Top 10 Managed Healthcare Companies To Invest In Right Now: Pacific Ethanol Inc.(PEIX)
Pacific Ethanol, Inc. produces and markets low carbon renewable fuels in the United States. It sells ethanol to gasoline refining and distribution companies; provides ethanol transportation, storage, and delivery services in the Western United States, primarily in California, Arizona, Nevada, Utah, Oregon, Colorado, Idaho, and Washington; and markets ethanol co-products, including wet distiller grains and syrup to dairy operators and animal feed distributors. The company also provides operations, maintenance, and accounting services to a cellulosic integrated bio-refinery in Boardman, Oregon. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California.
Advisors' Opinion:- [By Tristan R. Brown]
Three months ago I wrote that the stock performance YTD of independent ethanol producer Pacific Ethanol (PEIX) was an "aberration", especially in light of the performance of its industry peers' shares. The discrepancy between Pacific Ethanol's share price and those of its peers has only grown more pronounced since July (see figure). Green Plains Renewable Energy (GPRE) and REX American Resources (REX) have continued to greatly outperform the S&P 500. Even Biofuel Energy, which fell behind on its interest and debt payments over the summer and is facing a shareholder-ruining liquidation, has seen its share price perform significantly better than Pacific Ethanol's in 2013. The oddest part about the stock's performance over the last three months, however, is that the period has been marked by multiple positive announcements from the company. It late July it reported its first positive EPS in almost two years for Q2 (0.07). Its Q2 EBITDA of $3.8 million was its highest sinc e Q4 2011. Its current ratio is well above its previous lows, its ratio of total assets to total liabilities is increasing, and its total shareholders' equity is at a 3-year high. Desp! ite these improvements, the company's price/book ratio is a mere 0.77.
- [By James E. Brumley]
Have you ever noticed how the worst time to get into a stock is when the buzz is the loudest, while the best time to sneak into a stock is when nobody's talking about it? Yeah, well, you can add Pacific Ethanol Inc. (NASDAQ:PEIX) to the list of names that's pretty much fooled everyone, then, and now. PEIX was all the rage five years ago, and ended up getting trashed between 2007 and 2008. Despite repeated attempts to get, multiple headaches for the ethanol industry just never let the stock pick itself up. Now, a full year after anybody stopped caring about the stock (bearishly or bullishly), and Pacific Ethanol has quietly doled out a huge 200% gain since November.
- [By Paul Ausick]
Ethanol producers like Pacific Ethanol Inc. (NASDAQ: PEIX), The Andersons Inc. (NASDAQ: ANDE) and Archer Daniels Midland Co. (NYSE: ADM), as well as other members of the trade group Renewable Fuels Association (RFA), are mightily displeased by this EPA proposal. Refiner and ethanol producer Valero Corp. (NYSE: VLO), which is not a member of the trade group, has been among the loudest critics of the higher blending requirements.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-managed-healthcare-companies-to-invest-in-right-now-2.html
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