Shares of Bank of America (NYSE: BAC ) are surging today following a drop in mortgage rates and a better-than-expected June jobs report. With two hours left in the trading session, the nation's second largest bank by assets is up by 1.48%, narrowly underperforming the broader sector's KBW Bank Index (DJINDICES: ^BKX ) , which is higher by 1.94%.
The recent talk in the market has pivoted around one thing: the Federal Reserve. At the end of May, Fed chairman Ben Bernanke intimated that the central bank could soon begin to reduce its support for the economy, which currently consists of $85 billion in bond purchases a month. The consequences would be higher long-term interest rates, lower bond prices, and presumably depressed stock prices as well, given that investors seeking yield would flood back into fixed-income securities.
Top 10 Performing Companies To Invest In Right Now: DTS Inc.(DTSI)
DTS, Inc. provides audio technologies that are incorporated into various consumer electronics devices worldwide. Its audio technologies enable the delivery and playback of clear and compelling high-definition audio. The company?s technologies are used in various product applications, including audio/video receivers, soundbars, Blu-ray disc players, DVD based products, personal computers, car audio products, video game consoles, network capable televisions, digital media players, set-top-boxes, mobile phones, tablets and home theater systems. It also offers products and services to motion picture studios, radio and television broadcasters, game developers, and other content creators to facilitate the inclusion of compelling and realistic DTS-encoded soundtracks in their content. In addition, the company provides a suite of audio processing technologies to enhance the entertainment experience in televisions, personal computers (PC), and mobile electronics. It serves home au dio/video, automotive, PC, broadcast, mobile electronics, professional content, and other consumer electronics markets. The company was formerly known as Digital Theater Systems, Inc. and changed its name to DTS, Inc. in May 2005. DTS, Inc. was founded in 1990 and is headquartered in Calabasas, California.
Top 10 Performing Companies To Invest In Right Now: Singapore Airlines Ltd 200 (C6U.SI)
Singapore Airlines Limited provides passenger and cargo air transportation services. It also provides engineering services, air charters, and tour wholesaling and related services, as well as engages in the training of pilots. In addition, the company offers aircraft maintenance services, including technical and non-technical handling at the airport; component overhaul services; repair and overhaul of hydro-mechanical equipment; and aviation insurance and pilot recruitment services. Further, it manufactures aircraft cabin equipment and refurbishes aircraft galleys; provides and markets cargo community systems; markets and supports portal services for the air cargo industry; and markets abacus computer reservations systems. As of March 31, 2012, the company�s fleet consisted of 133 aircraft, including 120 passenger aircraft and 13 freighters. It operates in east Asia, Europe, south west Pacific, Americas, west Asia, and Africa. The company was founded in 1947 and is based in Singapore.
Top Telecom Companies To Watch For 2014: Telular Corporation(WRLS)
Telular Corporation designs, develops, and distributes products and services that utilize wireless networks to provide data and voice connectivity among people and machines primarily in the United States and internationally. It provides machine-to-machine and event monitoring services, including Telguard that comprises a specialized terminal unit, which interfaces with commercial security control panels and communicates with event processing servers to provide real-time transport of alarm signals from residential and commercial locations to an alarm company?s central monitoring station; and TankLink solution that combines a cellular communicator, wireless data services, and a Web-based application into a single offering, which allows end-users to monitor the product level in a given tank vessel. The company also offers fixed cellular terminals for voice, fax, and Internet access over the wireless networks. It sells its products to security equipment distributors, cellular carriers, and value added resellers. The company was founded in 1986 and is headquartered in Chicago, Illinois.
Advisors' Opinion:- [By Arohan]
Telular provides wireless connectivity solutions to home alarm and industrial segments for monitoring, security and data applications. The $89 million market value company currently can be bought at 2.42 PE ratio and offers a 6.8% dividend yield. The company reported a revenue growth of 16.6% in the latest quarter and is expected to grow earnings 16.7% this year and 43% the next. The company does not have analyst following so a deeper due diligence is advised.
Top 10 Performing Companies To Invest In Right Now: Halfords Group Ord 1p(HFD.L)
Halfords Group plc engages in retailing automotive, leisure, and cycling products. It offers car maintenance products, including car parts, servicing consumables, workshop tools, and body repair equipment; and car enhancement comprising in-car entertainment systems, cleaning products, accessories, interior and exterior car styling products, navigation systems, and alloy wheels. The company also sells new cycles; cycle accessories, such as lights, locks, and cycle safety helmets; car travel equipment, which include roof boxes and cycle carriers; travel accessories that comprise batteries, safety equipment, and child car seats; and outdoor leisure equipment. It sells its products through operating 473 stores in the United Kingdom and the Republic of Ireland, as well as through its halfords.com and halfords.ie Web sites; and provides car servicing and repairs through its 240 car servicing centers in the United Kingdom. The company was founded in 1892 and is headquartered in R edditch, the United Kingdom.
Top 10 Performing Companies To Invest In Right Now: Hongkong Land Holdings Limited (H78.SI)
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, management, and development of real estate properties in greater China and southeast Asia. The company owns and manages approximately 5 million square feet of office and retail space in Central business district, Hong Kong. It also owns commercial investment property in Singapore, Thailand, Vietnam, Cambodia, Indonesia, and Macau. In addition, the company holds residential development property for sale in Hong Kong, Mainland China, and Macau; and under development properties in Singapore and Mainland China. Further, it is involved in the hotel investment and property consultancy activities. The company was founded in 1889 and is headquartered in Central, Hong Kong. Hongkong Land Holdings Limited is a subsidiary of Jardine Strategic Holdings Limited.
Top 10 Performing Companies To Invest In Right Now: Investors Bancorp Inc.(ISBC)
Investors Bancorp, Inc. operates as the holding company for Investors Savings Bank that provides a range of banking services in the United States. The company accepts deposits and originates loans. Its deposit products include savings accounts, checking accounts, money market accounts, and certificates of deposit. The company offers commercial real estate, construction, multi-family, and commercial and industrial loans; and consumer loans, including home equity loans and home equity lines of credit, as well as mortgage loans secured by one-to four-family residential real estate. As of December 31, 2010, it operated 82 full-service branch offices located in Essex, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Union, and Warren Counties, New Jersey; Nassau and Queens, New York; and Massachusetts. The company was founded in 1926 and is headquartered in Short Hills, New Jersey. Investors Bancorp, Inc. is a subsidiary of Investors Bancorp, MHC.
Top 10 Performing Companies To Invest In Right Now: Changfeng Energy Inc (CFY.V)
Changfeng Energy Inc. operates as a natural gas utility in the People's Republic of China. It designs, constructs, owns, and operates natural gas pipeline network for residential, commercial, and industrial customers in Sanya City, Hainan province, as well as in Xiangdong District, Pingxiang City, Jiangxi Province. The company has 30 years concession rights and 50 years operation rights to operate the natural gas distribution business. Its distribution network consists of 38 kilometers (km) of high-pressure gas pipelines; 26.6 km of high-to-medium pressure pipeline; approximately 122 km of medium to low pressure gas pipelines; and approximately 600 km of branch/customer pipelines, as well as includes 1 primary station, 2 gate processing stations, and 3 gas pressure regulating stations. The company also operates a compressed natural gas refueling retail station in Changsha City, Hunan Province. Changfeng Energy Inc. was founded in 1995 and is headquartered in Toronto, Canad a.
Top 10 Performing Companies To Invest In Right Now: Jeffersonville Bancorp(JFBC)
Jeffersonville Bancorp operates as the holding company for The First National Bank of Jeffersonville, a national-chartered bank that provides a range of commercial banking services to individuals, businesses, and municipalities. The company accepts various types of deposit products, including demand deposit accounts, interest-bearing transaction accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also offers residential real estate, commercial real estate, commercial business, consumer, and agricultural loans. The company serves customers in the Sullivan County, New York, as well as in some areas of adjacent counties in New York and Pennsylvania. As of December 31, 2010, it operated 11 branch offices in Bloomingburg, Eldred, Liberty, Loch Sheldrake, Monticello, Livingston Manor, Narrowsburg, Callicoon, Wurtsboro, White Lake, and Monticello. The company was founded in 1913 and is headquartered in Jeffersonville, New York.
Top 10 Performing Companies To Invest In Right Now: Poh Tiong Choon Logistics Ltd (P01.SI)
Poh Tiong Choon Logistics Limited, together with its subsidiaries, provides logistics services in Singapore. It offers transportation services for high value, sensitive, and chemical cargoes in conventional, container, bulk, bulk liquid container, and heavy haulage forms through a fleet of refrigerated trucks, tipper trucks, cement tankers, and lorries; and bulk cargo handling and stevedoring services, including loading onto and discharging from vessels various types of cargoes, such as sugar, bulk cement, silica sand, salt, fertilizer, and chemical raw materials. The company also provides warehousing, drumming, and related services consisting of drum filling of chemical products, open and covered warehouse storage, cold room storage, inventory management, and local and international freight management, as well as the storage and distribution of loaded containers; engages in the trade of diesel; and rents industrial property. In addition, it is involved in leasing investme nt properties, as well as in equipment rental business. Further, Poh Tiong Choon Logistics Limited offers terminal management services. The company, formerly known as Poh Tiong Choon Contractors(Pte) Ltd, was founded in 1950 and is based in Singapore.
Top 10 Performing Companies To Invest In Right Now: Redwood Trust Inc.(RWT)
Redwood Trust, Inc., a real estate investment trust, together with its subsidiaries, engages in investing, financing, and managing real estate assets. The company?s investments include residential and commercial real estate loans; and securities backed by residential and commercial loans, including senior and subordinate securities. The senior securities are those interests in a securitization that have the first right to cash flows and are last to absorb losses; and subordinate securities are those interests in a securitization that have the last right to cash flows and are first in line to absorb losses. As of March 31, 2011, it had 77 real estate owned properties primarily in Arizona, California, Colorado, Florida, and Georgia. It would elect to be taxed as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. Red wood Trust, Inc. was founded in 1994 and is based in Mill Valley, California.
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