Top 5 Performing Stocks To Buy Right Now


MDU Resources Group, Inc.’s (MDU Quick QuoteMDU ) two-platform business model, strategic acquisitions, capital investments in the electric and natural gas utility, and an increasing backlog are helping the utility fortify its existing operations. Also, the company has enough liquidity to meet its near-term obligations.

Shares of the presently Zacks Rank #2 (Buy) company have gained 30.6%, outperforming the industry’s rally of 20.9% in the past year. The utility’s long-term (three to five years) earnings growth rate is pegged at 6.94%.

One-Year Price Performance

Image Source: Zacks Investment Research

What’s Boosting the Stock?

MDU Resources’ two-platform business structure comprising the regulated energy delivery arm, and the construction materials and services unit includes different operating segments. This strategy supports in balancing out the industry-related seasonality risks that erode demand.


After spending $648 million in 2020, the utility spent $283.2 million in the first half of 2021. However, it reduced its investment plans to $806 million from $810.5 million in the ongoing year. It aims to spend $3,027 million during the 2021-2025 forecast period, which will increase the reliability of its services and enable it to cater to a growing customer base, effectively. The company expects its rate base to see a 5% CAGR over the next five years.

At the end of the June quarter, backlog for construction materials stood at $912 million while that of the construction services business was $1.32 billion. In the first quarter of 2021, the construction materials business acquired Mt. Hood Rock to expand its aggregates operation in Portland and also got the permission to extend its activities at a Texas aggregate quarry.


As of Jun 30, 2021, the utility had cash and cash equivalents worth $58 million and an available borrowing capacity of $611.8 million under its outstanding credit facilities. This shows that the company currently has sufficient liquidity to meet its near-term debt obligations.

Top 5 Performing Stocks To Buy Right Now: First Bancorp(FBNC)

First Bancorp operates as the bank holding company for First Bank that provides various banking services to individuals and small to medium-sized businesses. It offers deposit products, such as checking, savings, NOW, and money market accounts, as well as time deposits comprising certificates of deposits and individual retirement accounts. The company also provides loans for various consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement, and automobiles. In addition, First Bancorp offers credit cards, debit cards, letters of credit, safe deposit box rentals, bank money orders, and electronic funds transfer services consisting of wire transfers. Further, the company provides Internet banking, mobile banking, cash management, and bank-by-phone capabilities, as well as access to automated teller machines. Additionally, it engages in the placement of property and casualty insurance products. As of November 22, 2011, First Bancorp operated 97 branches, including 82 branches in North Carolina, 9 branches in South Carolina, and 6 branches in Virginia; and 1 loan production office in Blacksburg, Virginia. The company was founded in 1934 and is headquartered in Troy, North Carolina.


Advisors’ Opinion:

  • [By Shane Hupp]

    ILLEGAL ACTIVITY WARNING: “Intrust Bank NA Takes $240,000 Position in First Bancorp (FBNC)” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at www.tickerreport.com/banking-finance/4163865/intrust-bank-na-takes-240000-position-in-first-bancorp-fbnc.html.

  • [By Ethan Ryder]

    First Bancorp (NASDAQ:FBNC) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on First Bancorp (FBNC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Bank of New York Mellon Corp cut its stake in First Bancorp (NASDAQ:FBNC) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,183 shares of the financial services provider’s stock after selling 4,992 shares during the quarter. Bank of New York Mellon Corp owned about 0.65% of First Bancorp worth $7,903,000 as of its most recent SEC filing.

Top 5 Performing Stocks To Buy Right Now: Futu Holdings Limited(FUTU)


Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program. It also offers online wealth management services under the Futu Money Plus brand, which gives access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. In addition, the company provides initial public offering subscription and employee share option plan solution services to corporate clients under the Futu I&E brand; and services, including trade execution, as well as margin financing and securities lending, which allow its clients to trade securities, such as stocks, ETFs, warrants, options and futures, across different markets. Futu Holdings Limited was founded in 2007 and is headquartered in Hong Kong, Hong Kong.


Advisors’ Opinion:

  • [By ]

    Futu Holdings  (FUTU) : “The Chinese stocks are going to rally and when they do you need to sell.”

    Amyris  (AMRS) – Get Report: “That looks like a junior International Flavors and Fragrances  (IFF) – Get Report so why not buy IFF?”

Top 5 Performing Stocks To Buy Right Now: International Tower Hill Mines Ltd(THM)

International Tower Hill Mines Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada and the United States. It holds or has rights to acquire ownership or leasehold interests in the Livengood Gold Project that covers approximately 19,546 hectares located to the northwest of Fairbanks, Alaska. The company was formerly known as Tower Hill Mines Ltd. and changed its name to International Tower Hill Mines Ltd. in March 1991. International Tower Hill Mines Ltd. was founded in 1978 and is headquartered in Vancouver, Canada.


Advisors’ Opinion:

  • [By ]

    And yet, Buffett reversed course in Q1 2021. In addition to booting Suncor Energy (SU) from the portfolio, Berkshire jettisoned a little more than half of its CVX position, unloading 24.8 million shares. He followed that up by dropping another 550,000 or so shares, or 2%, in Q2, to bring the position down to 23.1 million shares.

  • [By Max Byerly]

    TRADEMARK VIOLATION NOTICE: “Polar Capital LLP Has $67.97 Million Stake in Suncor Energy Inc. (SU)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at www.tickerreport.com/banking-finance/4218874/polar-capital-llp-has-67-97-million-stake-in-suncor-energy-inc-su.html.

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