Best Performing Stocks To Invest In 2014

Citigroup’s Itay Michaeli and team believe Ford Motor (F) and General Motors (GM) aren’t necessarily involved in a “zero-sum game.” They explain why:

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Full-size pickup truck sales outperformed the industry again (+6% vs. +4%) with healthy pricing. Importantly, GM�� share rebounded ~300bp MoM to ~35%��ven, as we believe, transaction prices held most of last month�� exceptional gains. Did Ford have a bad month? No, Ford reported strong truck pricing gains even as share eased. Did Chrysler have a bad month? No, segment share seemed to hold recent gains. So what�� going on? In the recent sell-side debates about GM�� and Ford�� respective truck stories, what�� often been missed, in our view, is the demand side of the equation. Is anyone asking why pickup truck prices have risen more than $4k since 2011 with sales concurrently outperforming? Or why used pickup prices are similarly as strong? What we��e witnessing, in our view, is the release of grossly overlooked pent-up demand��nd this isn�� about housing…As pent-up demand continues to come alive (and GM�� pickup population share = ~41%), we��e seeing it come through both in sales and pricing, leading to months like April where everyone ��ins�� And we think this can continue. It�� not a zero sum game.

Top 5 Industrial Disributor Companies To Watch In Right Now: Summit Midstream Partners LP (SMLP)

Summit Midstream Partners, LP is engaged in owning and operating midstream energy infrastructure that is located in North America. The Company provides natural gas gathering and compression services in two resource basins: the Piceance Basin, which includes the Mesaverde, Mancos and Niobrara Shale formations in western Colorado, and the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas. As of June 30, 2012, the Company�� gathering systems had approximately 385 miles of pipeline and 147,600 horsepower of compression. As of September 20, 2012, its systems gathered an average of approximately 909 million cubic feet per day of natural gas, of which approximately 64% consisted of natural gas liquids (NGLs), that were extracted by a third party processor. Summit Midstream GP, LLC is the Company�� general partner. On October 27, 2011, the Company acquired certain natural gas gathering pipeline, dehydration and compression assets in the Piceance Basin of western Colorado, which it refer to as the Grand River system. The Company�� customers include the natural gas producers in North America, such as Encana Corporation, Chesapeake Energy Corporation, TOTAL, S.A., Carrizo Oil & Gas, Inc., WPX Energy, Inc., Bill Barrett Corporation, Exxon Mobil Corporation and EOG Resources, Inc. In October 2012, the Company acquired ETC Canyon Pipeline, LLC from La Grange Acquisition, L.P., a wholly owned subsidiary of Energy Transfer Partners, L.P. On February 15, 2013, it closed the acquisition of to Meadowlark Midstream Company, LLC, formerly Bear Tracker Energy, LLC. In June 2013, Summit Midstream Partners LP acquires assets in Bakken, Marcellus. In June 2013, Summit Midstream Partners LP acquired Bison Midstream LLC. In June 2013, Summit Midstream Partners LP closed the previously announced acquisition of certain natural gas gathering pipelines and compression assets located in the liquids-rich window of the Marcellus Shale Play.

The Grand River system consists of approxi! mately 276 miles of pipeline and 97,500 horsepower of compression and is located in Garfield County, Colorado. The Grand River system primarily gathers natural gas produced by the Company�� customers from the liquids-rich Mesaverde formation within the Piceance Basin. The Grand River system also gathers natural gas produced from its customers' wells targeting the deeper Mancos and Niobrara Shale formations. As of September 20, 2012, the DFW Midstream system had five primary interconnections with third-party, intrastate pipelines that enables the Company to connect its customers, directly or indirectly, with the natural gas market hubs of Waha, Carthage, and Katy in Texas, and Perryville and Henry Hub in Louisiana. As of September 20, 2012, the DFW Midstream system gathered an average of approximately 325 million cubic feet per day from seven producers.

The Company competes with Access Midstream Partners, L.P., Crestwood Midstream Partners LP, Energy Transfer Partners, L.P., Williams Partners L.P., Energy Transfer Partners, L.P. and Enterprise Products Partners L.P.

Advisors' Opinion:

• [By Matt DiLallo]

  Midstream operator,�Summit Midstream Partners (NYSE: SMLP  ) is expanding its reach after it announced two separate natural gas gathering acquisitions last week. The company is spending $460 million to acquire assets in the Bakken and Marcellus in unrelated deals. Let's take a closer look and the deals and what both mean for investors.

Best Performing Stocks To Invest In 2014: Targacept Inc.(TRGT)

Targacept, Inc., a biopharmaceutical company, engages in the discovery, design, and development of neuronal nicotinic receptors (NNR) therapeutics for the treatment of diseases and disorders of the nervous system. Its products include TC-5214, a nicotinic channel modulator, which is in Phase III clinical trials as an adjunct treatment for depressive disorder; and in Phase IIb clinical trial for switch monotherapy in patients with depressive disorder. The company?s small molecule products include TC-5619, which is under two separate Phase II clinical trials to treat negative symptoms and cognitive dysfunction in schizophrenia, inattentive-predominant attention deficit/hyperactivity disorder, and Alzheimer?s disease; AZD3480, a product under Phase IIb clinical trials for the treatment of mild to moderate Alzheimer?s disease; AZD1446 for treatment of Alzheimer?s disease; TC-6987 under Phase II clinical trials to treat asthma and type 2 diabetes; and TC-6499 for the treatm ent for gastrointestinal disorders. It has a collaborative research and license agreement with AstraZeneca AB for the development and commercialization of AZD3480, TC-5214, and TC-5619; and a product development and commercialization agreement with SmithKline Beecham Corporation and Glaxo Group Limited to discover, develop, and market product candidates that selectively target specified NNR subtypes in specified therapeutic focus areas. Targacept, Inc. was founded in 1997 and is based in Winston-Salem, North Carolina.

Advisors' Opinion:

• [By Anna Prior]

  Targacept Inc.(TRGT) �said it will drop a clinical-stage treatment for Alzheimer’s disease after seeing disappointing results in a midstage study. Shares fell 4.8% to $4.20 premarket.

• [By Lauren Pollock]

  Targacept Inc.'s(TRGT) investigational secondary treatment for schizophrenia didn’t show significant improvement in negative symptoms or cognitive function in a Phase 2b trial after 24 weeks. The biopharmaceutical company said it wouldn’t pursue further development of the therapy for the mental illness or for Alzheimer’s Disease. Shares fell 31% to $4.09 premarket.

Best Performing Stocks To Invest In 2014: Enel SpA (ENEL)

Enel SpA is an Italy-based company engaged in the utilities sectors. It operates in seven divisions. The Sales segment focuses on the sale of electricity and gas products and services for end users. The Generation and Energy Management is involved in generation with thermal, natural gas regasification and schedulable hydroelectric power plants. The Infrastructure and Networks distributes electricity and public lighting. The Iberia and Latin America operates in the electricity and gas markets of Spain, Portugal and Latin America. The International segment supports strategies for the European and Russian markets. The Renewable Energy is active in the generation of electricity from renewable resources. The Engineering and Research develops the conventional and nuclear construction of power plants. In November 2013, through Enel Investment Holding BV, it sold a 40% stake in Artic Russia BV, which in turn owns a 49% of the share capital of SeverEnergia, to NK Rosneft' OAO. Advisors' Opinion:

• [By Jonathan Morgan]

  Enel SpA (ENEL) retreated 3.8 percent to 3.22 euros after Deutsche Bank AG said that its estimates for earnings at Italy�� biggest utility show no potential for growth for 2013 or 2014.

Best Performing Stocks To Invest In 2014: Hardinge Inc.(HDNG)

Hardinge Inc., together with its subsidiaries, designs, manufactures, and distributes machine tools in North America, Europe, Asia, internationally. It offers high-precision computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures, and other industrial products, as well as related accessories, including work holding, tool holding, and other industrial support products for companies making parts from hard to machine materials, and small and medium-sized independent job shops. The company also offers post-sale support services, including operation and maintenance training, in-field maintenance, and in-field repair. Its metal-cutting turning machines or lathes are used to remove materials from bar stock or a rough-formed part by moving multiple cutting tools against the surface of a part rotating at high speeds in a spindle mechanism; grinding machines are used to finish parts of various shapes and sizes; and machin ing centers are used to remove materials from stationary, prismatic, or box-like parts of various shapes. Hardinge Inc. serves aerospace, automotive, communications, computer, construction equipment, defense, energy, farm equipment, medical equipment, recreational equipment, and transportation industries. It sells its products through distributors, agents, and manufacturers? representatives. The company was founded in 1890 and is headquartered in Elmira, New York.

Advisors' Opinion:

• [By John Emerson]

  Hardinge (HDNG) the Perfect Fit to the Investment Puzzle
  
  Several years earlier I had started following the machine tool sector and I became quite familiar with Hardinge. Although I never invested in the stock (I had opted for Hurco), I had noted that Jeffrey Gendell had been purchasing shares the company. Hurco (HURC) had much higher margins and it was my belief that the superior quality of their computerized machine tools and their accompanying software were reflected in their earnings. Hurco also held a vastly superior balance sheet at the time I made my investment.

Best Performing Stocks To Invest In 2014: Alamos Gold Inc (AGI)

Alamos Gold Inc. is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey. It owns and operates the Mulatos mine (Mulatos or the Mine) and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico. The Mulatos mine is approximately 220 kilometers by air east of the City of Hermosillo. In addition, the Company owns the Agi Dagi and Kirazli advanced-stage gold development projects located in the Biga Peninsula of northwestern Turkey. Agi Dagi is located about 50 kilometers southeast of Canakkale, and Kirazli is located approximately 25 kilometers northwest of Agi Dagi. In January 2013, it acquired 14.3% interest of Aurizon Mines Ltd. (Aurizon). In August 2013, the Company acquired Esperanza Resources Corp. In September 2013, the Company announced that it has completed the acquisition of Orsa Ventures Corp. Advisors' Opinion:

• [By Jon C. Ogg]

  Alamos�Gold Inc. (NYSE: AGI) was reinstated as Buy with a target price of $21 in Canada, which would translate to closer to $20 in U.S. share prices (versus $16.33 current), at BofA/Merrill Lynch.