National Oilwell Varco
The oil and gas drilling products company acquired pipe products company NKT Flexibles for $670 million last month."Petrobras announced plans to build 26 new deepwater drilling rigs in Brazilian shipyards with deliveries scheduled over the next 45-90 months," Sterne Agee analysts wrote in a Feb. 10 report. " The analysts added, "The PBR announcement is a clear plus for NOV and likely CAM as the significant new rig equipment orders are likely to meet PBR's needs." Forward Annual Dividend Yield: 0.6% Rated "A (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin is basically the same as it was last year. National Oilwell Varco has average liquidity. Its Quick Ratio is 1.26, which shows the company can technically meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 11.88% from the prior year. TheStreet Ratings' price target is $98.80. The stock closed Monday at $80.08 and has risen 17.78% year to date.
Mead Johnson Nutrition The nutritional products company formed a joint venture with Argentinian dairy producer SanCor Cooperativas Unidas last month to provide products in Argentina. "Management discussed the likelihood that growth would accelerate in Latin America, with infant feeding being under-developed in Peru, Colombia and Ecuador," JPMorgan analysts wrote in a Feb. 22 report. "Brazil is already a top 10 market for MJN, and the company feels there is significant room to grow. Eight of MJN's top 10 markets are in Asia or Latin America, both of which are growing very quickly." Forward Annual Dividend Yield: 1.5% Rated "B- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin is about the same as it was a year ago. Mead Johnson Nutrition has weak liquidity. Its Quick Ratio is 1, which demonstrates a lack of ability to meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 51.25% from the prior year. TheStreet Ratings' price target is $100.75. The stock closed Monday at $79.99 and has risen 16.38%.