Tag: THO

Labor Day Stocks: Made in the USA Companies

by Fred Fuld III

Are you looking for a unique way to celebrate labor day? How about investing in stocks of companies based in the United States, and has their manufacturing in the US also.

Unfortunately, there are not many to pick from, but there are a few which do most or all of their manufacturing domestically.

Weber Inc. (WEBR) manufactures all but one of their latest models in Palatine, Illinois. All non-gas Weber grills are assembled at the company’s headquarters in Palatine, Illinois, but globally sourced components are used. The stock just went public a month ago.
Thor Industries, Inc. (THO) makes Airstream Trailers at the company’s plant in Jackson Center, Ohio. The stock has a price to earnings ratio of 12 and offers a dividend yield of 1.43%.
Herman Miller, Inc. (MLHR) makes its high quality furniture in Zeeland, Michigan. The stock has a P/E ratio of 15 and pays a yield of 1.76%.
Smith & Wesson Brands, Inc. (SWBI) has manufacturing facilities at its headquarters i Springfield, Massachusetts as well as Maine and Tennessee. The stock trades at four times earnings and sports a yield of 1.45%.
Harley-Davidson, Inc. (HOG) based in Milwaukee, does almost all of its manufacturing in the U.S. with a very small amount of production overseas. The stock has a P/E of 12 and yields 1.53%.
Intel (INTC) currently produces more than 75 percent of its microprocessors in the U.S.  The stock trades at 12 times earnings and pays a yield of 2.6%.
Surprisingly, or maybe not surprisingly, almost all these companies pay a dividend. Go USA!
Disclosure: Author owns SWBI and HOG.

Top Tax Selling Stocks: Bargains for a Possible Bounce in January

by Fred Fuld III

You may be wondering what a tax selling stock is. It is a stock that is currently selling for a low price but was trading at much higher levels earlier in the year.

As the year-end approaches, many investors employ the technique called tax harvesting , which is the selling of loser stocks to offset any gains that may have been established during the year.

With all the heavy selling, the price of the stocks that have had big drops tends to tank far more than what would normally take place during the rest of the year.

So traders and investors are on the lookout for stocks that are heavily hit, hoping for a little (or big) bounce in January, once the tax selling is over.

So if you are looking for these types of stocks, here is a selection of some that have dropped by over 75% year-to-date. They all have low market capitalizations so they should be considered speculative, as the market caps are all less than $800 million. However, all of these have a price to earnings ratio of less than 12 and all have a price sales ratio less than one.

Company Symbol Market Cap P/E Price
Francesca’s Holdings Corp. FRAN 45.86M 11.81 1.04
Ferroglobe PLC GSM 334.56M 4.15 1.81
Iconix Brand Group, Inc. ICON 9.41M 0.29 0.12
MiMedx Group, Inc. MDXG 190.98M 5.53 1.55
OncoMed Pharmaceuticals, Inc. OMED 31.76M 6.08 0.81
United Natural Foods, Inc. UNFI 788.58M 4.09 11.09
Ultra Petroleum Corp. UPL 189.41M 1.36 0.92

If the above stocks are too speculative for you, here are some stocks that are down over 50% year-to-date and have market caps in excess of $2 billion. They all have P/E ratios less than 14, and a price sales ratio of less than one.

Company Symbol Market Cap P/E Price
CommScope Holding Company, Inc. COMM 3.39B 13.91 16.89
Mohawk Industries, Inc. MHK 8.96B 9.65 117.02
Owens Corning OC 4.83B 10.78 43.44
Spectrum Brands Holdings, Inc. SPB 2.43B 4.66 45.81
Thor Industries, Inc. THO 2.79B 6.25 54.04

Maybe someone’s tax losses can be your tax stock gains.