Filed under: Microsoft (MSFT), Wal-Mart (WMT), Exxon Mobil (XOM), Market Matters, Johnson and Johnson (JNJ), Procter and Gamble (PG), PetroChina Co Ltd ADR (PTR), Serious Money, Stocks to Buy, China Mobile Limited (CHL), Stock Picks
The twelve super caps are down to seven: Proctor & Gamble, Wal-Mart, Johnson & Johnson, China Mobile, PetroChina, Microsoft and ExxonMobil. Five are American companies and two are Chinese. The five U.S.-based enterprises have historically strong management teams and balance sheets. If this was the only criteria, I might take pause when considering the two Chinese companies only because I do not know enough about them to make a judgment, except that they have been very successful.
“My pal Warren” placed a large bet on PetroChina (PTR), which he has since sold off, but he always makes a big deal about management, so we will give these two the benefit of the doubt. The two also pay the highest yields among the group.
So where do we stand today? We’ll stick with all seven and here is why.
Continue reading Serious Money: Buying the Super Caps, Part 6 — Conclusions
Serious Money: Buying the Super Caps, Part 6 — Conclusions originally appeared on BloggingStocks on Tue, 25 May 2010 15:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
The market continues to be very volatile and trending down. When the seas are this turbulent you want to be on the biggest ships and thus I continue my review of the super cap stocks. This time, I’m going to examine return-on-equity (ROE) and return on-invested-capital (ROIC).
For the past few weeks the stock market has been volatile and the “I told you so bears” are coming out in droves to pat themselves on the back. Well, I’m not a stock market bull but I think they are full of it!
It does not come as a surprise that the government leaders and bankers of the European Union have put up what they hope will be a buttress against further erosion of the Euro, and the nightmare that is the Greek economy. Over the weekend with the 
