Saturday, June 22, 2013

Hot Canadian Companies To Own In Right Now

On Tuesday, the last day of April, the Department of Defense "made it rain" for multiple defense contractors. In all, the DoD awarded 19 contracts Tuesday, promising to pay out more than $2.8 billion in aggregate. Winners among publicly traded companies included:

British defense contractor�BAE Systems' (NASDAQOTH: BAESY  ) Norfolk Ship Repair unit was awarded a $49.4 million firm-fixed-price contract to perform work on the guided missile destroyer USS Porter while in drydock. This contract is expected to be complete by April 2014, but if optional extensions of the contract are exercised, this could extend the duration and increase this contract's value to $61.3 million. Comfort Systems USA (NYSE: FIX  ) subsidiary Target Construction of Henderson, Nev., was awarded a firm-fixed-price contract valued at up to $41.6 million to perform construction services in support of the Hurricane Protection System for the U.S. Army Corps of Engineers. Canadian IT contractor Softchoice Corp.�won a $17.5 million delivery order against a single award blanket purchase agreement to procure Microsoft brand name "Software Assurance" software support for the U.S. Marine Corps.�Softchoice should complete its task by May 31, 2014. Boeing (NYSE: BA  ) received a $13.6 million firm-fixed-price, cost-plus-fixed-fee foreign military sales contract to install computerized fault reporting systems and aircraft maintenance debriefing systems for Royal Saudi Air Force F-15 C/D fighter jets.�This contract has a three-year base term, to be followed by two possible one-year extensions, which could extend the contract through May 4, 2018. United Technologies' (NYSE: UTX  ) Pratt & Whitney subsidiary won a maximum $7.9 million firm-fixed-price, sole-source contract to supply the U.S. Air Force with spare aircraft engine turbine disks. It should complete the contract by Jan. 29, 2016.�


Hot Canadian Companies To Own In Right Now: Prominex Resource Corp(PXR.V)

Prominex Resource Corp. engages in the acquisition and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for base metals and gold. Its principal properties include the Tulks Hill Project and Reid Lot 50, Lake Bond project, located in central Newfoundland. The company was formerly known as Sino Pacific Development, Ltd. and changed its name to Prominex Resource Corp. in October 2005. Prominex Resource Corp. was founded in 1980 and is headquartered in Vancouver, Canada.

Hot Canadian Companies To Own In Right Now: Gemini Corporation (GKX.V)

Gemini Corporation, a professional services company, engages in designing, building, and maintaining energy and industrial facilities in western Canada and internationally. The company operates in two segments, Field Solutions and Engineered Solutions. The Field Solutions segment offers engineering, construction, fabrication, and maintenance services. The Engineered Solutions segment provides engineering, procurement, and construction management services. Gemini Corporation principally serves conventional/unconventional oil and gas, in-situ heavy oil, and heavy industrial facilities markets. The company was founded in 1982 and is headquartered in Calgary, Canada.

10 Best Energy Stocks To Buy Right Now: Fe Limited (FEL.AX)

Fe Limited engages in the exploration and development mineral properties in Western Australia. It holds interests in a portfolio of mineral resource projects prospective for iron, gold, and nickel ores. The company�s portfolio includes interests and rights in approximately 300 licenses covering approximately 6,900 square kilometers. It primarily focuses on the Mt Ida and Mt Elvire Iron Ore Projects in Western Australia. Fe Limited was headquartered in West Leederville, Australia.

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