10 Best Warren Buffett Stocks To Buy For 2014

Warren Buffett�� recent column on Fortune Magazine has a controversial title ��hy stocks beat gold and bonds��and caught many eyeballs. But if one read into the article, one would know that Warren Buffett didn�� mean to promote stocks. The phrase he used was ��roductive assets��

My personal experience as a writer is that editors are more than willing to change the title of articles for the sake of attracting eyeballs. Although I didn�� see such thing with GuruFocus, I saw a lot of complaint in other places. The article is from Buffett, but the title could probably be cooked up by Fortune�� editors. They know that people like to jump on to this title and start to debate right away. And for a media company, mouse clicks are real money.

In Buffett�� own words:

��y own preference -- and you knew this was coming -- is our third category: investment in productive assets, whether businesses, farms, or real estate. Ideally, these assets should have the ability in inflationary times to deliver output that will retain its purchasing-power value while requiring a minimum of new capital investment. Farms, real estate, and many businesses such as Coca-Cola (KO), IBM (IBM), and our own See's Candy meet that double-barreled test. Certain other companies -- think of our regulated utilities, for example -- fail it because inflation places heavy capital requirements on them. To earn more, their owners must invest more. Even so, these investments will remain superior to nonproductive or currency-based assets.��/p>

Top 10 Computer Hardware Companies To Buy Right Now: Daimler AG (DDAIF)

Daimler AG (Daimler), incorporated on May 6, 1998, develops, manufactures, distributes and sells a range of automotive products, mainly passenger cars, trucks, vans and buses. It also provides financial and other services relating to its automotive businesses. The Company offers its automotive products and related financial services primarily in Western Europe and in the North American Free Trade Agreement (NAFTA) region, which consists of the United States, Canada and Mexico. During the year ended December 31, 2009, the Company derived approximately 46% of its revenue from sales in Western Europe and 21% from sales in the United States. It operates in five segments: Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. Its other business interests consist primarily of its equity investments in the European Aeronautic Defence and Space Company EADS N.V. (EADS) and in Tognum AG. In October 2009, Deutsche Bank AG completed the disposal of its interest in the Company. In June 2011, Daimler AG and Rolls-Royce Holdings PLC had secured around 94% interest in Tognum AG-DJ.

Mercedes-Benz Cars

Mercedes-Benz Cars designs, produces and sells Mercedes-Benz passenger cars, Maybach luxury sedans and smart micro compact passenger cars. During 2009, Mercedes-Benz Cars contributed approximately 51% of the Company�� revenue. The Company offers Mercedes-Benz passenger cars with a range of diesel and gasoline engines. Under the AMG brand, it offers versions of Mercedes-Benz vehicles with V8 or V12 engines in all classes, except in the A-, B-, R-, GL- and GLK-Classes. The Mercedes-Benz passenger car product range consists of S-Class, E-Class, C-Class, A-/B-Classes and ML-/R-/G-/GL-/GLK-Classes.

The S-Class is a line of luxury sedans, which are available in short and long wheelbase versions. In June 2009, the Company introduced a new generation of the S-Class sedans, including a hybrid version, the new S 400 BlueHYBRID. The S-Class sed! ans are complemented by the CL, a top-of-the-line two-door coupe, and the SL, a luxury roadster. The E-Class is a line of luxury sedans, coupes, convertibles and station wagons. It also offers the CLS, a four-door coupe based on the E-Class. The C-Class is a line of compact luxury sedans and station wagons. The CLC Sports Coupe and the SLK, a two-seat roadster, complement the C-Class product family.

The A-Class is a front wheel drive compact and the B-Class is a front wheel drive 4-door Compact Sports Tourer (CST). The Company does not offer the A- and B-Classes in the United States. The ML-Class is a line of sport utility vehicles with permanent all-wheel drive. The R-Class is a line of SUV Tourers, which is available in a short and a long wheelbase version. The GL-Class is a line of seven seat luxury sport utility vehicles. The GLK-Class is a line of compact sport utility vehicles. The G-Class is a line of cross country vehicles with permanent four-wheel drive that come in a short and a long wheelbase version, and as a convertible. Under the Maybach brand, the Company offers a line of luxury sedans with outstanding luxury, comfort, and individuality. Maybach sedans are available in a short and a long wheelbase version, including the Maybach 57S and 62S as sportier variations. The smart brand represents a micro compact car concept. It offers two models, the smart fortwo coupe and the smart fortwo cabrio.

Daimler Trucks

Daimler Trucks manufactures and sells trucks and specialty vehicles under the brand names Mercedes-Benz, Freightliner, Western Star, Thomas Built Buses and Fuso. During 2009, Daimler Trucks contributed approximately 21% of its revenue. During 2009, the Company ceased production of trucks under the Sterling brand name. The Company�� European Mercedes-Benz truck lines consist of the Actros and the Axor in the heavy-duty category, the Atego in the medium-duty category, and the specialty vehicles Econic and Zetros. The Unimog, a four-wheel drive ve! hicle for! special purpose applications, complements the line-up. In Turkey and Brazil, it manufactures heavy-duty and medium-duty trucks for the respective local and certain export markets. Its Mercedes-Benz trucks range from 6 metric tons gross vehicle weight (GVW) to 41 metric tons GVW.

The Company�� United States subsidiary, Daimler Trucks North America LLC, manufactures trucks and buses (based on truck chassis) in Classes 3 through 8 (from 9,000 lbs. GVW to 160,000 lbs. GVW) and sells them under the Freightliner, Western Star, and Thomas Built Buses brand names, primarily in the NAFTA region. It also manufactures chassis for trucks, buses, walk-in vans and motor homes in Classes 3 through 7 (from 10,000 lbs. GVW to 33,000 lbs. GVW). During 2009, Freightliner introduced a new version of the Coronado, an on-highway truck. It Japan-based subsidiary, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), offers a truck portfolio and several bus lines, primarily for the Japanese and other Asian markets. The line-up includes the Canter trucks (light-duty), the Fighter trucks (medium-duty) and the Super Great trucks (heavy-duty) and also certain bus models (Rosa and Aero). MFTBC also sells trucks in Africa, Australia, Europe, Latin America and the United States.

Mercedes-Benz Vans

Mercedes-Benz Vans designs, manufactures and sells vans under the brand names Mercedes-Benz and Freightliner. During 2009, Mercedes-Benz Vans contributed approximately 8% of its revenue. The Company offers three lines of Mercedes-Benz vans between 1.9 metric tons (t) and 7.5t gross vehicle weight (GVW): the Vario, the Vito/Viano and the Sprinter. In the NAFTA region it sells the Sprinter under the Freightliner brand name and, since January 1, 2010, also under the Mercedes-Benz brand name. As of December 31, 2009, subsidiaries of Chrysler Holding LLC sold the Sprinter in the United States under the Dodge and Freightliner brand names, and in Canada under the Dodge brand name.

Daimler Buse! s

!

Daimler Buses is a global supplier in the worldwide bus market. During 2009, Daimler Buses contributed approximately 5% of the Company�� revenue. Its product portfolio includes city buses, coaches, intercity buses, midi buses and bus chassis. It sells complete buses under the Mercedes-Benz and Setra brands in Europe, under the Mercedes-Benz brand name in Mexico, and under the Setra and Orion brand names in the United States and Canada. In addition, Daimler Buses produces and sells worldwide a range of bus chassis under the brand name Mercedes-Benz.

Daimler Financial Services

The Company�� financial services activities contributed approximately 15% of its revenue during 2009. It consists principally of financing and leasing services supporting its Mercedes-Benz and other vehicle businesses. The financial services the Company offers consist mainly of customized financing and leasing packages for its retail and wholesale customers in the automotive sector. It also provides financing to its dealers for vehicle inventory and property, plant and equipment purchases, and it offers insurance brokerage and fleet management services, including dealer property and casualty insurance. In Germany, the Company operates a licensed bank, the Mercedes-Benz Bank. The Mercedes-Benz Bank offers financial services to its customers and employees in Germany. These services include leasing and sales financing services, car savings plans, credit cards and demand deposit accounts. In addition, the Mercedes-Benz Bank operates branches in Great Britain and Spain to refinance the local dealer portfolios.

The Company competes with BMW, Volkswagen, Fiat, Ford, General Motors, PSA, Renault, Tata Motors, Toyota, Honda, Nissan, Suzuki, Scania, Iveco, Volvo, DAF, Navistar International, Paccar, Hino, Isuzu, MAN Commercial Vehicles, Irisbus and Agrale.

Advisors' Opinion:

• [By John Rosevear]

  Luxury car sales represent just a small portion of overall car sales, but they generate big profits for their makers. So far in 2013, German giant Daimler's (NASDAQOTH: DDAIF  ) Mercedes-Benz brand leads the U.S. luxury-car market. But key rivals have been gaining ground, and the battle for this lucrative market is growing fierce.

• [By Charles Sizemore]

  General Motors shares trade for just 8.7 times expected 2014 earnings and an almost pitiful 0.37 times sales. To put this in perspective, Daimler (DDAIF) — my pick in InvestorPlace�� Best Stocks of 2013 contest — trades for 14.3 times expected 2014 earnings and 0.58 times sales.

• [By Alex Planes]

  For Daimler (NASDAQOTH: DDAIF  ) , the move offered a way to make greater inroads to the lucrative American market. For Chrysler, the prospect of taking on the much stronger Ford (NYSE: F  ) and General Motors (NYSE: GM  ) in Europe was tremendously enhanced by Daimler's home-field advantage. It was at the time the largest industrial merger in history, although the combined company would still be only the fifth-largest automaker in the world, behind both Ford and GM. When combined, the two companies had more than 440,000 employees and a market capitalization nearing $100 billion.

• [By Associated Press]

  According to the ACEA, in the first three months of 2013 General Motors saw sales drop 13 percent, PSA Peugeot sales were down 15 percent, Ford was down by 20 percent, Toyota (NYSE: TM  ) 18 percent, and Fiat 9 percent. In the premium market, which had continued to sell well as the mass market slumped, manufacturers were starting to feel the pinch. BMW was down a slight 0.9 percent while Daimler (NASDAQOTH: DDAIF  ) rose 0.2 percent.

10 Best Warren Buffett Stocks To Buy For 2014: Highway 50 Gold Corp (HWY)

Highway 50 Gold Corp. is an exploration-stage company. The Company is engaged principally in the acquisition and exploration of exploration and evaluation assets. The Company owns, or has the right to acquire an interest in, two projects located in Nevada (the Golden Brew Property and the Porter Canyon Project). Porter Canyon Project consists of 201 unpatented claims located in Lander County, Nevada that cover the projected north-eastern terminus of the Eastgate volcanic trough under pediment cover outboard of the Quito Mine. The Golden Brew claims (Golden Brew) consists of 153 claims prospective for Carlin-style gold mineralization. The gold mineralization at Golden Brew consists of a zone of gold bearing jasperoid measuring 2,500 feet long and up to 200 feet wide, hosted in thin bedded platey Cambrian-aged carbonates. Advisors' Opinion:

• [By Ben Levisohn]

  It wasn’t all good news, however. Healthways�(HWY) plunged 30% to $11.41, making it the S&P 1500′s biggest loser, while�Cameron International (CAM) fell 18% to $53.25, making it the S&P 500′s weakest stock. Both released disappointing earnings reports this week.

10 Best Warren Buffett Stocks To Buy For 2014: Enventis Corp (ENVE)

Enventis Corporation, formerly HickoryTech Corporation, is an integrated communications provider. The Company has a five-state fiber network spanning more than 3,250 route miles with facilities-based operations across Minnesota and into Iowa, North Dakota, South Dakota and Wisconsin. Enventis Telecom, Inc. (Enventis) provides business Internet protocol (IP) voice, data and video solutions, Multi-Protocol Label Switching (MPLS) networking, data center and managed hosted services and communication systems. HickoryTech delivers broadband, Internet, digital television (TV), voice and data services to businesses and consumers in southern Minnesota and northwest Iowa. The Company�� operations are conducted through nine subsidiaries. Its Fiber and Data and Equipment Segments subsidiaries include Enventis, Enterprise Integration Services, Inc. (EIS) and IdeaOne. Its Telecom Segment subsidiaries include Mankato Citizens Telephone Company (MCTC), Mid-Communications, Inc. (Mid-Com), Heartland Telecommunications Company of Iowa, Inc. (Heartland), Cable Network, Inc. (CNI), Crystal Communications, Inc. (Crystal) and National Independent Billing, Inc. (NIBI). The Company operates in three segments: Fiber and Data, Equipment and Telecom. The Company formed Enterprise Integration Services, Inc. (EIS) on January 2, 2012. On March 1, 2012, the Company acquired IdeaOne Telecom Group, LLC.

Fiber and Data and Equipment segments portion of its business serves customers across a five-state region with IP-based voice, transport, data and network solutions, managed services, equipment, network integration and support services. Through its regional fiber network, the Company provides wholesale fiber and data services to regional and national service providers, including interexchange and wireless carriers. It also specializes in providing integrated unified communication solutions for businesses, such as enterprise multi-office organizations, small and medium-sized businesses (SMB), primarily in the Upper Midwes! t. Residential customers are not targeted by the Fiber and Data or Equipment Segments. Its Telecom Segment provides residential and business services, including high-speed Internet, broadband services, digital TV and voice services in its legacy telecom markets. Telecom consists of the operation of local telephone companies or incumbent local exchange carriers (ILEC) and the operation of a competitive local exchange carrier (CLEC). All of its telecom operations are operated as one integrated unit. Its ILECs and CLEC are the primary users of the services provided by its subsidiary, National Independent Billing, Inc. (NIBI). NIBI also sells its services externally to other companies in the communications industry.

Fiber and Data and Equipment Segments

The Company, through its two business-to-business segments, Fiber and Data and Equipment, provides integrated data services and fiber based communication solutions, including IP-based voice, data and network solutions to business customers in the Upper Midwest. The product portfolio includes fiber, data and Internet, Voice and Voice over IP (VoIP), Managed and hosted services and data center services. As of December 31, 2011, it owned or had long-term leases to approximately 2,175 fiber route miles of fiber optic cable, including 225 miles acquired with the IdeaOne acquisition and has metro fiber optic rings that directly connect the network with businesses (interexchange carriers, wireless carriers, retail, health care, Government and education customers). Additional local fiber rings connect its network to local telephone central offices along with the Telecom Sector network, which has 1,155 fiber optic miles. It also serves customers through interconnections that are leased from third party service providers.

The Company�� product portfolio includes SingleLink Unified Communications (SingleLink), a hosted or managed IP communications service, which includes local and long distance voice, business IP telephony via ! a hosted ! IP private branch exchange, unified messaging and Internet access. The SingleLink solution is primarily targeted at SMB customers but also has enterprise customer applications. IdeaOne Telecom Group, LLC is a metro fiber network provider in Fargo, North Dakota. IdeaOne provides data networking, Internet, colocation, phone and hosting services to approximately 3,600 customers in the Fargo area. The acquisition added 225 fiber route miles to HickoryTech�� regional network. It has Minnesota offices located in Minneapolis, Duluth and Rochester and operates data centers in Edina, Duluth and Mankato. It also has an office located in the Des Moines, Iowa area. The Equipment segment product portfolio includes equipment solutions, total care support and monitoring and professional services. The Company provides converged IP services that allow all communications (voice, video and data) to use the same IP data infrastructure. Equipment solutions include TelePresence, Unified Communications, Data Center and Virtualization, Professional Services, Total Care and Security.

Telecom

The Telecom Segment provides local telephone service, long distance, calling features, digital subscriber line (DSL), Internet, digital TV, data services and a phone book directory to residents and businesses in its legacy markets. As an auxiliary business, the data processing services of NIBI are also included within this Sector. Telecom includes three ILECs: MCTC, Mid-Com and Heartland. MCTC and Mid-Com provide telephone services in south central Minnesota, specifically the Mankato, Minnesota region, and 11 rural communities surrounding Mankato. Heartland, its third ILEC, provides telephone services for 11 rural communities in northwest Iowa. In total, there are 23 ILEC exchanges within this Segment. Also included is a CLEC, Crystal, which provides services in south central Minnesota and near Des Moines, Iowa. There are eight Minnesota CLEC exchanges and two Iowa CLEC exchanges. NIBI provides data processing an! d related! services for its affiliated companies, as well as for other ILECs, CLECs, interexchange network carriers, wireless companies and cable TV providers throughout the United States and Canada.

The Company owns and operates a 1,075 mile fiber optic network and facilities in Minnesota and Iowa. These facilities are used to transport voice, data and video services between the Company�� exchanges, to connect customers to interexchange carriers and to provide service directly to end users. This network is interconnected with its 2,175 fiber mile network in the Fiber and Data Segment. Its Minnesota ILECs and CLEC are the primary users of these fiber optic cable facilities. The Company provides interexchange telephone access by connecting the communications networks of interexchange carriers and wireless carriers with the equipment and facilities of end users through its switched networks or private lines. As local exchange telephone companies, it provides end office switching and circuits to long distance interexchange carriers. The Company provides access to its network for interexchange carriers to conduct long distance business with individual customers who select a long distance carrier for the origination and termination of calls to all customers.

Advisors' Opinion:

• [By Anna Prior]

  Consolidated Communications Holdings Inc.(CNSL) has agreed to acquire broadband communications provider Enventis Corp.(ENVE) in an all-stock deal that values Enventis at about $228 million. The deal values Enventis at about $16.50 a share, a 17% premium to Friday’s close.

10 Best Warren Buffett Stocks To Buy For 2014: Humboldt Capital Corp (HMB)

Humboldt Capital Corporation (Humboldt) is an investment company with its holdings concentrated in the resource sector. The Company�� principal business is to purchase securities for investment income and capital appreciation over the long term. The Company provides early-stage risk capital, business experience and guidance to junior oil and gas enterprises. Humboldt is engaged in making investments in a range of very small to large companies, which are in turn engaged in the exploration, development, production and acquisition of crude oil and natural gas or minerals, or companies, which provides services to such companies. Humboldt also makes investments in other businesses that have potential for growth. Humboldt has investments in western Canadian energy companies, international oil and gas companies and in the mining sector, with particular emphasis on companies exploring or producing commodities. Advisors' Opinion:

• [By Inyoung Hwang]

  EasyJet Plc and International Consolidated Airlines Group SA climbed as oil prices fell after the U.S. and Russia agreed on a plan to destroy Syrian chemical weapons. Hennes & Mauritz AB (HMB) advanced to a three-year high after sales topped estimates. Remy Cointreau SA (RCO) soared the most in almost four years as Chinese cognac shipments increased.

• [By Namitha Jagadeesh]

  Zurich Insurance Group AG (ZURN) lost 3.6 percent after second-quarter profit missed analysts��estimates. Hennes & Mauritz AB (HMB) declined the most in seven weeks as Europe�� second-biggest clothing retailer reported worse-than-expected sales. BG Group Plc, which derives 20 percent of its oil-and-gas production from Egypt, slipped 2.4 percent as the death toll from nationwide violence in the most populous Arab country climbed above 500.

• [By Tom Stoukas]

  Ladbrokes (LAD) Plc plunged to its lowest price in almost a year after issuing a profit warning for its digital division. Thomas Cook Group Plc slid 6.6 percent after it said winter bookings have slowed. Hennes & Mauritz AB (HMB), Europe�� second-biggest clothing retailer, rose to its highest price after posting third-quarter profit that beat analysts��estimates.

10 Best Warren Buffett Stocks To Buy For 2014: Sierra Wireless Inc. (SWIR)

Sierra Wireless, Inc., together with its subsidiaries, provides cellular wireless solutions to the machine-to-machine (M2M) and connected device markets in North America, Europe, and the Asia Pacific. The company operates through two segments, Mobile Computing and Machine-to-Machine. It offers AirPrime embedded wireless modules, which are used to wirelessly enable various products and solutions by original equipment manufacturers (OEMs); and AirLink intelligent gateways that are rugged and industrial-grade wireless terminals for M2M and mobile applications to public safety, transportation, field service, energy, industrial, and financial organizations. The company�s AirVantage M2M cloud platform provides secure, scalable, and device-to-cloud infrastructure for M2M applications. It also provides professional services to OEM customers during their product development and launch process. The company offers its products to consumer electronics, networking equipment, automotiv e, energy, security, sales and payment, industrial control and monitoring, fleet management, field service, and healthcare industries. It sells its products and solutions through various indirect channels, such as OEMs, wireless operators, distributors, and value-added resellers. Sierra Wireless, Inc. was founded in 1993 and is headquartered in Richmond, Canada.

Advisors' Opinion:

• [By rusticnomad]

  There can't be a superior time to purchase Sierra Wireless (SWIR), the chip creator which is on track to profit from the development in Cisco's (CSCO) Internet of Things.

• [By Chris Neiger]

  As 2014 comes to a close, one Internet of Things stock is going out with a bang. Wireless embedded modules company,�Sierra Wireless (NASDAQ: SWIR  ) , has�been on a tear since November, but can the company continue its run into 2015?

• [By Chris Neiger]

  Making the connection
  One of the biggest leaders in machine-to-machine communication, or M2M, is Sierra Wireless (NASDAQ: SWIR  ) , a small-cap company that's helping usher in the Internet of Things. The company's 3G-connection module sits in Tesla's Model S sedan and helps the car connect to AT&T's�network.

10 Best Warren Buffett Stocks To Buy For 2014: Aegerion Pharmaceuticals Inc.(AEGR)

Aegerion Pharmaceuticals, Inc., a development stage biopharmaceutical company, engages in the development and commercialization of novel therapeutics to treat debilitating and fatal rare diseases. The company focuses on therapeutics to treat severe inherited lipid disorders. Lipids are naturally occurring molecules, such as cholesterol and triglycerides that are transported in the blood. Its lead product, lomitapide has completed pivotal Phase III clinical trial to treat patients with a rare inherited lipid disorder called homozygous familial hypercholesterolemia, or HoFH. The company also plans to develop lomitapide for the treatment of adult patients with a severe genetic form of hypertriglyceridemia called familial chylomicronemia. Aegerion Pharmaceuticals, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.

Advisors' Opinion:

• [By Garrett Cook]

  Shares of Aegerion Pharmaceuticals (NASDAQ: AEGR) were down 39.99 percent to $20.53 after the company reported a Q3 loss and lowered its FY14 revenue forecast.

10 Best Warren Buffett Stocks To Buy For 2014: Spectra Energy Partners LP(SEP)

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet (Bcf) and re-gasification capability of 150 million cubic feet per day. The company also owned a 24.5% interest in the approximate 700-mile Gulfstream interstate natural gas transportation system, which extends from Pascagoula, Mississippi, and Mobile, Alabama across the Gulf of Mexico and into Florida; a 50% interest in Market Hub, which owns and operates 2 salt cavern natural gas storage facilities, the Egan storage facility with gas capacity of approximately 20 Bcf, and the Moss Bluff storage facility with working gas capacity of 15 Bcf. The company transports and stores natural gas for local gas distribution companies, municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers, and producers. Spectra Energy Partners (DE) GP, LP, operates as the general partner to Spectra Energy Partners, LP. The company is based in Houston, Texas.

Advisors' Opinion:

• [By Rich Duprey]

  Natural gas transportation and storage master limited partnership�Spectra Energy Partners� (NYSE: SEP  ) �announced its 22d consecutive increase in its quarterly dividend payment. Spectra�will pay a�quarterly cash distribution�of $0.50125 on May 15 to the holders of record at the close of business on May 9. That's an increase of five-eighths cent over the previous level of�$0.495�per unit.

• [By Jonas Elmerraji]

  Gas pipeline company Spectra Energy Partners (SEP) is showing traders the exact same setup right now -- albeit slightly more textbook than Barrick's. Spectra is another ascending triangle with resistance at $46. A breakout above the $46 level is the signal that it's time to be a buyer in this nat gas transporter.

  Whenever you're looking at any technical price pattern, it's critical to think in terms of those buyers and sellers. Triangles and other pattern names are a good quick way to explain what's going on in a stock, but they're not the reason it's tradable. Instead, it all comes down to supply and demand for shares.

  That $46 resistance level is a price where there has been an excess of supply of shares; in other words, it's a place where sellers have been more eager to step in and take gains than buyers have been to buy. That's what makes a breakout above it so significant -- the move means that buyers are finally strong enough to absorb all of the excess supply above that price level.

  Don't be early on this trade.

• [By Seth Jayson]

  Spectra Energy Partners (NYSE: SEP  ) reported earnings on May 3. Here are the numbers you need to know.

  The 10-second takeaway
  For the quarter ended March 31 (Q1), Spectra Energy Partners met expectations on revenues and beat expectations on earnings per share.