Basic material stocks became popular with the increase in raw material prices due to the strong growth of China from the recent year. Not only directly commodity mining stocks exploded, also supplier of mining equipment started to boom. The basic material sector is a small investment field with around 600 listed companies. I made a list of the best stocks picks for next year. My criteria are:
ENSCO PLC (NYSE:ESV) formerly Ensco International plc, is a global offshore contract drilling company. The Company's business operates in four segments: Deepwater, Asia Pacific, Europe and Africa and North and South America. ENSCO PLC achieved its new 52 week high price of $59.90 where it was opened at $58.91 UP 0.35 points or +0.59% by closing at $59.40.
(HNZ, DDS, GBLHF, ESV) Featured Stock by CRWEWallStreet.com
H. J. Heinz Company (NYSE:HNZ) reported second-quarter sales growth of 8.3% and earnings per share of $0.81 before special items ($0.73 reported), led by double-digit organic sales growth and acquisitions in Emerging Markets and strong growth in Global Ketchup. Sales were also driven by organic growth in the Company's Top 15 brands.
(ESV, CRWE, RAI, AGCO) Featured Stocks by PennyToBuck.com
(CHDN, TPGI, CRWE, ESV) Stock Report from PennyGovernance.com
Churchill Downs Inc. (Nasdaq:CHDN) will announced 2011 third-quarter business results on Wednesday, Oct 26, at 4:30 p.m. EDT and host a related conference call to discuss the quarter on Thursday, Oct. 27, at 9 a.m.
Churchill Downs Incorporated owns and operates pari-mutuel wagering properties and businesses in the United States.
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Ensco plc (NYSE:ESV) announced that it has ordered a new ultra-premium harsh environment jackup rig to be built under a fixed-price shipyard construction contract with Keppel FELS Limited ("KFELS") in Singapore. Including commissioning, systems integration testing and project management, the construction cost is expected to be approximately $260 million.
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Ensco plc (NYSE:ESV) reported that its second quarter 2011 earnings conference call will be held at 10:00 a.m. CDT (11:00 a.m. EDT and 4:00 p.m. London) on Tuesday, 9 August 2011. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.enscoplc.com.