Berney; RE:" Retail and Drugz "
>Let's look at them: SGP current PE 43.8, historical average 20.2, projected growth rate 15.2; WMT current PE 34.6, historical average 23.9, projected growth rate 13.6; WLA current PE 61.8, historical average 24.3, and projected growth rate 23.2. I just don't see how a buy and hold investor can make money long-term with these ratios.
Well that's not encouraging, from a F/A perspective; not at all.
>I would suggest considering those stocks in the Big Boyz that are selling below their historic average PE ratio and their projected growth rate. The short list: CAT, CMB, MWD, SLB, S, and TRV.
hmmm... CMB, MWD and CCI/TRV I have been accumulating this sector down here, as you know, based upon our mutual F/A perspective; ie., we're not going anywhere without our banks.
SLB/HAL, well - what can one say ?
CAT ? I got burned on DE this year... yeah, I see the F/A, but (!)
S ? don't like its T/A (whereas I do like the way WMT/WAG move)
You don't mention KO, which surprises me a little, Berney -?
-Steve |
