Pump prices have the ability to make or break an average American's day, month, or year. But while gasoline stations fight over tenths of cents to tempt your tank, electric vehicle "plug prices" have remained a mystery ��until now. A new tool reveals all, and the results are astonishing. Let's take a look to see whether pump prices or plug prices are the real pocket pinchers.
Pump vs. plug
The Department of Energy unveiled its "eGallon calculator" this month, a shockingly simple tool to compare state-specific pump prices to plug prices. While gas prices scream at us from street signs, electric vehicle driving costs are nowhere to be found. eGallon changes all that, opening up information for consumers to make cost-conscious decisions about what to drive.
Source: Wikimedia Commons
Looking beneath national numbers, eGallon's data are state-specific and constantly refreshing. With the cheapest gas prices around, South Carolina's $3.41 per gas gallon is 3.15 times its $1.08 electric equal. And Hawaii's most expensive electricity ($3.69 per gallon) still manages to squeeze under gasoline's $3.74. Using mileage data for the five top-selling electric vehicles in 2012 ��Tesla's (NASDAQ: TSLA ) Model S, General Motors' (NYSE: GM ) Chevy Volt, Nissan's Leaf, Ford's Focus, and BMW's ActiveE���the number cruncher compares these vehicles' costs to a gasoline car that averages 28.2 miles per gallon. The result? On average, it costs around three times less per gallon ($1.14) to put the pedal to the metal in an electric vehicle versus a gasoline-powered vehicle.
Top Cheapest Companies To Own For 2015: SemiLEDS Corporation(LEDS)
SemiLEDs Corporation engages in the development, manufacture, and sale of light emitting diode (LED) chips and LED components. Its products are used primarily for general lighting applications, including street lights and commercial, industrial, and residential lighting, as well as in backlighting, medical, automotive, and ultra violet (UV) applications. The company markets blue, green, and UV LED chips under the MvpLED brand name primarily to customers in China and Taiwan, as well as in Russia and North America. It sells LED chips to packagers and distributors, who in turn sell to packaging customers. SemiLEDs Corporation was founded in 2005 and is based in Miao-Li County, Taiwan.
Advisors' Opinion:- [By Paul Ausick]
Just a week earlier SemiLEDS Corp. (NASDAQ: LEDS) said that it had received a delisting notice from Nasdaq for failing to maintain a share price of at least $1 a share. The company also faced several class action lawsuits as earnings tanked after a dramatic run-up in April. Shares rose nearly 15% after Revolution�� October announcement.
- [By Victor Selva]
On Nov. 21, Robert Karr bought Veeco Instruments Inc. (VECO), a company that designs, manufactures and markets equipment to make light emitting diodes (LEDs), solar panels, hard-disk drives and other devices.
- [By Stock Investor]
Next up I will look at SemiLEDs Corporation (LEDS). This company is based in China, typically a red flag from the start. In the last year LEDS posted almost $26m in revenue with a net cash balance of approximately $36m. The market cap here is a small $42m, much cheaper than RVLT. LEDS has an average quarterly cash burn of about $5m, leaving them ample funding for the next two years at current spend rates. So far the financials here suggest that LEDS is undervalued, especially when compared to RVLT. Usually, however where there is smoke there is fire. In 2012 LEDS lost a patent infringement suit against CREE Inc (CREE). The settlement prevents LEDS from selling it product in the US, a major red flag. This is also the likely reason for such a large drop in sales over the last year of almost 40%. Revenue for the second quarter of fiscal 2013 was $4.8 million, a 39% decrease compared to $7.9 million in the second quarter of fiscal 2012. It is disconcerting that a company in a sector that is supposedly experiencing record growth, is seeing its sales drop this much. A major red flag for investors. While the cash position is a positive, investors should note that this is a China based company. Accurate financials are not something Chinese companies are know for.
Top Cheapest Companies To Own For 2015: Public Storage(PSA)
Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. The company?s self-storage facilities offer storage spaces for lease on a month-to-month basis for personal and business use. Public Storage also has interests in commercial properties containing commercial and industrial rental space; facilities that lease storage containers; and ancillary operations, which include reinsurance of policies against losses to goods stored by its self-storage tenants, retail operations comprising merchandise sales and truck rental operations. As of December 31, 2008, the company had interests in 2,012 self-storage facilities with approximately 127 million net rentable square feet in 38 states; and 181 self-storage facilities with approximately 10 million net rentable square feet in 7 western European nations. It also had direct and indirect equity int erests in approximately 21 million net rentable square feet of commercial space located in 11 states in the U.S. As a REIT, the company would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Public Storage was founded in 1971 and is based in Glendale, California.
Advisors' Opinion:- [By Will Ashworth]
In my mind you can�� go wrong operating at the higher end of the customer food chain. Look for AHP to buy some interesting properties over the next year or two.
Pure-Play REITs: Public Storage (PSA)PSA is the world�� largest owner and operator of self-storage facilities with over 1 million customers. As America�� preoccupation with owning stuff has grown exponentially in recent years, PSA’s business has come along for the ride.
- [By Stoyan Bojinov]
Jefferies reported on Thursday that it was maintaining a “Hold” rating on the California-based self-storage REIT, Public Storage (PSA), but went on to lower its price target for the company.Omotayo Okusanya, an analyst with the firm, cited that because the company’s portfolio of storage locations was virtually full, there was limited growth potential. Furthermore, Okusanya went on to comment about how Public Storage will have a hard time growing earnings even via acquisitions given its current size. As such, Jefferies reiterated a “Hold” rating on the stock and lowered its price target from $165 to $160 a share.
Public Storage shares inched lower on Thursday, shedding .85% on the day. The stock is up over 4.4% YTD.
- [By Laura Brodbeck]
Friday
Earnings Expected From: Chevron Corporation (NYSE: CVX), OM Group, Inc. (NYSE: OMG), Public Storage (NYSE: PSA) Economic Releases Expected: �US ISM manufacturing index, Canadian manufacturing PMI, British manufacturing PMI, Norwegian unemployment ratePosted-In: Bank Of England Federal ReserveNews Eurozone Commodities Previews Global Economics Federal Reserve After-Hours Center Markets Trading Ideas Best of Benzinga
- [By Mike Deane]
Public Storage (PSA) announced its third quarter earnings after the bell on Thursday, posting an increase in net income and revenues.
PSA Earnings in Brief
-Public Storage announced total quarterly revenues of $419 million, which were up from last year’s $397 million, but below the average analyst estimate of $464.58 million.
-The company’s net income came in at $231.4 million, or $1.34 per share, which was up from last year’s Q3 net income of $202.5 million, or $1.18 per share.
-PSA’s core FFO per share was up from last year’s $1.76 to $1.92 for the most recent quarter; this beat analysts’ estimates of $1.89.Dividend Raise
Public Storage announced that its board has approved to raise its dividend 12% to $1.40 per common share. This is a 15 cent raise from the company’s previous quarterly payout of $1.25 and brings the annualized payout to $5.60. The new dividend is payable on December 30 to all shareholders on record as of December 13.
Share Performance
PSA stock was down 66 cents, or 0.39%, on the day, but was up steeply in after-hours trading. YTD, the company’s stock is up 14.74%.
5 Best Safest Stocks To Buy Right Now: IMPACT Silver Corp (ISVLF.PK)
IMPACT Silver Corp. (IMPACT) is a profitable silver mining company with three 100% owned producing mines in Mexico. IMPACT controls two mineral districts in central Mexico: the 423 square kilometers Royal Mines of Zacualpan Silver District and the 200 square kilometers Mamatla Mineral District adjacent to and southwest of Zacualpan. During the year ended December 31, 2011, it produced 833,607 ounces of silver. On May 24, 2011, IMPACT announced that it completed 6,698 meters of drilling to expand the Capire zone to the north, east and south. In 2011, IMPACT carried out drilling on the Oscar Silver Project (Oscar) located 2.5 kilometers east of the Guadalupe Processing Plant. In 2011, IMPACT drilled two targets on the Huatecosco Gold-Silver Project located 9.5 kilometers south of the Guadalupe Processing Plant. In September 2011, IMPACT optioned its Veta Grande Silver Project assets in Zacatecas (Mexico) to Defiance Silver Corp. Advisors' Opinion:- [By Itinerant]
Besides the core drilling business the company also holds exploration properties which it seeks to monetize as opportunities arise. The company also holds an 11% interest in IMPACT Silver (ISVLF.PK), a Mexican junior silver miner.
Top Cheapest Companies To Own For 2015: Spansion Inc(CODE)
Codere, S.A. engages in the management of gaming machines, bingo halls, horse racing tracks, casinos, and off-track betting facilities in Argentina, Brazil, Colombia, Italy, Mexico, Spain, Panama, and Uruguay. As of December 31, 2008, the company managed 54,818 slot machines and electronic bingo terminals, 137 bingo halls with 30,803 seats, 106 off-track betting facilities, 3 horse racing tracks, and 6 casinos. It also operated 15,963 AWP machines in approximately 10,886 bars and restaurants in Spain. Codere, S.A. was founded in 1980 and is headquartered in Alcobendas, Spain.
Advisors' Opinion:- [By Tim Brugger]
Based on a review of "preliminary financial results," embedded systems solutions provider Spansion (NYSE: CODE ) has lowered its second quarter 2013 revenue and earnings guidance, the company announced today.
- [By Seth Jayson]
Spansion (NYSE: CODE ) reported earnings on April 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Spansion missed estimates on revenues and beat expectations on earnings per share.
Top Cheapest Companies To Own For 2015: EnteroMedics Inc.(ETRM)
EnteroMedics Inc., a clinical development stage medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity and associated co-morbidities, and other gastrointestinal disorders. The company?s proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. Its product under development is the Maestro System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. The company intends to market its products to potential referral source clinicians, including general practitioners, internists, endocrinologists, and nurses. It has collaboration agreement with Mayo Clinic and Australian Institute of Weight Control. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003 . EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.
Advisors' Opinion:- [By Jon C. Ogg]
EnteroMedics Inc. (NASDAQ: ETRM) may be a largely unknown microcap stock to most investors. The company is in the development stages of making medical devices using neuroblocking technology to treat obesity, metabolic diseases and other gastrointestinal disorders. A new research report has shares rising handily.
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