Retired CFO. Have been investing since 1970 in stocks, bonds,options, preferreds and dirivatives. manged a $500 million bond fund for 3 years. Look for value plays. Currently think A- and higher rated bank preferreds are best bargain in market at 8-10% yields. Some examples are Citigroup, Wachovia, Suntrust, JPM,Bank America, Fifth Third, Sun Trust and Wells Fargo along with Fannie Mae and Feddie Mac securities. I always keep 5-10% gold positions. Think energy is in a bubble and due for a at least a 25% correction.
Only nuclear enrichment proessor in the country and is in process of replacing their plant with a new more efficient one which the Govt will gurantee …more
Only nuclear enrichment proessor in the country and is in process of replacing their plant with a new more efficient one which the Govt will gurantee financing for it.
This E&P company had over 2.5 trillion cubic feet of gas reserves at the end of 2007and drills in the Barnette and Woodford shale in OK, the Fayetteville shale in AR, Texas Malaysia and China and deep water gulf coast. Is developing south Texas properties with Exxon Mobil. Market cap is $2.8B. Morningstar has a FV of $49 on the stock. Its current price is $21. Its currrent earnings for 2009 are projected at $3.98(23 estimates) which gives it a forward p/e of just over 5. Seems awfully cheap.… More
once real estate write-offs are over, this smaller regional bank will take off. it is selling at $13 with a FV of $21. It recently sun off its subsidiary Total Systems(TSS) which will likely make it more attractive as a takeover candidate.
largest hmo/health insurer selling at single digit p/e which usually portends future profits.Even morningstar has it a 5 star with a FV of $45 compared to current price of $36
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