STOCK ALERT: WHAT`S HOT TODAY
Stock Alert: What's Hot Today
Do you want to invest in stocks right now? Well, you might want to consider today’s top picks.
Trading at 49 times earnings, above the industry average, Cantel Medical Corp. is a recession-proof and has been expanding organically and inorganically since its incorporation in 1963. The company is well-positioned medical equipment firm operating in the following sectors: endoscopy, dialysis, healthcare disposables, and water purification.
CMN, which recorded a revenue of $565 million and net income of $48 million in 2014, has gained 55.88% over the last year. The company has also raised $59.07 million in operational cash flow over the previous 12 months. But CMN, with a debt-to-equity ratio of 0.19, has minimal analyst coverage.
Founded in 1963, CVS Health Corporation is trading at 24 times earnings, the sector average. The retail company is aware of the emergence of health-conscious consumers and has placed itself well for this trend. Over the previous year, the company has appreciated 25.84% and yields 1.41% as of present. Operational cash flow was $8.09 billion over the last 12 months. With a debt-to-equity ratio of 0.35, CVS recorded a revenue of $139 billion and net income of $4.6 billion in 2014.
The firm has managed to grow revenue and profits and halted tobacco sales at the same time. Expect CVS to add minute clinics and continue purchasing generic drugs at discounts due to its partnership with Cardinal Health, Inc. Also, it has acquired Target Corp.’s pharmacies for $1.9 billion.
Snyder’s-Lance, Inc.’s stock has not become much popular since its inception in 1912, with approximately 190,000 shares are traded daily over the last three months. In turbulent markets, processed and packaged foods industry is a resilient sector. Not to mention the company is located in North Carolina, meaning Snyder’s-Lance need not to deal with the US dollar’s strength.
Over the last 12 months, its stock has appreciated 34.63%, on top of an additional 1.89% dividend yield. The company, which recorded a revenue of $1.75 billion and net income of $192.6 million in 2014, has also rendered consistent top line and bottom line growth in the previous three fiscal years.
Stericycle, Inc., being in the business of collecting and processing specialized waste for disposal, trades at 41 times earnings, higher than the industry average. The company is aligned with the green movement and its services are in high demand.
The company is expanding inorganically as it has acquired Shred-It recently. Hence, Stericycle expects its earnings per share to grow 10% by 2016. Established in 1989, its stock has appreciated 23.28% over the previous year. Stericycle has a debt-to-equity ratio of 0.84 and has earned $388.81 million in operational cash flow over the last 12 months. It also recorded a revenue of $2.6 billion and net income of $326 million in 2014.
*All figures as of October 5, 2015