Top Value Companies To Own For 2014

The annual Value Investor Conference is one of the premier events surrounding�Berkshire Hathaway's�annual meeting in Omaha. The Motley Fool's Joe Magyer, Michael Olsen, and Rex Moore were in attendance and talked with several value investors.

In today's video, Joe chats with Wedgewood Partners' David Rolfe about Apple's (NASDAQ: AAPL  ) greatest advantage.

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There's no doubt that Apple is at the center of technology's largest revolution ever and that longtime shareholders have been handsomely rewarded, with more than 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on reasons to buy and reasons to sell Apple and what opportunities are left for the company (and your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.

Top Value Companies To Own For 2014: BPZ Resources Inc (BPZ)

BPZ Resources, Inc., together with its subsidiaries, focuses on the exploration, development, and production of oil and natural gas in Peru and Ecuador. It owns rights and license agreements for oil and gas exploration and production covering approximately 2.2 million acres in 4 blocks in northwest Peru and off the northwest coast of Peru in the Gulf of Guayaquil. The company also owns a 10% non-operating net profits interest in an oil and gas producing property located in the southwest region of Ecuador. As of December 31, 2011, it had estimated net proved oil reserves of 34.7 million barrels (MMBbls) of crude oil or other liquid hydrocarbons, including 27.8 MMBbls were in the Corvina field and 6.9 MMBbls were from the Albacora field located in northwest Peru. The company was founded in 2001 and is headquartered in Houston, Texas.

Top Value Companies To Own For 2014: EURASIAN NATURAL RESOURCES CORP ORD USD0.20 WI(ENRC.L)

Eurasian Natural Resources Corporation PLC, a diversified natural resources group, engages in mining, processing, energy, logistics, and marketing operations worldwide. The company operates through six segments: Ferroalloys, Iron Ore, Alumina and Aluminium, Other Nonferrous, Energy, and Logistics. The Ferroalloys segment involves in the extraction and sale of chrome ore, as well as the production of ferroalloys from chromium and manganese ores. It offers high-, medium-, and low-carbon ferrochrome; and other alloys, including ferrosilicochrome, ferrosilicomanganese, and ferrosilicon, as well as chrome and manganese concentrate. This segment sells its ferroalloys to steel producers, third party ferroalloy producers, and the chemical industries. The Iron Ore segment engages in the exploration, extraction, processing, and manufacturing of iron ore products. It produces and sells iron ore concentrate and pellets primarily to steel producers. This segment also engages in ancilla ry mining operations that produce limestone, dolomite, and construction gravel. The Alumina and Aluminium segment involves in the extraction and processing of bauxite and limestone; and the smelting of alumina and aluminum. It sells alumina to aluminum producers. The Other Nonferrous segment engages in the exploration and extraction, processing, and manufacturing of copper and cobalt products; trucking and logistics activities; and the exploration of other minerals, including coal, bauxite, platinum, and fluorspar in Africa. The Energy segment involves in coal mining and power generation in the Republic of Kazakhstan. The Logistics segment provides transportation and logistic services. Its operations include freight forwarding, wagon repair services, and railway construction and repair services, as well as a railway transfer and reloading terminal on the Kazakhstan-China border. Eurasian Natural Resources Corporation PLC is based in London, the United Kingdom.

Top 5 Financial Companies For 2014: Terra Nitrogen Company L.P.(TNH)

Terra Nitrogen Company, L.P. engages in the production and sale of nitrogen fertilizer products for agricultural and industrial applications. The company primarily offers anhydrous ammonia and urea ammonium nitrate solutions. Its customers for fertilizer products include dealers, national farm retail chains, and distributors. Terra Nitrogen GP Inc. serves as the general partner of the company. Terra Nitrogen Company, L.P. was founded in 1991 and is based in Deerfield, Illinois. Terra Nitrogen Company, LP. operates as a subsidiary of Terra Industries Inc.

Advisors' Opinion:

• [By Smith]

  Terra Nitrogen is a master-limited partnership (MLP) and a leading U.S. producer of nitrogen fertilizer. The company has annual capacity to produce 1.9 million tons of nitrogen fertilizer and 1.1 million tons of ammonia, a key fertilizer ingredient. In the past year alone, prices for Terra Nitrogen's fertilizers have increased 47%, and sales have dramatically improved. In the first six months of 2011, Terra Nitrogen's sales rose 38% year-over-year to $394.6 million, while earnings climbed a whopping 148% to $249.8 million.
  
  Earnings growth has accelerated recently, but Terra Nitrogen has been a stellar long-term performer as well. My colleague Carla Pasternak, editor of High-Yield Investing, recently highlighted Terra Nitrogen as the best-performing high-yield stock of the past decade. The reason is clear: the stock has soared more than 6,000% in 10 years. A $1,000 investment in Terra Nitrogen 10 years ago, for instance, would be worth nearly $65,000 today. 
  
  As an MLP, Terra Nitrogen is required to distribute the majority of its earnings to unit holders. The company declared a cash distribution of $3.75 per unit in this year's second quarter. On a forward basis, this works out to an annual distribution payment of $15 per unit and a generous yield of 8%.
  The company is financially sound, with zero debt and a 147% return on equity (ROE). In addition, profit margins have been exceptional, exceeding 52%, mainly because Terra Nitrogen's raw material costs are falling. The main ingredient for producing nitrogen fertilizer, natural gas, has plummeted from $14 per million BTU three years ago to roughly $4 per million BTU today. Insiders also clearly like the company's prospects; they hold 51% of the company's shares.