Best Medical Companies To Own For 2014

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of medical device maker Accuray (NASDAQ: ARAY  ) jumped as much as 13% after the company reported its third-quarter earnings results.

So what: For the quarter, the maker of the CyberKnife image-guided robotic surgery system for solid tumor removal reported revenue of $70.6 million, compared to $101.6 million in the year-ago period, and a loss per share of $0.37. Both figures fell well short of the Street’s expectations for revenue of $77 million and an EPS loss of $0.22. In addition, Accuray slightly lowered its full-year sales guidance to a range of $310 million to $318 million from the $320 million to $330 million forecast at the end of last quarter.

Best Medical Companies To Own For 2014: Regal Beloit Corporation(RBC)

Regal Beloit Corporation, together with its subsidiaries, manufactures and sells electric motors and controls, electric generators and controls, and mechanical motion control products primarily in the United States and Asia. The company operates in two segments, Electrical and Mechanical. The Electrical segment manufactures and markets AC and DC commercial, industrial, and commercial refrigeration electric motors and blowers, as well as heating, ventilation, and air conditioning (HVAC) electric motors and blowers. It also provides precision servo motors, electric generators, automatic transfer switches and paralleling switchgear, and control electric power generation equipment; AC and DC variable speed drives and controllers, and other accessories for industrial and commercial applications; and capacitors for use in HVAC systems, high intensity lighting, and other applications. The Mechanical segment manufactures and markets a range of mechanical motion control products, i ncluding worm gears, bevel gears, helical gears, and concentric shaft gearboxes; marine transmissions; after-market automotive transmissions, and ring and pinions; custom gearing; gearmotors; electrical connecting devices; and manual valve actuators, which are used in oil and gas, water distribution and treatment, and chemical processing applications. The company sells its products to original equipment manufacturers, distributors, and end users through its direct sales people and manufacturer?s representative organizations. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.

Best Medical Companies To Own For 2014: Diageo(DGE.L)

Diageo plc engages in producing, distilling, brewing, bottling, packaging, distributing, developing, and marketing spirits, beer, and wine products worldwide. It offers a range of brands, including Johnnie Walker scotch whiskies, Smirnoff vodka and Smirnoff ready to drink products, Baileys Original Irish Cream liqueur, Crown Royal Canadian whisky, Captain Morgan rum and rum based products, Jose Cuervo tequila, JeB scotch whisky, Buchanan?s scotch whisky, Windsor Premier scotch whisky, Ketel One vodka, Ciroc vodka, Tanqueray gin, Bushmills Irish whiskey, and Guinness stout. The company also provides other spirits brands that comprise Gordon?s gin and vodka, Old Parr scotch whisky, Bell?s scotch whisky, The Classic Malts scotch whiskies, Seagram?s 7 Crown whiskey and Seagram?s VO whisky, Cacique rum, White Horse scotch whisky, Don Julio tequila, and Bundaberg rum. In addition, it offers beer under various brands, such as Malta Guinness non-alcoholic malt, Harp lager, Tu sker lager, Smithwick?s ale, Senator lager, and Red Stripe lager; and wine under a range of brands, including Blossom Hill, Sterling Vineyards, Beaulieu Vineyard, Navarro Correas, Acacia Vineyard, Rosenblum Cellars, Piat d?Or, Chalone Vineyard, and Santa Rita. Further, Diageo plc owns the distribution rights for the Jose Cuervo tequila brands in North America and internationally. The company was founded in 1886 and is based in London, the United Kingdom.

Top 5 Growth Companies To Buy Right Now: Churchill Downs Incorporated (CHDN)

Churchill Downs Incorporated owns and operates pari-mutuel wagering properties and businesses in the United States. It offers gaming products through its slot and video poker operations in Louisiana and Florida. The company manages operations through Churchill Downs Racetrack, a thoroughbred racing operation in Louisville, Kentucky; Arlington Park Racecourse, a thoroughbred racing in Arlington Heights with 10 off-track betting (OTB) facilities in Illinois; Calder Race Course, a thoroughbred racing in Miami Gardens, Florida; Fair Grounds Race Course, a thoroughbred racing in New Orleans with 11 OTBs and a slot facility with approximately 600 slot machines and 3 restaurants in Louisiana; and Video Services, Inc., the owner and operator of approximately 800 video poker machines in Louisiana. Churchill Downs Incorporated also owns interests in Churchill Downs Simulcast Productions, LLC, which provides television production and integration of computer graphic software to the ra cing industry; and HRTV, LLC, a horseracing television channel. In addition, it operates online business through TwinSpires, an advance deposit wagering business; and Bloodstock Research Information Services, a data service provider for the equine industry. The company was founded in 1928 and is based in Louisville, Kentucky.