Three Building Products stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
Hot Dividend Stocks To Own Right Now: Extra Space Storage Inc (EXR)
Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. As of December 31, 2006, Extra Space Storage owned interests in 567 properties located in 32 states and Washington, D.C., as well as managed 74 properties owned by franchisees or third parties. As a REIT, the company would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1977 and is based in Salt Lake City, Utah.
Advisors' Opinion:- [By Dividends4Life]
Below are several companies confident and secure enough in their business to increase their cash dividends:Deere & Company (DE) manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. May 28, the company increased its quarterly dividend 17.6% to $0.60 per share. The dividend is payable Aug. 1, 2014 to stockholders of record on June 30, 2014. The yield based on the new payout is 2.6%.Questar Corporation (STR) operates as an integrated natural gas company in the United States. May 23, the company increased its quarterly dividend 5.6% to $0.19 per share. The dividend is payable June 23, 2014 to stockholders of record on June 6, 2014. The yield based on the new payout is 3.2%.Extra Space Storage Inc. (EXR) operates as a real estate investment trust (REIT) in the United States. May 23, the company increased its quarterly dividend 17.5% to $0.47 per share. The dividend is payable June 30, 2014 to stockholders of record on June 13, 2014. The yield based on the new payout is 3.6%.The Williams Companies Inc. (WMB) operates as an energy infrastructure company. May 22, the company increased its quarterly dividend 6.7% to $0.xx per share. The dividend is payable June 30, 2014 to stockholders of record on June 13, 2014. The yield based on the new payout is 3.6%. Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.Full Disclosure: No position in the aforementioned securities. See a list of all my dividend growth holdings here.Related Posts - 6 Healthcare Stocks With Growing Dividends Yielding In Excess of 2% - Why We Are Dividend Growth Investors - 6 Dividend Growth Stocks With Very Little Debt - What Determines A Divid
Top Building Product Stocks To Own Right Now: Unisys Corporation (UIS)
Unisys Corporation provides information technology (IT) services, software, and technology that solve mission-critical problems for clients worldwide. It operates in two segments, Services and Technology. The Services segment provides outsourcing services, including management of customers� data centers, computer servers, and end-user computing environments, as well as specific business processes; systems integration and consulting services, such as assessing the security and cost effectiveness of clients� IT systems and enabling them to design, integrate, and modernize mission-critical applications; infrastructure services consisting of design, warranty, and support services for its customers� IT infrastructure, such as networks, desktops, servers, and mobile and wireless devices; and maintenance services. The Technology segment designs and develops servers and related products consisting of enterprise-class servers, which comprise the ClearPath family of servers and t he ES7000 family of Intel-based servers, as well as operating system software and middleware; and provides data center, infrastructure management, and cloud computing offerings for clients to virtualize and automate their data-center environments. The company serves public sector; financial services; and other commercial markets comprising communications and transportation. Unisys Corporation markets its products and services primarily through direct sales force, as well as through distributors and alliance partners. Unisys Corporation was founded in 1886 and is headquartered in Blue Bell, Pennsylvania.
Advisors' Opinion:- [By Alex Planes]
Originally built by Eckert and Mauchly under their own brand, UNIVAC proved so costly and time-consuming to develop that the duo sold their business to Remington-Rand -- which still operates in the computing industry today as Unisys (NYSE: UIS ) -- before completing the project. UNIVAC was designed from the ground up for business use rather than scientific calculation, and represented the first real digital threat to IBM's (NYSE: IBM ) punched-card tabulators, which had been the Census Bureau's preferred number-crunching tools for decades. However, their astronomically high cost -- $750,000 for the eight-ton machine and another $185,000 for the high-speed printer -- kept UNIVAC from becoming a big-business hit, even after it nailed the results of President Dwight Eisenhower's landslide 1952 election victory with only 1% of the vote recorded. That wasn't for lack of trying on Remington Rand's part:
- [By Jake L'Ecuyer]
Unisys (NYSE: UIS) shares tumbled 11.86 percent to $25.50 on Q1 results. Unisys reported a quarterly loss of $0.74 per share on revenue of $762.0 million.
- [By Dan Caplinger]
Finally, outside the Dow, Unisys (NYSE: UIS ) saw its shares lose nearly a quarter of their value after announcing a substantial loss. Although much of the hit to earnings came from Venezuela's recent devaluation of its currency and additional pension expense, weakness in its systems-integration and technology divisions led to a big drop in revenue. As much larger competitors start to concentrate more on IT services, Unisys will struggle to find a niche it can rely on to reawaken its growth prospects.
- [By Rich Duprey]
Holders of�Unisys' (NYSE: UIS ) Series A�6.25% mandatory convertible preferred stock will receive a dividend of�$1.5625�per share. The dividend is payable on June 1 to shareholders of record at the close of business on May 15, the company announced this week.
Top Building Product Stocks To Own Right Now: Ares Capital Corp (ARCC)
Ares Capital Corporation (Ares Capital), incorporated on April 16, 2004, is a specialty finance company, which is a closed-end, non-diversified management investment company. The Company�� wholly owned subsidiaries and vehicles managed or sub-managed by its wholly owned portfolio company, Ivy Hill Asset Management, L.P. (IHAM). It is externally managed by its investment adviser, Ares Capital Management LLC (Ares Capital Management or its investment adviser), a wholly owned subsidiary of Ares Management LLC (Ares Management), a global alternative asset manager. Ares Operations LLC (Ares Operations or administrator), its administrator, a wholly owned subsidiary of Ares Management, provides the administrative services. It invests in United States middle-market companies. It invests in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component. It also makes preferred and/or common equity investments.
The Company�� portfolio company, IHAM, manages 10 unconsolidated credit vehicles and sub-manages or sub-advises four other unconsolidated credit vehicles (these vehicles managed or sub-managed/sub-advised by IHAM). It has also made direct investments in securities of certain of these vehicles. Ares Management�� (Ares) finance activities include the origination, acquisition and management of senior loans, bonds, mezzanine debt and special situation investments. Ares' private equity activities focus on providing flexible, junior capital to middle-market companies.
The Company has an investment portfolio of first and second lien loans, mezzanine debt and equity investments in private middle-market companies. The Company and General Electric Capital Corporation and GE Global Sponsor Finance LLC (GE) co-invest through the Senior Secured Loan Fund LLC, which operates using the name Senior Secured Loan Program. As of December 31, 2011, the Senior Secured Loan Program (SSLP) consisted of a portfolio of loans to 32 different borrowers and th! e portfolio companies in the SSLP are in industries similar to the companies in Ares Capital's portfolio. It also makes preferred and/or common equity investments. It makes senior secured loans in the form of first and/or second lien loans. Its first and second lien loans have terms of three to 10 years. The list of the industries, in which it has invested include aerospace and defense, business services, consumer products, containers and packaging, education, energy, environmental services, financial services, food and beverage, healthcare services, investment funds and vehicles, manufacturing, restaurant and food services, retail, and telecommunications. It has made investments in its portfolio company, IHAM, which manages 10 unconsolidated credit vehicles: Ivy Hill Middle Market Credit Fund, Ltd. (Ivy Hill I), Ivy Hill Middle Market Credit Fund II, Ltd. (Ivy Hill II), Ivy Hill Middle Market Credit Fund III, Ltd. (Ivy Hill III), Ivy Hill Senior Debt Fund, L.P. and related vehicles (Ivy Hill SDF and, together with Ivy Hill I, Ivy Hill II and Ivy Hill III, the Ivy Hill Funds); Knightsbridge CLO 2007-1 Limited, Emporia Preferred Funding I, Ltd., Emporia Preferred Funding II, Ltd. and Emporia Preferred Funding III, Ltd. (collectively, the Emporia Funds), and Ares Private Debt Strategies Fund II, L.P. and Ares Private Debt Strategies Fund III, L.P. (collectively, the PDS Funds). In addition, IHAM serves as the sub-adviser/sub-manager for four others: CoLTS 2005-1 Ltd., CoLTS 2005-2 Ltd. and CoLTS 2007-1 Ltd. (collectively, the CoLTS Funds), and FirstLight Funding I, Ltd. (FirstLight).
Advisors' Opinion:- [By Jon C. Ogg]
Ares Capital Corp. (NASDAQ: ARCC) was started as Buy with a $19 price target at Sterne Agee.
Cabot Oil & Gas Corp. (NYSE: COG) was started as Buy with a $45 price target at Canaccord Genuity.
- [By Roger Nusbaum]
ETRACS reports the yield of the underlying index to be 7.71%, which after accounting for the 0.84% "annual tracking rate" could put the fund's yield at 6.87%. DVHI will pay monthly, but the rate paid could vary. It is important to remember that with all exchange-traded products, any future yield could be more or less than what is now indicated. The individual holdings in DVHI are a combination of individual issues and exchange-traded funds. Two of the segments owned by the fund are captured with just one ETF. The PowerShares Emerging Markets Sovereign Debt Portfolio (PCY) is the sole holding for emerging-market debt. For high-yield debt, DVHI goes with iShares iBoxx High Yield Corporate Bond ETF (HYG). The two largest individual holdings in the fund are Ares Capital (ARCC), a business development company, and Energy Transfer Partners (ETP), an MLP. The composition of the fund should make it clear that the two priorities under the hood are diversification and yield. That should appeal to many investors. The fund, however, is exposed to a lot of interest rate risk. Earlier this week, markets were granted a reprieve when the Federal Reserve's Open Markets Committee announced that it wouldn't begin to reduce its bond-buying program. [Read: 5 Safest Cities in America] In late May, the committee indicated that it could reduce purchases later in the year, and as the story developed, markets participants came to believe that September was the month that a change in policy would be announced. So we know that purchases will continue as is for now, and we also know that at some point, the Fed will reduce its monthly purchases. What we don't know is when.
- [By Ron Rowland]
The underlying index has 138 constituents, with the largest allocations going to PowerShares Emerging Markets Sovereign Debt (PCY) 10.0%, iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 9.9%, iShares US Preferred Stock ETF (PFF) 7.0%, Market Vectors High Yield Municipal Index ETF (HYD) 4.9%, Ares Capital (ARCC) 4.2%, and Energy Transfer Partners LP (ETP) 4.0%.
Top Building Product Stocks To Own Right Now: Alto Palermo S.A.(APSA)
Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires. The company offers leases to retail tenants in its ten shopping centers; administration and maintenance of common areas; administration of contributions made by tenants to finance promotional efforts for the shopping centers; and parking lot services for visitors. The company also offers credit card consumer finance service, through the issuance of its Tarjeta Shopping and Tarjeta Shopping Metroshop credit cards, for consumers at shopping centers, h ypermarkets, and street stores. It also engages in the development and sale of residential properties, and acquisition and sale of undeveloped parcels of land for future development. In addition, it engages in the development of condominiums associated with its shopping centers. The company was founded in 1889 and is headquartered in Buenos Aires, Argentina.
Advisors' Opinion:- [By Jake L'Ecuyer]
Top losers in the sector included Alto Palermo SA (NASDAQ: APSA), off 5.5 percent, and Piper Jaffray Companies (NYSE: PJC), down 3.5 percent.
Top Headline
J.P. Morgan Chase & Co (NYSE: JPM) reported a 19% drop in its first-quarter profit. J.P. Morgan's quarterly profit declined to $5.3 billion, or $1.28 per share, versus a year-ago profit of $6.53 billion, or $1.59 per share. Its revenue slipped 8% to $22.99 billion versus $25.12 billion. J.P. Morgan's investment banking net income dropped 15%. However, analysts were estimating earnings of $1.39 per share on revenue of $24.43 billion.
Top Building Product Stocks To Own Right Now: Prudential Financial Inc.(PRU)
Prudential Financial, Inc., through its subsidiaries, offers various financial products and services in the United States, Asia, Europe, and Latin America. The company operates through three divisions: The U.S. Retirement Solutions and Investment Management, The U.S. Individual Life and Group Insurance, and The International Insurance and Investments. The U.S. Retirement Solutions and Investment Management division provides individual variable and fixed annuity products, as well as offers retirement investment and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors. This division also provides investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division offers individual variable life, term life, and universal life insurance products; and group life, long-term and short-term group disability, long-term care, and group corporate-, bank-and trus t-owned life insurance products to institutional clients. This division also sells accidental death and dismemberment, and other ancillary coverages, as well as provides plan administrative services; and offers preferred provider and indemnity dental coverage plans to clients. The International Insurance and Investments division provides international individual life insurance products in Japan, Korea, and other foreign countries; and offers proprietary and non-proprietary asset management, investment advice, and services to retail and institutional clients internationally. In addition, the company engages in real estate brokerage franchise business, which involves marketing its franchises to the real estate companies. Further, it provides institutional clients and government agencies with various services in connection with the relocation of their employees. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.
Advisors' Opinion:- [By Dan Caplinger]
Many of the problems MetLife and its peers have faced recently stem from products beyond vanilla life-insurance policies. A Moody's report last month discussed how MetLife, along with rivals Hartford Financial (NYSE: HIG ) and Prudential (NYSE: PRU ) , failed to protect against all the risks involved in the variable-annuity products they offered customers. By assuming that more customers would drop their annuities than actually did, MetLife and its peers have had greater-than-expected guarantee obligations under the annuities.
Top Building Product Stocks To Own Right Now: Wasgau Produktions & Handels AG (MSH)
Wasgau Produktions & Handels AG is a Germany-based retailer and producer of food articles. The Company divides its business activities into the two main segments Wholesale and Retail. The Wholesale�� businesses include seven Cash and Carry markets for restaurateurs and wholesale customers, as well as commercial businesses of the holding company WASGAU Produktions & Handels AG, which are supported by its subsidiary WASGAU Dienstleistungs & Logistik GmbH, active within warehouse management and transportation. The Operations within the Retail segment are mainly carried out through Company�� subsidiaries WASGAU Metzgerei GmbH and WASGAU Baeckerei & Konditorei GmbH, which produce and supply its stores with a variety of meats and bakery products, respectively. As of December 31, 2011, the Company operated through 24 affiliated companies and subsidiaries located in Germany. Advisors' Opinion:- [By Benjamin Pimentel]
The Nasdaq Composite Index (COMP) �fell 0.4% to close at 4,052. The Morgan Stanley High Tech 35 Index (MSH) �and the Philadelphia Semiconductor Index (SOX) �each gained a fraction.
- [By Dan Gallagher]
The Nasdaq Composite Index (COMP) �rose 1.3% to close at 3,914 while the Morgan Stanley High-Tech Index (MSH) �gained 1.5% and the Philadelphia Semiconductor Index (SOX) � was up 0.3%.
- [By Benjamin Pimentel]
The Nasdaq Composite Index (COMP) �gained 6 points, or 0.1%, to close at 4,358. The Morgan Stanley High Tech 35 Index (MSH) �and the Philadelphia Semiconductor Index (SOX) �were each up a fraction.
- [By Rex Crum]
The Nasdaq Composite Index (COMP) �fell by 18 points to close at 4,113, while the Philadelphia Semiconductor Index (SOX) �and the Morgan Stanley High Tech 35 Index (MSH) �were also in the red.
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