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Strategies & Market Trends : Value Investing

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To: Suma who wrote (34039)4/3/2009 10:02:53 AM
From: Wallace Rivers  Read Replies (1) of 78748
 
Maybe the reason there was lack of response is that they don't fit the value metrics many on this thread look at. CMG and PNRA aren't low PE, P/B, etc. stocks. They are growth stocks with relatively high betas.
However, as reversion to the mean stocks, you are correct that they are excellent trading vehicles.
Anecdotally, I frequent both CMG and PNRA (going there tomorrow on my every other week trip to COST!), and both have excellent offerings. PNRA always seems jam packed at lunch time....I've noticed a fall off in traffic at CMG, but that could be a function of the time I'm there, whether college is in session, etc.
I've heard raw material costs have become more favorable for both, especially PNRA.
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