In Kevin Stewart’s Top Internationals model, Stewart looks for top performing, international companies with strong balance sheets, sales growth and earnings with low debt-to-equity ratios.
This week, he added Hansen Natural Corp (NASDAQ: HANS) to the model. HANS is a natural beverage company that focuses on producing natural juices, sodas and other drinks. They are responsible for the current line of popular Monster Energy drinks. On August 5th the company released their second quarter 2010 financial results. During the second quarter, their net sales rose 21.8 percent year-over-year. Gross sales increased 20.1 percent from the same period of 2009. In 2008 the company’s total liabilities reached $259.8 million. By 2009, they had reduced their total liabilities to $149.4 million. By the second quarter of 2010, their liabilities had once again risen, reaching $225.4 million.
Stewart also added CNOOC Ltd (NYSE: CEO), an independent gas and oil exploration and production company that happens to be China’s largest offshore crude oil and natural gas producer. On August 19th, CEO released its financial results for the first half of 2010. They showed a net profit increase of 109.6 percent year-over-year and operating cost reductions of 15.3 percent, further freeing up their ability to generate a profit. The company’s total liabilities increased from $6.8 million in 2008 to $10 million in 2009.
Finally, Stewart also added BanColombia SA (NYSE: CIB) to the Top Internationals model. CIB is a bank servicing clients in Spain, the United States, Colombia, the Cayman Islands and other locations. On August 4th they released their quarter two financial results and showed a 4 percent increase (year-over-year) in net income from fees and other services. Their total liabilities increased in the second quarter, reaching $28.9 billion when they had closed 2009 with total liabilities of $26.8 billion.
