Sunday, October 26, 2014

Hot Canadian Stocks To Buy For 2014

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Canadian Solar (NASDAQ: CSIQ  ) jumped as much as 16% today after announcing a major project development.

So what: The company has been hired by Samsung Renewable Energy to design and build a 130 MW utility-scale project called Grand Renewable Solar. The project will generate $301.1 million in revenue for Canadian Solar and will begin construction in the third quarter of this year. �

Now what: Canadian Solar has been slowly turning itself into a project developer, a good move considering the competition in the module business. What's surprising about this project is its cost of just $2.32 per watt, one of the lowest I've ever seen in solar. This project will create a source of demand for the company's products, but at that low cost per watt it won't generate much profit. This is one of the better stocks in Chinese solar but it's still not a stock this Fool is buying today.

Interested in more info on Canadian Solar? Add it to your watchlist by clicking here.

Top 5 Valued Stocks To Invest In Right Now: Wells Fargo & Company(WFC)

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Franci sco, California.

Advisors' Opinion:
  • [By Russ Krull]

    Wells Fargo's (NYSE: WFC  ) second-quarter earnings report�is a good reason to give the stagecoach a once-over with a SWOT -- Strengths, Weaknesses, Opportunities, and Threats -- analysis. The headline numbers were solid, record net income and results that beat analyst expectations on earnings and revenue. The market liked the story and tacked nearly 2% to the stock price. Let's dig a little deeper and see what drove the numbers.

  • [By John Grgurich]

    Fellow superbank and renowned money manager Wells Fargo (NYSE: WFC  ) is currently boasting an ROE of 12.89%, so JPMorgan can consider itself in excellent company on this important metric.�

  • [By Amanda Alix]

    Both JPMorgan Chase (NYSE: JPM  ) and Wells Fargo (NYSE: WFC  ) also noted the mortgage slowdown, with Wells showing an obvious decrease in that sector. While JPMorgan did increase its volume year over year, CEO Jamie Dimon commented that things in that area are cooling off for the entire industry. This doesn't bode well for Moynihan's plant to goose earnings via stepped-up mortgage lending.

  • [By Jon C. Ogg]

    If JPMorgan is out of the student loan business, that basically leaves Wells Fargo & Co. (NYSE: WFC) and Discover Financial Services (NYSE DFS) as the remaining majors and many smaller lenders behind them. We have not seen the memo, but our own take is that this market is too much under the government’s control to matter very much for Jamie Dimon to care about. That being said, it is just one less arena of potential controversy down the road as the student loan business comes with much potential negative press.

Hot Canadian Stocks To Buy For 2014: Franklin Covey Company (FC)

Franklin Covey Co. provides training and consulting solutions to address leadership, execution, productivity, trust, customer loyalty, sales performance, and education problems worldwide. The company also offers clients with training in management skills, relationship skills, and individual effectiveness, as well as personal-effectiveness literature and electronic educational solutions. In addition, it sells a suite of individual-effectiveness and leadership-development training products; and books, e-books, audio media, downloadable and paper-based tools, content-rich software applications for smart phones and other handheld devices, training accessories, and other related products. The company delivers its products and services through onsite presentations, facilitators, international licensees, e-learning, public workshops, custom solutions, intellectual property licenses, and media publishing methods to organizational clients, including corporations, governmental agenc ies, educational institutions, and other organizations, as well as individual clients. Franklin Covey Co. was founded in 1983 and is headquartered in Salt Lake City, Utah.

Advisors' Opinion:
  • [By Seth Jayson]

    Franklin Covey (NYSE: FC  ) reported earnings on July 9. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended June 1 (Q3), Franklin Covey beat expectations on revenues and beat expectations on earnings per share.

  • [By Seth Jayson]

    Calling all cash flows
    When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Franklin Covey (NYSE: FC  ) , whose recent revenue and earnings are plotted below.

Hot Canadian Stocks To Buy For 2014: Prestige Brand Holdings Inc.(PBH)

Prestige Brands Holdings, Inc., together with its subsidiaries, engages in marketing, selling, and distributing over-the-counter healthcare and household cleaning products primarily in North America. The company?s Over-The-Counter Healthcare segment offers a portfolio of OTC products under nine core OTC brands, including Chloraseptic sore throat remedies, Clear Eyes eye drops, Compound W wart removers, Dramamine motion sickness products, Efferdent and Effergrip denture products, Little Remedies pediatric healthcare products, Luden's cough drops, PediaCare pediatric healthcare products, and The Doctor?s brand of oral care products. This segment also provides other significant brands that include Dermoplast first-aid products, Murine eye and ear care products, NasalCrom allergy relief product, New-Skin liquid bandage, and Wartner wart removers. Its Household Cleaning segment markets household cleaning products, such as abrasive and non-abrasive tub and tile cleaner, scrubb ing pads and sponges, dilutables, anti-bacterial hard surface spray for counter tops, and glass cleaners under the Comet, Chore Boy, and Spic and Span brands. Prestige Brands Holdings distributes its products through various retail channels, including drug, food, dollar, and club stores, as well as supermarkets and mass merchandisers. The company was founded in 1996 and is headquartered in Irvington, New York.

Advisors' Opinion:
  • [By Seth Jayson]

    Calling all cash flows
    When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Prestige Brands Holdings (NYSE: PBH  ) , whose recent revenue and earnings are plotted below.

Hot Canadian Stocks To Buy For 2014: 3M Company(MMM)

3M Company, together with subsidiaries, operates as a diversified technology company worldwide. The company?s Industrial and Transportation segment offers tapes, coated and non-woven abrasives, adhesives, specialty materials, filtration products, energy control products, closure systems for personal hygiene products, acoustic systems products, and components and products that are used in the manufacture, repair, and maintenance of automotive, marine, aircraft, and specialty vehicles. Its Health Care segment provides medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal drug delivery systems, dental and orthodontic products, health information systems, and food safety products. The company?s Display and Graphics offers optical film solutions for LCD electronic displays; computer screen filters; reflective sheeting for transportation safety; commercial graphics sheeting and systems; and mobile interactive solutions, includin g mobile display technology, visual systems products, and computer privacy filters. The company?s Consumer and Office segment provides office supply products, stationery products, construction and home improvement products, home care products, protective material products, certain consumer retail personal safety products, and consumer health care products. Its Safety, Security and Protection Services segment offers personal protection products, safety and security products, cleaning and protection products for commercial establishments, track and trace solutions, and roofing granules for asphalt shingles. The company?s Electro and Communications segment provides packaging and interconnection devices; fluids that are used in the manufacture of computer chips, and for cooling electronics and lubricating computer hard disk drives; high-temperature and display tapes; insulating materials, including tapes and resins; and related items. The company was founded in 1902 and is based in St. Paul, Minnesota.

Advisors' Opinion:
  • [By Ben Levisohn]

    Shares of GE have gained 3.5% to $24.54 at 1:08 p.m. today. United Technologies (UTX) has dropped 0.6% to $107.37, Koninklijke Philips (PHG) has gained 0.8% to $33.40, Siemens (SI) has risen 1.5% to $124.40 and 3M (MMM) has ticked up 0.1% to $122.75.

  • [By Monica Gerson]

    3M Company (NYSE: MMM) is expected to report its Q3 earnings at $1.75 per share on revenue of $7.85 billion.

    Alaska Air Group (NYSE: ALK) is estimated to report its Q3 earnings at $2.14 per share on revenue of $1.36 billion.

  • [By Matt Egan]

    General Electric (GE) and Honeywell (HON) offered positive news on this front last week, and this week it's 3M (MMM), Boeing (BA) and Dow Chemical's (DOW) turn to hit the earnings stage.

  • [By Dan Carroll]

    Both companies reporting on Thursday, 3M (NYSE: MMM  ) and ExxonMobil, are expected to post year-over-year EPS growth. Analysts expect the former to nose higher by around 4% in both earnings and revenue, with an average EPS estimate of $1.65. Exxon's expected to see sales fall more than 3% year over year, but analysts still project an average EPS figure of $2.05, a slight increase over last year's $2 figure for the same quarter. Exxon recently nosed past Apple (NASDAQ: AAPL  ) to retake the title of the world's most valuable publicly traded company, even as shares have fallen more than 3% year to date.

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