Hot High Tech Stocks To Watch For 2014

The Department of Defense awarded Honeywell (NYSE: HON  ) a sizable supply contract Tuesday.

The Defense Logistics Agency, Aviation, extended the term of Honeywell's three-year base contract for the supply of consumable and depot-level reparable spare parts for multiple weapons systems by an additional 18 months. The contract also has three, three-year option periods. One effect of this extension is to add $165.1 million to the�indefinite-delivery requirements contract. Another is to extend the completion date for Honeywell's performance to Nov. 6, 2014.

Weapons systems such as the ones covered in this contract generally accrue to Honeywell's Aerospace division, which at $12 billion in annual business, accounts for roughly $0.32 out of every $1 Honeywell brings in as revenue. As such, Tuesday's contract win could make up close to 1.4% of the Aerospace division's revenues over the next year -- and about 0.4% of Honeywell's overall sales for the year.

Hot High Tech Stocks To Watch For 2014: Barrick Gold Corp Com Npv(ABX.TO)

Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 26 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa. It also holds interests in oil and gas properties located in Canada. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

Hot High Tech Stocks To Watch For 2014: Goldsearch Ltd (GSE.AX)

Goldsearch Limited engages in the identification, discovery, and development of mineral properties in Australia and southern Sweden. It primarily explores for gold, silver, nickel, lead, zinc, copper, and uranium deposits, as well as other base metals. The company�s principal properties include the Mount Wellington project in Victoria, Australia. Goldsearch Limited is based in Sydney, Australia.

Best Gold Stocks To Watch Right Now: Fairwest Energy Corporation (FEC.V)

FairWest Energy Corporation, a junior oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in the provinces of Alberta and Saskatchewan. The company is based in Calgary, Canada.

Hot High Tech Stocks To Watch For 2014: AAR Corp.(AIR)

AAR CORP. provides products and services to aviation, government, and defense markets worldwide. The company?s Aviation Supply Chain segment purchases and sells new, overhauled, and repaired engine and airframe parts and components. It also repairs, overhauls, and sells avionics, electrical, electronic, fuel, hydraulic, and pneumatic components and instruments, as well as internal airframe components; and provides customized inventory supply and management programs for engine and airframe parts and components. In addition, this segment sells and leases commercial jet engines and used commercial aircraft; and provides advisory services, including assistance in remarketing aircraft, records management, and storage maintenance. Its Government and Defense Services segment involves in fixed- and rotary-wing flight operations; and performs engineering and design modifications on rotary-wing aircraft for government customers. This segment also provides customized performance-base d logistics programs in support of the U.S. Department of Defense and foreign governments; and engineering, design, manufacturing, and system integration services. The company?s Maintenance, Repair, and Overhaul segment provides airframe maintenance inspection and overhaul, painting, line maintenance, airframe modifications, structural repairs, avionic service and installation, exterior and interior refurbishment, and engineering services, as well as support for commercial and military aircraft; and repairs and overhauls landing gears, wheels, and brakes. Its Structures and Systems segment designs, manufactures, and repairs airdrop and other transportation pallets, and containers and shelters used in support of military and humanitarian tactical deployment activities. This segment also designs, manufactures, and installs in-plane cargo loading and handling systems for commercial and military aircraft and helicopters. AAR CORP. was founded in 1951 and is headquartered in Wood Dale, Illinois.

Advisors' Opinion:

• [By Fernandez]

  AAR Corp. (NYSE: AIR): AAR Corp. is a diversified company that provides products and services to the aviation, aerospace, and defense industries worldwide. It operates in four segments: Aviation Supply Chain; Maintenance, Repair, and Overhaul (MRO); Structures and Systems; and Aircraft Sales and Leasing.

  I just put out an exclusive post on AAR Corp. comparing its valuation to that of the overall aerospace and defense industry, as well as how AAR stacks up to its peers.

  Needless to say, AAR is a deeply undervalued stock, even accounting for a slowdown in its business.

  I re-recommended purchase of AAR’s shares last week at $11.75 each, and while the stock has shot up to $16.00, I still feel that it is undervalued, but not by quite as much as I did before.

  Don’t take my word for it, do your own due diligence and pay special attention to how low AAR is trading compared to its book value, tangible book value, and the recent insider buying.

  If you’ve got new money to invest, AAR is my #1-B choice for new money right now.

Hot High Tech Stocks To Watch For 2014: Transamerica Income Shares Inc.(TAI)

Transamerica Income Shares Inc. is a close ended fixed income mutual fund launched and managed by Transamerica Asset Management, Inc. It is co-managed by AEGON USA Investment Management, LLC. The fund invests in fixed income markets. Transamerica Income Shares Inc. is domiciled in United States.