Meryl Witmer’s Latest Barron 2011 Roundtable Stock Picks

Barron’s collected the opinions of ten market observers this weekend.  Following is a summary of one of these investors’ calls on the market. What do you think of their selections?  Be sure to stay tuned for an analysis of the other nine pundits’ calls.

Meryl Witmer: Meryl Witmer is the general partner of Eagle Capital Management.

  • Macquarie Infrastructure (NYSE:MIC): The shares have traded in a 52-week range of $12.23 to $26.40 and most recently traded at $25.90.  Its market capitalization is $1.19 billion, its P/E ratio is 10.75, it earned $2.41 per share last year, and it paid a dividend of $0.80 per share.  About the company:  Macquarie Infrastructure Company LLC owns, operates, and invests in infrastructure businesses in the United States. The Company’s businesses and investments include an airport services business, a gas production and distribution, a district energy business, off-airport parking business and an interest in a company that owns and operates a bulk liquid storage terminals.  Competitors include: Grupo Aeroportuario (NYSE:PAC) (NYSE:ASR) (NASDAQ:OMAB), AAR Corp. (NYSE:AIR), BBA Aviation plc (NYSE:BBA), and Martin Midstream Partners (NASDAQ:MMLP).
  • Innophos Holdings (NASDAQ:IPHS):  The shares have traded in a 52-week range of $24.20 to $47.64 and most recently traded at $45.87 per share.  Its market capitalization is $995.32 million, its P/E ratio is 16.96, it earned $2.70 per share last year, and it pays a dividend of $1.   About the company:  Innophos Holdings, Inc., through a subsidiary, produces phosphate salts, acids, and related products. Specialized phosphate salts are used in foods, beverages, pharmaceuticals, oral care products, and other products; purified phosphoric acid is used in water and metal treatment applications; and technical sodium tripolyphosphate is used in detergents. The Company also produces fertilizers.  Competitors include: Penford Corporation (NASDAQ:PENX), Hawkins, Inc. (NASDAQ:HWKN), Quaker Chemical Corp. (NYSE:KWR), Sigma-Aldrich Corp. (NASDAQ:SIAL), Potash Corp. of Saskatchewan (NYSE:POT), International Flavors & Fragrances (NYSE:IFF), and Sensient Technologies Corp. (NYSE:SXT).

(Note: All the original Barron’s article can be seen here.  Selected financial data is taken from Yahoo! Finance.  All data are assumed to be accurate.)

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