Emerging-market stocks capped the biggest weekly advance in nine months and bond yields slumped as China�� cash crunch eased. India�� rupee rose the most since September, extending its rebound from a record low.
The MSCI Emerging Markets Index rose 2.3 percent to 940.33, extending its rally for the week to 4.4 percent. Industrial & Commercial Bank of China Ltd. and PetroChina Co. (601857), which have the two biggest weightings on the Shanghai Composite Index (SHCOMP), gained the most since 2010. India�� rupee added 1.4 percent, while the nation�� bonds jumped the most in a year. The premium investors demand to own emerging-market debt over U.S. Treasuries slid for a fourth straight day, according to JPMorgan Chase & Co.
China�� money-market rates fell and speculation grew that the government will ease financing for developers to alleviate a credit crunch. Central bank governor Zhou Xiaochuan said the nation will maintain market stability, his first comment since a record cash crunch that spurred concern growth will ease.
10 Best Stocks To Invest In 2014: China Zenix Auto International(ZX)
China Zenix Auto International Ltd. , an investment holding company, engages in the research, development, production, and sale of commercial vehicle wheels to after market and original equipment manufacturer market in the People?s Republic of China. It offers approximately 80 series of tubed steel wheels, 70 series of tubeless steel wheels, and 80 series of off-road steel wheels. The company markets its products under Zhengxing, Zhengxing Prince, Haixia, Zhengchang, Lianxing, and CZX brands. China Zenix Auto International Ltd. sells its products directly and through distributors. It also exports its products to 30 countries worldwide, including Indonesia, Malaysia, and Thailand. The company was formerly known as Richwheel Limited and changed its name to China Zenix Auto International Ltd. in November 2010. The company was founded in 2003 and is headquartered in Zhangzhou, China.
10 Best Stocks To Invest In 2014: Wipro Ltd (WIPRO)
Wipro Limited (Wipro) is a global information technology (IT), services company. Wipro provides a range of IT services, software solutions and research and development services in the areas of hardware and software design to companies worldwide. It uses its development centers located in India and worldwide, quality processes and global resource pool to provide IT solutions and deliver time-to-market and time-to-development advantages to its clients. It also provides business process outsourcing (BPO) services. The Company operate in three segments: IT Services business segment, IT Products business segment and Consumer Care and Lighting business segment. On June 10, 2011, it acquired the global oil and gas information technology practice of the Commercial Business Services Business Unit of Science Applications International Corporation Inc. along with 100% interest in SAIC Europe Limited and SAIC India Private Limited. In June 2013, the Company acquired a minority stake in Axeda Corp.
Harleysville Group Inc., through its subsidiaries, engages in the property and casualty insurance business primarily in the eastern and midwestern United States. It underwrites personal and commercial property and casualty coverages, including automobile, homeowners, commercial multi-peril, and workers compensation. The company markets its insurance products through independent agents to individuals, and small and medium-sized businesses. Harleysville Group Inc. was founded in 1979 and is based in Harleysville, Pennsylvania. Harleysville Group Inc. operates as a subsidiary of Harleysville Mutual Insurance Company.
10 Best Stocks To Invest In 2014: Bunzl(BNZL.L)
Bunzl plc distributes non-food consumable products in the Americas, Europe, and Australasia. The company provides food packaging, films, labels, counter-service packaging, foodservice disposables, take-out food packaging, first aid products, point of purchase displays, stationery, bags, and cleaning and hygiene supplies to grocery stores, supermarkets, retail chains, convenience stores, food wholesalers, ethnic grocers, and organic food outlets. It also offers non-food consumables, such as food packaging, napkins, disposable tableware, food service disposables, guest amenities, light and heavy catering equipment, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and the leisure sector, as well as to food processors and packers. In addition, the company supplies cleaning and hygiene materials comprising cleaning systems, floor care items, hand cleansing products, hygiene paper, janitorial products, cleaning machines, mops, polishes, protectiv e clothing, and washroom chemicals to facilities management companies, contract cleaners, and other industrial and healthcare customers; and personal protection equipment, such as footwear, gloves, safety helmets, work wear, harness equipment, tools, safety signs, and traffic management and ancillary site equipment, as well as ear, eye, respiratory, and face protection products. Further, it provides non-food retail products; and disposable healthcare consumables, such as gloves, aprons, bandages, facemasks, gowns, headwear, mattress covers, overshoes, procedure packs, tapes, wipes, incontinence products, and swabs for hospitals, retirement and nursing homes, and doctors? surgeries and clinics; and various products for the government and education sectors. Additionally, the company offers outsourcing solutions, such as redistribution services for janitorial distributors, foodservice broadliners, and other distributors. Bunzl plc was founded in 1940 and is based in London, th e United Kingdom.
10 Best Stocks To Invest In 2014: Rockridge Capital Corp (RRC.V)
Rockridge Capital Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Africa. It holds a 100% interest in the Fatou gold project that covers an area of approximately 250 square kilometers in southern Mali, west Africa. The company was founded in 2007 and is based in Vancouver, Canada.
10 Best Stocks To Invest In 2014: Hi-p International Limited (H17.SI)
Hi-P International Limited provides design, electromechanical parts, modules, and product manufacturing services to customers in telecommunications, consumer electronics, computing and peripherals, lifestyle, medical, industrial devices, and automotive markets. The company primarily engages in the design and fabrication of mold; precision plastic injection molding; assembly; and precision metal stamping, as well as offering ancillary value-added services, such as surface finishing services. It is also involved in the manufacture of molds and related housing appliance plastic components; plastic injection parts and components; plastic product modules; mold base and components; in-mold decoration lenses; electromechanical components; metal precision components; metal and nonmetal stamping, molds, and electric components; and molds and special tools, as well as provision of spray painting, engineering support, advisory, maintenance, and technology consultation services. In ad dition, the company engages in developing, designing, and manufacturing automated machinery and equipment; manufacturing, assembling, and trading flexible printed circuit boards and flexible rigid printed circuit boards; and manufacturing precision stamped metal components and precision tools, as well as designing and fabricating dies. It has operations primarily in the People's Republic of China, Singapore, Poland, the United States, and rest of the Americas. The company was founded in 1980 and is headquartered in Singapore.
10 Best Stocks To Invest In 2014: Rosetta Resources Inc.(ROSE)
Rosetta Resources Inc., an independent exploration and production company, engages in the acquisition, exploration, development, and production of onshore oil and gas resources in the United States. It owns producing and non-producing oil and gas properties located primarily in South Texas, including the Eagle Ford, and in the Southern Alberta Basin in Northwest Montana. As of December 31, 2011, the company had an estimated 965 billion cubic feet equivalent of proved reserves, including 36,370 million barrels of oil, 50,219 million barrels of natural gas liquids, and 446 billion cubic feet of natural gas, as well as drilled 53 net wells. Rosetta Resources Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Advisors' Opinion: - [By Monica Wolfe]
Rosetta Resources (ROSE)
FPA Capital's largest holding is in Rosetta Resources. Here the guru holds on to a total of 1,419,402 shares of the company�� stock which makes up for 9.7% of its total portfolio and 2.32% of the company�� shares outstanding.
10 Best Stocks To Invest In 2014: PMC Commercial Trust(PCC)
PMC Commercial Trust operates as a real estate investment trust (REIT). It primarily originates loans to small businesses, principally in the limited service hospitality industry, collateralized by first liens on the real estate of the related business. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders. PMC Commercial Trust was founded in 1993 and is headquartered in Dallas, Texas.
10 Best Stocks To Invest In 2014: SodaStream International Ltd.(SODA)
SodaStream International Ltd. engages in the development, manufacture, and marketing of home beverage carbonation systems and related products. Its home beverage carbonation systems enable consumers to transform ordinary tap water into carbonated soft drinks and sparkling water. The company offers a range of soda makers; exchangeable carbon-dioxide (CO2) cylinders; beverage-grade CO2 refills; reusable carbonation bottles; and various flavors comprising fruit, carbonated soft drink, and enhanced flavors to add to the carbonated water. It also sells additional accessories for its products, including bottle cleaning materials and ice cube trays manufactured by third parties. The company sells its products under the SodaStream and Soda-Club brand names through approximately 50,000 retail stores in 42 countries, as well as through the Internet; and distributes its products directly in 12 countries and indirectly through local distributors in other markets. It operates in Europe , North and Central America, Israel, South Africa, Australia, New Zealand, and east Asia. The company was formerly known as Soda-Club Holdings Ltd. and changed its name to SodaStream International Ltd. in March 2010. SodaStream International Ltd. is headquartered in Airport City, Israel.
Advisors' Opinion: - [By Rick Munarriz]
1. SodaStream will close higher on the week
It's time for SodaStream (NASDAQ: SODA ) to get busy with the fizzy. Shares of the Israeli company behind the popular beverage-making appliance soared earlier this summer when it became the subject of buyout chatter. The rumors have subsided, but now the stock is trading for less than it was when the frenzy began.
- [By Steve Symington]
Shares of SodaStream (NASDAQ: SODA ) popped more than 13% during intraday trading Tuesday after the company's investor day spurred upgrades from a number of analysts.
- [By Rick Munarriz]
2. SodaStream (NASDAQ: SODA )
The Israeli company behind the namesake soda-making system has made a big splash in the U.S. in recent years, but it's been toiling away in the U.K. for decades.
- [By Rick Munarriz]
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
8x8 (NASDAQ: EGHT ) moved higher after posting better-than-expected revenue growth in its latest quarter. The provider of PBX telephony, video conferencing, and other Web-based communication services did miss on the bottom line, but it was still another period of margin expansion and explosive earnings growth. SodaStream (NASDAQ: SODA ) popped to a fresh 52-week high last week after its well-received Analyst Day, but an analyst this week was feeling more flat than fizz on the company behind the carbonated beverage maker system. J.P. Morgan downgraded the stock but also boosted its price target from $56 to $70 to keep pace with the bubbly share price. Tesla Motors (NASDAQ: TSLA ) continues to do all of the right things. The electric-car maker on Wednesday wired a payment that zeroes out the federal loan it received four years ago. Tesla claims to be the first American company to fully repay its government loan, but Chrysler disputed the claim. Take it outside, you two.
10 Best Stocks To Invest In 2014: NovaCopper Inc (NCQ)
NovaCopper Inc. (NovaCopper) is a base metals exploration company. The Company is focused on exploring and developing the Ambler mining district, which VMS deposits containing copper, zinc, lead, gold and silver and carbonate replacement deposits containing copper, cobalt and silver. The Company is engaged in the exploration and development of mineral properties including the Ambler Project located in Northwest Alaska. The Ambler Project consists of copper-zinc-lead-gold-silver exploration property located in the United States, including the Ambler property and the Bornite property. On October 24, 2011, NovaGold Resources Inc. transferred its ownership of NovaCopper US Inc. to NovaCopper Inc., a wholly owned subsidiary of NovaGold.