Buy Cisco Systems (CSCO)
Cisco Systems today isn’t the fast growing technology company that rode the Dotcom boom to revenue growth of 44% in 1999 and 56% in 2000–before the bottom fell out. And that’s a good thing. The company owns more than 50% of the market for Internet...
Buy Cemex (CX)
This Mexican company has used free cash flow from its protected and highly profitable home market to build itself into what was the second largest player in the global cement industry. Even after selling off assets to pay down some of its huge debt, Cemex will be in...
Buy Bunge (BG)
Bunge is the world’s leading oilseed–including soy beans–processing company and is one of the top global sellers of vegetable oil. Not a bad place to be since soybean consumption has increased by 5% a year over the last 15 years and growth shows no...
Buy BHP Billiton (BHP)
Because Australian mining company BHP Billiton has a finger in everything from copper to uranium, with this one pick you can give your portfolio exposure to most industrial commodities and to a natural-resource economy that’s likely to make the Australian dollar...Buy ONEOK PARTNERS LP (OKS)
Investors who were worried that a bad quarter would lead ONEOK PARTNERS (OKS) to cut its dividend got reassurance in the first quarter of 2009. Adjusted earnings before interest, taxes, depreciation, and amortization fell almost 12% from the first quarter of 2008 and...
Buy Middleby Corp (MIDD)
Sales keep growing—granted by just 13% in the first quarter of 2009 from the first quarter of 2008—and the company keeps on acquiring smaller competitors and then wringing efficiencies out of the combined operation. That’s what strong companies do in recessions:...Buy Enbridge Inc (ENB)
Enbridge (ENB) is really two stories. There’s the company that owns the conventional oil and gas pipeline network that gathers natural gas from the Gulf of Mexico and then distributes it across the United States. And there’s the company that has built one of the...Buy Rayonier Inc (RYN)
Two legs of Rayonier’s (RYN) business are taking a beating in the current collapse of the housing business but the third is delivering surprising growth. In the first quarter of 2009 timber sales were down by 27% from the first quarter of 2008 and real estate sales...Buy Deere & Co (DE)
Another quarter (Q2, announced in mid-May 2009), another depressing take on demand for Deere’s (DE) agricultural and construction machinery. On the farm equipment front, the problem isn’t in North America, where sales fell just 4% from the first quarter of 2008, but...Buy Rayonier (RYN)
Rayonier (RYN) is more diversified than it looks, which protects the high dividend payout from this real estate investment trust (REIT) when times are tough. The company sells timber, a good business when construction is booming but not so good now. It also sells...
Buy Oneok Partners (OKS)
Like Enbridge Energy Partners, Oneok Partners (OKS) has been on an expansion binge. But this company’s efforts have centered on the under-served Rockies. The Overland Pass Pipeline project came online in November 2008. This year the company has added the Arbuckle...Jim’s Daily Email Alerts:
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