What will I chose in market packed with bargains like General Electrics (GE), Google (GOOG), STP Suntech Power, GOL, Mariott (MAR) Boing (BA) and many others? March 26, 2008Posted by deminvest in BA, Boeing, China stock, goog, Google, International Hotel Group, Internet stocks, investment, investment strategies, Nasdaq stock, Wipro, WIT.
Tags: bargains, Wall Street
I must be crazy. I see great bargains in the same Wall Street where big gurus see thunderstorms and danger. I feel just like one of those bargain hunters:
My problem: too much choice of under-priced stocks! Not easy to pick.
- I could get some more GE: P/E 16, forward P/E 13. Juicy dividend yield of 3.70%. revenue and earnings growing
- I could get some more Google: Forward P/E 17. Yea they say their revenue and earnings growth may slow down. So what? Google is more successful than ever. Google’s growth in advertising revenue in 2007 in USA was larger than revenue growth of all other advertising seller summed together. Also Google has cash corresponding 10% of its market cap. Even if Google has a few quieter quarters, its fundamentals are as great as ever.
- I could get some more STP Suntech Power: it is Worlds largest Solar panels producer. Everybody wants clean energy nowadays. That is why STP during last quarter had Revenue Growth: 82.50% earnings Growth (yoy):61.10%. I could get this stock as cheap as Forward P/E: 12 (more…)
In September I was undecided between those 4 options: Johnson & Johnson JNJ, India Fund IFN, Wipro WIT or Boeing BA: Graph
I took JNJ because of its good numbers, because it could be a safe heaven in times of markets turmoil and because I was convinced by other investor that it was the right choice. Now I have to make my October investment choice.
I think I will get IFN today. In September, I wrote: “ India Fund because I still think India has great opportunities and this closed end fund is trading at a favourable 10% discount. I called this fund a rip off when is used to trade at 30% premium, but now it is undervalued. Also IFN owns shares of many excellent Indian companies that are not available for Western investors.”
Re: SAY versus INFY, WIT. Should I buy more Satyam, more Infosys, or buy some Wipro stock? January 26, 2007Posted by deminvest in IFN India Fund, India Investing, INFY Infosys Technologies, investment, SAY Satyam Computer Services, Single stocks, stock I own, stocks, WIT.
I was answering to a comment… and ended up writing a post.
1) Say is much smaller and so far it is not competing for market Leader Spot. Revenue of SAY is smaller and growing slower:
Satyam Computer Services Ltd. (SAY):
Revenue: 1.38B Qtrly Revenue Growth (yoy): 31.30%
Infosys Technologies Ltd. (INFY):
Revenue: 2.90B Qtrly Revenue Growth (yoy): 44.40%
Wipro Ltd. (WIT):
Revenue: 3.09B Qtrly Revenue Growth (yoy): 43.30%