Top 10 Warren Buffett Companies To Buy Right Now

We'd all like to invest like the legendary Warren Buffett, turning thousands into millions or more. Buffett analyzes companies by calculating return on invested capital, or ROIC, to help determine whether a company has an economic moat -- the ability to earn returns on its money above that money's cost.

In this series, we examine several companies in a single industry to determine their ROIC. Let's take a look at Novartis (NYSE: NVS  ) and three of its industry peers, to see how efficiently they use cash.

Of course, it's not the only metric in value investing, but ROIC may be the most important one. By determining a company's ROIC, you can see how well it's using the cash you entrust to it and whether it's actually creating value for you. Simply put, it divides a company's operating profit by how much investment it took to get that profit. The formula is:

Top 10 Warren Buffett Companies To Buy Right Now: Microvision Inc.(MVIS)

MicroVision, Inc. engages in the development of miniature laser display and imaging engines based upon its proprietary PicoP display engine technology. Its technology uses two dimensional micro-electrical mechanical systems, lasers, optics, and electronics to create a video or still image from a small form factor device. The company offers Pico projector displays intended to be used for users of mobile consumer devices, such as smartphones, media players, tablet PCs, and other consumer electronics products. Its products also comprise automotive head-up displays that project high-resolution images onto the windshield of an automobile providing the driver with information consisting of GPS mapping images, audio controls, and other automobile instrumentation information related to the car's operation. In addition, the company offers near-eye wearable display platform to provide personal viewing of information from a mobile device through a wired or wireless connection. Furthe r, it offers ROV hand held bar code scanners, and bar code scanner enabled enterprise solutions through distributors and original equipment manufacturers, as well as directly to end users through its online store. The company serves customers operating in the consumer, defense, industrial, and medical markets. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.

Top 10 Warren Buffett Companies To Buy Right Now: Prima Industrie(PRII.MI)

PRIMA INDUSTRIE SpA, together with its subsidiaries, engages in the design, manufacture, and marketing of laser systems for industrial applications, sheet metal processing machinery, and industrial electronics and laser sources. It operates in two divisions, PRIMA POWER and PRIMA ELECTRO. The PRIMA POWER division engages in the design, production, and sale of laser machines for cutting, welding, and drilling of three-dimensional (3D) and two-dimensional (2D) metallic components. Its 3D laser machines are used in the automotive, aerospace, energy, and white and yellow goods fields; and 2D laser machines are used in various industrial applications. This division also offers machines for processing sheet metal using mechanical tools, such as punches, integrated punching and shearing systems, integrated punching and laser cutting systems, panel shapers, bending machines, and automation systems. The PRIMA ELECTRO division engages in the development, production, and sale of elec tronic power and control components, as well as high power laser sources for industrial applications. The company sells its products primarily in Italy, Europe, North America, and Asia. PRIMA INDUSTRIE SpA was founded in 1977 and is based in Collegno, Italy.

Top 10 Bank Companies To Buy For 2014: Central Virginia Bankshares Inc. (CVBK)

Central Virginia Bankshares, Inc. operates as the bank holding company for Central Virginia Bank, which provides community and commercial banking services to individuals and small to medium sized businesses in Virginia. Its deposit products include checking accounts, savings accounts, interest bearing demand deposits, non-interest bearing demand deposits, money market accounts, certificates of deposits, and other time deposits. The company�s loan products portfolio comprises consumer demand, time, and installment loans for various purposes, including automobile loans, home equity lines of credit, and credit cards; commercial business loans; commercial mortgage loans; and real estate construction loans. It also provides Internet banking, telephone banking, debit cards, and other ancillary services, such as the sale of non-deposit investment products. In addition, the company offers ATMs, travelers� checks, safe deposit boxes, deposit transfer, notary public, escrow, drive -in facilities, and other customary banking services. It serves its customers through seven branches located in the Virginia counties of Powhatan, Chesterfield, Henrico, and Cumberland. The company was founded in 1972 and is headquartered in Powhatan, Virginia.

Top 10 Warren Buffett Companies To Buy Right Now: Dorchester Minerals L.P.(DMLP)

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and non-producing natural gas and crude oil royalty, net profits, and leasehold interests in the United States. Its net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership; and royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in 574 counties and parishes in 25 states. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was founded in 1982 and is based in Dallas, Texas.

Top 10 Warren Buffett Companies To Buy Right Now: Kamada Ltd (KMDA)

Kamada Ltd. is an Israel-based biopharmaceutical company, which develops, produces and markets therapeutics, based on chromatographic purification technology. It offers bio-therapeutics for human use, such as specialty proteins, specific immunoglobulins, and other prescription medicines. The Company�� product line includes intravenous AAT for chronic replacement therapy in individuals with congenital alpha-1 antitrypsin deficiency; KamRAB for prophylaxis of rabies infection; KamRho-D IM for prophylaxis of Rh hemolytic disease of the newborn; KamRho-D IV for treatment of immune thrombocytopenic purpura; and IVIG, a replacement therapy in primary and secondary immune therapy. Its product line also comprises Protosol to reduce blood loss in patients undergoing cardiac surgery; Heparin sodium injection for coagulation inhibition and prophylaxis of thromboembolic diseases and Heparin Lock Flush to maintain potency of intravenous injection device among other.

Top 10 Warren Buffett Companies To Buy Right Now: China Minzhong Food Corp Ltd (K2N.SI)

China Minzhong Food Corporation Limited, an investment holding company, operates as an integrated vegetable processing company. It cultivates, produces, and sells processed and fresh vegetables. The company�s processed vegetables include air-dried, freeze-dried, fresh-packed, and brined products, as well as fruit and vegetable juices, vermicelli, water-boiled vegetables, and other products. It also offers fresh vegetable products and mushroom spores. The company sells its products in 26 countries and regions, including the Americas, Asia, and Europe. China Minzhong Food Corporation Limited was founded in 1971 and is headquartered in Putian, the People's Republic of China.

Top 10 Warren Buffett Companies To Buy Right Now: Pacific Rodera Energy Inc. (PRD.V)

PRD Energy Inc., a development stage company, engages in the acquisition, exploration, and development of natural gas and crude oil principally in Europe. The company was formerly known as Pacific Rodera Energy Inc. and changed its name to PRD Energy Inc. in August 2010. PRD Energy Inc. was founded in 1983 and is based in Calgary, Canada.

Top 10 Warren Buffett Companies To Buy Right Now: Copper One Inc. (CUO.V)

Copper One Inc., a mineral exploration company, engages in the acquisition, exploration, and development of natural mineral resource properties in the United States. The company has six properties in the Arizona/New Mexico copper mining districts, including its principal project, the Lone Mountain copper-oxide project, which is located near Silver City, New Mexico with land holdings comprising 2 New Mexico State mineral leases and 40 unpatented federal mining claims, comprising 619.17 hectares. Its property portfolio also includes the Rivi猫re Dor茅 copper-nickel project, located near Val d'Or, Quebec; and the Queylus copper-gold project in the Chibougamau mining district in Quebec. The company was formerly known as Continent Resources Inc. and changed its name to Copper One Inc. in October 2009. Copper One Inc. was incorporated in 2005 and is headquartered in Montr茅al, Canada.

Top 10 Warren Buffett Companies To Buy Right Now: Sierra Wireless Inc. (SWIR)

Sierra Wireless, Inc., together with its subsidiaries, provides cellular wireless solutions to the machine-to-machine (M2M) and connected device markets in North America, Europe, and the Asia Pacific. The company operates through two segments, Mobile Computing and Machine-to-Machine. It offers AirPrime embedded wireless modules, which are used to wirelessly enable various products and solutions by original equipment manufacturers (OEMs); and AirLink intelligent gateways that are rugged and industrial-grade wireless terminals for M2M and mobile applications to public safety, transportation, field service, energy, industrial, and financial organizations. The company�s AirVantage M2M cloud platform provides secure, scalable, and device-to-cloud infrastructure for M2M applications. It also provides professional services to OEM customers during their product development and launch process. The company offers its products to consumer electronics, networking equipment, automotiv e, energy, security, sales and payment, industrial control and monitoring, fleet management, field service, and healthcare industries. It sells its products and solutions through various indirect channels, such as OEMs, wireless operators, distributors, and value-added resellers. Sierra Wireless, Inc. was founded in 1993 and is headquartered in Richmond, Canada.

Top 10 Warren Buffett Companies To Buy Right Now: American Software Inc (AMSWA)

American Software, Inc. (American Software), incorporated in 1970, develops, markets and supports a portfolio of software and services that delivers enterprise management and collaborative supply chain solutions to the global marketplace. American Software operates three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting. The SCM segment consists of Logility, Inc. (Logility), which provides collaborative supply chain solutions for forecasting, production, distribution and management of products between trading partners. The ERP segment consists of American Software ERP, which provides purchasing and materials management, customer order processing, financial, e-commerce, flow manufacturing and manufacturing solutions, and New Generation Computing (NGC), which provides business software to both retailers and manufacturers in the apparel, sewn products and furniture industries. The IT Consulting segment consists of The Proven Method, Inc., an IT staffing and consulting services firm. The Company also provides support for its software products, such as software enhancements, documentation, updates, customer education, consulting, systems integration services, and maintenance.

Supply Chain Management

The Company�� wholly owned subsidiary Logility provides SCM solutions, an integrated set of supply chain planning, inventory optimization, manufacturing, and transportation and logistics solutions. Logility provides SCM solutions to streamline and optimize the market planning, management, production, and distribution of products for manufacturers, suppliers, distributors, and retailers. As of April 30, 2011, Logility�� customer base is approximately 1,250 companies located in more than 74 countries. Logility markets and sells the Demand Solutions product line to the global small and midsize enterprise (SME) market through the global VAR distribution network of Demand Management, Inc. (DMI). Logility also ! offers the Logility Voyager Solutions suite.

Logility Voyager Solutions is an integrated software suite that provides SCM, including collaborative planning, strategic network design, multi-echelon inventory optimization, optimized supply sourcing, production management, warehouse management, and collaborative logistics capabilities. Logility Voyager Solutions incorporates performance management analytics for decision support for processes, such as demand management, inventory and supply optimization, manufacturing planning and scheduling, transportation planning and management and sales and operations planning (S&OP).

The Logility Voyager Solutions software suite is modular and scalable to meet the management requirements of global organizations involving products with manufacturing or distribution networks. In addition, the Logility Voyager Solutions suite interfaces with a range of existing enterprise applications deployed on a range of technical platforms. Logility Voyager Solutions accelerates S&OP, as well as strategic partner collaboration. Voyager Sales and Operations Planning enables companies to streamline and accelerate the entire S&OP process. Voyager Collaborate enables companies to communicate across their organizations and share supply chain information with external trading partners.

Voyager Fashion Forecasting helps improve profits with capabilities that address the collection launches for fashion-driven businesses. Voyager Demand Planning helps reconcile differences between business planning and detailed product forecasting. Voyager Life Cycle Planning provides control to model each phase in a product�� sunrise-to-sunset lifecycle, including introduction, maturity, replacement, substitution and retirement. Voyager Event Planning integrates marketing strategies with forecasting, distribution and logistics planning to calculate the impact of promotional plans and demand shaping strategies, such as price discounts, coupons, advertising, special pack! aging and! product placement.

Logility Voyager Solutions enables enterprises to set inventory targets at each node of a multi-echelon distribution network to match strategic inventory goals and service levels. Voyager Inventory Optimization optimizes inventory investments across multi-echelon manufacturing and distribution networks to meet business and service level objectives for supply chains with multiple stages of inventory. Logility Voyager Inventory Planning allows enterprises to measure the tradeoff of inventory investment and desired customer service levels.

Logility Voyager Solutions optimizes material, inventory, production and distribution assets by synchronizing supply and demand. Voyager Supply Planning optimizes sourcing and production decisions to balance supply, manufacturing and distribution constraints based on corporate goals. Voyager Replenishment Planning provides visibility of future customer demand, corresponding product and material requirements, and the actions needed to satisfy those demands. Voyager Manufacturing Planning creates optimized constraint-based manufacturing schedules and compares multiple schedule scenarios to determine the optimal trade-off between manufacturing efficiencies, inventory investments and greenhouse gas emissions.

Logility Voyager Solutions provides capabilities for optimizing both warehouse and transportation operations. Voyager WarehousePRO provides shipping and inventory accuracy by optimizing the flow of materials and information through distribution centers. Voyager Transportation Planning and Management provide a multi-modal solution for savings of time, effort and money. It enables automated shipment planning, shipment execution and freight accounting. Demand Solution�� supply chain software provides a transition from spreadsheet management to robust reporting and tracking. Demand Solutions offers two separate product suites: traditional and DSX. The Demand Solutions application suite predict future demand and m! ake infor! med decisions to optimize inventory turns, customer service levels and profitability. Demand Solutions Forecast Management provides a demand planning solution that fits virtually any industry and deploys. Demand Solutions Requirements Planning incorporates collaborative planning capabilities to streamline supply activities from the production line through delivery.

Demand Solutions Collaboration offers a certified collaborative planning, forecasting and replenishment (CPFR) compliant collaborative planning solution that streamlines communications between a company and its customers and suppliers. Demand Solutions Sales & Operations Planning automates and continually analyzes the annual business planning process. Demand Solutions Advanced Planning and Scheduling is a production scheduling solution that supports both the process and discrete enterprise environment and produces accurate schedules taking into account machines, personnel, tooling and inventory constraints. Demand Solutions View (DS View) extends the value of Demand Solutions, empowering users to aggregate, rotate, filter, sort and otherwise manipulate large volumes of data into meaningful information. Demand Solutions Retail Planning enables manufacturers, distributors and retailers to collaboratively produce, ship and replenish product based on point-of-sale (POS) data.

Enterprise Resource Planning

The Company�� enterprise solutions are global solutions that link critical functions throughout an enterprise. The e-Intelliprise solution is a Web-based ERP system that a customer can run over the Internet, Intranet or Extranet utilizing the IBM iSeries servers. This allows functions within the ERP system to be deployed over the Internet using a Webpage capability. The e-Intelliprise solution is a global system, capable of operating in multiple languages and logistical organizations. Its e-applications are solutions for conducting business on the Internet that can Web-enable specific business functions t! hrough in! tegration with existing ERP or legacy systems. The e-applications are available for the applications, which include e-procurement, e-store, e-expenses, e-forms, e-payables, e-receivables, Purchase Order Tracking and Vendor Collaboration, Requisition Tracking, Shipment Tracking, e-process management and e-connect a seamless, XML-enabled data exchange.

The Company�� product line consists of software and services that operate on three strategic computer platforms, which includes IBM System z Mainframe or compatible, IBM System i (AS/400), and Intel-based servers and clients that operate Windows 2000, 2003, XP and Vista. It has written its products in various standard programming languages used for business application software, including ANSI COBOL, Micro Focus COBOL, C, C++, Visual Basic, JAVA, JAVA2 and other programming languages. Many have both on-line and batch capabilities.

IT Consulting

The Proven Method, Inc., the Company�� wholly owned subsidiary, is a technology services firm that specializes in assisting customer base to solve business issues with technology solutions. The solutions the Company provides ranges from Web applications to complex Business Intelligence applications and solutions. Business Intelligence consists of the development and implementation of a reporting process for dealing with data and multiple business entities/components. Its customers are Internet savvy and knowledgeable in wireless solutions, social networking and channeling implementations, server and desktop virtualization, and deployment of interactive applications. The Proven Method has customers, such as Aon, IBM, UPS, Norfolk Southern, Xerox, SunTrust Bank, Coca-Cola Enterprises, Kubota Manufacturing of North America, The Home Depot, AT&T, State of Georgia, CompuCom, Zep Inc, Chick-fil-A, Global Payments, Verizon, Catlin Group Ltd, Federal Home Loan Bank of Atlanta, Fulton Paper, Aaron Rents, AutoTrader.com, Nalco Chemical, Georgia Tech Research Institute and numerous ot! her custo! mers throughout the United States.

The Company competes with SAP, Oracle, Infor, JDA Software and Red Prairie.