It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?"
When judging a company's prospects, how quickly it turns cash outflows into cash inflows can be just as important as how much profit it's booking in the accounting fantasy world we call "earnings." This is one of the first metrics I check when I'm hunting for the market's best stocks. Today, we'll see how it applies to Quanex Building Products (NYSE: NX ) .
Let's break this down
In this series, we measure how swiftly a company turns cash into goods or services and back into cash. We'll use a quick, relatively foolproof tool known as the cash conversion cycle, or CCC for short.
Why does the CCC matter? The less time it takes a firm to convert outgoing cash into incoming cash, the more powerful and flexible its profit engine is. The less money tied up in inventory and accounts receivable, the more available to grow the company, pay investors, or both.
Top 10 Up And Coming Stocks To Watch Right Now: Harris & Harris Group Inc.(TINY)
Harris & Harris Group, Inc. is a venture capital and venture debt firm specializing in seed, start up, early stage, and mid venture investments. It primarily invests in tiny-technology-enabled companies with a focus on nanotechnology, microsystems, and microelectromechanical systems technology. Harris & Harris Group, Inc. was founded in 1981 and is based in New York, New York with additional offices in Palo Alto, California and Los Angeles, California.
Advisors' Opinion:- [By Sally Jones]
Highlight: Harris & Harris Group Inc. (TINY)
The TINY share price is currently $3.07 or 22.1% off the 52-week high of $3.94. The company does not pay a dividend.
Top 10 Building Product Stocks To Buy Right Now: Bonavista Energy Corp (BNPUF.PK)
Bonavista Energy Corporation (Bonavista) is engaged in the acquisition, exploration, development and production of oil and natural gas assets. The Company operates approximately 87% of its assets which are concentrated within three core regions in western Canada. Each core region contains a well-balanced portfolio of oil and natural gas assets with considerable opportunities. Its operations are geographically focused within three regions of Western Canada, which includes Western region, Northern region and Eastern region. The Company�� subsidiaries include Bonavista Petroleum (BP), Bonavista Energy LP (BELP) and Bonavista Energy Inc. (BEI). Advisors' Opinion:- [By Stephan Dube]
Cold Lake's most notable producers:
Husky Energy (HUSK.PK), see article here.Pengrowth Energy Corporation (PGH), see article here.Southern Pacific Resource (STPJF.PK), see article here.Canadian Natural Resources (CNQ), see article here.Devon Energy (DVN), see article here.Imperial Oil (IMO), see article here.Baytex, see article here.Bonavista Energy (BNPUF.PK), see article here.Athabasca's most notable producers:
Top 10 Building Product Stocks To Buy Right Now: Southwestern Energy Company(SWN)
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and crude oil in the United States. The company operates through two segments, Exploration and Production, and Midstream Services. The Exploration and Production segment involves in the development of an unconventional gas reservoir located on the Arkansas side of the Arkoma Basin, as well as exploration and production activities in Texas, Pennsylvania, and Oklahoma. This segment also conducts conventional drilling programs in the Arkoma Basin; and development drilling and exploration programs in the Oklahoma portion of the Arkoma Basin, as well as in Texas and Pennsylvania. In addition, it operates drilling rigs in the Fayetteville Shale play, as well as in other operating areas; and explores for natural gas and crude oil under 32 licenses in New Brunswick, Canada. The Midstream Services segment engages in gathering, marketing, and transportin g natural gas in Arkansas, Texas, and Pennsylvania. As of December 31, 2010, the company?s estimated proved natural gas and oil reserves were approximately 4,937 billion cubic feet of natural gas equivalent. Southwestern Energy Company was founded in 1929 and is based in Houston, Texas.
Advisors' Opinion:- [By Matt DiLallo]
Southwestern Energy (NYSE: SWN ) became the latest beneficiary of Chesapeake Energy's (NYSE: CHK ) asset disposition program. Southwestern was able to pick up 162,000 net acres in the Pennsylvania portion of the Marcellus Shale for a rock bottom price of just $93 million. This will bring Southwestern's total position in the play to 337,000 net acres.
- [By Arjun Sreekumar]
Comparing CEO compensations
Last year, McClendon received a base salary of $975,000 and a total compensation of $16.9 million. Meanwhile, chief executives at Encana (NYSE: ECA ) and Southwestern Energy (NYSE: SWN ) , two natural gas producers with very similar market capitalizations, had substantially smaller pay packages last year.
Top 10 Building Product Stocks To Buy Right Now: Algonquin Power & Utilities Corp (AQN)
Algonquin Power & Utilities Corp. (APUC) is engaged in ownership of power generation facilities and water, gas and energy utilities, through investments in securities of subsidiaries, including companies, limited partnerships and trusts. It operates in two segments: APCo, which owns or has interests in renewable energy facilities and thermal energy facilities, and Liberty Utilities, which owns and operates utilities in the United States of America providing water, wastewater and local electric distribution services. In February 2013, it acquired the regulated water distribution utility assets located in Pine Bluff, Arkansas from United Waterworks Inc. Effective December 20, 2013, Algonquin Power & Utilities Corp. announced that, Liberty Utilities, APUC's regulated distribution utility, acquired the Massachusetts natural gas distribution utility assets (New England Gas Assets) of Southern Union Company, a wholly owned indirect subsidiary of Energy Transfer Partners, L.P. Advisors' Opinion:- [By Eric Lam]
Algonquin Power & Utilities Corp. (AQN) increased 3.7 percent to C$6.94 after Sean Steuart, analyst with TD Securities, raised his rating for the stock to buy from hold. Algonquin owns and invests in renewable power assets across North America.
Top 10 Building Product Stocks To Buy Right Now: ESSA Bancorp Inc. (ESSA)
ESSA Bancorp, Inc. operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company provides deposit accounts comprising savings accounts, NOW accounts, checking accounts, money market accounts, club accounts, certificates of deposit, IRAs, and other qualified plan accounts, as well as commercial checking accounts for businesses. It also offers residential first mortgage loans, including one-to-four family residential loans and construction mortgage loans; commercial real estate loans; home equity loans and lines of credit; and commercial and consumer loans, as well as various unsecured or secured loans, loans secured by deposits, personal loans, and automobile loans. In addition, the company provides asset management and trust services, and investment services, as well as insurance benefit consulting services, including health insurance, life insurance, short term and lo ng term disability, dental, vision, and 401(K) retirement planning, as well as individual health products. As of September 30, 2013, it operated 26 full-service banking offices, including 13 offices in Monroe County, 6 offices in Lehigh County, and 7 offices in Northampton County in Pennsylvania. The company was founded in 1916 and is based in Stroudsburg, Pennsylvania.
Advisors' Opinion:- [By Tim Melvin]
Right now I know that silver miners like Pan American Silver (PAAS) and Coeur Mining (CDE) are very cheap on an asset basis. I know that oil and gas producers like Swift Energy (SFY) and WPX Energy (WPX) are priced as if no one will ever use the stuff again. I know that small banks like Cape Bancorp (CBNJ) and Essa Bancorp (ESSA) are crazy-cheap — and if the world does not end, those stocks will be a lot higher in a few years.
Top 10 Building Product Stocks To Buy Right Now: Medifocus Inc (MDFZF)
Medifocus Inc.(Medifocus) is a Canada-based company. The Company is engaged in the business of development and commercialization of minimally invasive, focused-heat tumor targeted cancer treatment devices and systems. Medifocus operates through its wholly owned subsidiary, Celsion (Canada) Limited (Celsion). Celsion had purchased from Celsion Corporation (United States), all of the assets relating to breast cancer Microfocus APA 1000 System (System), consisting of the microwave machine, the adaptive phased array (APA) technology licensed from Massachusetts Institute of Technology (MIT). The Company focuses on breast cancer treatment by using microwave heating to enhance neoadjuvant chemotherapy to provide tumor shrinkage and control. Advisors' Opinion:- [By Peter Graham]
Small cap stocks KBridge Energy Corp (OTCMKTS: BMMCF), Medifocus Inc (OTCMKTS: MDFZF) and Inscor Inc (OTCMKTS: IOGA) have been getting some attention lately in various investment newsletters and some of it is deserved as the first stock sank 35% on Friday, the second one recently released its financials (which did show a big improvement, but there is also a big catch for investors) and the third one has been the subject of a very aggressive promotional campaign. But are any of these three small caps really all that hot for investors? Here is a quick reality check:
- [By EquityOptionsGuru]
Over the past few years, and especially months, biotechnology stocks have been soaring on heightened investor expectations. Investors looking for a unique opportunity to participate in a massive bull rally over the next few years might want to pay special attention to one small but growing company called Medifocus (OTCMKTS:MDFZF).
Top 10 Building Product Stocks To Buy Right Now: 21Vianet Group Inc.(VNET)
21Vianet Group, Inc. provides carrier-neutral Internet data center services in China. It provides hosting and related services, managed network services, and cloud computing infrastructure, enhancing the reliability, security, and speed of its customers' Internet connections through 21Vianet's Internet infrastructure. The company?s customers locate their servers and networking equipment in 21Vianet's data centers and connect to China's Internet backbone through 21Vianet's fiber optic network. In addition, its managed network services enable customers to deliver data across the Internet in a faster and reliable manner through its data transmission network and proprietary BroadEx smart routing technology. The company operates 51 data centers located in 33 cities in China with approximately 6,600 cabinets under management. 21Vianet serves a diversified base of approximately 1,400 customers that span various industries ranging from Internet companies to government entities an d blue-chip enterprises to small- to mid-sized enterprises. The company was founded in 1999 and is headquartered in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Jake L'Ecuyer]
21Vianet Group (NASDAQ: VNET) was down, falling 6.18 percent to $25.94 on Q4 results.
Commodities
In commodity news, oil traded up 0.89 percent to $102.46, while gold traded down 1.08 percent to $1,337.20. - [By Jake L'Ecuyer]
21Vianet Group (NASDAQ: VNET) was down, falling 7.66 percent to $16.99 after the company reported its unaudited Q3 financial results. Pacific Crest downgraded the stock from Outperform to Sector Perform.
- [By Monica Gerson]
Analysts at Credit Suisse upgraded 21Vianet Group (NASDAQ: VNET) from ��eutral��to ��utperform.��The target price for 21Vianet Group has been raised from $27 to $36.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
In trading on Monday, technology shares were relative leaders, up on the day by about 1.18 percent. Among the leading sector stocks, gains came from WebMD Health (NASDAQ: WBMD) and 21Vianet Group (NASDAQ: VNET). Telecommunications services shares gained by just 0.35 percent in the US market today.
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