TAG Oil was in some pretty nice company in a recent Frank Byrt piece in The Street. For the whole article link here, http://ow.ly/9FcGr, and for an excerpt, read on.
Boston | Frank Byrt | The Street | 3/12/12
“…In order to find the best of the last group, I screened Morningstar data for companies with solid financial fundamentals, a market value of at least $250 million and a three-year average annual return of 200% or better.
Surprisingly, there is only one technology company in the group, and the rest are a smorgasbord, including a yoga-wear retailer, a Las Vegas casino developer and a Canadian oil driller that went all the way to New Zealand to get at black-gold deposits….The 10 stocks we found are summarized below…”
10. TAG Oil (TAOIF)
TAG Oil, with a market value of $547 million, is a Canadian company producing and exploring for oil and natural gas in oil shale in New Zealand…. Its shares are up 43% this year and have a three-year, average annual return of 318%. No U.S. analyst coverage is available, but hedge fund manager Elliott Associates, with $15 billion in assets, is the biggest stakeholder at 12%, followed by Fidelity and Fidelity Canada, with a combined 7%. Tag Oil said today that it upped its capital expenditures by $66 million to expand oil and gas drilling at its company-owned fields in New Zealand, because its efforts have been so successful.
9. Dollar Thrifty Auto Group (DTG )
Dollar Thrifty, with a market value of $2 billion, owns, operates and franchises car rental operations throughout the U.S., Canada and abroad.
8. Pharmacyclics (PCYC)
Pharmacyclics, with a market value of $1.8 billion, is a developer of pharmaceuticals used to treat certain cancers and cardiovascular disease.
7. Mitek Systems (MITK)
Mitek, with a market value of $302 million, is the developer of software used for image recognition, used in check and document processing, and forgery detection.
6. Jazz Pharmaceuticals (JAZZ)
Jazz Pharmaceuticals, with a market value of $2.8 billion, is a specialty-pharmaceutical company that develops and markets medical products in the fields of neurology and psychiatry.
5. Select Comfort (SCSS)
Select Comfort, with a market value of $1.8 billion, makes air beds and other sleep-related products. The company’s mattresses have adjustable firmness levels and range in prices up to $2,600.
4. Keryx Biopharmaceuticals (KERX)
Company profile: Keryx, with a market value of $299 million, acquires and develops products for the treatment of diseases, including diabetes and cancer.
3. Pier 1 Imports (PIR)
Pier 1 Imports, with a market value of $1.9 billion, is a retailer of decorative accessories, furniture, housewares, and seasonal items imported from more than 50 countries. Pier 1 has over 1,000 stores.
2. Lululemon Athletica (LULU)
Lululemon Athletica, with a market value of $8 billion, is a specialty retailer and designer of upscale athletic apparel for women, with a focus on yoga-inspired merchandise.
1. Las Vegas Sands (LVS)
Las Vegas Sands, with a market value of $40 billion, is the world’s largest operator of integrated resorts encapsulating casinos, hotels, entertainment, food and beverage, retail, and convention center operations.
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For the whole article, link here: http://ow.ly/9FcGr.