Why is COP pe ratio so low? Should I buy ConocoPhillips now? October 9, 2006Posted by deminvest in COP ConocoPhillips, Single stocks, stock I own, stocks, stocks that pay high dividends.
Two interesting quentions. I will write this blog in a short time because I already know my answer to the second one is yes.
Being a proletarian investor and part of the herd, I always want to place my orders fast. My investors decisions are based on irractional impulse. I am so convinced COP at P/E 5.35 is a total bargain also because I got to know that Warren Buffet invested heavily on COP too, but he bought at a price higher than what I will be able to get.