Top Companies To Own In Right Now

On Tuesday, shares of WD-40�Company (NASDAQ: WDFC  ) rose by as much as 12% before giving back all of those gains�to trade flat by the end of the session.

More specifically, quarterly net sales rose 7% year over year, to $93.1 million, while net income for the quarter came in at $10.3 million, representing an even more impressive 13.2% increase over last year.�Meanwhile, diluted earnings per share rose 15.8% year over year, to $0.66.

To be sure, these earnings crushed analysts' estimates by $0.10,�and the company raised its full-year earnings guidance by around 3.4% to boot, telling investors they now expect to earn between $2.40 and $2.48 per share.

So what happened?
So why did shares of WD-40 retreat as the day wore on?

As fellow Fool Jeremy Bowman�pointed out�Tuesday, some investors are worried that WD-40's growth doesn't seem to support its valuation. And, on the surface, with the stock trading at 22 times next year's estimated earnings, those concerns certainly look valid.�

Top Companies To Own In Right Now: Precision Castparts Corporation(PCP)

Precision Castparts Corp. (PCC) manufactures and sells metal components and products worldwide. Its Investment Cast Products segment offers aerospace structural and airfoil castings; industrial gas turbine (IGT) castings; artificial hips and knees; parts for satellite launch vehicles; landing gear struts and engine inlets for unmanned aerial vehicles; impellers for pumps and compressors; components for armament systems; and alloys for other manufacturers of investment castings. The company?s Forged Products segment provides forged components for jet engines, including fan discs, compressor discs, turbine discs, seals, spacers, shafts, hubs, and cases; airframe structural components, such as landing gear beams, bulkheads, wing structures, engine mounts, struts, tail flaps, and housings; discs, spacers, and valve components for steam turbine and IGT engines; shafts, cases, and compressor and turbine discs for marine gas engines; mechanical and structural tubular forged produ cts for energy markets; and forged components for propulsion systems on nuclear submarines and aircraft carriers, as well as forgings for pumps, valves, and structural applications. PCC?s Fastener Products segment offers aerospace fasteners comprising bolts, nuts, nut plates, latches, expandable diameter fasteners, quick release pins, hydraulic fittings, bushings, inserts, collars, and other precision components. It also provides refiner plates and screen cylinders for the pulp and paper industry; metal-injection-molded and ThixoFormed components; grinder pumps and components for sewer systems; gas monitoring systems for the power generation industry; and thread-rolling and trimming dies, pins and steel, and carbide forging tools for fastener production. PCC sells its fastener products and services through a network of distributors and independent sales representatives, as well as through a direct sales and marketing staff. The company was founded in 1949 and is based in Por tland, Oregon.

Top Companies To Own In Right Now: Oplink Communications Inc.(OPLK)

Oplink Communications, Inc., together with its subsidiaries, designs, manufactures, and sells optical networking components and subsystems worldwide. The company?s products are used to expand optical bandwidth, amplify optical signals, monitor and protect wavelength performance, redirect light signals, ensure signal connectivity, and provide signal transmission and reception within an optical network. It offers bandwidth creation products, such as wavelength expansion products comprising dense wavelength division multiplexers (DWDM), coarse wavelength division multiplexers, band wavelength division multiplexers, and DWDM interleavers; and optical amplification products consisting of gain blocks, erbium doped fiber amplifiers, wavelength division multiplexers pump/signal combiners, integrated hybrid components, WDM pump combiners, polarization beam combiners, gain flattening filters isolators, isolators, and tap couplers. The company also offers bandwidth management produc ts, such as optical switching and routing products comprising optical add/drop multiplexers, wavelength selective switches, reconfigurable OADMs, switches, and circulators; wavelength conditioning products that include variable optical attenuators, variable multiplexers, and dynamic band equalization products; and wavelength performance monitoring and protection products consisting of supervisory channel WDM, integrated WDM and tap monitor arrays, optical channel monitors, and wavelength protection subsystems. In addition, it provides optical interconnect products, including connectors and adapters, fixed attenuators, patchcords, and termination and distribution enclosures; and transmission products, such as small form-factor pluggable transceivers, XFP transceivers, CWDM transceivers, bi-directional transceivers, DWDM transceivers, optical supervisory channel transceivers, GEPON products, and 40G/100G transceiver products. The company was founded in 1995 and is headquartere d in Fremont, California.

Advisors' Opinion:

• [By Arohan]

  Another semiconductor company in this list, Oplink designs, manufactures and sells optical networking equipment. Market value is $343 million and the OPLK stock currently trades at 8.35 PE. The company has grown its EPS at 20% clip in the past 5 years and next 5 year growth rate is estimated to be 26%. It has $173 million in cash on books and no debt.

Best Stocks To Own For 2014: Whitbread Holdings(WTB.L)

Whitbread PLC operates hotels, restaurants, and coffee shops in the United Kingdom and internationally. It owns and operates 590 hotels with approximately 43,219 rooms in the United Kingdom and 5 hotels with approximately 1,076 rooms internationally under the Premier Inn brand name; and 379 restaurants under the Beefeater Grill, Table Table, Brewers Fayre, and Taybarns brand names, as well as operates 1,217 coffee shops in the United Kingdom and 654 coffee shops internationally under the Costa Coffee brand name. The company also operates roasters and facing espresso based coffee vending machines; and involves in wholesale of coffee beans. Whitbread PLC was founded in 1742 and is based in Dunstable, the United Kingdom.