• This Electrical Business Looks Like a Good Buy

    By Anh HOANG - August 12, 2013 | Tickers: ABB, EMR, RBC

    Regal Beloit (NYSE: RBC) has dropped significantly on the market, from around $84.70 per share in March to only around $67 per share currently. Since the beginning of the year, Regal Beloit's share price has decreased 4.75%, while the S&P 500 gained nearly 19% during the same period. Famous investors Chuck Royce and Joel Greenblatt reduced their positions in Regal Beloit significantly in the first quarter more »

  • 3 Equipment Manufacturers to Watch

    By Shweta Dubey - July 29, 2013 | Tickers: AOS, NJ, RBC

    According to MarketLine, the global electric equipment market is expected to expand 4% per year from 2010-2015 and is expected to reach $220 billion by 2015. The economic downturn affected the industrial equipment industry, but with the recovery and increase in economic activities, the demand for industrial products has boosted. Housing recovery, high orders from auto companies, and the growing manufacturing sector are the main drivers of this growth. Let more »

  • Can This Stock Keep Lighting Up Your Portfolio?

    By Lee Samaha - July 10, 2013 | Tickers: AYI, CREE, RBC

    North America's leading lighting company, Acuity Brands (NYSE: AYI), delivered another good set of results for its recent third quarter, and spoke about its markets picking up.The stock offers a ‘back door’ way to play the increasing usage of LEDs in lighting solutions.If you like the construction industry and energy-efficient lighting, then Acuity could be a stock for you. Its prospects look positive, but is that enough more »

  • This Electric Company Is a Good Buy

    By Anh HOANG - July 1, 2013 | Tickers: ABB, EMR, RBC

    Recently, Regal Beloit Corporation (NYSE: RBC) shares have experienced a significant drop from $84 in the middle of May to only $64.50 at the time of writing. While Citigroup downgraded the stock from “neutral” to “sell,” Credit Suisse and Barrington Research upgraded the stock to “outperform.” Investment gurus including Chuck Royce and Joel Greenblatt both reduced their holding in the company significantly as of March 2013. Is Regal Beloit more »

  • Is the Loonie Really Set to Fly South?

    By Robert Baillieul - June 17, 2013 | Tickers: FXC, EWC, RBC

    O' Canada!

    The consensus has turned against the the Great White North as the number of hedge funds betting against the country continues to grow. But the trade is getting crowded and recent economic data should cause the bears to reconsider their thesis.

    The great white short

    The bear thesis against Canada is pretty simple.

    1. Slowing growth in emerging markets will put a drag on commodity prices 
    2. The over-indebted Canadian more »
  • Is This Stock Going to Light up Your Portfolio?

    By Lee Samaha - April 7, 2013 | Tickers: AYI, LOW, RBC

    Anyone looking at the North American construction sector will be interested in what Acuity Brands (NYSE: AYI) had to say about the current state of markets. As a lighting manufacturer and distributor it is somewhat late cycle in the construction phase, but in general the commentary was positive and its revenues came in better than expected. So is this the green light for the construction sector and Acuity?

    Acuity’s more »

  • The Pick of the Engineering Sector?

    By Lee Samaha - February 10, 2013 | Tickers: CMI, EMR, RBC

    The market has been in bullish mood recently, and much to the chagrin of those of us with a contrarian persuasion it’s becoming ever harder to find anything that doesn’t have optimism already priced in. With that said, there are always stocks with some evaluation upside, and I think Regal Beloit (NYSE: RBC) is worth a look. In summary it is a highly cash generative company with a more »

  • This Activist Fund Has Doubled Down On Timken

    By Marshall Hargrave - January 28, 2013 | Tickers: ITW, KDN, ROLL, RBC, TKR

    Per an amended 13D SEC filing last week, Relational Investors has upped its stake of Timken (NYSE: TKR) to 7 million shares, or 7.3% of the company. According to Relational's third quarter 13F filing, the fund owned only 3.2 million Timken shares, making it its 15th largest holding. In a 13D filing during late November, Relational had its stake up to only 5.89 million shares. By more »
  • Royce & Associates Has Been Buying This Small-Cap Stock

    By Meena Krishnamsetty - January 7, 2013 | Tickers: ENS, XIDEQ, LFUS, NJ, RBC

    Royce & Associates now owns 2.7 million shares of EnerSys (NYSE: ENS), according to a recent 13G filed with the SEC. This is up from 2.5 million shares at the beginning of October (find more stocks Royce owned at the time) and gives the fund 5.5% of the total shares outstanding. Royce & Associates, managed by Chuck Royce, tends to focus on taking relatively large percentage stakes in small-cap more »