They offer competitive advantages and fair yields, but little upside in a challenging environment.
Software is the key to this hardware firm's success.
But Bulldozer hasn't cleaned up, which hurts our forecasts.
But does an order backlog mean tailwinds for commercial aerospace, or is it just overbooking?
Reaping the rewards of investment, Rockwell is our favorite.
CEOs tout current tailwinds, but we're wary of long-term benefits.
The company has had its high-profile problems in the past few years, but it's still the seed king.
But its valuation understates competitive and cyclical pressures.
The acquired portfolio should have plenty of opportunities to regain share.
The 2012 outlook for the offshore drilling firm appears very difficult.
Its lagging innovation has implications for the future.
The merger with El Paso will create value for almost all stakeholders.
The focus here is on selling prices and input costs, not demand.
We believe both businesses have strong and sustainable competitive advantages.
International expansion and product innovation will be key.
The large manufacturers shouldn't have much trouble with the new requirements, though.
Its structure is changing, but its asset base, debt load, and operational execution keep it tops.
First Solar is the one company that we think may have near-term upside.
Competitive advantages appear to be weakening.
Eldorado Gold is one of the few gold miners that enjoys an economic moat.
D.C. gridlock creates near-term uncertainty for construction-related companies.
Economic moats are tough to come by in this capital-intensive industry.
Investors should own firms able to deploy gas or food as a loss leader.
M&A can boost growth despite lagging engineering and construction earnings.
We've identified three potential ways to play consolidation among gold miners.