5 Best Penny Stocks To Buy For 2014

[ June 30, 2013 | Author: admin | Weather: | Mood: normal]

Though considered by some to be a sinking ship and/or takeover target, office supply juggernaut Staples (NASDAQ: SPLS  ) is pushing through its 52-week highs as the company reported respectable earnings during Thursday’s trading. Realistically, revenue is growing, the balance sheet is very conservative, and management has taken solid steps in pushing Web-based sales and delivery, as well as international expansion. Still, the company faces headwinds in a devastatingly low-margin business that requires expansion outside of core office products. Should Staples be a part of your retail portfolio? Let’s take a look at recent earnings to find out.

Earnings recap
For the first quarter of 2013, Staples brought in $5.8 billion in revenue — a 3% discount to last year’s number and roughly in line with analysts’ estimates. On the bottom line, the company earned $0.36 per share, a miss of one penny from the Street’s estimate and, again, slightly less than 2012′s number.

5 Best Penny Stocks To Buy For 2014: Qualstar Corporation(QBAK)

Qualstar Corporation designs, develops, manufactures, and sells automated magnetic tape libraries used to store, retrieve, and manage electronic data primarily in network computing environments worldwide. Its tape libraries consists of cartridge tape drives, tape cartridges, and robotics to move the cartridges from their storage locations to the tape drives under software control. The tape libraries also provide data storage solutions for organizations requiring backup, recovery, and archival storage of critical electronic information. The company also offers ancillary products related to its tape libraries, such as tape media, tape magazines, cables, bar code labels, and fiber channel adapters. In addition, it designs, develops, and sells switching power supplies that are used to convert alternate current line voltage to direct current voltages for use in electronic equipment, such as telecommunications equipment, servers, routers, switches, lighting, and gaming devices. Qualstar Corporation sells its tape drive products primarily to value added resellers and original equipment manufacturers, as well as switching power supplies primarily to original equipment manufacturers, contract manufacturers, and distributors. The company was founded in 1984 and is headquartered in Simi Valley, California.

5 Best Penny Stocks To Buy For 2014: PMC Commercial Trust(PCC)

PMC Commercial Trust operates as a real estate investment trust (REIT). It primarily originates loans to small businesses, principally in the limited service hospitality industry, collateralized by first liens on the real estate of the related business. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders. PMC Commercial Trust was founded in 1993 and is headquartered in Dallas, Texas.

Top 5 Income Stocks To Invest In 2014: Cowen Group Inc.(COWN)

Cowen Group, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets. It also invests in alternative investments markets through its subsidiaries. Cowen Group, Inc. was founded in 1994 and is based in New York, New York with additional offices in Boston, Massachusetts, Chicago, Illinois, Cleveland, Ohio, Dallas, Texas, and San Francisco, California.

Advisors’ Opinion:

  • [By Michael Brush]

    The name isn’t as common as others here, but you might remember the boutique investment banking and stock research shop Cowen Group (COWN). It helped hatch many of the midsize, high-growth tech and health-care companies during the late 1990s boom. Cowen itself went public in 2006, just in time to get trounced by an economic meltdown.

    Since the economy’s upward turn, Cowen’s stock hasn’t rebounded as well as bigger rivals like Goldman Sachs, GS. But its time will come, insists Anton Schutz, the manager of the Burnham Financial Industries Fund (BMFIX), which owns the stock. "In a true bull market, Cowen is capable of earning over $1 a share," says Schutz. Since boutique investment banks carry price-to-earnings ratios at least in the low teens in good times, this stock could double or even triple from recent levels of $4 a share, Schutz reasons.

    Cowen recently purchased the brokerage LaBranche (LAB), whose p resence on the Hong Kong stock exchange should help Cowen increase its investment banking business in China. "I expect this area to be of vital importance in growth for us," Cowen CEO and Wall Street veteran Peter Cohen said in the company’s most recent conference call. LaBranche also gives Cowen much-needed electronic platfor ms supporting options and high frequency trading, says Sandler O’Neill analyst Devin Ryan, who has a $7 price target on the stock.

    Asset management arm Ramius, which offers hedge funds and mutual funds, should continue to perform well as the stock market and economy rebound. These trends will also support Cowen’s U.S. brokerage and investment banking businesses. "The smaller brokers don’t need that many crumbs to fall off the table to make some really good money," Ryan says.

    Meanwhile, Cowen’s stock looks cheap, trading at about 70% of book value, compared with a 24% premium to book value at bigger rivals like Gol dman Sachs (GS). That protects investors against downsi! de, and also makes Cowen a possible buyout target.

  • [By Michael Brush]

    The name isn’t as common as others here, but you might remember the boutique investment banking and stock research shop Cowen Group (COWN). It helped hatch many of the midsize, high-growth tech and health-care companies during the late 1990s boom. Cowen itself went public in 2006, just in time to get trounced by an economic meltdown.

    Since the economy’s upward turn, Cowen’s stock hasn’t rebounded as well as bigger rivals like Goldman Sachs, GS. But its time will come, insists Anton Schutz, the manager of the Burnham Financial Industries Fund (BMFIX), which owns the stock. "In a true bull market, Cowen is capable of earning over $1 a share," says Schutz. Since boutique investment banks carry price-to-earnings ratios at least in the low teens in good times, this stock could double or even triple from recent levels of $4 a share, Schutz reasons.

    Cowen recently purchased the brokerage LaBranche (LAB), whose presence on the Hong Kong stock exchange should help Cowen increase its investment banking business in China. "I expect this area to be of vital importance in growth for us," Cowen CEO and Wall Street veteran Peter Cohen said in the company’s most recent conference call. LaBranche also gives Cowen much-needed electronic platforms supporting options and high frequency trading, says Sandler O’Neill analyst Devin Ryan, who has a $7 price target on the stock.

    Asset management arm Ramius, which offers hedge funds and mutual funds, should continue to perform well as the stock market and economy rebound. These trends will also support Cowen’s U.S. brokerage and investment banking businesses. "The smaller brokers don’t need that many crumbs to fall off the table to make some really good money," Ryan says.

    Meanwhile, Cowen’s stock looks cheap, trading at about 70% of book value, compared with a 24% premium to book value at bigger rivals like Goldman Sachs (GS). That protects investors against downside, and also makes Cowen a possible buyout target.

5 Best Penny Stocks To Buy For 2014: Kulicke and Soffa Industries Inc.(KLIC)

Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, light-emitting diodes, and power modules. It also services, maintains, repairs, and upgrades its equipment. The company operates in two segments, Equipment and Expendable Tools. The Equipment segment manufactures and sells a line of ball bonders, heavy wire wedge bonders, stud bumpers, and die bonders. Its Ball bonders are used to connect very fine wires, primarily made of gold or copper, between the bond pads of the semiconductor device or die, and the leads on its package; Heavy wire wedge bonders are used in the power semiconductor and automotive power module markets; and Die bonders are used to attach a die to the substrate or lead frame, which will house the semiconductor device. This segment?s Stud bumpers mechanically apply bumps to die, while still in the wafer format, for some variants of the flip chip assembly process. The Expendable Tools segment manufactures and sells various expendable tools for a range of semiconductor packaging applications. Its products include capillaries, bonding wedges, and saw blades. The company?s customers primarily comprise semiconductor device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, and automotive electronics suppliers in the United States and the Asia/Pacific region. Kulicke and Soffa Industries sells its products through manufacturers? representatives and distributors. The company was founded in 1951 and is headquartered in Singapore.

5 Best Penny Stocks To Buy For 2014: (POSC)

Positron Corporation operates as a molecular imaging company providing nuclear medicine technologies and services that are used in the field of nuclear cardiology. The company, through its proprietary PET imaging systems and radiopharmaceutical solutions, enables healthcare providers to accurately diagnose disease, and improve patient outcomes while practicing cost effective medicine. Its proprietary product lines and services include the Attrius, a dedicated PET imaging system; PosiStar, a clinical, technical, and service customer care plan; and PosiRx, a system that automates the elution, preparation, and dispensing processes for radiopharmaceutical agents used in molecular imaging. The company was founded in 1983 and is headquartered in Fishers, Indiana.

Advisors’ Opinion:

  • [By Dennis Slothower]

    Positron Corp. (OTC: POSC)is up 2.50% to $0.0410 on volume of over 518K shares. POSC, a molecular imaging company specializing in the field of nuclear cardiology, announced that it will beexhibitingat the European Society of Cardiology International Conference. (OTC:POSC), (POSC)

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