Best New Companies To Invest In 2014

[ May 16, 2013 | Author: Admin | Weather: | Mood: normal]

NEW YORK (AP) — The price of oil dropped by nearly 3 percent Wednesday following disappointing economic news from the world’s two biggest oil-consuming nations, and U.S. crude supplies grew much more than analysts expected.

Benchmark oil for June delivery was down $2.72, or 2.9 percent, to $90.74 a barrel in morning trading on the New York Mercantile Exchange.

Oil fell initially after data from China showed a slowdown in manufacturing growth. An industry group in China released data Wednesday showing that manufacturing grew at a slower pace in April and export orders had been declining steadily.

“This ongoing trend of slowing Chinese economic growth will translate to some additional downward revisions in global oil demand expectations” when OPEC, the International Energy Agency, and the U.S. Energy Department issue monthly reports next week, said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates, in a note to clients.

Best New Companies To Invest In 2014: Ebix Inc(EBIX)

Ebix, Inc. provides on-demand software and e-commerce solutions to the insurance industry. The company operates data exchanges, which connects multiple entities within the insurance markets and enables the participant to carry and process data from one end to another in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. It is also involved in designing and deploying broker systems comprising three back-end systems consisting of eGlobal for multinational P&C insurance brokers; WinBeat for P&C brokers in the Australian and New Zealand markets; and EbixASP for the P&C insurance brokers in the United States. In addition, the company offers business process outsourcing services, which include certificate origination, certificate tracking, claims adjudication call center, and back office support. Further, it focuses on designing and deploying on-demand and back-end carrier systems, s uch as Ebix Advantage and Ebix Advantageweb targeted at small, medium, and large P&C carriers in the United States and internationally that operate in the personal, commercial, and specialty line areas of insurance. Additionally, Ebix, Inc. provides software development, customization, and consulting services to various companies in the insurance industry, such as carriers, brokers, exchanges, and standard making bodies. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Atlanta, Georgia.

Best New Companies To Invest In 2014: Carter’s Inc.(CRI)

Carter’s, Inc., together with its subsidiaries, designs, sources, and markets branded children?s wear. The company provides products under the Carter?s, Child of Mine, Just One You, Precious Firsts, OshKosh, and related brand names. Its Carter?s brand baby products include bodysuits, pants, undershirts, towels, washcloths, receiving blankets, layette gowns, bibs, caps, and booties; playclothes products consist of knit and woven cotton apparel; sleepwear products comprise pajamas and blanket sleepers; and other products consist of bedding, outerwear, swimwear, shoes, socks, diaper bags, gift sets, toys, and hair accessories. The company also provides playclothes products, including denim apparel products, overalls, woven bottoms, knit tops, and playclothes products for sizes newborn to 12 under the OshKosh brand. In addition, it offers baby, sleepwear, outerwear, shoes, hosiery, and accessories under the OshKosh brand. The company sells its products in department stores, na tional chains, and specialty retailers, as well as through its Carter?s and OshKosh retail stores; and online at carters.com and oshkoshbgosh.com. As of December 31, 2011, it operated 359 Carter?s and 170 OshKosh outlet and brand retail stores in the United States; and 65 retail stores in Canada. The company was founded in 1865 and is headquartered in Atlanta, Georgia.

Advisors’ Opinion:

  • [By Chuck]

    Carter’s, Inc. (CRI) is trading around $29.03. CRI manufactures apparel and is based in Georgia. The 50 day moving average is $28.50 and the 200 day moving average is $27.40. These shares have traded in a range between $22.19 to $34.24 in the last 52 weeks. CRI is estimated to earn about $1.84 per share in 2011 and $2.32 in 2012. You can see the insider buying here.

    Who is buying at Carter’s: A couple of investment funds have been buying millions of dollars worth of shares in Carter’s. This stock is trading above the recent moving averages, so I would wait for pullbacks to around $28 before considering a buy here.

Hot Growth Stocks To Own Right Now: Sonic Automotive Inc.(SAH)

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It engages in the sale of new and used cars, light trucks, and replacement parts; provision of vehicle maintenance, warranty repair, paint, and collision repair services; and arrangement of extended service contracts, financing, insurance, and other aftermarket products. As of December 31, 2011, the company operated 119 dealerships representing 30 brands of cars and light trucks, and 23 collision repair centers in 15 states. The company was founded in 1997 and is based in Charlotte, North Carolina.

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