Best Performing Companies For 2014

[ July 19, 2013 | Author: admin | Weather: | Mood: normal]

Energy has been one of the worst-performing sectors in the S&P 500 during the past year.

While the broader market is up an impressive 13%, the energy sector has gained just 2.5%. That performance looks even worse when compared with the markets most bullish sectors, with health care up 29% and so-called consumer defensive stocks (which include makers and retailers of food and household and personal goods) up 23%.

But overall weakness in energy stocks is masking a lone group of standouts from the lackluster sector: refineries.

In fact, this group of stocks hasnt just been strong relative to its energy peers it has been one of the best-performing industries in the entire market in the past year. Take a look at the chart of two leading companies.

Best Performing Companies For 2014: Uranium Energy Corp. (UEC)

Uranium Energy Corp. engages in the exploration, development, extraction, and processing of uranium concentrates on projects located in the United States and Paraguay. As of July 31, 2012, it had mineral rights in uranium mining projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, as well as in Paraguay. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.

Best Performing Companies For 2014: Ritchie Bros. Auctioneers Incorporated(RBA)

Ritchie Bros. Auctioneers Incorporated, an industrial auctioneer, sells various equipment to on-site and online bidders. The company, through unreserved public auctions, sells a range of used and unused industrial assets, including equipment, trucks, and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum, and marine industries. It also provides Internet bidding services, which facilitate customers access to live and online auction participation. The company primarily serves buyers and sellers of equipment, trucks, and other industrial assets; rental companies and brokers; finance companies; and truck and equipment dealers. As of December 31, 2011, it operated approximately 110 locations in approximately 25 countries, including 43 auction sites worldwide. The company was founded in 1963 and is headquartered in Burnaby, Canada.

10 Best Stocks To Invest In Right Now. TORM A/S (TRMD )

TORM A/S, a shipping company, together with its subsidiaries, engages in the ownership and operation of product tankers and dry bulk carriers worldwide. Its product tankers carry refined oil products, such as gasoline, jet fuel, naphtha, and diesel oil. The company Read More>>