Three machinery stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
Top 10 Solar Companies To Buy For 2015: Wajax Corp (WJX)
Wajax Corporation (Wajax), is engaged in the sale and after-sales parts and service support of equipment, power systems and industrial components. Wajax�� three business divisions include equipment,power systems and industrial components. Its equipment division is engaged in the distribution, rental, modification and servicing of mobile equipment from manufacturers. It Power Systems is engaged in the distribution, rental and servicing of engines, transmissions and generators for on-highway, off-highway and electric power generation applications. Industrial components is engaged in the distribution, servicing, custom design and assembly of industrial components for in-plant customers and original equipment manufacturers. The Company�� products include excavators, lift trucks, mining trucks and shovels, forest harvesting equipment, utility equipment, loader backhoes, container handlers, cranes, diesel and natural gas engines, transmissions and power generators and bearings. Advisors' Opinion:- [By John Heinzl]
For example, BMO Nesbitt Burns analyst Bert Powell recently raised his price target on Wajax (WJX) to $41.50 from $35.50 because, as he explained in a note, he believes the company is poised for a recovery. The new target reflects his expectation that the stock will trade at 11 times his 2015 earnings per share estimate of $3.77��ts average P/E multiple historically.
Top 10 Machinery Companies To Invest In 2014: Sun Hydraulics Corp (SNHY)
Sun Hydraulics Corporation (Sun) designs, manufactures, and sells screw-in cartridge valves and manifolds used in hydraulic systems. The Company has facilities in the United States, the United Kingdom, Germany, Korea, France, and China. Sun Hydraulik Holdings Limited (Sun Holdings), a wholly owned subsidiary of Sun was formed to provide a holding company for the European market operations; its wholly owned subsidiaries are Sun Hydraulics Limited (Sun Ltd.) and Sun Hydraulik GmbH (Sun GmbH). Sun Ltd. operates a manufacturing and distribution facility located in Coventry, England, and Sun GmbH operates a manufacturing and distribution facility located in Erkelenz, Germany. Sun Hydraulics Korea Corporation (Sun Korea), a wholly owned subsidiary of Sun, operates a manufacturing and distribution facility. Sun Hydraulics, SARL (Sun France), a wholly owned subsidiary of Sun was dissolved in November 2011. Sun Hydraulics (India) a liaison office in Bangalore, India is used to develop new business opportunities in the Indian market. WhiteOak Controls, Inc. (WhiteOak), a 40% equity method investment, located in Mediapolis, Iowa, designs and produces complementary electronic control products. On September 27, 2011, Sun acquired High Country Tek, Inc. (HCT), which designs and manufactures a range of standard and customizable electronic control modules used to interpret electronic signals.
Screw-in Hydraulic Cartridge Valves
The Company�� screw-in hydraulic cartridge valves are offered in five size ranges and include both electrically actuated and non-electrically actuated products. The floating construction introduced by the Company results in a self alignment characteristic.
Standard Manifolds
A manifold is a solid block of metal, usually aluminum or ductile iron, which is machined to create threaded cavities and channels into which screw-in cartridge valves can be installed and through which the hydraulic fluid flows. The Company�� range of standard mani! folds enables the customers to integrate its screw-in cartridge valves into their machinery and equipment.
Integrated Packages
An integrated package consists of multiple cartridges assembled into a custom designed manifold for a specific customer to provide the specific operating characteristics of a customer�� circuit. The Company�� screw-in cartridge valves translate to integrated packages designed by the Company and result in products that are smaller in size. Due to the self-alignment characteristic, the Company�� integrated packages do not require testing once assembled.
Electronic Controllers
HCT designs and manufactures electronic controllers, which manage the function of electrically actuated valves. HCT�� products range from one valve, manually adjusted controllers to fully integrated hydraulic control systems managing multiple hydraulic valves, as well as other input and output products, such as joysticks and displays.
Advisors' Opinion:- [By Sally Jones]
Sun Hydraulics Corp. (SNHY): Reduced
Up 25% over 12 months, Sun Hydraulics Corp. has a market cap of $787.4 million; its shares were traded at around $30.00 with a P/E ratio of 21.20.
Top 10 Machinery Companies To Invest In 2014: Westinghouse Air Brake Technologies Corp (WAB)
Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a providers of value-added, technology-based equipment and services for the global rail industry. It provides its products and services through two business segments: the Freight Group and the Transit Group, both of which have different market characteristics and business drivers. Effective November 18, 2011, Wabtec acquired Fulmer Company, a manufacturer of motor components for rail, power generation and other industrial markets. Effective November 3, 2011, Wabtec acquired Bearward Engineering, a manufacturer of cooling systems and related equipment for power generation and other industrial markets. On June 29, 2011, the Company acquired an aftermarket transit parts business from GE Transportation, a parts supply business for propulsion and control systems for the passenger transit car aftermarket in North America. On February 25, 2011, the Company acquired Brush Traction Group, a provider of locomotive overhauls, services and aftermarket components. In July 2012, it acquired Tec Tran Corp. and its affiliates. In October 2012, it acquired LH Group. Effective July 30, 2013, Westinghouse Air Brake Technologies Corp acquired Turbonetics Inc, a manufacturer of turbochargers and components. Effective September 24, 2013, Westinghouse Air Brake Technologies Corp acquired Longwood Industries Inc.
The Freight Group manufactures and services components for freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems. Its customers include railroads, leasing companies, manufacturers of original equipment, such as locomotives and freight cars, and utilities. During the year ended December 31, 2011, the Freight Group accounted for 61% of its total sales, with about 75% of its sales in North America and the remainder! to international customers.
The Transit Group manufactures and services components for new and existing passenger transit vehicles, which include subway cars and buses, builds new commuter locomotives and refurbishes subway cars. Customers include public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses globally. During 2011, the Transit Group accounted for 39% of its total sales, with about half of its sales in North America and the remainder to international customers. During 2011, about 66% of the Transit Group�� sales are in the aftermarket and the remainder in the original equipment market.
The Company�� specialty products and electronics include positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment and end of train devices; signal design and engineering services; freight car truck components; draft gears, couplers and slack adjusters; air compressors and dryers; heat exchangers and cooling products for locomotives and power generation equipment, and track and switch products. Its brake products include railway braking equipment and related components for freight and transit applications, and friction products, including brake shoes and pads. Its remanufacturing, overhaul and build products include new commuter and switcher locomotives, and transit car and locomotive overhaul and refurbishment. Its transit products include rail and bus door and window assemblies; accessibility lifts and ramps for buses and subway cars, and traction motors.
The Company competes with Knorr-Bremse AG, Electro-Motive Diesel, GE Transportation Systems and Faiveley Transport.
Advisors' Opinion:- [By Holly LaFon]
Another area that is intriguing to us is the North American energy sector which looks to have a number of interesting catalysts currently. While the energy sector is at present only a modest overweight in the portfolios, we have been encouraged by several trends taking place for a number of years. These positive developments are also having an impact that goes far beyond the energy sector itself. Many believe that the U.S. will become energy independent and possibly a net exporter of natural gas and oil (currently restricted by law) in the next decade. This opinion is based primarily on the development of new drilling techniques (i.e. horizontal drilling, and high pressure fracking) that have enabled companies to access oil and natural gas reserves in shale formations that were previously not economically viable. The ability to tap into this acreage is a game-changer in our view and is already having a tremendous impact on the economy. Employment rates in these mostly rural areas surrounding the shale basins are very high and companies thus find hiring extremely competitive. Strong labor markets tend to create strong local economies. Oil States International (OIS) has been able to capitalize on this trend by providing housing and other services to oil service workers that are in demand in the area. CST Brands (CST) operates gas stations in Texas, but it is increasingly looking to broaden its product offering beyond fuel. Rail companies like Union Pacific (UNP), Canadian Pacific (CP), Kansas City Southern (KSU) and Genesee and Wyoming (GWR) have also benefited substantially. Given that shale areas are rural and often lacking infrastructure, substantial investment must be made to support drilling and production activities. Without pipelines in place, railroads have been the primary takeaway mechanism for moving production to the various clusters of refining capacity around the United States. In order to serve this demand, massive investment in railcars has been nee
- [By Rich Duprey]
The board of directors of railroad products manufacturer Wabtec (NYSE: WAB ) was busy yesterday, announcing it was increasing its quarterly dividend payment by 60% while simultaneously splitting the company's stock.
Top 10 Machinery Companies To Invest In 2014: Mueller Industries Inc (MLI)
Mueller Industries, Inc., incorporated on October 03, 1990, is a manufacturer of copper, brass, plastic, and aluminum products. The Company�� products include copper tube and fittings; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic pipe, fittings and valves; refrigeration valves and fittings; fabricated tubular products; and steel nipples. The Company also resells imported brass and plastic plumbing valves, malleable iron fittings, faucets and plumbing specialty products. Mueller�� operations are located throughout the United States and in Canada, Mexico, Great Britain, and China. The Company has two segments: the Plumbing & Refrigeration segment and the Original Equipment Manufacturers (OEM) segment. The Plumbing & Refrigeration segment is composed of the Standard Products Division (SPD), European Operations, and Mexican Operations. The OEM segment is composed of the Industrial Products Division (IPD), Engineered Products Division (EPD), and Jiangsu Mueller-Xingrong Copper Industries Limited (Mueller-Xingrong), the Company�� Chinese joint venture. On August 16, 2012, the Company acquired 100% of the stock of Westermeyer Industries, Inc. (Westermeyer), located in Bluffs, Illinois. Westermeyer designs, manufactures, and distributes high-pressure components and accessories for the air-conditioning and refrigeration markets. In October 2013, Commercial Metals Company completed the sale of Howell Metal Company, to Mueller Copper Tube Products, Inc., a subsidiary of Mueller Industries, Inc.
Plumbing & Refrigeration segment
SPD manufactures and sells copper tube, copper and plastic fittings, plastic pipe, and valves in North America and sources products for import distribution in North America. European Operations manufacture copper tube in Europe, which is sold in Europe and the Middle East; activities also include import distribution in the United Kingdom and Ireland. Mexican Operations consist of pi! pe nipple manufacturing and import distribution businesses, including product lines of malleable iron fittings and other plumbing specialties. The Plumbing & Refrigeration segment sells products to wholesalers in the heating, ventilation, and air-conditioning (HVAC), plumbing, and refrigeration markets, to distributors to the manufactured housing and recreational vehicle industries, and to building material retailers.
Mueller�� Plumbing & Refrigeration segment includes SPD, which manufactures a line of copper tube, in sizes ranging from 1/8 inch to eight inch diameter, which are sold in various straight lengths and coils. Mueller is in the air-conditioning and refrigeration service tube markets. In addition, Mueller supplies a variety of water tube in straight lengths and coils used for plumbing applications in virtually every type of construction project. SPD also manufactures copper and plastic fittings and related components for the plumbing and heating industry that are used in water distribution systems, heating systems, air-conditioning, and refrigeration applications, and drainage, waste, and vent systems. SPD�� products are used in the domestic residential and commercial construction markets. The Plumbing & Refrigeration segment also fabricates steel pipe nipples and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products to plumbing wholesalers, distributors to the manufactured housing and recreational vehicle industries and building materials retailers.
The Company competes with Cerro Flow Products, Inc., Cambridge-Lee Industries LLC , Wolverine Tube, Inc., KobeWieland Copper Products LLC, Howell Metal Company, Elkhart Products Company, NIBCO, Inc. and Charlotte Pipe & Foundry.
OEM segment
The OEM segment manufactures and sells brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; refrigeration valves and fittings; fabr! icated tu! bular products, and gas valves and assemblies. Mueller-Xingrong manufactures engineered copper tube primarily for air-conditioning applications. The products are sold primarily to OEMs located in China. The OEM segment sells its products primarily to original equipment manufacturers, many of which are in the HVAC, plumbing, and refrigeration markets.
Mueller�� OEM segment includes IPD, which manufactures brass rod, nonferrous forgings, and impact extrusions that are sold primarily to OEMs in the plumbing, refrigeration, fluid power, and automotive industries, as well as to other manufacturers and distributors. The Company extrudes brass, bronze and copper alloy rod in sizes ranging from 3/8 inches to four inches in diameter. These alloys are used in applications that require a high degree of machinability, wear and corrosion resistance, as well as electrical conductivity. IPD also manufactures brass and aluminum forgings, which are used in a variety of products, including automotive components, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware. IPD also serves the automotive, military ordnance, aerospace, and general manufacturing industries with cold-formed aluminum and copper impact extrusions. The OEM segment also includes EPD, which manufactures and fabricates valves and custom OEM products for refrigeration and air-conditioning, gas appliance, and barbecue grill applications. In addition, EPD manufactures shaped and formed tube, produced to tight tolerances, for baseboard heating, appliances, and medical instruments.
The Company competes with Chase Brass and Copper Company.
Advisors' Opinion:- [By Neil Macneale]
Among the potential addition to our portfolio, Mueller Industries (MLI) may seem among the least likely. It�� a very small-cap company ($1.8B) and it�� not very well known (covered by only two analysts).
- [By Sean Williams]
Mueller? ...Mueller?
Although quality value stocks can be as elusive as Ferris Bueller on his day off, investors would be wise to add Mueller Industries (NYSE: MLI ) , provider of�copper, brass, aluminum, and plastic products, to their watchlists.
Top 10 Machinery Companies To Invest In 2014: Cummins Inc.(CMI)
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric power generation systems, and engine-related component products worldwide. It operates in four segments: Engine, Power Generation, Components, and Distribution. The Engine segment offers a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Power Generation segment offers power generation systems, components, and services, including diesel, natural gas, gasoline, and alternative-fuel electrical generator sets for use in recreational vehicles, commercial vehicles, recreational marine applications, and home stand-by or residential applications. This segment also provides components that make up power generation systems, such as engines, controls, alternators, transfer switches, and switchgears. The Components segment supplies filtration products, turbochargers, aftertreatment systems, intake and exhaust systems, and fuel systems for commercial diesel applications. This segment offers filtration and exhaust systems for on-and off-highway heavy-duty and mid-range equipment, as well as supplies filtration products for industrial and passenger car applications. This segment also develops after treatment and exhaust systems to help customers meet emissions standards and fuel systems. The Distribution segment provides parts and services, as well as service solutions, including maintenance contracts, engineering services, and integrated products. The company sells its products to original equipment manufacturers, distributors, and other customers. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Advisors' Opinion:- [By Sean Williams]
Second, fuel cost control has been crucial, and will remain a key component to Swift's success. Swift is handling its fuel costs this by maximizing the operating efficiency of its tractor and trailer fleet, and by partnering up with natural gas diesel engine manufacturer Cummins (NYSE: CMI ) . The goal of this partnership is to develop natural gas engines that get comparable mileage to diesel at a cheaper cost, and when combined with increased CNG fueling stations around the U.S. operated by Clean Energy Fuels (NASDAQ: CLNE ) , create a win-win scenario for all parties involved. To that end, Swift's fuel operating costs should drop, Cummins will have a steady stream of business, Clean Energy Fuels gets a large fueling customer under its belt that will help with building out its fuel station infrastructure, and the world gets fewer emissions from burning diesel.
- [By Sean Williams]
Diesel and natural gas engine maker Cummins (NYSE: CMI ) turned in a strong gain of 1.7% despite no company-specific news. In this case, I'd postulate that today's move related to the bullish Chicago PMI data, which would suggest that manufacturing activity is picking up, and that the need for newer, more fuel-efficient engines to power trucking fleets will soon follow. Cummins was certainly sitting prettier when natural gas prices were in the $2/mbtu range, but even now looks like a fantastic value, with natural gas prices topping $4/mbtu, given the high prices of traditional gasoline, and the need for trucking companies to save over the long term by investing now in fuel-efficient engines.
- [By Peter Graham]
The Q2 2014 earnings report for Navistar International Corp (NYSE: NAV), a potential peer of light, medium- and heavy-duty truck or engine makers PACCAR Inc (NASDAQ: PCAR) and Cummins Inc (NYSE: CMI), is scheduled to report earnings after the market closes on Thursday.�Aside from the Navistar International Corp earnings report, it should be said that PACCAR Inc and Cummins Inc both�reported Q1 2014 earnings on April 29th (PCAR reported higher revenues and net income�while CMI hit a�52-week high after a beat and raised guidance). However, Navistar International Corp�has lost market share since 2012 when�US regulators denied approval of a redesigned diesel engine that failed to reduce green house gas levels���forcing the company to turn to�rival Cummins Inc to supply engines as it develops its own catalytic reduction engines to reduce nitrogen oxide emissions.��
Top 10 Machinery Companies To Invest In 2014: Rofin-Sinar Technologies Inc (RSI)
Rofin-Sinar Technologies Inc., incorporated on July 19, 1996, is engaged in the designing, development, engineering, manufacturing and marketing of laser-based products used for cutting, welding and marking a range of materials. The Company offers a range of laser products and related services for three material processing applications: cutting, welding, and surface treatment (macro applications); marking, and fine cutting, fine welding, micro drilling, and micro structuring (micro applications). It provides a range of laser sources and laser-based system solutions to markets, such as the machine tool, automotive, semiconductor, electronics, and photovoltaic industries. Its product categories include Laser macro products, Laser marking products, Laser micro products and Components. The products are sold directly to end-users and to original equipment manufacturers (OEMs).
As of September 30, 2013, the Company had over 4,000 customers (including multinational companies with multiple facilities purchasing from the Company). During the year ended September 30, 2013 (fiscal 2013), approximately 38%, of the Company�� revenues related to sales of laser products for macro applications, approximately 13%, related to sales of components, and approximately 49%, related to sales of laser products for marking and micro applications.
LASER MACRO PRODUCTS
The Company�� carbon dioxide laser products for macro applications consist of DC Slab Series, SC Series, XL Series, STS Series, FH Series and SM Series. Its XL, STS, FH and SM Series fast-axial flow carbon dioxide lasers are used for both cutting and welding applications and are marketed under the PRC and NELC brand. XL, STS, FH, SM, FA, and PLS Series products are used primarily by the machine tool industry. Its SC Series diffusion cooled, wave-guide carbon dioxide lasers are developed and produced by Rofin-Sinar UK Ltd. The SC Series are sealed-off lasers, used for cutting and structuring applications. Markets for the! se include machine tool, electronics, and packaging industries. The Company�� DQ Series of Q switched, solid-state lasers are designed for applications, such as removal, cleaning and insulation of various materials in the automotive, consumer electronics and photovoltaic markets. The Company�� FL Series of high-brightness single or multi-mode fiber lasers use fiber optics as the active medium. These fiber lasers are used for cutting and welding applications, as well as for new applications, such as remote cutting. Its diode lasers are designed to meet the requirements of a range of welding, soldering and surface treatment applications.
LASER MARKING PRODUCTS
Rofin offers standardized and customized laser marking systems in different power ranges and wavelengths for use in various industrial segments. The Company�� standard PowerLine marking products consist of a range of lasers with output power from 2 watts to 100 watts with a galvo-head, a personal computer with processor, and Rofin�� VisualLaserMarker software. Special options and accessories include a double marking head allowing speeds of up to 1,600 characters per second in certain applications, as well as beam-switching and -splitting options for marking of products in multiple production lines using a single laser. It is used in the semiconductor and electronics industries. MultiScan vector scanning marker utilizes a 100 watts sealed-off carbon dioxide laser. It is used in marking of consumer goods in the packaging industry. LabelMarker Advanced is a laser-based system is Rofin�� solution. This laser system is used in any production area without additional safety requirements. The EasyMark is a transportable desktop device. The EasyMark offers a program-controlled z-axis and a rotary axis, which can optionally be integrated. An aluminum T-slot plate facilitates mounting of customer-specific work piece carriers. The EasyJewel is a transportable desktop device developed to mark jewellery. CombiLine Cube/CombiLi! ne Advanc! ed compact laser workstations have been designed for small and medium-size batches. NuQ pulsed fiber laser sources are produced and marketed under the Nufern brand and are designed for OEM customers and integrators.
LASER MICRO PRODUCTS
The Company markets and sells a range of laser products, including, pulsed, fiber and other solid-state lasers for various spot welding and fine cutting applications; carbon dioxide Slab lasers for perforating applications; Q switched, solid-state lasers for surface structuring, and diode lasers for soldering and plastic welding applications. The Company's manual welders for micro applications, which are sold under the name Performance Tool Open and Internal, consist of pulsed, solid-state lasers in the range of 60 watts to 200 watts, which are primarily used for fine welding applications in the medical device, jewelry and mold making industries. The StarPulse Series consists of pulsed Nd:YAG rod lasers with power ratings from 40 to 500 watts. These are designed for use in fine welding applications, such as laser welding of reflective materials in the medical device and electronics industry.
The StarFiber Series achieve nominal powers of 100 watts up to 600 watts. The lasers can be operated in either pulse-modulated or continuous wave mode. The StarFiber Series is designed for a range of applications for fine welding and fine cutting, such as welding of electromechanic components or fine cutting. The X-Lase Series consists of picosecond pulse mode-locked fiber laser systems with an output power of upto 24 watts. Markets are in the semiconductor, electronics and display industries. In these industries, the X-Lase products can be used for thin film patterning, ablation and scribing applications. Its StarFemto Series consists of femtosecond pulse mode-locked laser systems with a maximal output power of 5 watts. Main markets are medical implants and other fine cutting or structuring applications. The PerfoLas Systems consist of a carbo! n dioxide! laser in combination with a galvo scanning head and is used for precise cutting, drilling, and surface structuring.
The Universal Workstation (UW) and Modular Processing System (MPS) Series are modular laser-based systems that are designed to meet a variety of applications, including welding, cutting, surface modification and ablation. Depending on the application, the UW and MPS Systems can be equipped with different laser sources (femtosecond, fiber, diode, or solid-state laser) and modified for specific handlings. Series 800 are flash-lamp pumped, solid-state lasers sold to OEM customers, and system integrators for various micro and marking applications. Series LDP and LEP are diode pumped, solid-state lasers sold to OEM customers and system integrators for various micro and marking applications. Series LDPP are diode pulse-pumped Nd:YAG lasers that are designed to cut thin metals. Market is the medical devices industry. Series LFP are hybrid diode pumped, solid state, picosecond lasers that are produced and marketed under the Lee Laser brand and are sold to OEM customers and system integrators for various micro applications.
The COMPACT and MINI Diode Laser System Series are laser systems are available in a range of output powers and wavelengths, including fiber-coupled direct beam or line source solutions, and are engineered for utilization in industrial laser materials processing, mainly for plastic welding, soldering and brazing applications in the automotive, medical device and electronic industries. The KLS Series lasers are pulsed solid-state lasers which are used for fine cutting, drilling and scribing applications. The FLS Series are lamp pumped, pulsed, solid-state lasers with high peak power for deep penetration cutting, welding and drilling. SLS CL Series are pulsed Nd:YAG solid-state lasers with output powers in the range of 5 to 250 watts. The KLS 246, FLS, LFS and SLS CL Series are all manufactured by the Company's Switzerland-based subsidiary LASAG.
COMP! ONENT PRODUCTS
The Company offers power supplies for pulsed and continuous wave solid-state lasers, carbon dioxide lasers, diode lasers, as well as radio frequency (RF) generators for acousto-optic Q-switches through its wholly owned subsidiary PMB Elektronik GmbH. Fiber and Optics Technology are special fiber lasers, fiber coupling products and optical engines, for use in fiber lasers are manufactured and marketed by the Company�� Finland-based subsidiary Corelase Oy. Laser Diodes and Modules are high-power semiconductor components, such as high power, high-brightness laser diodes and modules are manufactured and marketed by the Company�� subsidiaries Dilas Diodenlaser GmbH, Dilas Diodelaser Inc., Dilas Diodelaser China and m2k-laser GmbH. Fibers, fiber components, beam splitters or switches and beam combiners designed for use in industrial lasers or as beam delivery systems are manufactured and marketed by Optoskand AB. Fibers and fiber laser technology components are developed, manufactured and marketed by Nufern, East Granby. The Company�� high-technology components are either integrated by other laser manufacturers into their products or are used for the Company�� own product portfolio.
The Company competes with Trumpf, GSI Group, Unitek Miyachi, Han's Laser, Fanuc, Synrad, Coherent, IPG, Laserline and Jenoptik.
Advisors' Opinion:- [By Greg Harmon]
The Fresh Market (TFM), has been rising off of a bottom in March. It recently went through a 'W' consolidation and jumped higher, but is now retesting the top of the 'W'. The relative strength index (RSI) has held the mid line during the pullback and remains bullish while the moving average convergence divergence indicator (MACD) is not as positive. A turn higher, back over 53.50 could be a catalyst for a long entry, but a fall under 52 sets a target for a measured move (MM) lower to 50. This stock does not report earnings until late August.
- [By Joon Choi]
Currently, the monthly relative strength indicator (RSI) reading is 83.7. (A reading over 70 is considered to be overbought.) To put this figure in perspective, the monthly RSI of the Nasdaq Composite was 85.9 on March of 2000 (the index peak), and we know what happened afterwards.
Top 10 Machinery Companies To Invest In 2014: Toro Co (TTC)
The Toro Company (Toro), incorporated on November 7, 1983, designs, manufactures, and markets professional turf maintenance equipment and services, turf irrigation systems, agricultural micro-irrigation systems, landscaping equipment and lighting, and residential yard and snow removal products. The Company operates in three business segments: Professional, Residential, and Distribution. Its products are advertised and sold at the retail level under the names of Toro, Exmark, Irritrol, Hayter, Pope, Lawn-Boy and Lawn Genie. In October 2013, the Company acquired Xiamen Xiangfeng Water Saving Equipment Co., Ltd.
Professional
The Company designs professional turf, landscape, and agricultural products and markets them worldwide through a network of distributors and dealers, as well as directly to Government customers, rental companies, and retailers. These channel partners then sell its products to professional users engaged in creating and renovating landscapes, irrigating turf and agricultural fields, and maintaining turf, such as golf courses, sports fields, municipal properties, and residential and commercial landscapes.
Landscape Contractor Market
The Company market products to landscape contractors under the Toro and Exmark brands. Products for the landscape contractor market include zero-turn radius riding mowers, heavy-duty walk behind mowers, mid-size walk behind mowers, stand-on mowers, and turf renovation and tree care equipment. It also offers some products with electronic fuel injection engine options. In fiscal 2013, it enhanced its line of Toro Z Master Commercial 3000 Series mowers, featuring its TURBO FORCE cutting deck, integrated pump, and wheel motors designed for professional results, performance, and dependability. In addition, in fiscal 2013, it introduced the new Exmark Vantage X-Series stand-on mower.
Sports Fields and Grounds Market
Products for the sports fields and grounds market include riding rotar! y mowers and attachments, aerators, and debris management products, which include versatile debris vacuums, blowers, and sweepers. Other products include multipurpose vehicles, such as the Toro Workman, that can be used for turf maintenance, towing, and industrial hauling. These products are sold through distributors, who then sell to owners and/or managers of sports fields, Governmental properties, and residential and commercial landscapes.
Golf Course Market
The Company�� products for the golf course market include large reel and rotary riding products for fairway, rough and trim cutting; riding and walking mowers for putting greens and specialty areas; greens rollers; turf sprayer equipment; utility vehicles; aeration equipment; and bunker maintenance equipment. In fiscal 2013, it introduced the Reelmaster 3550-D, which features a productive 82 inch cutting width, enhanced ground-following capability with turf-friendly tires, and three-wheel drive system designed for traction in hilly and wet conditions. In addition, in fiscal 2013, it began offering versions of its golf products which are compliant with Tier 4 diesel engine emission requirements. It also manufacture and market underground irrigation systems for the golf course market, including sprinkler heads, controllers, turf sensors, and electric, battery-operated, and hydraulic valves. Its 835S/855S Series golf sprinklers are equipped with a unique TruJectory feature that provides enhanced water distribution control. Its Turf Guard wireless soil monitoring systems are designed to measure soil moisture, salinity, and temperature through buried wireless sensors that communicate through an Internet server for processing and presentation to a user through the Web.
Residential/Commercial Irrigation and Lighting Market
Turf irrigation products marketed under the Toro and Irritrol brands include rotors; sprinkler bodies and nozzles; plastic and brass valves; drip tubing and subsurface irrigation; ! electric ! and hydraulic control devices; and wired and wireless rain, freeze, and climate sensors. These products are designed to be used in residential and commercial turf irrigation systems that are installed into new systems or used to replace or retrofit existing systems. Most of the product lines are designed for underground automatic irrigation. Electric and hydraulic controllers activate valves and sprinkler bodies and nozzles in a typical irrigation system. Its retail irrigation products are marketed under the Toro and Lawn Genie brand names. These products are designed for homeowner installation and include sprinkler heads, valves, timers, and drip irrigation systems. Its ECXTRA sprinkler timers can be used with a home computer and its Scheduling Advisor recommends the proper watering schedule based on the local weather, plant type, and sprinkler. It manufactures and market lighting products under the Unique Lighting Systems brand name.
Micro-Irrigation Market
Products for the micro-irrigation market include products that regulate the flow of water for drip irrigation, including Aqua-Traxx PBX drip tape, Aqua-Traxx PC (pressure-compensating) drip tape, Blue Stripe polyethylene tubing, BlueLine drip line, and NGE emitters, all used in agriculture, mining, and landscape applications. In addition to these products, it offers control devices and connection options. These products are sold primarily through dealers and distributors who then sell to end users for use primarily in vegetable fields, fruit and nut orchards, vineyards, landscapes, and mines. In fiscal 2013, it expanded its product offering of the Neptune thinwall dripline into the North America market, featuring a medium-durability dripline that enables growers to install a subsurface drip irrigation system designed to last for up to ten years and to allow growers of medium-length crops to adopt drip irrigation. In addition, in fiscal 2013, it introduced AquaFlow 3.2 Drip Irrigation Design Software, a new software packag! e used to! help design drip irrigation systems.
Rental and Construction Market
The Company offers over 35 attachments for our compact utility loaders, including trenchers, augers, vibratory plows, and backhoes. In fiscal 2013, it launched the STX-38 Stump Grinder featuring high maneuverability and hydraulic sweep control. Products for the rental market include compact utility loaders, walk-behind trenchers, stump grinders, and turf renovation products, many of which are also sold to landscape contractors. Its presence in the construction market is driven by an equipment line of vibratory plows, trenchers, and horizontal directional drills, all of which are used in the installation, repair, and replacement of underground utilities with minimal impact on surrounding landscapes or structures. In fiscal 2013, it introduced the Toro Pro Sneak Vibratory Plow that delivers consistent and powerful plowing in a compact, maneuverable package.
Residential
The Company markets its residential products to homeowners through a variety of distribution channels, including outdoor power equipment dealers, hardware retailers, home centers, mass retailers, and over the Internet. These products are sold mainly in North America, Europe, and Australia, with the exception of snow removal products that are sold primarily in North America and Europe.
Walk Power Mower Products
The Company manufactures and markets a number of walk power mower models under its Toro and Lawn-Boy brand names, as well as the Pope brand in Australia and the Hayter brand in the United Kingdom. Toro also offers a line of rear-roller walk power mowers, a design that provides a striped finish, for the United Kingdom market.
Riding Products
The Company manufactures and markets riding products under the Toro brand name worldwide and under the Hayter brand name in the United Kingdom. Riding products primarily consist of zero-turn radius mowers. Lawn and garden tra! ctor mode! ls are sold worldwide. In addition, its rear engine and direct-collect riding mowers are manufactured and sold in the European market. A number of models are available with a variety of engines, decks, transmissions, and accessories.
Home Solutions Products
Toro designs and markets home solutions products under the Toro and Pope brand names, including electric and battery-operated grass trimmers, electric blower-vacuums, electric blowers, and electric snow throwers. In Australia, the Company also designs and markets underground and hose-end retail irrigation products under the Pope brand name.
Gas Snow Removal Products
The Company manufactures and markets a range of gas-powered single-stage and two-stage snow thrower models. Single-stage snow throwers are walk behind units with lightweight two- and four-cycle gasoline engines. Its two-stage snow throwers are designed for large areas of deep, heavy snow and use four-cycle engines. The Company�� two-stage snow throwers include a line of models featuring the Power Max auger system and the Quick Stick chute control technology.
Advisors' Opinion:- [By Charles Sizemore]
Stuart Varney took it a step further, mentioning Toro Company (TTC), the maker of many of the snow blowers that have become a common sight across much of America this year. I agreed, adding that Toro is a major manufacturer of lawn and turf maintenance equipment — and because virtually every lawn, park and golf course in America has suffered damage this year, and Toro is well positioned to profit from the repairs.
- [By Ben Levisohn]
Still, shares of Deere have gained 0.2% to $86.08, perhaps thanks to Toro (TTC), which has risen 1.8% to $62.34 after beating earnings forecasts by four cents today.
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