Tuesday, July 16, 2013

Hot Low Price Stocks To Own Right Now

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 McEwen Mining (NYSE: MUX  ) jumped as much as 12% today after the company released production figures.

So what: In the second quarter, the company produced 35,955 gold equivalent ounces, 30% higher than a year earlier. Both of the company's mines are producing at solid levels, and management thinks it can reach 130,000 gold equivalent ounces this year.�

Now what: The strong performance was good, and it didn't hurt that gold itself was up 2.9% today. The low price of gold has hurt miners, so they can use any good news they can get on the pricing front. McEwen hasn't yet posted a profit and, with gold under pressure, I would take a cautious approach to this stock, because even higher production may not make up for falling prices.

Hot Low Price Stocks To Own Right Now: African Queen Mines Ltd (AQ.V)

African Queen Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Africa. It primarily explores for gold, diamond, and other metals in Botswana, Namibia, Mozambique, Kenya, and Ghana. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.

Hot Low Price Stocks To Own Right Now: BNC Bancorp(BNCN)

BNC Bancorp operates as the holding company for Bank of North Carolina, which provides a range of commercial banking products and services to individuals, and small to medium size businesses in North Carolina. The company offers various deposit products, including checking and savings accounts, negotiable order of withdrawal accounts, money market demand accounts, noninterest-bearing accounts, and fixed interest rate certificates with varying maturities. Its loan portfolio comprises business loans secured by real estate, personal property, and accounts receivable; unsecured business loans; consumer loans that are secured by consumer products, such as automobiles and boats; unsecured consumer loans; commercial real estate loans; and commercial, installment, and personal loans. The company also offers safe deposit boxes and other associated services. As of December 31, 2009, it operated a main office in Thomasville, 15 other branch offices, and 1 limited services office. The company was founded in 1991 and is headquartered in High Point, North Carolina.

5 Best Stocks To Watch Right Now: Sally Beauty Holdings Inc.(SBH)

Sally Beauty Holdings, Inc., through its subsidiaries, engages in the distribution and retail of professional beauty supplies primarily in North America, South America, and Europe. The company operates in two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment operates a chain of cash and carry retail stores that provide various third-party branded and exclusive-label professional beauty supplies, including hair color products, hair care products, hair dryers and hair styling appliances, skin and nail care products, and other beauty items to retail consumers and salon professionals. This segment sells various third-party brands, such as Clairol, Revlon, and Conair, as well as a selection of exclusive-label merchandise. The Beauty Systems Group segment distributes professional brands of beauty products directly to salons and salon professionals through its sales force and professional-only stores. This segment operates stores under the Co smoProf service mark. It sells a range of third-party brands, such as Paul Mitchell, Wella, Sebastian, Goldwell, Joico, and TIGI. As of September 30, 2011, the company operated a multi-channel platform of 4,128 company-owned stores, 181 franchised stores, and 1,116 professional distributor sales consultants in the United States, Puerto Rico, Canada, Mexico, Chile, the United Kingdom, Ireland, Belgium, France, Germany, and Spain. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.

Hot Low Price Stocks To Own Right Now: Charter Communications Inc.(CHTR)

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. The company offers cable video programming services, such as basic and digital video, premium channels, OnDemand, pay-per-view, high definition television, digital video recorder, and online video services; Internet services; Charter.net, which provides multiple e-mail addresses, as well as various entertainment, games, news, and sports content; and telephone services. It also provides broadband communications solutions, such as Internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment services, and business telephone services under the Charter Business brand name to business and carrier organizations. As of December 31, 2011, the company served approximately 4.1 million video customers; approximately 3.5 million Internet customers; appr oximately 1.7 million telephone customers; and approximately 476,200 commercial primary service units. Charter Communications, Inc. was founded in 1999 and is based in St. Louis, Missouri.

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