These are the stocks I have decided on:
Western Digital, WDC - I picked this company, because I love their product and in researching my purchased realized that they have an 80% share of the hard drive market( impressive), I liked their branding, advertising, website and materials included in their product. Their stock price is at 32.97, with the 2 year high being around 35, which means that they did not fall as far as other stocks in the beginning of this year. Their quarterly earnings growth is over 100% and income hovers around 900 M. My notebook harddrive is sleek, shiny and red!
Google - it's a great company and although it is priced high, I still think they are on the right track and therefore their stock could continue to rise - this gives me the opportunity to follow an expensive stock, without risk! I should have bought this stock 8 years ago and didn't so this is my way to deal with that missed opportunity.
Google's stock price has grown to almost $800 a share to now around 450. I have watched them grow strategically grow into a firma that could have it's thumb in the pie of just about every other company in the world - that is great placement. At this point, whether you advertise on line or want you website searched or want to find anything about anything - most go to google!
Their revenue is 18 B with 24% profit - need i say more?
Wells Fargo - well reading the blogs, Forbes magazine and business week; they all agree that these finacial stocks have been pummeled to a rate lower "than they deserve" so in the long run they should rebound to a more realistic price. I have chosen Wells Fargo , honestly, because of good ol' american West mystic and because I'm made at just about every other bank, as my banks have switched hand multiple times in the last 15 years and there was no customer loyalty along the way! Their revenue is 34B with 22B profit in 2008. At the moment I bought, financial blogs were confident that Wells Fargo was not going to sucked in much deeper into the crisis.
Great Wolf Resorts - I am ambivalent about this one: Great Product, new resorts opening, but I hated their press material, the language- boring - This company needs to restructure, re-organize, they are seriously not taking advantage of their strengths and the financial management is not managing their loans ( they have had to sell off property) I'm impressed that despite all these drawbacks their sales are continuously up by double digits - There is opportunity here...
more later....
Monday, February 25, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment