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 HVAC-service provider Comfort Systems USA (NYSE: FIX ) were heating up today, gaining as much as 13% on a promising earnings report.
So what: Comfort Systems turned in a per-share profit of $0.07, much better than the $0.02-loss the market was expecting. Revenue, however, was about 1% below estimates at $325.9 million. On another positive note, CEO Brian Lane noted that the company's backlog increased in the quarter, and gross margin improved 13.1%, to 15.8%, as revenue was essentially flat year over year.
Now what: While management noted the difficult current economic climate, Comfort Systems could be a strong long-term macroeconomic play, as electricity costs are likely to go down with the proliferation of fracking and the adoption of natural gas by utility companies. The cost savings could encourage more Americans to adopt central air conditioning systems, Comfort's bread-and-butter. I also think this could be a favorable climate-change play, as hot summers will lead to higher demand for air conditioning. Stay on top of Comfort Systems to find what happens. Just add the company to your Watchlist here.
Top 5 Promising Companies To Buy For 2014: Edgewater Technology Inc.(EDGW)
Edgewater Technology, Inc. operates as a consulting firm in North America. The company provides business advisory services, such as knowledge monetization; customer transformation, including business-to-business to business-to-customer or the reverse; cloud architecture and on-ramping strategic services; business process rejuvenation with industry practices and cross pollination; mergers and acquisitions, private equity, and venture capital advisory; strategic advice, costing, estimates to complete, and failing or failed programs or project initiatives; and independent package selection and request for information or proposal process design and implementation. Its product-based consulting services include business transformation through the use of packaged software solutions; enterprise performance management with oracle budgeting, planning, consolidation, and strategic finance; enterprise resource planning with Microsoft Dynamics AX; discrete and process-based manufacturi ng; customer relationship management with Microsoft CRM; industry specific solutions; and blended solutions, such as Microsoft CRM/XRM and custom. The company also offers technology consulting services comprising technical architecture and roadmaps; technical evaluations and design; custom component design and implementation; Web-centric solutions, including internal, external, and/or collaborative; cloud integration and phasing solutions; on-going support services; and infrastructure optimization and redesign, disaster recovery, and business continuity specialized design and assistance. In addition, it provides information management and analytics services. The company serves consumer packaged goods/manufacturing; discrete and process manufacturing; energy/utilities; healthcare; higher education; hospitality; insurance; retail; travel/entertainment; and various emerging markets. Edgewater Technology, Inc. was founded in 1992 and is headquartered in Wakefield, Massachusetts.
Top 5 Promising Companies To Buy For 2014: Grainger Tst(GRI.L)
Grainger plc, through its subsidiaries, owns, acquires, and trades regulated and market-let tenanted properties, as well as owns a portfolio of home reversion properties primarily in the United Kingdom and Germany. Its activities include assembling residential development and mixed use opportunities, obtaining or amending planning permissions, installing infrastructure, and selling or self-developing plots. The company also engages in the rental and trade of properties; and provision of integrated asset and property management services, as well as home reversion plans through independent financial advisers. In addition, it invests in joint ventures and funds. The company holds interest in G:res1, a market rented residential property fund; and G:RAMP, an asset management platform. Its residential portfolio includes 13,564 tenanted houses and flats in the United Kingdom; and 6,718 units in Germany. Grainger plc was founded in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
Top Food Stocks To Own Right Now: Pinnacle Airlines Corp.(PNCL)
Pinnacle Airlines Corp., through its subsidiaries, operates as an independent regional airline company in the United States. It operates an all-regional jet fleet under two capacity purchase agreements (CPA) with Delta Air Lines, Inc. (Delta), providing regional airline capacity to Delta from Delta?s hub airports in Atlanta, Detroit, Memphis, New York City, and Minneapolis/St. Paul. The company also operates an all-turboprop fleet under a regional airline CPA with United Continental Holdings, Inc., Continental Airlines, Inc., and United Airlines, Inc. (United); and under revenue pro-rate agreements with United and US Airways Group, Inc. primarily in the northeastern United States and in Texas. As of December 31, 2010, Pinnacle Airlines Corp. offered scheduled passenger service with approximately 1,400 total daily departures to a 317 destinations with an aircraft fleet of 202 regional jet aircrafts and 81 turboprop aircrafts. The company was founded in 1985 and is headquart ered in Memphis, Tennessee.
Top 5 Promising Companies To Buy For 2014: Metropolitan Minning Inc(MNZ.V)
Metropolitan Mining Inc. engages in the acquisition, exploration, and development of mineral properties. It primarily holds an option to acquire 60% interest in the Fruso property, located in the province of Salta, in the Puna of northwestern Argentina. The Fruso property consists of two claims Fruso Este and Aracar covering an area of 5,684 Hectares. The company was incorporated in 2007 and is based in Vancouver, Canada.
Top 5 Promising Companies To Buy For 2014: Ansell Capital Corp (ACP.V)
Ansell Capital Corp. engages in the acquisition, exploration, and development of mineral properties. It primarily explores for gold, silver, copper, and other metals. The company holds interests in the Kuyakuz Mountain project located in British Columbia, Canada; and the Charlotte property located in the Yukon Territory, Canada. It also holds an option agreement to acquire a 100% interest in the Dal, the Discovery Creek, and the Etzel properties located in the Yukon Territory, Canada. Ansell Capital Corp. was incorporated in 2006 and is based in West Vancouver, Canada.
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