For a consumption based economy to grow, the median family spending money must continue to grow. The disposable income headlines misleadingly infer income is growing.
There are facts, and then there are facts. The headline numbers from the U.S. Census, Bureau of Labor Statistics and Bureau of Economic Analysis are either gross numbers for the entire economy or the gross number divided by the population (per capita). When you view this headline data, either you believe the average person is doing better - or you feel the government is lying because you and everyone around you are worse off.
Chart 1 - Per Capita Real Disposable Income(click to enlarge)
In a consumption based economy, the amount of money in the hands of the consumer is the economic driver. If consumers are flooded with money, often they will buy the best car. If the consumers are poor, they will buy the cheapest car and only when necessary.
Top 10 Railroad Companies To Buy Right Now: Libbey Inc (LBY)
Libbey Inc. (Libbey), incorporated in 1987, is a producer of glass tableware products in the Western Hemisphere, in addition to supplying to key markets throughout the world. The Company produces glass tableware in five countries and sells to over 100 countries. It operates in two segments: Glass Operations and Other Operations. Glass Operations includes worldwide sales of manufactured and sourced glass tableware and other glass products from domestic and international subsidiaries. Other Operations includes worldwide sales of sourced ceramic dinnerware, metal tableware, hollowware and serveware and plastic items. It design and market, under its Libbey, Crisa, Royal Leerdam, World Tableware, Syracuse China and Crisal Glass brand names. The Company�� import and market ceramic dinnerware under the Syracuse China brand name through its subsidiary Syracuse China Company (Syracuse China).
Through its subsidiary B.V. Koninklijke Nederlandsche Glasfabriek Leerdam (Royal Leerdam), the Company manufactures glass stemware under the Royal Leerdam brand name. Through its subsidiary Crisal-Cristalaria Automatica S.A. (Crisal), the Company manufactures glass tableware in Portugal for its worldwide customer base. Through its World Tableware Inc. (World Tableware) subsidiary, the Company imports metal flatware, hollowware, serveware and ceramic dinnerware for resale.
The Company�� glass tableware includes tumblers, stemware, including wine glasses, mugs, bowls, ashtrays, bud vases, salt and pepper shakers, shot glasses, canisters, candleholders and various other items. Libbey Holland produces stemware. Libbey Portugal produces glass tableware, mainly tumblers, stemware and glassware accessories. Libbey Mexico's glass tableware product assortment also includes glass bakeware and handmade glass tableware. In addition, Libbey Mexico's products include blender jars, washing machine windows and other glass products sold principally to original equipment manufacturers (OEMs). Through its Syrac! use China and World Tableware subsidiaries, the Company offers a range of ceramic dinnerware products. These include plates, bowls, platters, cups, saucers and other tableware accessories. Its World Tableware subsidiary provides an selection of metal flatware, including knives, forks, spoons and serving utensils. In addition, World Tableware sells metal hollowware, including serving trays, pitchers and other metal tableware accessories, as well as a line of dinnerware.
The customers for Libbey�� tableware products include approximately 500 foodservice distributors in the United States and Canada. In the retail channel, the Company sells to mass merchants, department stores, retail distributors, national retail chains and specialty housewares stores. In addition, the Company�� business-to-business channel primarily includes customers that use glass containers for candle and floral applications, gourmet food packaging companies, and various OEM applications. In Mexico, it sells to retail mass merchants and wholesale distributors, as well as candle and food packers, and various OEM users of custom molded glass. In Europe, it market glassware to retailers, distributors and decorators that service the retail, foodservice and developed business-to-business channel, which includes breweries and distilleries. In China, Libbey sells to distributors and wholesalers.
The Company competes with Arc International, Pasabahce, Anchor Hocking Company, Bormioli Rocco Group, Homer Laughlin, Oneida Ltd., Steelite and Walco, Inc.
Advisors' Opinion:- [By John Udovich]
On Wednesday, small cap kitchen stock Everyware Global Inc (NASDAQ: EVRY) surged 52.94% after announcing an amendment to extend its forbearance agreement with lenders until July 15 that could give the company�time to find a long-term financing solution���meanings its worth taking as closer look at the stock along with potential peers Libbey Inc (NYSEMKT: LBY) and Lifetime Brands Inc (NASDAQ: LCUT).
- [By John Udovich]
Everyone is familiar with�the Tupperware brand from�consumer products stock Tupperware Brands Corporation (NYSE: TUP) and you are probably familiar with the brands�of mid cap stock Jarden Corp (NYSE: JAH) along with small cap stocks Libbey Inc (NYSEMKT: LBY) and Lifetime Brands Inc (NASDAQ: LCUT); but what about the stocks themselves? Chances are, their brands or products are right under your nose at home and you probably don�� know anything about the mid cap or small cap stock behind them.
5 Best Cheapest Stocks To Own For 2014: Energizer Holdings Inc (ENR)
Energizer Holdings, Inc. (Energizer), incorporated on September 23, 1999, is the manufacturer and marketer of primary batteries, portable lighting and personal care products in the wet shave, skin care, feminine care and infant care categories. The Company manufactures and sells products in five product categories: wet shave, skin care, feminine care, infant care, battery and portable lighting products. On October 23, 2013, it completed the acquisition of the Stayfree pad, Carefree liner and o.b. tampon feminine hygiene brands in the United States, Canada and the Caribbean from McNeil PPC, Inc. and Johnson & Johnson, Inc., members of the Johnson & Johnson Family of Consumer Companies.
Personal Care
The Personal Care division includes wet shave products sold under the Schick, Wilkinson Sword, Edge, Skintimate and Personna brand names, skin care products sold under the Banana Boat, Hawaiian Tropic, Wet Ones and Playtex brand names, and feminine care and infant care products sold under the Playtex and Diaper Genie brand names globally. The Company manufactures and distributes Schick and Wilkinson Sword razor systems, composed of razor handles and refillable blades, and disposable shave products for men and women. The Company markets its wet shave products globally. The Company also manufactures, distributes and sells a complete line of private label and value-priced wet shaving disposable razors, shaving systems and replacement blades. These wet shave products are sold primarily under a retailer's store name or under value brand names such as Personna and GEM.
Household Products
Energizer's Household Products division manufactures and markets product portfolios in household batteries, specialty batteries and lighting products. In household batteries, the Company offers batteries using carbon zinc, alkaline, rechargeable and lithium technologies. The Company distributes its portfolio of household and specialty batteries and portable lighting products th! rough a global distribution network, which also provides a platform for the distribution of its personal care products.
The Company competes with Duracell International, Inc., Panasonic Corporation, Procter & Gamble Company, Bic Group, Kimberly-Clark Corp., Merck & Co., Inc. and Johnson & Johnson.
Advisors' Opinion:- [By John Udovich]
Small cap wireless charging stock Energous Corp (NASDAQ: WATT) had a spectacular IPO debut last Friday plus it rose another 39.41% today, meaning its worth taking a closer look at the stock along with the performance of a few other players in the wireless charger or charging niche like Qualcomm, Inc (NASDAQ: QCOM) and Energizer Holdings, Inc (NYSE: ENR). After all, wireless charging would eliminate the clutter of wires and charging devices surrounding everyone�� desk, workspace or home. Moreover, a 2011 article�in the Independent.co.uk quoted an analyst at�IHS as saying the wireless charging market would rise from $123.9 million in 2010 to reach $885.8 million in 2011 and then�grow exponentially in 2012 when revenue�was expected to increase by 276%. By 2015, market growth was expected to ease to 48% as revenue from wireless charging devices hits the $23.7 billion level.� ���
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Energizer Holdings (NYSE: ENR ) , whose recent revenue and earnings are plotted below.
5 Best Cheapest Stocks To Own For 2014: Revett Mining Company Inc (RVM)
Revett Mining Co Inc, formerly Revett Minerals Inc., is a silver-copper producer. The Company owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Troy is an underground copper and silver mine. Rock Creek is a development-stage underground copper and silver project. Revett Silver owns all of Troy and Rock Creek through two wholly owned Montana subsidiaries, Troy Mine Inc. and RC Resources Inc., respectively. Rock Creek is located in Sanders County, Montana, approximately 5 miles northeast of the town of Noxon. The Troy Mine is located in Lincoln County, Montana. During the year ended December 31, 2011, RC Resources Inc. acquired eight claims (the JE claims) and staked an additional 200 claims (the Lost Girl claims) northwest of Rock Creek increasing the property position at Rock Creek by approximately 4,000 acres. Advisors' Opinion:- [By James E. Brumley]
If you've never heard of Revett Minerals Inc. (NYSEMKT:RVM) before right now, don't worry about it - you're not alone. The $25 million silver and copper miner doesn't have enough size to merit much media attention, and to make things more difficult, silver and miner has spent the better part of 2013 being out of favor. Yet, things are slowing changing for RVM and its shareholders.... for the better. Though a little more work needs to be done, this stock's knocking on the door of a monster breakout.
5 Best Cheapest Stocks To Own For 2014: Reclaim Industries Ltd (RCM)
Reclaim Industries Limited is engaged in the manufacture of recycled rubber and its associated products. The principal activities of the Company include rubber recycling and manufacturing to convert used rubber tires into commercially surfacing, molded and granule products for a range of industries in both domestic and international markets. The Company operates in three segments: collections, manufacturing and sales. Collections, which is engaged in the pickup of tires from customers. Manufacturing, which is the processing of tires into rubber granule or baled tires. Sales, which is engaged in the laying of the rubber soft-fall surfaces or selling of rubber crumb and associated products to wholesale markets. Advisors' Opinion:- [By Holly LaFon]
Whitney George is Director of Investments, Managing Director, and a Portfolio Manager of Royce & Associates, LLC, investment advisor to The Royce Funds. He serves as portfolio manager for Royce Premier Fund (RPR), Royce Low-Priced Stock Fund (RLP), Royce Global Value Fund (RGV), Royce SMid-Cap Value Fund (RSV), and Royce Focus Trust (FUND). He also serves as assistant portfolio manager for Royce Micro-Cap Fund (RMC), Royce Value Fund (RVV), Royce Value Plus Fund (RVP), Royce Focus Value Fund (RFV), and Royce Capital Fund ��Micro-Cap Portfolio (RCM). Mr. George's thoughts in this interview concerning the stock market are solely his own and, of course, there can be no assurance with regard to future market movements.
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