Wednesday, June 11, 2008

Large Caps On New Low List

In addition to Verizon (VZ), mentioned in my last post, there continue to be attractively valued large cap stocks hitting new lows in the latest market drop. Both of these names sell for about 13 times this year’s earnings and 12 times next year’s estimates. Pretty cheap valuations for both of them.General Electric (GE) ~$30Fortunately for those who have owned the stock for a while, the days of investors paying 30 or 40 times earnings for this industrial conglomerat[...]

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[Source: The Money Blogs]

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