This is a list of my best ideas for the upcoming week. As new funds are deposited in my accounts, these are the companies I plan to invest in. These ideas are prioritized based on the sum of the delta between the current stock price and the one year estimated target price, and the current dividend yield. As those sums change, so does this list. As I slowly increase the number of companies that I follow, the competition for the top spots continues to become tight. |
1. JMP Group Inc. provides investment banking and asset management services in the US. The Broker-Dealer segment offers underwriting and acts as a placement agent for public and private capital markets and financial advisor in M&A, restructuring, and other strategic transactions, and provides institutional brokerage services and equity research services to institutional clients. The Asset Management manages a range of pooled investments including the hedge funds of funds. The Corporate Credit segment includes the management of collateralized loan obligations, small business loans, and various principal investments. (Summary) (Company) (Daily Chart) | Price $7.73 Target $9.72 1yr Cap Gain 25.74% Dividend $0.42 Yield 5.43% Tot 1yr Return 31.18% 3yr DivGR 32.26% 5yr DivGR 47.57% |
2. Fastenal Company operates as a wholesaler and retailer of industrial and construction supplies. Its fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures; and miscellaneous supplies and hardware consisting of various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. (Summary) (Company) (Daily Chart) | Price $42.49 Target $50.29 1yr Cap Gain 18.36% Dividend $1.12 Yield 2.64% Tot 1yr Return 20.99% 3yr DivGR 24.68% 5yr DivGR 25.20% |
3. Steelcase Inc. designs, manufactures, and distributes furniture settings, user-centered technologies, and interior architectural products. Its furniture systems portfolio comprises panel-based and freestanding furniture systems; and complementary products, such as storage, tables, and ergonomic worktools. The company’s seating products include ergonomic chairs; seating for collaborative or casual settings; and specialty seating for specific vertical markets, such as healthcare and education. Its interior architectural products consist of full and partial height walls and doors. In addition, it provides workplace strategy consulting, lease origination, furniture and asset management, and hosted space services. (Summary) (Company) (Daily Chart) | Price $18.43 Target $21.67 1yr Cap Gain 17.58% Dividend $0.42 Yield 2.28% Tot 1yr Return 19.86% 3yr DivGR 20.28% 5yr DivGR 21.29% |
4. Main Street Capital Corporation is a business development company specializing in long- term equity, equity related, and debt investments in small and lower middle market companies. The firm focuses on investments in warrants, PIK (Payment in Kind) interest, convertible securities, private equity, mezzanine investments, and other growth initiatives primarily for later stage businesses. (Summary) (Company) (Daily Chart) | Price $30.82 Target $34.83 1yr Cap Gain 13.01% Dividend $2.04 Yield 6.62% Tot 1yr Return 19.63% 3yr DivGR 14.53% 5yr DivGR 13.23% |
5. Innophos Holdings, Inc. (IPHS) produces performance-critical and nutritional specialty ingredients with applications in food, beverage, dietary supplements, pharmaceutical, oral care, and industrial end markets. The company’s specialty ingredients include specialty phosphate salts, specialty phosphoric acids, and other mineral and botanical based specialty ingredients that are used as flavor enhancers in beverages; electrolytes in sports drinks; texture modifiers in cheeses; leavening agents in baked goods; mineral and botanical sources for nutritional supplements; pharmaceutical excipients; and abrasives in toothpaste, as well as in industrial applications, such as asphalt modification and petrochemical catalysis. It also provides food and technical grade purified phosphoric acid (PPA) used in the production of fertilizer, and specialty phosphate salts and acids, as well as in beverage and water treatment applications; technical grade sodium used as an ingredient in cleaning products, such as industrial and institutional cleaners, automatic dishwashing detergents, and consumer laundry detergents, as well as in water treatment, clay processing, and copper ore processing activities. In addition, the company offers granular triple super phosphate (GTSP), a fertilizer product line used for enhancing crop yields in various agricultural sectors. (Summary) (Company) (Daily Chart) | Price $61.47 Target $67.00 1yr Cap Gain 9.01% Dividend $1.92 Yield 3.12% Tot 1yr Return 12.13% 3yr DivGR 23.87% 5yr DivGR 20.94% |