It’s that time of year again. Obama just released his 2013 budget plan, now to be vetted by Congress. His plan entails big spending aimed to boost economic growth. If it gets through Congress, will it be a boost to the stock market as well?
That’s a big “if.” In fact, the spending proposal is expected to go nowhere in Congress, which appears to be largely opposed to adding to the national debt or increasing taxes for wealthy Americans.
The 2013 budget includes “$800 billion for job creation and infrastructure investment, including billions of dollars for roads, railways and schools,” according to Bloomberg. Obama also earmarked money to hire more teachers, police and firefighters and invest in manufacturing.
Obama urged tax breaks to expire at the end of 2013 for families earning over $250,000 a year, while raising taxes on dividends to the level of income tax rates.
Business Section: Investing Ideas
Do you think these hopes for spurring economic growth will be realized? If so, one sector that may be best positioned to benefit is consumer goods.
Whenever economic growth occurs, so does spending. If you believe the U.S. will see greater growth in the near future, you may be interested in this list.
We ran a screen on the consumer goods sector for stocks that have seen bullish sentiment from short sellers. These stocks have seen significant decreases in shares shorted month-over-month, indicating short sellers are less bearish on these names.
Great Dividend Stocks To Own 2013:United Parcel Service Inc. (UPS)
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment engages in the time-definite delivery of letters, documents, and packages in the United States. The International Package segment offers air and ground delivery of small packages and letters to approximately 220 countries and territories, including shipments outside the United States, as well as shipments with either origin or distribution outside the United States; export services; and domestic services move shipments within a country?s borders. The Supply Chain & Freight segment provides forwarding and logistics services, such as supply chain design and management, freight distribution, customs brokerage, mail, and consulting services in approximately 195 countries and territories; and less-than-truckload and truckload services to customers in North America. In addition, the company offers various technology solutions for automated shipping, visibility, and billing; information technology systems and distribution facilities to various industries comprising healthcare, technology, and consumer/retail; and a portfolio of financial services that provides customers with short-term working capital, government guaranteed lending, global trade financing, credit cards, and export financing. It operates a fleet of approximately 99,800 package cars, vans, tractors, and motorcycles; an air fleet of 527 aircraft; and 33,800 containers used to transport cargo in its aircraft. The company was founded in 1907 and is headquartered in Atlanta, Georgia.Advisors' Opinion:
By Mark At 2011-10-6
UPS is a package delivery company. Cramer holds 600 shares of UPS stocks. UPS has a dividend yield of 3.20% and returned -6.68% since the beginning of this year. It has a market cap of $63! .89B and a P/E ratio of 16.08. Jason Capello invested $253 million in UPS.
Great Dividend Stocks To Own 2013:21st Century Holding Company (TCHC)
21st Century Holding Company, through its subsidiaries, engages in insurance underwriting, distribution, and claims processing primarily in the United States. The company underwrites homeowners? multi-peril, personal umbrella, commercial general liability, commercial excess liability, personal and commercial automobile, fire, allied lines, workers? compensation, business personal property, and commercial inland marine insurance. It also provides premium financing to its insured?s, as well as third party insured?s. The company markets and distributes its own and third-party insurer?s products and other services through contractual relationships with independent agents, and general agents. 21st Century Holding Company was founded in 1991 and is based in Lauderdale Lakes, Florida.Great Dividend Stocks To Own 2013:NTS Realty Holdings Limited Partnership (NLP)
NTS Realty Holdings Limited Partnership engages in the development, construction, ownership, and operation of multifamily, and commercial and retail real estate properties. As of June 30, 2011, it owned 23 properties, including 6 commercial properties, 15 multifamily properties, and 2 retail properties located in Louisville and Lexington, Kentucky; Fort Lauderdale and Orlando, Florida; Indianapolis, Indiana; Memphis and Nashville, Tennessee; Richmond, Virginia; and Atlanta, Georgia. NTS Realty Capital, Inc. and NTS Realty Partners, LLC serve as the general partners of the company. NTS Realty Holdings Limited Partnership is headquartered in Louisville, Kentucky.Great Dividend Stocks To Own 2013:Reynolds American Inc (RAI)
Reynolds American Inc. (RAI), through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. It offers cigarettes under the brand names of CAMEL, PALL MALL, WINSTON, KOOL, DORAL, SALEM, MISTY, and CAPRI; and cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand name, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The company also provides smokeless tobacco products, including moist snuff under GRIZZLY and KODIAK brand names; pasteurized tobacco under CAMEL Snus brand name; milled tobacco under the brand name of CAMEL Dissolvables; other tobacco products, such as little cigars under WINCHESTER and CAPTAIN BLACK brand names; and roll-your-own tobacco under the brand name of BUGLER. RAI sells its products primarily through distributors, wholesalers, and other direct customers, including retail chains, as well as distributes its cigarettes to public warehouses. The company was founded in 1875 and is headquartered in Winston-Salem, North Carolina.Advisors' Opinion:
By Jeff Reeves At 2011-10-21
Reynolds American (NYSE: RAI) is the tobacco giant behind such iconic brands as Winston, Camel and Kool cigarettes.
Current Yield: 5.5% ($2.12 a share annually)
Dividend History: In June 2010, the company paid 45 cents a share for its quarterly dividend (adjusted for a 2-for-1 split). This year, it will pay out 53 cents a share in June. That’s a nearly 16% increase.
Dividend Outlook: According to Bloomberg, Reynolds American has a three-year expected dividend growth rate of 8.2%.
Recent Performance: Reynolds American stock is up about 27% in the past year, compared with about 17% gains for the Dow Jones Industrial Average.
Strong Outlook for Shares: Amid economic uncertainty and a lack of other income investments, the reliability of Big Tobacco is popular with many investors. That buying pressure is good for shares, and coupled with the fact that “sin stocks” selling guilty pleasures tend to do well in tough times, RAI has a strong sales outlook.
By Quickel At 2011-10-6
Reynolds American (RAI), through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company has raised dividends for 7 years in a row. The company has managed to double EPS over the past decade, and raise dividends by 9% per year as well. The forward dividend payout ratio is 79.70%. Yield: 6.20%.
Great Dividend Stocks To Own 2013:Nordson Corporation (NDSN)
Nordson Corporation manufactures equipment used for precision dispensing, testing and inspection, and surface preparation and curing. Its Adhesive Dispensing Systems segment manufactures equipment for applying adhesives, lotions, and liquids to disposable products; automated adhesive dispensing systems for the food and beverage, and packaged goods industries; hot melt and cold glue adhesive dispensing systems for the paper and paperboard converting industries; adhesive and sealant dispensing systems for bonding or sealing plastic, metal, and wood products; and laminating and coating systems to manufacture continuous-roll goods in the nonwovens, textile, paper, and flexible-packaging industries. The company?s Advanced Technology Systems segment comprises automated gas plasma treatment systems used to clean and condition surfaces for the semiconductor, medical, and printed circuit board industries; controlled manual and automated systems for applying materials in customer processes requiring precision and material conservation; ultraviolet equipment used in curing and drying operations for specialty coatings, semiconductor materials, and paints; and bond testing and automated optical and x-ray inspection systems used in the semiconductor and printed circuit board industries. Its Industrial Coating Systems segment provides automated and manual dispensing systems used for applying coatings, paint, finishes, sealants, and other materials. Nordson Corporation markets its products in the United States and internationally through a direct sales force, as well as through qualified distributors and sales representatives. It serves various markets, including the appliance, automotive, bookbinding, container, converting, electronics, food and beverage, furniture, life sciences and medical, metal finishing, non woven, packaging, and semiconductor industries. The company was founded in 1935 and is headquartered in Westlake, Ohio.Great Dividend Stocks To Own 2013:ITT Industries Inc. (ITT)
ITT Corporation designs, manufactures, and sells a range of engineered products, and provides related services worldwide. Its Defense & Information Solutions segment develops tactical communications equipment, electronic warfare and force protection equipment, radar systems, integrated structures equipment, and imaging and sensor equipment, including night vision goggles, as well as weather, location, surveillance, and other related technologies for military and government agencies. It also provides services comprising air traffic management, information and cyber solutions, large-scale systems engineering, and integration and defense technologies; satellite-based imaging payloads for intelligence, surveillance, and reconnaissance solutions; and high-resolution commercial imaging systems with earth and space science applications, climate and environmental monitoring sensors and systems, and GPS navigation and software applications designed for image and data processing and dissemination. The company?s Fluid Technology segment provides water transport and wastewater treatment systems, pumps and related technologies, and other water and fluid control products with municipal, residential, commercial, and industrial applications. Its Motion & Flow Control segment manufactures shock absorbers and brake friction materials for the transportation industry; switch applications for the industrial and aerospace industries; electrical connectors used in telecommunications, computers, aerospace, medical, and industrial applications; and a range of pumps and tailored products for marine, food and beverage, and general industrial markets. The company was formerly known as ITT Industries, Inc. and changed its name to ITT Corporation in July 2006. ITT Corporation was founded in 1920 and is based in White Plains, New York.Advisors' Opinion:
By McWillams At 2011-9-26
The shares closed at $41.46, up $0.61, or 1.49%, on the day. Its market capitalization is $7.68 billion. ! About th e company: ITT Corporation designs and manufactures a variety of engineered products. The Company produces pumps, systems, and services to measure and control water and other fluids. ITT also supplies military defense systems, including night vision devices, secure communication systems, and avionics, in addition to providing electrical interconnects, and data storage and PC cards.
Great Dividend Stocks To Own 2013:Frontier Communications Company (FTR)
Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. It offers local and long distance voice services, including basic telephone wireline services to residential and business customers; switched access services that allow other carriers to use the facilities to originate and terminate their long distance voice and data traffic; and directory services that provide white and yellow page directories for residential and business listings. The company also provides data and Internet services, which include residential services comprising high-speed Internet, dial up Internet, portal and e-mail products, and hard drive back-up services; and commercial and carriers services, such as metro Ethernet; dedicated Internet; Internet protocol, optical, multiprotocol label switching, and TDM data transport services. In addition, it offers direct broadcast satellite services and fiber optic video services, as well as provides online access to video content, entertainment, and news available on the worldwide Web through its Web site myfitv.com. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Stamford, Connecticut.Advisors' Opinion:
By Vita At 2011-10-6
Frontier Communications Corporation (FTR) a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. Between 2004 and 2010 the company paid a quarterly dividend of 25 cents/share. Last year however it cut the distribution rate by 25% to 18.75 cents/share. The company has been unable to cover its dividend out of earnings since 2006. More than two-thirds of its distributions are non-taxable as t! hey are essentially a return of capital. Yield: 9.40%.
By Harding At 2011-9-21
CLO; EVP Reg & Gov't Affairs of Frontier Communications, Kathleen Q Abernathy, bought 40,000 shares on 09/09/2011 at an average price of $7.11. Frontier Communications Corp., formerly Citizens Communications Company, is a full-service communications provider and one of the largest rural local exchange telephone companies in the country. Frontier Communications has a market cap of $7.08 billion; its shares were traded at around $7.11 with a P/E ratio of 28.4 and P/S ratio of 1.8. The dividend yield of Frontier Communications stocks is 10.5%.
On August 3, Frontier Communications Corporation reported second-quarter 2011 revenue of $1,322.3 million, operating income of $238.3 million and net income attributable to common shareholders of Frontier of $32.3 million, or $0.03 per share. After excluding $20.3 million for acquisition and integration costs, $11.0 million for severance and early retirement costs and $10.5 million for a discrete tax item, net income attributable to common shareholders of Frontier for the second quarter of 2011 would have been $62.2 million, or $0.06 per share.
Frontier Communications is in the portfolios of Prem Watsa, Jean-Marie Eveillard, and NWQ Managers.
In September, Director Edward Fraioli and CLO; EVP Reg & Gov't Affairs Kathleen Q Abernathy bought shares of FTR stock. Director Jeri B Finard and Director James S Kahan bought shares in August.
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