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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, 2008

Posted by deminvest in BA, Boeing, China stock, goog, Google, International Hotel Group, Internet stocks, investment, investment strategies, Nasdaq stock, Wipro, WIT.
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5 comments

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:

Bargains on Wall Street

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…)