Despite the strong price appreciation, this Zacks Rank #3 (Hold) stock has plenty of upside left given its expected long-term earnings growth rate of 6.2%.
Growth Drivers
Impressive first-quarter 2013 results, a strong capital position and healthy capital deployment activities were the company�� primary growth drivers.
Comerica�� first-quarter earnings beat the Zacks Consensus Estimate by 4.5%. Results benefited from reduced expenses, growth in average loans and improved credit metrics. However, the positives were partially offset by lower revenues.
Further, over the years, Comerica�� capital deployment initiatives through dividend payment and share buybacks boosted confidence of yield seeking investors. During the first quarter, the company paid back 77% of net income to shareholders. We expect such actions to garner more trust from investors.
Best Beverage Companies To Buy For 2015: Fortis Inc (FRTSF.PK)
Fortis Inc. (Fortis) is an investor-owned gas and electric distribution utility in Canada. Its regulated utilities account for 90 % of total assets and serve customers across Canada and in New York State and the Caribbean. Fortis owns non-regulated hydroelectric generation assets in Canada, Belize and Upstate New York. The Company's non-utility investments are comprised of hotels and commercial real estate in Canada and petroleum supply operations in the Mid-Atlantic Region of the United States. Advisors' Opinion:- [By Markus Aarnio]
Emera's competitors include Northland Power (NPIFF.PK), Fortis (FRTSF.PK), and Atlantic Power (AT). Northland Power has seen insider buying in August and has a dividend yield of 7.6%. Fortis has seen both insider buying and insider selling in August. Fortis has a dividend yield of 4.1%. Atlantic Power saw insider buying last time in April. Atlantic Power has a dividend yield of 9.4%.
Top 10 Regional Bank Companies To Buy Right Now: Forest Oil Corporation (FST)
Forest Oil Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company primarily has interests in the properties in the Texas Panhandle; the east Texas/north Louisiana; and the Eagle Ford Shale in south Texas. As of December 31, 2011, its total estimated proved oil and gas reserves were approximately 1,904 billion cubic feet equivalent. The company was founded in 1916 and is headquartered in Denver, Colorado with an additional office in Houston, Texas.
Advisors' Opinion:- [By Canadian Value]
<p style=" margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none; display: block;"> The Value Case For Forest Oil (FST) - Aquitania Capital
- [By Mark Hulbert]
The stocks are C.H. Robinson Worldwide (CHRW) �, a freight-transportation company; chip maker Cirrus Logic (CRUS) �; independent oil company Forest Oil (FST) �; investment bank Greenhill & Co. (GHL) �; Intrepid Potash (IPI) �, a fertilizer company; retailer J.C. Penney (JCP) �; Quest Diagnostics (DGX) �, a medical diagnostic company; Strayer Education (STRA) �, a for-profit college; Tower Group International (TWGP) �, an insurance company; and Windstream Holdings (WIN) �, a rural telecommunications firm.
- [By Ben Levisohn]
Forest Oil�(FST) has gained 7.2% to $6.81 after it announced the sale of some Texas assets for $1 billion.
Lannett Company (LCI) has dropped 12% to $18.41 after the generic drug maker announced a secondary stock offering.
Top 10 Regional Bank Companies To Buy Right Now: Chanticleer Holdings Inc (HOTR)
Chanticleer Holdings, Inc., incorporated in 1999, is a business operator focused on expanding the Hooters casual dining restaurant brand in international markets. Chanticleer has rights to develop and operate Hooters restaurants in South Africa and has joint ventured with the current franchisee in Australia. The company also has franchise rights to develop Hungary and parts of Brazil while evaluating several additional opportunities internationally. During the year ended December 31, 2011, Chanticleer and a group of private equity investors acquired Hooters of America, Inc. (HOA). HOA is the franchisor and operator of over 450 Hooters restaurants in 44 states and 28 foreign countries. In October 2013, Chanticleer Holdings Inc purchased American Roadside Burgers, Inc. In December 12, 2013, Chanticleer Holdings Inc acquired a 51% interest in JF Restaurants LLC, an owner and operator of restaurants. In February 2014, it acquired Hooters' United States Pacific Northwest franchise rights and two existing restaurants in Oregon and Washington.
The Company operates in two business segments: Hooters franchise restaurants, and investment management and consulting services businesses. Hooters has also branched out to other areas, including licensing its name to a golf tour and the sale of packaged food in supermarkets. Its subsidiaries include Chanticleer Advisors, LLC, (Advisors), Avenel Ventures, LLC (Ventures), Avenel Financial Services, LLC (AFS), Chanticleer Holdings Limited (CHL), Chanticleer Holdings Australia Pty, Ltd. (CHA), Chanticleer Investment Partners, LLC (CIP), DineOut SA Ltd. (DineOut), Kiarabrite (Pty) Ltd (KPL), Dimaflo (Pty) Ltd (DFLO), Tundraspex (Pty) Ltd (TPL), Civisign (Pty) Ltd (CPL), Dimalogix (Pty) Ltd (DLOG) and Crown Restaurants Kft. (CRK).
South Africa
As of December 31, 2011, the Company had four Hooters locations in South Africa in Cape Town, Durban and Johannesburg (two locations), which are owned by four companies, which it control. The Com! pany formed a management company to operate the current South African Hooters locations. It owns 80% of the management company, with two members of local management owning the remaining 20%. The management company charges a management fee of 5% of net revenues to the Hooters locations in South Africa.
Other Countries
The Company has acquired development rights for Hooters in five states of Brazil, which would include Rio de Janeiro. It has applied to HOA for franchise rights in Hungary, where it own 80% of the entity the Company anticipate will hold the franchise rights and its local partner owns the remaining 20%. The Company has partnered with the Hooters franchisee in a joint venture in which it owns 49% and its partner 51%. The first Hooters restaurant under this joint venture (which would be the third Hooters restaurant open in Australia) opened in January 2012 in Campbelltown, a suburb of Sydney. It has a non-binding letter of intent with a franchisee to purchase 100% of an existing Hooters location.
Management and consulting services
The Company provides management and consulting services for small companies, which are seeking to become publicly traded. The Company also provides management and investment services for Investors LLC and Investors II, which are affiliates of the Company.
Advisors' Opinion:- [By Chris Isidore]
Restaurant chains are trying to hold the line on prices. Mark Allison, senior vice president of culinary operations at Chanticleer Holdings (HOTR), which operates the American Roadside Burger chain, said his chain raised prices about 12%, even though their beef costs are up even more than that.
- [By Konrad Kuhn]
Chanticleer Holdings (HOTR), a franchisee of international Hooters restaurants, has exploded through its upside target prices; however, in our view, the stock has a long way to go, as it expands its restaurants abroad, and in the US.
Top 10 Regional Bank Companies To Buy Right Now: Brooks Macdonald Group PLC (BRK)
Brooks Macdonald Group plc is an integrated wealth management group, consists of three principal companies: Brooks Macdonald Asset Management Limited; Brooks Macdonald Financial Consulting Limited, which provides a bespoke, fee based, investment management service to private high net worth individuals, charities and trusts, and also provides in-house custody, nominee and dealing services; Brooks Macdonald Funds Limited, which provides fee-based, independent advice to high net worth individuals, families and businesses, and Brooks Macdonald Financial Consulting Limited, which acts as fund manager to its regulated open ended investment Companies, under the name Brooks Macdonald Funds, as well as providing specialist funds in the property and structured return sectors. It also manages property assets on behalf of the funds and other clients. Its segments include investment management, financial planning, and fund and property management. On July 1, 2012, it acquired JPAM Limited. Advisors' Opinion:- [By David Sterman]
Insurance companies are some of the best deals on the market right now, as many of them still trade below tangible book value. And considering that book value will rise more quickly as interest rates (and interest income) move higher in coming years, Buffett's Berkshire Hathaway (NYSE: BRK) could afford to pay up to 1.25 times book value and still garner excellent long-term returns. Here's a quick list of insurers that fit the bill:
- [By Bob Bogda]
The track record of the annual list is equally as impressive. Since the inaugural edition in 2003, "top stocks" have beaten the market 7 out of 10 years (the jury is still out on the current year). That beats the performance of Warren Buffett's Berkshire Hathaway (NYSE: BRK) by one year during the same span.
Top 10 Regional Bank Companies To Buy Right Now: Cardiovascular Systems Inc.(CSII)
Cardiovascular Systems, Inc., a medical device company, focuses on developing and commercializing minimally invasive treatment solutions for vascular disease. Its primary products include catheter-based platforms, such as the Diamondback 360�PAD System, the Diamondback Predator 360�PAD System, and Stealth 360�PAD System that are used for the treatment of a range of plaque types in leg arteries above and below the knee. The PAD Systems consists of a single-use catheter that travels over its proprietary ViperWire guidewire and are used in conjunction with a reusable external control unit or a saline infusion pump. It markets and sells its products through direct sales force to hospitals and office based laboratories in the United States. The company was founded in 1989 and is headquartered in St. Paul, Minnesota.
Advisors' Opinion:- [By James Oberweis]
Cardiovascular Systems, Inc. (CSII) sells devices (called atherectomy devices) that remove the plaque altogether versus traditional angioplasty devices that push the plaque into the vessel.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, medical device company Cardiovascular Systems (NASDAQ: CSII ) has received a distressing two-star ranking.
- [By Todd Campbell]
So far I've outlined the reasons for the robust returns last year at diabetes device maker Dexcom and cardiovascular device play Cardiovascular Systems (NASDAQ: CSII ) . That brings us to No. 3 in my series,�Abiomed (NASDAQ: ABMD ) , a company that saw its latest product line propel its shares 98% higher in 2013.
Top 10 Regional Bank Companies To Buy Right Now: Zix Corporation(ZIXI)
Zix Corporation provides Internet-based applications in software as a service model that enables the use of secure email for sensitive information exchange primarily in the healthcare, financial services, insurance, and government sectors in the United States. It offers email encryption service, a secure messaging service, which allows an enterprise to use policy-driven rules to determine which emails should be sent securely to comply with regulations or policies. The company also provides a solution that analyzes and encrypts email communications. Its services offer users the ability to deliver encrypted email to any email user at any email address by using the ZixCorp Best Method of Delivery protocol that automatically determines the direct and appropriate means of delivery, based on the sender?s and recipient?s communications environment and preferences. Zix Corporation sells its services through a direct sales force, and a network of resellers and other distribution partners. The company was formerly known as ZixIt Corporation and changed its name to Zix Corporation in 2002. Zix Corporation was founded in 1983 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Seth Jayson]
Zix (Nasdaq: ZIXI ) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Zix's revenues will expand 15.0% and EPS will wither 0.0%.
Top 10 Regional Bank Companies To Buy Right Now: Pier 1 Imports Inc (PIR)
Pier 1 Imports, Inc. (Pier 1 Imports), incorporated in April 30, 1986, is a global importer of imported decorative home furnishings and gifts. As of March 2, 2013, the Company had 1,062 stores in the United States and Canada. During the fiscal year ended March 2, 2013 (fiscal 2013), the Company opened 22 new Pier 1 Imports stores and closed 12 stores. The Company operates regional distribution center facilities in or near Baltimore, Maryland; Columbus, Ohio; Fort Worth, Texas; Ontario, California; Savannah, Georgia, and Tacoma, Washington. The specialty retail operations of the Company consist of retail stores and e-Commerce operations conducting business under the name Pier 1 Imports, which sell a range of furniture, decorative home furnishings, dining and kitchen goods, candles, gifts and other specialty items for the home.
As of March 2, 2013, the Company operated 982 Pier 1 Imports stores in the United States and 80 Pier 1 Imports stores in Canada. During fiscal 2013, the Company supplied merchandise and licensed the Pier 1 Imports name to Grupo Sanborns, which sold Pier 1 Imports merchandise primarily in a store within a store format in 49 Sears Mexico stores and one store in El Salvador. The stores consist of freestanding units located near shopping centers or malls and in-line positions in major shopping centers. Pier 1 Imports operates in all major United States metropolitan areas and many of the primary smaller markets.
Decorative Accessories
This merchandise group constitutes the range of category of merchandise in Pier 1 Imports��sales mix. These items are imported primarily from Asian and European countries, as well as some domestic sources. This merchandise group includes decorative accents, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, bath and fragrance products, candles, seasonal and gift items.
Furniture
This merchandise group consists of furniture and furniture cushions to be used in livin! g, dining, office, kitchen and bedroom areas, sunrooms and on patios. Also included in this group are wall decorations and mirrors. These goods are imported from a variety of countries such as Vietnam, Malaysia, Brazil, Thailand, China, the Philippines, India and Indonesia, and are also obtained from domestic sources. This merchandise group is made of metal or handcrafted natural materials, including rattan, pine, beech, rubberwood and selected hardwoods with either natural, stained, painted or upholstered finishes.
Advisors' Opinion:- [By Jake L'Ecuyer]
Pier 1 Imports (NYSE: PIR) shares were also up, gaining 2.74 percent to $18.72 on Q4 results. Pier 1's quarterly profit fell to $42.6 million, or $0.41 per share, versus a year-ago profit of $61.7 million, or $0.58 per share.
- [By Marc Bastow]
Decorative gifts and products distributor Pier 1 (PIR) raised its quarterly dividend 20% to 6 cents per share, payable on Feb. 5 to shareholders of record as of Jan. 22.
PIR Dividend Yield: 1.1% - [By Garrett Cook]
Shares of Pier 1 Imports (NYSE: PIR) were 12.19 percent to $16.04 after the company reported a drop in its fiscal first-quarter profit and lowered its forecast.
- [By Teresa Rivas]
Pier One Imports (PIR) was jumping 3% Tuesday after an upgrade from Barclays.
Analysts Alan Rifkin and Sam Reid upgraded the stock to Overweight from Equal Weight, and boosted their target price by $4, to $23, writing that the stock has suffered ��erfect storm��of one-time operational headwinds that has masked its potential long-term performance.
They write that this year should finally bring the payoff of years of ��ignificant investment��in personnel and technology, and more normalized sales and margins will replace its previous high levels of capital expenditure.
Given that the stock is off more than 20% in the past year, they also write that the selloff has gone too far, and it is a ��ompelling buying opportunity��at current levels, which represent a meaningful discount to peers. Although the company just reported an upbeat fourth quarter last week, they expect the current first quarter to be a catalyst for the stock, as it will provide an opportunity ��or management to begin to demonstrate this renewed momentum.��/p>
More from their note:
Supporting top-line growth, we note: (1) E-comm investments have likely peaked; accelerating e-comm growth (to 10% in 2015) should be highly supportive of both top-line (and EBIT). We do not believe forward valuation fully reflects this. (2) A sequential acceleration in comps is highly likely. We are looking for 5% comps for 2014 (vs. 2.4% in 2013), which should yield productivity per square foot of ~$215. (3) PIR�� merchandising strategy remains on track. We think differentiation relative to peer offerings is an underappreciated positive. (4) PIR should benefit from attractive housing industry fundamentals in 2014-15. Collectively, these four growth engines should support both occupancy and SG&A leverage. We also note that (5) the accelerated buyback underscores management�� conviction in an operating performance rebound. After repurchasing 5% of total shares in the fi
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