As the markets opened this morning, they quickly fell in the red, but an unexpected move by Standard & Poor's gave investors confidence to push stocks higher. The credit-rating agency uprgaded the U.S.' debt rating from "AA+ negative" to "AA+ stable." This is a sign that the agency sees less risk ahead for the economy and the U.S. government.�
The news has helped the Dow Jones Industrial Average (DJINDICES: ^DJI ) recover from steeper losses to a minor six-point drop by 12:55 p.m. EDT, while the S&P 500 (SNPINDEX: ^GSPC ) sits at breakeven. And the Nasdaq holds a slight lead, up 0.2%. But even on such a yawn-worthy day of trading, some stocks are lagging the market.
Despite my colleague Dan Caplinger's prediction that Caterpillar (NYSE: CAT ) will announce an increase to its dividend on Wednesday, shares of the Cat are down 0.9% today. The company is also one of the Dow's most hated stocks: Short interest in the company is at 4%, and Sean Williams explained over the weekend why investors don't much care for the stock right now, knocking its price down 6.2% year to date to make it the worst-performing component on the blue-chip index. Sean noted that weak coal and precious-metal prices have really hurt the heavy-equipment manufacturer, but Sean feels Caterpillar is a good bet for the long-term investor, and I must agree with him.�
10 Best Performing Stocks To Buy Right Now: Auramex Resource Corp (AUX.V)
Auramex Resources Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada and Mexico. The company primarily explores for silver, gold, zinc, cobalt, nickel, and copper deposits. It holds interests in the Brandywine property covering approximately 1,500 hectares located in the north of Vancouver, Canada; the Magenta property consisting of approximately 6,000 hectares situated in Sinaloa State, Mexico; and the Bear River property comprising approximately 41,000 hectares located in the Skeena Mining Division near Stewart, British Columbia, Canada. The company is based in North Vancouver, Canada.
10 Best Performing Stocks To Buy Right Now: Okp Holdings Limited (5CF.SI)
OKP Holdings Limited, an investment holding company, operates as an infrastructure and civil engineering company in Singapore. Its Construction segment engages in constructing urban and arterial roads, expressways, flyovers and buildings, vehicular bridges, airports infrastructure, and oil and gas-related infrastructure for petrochemical plants and oil storage terminals. The company�s Maintenance segment provides re-construction work on roads, road reserves, pavements, footpaths and kerbs, guardrails, drains, signboards, bus bays, and shelters. It also engages in property development; and provides technical management and consultancy services, and property rental services. The company was founded in 1966 and is based in Singapore. OKP Holdings Limited is a subsidiary of Or Kim Peow Investments Pte. Ltd.
Best High Tech Stocks To Own For 2014: Knick Explor (KNX.V)
Knick Exploration Inc. engages in the identification and exploration of mineral properties in Canada. The company explores for gold deposits on its properties located in the Val-d�Or, Quebec and West Timmins, Ontario. Its principal project is the East-West property covering 184 hectares in Dubuisson Township, Quebec. The Company is headquartered in Val-d�Or, Canada.
10 Best Performing Stocks To Buy Right Now: Oppenheimer Holdings Inc.(OPY)
Oppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full service broker-dealer. It offers full-service brokerage services covering various investment alternatives, such as exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts. The company also provides financial and wealth planning services; margin lending; securities lending; and online equity investing and discount brokerage services. In addition, it offers asset management services for equity, fixed income, large-cap balanced, and alternative investments offered through vehicles, such as privately managed accounts, and retail and institutional separate accounts. Further, the company provides strategic advisory services and capital markets products; institutional equity sales and trading; equity research; equity options and derivatives; convertible bonds; and event driven sales and trading services. Additionally, it trades in non-investment grade public and private debt securities, mortgage-backed securities, sovereign and corporate debt, and distressed securities; provides fixed income research, public finance, and municipal trading services; and is involved in proprietary trading and investment activities. The company also participates in loan syndications and operates as underwriting agent in financing transactions; trades syndicated corporate loans in the secondary market; offers various trust services; and provides mortgage services to developers of commercial properties. It serves high-net-worth individuals and families, corporate executives, small and mid-sized businesses, endowments and foundations, and institutions in the United States, Europe, the Middle East, Asia, and South America. The company was founded in 1977 and is headquartered in New York, New York.
10 Best Performing Stocks To Buy Right Now: Southern Pacific Resource Corp (STP.TO)
Southern Pacific Resource Corp. engages in the exploration and development of in-situ oil sands properties located in northern Alberta, Canada; and development and production of heavy oil, conventional oil and gas, natural gas, and bitumen in western Canada. The company�s principal properties include 100 % working interests in STP-McKay oil sands leases covering approximately 59 sections or 37,760 acres of oil sands leases located in the Athabasca oil sands in north-eastern Alberta; and STP-Senlac thermal heavy oil asset that includes 3 sections of 100 percent owned lands and approximately 2 net sections of other lands located to the west of Unity, Saskatchewan. It also owns 85% working interests in 377 sections or 241,280 gross acres of oil sands mineral rights outside of the McKay Block in the Athabasca oil sands of Alberta. The company was formerly known as Southern Pacific Development Corp. and changed its name to Southern Pacific Resource Corp. in March 2006. Souther n Pacific Resource Corp. was incorporated in 1953 and is headquartered in Calgary, Canada.
10 Best Performing Stocks To Buy Right Now: Western Asset Global Partners Income Fund Inc. (GDF)
Western Asset Global Partners Income Fund Inc. operates as a close-ended fixed income mutual fund launched and advised by Legg Mason Partners Fund Advisor, LLC. The fund is sub-advised by Western Asset Management Company. It primarily invests in the fixed income markets across the globe. The fund invests in high-yield U.S. and non-U.S. corporate debt securities and high-yield foreign sovereign debt securities. It benchmarks the performance of its portfolio against the Lehman Brothers U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global Index. The fund was formerly known as Salomon Brothers Global Partners Income Fund Inc. Western Asset Global Partners Income Fund was founded in 1993 and is based in the United States.
10 Best Performing Stocks To Buy Right Now: EXFO Inc (EXFO)
EXFO Inc. provides next-generation test and service assurance solutions for wireline and wireless network operators and equipment manufacturers in the global telecommunications industry. It offers field-test platforms, including FTB-1 platform, a single-slot modular platform to fiber-optic, copper, Ethernet, fiber-to-the-home, and multiservice testing applications; FTB-200 compact platform, which include singlemode and multimode optical time-domain reflectometers, automated optical loss test sets, SONET/SDH analyzers up to 10 Gbit/s, and gigabit Ethernet and 10 gigabit Ethernet testers; and FTB-500 platform for datacom testing, OTDR analysis, optical loss, and Ethernet testing. The company also provides wireless test equipment comprising 2G, 3G, and 4G/LTE protocol analyzers that allow engineers to troubleshoot networks in order to find the source of errors and fix them. In addition, it offers wireline/wireless service assurance systems, including Brix System that delivers end-to-end quality of service and experience visibility, as well as real-time Internet protocol service monitoring and verification for next-generation networks. Further, EXFO Inc. provides IQS-600 platform to run various 100 optical test modules using a single controller unit; high-performance test modules; PSO-200 optical modulation analyzer; protocol analyzers for use in protocol analysis to verify correct network behavior; network simulators for regression and load testing applications; and mobile communications intelligence tools for police, armed forces, and other governmental organizations to fight organized crime and terrorists. The company sells its products through its direct sales force, sales representatives, and distributors. EXFO Inc. was founded in 1985 and is headquartered in Quebec, Canada.
10 Best Performing Stocks To Buy Right Now: Blackrock MuniEnhanced Fund Inc. (MEN)
BlackRock MuniEnhanced Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock Investment Management LLC. The fund invests in fixed income markets. It invests primarily in long-term, investment grade municipal obligations. BlackRock MuniEnhanced Fund, Inc. was formed in 1988 and is domiciled in United States.
10 Best Performing Stocks To Buy Right Now: Level 3 Communications Inc.(LVLT)
Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services, as well as managed modem, an outsourced, turn-key infrastructure solution; and colocation services. The company also provides various media services, comprising Vyvx services that provide audio and video feeds over fiber or satellite; content delivery network services; media delivery services to customers seeking to manage, protect, and monetize content delivered over the Internet; a range of local and long distance voice services, such as voice over Internet protocol (VoIP) and traditional circuit-switch based services; and VoIP Enhanced Local, a VoIP service that enables broadband cable operators, IXCs, VoIP providers, and other companies operating their own switching infrastructure to launch IP-based local and long-distance voice services through a broadband connection. Level 3 Communications? media services also consist of SIP Trunking, a VoIP-based local phone service; Local Inbound service that terminates traditional telephone network originated calls to Internet Protocol termination points; Primary Rate Interface, a TDM local phone service that could be configured in various ways; Long Distance services portfolio comprising local and long distance transport and termination services; and Toll Free services portfolio, which terminate toll free calls that are originated on the traditional telephone network. As of December 31, 2010, its network encompassed approximately 68,000 intercity route miles in North America and an intercity network covering approximately 13,000 miles across Europe. Further, it sells coal primarily through long-term contracts with public utilities. The company was founded in 1884 and is headquartered in Broomfield, Colorado.
Advisors' Opinion:- [By Louis Navellier]
The first stock on our list illustrates the kind of amazing gains investors can make in a penny stock in a very short amount of time. Integrated communications service company Level 3 Communications Inc. (NASDAQ: LVLT) has skyrocketed 23% in the past week. And it is up 88% since the start of 2011. The stock continues to break to new 52-week highs, and potential investors should also note the company’s year-over-year quarterly revenue growth of 2% last quarter.
10 Best Performing Stocks To Buy Right Now: Joy Global Inc.(JOYG)
Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction coal, copper, iron ore, oil sands, and other minerals worldwide. The company operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces continuous miners, longwall shearers, powered roof supports, armored face conveyors, shuttle cars, flexible conveyor trains, roof bolters, battery haulers, continuous haulage systems, feeder breakers, conveyor systems, high angle conveyors, and crushing equipment, as well as longwall mining systems consisting of powered roof supports, an armored face conveyor, and a longwall shearer. This segment also rebuilds and services equipment, and sells replacement parts and consumables in support of installed base. The Surface Mining Equipment segment produces electric mining shovels, walking draglines, and rotary blasthole drills for open-pit mining operations. This segment also sells used electric mining shovels; and provides logistics and life cycle management support services, including equipment erections, relocations, inspections, service, repairs, rebuilds, upgrades, used equipment, new and used parts, enhancement kits, and training, as well as offers electric motor rebuilds and other products and services to the non-mining industrial segment. In addition, it offers wheel loaders, as well as jack-up rigs and ancillary equipment for the oil and gas drilling industries. Joy Global Inc. sells its products primarily to global and regional mining companies. The company was founded in 1884 and is headquartered in Milwaukee, Wisconsin.
Advisors' Opinion:- [By Sam Collins]
Joy Global (NASDAQ: JOYG), a manufacturer of surface and underground mining equipment, is expected to increase revenues by 18.5% this year versus a 2% decline in 2010 (October FY). It has an order backlog of $1.8 billion, and S&P expects it to continue to see both higher orders and backlog.?
Ford Research rates JOYG a “strong buy” and S&P’s rates it a “four-star buy” with a target price of $98. The stock has found support on its 50-day moving average since the major breakout at $63 in August. The technical target for JOYG is $100.
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