All eyes of the world are on Colorado, which allowed the legal sales of marijuana for recreational use. It also became the first Government in the World to control and regulate marijuana, also known as Cannabis, which is a preparation of the Cannabis plant intended for use as a psychoactive drug and as medicine.
Beginning�Wednesday�(Jan.1), 21 and over became eligible to buy marijuana legally for the first time anywhere in the State. Sales will be tightly controlled, regulated as alcohol is currently, and subject to a number of restrictions preventing sales to minors, intoxicated driving, smoking in public and other undesirable behaviors.
The new law could be an alternative to the drug war, generate the kind of tax dollars that state government hopes and save the costs of locking up drug offenders. The Colorado Legislative Council estimates marijuana will generate $67 million in tax revenue annually.
Top 5 Healthcare Technology Stocks To Own Right Now: Marine Products Corp (MPX)
Marine Products Corporation (Marine Products), incorporated on August 31, 2000, designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, sport yacht and sport fishing markets. The Company sells its products to a network of 135 domestic and 69 international independent authorized dealers. The Company focuses to remain a manufacturer of recreational powerboats for sale to a range of consumers globally. The Company manufactures Chaparral sterndrive and inboard-powered pleasure boats including H2O Sport and Fish & Ski boats, SSi and SSX Sportboats, Sunesta Sportdecks and Xtreme Tow boats, Signature Cruisers, Premiere Sport Yachts and Robalo outboard sport fishing boats. The Company offers a range of products to the family recreational, cruiser and sport yacht markets through its Chaparral brand, and to the sport fishing market through its Robalo brand.
The Company's products include Chaparral - H2O Sport Series, which is a fiberglass multipurpose runabouts; Chaparral - SSi Wide tech, which is a fiberglass closed deck runabouts; Chaparral - SSX Sportdecks, which is a fiberglass bowrider crossover sportboats; Chaparral - Sunesta Xtreme Tow Boats, which is a fiberglass pleasure boats; Chaparral - Signature Cruisers, which is a fiberglass, accommodation-focused cruisers; Chaparral - Premiere Sport Yacht, which is a fiberglass sport yacht, and Robalo - Sport Fishing Boats, which is a sport fishing boats for freshwater lakes or saltwater use. Domestic sales are made through approximately 74 Chaparral dealers, 16 Robalo dealers and 45 dealers that sell both brands located in markets throughout the United States. Marine Products also has 69 international dealers.
The Company competes with Sea Hunt, Sea Fox, Grady-White, Boston Whaler, Everglades and Parker.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Marine Products (NYSE: MPX ) , whose recent revenue and earnings are plotted below.
Hot Recreation Stocks To Buy For 2014: SeaWorld Entertainment Inc (SEAS)
SeaWorld Entertainment, Inc., incorporated on October 2, 2009, is a theme park and entertainment company. The Company is engaged in delivering personal, interactive and educational experiences that blend imagination with nature and enable its customers to celebrate, connect with and care for the natural world. The Company own or license a portfolio of globally recognized brands including SeaWorld, Shamu and Busch Gardens. The Company has built a diversified portfolio of 11 destination and regional theme parks that are grouped in key markets across the United States. Its theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests. In addition to its theme parks, it has recently begun to leverage its brands into media, entertainment and consumer products.
The Company generates revenue primarily from selling admission to its theme parks and from purchases of food, merchandise and other spending. During the year ended December 31, 2012, it hosted more than 24 million guests in its theme parks, including approximately 3.5 million international guests from over 55 countries and six continents. In 2012, the Company opened new attractions in seven of its theme parks. In November 2012, the Company acquired Knott�� Soak City, a standalone Southern California water park, from an affiliate of Cedar Fair L.P. The Company�� products and services include Admission Tickets, Theme Park Operations, Culinary Offerings , Merchandise , Licensing and Consumer Products , Group Events and Conventions and Corporate Sponsorships and Strategic Alliances.
Admission Tickets, which generate most of its revenue from selling admission to its theme parks. The Company also offers a Fun Card at select theme parks that allows additional visits throughout that calendar year. In addition, visitors can purchase vacation packages with preferred hotels, behind-the-scenes tours, specialt! y dining packages and front of the line access to enhance their experience. Theme Park Operations delivers a level of service, safety and security at its theme parks. It comprised of rides, shows and attractions operations, safety, security, environmental, water park and guest arrival services (including parking, tolls, admissions, guest relations, entry and exit), the theme park operations team manages the planning and execution of the overall theme park experience on a daily basis.
Culinary Offerings delivers a variety of high quality, creative and memorable culinary experiences to its guests. Culinary operations are strategically organized into five key guest-oriented disciplines designed to drive in-park per capita spending: restaurants, catering, carts and kiosks, specialty snacks and vending. The Company�� culinary team focuses on providing creative menu offerings that appeal to our diverse guest base. Merchandise offers guests the opportunity to capture memories through its products and services, including through traditional retail shops, game venues and customized photos and videos. It focuses on effort to leverage the emotional connection of the theme park experiences, capitalize on trends and optimize brand alignment with its merchandise product offerings.
Licensing and Consumer Products capitalize on its brands, it has begun to leverage its intellectual property and content through media and consumer strategic licensing arrangements. It extended the reach of its brands through outbound media licensing in areas such as films, television programs and digital e-books, as well as its first-ever multi-platform mobile app game, TurtleTrek, which launched on iTunes in November 2012. Group Events and Conventions host a variety of different group events, meetings and conventions at its theme parks both during the day and at night. Its venues offer indoor and outdoor space for meetings, special events, entertainment shows, picnics, teambuilding events, group tours and spec! ial group! ticket packages. Park buy-outs allow groups to enjoy exclusive itineraries, including meetings and shows, up-close encounters with animals and behind the scenes tours. Corporate Sponsorships and Strategic Alliances seek to secure long-term corporate sponsorships and strategic alliances with companies and brands that share its core values, deliver brand marketing value and influence and drive mutual business gains. Its current corporate sponsors include, among others, Southwest Airlines, which has been a sponsor for over 20 years, and The Coca-Cola Company.
SeaWorld.
SeaWorld is recognized as the marine-life theme park brand in the world. Its SeaWorld theme parks, located in Orlando, San Antonio and San Diego, each rank among the most highly attended theme parks in the industry and offer up-close interactive experiences and a variety of live performances, including shows featuring Shamu in specially designed amphitheaters. It offers its guests numerous animal encounters, including the opportunity to work with trainers and feed marine animals, as well as themed thrill rides and theatrical shows that creatively incorporate its animal collection.
Busch Gardens
Its Busch Gardens theme parks are family-oriented destinations designed to immerse guests in foreign geographic settings. They are renowned for their beauty and landscaping and gardens and allow its guests to discover the natural side of fun by offering a family experience featuring a range of attractions and rollercoasters in a richly-themed environment. Busch Gardens Tampa presents its collection of animals from Africa, Asia and Australia.
Aquatica
Its Aquatica branded water parks are premium, family-oriented destinations that are based in a South Seas-themed tropical setting. Aquatica water parks build on the aquatic theme of its SeaWorld brand and feature high-energy rides, water attractions, white-sand beaches ande entertaining presentation of marine and terrestrial an! imals. Th! e Company positions its Aquatica water parks as companion water parks to its SeaWorld theme parks in Orlando and San Diego and it has an Aquatica water park situated within its SeaWorld San Antonio theme park.
Discovery Cove
Discovery Cove is a reservations only, all-inclusive, marine-life day resort adjacent to SeaWorld Orlando. Discovery Cove offers guests personal, signature experiences, including the opportunity to swim and interact with dolphins, take an underwater walking reef tour and enjoy pristine white-sand beaches and landscaped private cabanas. Discovery Cove presently limits its attendance to approximately 1,300 guests per day and features premium culinary offerings in order to provide guests with a more relaxed, intimate and high-end luxury resort experience.
Sesame Place
Sesame Place is the only United States theme park based entirely on the television show Sesame Street. It is located between Philadelphia and New York City, Sesame Place is a destination where parents and children can share in the spirit of imagination and experience Sesame Street together through whirling rides, water slides, colorful shows and furry friends. In addition, it has introduced Sesame Street brands in its other theme parks through Sesame Street-themed rides, shows, children�� play areas and merchandise.
The Company competes with The Walt Disney Company, Universal Studios, Six Flags, Cedar Fair, Merlin Entertainments and Hershey Entertainment and Resorts Company.
Advisors' Opinion:- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a pair of new buy ratings for resorts operators Vail Resorts (NYSE: MTN ) and SeaWorld Entertainment (NYSE: SEAS ) . But the news isn't all good, so before we address those two, let's take a look at why one analyst thinks that...
- [By Rick Aristotle Munarriz]
Getty Images From a popular multiplex operator going public to a retailer getting hacked at the worst possible time, here's a rundown of the week's best and worst news from the business world. Chipotle Mexican Grill (CMG) -- Winner Chipotle is getting a new stamp in its ethnic cuisine passport. Having mastered Mexican, it was already giving Asian a shot with its new ShopHouse chain. And now, we can add Italian to its map after Chipotle revealed this week that it's a financial backer of Pizzeria Locale. The fast casual concept gives pizza a Chipotle-like makeover with folks ordering at the counter, customizing their 11-inch pies along the assembly line, after which they are baked in a speedy oven that serves up tasty pies in just two minutes. Chipotle's growing just fine with its flagship burrito chain, but it never hurts to diversify before expansion-fueled growth plateaus, or tastes change. Target (TGT) -- Loser Holiday shopping at Target may ultimately prove to more trouble than bargain seekers were hoping for this season. The cheap chic discounter revealed that hackers installed software that stole the info on more than 40 million credit and debit card transactions from Nov. 27 through Dec. 15. This is naturally going to be bad news for those that had their plastic compromised. Everyone that shopped at Target this season is being advised to carefully look over their statements. However, it's also very bad for the retailer at the worst possible time. Shoppers may not be too comfortable heading into Target during these last few shopping days before Christmas. AMC Entertainment (AMC) -- Winner Lights! Camera! IPO action! It may not have been the blockbuster IPO of the year, but the debut of the leading movie theater chain proved to be a success this week. AMC Entertainment went public at $18, opening 7 percent higher and staying above its IPO price. The leading exhibitor operates 343 movie theaters housing 4,950 screens. AMC entertains 200 million guests
- [By WWW.DAILYFINANCE.COM]
www.ea.com There were plenty of winners and losers this week, including a merger of two fast-growing real estate website operators and a theme park operator taking another hit. Here's a rundown of the week's smartest moves and biggest blunders. Tesla Motors (TSLA) -- Winner The country's coolest automaker -- and one of the hottest stocks over the past two years -- continues to grow in popularity. The maker of luxury plug-in electric cars posted a better than expected adjusted profit in its latest quarter, with revenue nearly doubling. Tesla is on track to deliver 35,000 of its Model S sedans this year. It also announced on Thursday that it expects to produce 60,000 cars next year as the Model X crossover joins its lineup. Tesla's rich multiples aren't for the squeamish, but the company seems to be revolutionizing the automotive industry. One can only imagine how things will be when it starts rolling out its more reasonably priced Model III car in three years. SeaWorld (SEAS) -- Loser SeaWorld can't seem to catch a break, even when misfortune results in denial. SeaWorld and Southwest Airlines (LUV) are ending their marketing partnership after 26 years. The relationship had Southwest promoting the marine life theme park operator on some of its planes and SeaWorld offering Southwest-branded relaxation and charging stations. Anti-SeaWorld protestors had demonstrated at Southwest's headquarters earlier this year, and more than 32,000 people had signed an online petition at change.org urging the air carrier to end its association with SeaWorld. However, this already unfortunate story makes the cut this week because of SeaWorld's explanation on why the two companies will part ways when the latest contract is up at the end of the year. "With an increasing international visitor base, SeaWorld is looking to focus on new and growing markets in Latin America and Asia, among others," SeaWorld explains in a joint statement with Southwest, almost as if it's saying that
Hot Recreation Stocks To Buy For 2014: Nikon Corp (NINOF)
NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in four business segments. The Precision Equipment segment offers semiconductor exposure apparatus and liquid crystal (LC) exposure apparatus. The Image segment provides digital single-lens reflex (SLR) cameras, compact digital cameras and interchangeable lens. The Instruments segment offers microscopes, measuring machines and semiconductor inspection equipment. The Others segment provides LC photomask substrates and optical components. As of March 31, 2013, the Company has 87 subsidiaries and 10 associated companies. Advisors' Opinion:- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Japanese stocks opened lower Thursday, as gains for the yen and losses for Wall Street conspired to drive the Nikkei Stock Average (JP:NIK) down 1.2% to 15,333.35, extending Wednesday's 0.6% loss. The Topix fell 0.7%, with the U.S. dollar (USDJPY) slipping to 102.46 yen, down from around 楼102.80 at the start of the previous session, but off its lows in late Wednesday trade. Electronics firms and other techs helped lead the loss, with Sony Corp. (JP:6758) (SNE) falling 1.4%, Nikon Corp. (JP:7731) (NINOF) off 2.4%, and Alps Electric Co. (JP:6770) 1.8% lower. The Nikkei Asian Review reported Thursday that Japan looked set to post its first trade deficit for electronics goods this year. Shares of Yahoo Japan Corp. (JP:4689) (YAHOF) lost 1.4%, even as Bloomberg reported the firm was offering its stake in market-research firm Macromill Inc. (JP:3730) to U.S. private-equity firm Bain Capital at a premium to its most recent close. Shares of Macromill were untraded. Among gainers, Nippon Telegraph & Telephone Corp. (JP:9432) (NTT) rose 2.1%, following a 1.1% gain for its U.S.-listed shares.
- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- With the yen holding on to its gains and investors cautious as earnings season kicks off, Japanese stocks slid lower Friday after closing the previous day with some late-session gains. The Nikkei Stock Average (JP:NIK) fell 0.9% to 14,358.28, with the Topix down 0.8%, as the dollar bought 97.36 yen, little changed from 24 hours earlier. The relatively strong yen weighed on some names with high global exposure, as Sharp Corp. (JP:6753) (SHCAF) lost 1%, Pioneer Corp. (JP:6773) (PNCOF) dropped 1.6%, and Bridgestone Corp. (JP:5108) (BRDCF) fell 1.2%. An outlook cut from Canon Inc. (JP:7751) (CAJ) helped send its shares down 1%, while rival Nikon Corp. (JP:7731) (NINOF) lost 1.8%, though Olympus Corp. (JP:7733) (OCPNF) gained 1%. Telecoms were weak, with Softbank Corp. (JP:9984) (SFTBF) falling 2.5%, KDDI Corp. (JP:9433) (KDDIF) down 1.7%, and NTT DoCoMo Inc. (JP:9437) (NTDMF)
Hot Recreation Stocks To Buy For 2014: Medina International Holdings Inc (MIHI)
Medina International Holdings, Inc. (Medina), incorporated on June 23, 1998, manufactures products and services to assist emergency and defense organizations and personnel. The Company, through its two wholly owned subsidiaries, Harbor Guard Boats, Inc. (HGB) and Medina Marine, Inc. manufactures and sells recreational and commercial boats. The products are manufactured by HGB, which designs, manufactures, and markets hand-laid fiberglass and aluminum commercial boats ranging from 15 feet to 37 feet, which are utilized by fire, search and rescue, emergency, patrol, military and defense organizations. It manufactures commercial and recreational watercrafts.
As of April 30, 2012, HGB had nine models of commercial and recreational watercrafts. The Company�� products consist of commercial boats and recreational boats. As of April 30, 2012, Medina had seven commercial watercraft models, ranging from 15 feet to 37 feet in length. Its other watercraft includes 15 feet interceptor, which is used for rescue and fiber glass; 20-feet interceptor, which is used for fire rescue, rescue and fiber glass; 21 feet firecat, which is used for fire rescue, rescue and fiber glass; 24 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass; 26 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass; 30 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass, and 37 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass. As of April 30, 2012, the Company had two recreational watercraft models. Its watercraft products are made out of fiberglass and aluminum materials.
Advisors' Opinion:- [By Peter Graham]
Last Friday, small cap Digital Brand Media & Marketing Group Inc (OTCMKTS: DBMM) surged 22.22% while Blue Water Global Group Inc (OTCBB: BLUU) sank 18.42% and Medina International Holdings, Inc (OTCMKTS: MIHI) sank 50%. However, one of these small caps (Blue Water Global Group) appears to be reversing course in early morning trading today. So with it and the rest of these small cap stocks either sink or swim in trading this week? Here is a closer look to help you decide on an investing or trading strategy:
Hot Recreation Stocks To Buy For 2014: Biglari Holdings Inc (BH)
Biglari Holdings Inc. is a holding company engaged in a range of diverse business activities. The Company, along with its subsidiaries, is engaged in investment management and the franchising/operating of restaurants. The Company's wholly owned subsidiaries include Steak n Shake Operations, Inc. (Steak n Shake), Western Sizzlin Corporation (Western) and Biglari Capital Corp. (Biglari Capital). Biglari Holdings, as a capital allocating vehicle, is also in the business of owning other businesses in whole and in part. In February 2014, Biglari Holdings Inc and Alpha Media Group announced that the wholly owned subsidiary of Biglari Holdings has acquired MAXIM.
On April 30, 2010, the Company completed the acquisition of Biglari Capital Corp. (Biglari Capital). On March 30, 2010, the Company, through its wholly owned subsidiary, Grill Acquisition Corporation, completed the acquisition of Western.
Steak n Shake
The Company is engaged in the ownership, operation, and franchising of Steak n Shake restaurants. Steak n Shake is a American brand serving burgers and milk shakes. Steak n Shake offers its patrons full-service dining with counter and dining room seating, as well as drive-thru and carry-out service. During the fiscal year ended September 29, 2010 (fiscal 2010), counter and dining room sales represented approximately 60% of the sales mix, while sales for off-premises dining represent approximately 40% of the sales mix.
Western Sizzlin
The Company is engaged in the franchising of restaurants. Western Sizzlin offers full service dining of signature steak dishes, as well as other classic American menu items. Western Sizzlin also operates other concepts, Great American Steak & Buffet, and Wood Grill Buffet consisting of hot and cold food buffet style dining.
Advisors' Opinion:- [By Roberto Pedone]
One cyclical consumer player that insiders are buying up a large amount of stock in here is Biglari (BH), which is currently engaged in investment management and the franchising and operating of restaurants. Insiders are buying this stock into modest strength, since shares are up 8.7% so far in 2013.
Biglari has a market cap of $605 million and an enterprise value of $688 million. This stock trades at a cheap valuation, with a trailing price-to-earnings of 4.83 and a forward price-to-earnings of 29.38. Its estimated growth rate for this quarter is 42%. This is not a cash-rich company, since the total cash position on its balance sheet is $153.57 million and its total debt is $236.16 million.
The CEO and chairman of the board just bought 5,165 shares, or about $1.36 million worth of stock, at $265 a share.
From a technical perspective, BH is currently trending above its 200-day moving average and just below its 50-day moving average, which is neutral trendwise. This stock has been trending sideways and consolidating for the last month and change, with shares moving between $408.25 on the downside and $429.97 on the upside. Shares of BH are now starting to push within range of triggering a near-term breakout trade above the upper-end of its recent sideways trading chart pattern.
If you're bullish on BH, then I would look for long-biased trades as long as this stock is trending above some near-term support levels at $410 to $408.25, and then once breaks out above some near-term overhead resistance levels $428.85 to $429.97 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 10,146 shares. If that breakout hits soon, then BH will set up to re-fill some of its previous gap down zone from August that started at $467.89 a share.
- [By Michael Lewis]
Buffett-inspired Biglari Holdings (NYSE: BH ) is not nearly as followed as its model business, Berkshire Hathaway (NYSE: BRK-B ) , but investors in the latter would be wise to keep an eye on the moves of this restaurant-focused holdings company.
- [By Geoff Gannon]
But there are other businesses like that. Some great businesses have almost no good choices for additional investment within their own circle of competence. The best owner for these kinds of businesses would be someone like Berkshire, Teledyne, Biglari Holdings (BH), etc. Or a private individual who does the same thing by investing in different industries, regions, etc.
- [By Ali Berri]
Cyclical consumer goods & services shares dropped by 0.51 percent in today’s trading. Meanwhile, top decliners in the sector included Biglari Holdings (NYSE: BH), down 3 percent, and Dillard's (NYSE: DDS), off 6.3 percent.
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