One day many years ago, I found myself stuck in traffic and noticed a peculiar sign. It said something about the construction that was going on — the very thing that was hampering my commute.
It said all this construction was being funded by a bond. This was before I had ever started my career in finance, so bonds were an unfamiliar thing. But when I began my investment career, I soon realized that I could actually invest in these things. And the more I learned, the more I was ecstatic.
After all, If you can’t beat ’em, might as well make money off them…
You see, these types of bonds have a name — general obligation bonds — a type of municipal, or “muni” bond for short. These bonds are used for everything from helping fund road construction to building schools, bridges, water infrastructure and other public buildings. As I became more familiar with municipal bonds, I quickly became a fan. In fact, in my experience, muni-bonds are one of the safest ways for investors to earn income in today’s market — while also beating the tax man. (More on that in a moment.)
Best Safest Stocks To Own For 2023: NINTENDO CO LTD(NTDOY)
Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and distributes electronic entertainment products in Japan, the Americas, Europe, and internationally. It offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software. The company was formerly known as Nintendo Playing Card Co., Ltd. and changed its name to Nintendo Co., Ltd. in 1963. Nintendo Co., Ltd. was founded in 1889 and is headquartered in Kyoto, Japan.
Advisors’ Opinion:
- [By ]
Turtle Beach boasts the number one gaming headset for Nintendo (NTDOY), Microsoft's (MSFT) Xbox and Sony's (SONY) Playstation systems and holds revenue share bigger than the next four largest competitors combined. The company's Roccat product line is expanding on a global basis, and sales tripled in the first half of this year. Another growth catalyst comes from the company's January acquisition of Neat Microphones, which is launching a new product line in 2021.
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Amidst the riff-raff, some of the biggest, most respected foreign companies in the world list their U.S. shares over-the-counter instead of on the major U.S. exchanges. Here, you’ll find shares of The Industrial & Commercial Bank of China Ltd. (IDCBY), which happens to be the biggest bank in the world. You also can buy shares of Switzerland’s Nestlé (NSRGY), the largest food company in the world; China’s Tencent (TCEHY), one of the country’s largest internet service providers; and Japanese gaming giant Nintendo (NTDOY).
Best Safest Stocks To Own For 2023: Universal Stainless & Alloy Products, Inc.(USAP)
Universal Stainless & Alloy Products, Inc., incorporated on June 27, 1994, and its subsidiaries, manufacture and market semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. The Company’s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. The Company’s products are sold to service centers, forgers, rerollers, original equipment manufacturers (OEMs) and wire redrawers. The Company also performs conversion services on materials supplied by customers. The Company’s customers further process its products for use in a range of industries, including the aerospace, power generation, oil and gas, heavy equipment and general industrial markets. It also performs conversion services on materials supplied by customers. It operates in four locations: Bridgeville and Titusville, Pennsylvania; Dunkirk, New York, and North Jackson, Ohio.
The Company produces a range of specialty steel grades using various manufacturing processes, including argon oxygen decarburization (AOD), electro-slag remelted (ESR), vacuum induction melting (VIM) and vacuum-arc remelted (VAR). At its Bridgeville and North Jackson facilities, it produces specialty steel products in the form of semi-finished and finished long products (ingots, blooms, billets and bars). In addition, the Bridgeville facility produces flat rolled products (slabs and plates). Its semi-finished long products are used by its Dunkirk facility and certain customers to produce finished bar, rod, wire and plate products. Finished bar products that it manufactures are used by OEMs and by service center customers for distribution to a range of end users. It also produces customized shapes for OEMs that are cold rolled from purchased coiled strip, flat bar or extruded bar at its precision rolled products department, located at its Titusville facility.
The Company manufactures its products within the product lines, including Stainless Steel, High-Strength Low Alloy Steel, Tool Steel and High-Temperature Alloy Steel. Its stainless steel is used in applications, such as aerospace, oil and gas, power generation and automotive industries, as well as in the manufacturing of equipment for food handling, health and medical, chemical processing and pollution control. Its tool steels contain elements of manganese, silicon, chrome and molybdenum to produce specific hardness characteristics that enable tool steels to form, cut, shape and shear other materials in the manufacturing process. Its tool steels are utilized in the manufacturing of metals, plastics, paper and aluminum extrusions, pharmaceuticals, electronics and optics. Its High-strength low alloy steels and High-temperature alloy steels are manufactured for use in the aerospace industry.
Advisors’ Opinion:
- [By Max Byerly]
Universal Stainless & Alloy Products (NASDAQ:USAP) and EVRAZ (OTCMKTS:EVRZF) are both basic materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, earnings, risk and institutional ownership.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Universal Stainless & Alloy Products (USAP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Universal Stainless & Alloy Products (NASDAQ: USAP) and SUMITOMO Corp/S (OTCMKTS:SSUMY) are both basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, valuation, institutional ownership, risk, dividends, earnings and analyst recommendations.
- [By Max Byerly]
Get a free copy of the Zacks research report on Universal Stainless & Alloy Products (USAP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Safest Stocks To Own For 2023: 12 RETECH CORPORATION(RETC)
12 ReTech Corporation, together with its subsidiaries, develops, installs, and sells software for shoppers and retailers in the United States. Its platform includes 12Mirror, an in-store application, which recognizes clothes worn by a person in reflection and takes pictures that are downloadable by the user and sharable via social media; 12Kiosk, an in-store application, used for browsing and obtaining information about consumers and products, as well as placing orders and checking out; 12Mobile, a mobile app, used for browse products, place orders, and share products with other members and make new friends; and 12Desktop, an e-commerce website that can be developed upon request. The company also operates retail stores in airport terminals and casinos under the Bluwire brand; sells fashionable apparel under the Rune NYC, Social Sunday, and Red Wire Design brands; and produces women's clothing products. 12 ReTech Corporation is based in Phoenix, Arizona.
Advisors’ Opinion:
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12 ReTech (OTCMKTS:RETC) and RumbleON (NASDAQ:RMBL) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.
Best Safest Stocks To Own For 2023: BankUnited, Inc.(BKU)
BankUnited, Inc., incorporated on April 28, 2009, is the bank holding company of BankUnited, National Association (the Bank). The Bank provides a range of banking services to individual and corporate customers through approximately 100 branches. The Bank also provides commercial lending products on a national platform.
Lending Activities
The Company offers a range of lending products, including small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal loans and leases, commercial lines of credit, letters of credit and consumer loans. It also purchases performing residential loans through established correspondent channels on a national basis. The Company’s loan portfolio includes approximately $15.8 billion in loans originated or purchased, or new loans, including approximately $12.8 billion in commercial and commercial real estate loans, approximately $2.9 billion in residential loans and over $35 million in consumer loans. The Company’s commercial loans, which are made to growing companies and middle-market businesses, include equipment loans, secured and unsecured commercial and working capital lines of credit, formula-based loans, mortgage warehouse lines, taxi medallion loans, letters of credit, Small Business Administration (SBA) product offerings and business acquisition finance credit facilities. The Company offers term financing for the acquisition or refinancing of properties, rental apartments, mixed-use commercial properties, industrial properties, warehouses, retail shopping centers, free-standing single-tenant buildings, office buildings and hotels. Other products that it provides include real estate secured lines of credit, acquisition, development and construction loan facilities and construction financing.
The Company makes commercial real estate loans secured by both owner-occupied and non-owner occupied properties. Through the Bank’s commercial lending subsidiaries, it provides municipal and equipment financing on a national basis. Pinnacle Public Finance, Inc. (Pinnacle) offers essential use equipment financing to municipalities through both loan and direct finance lease structures. United Capital Business Lending, Inc. (UCBL) offers small business equipment leases and loans with a focus on franchise equipment finance. Bridge Capital Leasing, Inc (Bridge) provides transportation equipment finance through loan, direct finance lease and operating lease structures. The Company’s portfolio of one- to four-single family residential loans includes approximately $2.4 billion of purchased loans and approximately $475 million of originated loans. It offers consumer loans to its customers for personal, family and household purposes, including auto, boat and personal installment loans. The Company services SBA loans originated and sold into the secondary market. The Company’s total loans are approximately $16.6 billion.
Investment Activities
The Company’s investment securities are classified as investment securities available for sale and investment securities held to maturity. Its investment securities available for sale include the United States treasury securities, the United States Government agency and sponsored enterprise residential mortgage-backed securities, the United States Government agency and sponsored enterprise commercial mortgage-backed securities, resecuritized real estate mortgage investment conduits, private label residential mortgage-backed securities and collateralized mortgage obligations, private label commercial mortgage-backed securities, single family rental real estate-backed securities and collateralized loan obligations, among others. Its total investment securities available for sale are approximately $4.8 billion. Its investment securities held to maturity consists of a State of Israel bond with a carrying value of over $10 million.
Sources of Funds
The Company’s sources of funds include management fees and dividends from the Bank, access to public debt and capital markets and available for sale securities portfolio. It offers deposit products, including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with various terms and rates. The Company’s total deposits are approximately $16.9 billion.
The Company competes with Bank of America, BB&T, BBVA Compass, HSBC, JPMorgan Chase, PNC, Regions Bank, Santander, Sabadell, SunTrust Banks, TD Bank, Wells Fargo, Capital One, Signature Bank, New York Community Bank, Valley National and M&T Bank.
Advisors’ Opinion:
- [By Shane Hupp]
Shares of BankUnited (NYSE:BKU) have received an average rating of “Hold” from the thirteen research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $40.70.
- [By Peter Graham]
1) Mid cap BankUnited, Inc (NYSE: BKU) seems well positioned to cash in on the migration from high tax states to Florida. With total assets of $32.2 billion at December 31, 2018, the Miami Lakes based bank has 80 banking centers in 15 Florida counties and 5 banking centers in the New York metropolitan area.
- [By Shane Hupp]
Get a free copy of the Zacks research report on BankUnited (BKU)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
BankUnited (NYSE:BKU) announced a quarterly dividend on Tuesday, September 25th, Wall Street Journal reports. Stockholders of record on Tuesday, October 16th will be given a dividend of 0.21 per share by the financial services provider on Wednesday, October 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Monday, October 15th.
