles in each store’s book department. Its titles cover various approaches to diet, lifestyle and health. It offers various handouts on health topics and dietary supplements.
The Company offers a selection of natural and organic grocery products with a focus on minimally processed and single ingredient products. The Company also carries a range of products associated with special diets, such as gluten free, vegetarian and non-dairy. The Company’s grocery products include bulk food and private label products; dry frozen and canned groceries; meats and seafood; dairy products and dairy substitutes; prepared foods; bread and baked goods, and beverages. Its bulk food and private label products include nuts, water, pasta, canned seafood, dried fruits, grains, granolas, honey, eggs, herbs, spices and teas. It also offers self-serve filtered drinking water that is dispensed into one gallon or larger con! tainers provided by its customers. Its natural and organic dry, frozen and canned groceries include cereals, soups, baby foods, frozen entrees and snack items. In addition, it offers a selection of natural chocolate bars, and energy, protein and food bars. The Company offers dairy products, such as milk, eggs, cheeses, yogurts and beverages, as well as non-dairy substitutes made from almonds, coconuts, rice and soy. It also offers refrigerated prepared fresh food items, such as salads, sandwiches, salsa, humus and wraps. The Company’s dietary supplement department sells name-brand supplements, as well as a line of private label dietary supplements.
The Company offers its customers an average of approximately 20,700 stock keeping units (SKUs) of natural and organic products per store, including an average of approximately 6,500 SKUs of dietary supplements. It sells peanut and almond butters, freshly ground in-store under the Natural Grocers brand. The Company owns and operates approximately 110 stores in over 20 states, including Colorado, Arizona, Arkansas, Idaho, Kansas, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, Texas, Utah, Washington and Wyoming. It also operates a food repackaging facility and distribution center in Colorado. The Company contracts with third-party manufacturers to produce groceries and dietary supplements under its private labels, which include the Natural Grocers and Vitamin Cottage brands.
The Company competes with Kroger, Safeway, Wal-Mart, Target, Whole Foods, The Fresh Market, Sprouts, Trader Joe’s, Sam’s Club and Costco.
- [By Shane Hupp]
ILLEGAL ACTIVITY WARNING: “Natural Grocers by Vitamin Cottage Sees Unusually Large Options Volume (NGVC)” was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & international copyright laws. The legal version of this story can be accessed at www.tickerreport.com/banking-finance/4145368/natural-grocers-by-vitamin-cottage-sees-unusually-large-options-volume-ngvc.html.
- [By Motley Fool Transcribers]
Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC)Q12019 Earnings Conference CallFeb. 07, 2019, 4:30 p.m. ET
Prepared Remarks Questions and Answers Call Participants
Best Clean Energy Stocks To Own For 2021: Brown & Brown, Inc.(BRO)
Brown & Brown, Inc., incorporated on January 2, 1959, is a diversified insurance agency providing wholesale brokerage and insurance programs and services. The Company operates in four segments: Retail Division, National Programs Division, Wholesale Brokerage Division, and Services Division. The Retail Division provides a range of insurance products and services to commercial, public entity, professional and individual customers. The National Programs Division provides professional liability and related package products for certain professionals, and markets targeted products and services to specific industries, trade groups, public entities, and market niches. The Wholesale Brokerage Division markets and sells excess and surplus commercial and personal insurance, and reinsurance, primarily through independent agents and brokers. The Services Division provides customers with third-party claims administration, consulting for the workers’ compensation insurance market, comprehensive medical utilization management services in both workers’ compensation and all-lines liability arenas, Medicare Secondary Payer statute compliance-related services, Social Security disability and Medicare benefits advocacy services, and catastrophe claims adjusting services. In January 2014, the Company announced that its subsidiary has acquired certain assets of ICA, Inc. In May 2014, the Company’s subsidiary, Brown & Brown of Kentucky, Inc., has acquired certain assets of Agency Management Corporation and Recreation Protection Management, Inc. In May 2014, the Company announced that Axiom Re, LP, an indirect subsidiary has acquired certain assets of Axia Strategies, Inc. In May 2014, Brown & Brown Inc completed the acquisition of The Wright Insurance Group, LLC ( TWIG ).
The Company markets and sells to its customers insurance products and services, primarily in the property, casualty and employee benefits areas. As an agent and broker, the Company does not assume underwriting risks. Instead, the Company provide! s its customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. The Company is compensated for its services primarily by commissions paid by insurance companies and by fees paid by customers for certain services. As of December 31, 2012, the Company’s activities were conducted in 218 locations in 37 states. The Company conducts all of its operations within the United States of America, except for one wholesale brokerage operation based in London, England.
The categories of insurance the Company principally sells include: property insurance relating to physical damage to property and resultant interruption of business or extra expense caused by fire, windstorm or other perils; casualty insurance relating to legal liabilities, workers’ compensation, commercial and private passenger automobile coverages, and fidelity and surety bonds. The Company also sells and service group and individual life, accident, disability, health, hospitalization, medical and dental insurance. In connection with the selling and marketing of insurance coverages, the Company provides a range of related services to its customers, such as risk management and loss control surveys and analysis, consultation in connection with placing insurance coverages and claims processing.
National Programs Division
The Company’s National Programs Division is of four categories: Professional Programs; Arrowhead Insurance Programs; Commercial Programs, and Public Entity-Related Programs. Professional Programs provide professional liability and related package insurance products tailored to the needs of specific professional groups. In addition, Professional Programs encompasses supplementary insurance related products to include weddings, events, medical facilities and cyber liability. Professional programs include The Allied Protector PlanSM, CPA Protector Plan, the Professional Protector Plan, Lawyer’s Protect! or Plan, ! CalSurance and CITA Insurance, Optometric Protector Plan, TitlePac, and Wedding Protector Plan and Event Protector Plan. The Allied Protector PlanSM (APP)SM specializes in customized professional liability and business insurance programs for individual practitioners and businesses in the healthcare industry. The AAP program offers coverage to include, but not limited to, liability insurance for dental hygienists and dental assistants, home health agencies, physical therapy clinics, and medical directors. Also available through the AAP program is cyber/data breach insurance offering a solution to privacy breaches and information security exposures tailored to the needs of healthcare organizations.
The Companys CPA Protector Plan offers professional liability insurance for certified public accountant practitioners and firms throughout the United States. The Professional Protector Plan (PPP) provides dental professionals insurance products, including professional and general liability, property, employment practices liability, workers compensation, claims and risk management. The PPP is offered in all 50 states, District of Columbia, Puerto Rico and the Virgin Islands. CalSurance and CITA Insurance offers professional liability programs designed for insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers and real estate title agents. An important aspect of CalSurance is Lancer Claims Services, which provides specialty claims administration for insurance companies underwriting CalSurance product lines. The Optometric Protector Plan (OPP) provides professional liability program for eye care professionals, nationwide. The OPP program offers professional insurance products for optometrists, ophthalmologists, opticians and ophthalmic technicians. The OPP is offered in all 50 states. TitlePac provides professional liability products and services designed for real estate title agents and escrow agents in 47 states and! the Dist! rict of Columbia. Wedding Protector Plan and Event Protector Plan provide an online wedding/private event cancellation and postponement insurance policy that offers financial protection if certain unfortunate, unforeseen events should occur during the period leading up to and, including the wedding day. General liability and liquor liability insurance products are also offered. Both the Wedding and Event Protector Plans are offered in 47 states.
The Companys Arrowhead is a Managing General Agent (MGA), General Agent (GA), and Program Administrator (PA) to the property and casualty insurance industry. Arrowhead acts as a virtual insurer providing outsourced product development, marketing, underwriting, actuarial, compliance and claims and other administrative services to insurance carrier partners. As an MGA, Arrowhead has the authority to underwrite, bind insurance carriers, issue policies, collect premiums and provide administrative and claims services. Arrowhead Programs include Arrowhead Design Insurance (ADI), Automotive Aftermarket Program, Commercial, Real Estate Errors and Omissions, Earthquake and DIC is a Differences-in-Conditions, Marine, Personal Property, Residential Earthquake, Wheels, and Workers’ Compensation. Architects and Engineering, operating as Arrowhead Design Insurance is a writer of professional liability insurance for architects, engineers and environmental consultants. ADI is a national program writing in 49 states. The Automotive Aftermarket program writes commercial package insurance for non-dealership automotive services professionals, such as auto recyclers, brake shops, equipment dealers, mechanical repairs, oil and lube shops, parts retailers and wholesalers, tire retailers and wholesalers and transmission mechanics. Commercial is a program that offers three products to commercial operations, primarily in California: commercial auto, commercial package and general liability.
The Companys Real Estate Errors and Omissions writes errors and om! issions i! nsurance for small to medium-sized residential real estate agents and brokers in California. Coverage includes real estate brokerage, property management, escrow, appraisal, leasing and consulting services. Earthquake and DIC is a Differences-in-Conditions (DIC) Program writing, notably earthquake, flood, and the All Risk insurance coverages to commercial property owners. The Earthquake and DIC program writes insurance on both a primary and excess layer basis. Marine is a national program manager and wholesale producer of marine insurance products, including yachts and high performance boats, small boats, commercial marine and marine artisan contractors. Personal Property provides a series of coverages for homeowners and renters in 17 states. Residential Earthquake specializes in monoline residential earthquake coverage for California home and condominium owners. Wheels provides private passenger automobile and motorcycle coverage for a range of drivers. Arrowhead’s auto program offers two personal auto coverage types: one traditional non-standard auto product offering minimum state required liability limits and another targeting full coverage, multi-vehicle risks. The auto product is written in four states: California, Arizona, Michigan and Washington. Workers’ Compensation provides workers’ compensation insurance coverage in 43 states for California-based insureds. Arrowhead’s workers’ compensation program targets industry segments, such as agriculture, contractors, food services, horticulture and manufacturing.
The Companys Commercial Programs markets targeted products and services to specific industries, trade groups, and market niches. Most of these products and services are marketed and sold primarily through independent agents, including certain of the Company’s retail offices. However, a number of these products and services are also marketed and sold directly to insured customers. Under agency agreements with the insurance companies that underwrite these programs, the Company of! ten has a! uthority to bind coverages (subject to established guidelines), to bill and collect premiums and, in some cases, to adjust claims. Acumen Re Management Corporation is a reinsurance underwriting management organization, primarily acting as an outsourced specific excess workers’ compensation, directors and officers’ liability, and errors and omissions liability facultative reinsurance underwriting facility. AFC Insurance, Inc. (AFC) is a managing general underwriter, specializing in insurance products tailored to the health and human services industry. AFC works with retail agents in all states and targets home healthcare, group homes for the mentally and physically challenged, drug and alcohol facilities and programs for the developmentally disabled. AFC also has a separate program for independent pizza restaurants. American Specialty Insurance & Risk Services, Inc. provides insurance and risk management services for customers in professional sports, motor sports, amateur sports, and the entertainment industry.
Irving Weber Associates, Inc. (IWA) provides package insurance, including workers’ compensation to dry cleaners, linen supply and uniform rental operations. It also offers insurance programs for independent grocery stores and restaurants. Industry Consulting Group, Inc. (ICG) is a property tax service provider, and works with Proctor Financial, Inc. in providing solutions to the financial institutions industry. ICG provides a range of property tax processing solutions, property valuations and appeals, and other services to the real estate, oil and gas, and financial institution industries. Parcel Insurance Plan (PIP) is a specialty insurance agency providing insurance coverage to commercial and private shippers for small packages and parcels. Proctor Financial, Inc. (Proctor) provides insurance programs and compliance solutions for financial institutions that service mortgage loans. Proctor’s products include lender-placed fire and flood insurance, full insurance outsourcing, mortgag! e impairm! ent, and blanket equity insurance. Proctor acts as a wholesaler and writes surplus lines property business for its financial institution customers. Railroad Protector Plan (RRPP) provides insurance products for insureds servicing the railroad industry (not the railroads). The RRPP insurance coverages include general liability, property, commercial auto, umbrella, workers comp and inland marine. The RRPP is offered in 46 states.
The Companys Southwest Assurance Corporation (SAC) is a program that insures governmental entities’ mosquito control operations. The SAC/mosquito program provides insurance coverage including general liability, pesticide applicators liability, commercial auto, property, crime, pollution, aviation, airport premises liability, underground storage tank, workers comp and chemical liability. The SAC/mosquito program is offered in 48 states. Towing Operators Protector Plan (TOPP) targets towing operations that offer services to light class towing risks. The TOPP program provides insurance coverage, including general liability, commercial auto, garage keeper’s legal liability, property and motor truck cargo coverage. The TOPP program is offered in 21 states.
The Companys Public Entity-Related Programs administers various insurance trusts specifically created for cities, counties, municipalities, school boards special taxing districts, and quasi-governmental agencies. These insurance coverages can range from providing fully insured programs to establishing risk retention insurance pools to excess and facultative specific coverages. Downey is a program administrator of insurance trusts offering tailored property and casualty insurance products, risk management consulting, third-party administration and related services designed for cities, counties, municipalities, schools, special taxing districts, and other public entities in the State of Indiana. Ephrata is a program administrator of insurance trusts offering tailored property and casualty insurance prod! ucts, ris! k management consulting, third-party administration and related services designed for cities, counties, municipalities, and school boards in the State of Washington. Ideal is a program administrator offering tailored property and casualty insurance products, risk management consulting, third-party administration and related services designed for municipalities, schools, fire districts, and other public entities in the State of Illinois. PRNJ provides administrative services and insurance procurement for the Statewide Insurance Fund (Statewide). Statewide is a municipal joint insurance fund comprised of counties, municipalities, utility authorities, community colleges and emergency services entities in New Jersey. PRU is the program administrator for the Preferred Governmental Insurance Trust (PGIT) offering tailored property and casualty insurance products, risk management consulting, third-party administration and related services designed for cities, counties, municipalities, schools, special taxing districts, and other public entities in the State of Florida.
Wholesale Brokerage Division
The Company’s Wholesale Brokerage Division markets and sells excess and surplus commercial insurance products and services to retail insurance agencies (including the Company’s retail offices), and reinsurance products and services to insurance companies throughout the United States. The Wholesale Brokerage Division offices represent various United States and United Kingdom surplus lines insurance companies. The Wholesale Brokerage Division also represents admitted insurance companies for purposes of affording access to such companies for smaller agencies that otherwise do not have access to large insurance company representation. Excess and surplus insurance products encompass many insurance coverages, including personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder’s risk and inland marine lines. Difficult-to-insure! general ! liability and products liability coverages are a specialty, as is excess workers’ compensation coverage. Wholesale brokers solicit business through mailings and direct contact with retail agency representatives.
The Companys Services Division programs include The Advocator Group, American Claims Management, Colonial Claims, NuQuest/Bridge Point and Protocols, Preferred Governmental Claims Services, and United Self-Insured Services. The Advocator Group assists individuals throughout the United States who are seeking to establish eligibility for coverage under the United States Government’s Social Security Disability program and provides health plan selection and enrollment assistance for medicare beneficiaries. The Advocator Group works with employer-sponsored group life, disability and health plan participants to assist disabled employees in receiving the education, advocacy and benefit coordination assistance necessary to achieve the fastest possible benefit approvals. In addition, The Advocator Group also provides second injury fund recovery services to the workers compensation insurance market. American Claims Management (ACM) provides third-party administration (TPA) services to both the commercial and personal property and casualty insurance markets on a nationwide basis, and provides claims adjusting, administration, subrogation, litigation and data management services to insurance companies, self-insureds, public municipalities, insurance brokers and corporate entities.
The Companys Colonial Claims provides insurance claims adjusting and related services, including education and training services, throughout the United States. Colonial Claims handle property and casualty insurers’ multi-line and catastrophic claims needs, including auto, earthquake, flood, hail, homeowners and wind claims. NuQuest/Bridge Point and Protocols provide a spectrum of Medicare Secondary Payer (MSP) statute compliance services, from MSA Allocation through ! Professio! nal Administration to over 250 insurance carriers, third-party administrators, self-insured employers, attorneys, brokers and related claims professionals nationwide. Specialty services include medical projections, life care plans, Medicare set-aside analysis, allocation and administration. Preferred Governmental Claims Services (PGCS) provides TPA services for insurance entities and self-funded or fully-insured workers’ compensation and liability plans. PGCS services include claims administration, cost containment consulting, services for secondary disability, and subrogation recoveries. United Self-Insured Services (USIS) provides TPA services for insurance entities and self-funded or fully-insured workers’ compensation and liability plans. USIS services include claims administration, access to major reinsurance markets, cost containment consulting, services for secondary disability, and subrogation recoveries and risk management services, such as loss control. USIS services also includes managed care services, including medical networks, case management and utilization review services certified by the American Accreditation Health Care Commission.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Brown & Brown (BRO)
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- [By Shane Hupp]
Schroder Investment Management Group cut its stake in Brown & Brown, Inc. (NYSE:BRO) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,896,966 shares of the financial services provider’s stock after selling 184,087 shares during the quarter. Schroder Investment Management Group’s holdings in Brown & Brown were worth $79,869,000 at the end of the most recent quarter.
- [By Stephan Byrd]
Bitradio (CURRENCY:BRO) traded 31.4% higher against the U.S. dollar during the 24 hour period ending at 19:00 PM ET on August 27th. During the last seven days, Bitradio has traded up 20.6% against the U.S. dollar. One Bitradio coin can now be purchased for about $0.0487 or 0.00000707 BTC on popular exchanges including Trade Satoshi, Crex24 and Cryptohub. Bitradio has a market capitalization of $326,578.00 and $31.00 worth of Bitradio was traded on exchanges in the last day.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Brown & Brown (BRO)
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