Time to buy in Europe? Just got Intesa San Paolo (BIT:ISP), best dividend yielding dog of the Eurostoxx January 17, 2008
Posted by deminvest in Defensive Stock, Dogs of the Eurostoxx 50, European Stocks, investment, investment strategies, ISP Intesa San Paolo, Italian stocks, Single stocks, stock I own, stocks that pay high dividends.9 comments
I think it is time to buy in Europe: which
- it is far enough from US Subprime troubles,
- has a more reliable currency
- does not have the unbalance of US Economy (importing and consuming too much) or of Asia (consuming too little, exporting too much and at risk if US customers cut spending.
Hopefully I found a way to get a bargain and still play safe on my monthly stock investment.
Intesa San Paolo is Italy’s largest bank,
- did not have anything to do with US sub-prime chaos,
- has good numbers,
- is first among the “Dogs of the Eurostoxx 50”
- offers 7% Dividend yield that should be sustainable in the long run.
- has a honest P/E around 11.5
- Analysts seem to estimate growing earnings and sales for 2008 (more…)
Democratic Investments by the people for the people 