1. Have an investment objective in place: All individuals have unique sets of needs like providing for children education/marriage, buying a car/house or traveling abroad, among others. Individuals must prioritise their goals and develop portfolios dedicated for achieving the same. Investing in an ad hoc manner could mean that investors fail to achieve their stated objectives. For example, if building a corpus for childrens higher education, then make an investment plan to achieve the same and invest in line with the plan in a disciplined manner.
Define and set clear goals, happy go lucky attitude may not always work for you.
2. Recognise the risk profile and adhere to it: Investors should be clearly aware of their risk profile while making any investment decision. Broadly speaking the ability to take on risk reduces as one ages. Thus, it should be understood that each individual has a unique risk profile and recognising the same should be the first step. For example, two individuals with similar age profiles, but with disparate risk profiles is not an uncommon scenario. Investors need to invest in investment avenues in line with their ability to take on risk. Hence, a risk-taking investor is likely to invest mainly in instruments like equities and equity mutual funds. On the other hand, risk-averse investors should hold a portfolio dominated by assured return instruments like fixed deposits and small savings schemes.
Top Industrial Disributor Companies To Watch In Right Now: Emulex Corp (ELX)
Emulex Corporation (Emulex) is a provider of a range of network convergence solutions that connect servers, storage, and networks within the data center. The Companys product portfolio includes Host Bus Adapters (HBAs), Converged Network Adapters (CNAs), Network Interface Cards (NICs), mezzanine cards for blade servers, Application Specific Integrated Circuits (ASICs), embedded storage bridges, routers, and switches, Input/Output Controllers (IOCs), and connectivity management solutions. The Company is a designer, developer and supplier of HBAs, CNAs, NICs, mezzanine cards, Pass-Through Modules (PTM), embedded storage switches, embedded bridges, embedded routers, I/O ASICs, switch-on-a-chip (SOC) ASICs, Internet Baseboard management controllers (iBMCs) and connectivity management solutions. On August 25, 2010, Emulex acquired ServerEngines Corporation. In February 2013, Emulex acquired 89% ownership of Endace Ltd. In April 2013, Emulex Corp announced the completion o f acquisition of Endace Limited.
Host Server Products
The Companys Host Server Products include the development of chip level and board level server-based I/O adapters, including HBAs, Universal Converged Network Adapters (UCNAs), and mezzanine cards that connect servers and storage to networks using a range of products. Its products support Internet protocol (IP) and storage networking, including transmission control protocol (TCP)/IP, Internet small computer system interface (iSCSI), network attached storage (NAS), Fibre Channel, and Fibre Channel over Ethernet (FCoE). Host Server Products (HSP) include LightPulse HBAs, OneConnecttm UCNAs, custom form factor solutions for original equipment manufacturer (OEM) blade servers, and ASICs. These products enable servers to connect to local area networks (LANs), storage area networks (SANs), and NAS by offloading data communication processing tasks from the server as information is delivered and sent to the network.
Its Fibre Channel H! BAs connect host computers to a Fibre Channel network. The Companys adapters support a range of operating systems and host computer system interfaces, including Peripheral Component Interconnect (PCI) and PCI Express-based platforms. Its Fibre Channel HBA offerings include single, dual, and quad port adapters at throughput speeds of two gigabyte per second, four gigabyte per second, and eight gigabyte per second for use in enterprise, large, medium, and small-sized organizations. The Emulex OneConnect UCNA is a single chip 10 gigabyte per second Ethernet platform designed to address the challenges of data center networks. The Emulex UCNA platform enables data center managers to consolidate multiple one gigabyte per second Ethernet links on to a single 10 gigabyte per second Ethernet link. Emulex HBAs and UCNAs are based upon its internally developed Fibre Channel and Ethernet IOCs. In addition, these IOCs can be used in embedded I/O environments, such as disk and tape sto rage arrays and storage appliances. Revenues from these applications are included in the Companys Embedded Storage Products.
Embedded Storage Products
The Companys Embedded Storage Products include the development of chip level, board level, and box level array based products that are deployed inside storage arrays, tape libraries, and other storage products to provide connectivity and protocol emulation functions. These products include embedded IOCs, I/O Processors (IOPs), SOCs, embedded bridges (FC/SATA/SAS), and embedded routers (FC/SATA/SAS). Emulex offers a range of integrated, embedded storage networking products for enterprise storage systems that deliver improved performance, reliability and storage connectivity. InSpeed is an advanced switching architecture that results in a single chip capable of handling multiple Fibre Channel devices operating at two, four, or eight gigabyte per second speeds. Its embedded router and bridge pro ducts consist of chip and firmware solutions.
! The Compa! ny competes with QLogic Corporation, Brocade Communications Systems, Inc., Broadcom Corporation, Intel Corporation, Chelsio Communications, Inc., Mellanox Technologies, Ltd., LSI, Marvell Technology Group Ltd., Maxim Integrated Products, Inc. and PMC-Sierra, Inc.
- [By Roberto Pedone]
Emulex (ELX) is a provider of a range of network convergence solutions that intelligently connect servers, storage and networks within the data center. This stock closed up 1.6% to $8.14 in Thursday’s trading session.
Thursday’s Range: $8.05-$8.22
52-Week Range: $5.72-$8.99
Thursday’s Volume: 727,000
Three-Month Average Volume: 786,981
From a technical perspective, ELX bounced modestly higher here right above some near-term support at $7.95 with decent upside volume. This stock has been trending sideways inside of a consolidation chart pattern over the last month, with shares moving between 7.50 on the downside and $8.46 on the upside. This modest spike is now starting to push shares of ELX within range of triggering a near-term breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if ELX manages to take out some near-term overhead resistance levels at $8.34 to $8.46 with high volume.
Traders should now look for long-biased trades in ELX as long as it’s trending above some key near-term support levels at $7.95 or $7.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 786,981 shares. If that breakout hits soon, then ELX will set up to re-test or possibly take out its 52-week high at $8.99. Any high-volume move above $8.99 will then give ELX a chance to tag its next major overhead resistance levels at $10 to $11.19.
- [By Eric Volkman]
A top-level promotion has taken place at Emulex (NYSE: ELX ) . The company announced that it has appointed Jeffrey Benck to be its CEO, effective immediately. He replaces James McCluney, who was named executive chairman of the board. In turn, McCluney displaces ex-chairman Paul Folino, who is to continue to serve as a director.
Top Industrial Disributor Companies To Watch In Right Now: Violin Memory Inc (VMEM)
Violin Memory, Inc., incorporated on March 9, 2005, is pioneering a new class of flash-based storage systems that are designed to bring storage performance in-line with high-speed applications, servers and networks. The Companys Flash Memory Arrays are specifically designed at each level of the system architecture starting with memory and optimized through the array to leverage the inherent capabilities of flash memory and meet the sustained requirements of business-critical applications, virtualized environments and Big Data solutions in enterprise data centers. The Companys Velocity Peripheral Component Interconnect Express (PCIe), Flash Memory Cards leverage its persistent memory-based architecture in servers and are optimized for applications that require continuous access to quantities of low latency persistent memory located directly in servers.
The Companys storage systems are based on a four-layer hardware architecture, which is integrated wi th its Violin Memory Operating System (vMOS), software stack to optimize the management of flash memory at each level of its system architecture. The Companys Velocity PCIe Flash Memory Cards leverage its expertise in persistent memory-based storage and controller design, as well as its vMOS software stack, to offer a differentiated architecture in a deployable PCIe form factor.
- [By Paul Ausick]
Stocks on the Move: J.C. Penney Co. Inc. (NYSE: JCP) is down 13.9% at $8.97 after a secondary stock offeringthat might have been designed to drive out short sellers. Violin Memory Inc. (NASDAQ: VMEM) is down 21% at $7.11 on a lousy IPOday. RingCentral Inc. (NYSE: RNG) is up 39.5% at $18.14 on a good IPO day.
- [By John Udovich]
On Monday, small cap storage stock Violin Memory Inc (NYSE: VMEM) surged 21.56% after booting out its CEO in the wake of disappointing earnings and IPO, meaning its time to take a closer look at the stock along with the performance of potential or better known storage peers like large caps SanDisk Corporation (NASDAQ: SNDK) and Western Digital Corp (NASDAQ: WDC) plus small cap Dot Hill Systems Corp (NASDAQ: HILL).
- [By Michael Calia]
Violin Memory Inc.(VMEM) named Kevin A. DeNuccio as chief executive after firing prior CEO Don Basile in December because of the company’s poor performance. The flash-storage company posted disappointing third-quarter results and a sagging stock price.
- [By Mani]
Violin Memory, Inc. (NYSE: VMEM) is well positioned to take advantage of the strong secular growth of flash in the enterprise. The combination of its proprietary hardware, a growing software portfolio and resulting industry-leading price/performance should translate into robust growth over a multi-year time frame.
Hot Mid Cap Stocks To Buy For 2014: Inteliquent Inc (IQNT)
Inteliquent Inc, formerly Neutral Tandem, Inc., doing business as Inteliquent, incorporated on April 19, 2001, provides solutions for voice, data, and hosted services globally. With over 120 Ethernet sites across four continents, the Company is a global Ethernet interconnection provider, and has an Internet protocol version 6 (IPv6) network. Inteliquent is a network solutions provider, offering intelligent networking to solve interconnection and interoperability issues on a global scale. With multiprotocol label switching (MPLS) network, which is interconnected to carriers globally, it provides voice, Internet protocol (IP) transit and Ethernet solutions to carriers, service providers, and content management firms based in over 80 countries, across six continents. Its IP Transit provides bandwidth for Internet service providers (ISP), mobile operators, Telcos, enterprises and content providers. In September 2012, it announced the establishment of its Turkish subsidiary, as well as its strategic alliance with Turkey’s Turkcell Superonline. In April 2013, Neutral Tandem Inc acquired the global data services business of Global Telecom & Technology Inc.
The Company simplifies the complexities of data networking by making interconnection. Its EtherCloud transforms and simplifies the delivery of Ethernet and virtual private local area network (LAN) service (VPLS) services over a global footprint. A layer-II platform, EtherCloud connects partner networks into a seamless Ethernet cloud, which delivers end-to-end connectivity globally. It relies on Inteliquents global MPLS backbone as a distributed switched network, which is accessible in 120 point of purchases (PoPs) across four continents, to interconnect partners networks through standardized external network-to-network interfaces (E-NNIs). By interconnecting partner networks to create one holistic Ethernet cloud, EtherCloud enables you to both source and to sell Ethernet and VPLS connectivity. It provides a one-stop-shop to conne! ct globally.
The Company provides a range of voice services. Inteliquent’s voice services include streamlined session initiation protocol (SIP) interconnection options for domestic and international long distance traffic. It offers terminating and originating access, which supports billions of minutes of billable traffic each month. Its services include Access Homing Tandem and Gateway Tandem Services. It has the first wholesale, white-label hosted collaboration solution to be resold by value added resellers (VAR) and system integrators (SI). The hosted collaboration solution (HCS) offers a range of unified communication products and services, including single number reach, integrated messaging and presence, video calling, and WebEx integration.
- [By Rick Munarriz]
Briefly in the news
And now let’s take a quick look at some of the other stories that shaped our week.
Shares of Chipotle Mexican Grill (NYSE: CMG ) hit a new 52-week high after posting stronger revenue than analysts were expecting. The burrito roller also indicated that menu price increases are on the way in a move that will increase margins. Netflix (NASDAQ: NFLX ) also landed a fresh 52-week high, but it doesn’t report until next week. The big push for the leading video service was a dozen Emmy nominations for House of Cards and Arrested Development. There’s always a model-affirming Emmy nod in the banana stand. Inteliquent (NASDAQ: IQNT ) moved sharply higher after jacking up its revenue and adjusted EBITDA targets for the year. The provider of wholesale voice services had hosed down its outlook in May.
- [By Steve Symington]
In fact, I had one such moment last year when I finally sold my shares of Inteliquent (NASDAQ: IQNT ) around $12 per share after holding them for much less time than I had originally planned. At the time, the stock had already been beaten down from its 2009 highs over $30 per share, and I had high hopes that the company might eventually regain its former glory.
Top Industrial Disributor Companies To Watch In Right Now: MicroStrategy Incorporated(MSTR)
MicroStrategy Incorporated provides enterprise software platforms for business intelligence (BI), and mobile and social intelligence applications worldwide. The company offers MicroStrategy 9, an integrated BI platform that enables businesses to make business decisions. The MicroStrategy 9 platform?s product components comprise Intelligence Server, a foundation for the BI platform; Report Services, a reporting engine delivering production and operational reports, managed metrics reports, and interactive dashboards; OLAP Services that allows Web and desktop users to manipulate Intelligent Cubes databases; Web, a Web interface providing query, reporting, and analysis; Distribution Services that offers automated report and dashboard distribution; Office, which enables Microsoft Office users to create, run, edit, and format MicroStrategy report; and Desktop that provide users access to data through analytical applications. The MicroStrategy 9 platform?s product components al s o include Architect, whose data sources are modeled through an intuitive graphical user interface; SDK to integrate MicroStrategy 9 features and functionality into any application on multiple platforms; Integrity Manager to compare and verify reports? consistency; Command Manager that automates MicroStrategy administrative tasks; Enterprise Manager to provide prebuilt reports and dashboards; Object Manager that allows administrators to manage disparate and distributed environments; MultiSource Option allowing users to report, analyze, and monitor data; Transaction Services that provides write-back capabilities; and Clustering Option, a plug-and-play add-on to Intelligence Server. The company also offers technical support, consulting, education, and cloud-based solutions. It serves retail, communications, financial services, insurance, healthcare, manufacturing, technology, consumer goods, and public services industries. The company was founded in 1989 and is headquartered in Tysons Corner, Virginia.
- [By Evan Niu, CFA]
What: Shares of MicroStrategy (NASDAQ: MSTR ) have plunged today by as much as 13% after the company reported first-quarter earnings.
So what: Revenue in the first quarter added up to $130.2 million, a 6% decline from a year ago. That translated into a loss from continuing operations of $5.2 million, or $0.46 per share. Those figures looked poor relative to consensus estimates, which were calling for $152.4 million in sales and $0.35 per share in profit.
- [By Tim Beyers and Erin Miller]
Importantly, the BI sector as a whole isn’t seeing gains. MicroStrategy (NASDAQ: MSTR ) fell as much as Qlik gained on a 6% decline in revenues in the most recent quarter. Qlik, by contrast, reported a 22% rise in revenue and told analysts to expect another 20% or better bump in the quarter.
- [By Victor Selva]
The second place was occupied by MicroStrategy Incorporated (MSTR), a provider of business intelligence and mobile software with 5.5% of the total portfolio and worth $52.6 million. It reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago, and the stock price outperformed the rise in the S&P 500.
- [By Seth Jayson]
MicroStrategy (Nasdaq: MSTR ) is expected to report Q2 earnings around July 29. Here’s what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MicroStrategy’s revenues will wither -1.9% and EPS will wither -40.0%.
Top Industrial Disributor Companies To Watch In Right Now: Cablevision Systems Corporation (CVC)
Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. The Telecommunications Services segment is involved in television business, including video, high-speed data, and VoIP operations, as well as the provision of commercial data and voice services. The Other segment offers Newsday, a daily newspaper; amNewYork, a free daily newspaper; and Star Community Publishing, a group of weekly shopper publications; and newsday.com and exploreLI.com. This segment also engages in motion picture theatre business, Clearview Cinemas; provision of the News 12 Networks, a regional news programming services; and the MSG Varsity network, a network covering high school sports and activities, and other local programs, as well as cable television advertising. Cablevision Systems Corporation was founded in 1985 and is headquartered in Bethpage, New York.
- [By M. Joy Hayes]
With no alternative candidates, there’s no guarantee that directors will leave even if they fail to receive majority support. Consider the case of Cablevision (NYSE: CVC ) . In 2010 and 2012, directors Thomas V. Reifenheiser, John R. Ryan, and Vincent S. Tese remained on the board even though they all failed to receive majority support in the company’s 2010 and 2012 elections. Worse, Cablevision renominated the shunned directors yet again in 2013.
- [By Tim Beyers]
Who loses in all this? Pure-play content distributors such as Cablevision Systems (NYSE: CVC ) and DISH Network (NASDAQ: DISH ) . Like partner Netflix, Apple is taking steps to eliminate the barriers between viewers and content created by these gatekeepers. Color me grateful — both as an investor and as a fan of great television.
- [By Rich Duprey]
Both Bow Tie and Cablevision (NYSE: CVC ) , which owned the Clearview chain, announced yesterday they had completed the transfer of ownership of the theaters, which was first announced in April, though financial terms for the transaction were not disclosed. As the oldest cinema company in the U.S.,Bow Tie says it now has the largest number of theater locations in the New York metropolitan area,and operates 63 movie theaters with 388 screens in seven states.
- [By Jonathan Berr]
Its doubtful that federal antitrust regulators would ever allow Comcast (CMCSA) to buy the company because some might argue it would restrict competition. The company might be able to acquire Cablevision (CVC) if the Dolan family, which controls the smaller cable company, would sell. But that seems unlikely.
Top Industrial Disributor Companies To Watch In Right Now: Sensient Technologies Corp (SXT)
Sensient Technologies Corporation, incorporated on December 07, 1882, is a global manufacturer and marketer of colors, flavors and fragrances. Sensient uses advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and specialty inks and colors, and other specialty and chemicals. The Companys customers include international manufacturers representing some of the Known brands. The Company operates in two segments: Flavors & Fragrances Group and the Color Group. The Asia Pacific and the China Groups are included in the Corporate & Other category, along with the Companys corporate expenses. The Company’s principal products include: flavors, flavor enhancers and bionutrients; fragrances and aroma chemicals; dehydrated vegetables and other food ingredients; natural and synthetic food and beverage colors; cosmetic and pharmaceutical colors and additives; and technical colors, inkjet colo rs and inks, and specialty dyes and pigments.
Flavors & Fragrances Group
The Company is a developer, manufacturer and supplier of flavor and fragrance systems for the food, beverage, pharmaceutical, personal care and household-products industries. The Companys flavor formulations are used in consumer products. Under the unified brand names of Sensient Flavors, Sensient Dehydrated Flavors and Sensient Fragrances, the Company is a supplier to multinational companies. The Flavors & Fragrances Group produces flavor and fragrance products, which impart a taste, texture, aroma and/or other characteristics to a range of consumer and other products. It includes the Companys dehydrated flavors business, which produces ingredients for food processors. The products are systems products, including flavor-delivery systems, and compounded and blended products. In addition, the Company is engaged in selected ingredient products, such as essential oils, natu ral and synthetic flavors, and aroma chemicals. The Company ! serves food and non-food industries. In food industries, markets include savory, beverage, dairy, confectionery and bakery flavors. In non-food industries, the Company supplies fragrance products to the personal and home-care markets and supplies flavor products to the pharmaceuticals market.
Operating through the Companys Sensient Dehydrated Flavors business, the Company is produces dehydrated onion and garlic products in the United States. The Company is also producers and distributors of chili powder, paprika, chili pepper and dehydrated vegetables, such as parsley, celery and spinach. Domestically, the Company sells dehydrated products to food manufacturers for use as ingredients and also for repackaging under private labels for sale to the retail market and to the food service industry. In addition, Sensient Dehydrated Flavors is dehydrators of specialty vegetables in Europe. The Flavors & Fragrances Group operates through the Company’s subsidiaries Sens ient Flavors LLC and Sensient Dehydrated Flavors LLC. The Companys principal manufacturing plants are located in California, Illinois, Indiana, Michigan, Wisconsin, Belgium, Canada, the Peoples Republic of China, France, Germany, Italy, Mexico, the Netherlands, Spain and the United Kingdom.
The Company is a developer, manufacturer and supplier of colors for businesses globally. The Company provides natural and synthetic color systems for use in foods, beverages and pharmaceuticals; colors and other ingredients for cosmetics and pharmaceuticals, and technical colors for industrial applications and digital imaging. The Company sells its synthetic and natural colors to domestic and international producers of beverages, bakery products, processed foods, confections, pet foods, cosmetics and pharmaceuticals. The Company also makes inkjet inks and other dyes and pigments used in a variety of non-food applications.
The Color Group operates through the Company’s subsidiary Sensient Col! ors LLC. ! Its principal manufacturing plants are located in California, Missouri, New Jersey, Brazil, Canada, Mexico, France, Germany, Hungary, Italy, Switzerland and the United Kingdom. The Color Group operates under trade names of Sensient Food Colors (food and beverage colors); Sensient Pharmaceutical Coating Systems (pharmaceutical colors and coatings); Sensient Cosmetic Technologies (cosmetic colors and ingredients and systems). and Sensient Industrial Colors (including paper colors; industrial colors for plastics, leather, wood stains, antifreeze and other uses; inkjet colors and inks; specialty inks, and display imaging).
Asia Pacific and China Groups
The Asia Pacific Group and the China Group focus on marketing the Companys diverse product line in the Pacific Rim under the Sensient name. Through these operations, the Company offers a range of products from its Flavors & Fragrances Group and Color Group, as well as products developed by regional technical teams to appeal to local preferences. Sales, marketing and technical functions are managed through the Asia Pacific Group’s headquarters in Australia. Manufacturing operations are located in Australia, Japan, New Zealand and the Philippines. The Asia Pacific Group maintains offices for research and development, as well as sales, in India, Indonesia, Korea, Singapore and Thailand.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on Sensient Technologies (NYSE: SXT ) , whose recent revenue and earnings are plotted below.