Thursday, October 30, 2014

Top 10 Rising Stocks To Own Right Now

Schemes to defraud the taxman likely sprang to life the second the first penny was collected. But who could have imagined that billions would be paid out every year to those brazen enough to ask the government for refunds they didn’t deserve?

Last year, the IRS mailed out fraudulent refunds worth $3.6 billion. That was at least an improvement over the $5.2 billion doled out in 2012.

Still, it’s hard to fathom how a system could miss the half-million dollars to an address in Bulgaria that was used on 700 income tax returns.

For its part, the IRS said it spotted more than 12 million suspicious returns seeking a total of $40 million. So maybe the batting average isn’t so bad.

Looking at a list of the top tax fraud cases for 2013, it’s not surprising to see that identity theft is a part of many of them. That crime topped the IRS’ 2013 list of top tax scams.

Of course, identity theft isn’t the only way fraudsters try to outfox the government. Last year, even a former big-city mayor was nailed for simply failing to pay all of his taxes.

Top 5 Building Product Companies To Invest In 2015: Granite Broadcasting Corp (GRRP)

Granite Broadcasting Corporation (Granite), incorporated in 1988, is a television broadcasting company focused on developing and operating small- to middle-market television broadcast stations in the United States. The Company owns and operates six middle-market stations, and has shared services agreements and advertising representation agreements to two additional stations owned by Malara Broadcast Group and one additional station owned by Four Seasons Broadcast Company. Granite's revenues are derived principally from local and national advertising and, to a lesser extent, from network compensation for the broadcast of programming, and from studio rental and commercial production activities. On July 26, 2006, the Company completed the acquisition of WBNG, Channel 12, the CBS-affiliated television station serving Binghamton and Elmira, New York. In December 2006, Granite, along with certain of its subsidiaries, voluntarily filed petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York.

The stations that Granite owns and the stations to which the Company provides services under local services agreements operate in geographically diverse markets. With respect to the stations the Company owns, as of December 31, 2005, two stations are located in the west region (KBWB-San Francisco, California and KSEE-Fresno, California); four stations are located in the mid-west region (WDWB- Detroit, Michigan; WEEK-Peoria, Illinois; WISE-Fort Wayne, Indiana, and KBJR-Duluth, Minnesota), and two stations are located in the northeast region (WKBW-Buffalo and WTVH-Syracuse, New York).

As of December 31, 2005, four of the eight stations the Company owns are affiliated with NBC, one is affiliated with ABC, one is affiliated with CBS and two are affiliated with the WB Network, which has announced that it will no longer provide programming to WB affiliates effective September 2006. All three of the s! tations to which the Company provides services under local services agreements are located in the midwest region (WPTA-Fort Wayne, Indiana; KDLH-Duluth, Minnesota, and WAOE- Peoria, Illinois). WPTA is affiliated with ABC, KDLH is affiliated with CBS and WAOE is affiliated with UPN.

Affiliates of the major networks, which include NBC, ABC, CBS and Fox, receive a significant portion of their programming each day from the network. These major networks provide programming, and in some cases, cash payments, to their affiliated stations in exchange for a significant portion of the affiliates' advertising inventory during the network provided programs. These networks then sell this advertising time and retain the revenue.

Granite has entered into affiliation agreements with networks for each of the stations the Company owns. KSEE, WEEK, WISE (acquired on March 8, 2005) and KBJR are affiliated with NBC, WKBW is affiliated with ABC, WTVH is affiliated with CBS, and KBWB and WDWB stations are affiliated with WB. WPTA, which Granite sold, on March 7, 2005, to Malara Broadcast Group, is affiliated with ABC. With respect to the two stations that are owned by Malara Broadcast Group to which, since March 8, 2005, the Company provides services under local services agreements, KDLH is affiliated with CBS and WPTA is affiliated with ABC. WAOE, which is owned by Four Seasons Broadcast Company, is affiliated with UPN. In addition to these network affiliation agreements, Granite delivers WB programming on leased cable channels in Fort Wayne, Indiana and Duluth, Minnesota-Superior, Wisconsin. In the Duluth, Minnesota-Superior, Wisconsin, the Company delivers UPN programming on one of KBJR's digital streams, which programming is retransmitted in analog format by certain major cable systems in the DMA. In addition, KRII multicasts Weather Plus on another of KBJR's digital streams.

Since March 8, 2005, Granite has shared services agreements and advertising representation agreements (or loc! al servic! e agreements) to provide advertising, sales promotion and administrative services, and selected programming to two additional stations owned by Malara Broadcast Group, all of which Granite and Malara stations are affiliated with either ABC, NBC or CBS, the Company's Big Three Affiliates. On September 8, 2005, Granite entered into a definitive agreement (the KBWB Purchase and Sale Agreement) to sell substantially all of the assets of KBWB-TV, the WB affiliate serving the San Francisco, California television market, to AM Broadcasting KBWB, Inc. (the KBWB Buyer). In addition, on September 8, 2005, the Company entered into a definitive agreement (the WDWB Purchase and Sale Agreement, and together with the KBWB Purchase and Sale Agreement, the Purchase and Sale Agreements) to sell substantially all of the assets of WDWB-TV, the WB affiliate serving the Detroit Michigan television market, to AM Broadcasting WDWB, Inc. (the WDWB Buyer).

On September 1, 2005, Granite entered into an arrangement with Four Seasons Broadcast Company, under which the Company will provide advertising, sales promotion and administrative services to Four Seasons Broadcast Company-owned station WAOE-TV, the UPN affiliate serving Peoria-Bloomington, Illinois, in return for certain fees that will be paid by Four Seasons Broadcast Company to Granite. On January 13, 2006, Granite and certain of its subsidiaries entered into a definitive agreement with Television Station Group Holdings, LLC and certain of its subsidiaries to purchase substantially all of the assets of WBNG-TV, Channel 12, the CBS-affiliated television station serving Binghamton and Elmira, New York.

Advisors' Opinion:
  • [By Lauren Pollock]

    E.W. Scripps Co.(SSP) agreed to acquire two television stations, one in Detroit and another in Buffalo, N.Y., for a combined $110 million from Granite Broadcasting Corp.(GRRP)

Top 10 Rising Stocks To Own Right Now: Whiting USA Trust I(WHX)

Whiting USA Trust I is a REIT. The trust was founded in 2007 and is based in Austin, Texas.

Advisors' Opinion:
  • [By Roberto Pedone]

    Another name that's starting to move within range of triggering a big breakout trade is Whiting USA Trust I (WHX). This stock hasn't done much so far in 2013, with shares up just 4.5%.

    If you look at the chart for Whiting USA Trust I, you'll notice that this stock has been uptrending strong for the last few weeks, with shares moving higher from its low of $3.65 to its intraday high of $4.87 a share. During that move, shares of WHX have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now spiked shares of WHX back above both its 50-day and 200-day moving averages, which is bullish. Shares of WHX are now quickly moving within range of triggering a big breakout trade.

    Traders should now look for long-biased trades in WHX if it manages to break out above some near-term overhead resistance levels at $4.90 to $5.04 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 321,220 shares. If that breakout triggers soon, then WHX will set up to re-test or possibly take out its next major overhead resistance levels at $6.23 to $8.01 a share.

    Traders can look to buy WHX off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $4.12 a share. One can also buy WHX off strength once it takes out that breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

Top 10 Rising Stocks To Own Right Now: WH Smith PLC (SMWH)

WH Smith PLC is a United Kingdom-based retail company. The Company has two businesses divisions: Travel and High Street. The Company's Travel division sells a range of newspapers, magazines, books and impulse products for people on the move and a broader convenience range in hospitals and workplaces. The Company's High Street sells a wide range of stationery, books, newspapers, magazines and impulse products, as well as a small range of entertainment products.The Company�� subsidiaries include WH Smith PLC, WH Smith Retail Holdings Limited, WH Smith High Street Holdings Limited, WH Smith Travel Holdings Limited, WH Smith High Street Limited, WH Smith Travel Limited and WH Smith Hospitals Holdings Limited. Advisors' Opinion:
  • [By Sofia Horta e Costa]

    Hays Plc (HAS) climbed 2.2 percent after the recruitment company said quarterly fees increased in its European markets. WH Smith Plc (SMWH) jumped the most in six months after raising its final dividend and saying it plans to repurchase an additional 50 million pounds ($80 million) of shares. Melrose Industries Plc (MRO) added 1.8 percent after KKR & Co. said it will pay about $1 billion for two of its U.S. industrial-products companies.

Top 10 Rising Stocks To Own Right Now: Virco Manufacturing Corporation(VIRC)

Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States. The company offers seating products, including cantilever chairs, tablet arm chairs, rockers, hard plastic seats, backrests, work surfaces, task chairs, classroom chairs, stack chairs, folding chairs, upholstered stack chairs, plastic stack chairs, and upholstered ergonomic chairs, as well as provides various seating product for students in college, university, other adult education settings, and on high school campuses. It also offers folding and banquet tables, activity tables, office tables, computer tables, and mobile tables, as well as table products for working and learning environments, seminars, and conferences; and computer furniture, including keyboard mouse trays, CPU holders, support columns, desks and workstations, and specialty tables and other products for computing applications. In addition, the company provi des chair desks, combo units, teacher desks, and tablet arm units, as well as a collection returns and credenzas. Further, it offers administrative office furniture, such as desks, returns, and bookcases; laboratory furniture, including steel-based science tables, table bases, lab stools, and steel foot-rings for biology and chemistry classes, and other school and college based lab settings; and mobile furniture comprising mobile tables for school cafeterias and mobile chairs for school settings and offices, as well as provides handling and storage equipment and manufactures stackable storage trucks. The company?s brand portfolio primarily includes ZUMA, ZUMAfrd, Ph.D., I.Q. Virtuoso, Classic Series, Martest 21, Lunada, Plateau, Core-a-Gator, Future Access, Sigma, Metaphor, Telos, TEXT, and Parameter. It also serves convention centers and arenas, hospitality providers, government facilities, and places of worship. Virco Mfg. Corporation founded in 1950 and is based in Torra nce, California.

Advisors' Opinion:
  • [By John Udovich]

    Small cap office furniture stock Steelcase Inc (NYSE: SCS) jumped 11.66% after beating earnings expectations, meaning it might be time to take a closer look at the stock along with potential office or commercial furniture stock peers like�HNI Corp (NYSE: HNI), Knoll Inc (NYSE: KNL) and Virco Mfg. Corporation (NASDAQ: VIRC). After all, the performance of any company selling office or commercial furniture would tend to give some insights into the office or employment markets.

Top 10 Rising Stocks To Own Right Now: Powershares Dynamic Food & Beverage Portfolio (PBJ)

PowerShares Dynamic Food & Beverage Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Dynamic Food & Beverage Intellidex Index (the Food & Beverage Intellidex). The Food & Beverage Intellidex consists of stocks of 30 United States food and beverage companies. These are companies that are principally engaged in the manufacture, sale or distribution of food and beverage products, agricultural products and products related to the development of new food technologies. These companies may include companies that sell products and services, such as meat and poultry processing, and wholesale and retail distribution and warehousing of food and food-related products, including restaurants, grocery stores, brewers, distillers and vintners, as well as companies that manufacture and distribute products, including soft drinks, packaged food products (such as cereals, pet foods and frozen foods), health food and dietary products. Stocks are selected principally on the basis of their capital appreciation potential as identified by the AMEX (the Intellidex Provider) pursuant to its Intellidex methodology. The Fund�� investment advisor is PowerShares Capital Management LLC.

The Food & Beverage Intellidex is adjusted quarterly, and the Fund, using an indexing investment approach, attempts to replicate the performance of the Food & Beverage Intellidex. The Fund generally will invest in all of the stocks comprising the Food & Beverage Intellidex in proportion to their weightings in the Food & Beverage Intellidex. The Fund will normally invest at least 80% of its total assets in common stocks of food and beverage companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Food & Beverage Intellidex.

Advisors' Opinion:
  • [By John Udovich]

    Small cap ingredients stock Balchem Corporation (NASDAQ: BCPC) jumped 22.76% yesterday on news about an acquisition, meaning its worth taking a closer look at the stock along with potential peers like small cap MGP Ingredients Inc (NASDAQ: MGPI) and the PowerShares Dynamic Food & Beverage ETF (NYSEARCA: PBJ).

Top 10 Rising Stocks To Own Right Now: Sirona Dental Systems Inc (SIRO)

Sirona Dental Systems, Inc. (Sirona), incorporated on April 25, 1997, and its subsidiaries is a manufacturer of dental equipment, and is focused on developing, manufacturing and marketing solutions for dentists around the world. The Company operates in four segments: Dental CAD/CAM Systems, Imaging Systems, Treatment Centers and Instruments. The Company markets its products globally to dental practices, clinics and laboratories through an international network of distributors. The dental distributors supply both dental equipment and consumables, and have regular contact with the ultimate end-users. In addition, the Company also distributes its products through its own sales and services infrastructure.

Dental CAD / CAM Systems

Dental CAD/CAM Systems address the dental restorations, which includes several types of restorations, such as inlays, onlays, veneers, crowns, bridges, copings and bridge frameworks made from ceramic, metal or composite blocks. Sirona's CEramic REConstruction (CEREC) system is an in-office application that enables dentists to produce high quality restorations from ceramic material and insert them into the patient's mouth during a single appointment. The CEREC system consists of an imaging unit and a milling unit. The imaging unit scans the damaged area, captures the image of the tooth or teeth requiring restoration and proposes the specifications for the restoration. The milling unit then mills the ceramic restoration to the required specifications based upon the captured image and the dentist's design specifications.

Sirona offers a service contract on its CEREC product, which includes software updates and upgrades and maintenance on software-related hardware. In addition to CEREC, Sirona also offers CAD/CAM products for dental laboratories, including the inLab restoration fabrication system and the extra-oral inEos scanner. These products are designed to improve efficiency and reduce costs for the dental lab. The inLab system scans the ! models received from the dentists and then mills ceramic or composite block restorations, such as crown copings and bridge frameworks to the specifications of the captured image.

Imaging Systems

Imaging Systems comprise a broad range of systems for diagnostic imaging in the dental practice. Sirona has developed a comprehensive range of imaging systems for two dimensional (2D) or three dimensional (3D), panoramic and intra-oral applications. Intra-oral x-ray systems use image-capture sensor devices, which are inserted into the mouth behind the diagnostic area, and take images of one or two teeth. Panoramic x-ray systems produce images of the entire jaw structure by means of an x-ray tube and an image capture device, which rotates around the head.

Treatment Centers

Treatment Centers consists of a range of products from basic dentist chairs to chair-based units with integrated diagnostic, hygiene and ergonomic functionalities, as well as specialist centers used in preventative treatment and for training purposes. Sirona offers specifically configured products to meet the preferences of dentists within each region in which it operates. Sirona's treatment center configurations and system integration are designed to enhance productivity by creating a seamless workflow within the dental practice.

Instruments

Sirona offers a range of instruments, including handheld and power-operated handpieces for cavity preparation, endodontics, periodontology and prophylaxis, which are regularly updated and improved. The instruments are supplemented by multi-function tips, supply and suction hoses, as well as care and hygiene systems for instrument preparation. Sirona's instruments are often sold as packages in combination with treatment centers.

Advisors' Opinion:
  • [By Ben Levisohn]

    Shares of Align have surged 24% to $57 at 12:37 p.m. Sirona Dental Systems (SIRO) has risen 0.8% to $69.61, Dentsply International (XRAY) is up 0.1% at $45.44, Integra Lifesciences (IART) has� gained 0.4% to $44.23 and Danaher (DHR) has fallen 0.3% to $72.13.

  • [By Todd Campbell]

    Dentists may find that patients are more willing to spend on restorative procedures now that the job market is recovering and consumer sentiment is heading higher. That offers new opportunities for providers of dentistry equipment, such as Sirona Dental Systems (NASDAQ: SIRO  ) , a company that was spun out of Siemens in 1997 and brought public in 2006.

Top 10 Rising Stocks To Own Right Now: Trimble Navigation Limited(TRMB)

Trimble Navigation Limited provides positioning, wireless, and software technology solutions. The company?s Engineering and Construction segment offers site positioning systems, construction asset management services, software, and wireless and Internet-based site communications infrastructure solutions that improve productivity, accuracy, safety, and environmental impact in the entire construction process; and productivity solutions for the building construction sectors, as well as designs and markets handheld data collectors, productivity survey and mapping equipment, and data collection software for field use. Its Field Solutions segment provides guidance and positioning systems, automated application systems, and information management solutions to improve crop performance, profitability, and environmental quality; and handheld data collectors that gather information in the field. The company?s Mobile Solutions segment offers vehicle solutions, such as GPS receivers, business logic, sensor interfaces, and wireless modems; mobile worker solutions to automate service technician work in the field; and scheduling and dispatch solution, an enterprise software program to optimize scheduling and routing of field service technicians. Its Advanced Devices segment supplies global navigation satellite system modules (GNSS), licensing and complementary technologies, and GNSS-integrated sub-system solutions; supplies global positioning system receivers and embedded modules for aircraft navigation and timing applications; provides GPS-enabled cell phones for outdoor recreational activities; precision products that combine GNSS with inertial sensors; and ultra high frequency radio frequency identification reader modules, radio frequency identification readers, and design services. The company markets its products through dealers, distributors, and authorized representatives worldwide. Trimble Navigation Limited was founded in 1978 and is headquartered in Sunnyvale, California.

Advisors' Opinion:
  • [By cody56]

    The top contributors to performance during the period were Trimble Navigation (TRMB), Sensata Technologies�(ST) and Cadence Design Systems (CDS).

    Trimble Navigation provides location-based solutions to its customers that enhance their productivity and profitability. The recovery in construction end markets and continued strong demand from the farm economy resulted in strong overall financial results for the company and a strong stock price. We trimmed the position as it began to exceed the upper end of the market cap range that we invest in. Sensata Technologies develops, manufactures and sells sensors and controls. We are attracted to the company�� large growth opportunity, which is driven by increased sensor penetration in industries such as automobiles and general industrial opportunities. We find Sensata�� business model to be attractive given the stability of its revenues, strong operating leverage and excellent management team. During the period, the company benefited from a rebound in European automobile sales and deployed capital in several small accretive acquisitions. We have been trimming the position modestly as the stock approaches our price target.

    Meridian Growth Fund performance

  • [By Seth Jayson]

    Trimble Navigation (Nasdaq: TRMB  ) reported earnings on April 30. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended March 31 (Q1), Trimble Navigation missed estimates on revenues and beat expectations on earnings per share.

  • [By Holly LaFon]

    ��Trimble Navigation (TRMB) provides location-based solutions to its customers that enhance their productivity and profitability. The recovery in construction end markets and continued strong demand from the farm economy resulted in strong overall financial results for the company and a strong stock price. We trimmed the position as it began to exceed the upper end of the market cap range that we invest in.

  • [By Lee Jackson]

    Trimble Navigation Ltd. (NASDAQ: TRMB) applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location — including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. The J.P. Morgan price target is $43, and consensus target is at $39.29. Trimble closed Tuesday at $38.87.

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