With shares of Corning (NYSE:GLW) trading around $17, is GLW an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework.
T = Trends for a Stock’s MovementCorning produces and sells specialty glasses, ceramics, and related materials worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has launched Corning Lotus Glass, an environmentally friendly display glass for organic LED and LCD displays that are used in portable devices such as smartphones, tablets, and notebook computers. Smart phones, tablets, notebook computers, and their related materials are seeing explosive growth in developed and developing countries around the world.
Samsung Electronics���(SSNLF.PK)�purchase of Corning shares and a glass supply agreement between the two companies will last until 2023. Samsung Display is buying $2.3 billion worth of shares in Corning, according to a statement from Corning, making Samsung�� combined stake in Corning 7.4 percent. The Samsung purchase is expected to close in the first quarter of 2014.
Top 5 Heal Care Stocks To Own Right Now: Life Time Fitness Inc (LTM)
Life Time Fitness, Inc., incorporated on October 15, 1990, operates multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. As of February 28, 2013, the Company operated 105 centers under the LIFE TIME FITNESS and LIFE TIME ATHLETIC SM brands primarily in suburban locations in 28 major markets in the United States and Canada. The Company�� model centers target 7,500 to 11,000 memberships by offering, on average, 114,000 square feet of multi-use sports and athletic, professional fitness, family recreation, spa amenities and programs and services in a resort-like environment. Life Time programs include a range of interest areas, such as group fitness, yoga, swimming, running, racquetball, squash, tennis, Pilates, martial arts, kids activities and camps, adult activities and leagues, rock climbing, cycling, basketball, personal training, weight loss and nutrition initiatives, spa, medi-spa and chiropractic services. Life Time program offerings may vary by location. Effective August 28, 2012, MGC Diagnostics Corporation sold the assets of its New Leaf business to the Company.
The Company's offerings also include the Company's line of nutritional products and supplements, and its magazine, Experience Life. The Company also has an Athletic Events division, which offers more than 100 events each year, including running, cycling and triathlon events from entry-level to ultra-endurance. Additionally, the Company offers a portfolio of health assessments to its members at its centers, as well as employees at corporate clients, along with partnerships with health insurance companies. The Company offers different types of membership plans for individuals, couples and families. The Company's memberships include the primary member's children under the age of 12 at a modest per child monthly cost. The Company provides the majority of its members with a variety of services with their membership, including group fitness classes and fitness asse! ssments, towel and locker service and an online subscription to its magazine, Experience Life. The Company's membership plans include initial 14-day money back guarantees and are month-to-month, cancelable by giving up to 60 days advance notice. The Company's ancillary businesses include media, athletic events and related services, health promotion programs and training and certification programs.
The Company offers one-on-one sessions and small group sessions for individual member and a group of two to four members. The Company offers large group (typically eight to 12 members) programs under its T.E.A.M. platform. The Company's T.E.A.M. Weight Loss program focuses on exercise, education and nutrition and provides the resources and support toward long-term weight loss. The T.E.A.M. Fitness program combines cardio exercise with strength training. The Company's endurance program focuses on training in the proper heart rate zones, for the proper duration of time and at the proper frequency to burn fat more efficiently while improving overall health and fitness. The Company's T.E.A.M. Boot Camp enables members to test their strength, agility and stamina. From time to time, the Company also offers other weight loss and nutrition programs, such as the Life Time 90-Day Weight Loss Challenge, as an opportunity for members to receive education, training and motivation. The Company's centers offer fitness programs, including group fitness classes and health and fitness training seminars on subjects ranging from metabolism to personal nutrition. On average, the Company offers 85 group fitness classes per week at each current model center, including studio cycling, step workout, dance classes, circuit training and fitness yoga classes.
The Company's large format centers feature a Life Cafe, which offers fresh and healthy made-to-order and pre-prepared breakfast, lunch and dinner items, including sandwiches, salads, snacks, shakes and more. The Company's Life Cafes offer customers the cho! ice of di! ning indoors, ordering their meals and snacks to go or, in each of the Company's model centers and certain of its other large format centers, dining outdoors at the poolside bistro. Life Cafes also typically offer the Life Time line of nutritional products and supplements, third-party nutritional products, exercise accessories and personal care products. The Company's LifeSpa is a salon and spa. Each in-center LifeSpa offers hair, body, skin care and massage therapy services, customized to each client's individual needs. The Company also offers medi-spa services in select locations. LifeClinic Chiropractic services are provided by licensed chiropractors. LifeClinic Chiropractic offers non-invasive form of soft tissue and joint treatment. The Company's centers offer on-site child centers for children from three months through 11 years of age as part of a monthly fee per child. All of the Company's large format centers offer a variety of additional programs for children, which may include birthday parties, school break camps, parents' night out, sports and fitness classes and swimming lessons. For adults, the Company offers a variety of sports leagues and interest-driven clubs.
During the year ended December 31, 2012, the Company produced over 100 events, serving over 90,000 participants. The Company's events range from entry level to ultra endurance events and draw from local, regional, national and international markets. The Company's larger events include triathlons such as the Life Time Tri Minneapolis and Life Time Tri Chicago, as well as the iconic Leadville Trail 100 Mountain Bike Race Across the Sky. The Company produces events primarily in markets in which the Company operates centers, including themed runs such as the Torchlight 5K Run and Turkey Day 5K. The Company offers a line of nutritional products, including Men's and Women 's Performance Multivitamins, Omega-3 Fish oils, Joint Maintenance Formulation, LeanSource Soft Gels, VeganMax, Whey Protein, and FastFuel Complete, its me! al replac! ement product.
The Company competes with 4 Hour Fitness Worldwide, Inc., Equinox Holdings, Inc., LA Fitness International, LLC, Town Sports International, Inc. and Gold's Gym.
Advisors' Opinion:- [By John Udovich]
On Thursday, small cap fitness club owner Life Time Fitness, Inc (NYSE: LTM) lost some weight for investors as analysts gave the stock a workout after its Analyst Day failed to ease their concerns, meanings its worth taking a closer look at the stock along with the performance of Town Sports International Holdings, Inc (NASDAQ: CLUB)�and Steiner Leisure Ltd (NASDAQ: STNR).
- [By Will Ashworth]
Activist investor Mick McGuire reported last week that his firm, Marcato Capital, acquired 7.2% of Life Time Fitness (LTM), the Minneapolis-based operator of 110 super-sized fitness centers nationwide. Although LTM stock is up 13% year-to-date through May 28, McGuire believes its stock price can do a lot more.
- [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 Life Time Fitness (NYSE: LTM ) , whose recent revenue and earnings are plotted below.
Top 5 Life Sciences Companies To Own For 2014: Chiquita Brands International Inc. (CQB)
Chiquita Brands International, Inc., together with its subsidiaries, engages in the distribution and marketing of bananas and fresh produce under the Chiquita and other brand names worldwide. The company operates in three segments: Bananas, Salads and Healthy Snacks, and Other Produce. The Banana segment sources, transports, markets, and distributes bananas to retailers and wholesalers, and chain stores. It also engages in the cultivation and production of bananas. The Salads and Healthy Snacks segment offers value-added salads under the Fresh Express and other labels; and fresh vegetable and fruit ingredients used in foodservice, healthy snacks, and processed fruit ingredient products. This segment also provides fresh-cut products, such as lettuce, tomatoes, spinach, cabbage, and onions to foodservice distributors who resell these products to foodservice operators. It distributes Fresh Express branded products to food retailers, foodservice distributors, and quick-service restaurants; and fresh produce foodservice offerings primarily to third-party distributors for resale principally to quick-service restaurants in the United States. The Other Produce segment engages in sourcing, marketing, and distributing fresh fruits and vegetables other than bananas in Europe and North America. It offers grapes, pineapples, melons, kiwis, tomatoes, and avocados. The company was founded in 1899 and is headquartered in Cincinnati, Ohio.
Advisors' Opinion:- [By Anders Bylund]
That's why Chiquita Brands International (NYSE: CQB ) wants to move to Ireland. The fruits and vegetables distributor currently labors under a 41% effective tax rate, so it could use the Emerald Isle's lower base tax.
- [By Rich Smith]
Charlotte, N.C.-based Chiquita Brands (NYSE: CQB ) will soon have a new chief financial officer -- and a new chief operating officer, too. Sort of.
Top 5 Life Sciences Companies To Own For 2014: Fossil Inc.(FOSL)
Fossil, Inc. designs, develops, markets, and distributes fashion accessories worldwide. It offers a line of fashion watches under its proprietary brands, such as FOSSIL, MICHELE, RELIC, and ZODIAC; and through licensed brands, including ADIDAS, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, MARC BY MARC JACOBS, and MICHAEL KORS. The company designs, markets, and arranges for the manufacture of watches and accessories on behalf of certain mass market retailers, companies, and organizations as private label products or as premium and incentive items for use in various corporate events. It also provides various fashion accessories for men and women, including handbags, belts, small leather goods, jewelry, and sunglasses through company owned retail stores, department stores, and specialty retail stores, as well as over the Internet and through catalogs. In addition, the company sells a line of soft accessories, such as hats, gloves, and scarves, as well as a handbag collection. Furt her, it offers apparel comprising jeans, outerwear, fashion tops and bottoms, and tee shirts for men and women through company-owned stores, as well as over the Internet and through catalogs. Additionally, the company provides footwear products, including sport court sneakers, authentic casuals, dress classics, and boots for men, as well as fashionable flats, heels, wedges, and boots for women. Fossil, Inc., through a license agreement with the Safilo Group, manufactures, markets, and sells optical frames under the FOSSIL and RELIC brand names in the United States and Canada. As of August 9, 2011, it had approximately 360 company-owned and operated retail stores. The company was founded in 1984 and is headquartered in Richardson, Texas.
Advisors' Opinion:- [By Jeremy Bowman]
Falling back after hours today was watchmaker�Fossil� (NASDAQ: FOSL ) , which dropped 5% after posting underwhelming guidance in its quarterly report. First-quarter results were better than expected for the fashion-accessory brand, as earnings came in at $1.22 per share, above estimates at $1.17, and revenue grew 14.1%, in part because of an extra week in the calendar, to $777 million, beating the consensus at $770.69 million. Sales grew across the board in the company's wholesale segment, and were particularly strong in the Asia-Pacific region and in jewelry sales. CEO Kosta Kartsotis noted progress in the company's international expansion, with "significant increases in both Europe and Asia." Shares dipped, however, as management saw current-quarter EPS of just $0.90-$0.97 against estimates of $1.16. The sell-off seems overdone, however, as the company's full-year earnings guidance of $6.90-$7.30 was in range of estimates of $7.20. With multiple growth channels and a consistent record of beating earnings estimates, Fossil still looks like a solid long-term bet going forward.
Top 5 Life Sciences Companies To Own For 2014: Neuralstem Inc (CUR)
Neuralstem, Inc., incorporated in 1997, is a development-stage company focused on the development and commercialization of treatments for central nervous system disease based on transplanting human neural stems cells and the use of small molecule drugs. The Company has developed and maintains a portfolio of patents and patent applications that form base for its research and development efforts in the area of neural stem cell research. The Company's focus is the development of methods to generate replacement cells from neural stem cells.
In October of 2011, the Company announced that after reviewing safety data from the first 12 patients, the FDA granted approval for the trial to advance to transplanting patients in the cervical (upper back) region for the last six patients in the trial. As of December 31, 2011, the Company had treated 14 patients. In February of 2011, the Company commenced a Phase Ia clinical trial of its drug compound, NSI-189, which is being developed for the treatment of depressive disorder and other psychiatric indications. In October of 2011, the Company completed the Phase Ia portion of the trial. In December of 2011, the Company received approval from the FDA to commence the Phase Ib portion of the trial.
During the year ended December 31, 2011, the Company was selected as the primary subcontractor for the United States Department of Defense (DOD) contract to develop human neural stem cell technology for the treatment of cancerous brain tumors. The Company commenced work on the project in May 2011. The Company has developed and patented a series of small molecule compounds (low molecular weights organic compounds which can efficiently cross the blood/brain barrier).
Advisors' Opinion:- [By John Udovich]
The results of a recent Pew Center Poll regarding attitudes towards abortion and various forms of stem cell research could be a good sign for the stem cell industry along with small cap stem cell stocks like StemCells Inc (NASDAQ: STEM), NeoStem Inc (NASDAQ: NBS), Neuralstem, Inc (NYSEMKT: CUR),�International Stem Cell Corp (OTCMKTS: ISCO) and BioRestorative Therapies (OTCBB: BRTX). Basically, Americans think that having an abortion is a moral issue with 49% of American adults believing abortion is morally wrong, 23%�view it not as a moral issue and and 15% view it as morally acceptable. However and when Americans were asked about issues surrounding�human embryos, such as stem cell research or in vitro fertilization, as a matter of morality, their views were different.
- [By James E. Brumley]
When an investor thinks of spinal-related stem cell stocks, usually a name like Neuralstem, Inc (NYSEMKT: CUR) or StemCells Inc (NASDAQ: STEM) comes to mind. And well they should. STEM has logged some amazing breakthroughs in the field of spinal cord repair, while CUR has done the same. Not all back problems are spinal cord related though. In fact, most back problems - and therefore the most opportunity - are bone and disc related problems. That's where a young gun like BioRestorative Therapies (OTCBB: BRTX) can step in and make stem cell waves. BRTX has developed an approach to rejuvenate and revive failing spinal discs, potentially ending pain for millions of back-pain sufferers, and circumventing expensive spinal surgeries that are in increasing burden on insurance companies.
