China announced it is shooting for 7.5% GDP for 2014. At the sound of that target, DryShips (NASDAQ: DRYS ) and�Diana Shipping (NYSE: DSX ) are likely celebrating. China is the primary country these days responsible for rising market rates for dry shipping, but something in the announcement may warrant a bit of caution.
The positive side
According to Nikos Roussanoglou of Hellenic Shipping News Worldwide, this is positive news for dry shipping. Though the number is slightly down from the 7.7% GDP growth of 2013, it's still an aggressive economic growth target that, if achieved, would have a large positIve impact.
China growth tends to result in much higher demand for dry shipping volumes. For example, as Roussanoglou points out, China imported approximately 1 billion tons of cargo in 2008, and that figure more than doubled to 2.1 billion in just five years for 2013. The number one commodity in demand for China is iron ore for its production of steel. BIMCO's chief shipping analyst Peter Sand puts it well when he says, "The sheer size of the world's second-largest economy now gives so much impetus to our industry that we have become addicted to China."
Hot China Companies To Watch For 2015: Rapier Gold Inc (RPR)
Rapier Gold Inc. is a Canada-based gold focused exploration company. On March 12, 2013, the Company closed a share purchase agreement with two subsidiaries of Rio Tinto plc, which control rights to all non-talc minerals on mineral claims, Pen Gold North Project. The Pen Gold North Project is approximately 5,600 hectares in area and some of the claims are held through a lease and sublease with IMERYS. The combination of Pen Gold North and Pen Gold South properties comprise 16,448 hectares (approximately 160 square kilometers) located on the western extension of the Porcupine-Destor Deformation (Fault) Zone. The Company has executed the license and option agreement with Rogue Iron Corp. to explore for gold on the Pen Gold South property, which totals approximately 10,848 hectares, with an option to purchase those claims. These claims are part of a contiguous block with the Pen Gold North claims. Advisors' Opinion:- [By Holly LaFon]
Whitney George is Director of Investments, Managing Director, and a Portfolio Manager of Royce & Associates, LLC, investment advisor to The Royce Funds. He serves as portfolio manager for Royce Premier Fund (RPR), Royce Low-Priced Stock Fund (RLP), Royce Global Value Fund (RGV), Royce SMid-Cap Value Fund (RSV), and Royce Focus Trust (FUND). He also serves as assistant portfolio manager for Royce Micro-Cap Fund (RMC), Royce Value Fund (RVV), Royce Value Plus Fund (RVP), Royce Focus Value Fund (RFV), and Royce Capital Fund ��Micro-Cap Portfolio (RCM). Mr. George's thoughts in this interview concerning the stock market are solely his own and, of course, there can be no assurance with regard to future market movements.
Top Shipping Stocks To Own Right Now: Meadwestvaco Corporation (MWV)
MeadWestvaco Corporation (MWV) provides packaging solutions to the healthcare, personal care and beauty, food, beverage, home and garden, tobacco, and commercial print industries worldwide. The company?s Packaging Resources segment produces bleached paperboard, Coated Natural Kraft paperboard, and linerboard. Its Consumer Solutions segment designs and produces multi-pack cartons and packaging systems primarily for the beverage take-home and tobacco market. In addition, it offers a range of converting and consumer packaging solutions, including printed plastic packaging and injection-molded products used for personal care, beauty, and pharmaceutical products; and dispensing and sprayer systems for personal care, beauty, healthcare, fragrance, and home and garden markets. In addition, this segment has a pharmaceutical packaging contract with a mass-merchant, and manufactures equipment that is leased or sold to its beverage and dairy customers to package their products. The c ompany?s Consumer & Office Products segment manufactures, sources, markets, and distributes school and office products, time-management products, and envelopes in North America and Brazil through both retail and commercial channels. Its Specialty Chemicals segment manufactures, markets, and distributes specialty chemicals derived from sawdust and other byproducts of the papermaking process in North America, South America, and Asia. Its products include activated carbon used in emission control systems for automobiles and trucks, as well as for water and food purification applications, and performance chemicals used in printing inks, asphalt paving, adhesives, and lubricants for the agricultural, paper, and petroleum industries. MWV?s Community Development and Land Management segment involves in real estate development, forestry operations, and leasing activities. MeadWestvaco Corporation was founded in 1888 and is based in Glen Allen, Virginia.
Advisors' Opinion:- [By Will Ashworth]
I don�� know about you but I definitely use several of its products on a regular basis. In fact, right here on my desk beside my computer is a small, Five Star notebook for jotting down ideas. I grew up on Hilroy notebooks, a brand brought to the table in its 2012 merger with MeadWestvaco�� (MWV) Consumer and Office Products division. MWV shareholders received one-third of an ACCO share for every MWV share. Since the deal was completed, ACCO stock has lost 42% of its value.
- [By Eric Volkman]
MeadWestvaco (NYSE: MWV ) is continuing to deliver payouts for its shareholders. The company has declared a fresh quarterly dividend of $0.25 per share, to be handed out on September 3 to shareholders of record as of August 31.�That amount matches each of the company's regular quarterly payouts stretching back to late 2010. Prior to that, it paid $0.23 per share.
Top Shipping Stocks To Own Right Now: Vringo Inc. (VRNG)
Vringo, Inc., together with its subsidiaries, engages in the innovation, development, and monetization of mobile technologies and intellectual property. Its intellectual property portfolio consists of approximately 500 patents and patent applications covering telecom infrastructure, Internet search, and mobile technologies. The company operates a platform for the distribution of mobile social applications and services, including Facetones and Video Ringtones that transform the basic act of making and receiving mobile phone calls into a visual, social experience. Its Video Ringtones platform allows users to create, download, and share mobile entertainment content in the form of video ringtones for mobile phones; and Facetones is a social ringtone platform that allows users to create social picture ringtone and ringback content in the form of animated slideshows sourced from friends� social networks. The company also provides Fan Loyalty platform that allows users to obtain video and video ringtones, view information on reality television series and stars, and vote for contestants; and Video ReMix platform, which allows users to download an application for iPhone, iPad, iPod, or Android phones, and create their own music video by tapping on various music beats and video files. Vringo, Inc. is headquartered in New York, New York.
Advisors' Opinion:- [By Susan Decker]
Public-market investors have to be prepared for a bumpy ride. Spherix, with a market value of $23.6 million, has dropped 11 percent since the merger closed. Vringo Inc. (VRNG), a provider of software for mobile and video applications, has tumbled 19 percent since merging with intellectual property company Innovate/Protect Inc.
Top Shipping Stocks To Own Right Now: Ross Stores Inc.(ROST)
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd?s DISCOUNTS brand names in the United States. Its Ross Dress for Less brand stores sell brand and designer apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store regular prices; and dd?s DISCOUNTS brand stores sell apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20 to 70 percent off moderate department and discount store regular prices. As of January 29, 2011, the company operated 1,055 stores, of which 988 were Ross Dress for Less brand stores in 27 states and Guam, and 67 were dd?s DISCOUNTS brand stores in 6 states. Its Ross Dress for Less brand stores primarily target middle income households and dd?s DISCOUNTS brand stores target moderate income households. Ross Stores, Inc. was found ed in 1957 and is headquartered in Pleasanton, California.
Advisors' Opinion:- [By Maria Armental and Tess Stynes var popups = dojo.query(".socialByline .popC"); ]
Ross Stores Inc.'s(ROST) fiscal first-quarter earnings rose 4% as the off-price retailer benefited from sales growth as well as inventory and cost controls.
Top Shipping Stocks To Own Right Now: iShares North American Tech-Software ETF (IGV)
iShares S&P North American Technology-Software Index Fund (the Fund), formerly, iShares S&P GSTI Software Index, seeks investment results that correspond generally to the price and yield performance as represented by the S&P North American Technology-Software Index (the Index). The Index has been developed as an equity benchmark for United States-traded, software-related stocks.
The Index includes companies that are producers of client/server applications, enterprise software, Internet software, personal computer and entertainment software. The Fund invests in a representative sample of securities in the Index, which has a similar investment profile as the Index.
Advisors' Opinion:- [By Peter Graham]
The Q2 2014 earnings report for software stock Adobe Systems Incorporated (NASDAQ: ADBE), a potential peer or performance benchmark of other software stocks or players like Microsoft Corporation (NASDAQ: MSFT), Autodesk, Inc (NASDAQ: ADSK) and iShares S&P GSTI Software Index Fund (NYSEARCA: IGV), is scheduled for after the market closes on Tuesday. Aside from the Adobe Systems Incorporated earnings report, it should be said that Microsoft Corporation reported Q3 2014 earnings on April 24th (FYQ3 revenues and�EPS beat; cloud revenue doubled; Q4 view was light) and Autodesk, Inc reported Q1 2015 earnings on�May 15th (Q1 revenues beat and�earnings met�estimates). The last time Adobe Systems reported earnings, it beat expectations thanks to strong adoption of Creative Cloud and Adobe Marketing Cloud as the�company has been shifting away from from physical products to cloud-based software that users subscribe to.
- [By John Udovich]
Small cap Synacor Inc (NASDAQ: SYNC) says its "where Tech, Hollywood and Madison Avenue meet in the cloud��but its not exactly been a blockbuster for investors���meanings its worth taking a closer look at the stock along with the performance of potential benchmarks like the First Trust ISE Cloud Computing Index (NASDAQ: SKYY), iShares North American Tech-Software (NYSEARCA: IGV) and Global X Social Media Index ETF (NASDAQ: SOCL).
- [By John Udovich]
Small cap cloud and enterprise services stock Rally Software Development Corp (NYSE: RALY) just had a reversal ��meaning its worth taking a closer look at the stock along with potential performance benchmarks like Oracle Corporation (NYSE: ORCL), iShares North American Tech-Software (NYSEARCA: IGV) and First Trust ISE Cloud Computing Index (NASDAQ: SKYY).
- [By John Udovich]
Although Small cap Synacor Inc (NASDAQ: SYNC) calls itself the place "where Tech, Hollywood and Madison Avenue meet in the cloud,��its not exactly been a blockbuster for investors���meanings its worth taking a closer look at the stock along with the performance of potential benchmarks like the First Trust ISE Cloud Computing Index (NASDAQ: SKYY), iShares North American Tech-Software (NYSEARCA: IGV) and Global X Social Media Index ETF (NASDAQ: SOCL).
Top Shipping Stocks To Own Right Now: Universal Corporation(UVV)
Universal Corporation, together with its subsidiaries, operates as a leaf tobacco merchant and processor worldwide. It engages in selecting, procuring, buying, processing, packing, storing, supplying, shipping, and financing leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products. The company processes and/or sells flue-cured and burley tobaccos, dark air-cured tobaccos, and oriental tobaccos; and provides value-added services, including blending, chemical and physical testing of tobacco, just-in-time inventory management, and manufacturing reconstituted sheet tobacco. Its flue-cured, burley, and oriental tobaccos are used principally in the manufacture of cigarettes; and dark air-cured tobaccos are used in the manufacture of cigars, pipe tobacco, and smokeless tobacco products. The company was founded in 1888 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Lawrence Meyers]
This isn�� some massive utility service generation billions. As dividend stocks go, it’s a nice, simple business that makes a few million in free cash flow every year and distributes most of it to shareholders as a 3.7% yield … and has been doing so for 41 years.
Universal Corporation (UVV)Dividend yield: 3.9%
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