In June of this year, I wrote a Seeking Alpha article pointing out that Evolution Petroleum (NYSEMKT:EPM) stock price was not keeping pace with the rise in the price of WTI. Since that piece was published, shares are up 50% and are up over 80% since my first Seeking Alpha article on the company in February (see Evolution Petroleum: Total Production Costs Of Only $13.44/bbl). Is it time to take profits?
EPM has been performing very well this year as the price of oil has firmed. The most recent quarterly results were released on November 7 and included was a 30% increase in the dividend to $0.065 per share ($0.26/share on an annual basis). That equates to a current yield of 3.1% based on yesterday’s close of $8.30.
Best High Tech Stocks To Invest In Right Now: ThyssenKrupp AG (TYEKF)
Advisors’ Opinion:
- [By Matthew DiLallo]
In addition, the company announced that it has agreed to acquire a steel plant in Brazil from ThyssenKrupp (NASDAQOTH:TYEKF) for $1.3 billion. While that plant has had its share of problems in the past, Ternium is getting it for a good value, and it has upside potential. The company paid slightly less than five times EBITDA (earnings before interest, taxes, depreciation, and amortization) for the facility. As the following chart shows, that’s below the value that steel-company stocks trade for these days:
Best High Tech Stocks To Invest In Right Now: QC Holdings Inc.(QCCO)
Advisors’ Opinion:
- [By Monica Gerson]
QC Holdings (NASDAQ: QCCO) shares tumbled 2.58% to reach a new 52-week low of $2.27. QC Holdings’ trailing-twelve-month profit margin is 0.60%.
NewLead Holdings (NASDAQ: NEWL) shares dipped 6.56% to touch a new 52-week low of $0.08 after the company completed the acquisition of titles in the Viking Mine located in Kentucky, USA.
Best High Tech Stocks To Invest In Right Now: Hexcel Corporation(HXL)
Advisors’ Opinion:
- [By Lisa Levin]
Breaking news
Hexcel Corporation (NYSE: HXL) issued a weak profit and sales forecast for 2017.
VeriFone Systems Inc (NYSE: PAY) reported better-than-expected earnings for its fourth quarter, but issued a weak outlook for the first quarter.
Boeing Co. (NYSE: BA) lifted its quarterly dividend by 30 percent to $1.42 per share. The company’s board also announced a a new $14 billion share buyback plans.
Inovalon Holdings Inc (NASDAQ: INOV) cut its earnings and revenue guidance for full year 2016.
Best High Tech Stocks To Invest In Right Now: Pebblebrook Hotel Trust(PEB)
Advisors’ Opinion:
- [By Marshall Hargrave]
The other key benefit for Strategic is that it enjoys industry-leading earnings before interest, taxes, depreciation and amortization (EBITDA) per available room. For 2012, Strategic generated $81 per room of EBITDA. Compare this to top comps LaSalle Hotel (NYSE: LHO) at $74 per room and Pebblebrook Hotel Trust (NYSE: PEB) at $71. The reason for this is that Strategic is much less reliant than its peers on rooms, with much greater exposure to food and beverages. Strategic earns 53% of its revenue from rooms, while its peers get around 66% of revenues from rooms.
Best High Tech Stocks To Invest In Right Now: Durect Corporation(DRRX)
Advisors’ Opinion:
- [By Lisa Levin]
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Wednesday's regular session.
