Thursday, May 30, 2013

Best Biotech Companies To Invest In Right Now

When it comes to biotechs, Amgen (NASDAQ: AMGN  ) qualifies for the senior citizen discount. The company, founded way back in 1980, ranks as one of the pioneers of the industry.

Amgen announced its latest quarterly results after the market close on Tuesday. Investors were clearly disappointed, with shares falling 6% in after-hours trading. Should you buy stock in Amgen after this pullback -- or is this oldie no longer a goodie?

Crunching the numbers
Amgen announced adjusted earnings of $1.96 per share, a 22% increase year-over-year. This easily beat analyst estimates of $1.84 per share.

GAAP earnings per share numbers also looked solid, coming in at $1.88 per share. That reflects an increase of 27% over 2012 first quarter's GAAP earnings of $1.48 per share.

Best Biotech Companies To Invest In Right Now: Convergent Minerals Ltd(CVG.AX)

Convergent Minerals Ltd engages in the exploration and evaluation of mineral resources in Australia. It primarily explores for gold and nickel. The company holds 100% interest in the Bounty Gold Project comprising a tenement package of 42.06 square kilometers located southeast of Southern Cross, Western Australia. Convergent Minerals Ltd is based in West Perth, Australia.

Best Biotech Companies To Invest In Right Now: Ocean Park Ventures Corp (OCP.V)

Ocean Park Ventures Corp. engages in the exploration and development of base and precious metal properties in the Americas. The company holds an option to acquire a 51% interest in the Adelita copper-gold-silver project located in the southern part of Sonora, Mexico; a 50% interest in the Trapper gold project consisting of 9 contiguous mining claims located in the Atlin Mining Division of northern British Columbia, Canada; and a 100% interest in the Metla gold property located in northern British Columbia, Canada. It also holds option to acquire the Chisna copper/gold property located in the south central state of Alaska. The company was formerly known as eTV Technology Inc. and changed its name to Ocean Park Ventures Corp. in April 2009. Ocean Park Ventures Corp. was incorporated in 1987 and is based in Vancouver, Canada.

Best Diversified Bank Stocks To Invest In 2014: Rhino Resource Partners LP(RNO)

Rhino Resource Partners LP produces, processes, and sells coal of various steam and metallurgical grades in the United States. The company holds interests in various surface and underground coal mines located in Central Appalachia, Northern Appalachia, the Illinois Basin, and the Western Bituminous region. As of December 31, 2010, it operated 10 mines, including 5 underground and 5 surface mines located in Kentucky, Ohio, and West Virginia. The company markets its steam coal primarily to electric utility companies as fuel for their steam-powered generators; and metallurgical coal for steel and coke producers. It also engages in mining limestone from reserves located at its Sands Hill mining complex and sells it as aggregate to various construction companies and road builders. The company was founded in 2003 and is based in Lexington, Kentucky.

No comments:

Post a Comment