- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: So in this age of overvalued stocks, name some undervalued ones you see.
Posted on 7/20/13 at 10:35 pm to ThaBigFella
Posted on 7/20/13 at 10:35 pm to ThaBigFella
ENR
CSX
CSX
Posted on 7/21/13 at 11:39 am to ThaBigFella
quote:
volvagia, you always come in and make some dickhead remark trying to sound wise. Just stop man you're really pretty annoying. It's a message board, chill the frick out. I'm sorry I hurt your butthole with my comments about ETF's and mutual funds being stupid.
Always? Please show me another example on the MT
Sounds like someone got butthurt by my disagreeing with your recommendations to others to turn their backs on ETFs and funds, but it wasn't me.
Posted on 7/21/13 at 11:57 am to rmc
quote:Watching those two as well.
I think BAC and C are undervalued also.
Posted on 7/21/13 at 3:42 pm to STB
quote:
CAT
I think cat is also looking very undervalued. I think this would be a great long term buy
Posted on 7/21/13 at 11:02 pm to LSUTOM07
I might wait another quarter before you buy CAT.
China’s economy is starting to hit a wall and the slowdown with hurt US industry especially companies like CAT. Just my opinion of course.
China’s economy is starting to hit a wall and the slowdown with hurt US industry especially companies like CAT. Just my opinion of course.
Posted on 7/21/13 at 11:34 pm to lighter345
Is apple expected to miss earnings on tuesday? The puts on it are very attractive around $400
Posted on 7/21/13 at 11:43 pm to ThaBigFella
I don't know because I haven't looked into it enough but here's a relevant article to help you decide.
Smartphone Prices dropping
Smartphone Prices dropping
Posted on 7/21/13 at 11:51 pm to lighter345
quote:
China’s economy is starting to hit a wall and the slowdown with hurt US industry especially companies like CAT. Just my opinion of course.
Explain China and the effect it will have on CAT. I don't know much about either but am interested
Posted on 7/21/13 at 11:57 pm to ThaBigFella
quote:
Is apple expected to miss earnings on tuesday? The puts on it are very attractive around $400
With puts, if it stays over $400, you profit?
If it strikes $400, you buy shares @ $400?
Posted on 7/21/13 at 11:58 pm to lighter345
quote:
Smartphone Prices dropping
They should be, it's not new technology.
Posted on 7/22/13 at 12:05 am to wegotdatwood
Did you read the article?
Posted on 7/22/13 at 12:21 am to wegotdatwood
I think my comment holds well with the your link.
It's not new tech so sharks are/will come in at a lower price.
It seems the companies were too good at making the phones and people are content.
I'm excited to see who comes up with something that makes everyone splurge for the next new thing.
It's not new tech so sharks are/will come in at a lower price.
It seems the companies were too good at making the phones and people are content.
I'm excited to see who comes up with something that makes everyone splurge for the next new thing.
Posted on 7/22/13 at 12:41 am to GenesChin
quote:
Explain China and the effect it will have on CAT. I don't know much about either but am interested
This article does a decent job summing up the affect China will have on CAT and other companies: LINK
quote:
As the world's second-largest economy - and still growing - China is seen as a primary source of revenue growth by the largest U.S. companies. But a country that once boasted double-digit growth is now growing at a more modest 7.5 percent rate, its credit markets are overheated and fears of a housing bubble remain.
The slowing has occurred as major U.S. names garner more revenue from Asia. Among 18 S&P companies with large exposure to China, 12 of them were underperforming the broader S&P 500 .INX index year-to-date, including Yum Brands Inc (YUM.N) and Intel (INTC.O), which noted the slower growth in China as a headwind.
quote:
On Wednesday, hedge fund guru Jim Chanos said he was shorting Caterpillar (CAT.N), sending shares down nearly 2 percent. Chanos has long argued that China's economy is headed for a crash, saying the company is "tied to the wrong products at the wrong part of the cycle." About 25 percent of Caterpillar's revenue comes from the Asia/Pacific region, though it does not break out revenues by country.
quote:
"Caterpillar would say inventories are coming back into line. But your outlook on a stock depends on what implicit growth rate you are expecting from China," he said.
[quote]Roughly half of Caterpillar's profits are tied to the capital expenditures of global mining companies, he explained. While there's been a general acknowledgement that global mining expenditures will decrease, it won't happen gradually, as most people have predicted, Chanos believes./quote]
China's economy will continue to slow in my opinion which is the same as a growing number of people.
From what I can tell this new leadership is actually willing to let the market work on its own without arbitrary investing to spur growth and delay the inevitable. Take for example last month when the interbank lending got out of control, the central bank only intervened for instituions with the most severe liquidity issues and they did not do this immediately. Restraint like that from the central bank has been extremely rare since 2008. They overspend on infrasturcture and and housing. That shite has to stop. Credit is going to tighten and consequently there will be less investment and manufacturing which will lead to a decrease in commodity prices as well.
Another factor is that local Governments prop up businesses all the time and a lot are in extreme debt. Local politicians are promoted based on their province's growth rates.
Also the leaderships credit policy is going to tighten because China's loan growth rate is something like 20% which is clearly unsustainable with a GDP of 7.5 that I think will be fast approaching 6 before it goes up in the coming years.
Furthermore, China cares more about Social stability than the economy. What really matters here is raising China's average household disposable income because that is what the people of China care about. To do this they will continue to raise wages, which will make China's factories less competitive. The economy needs to be "rebalanced" to a more consumption driven economy than investment driven, and needed to start a few years ago.
Just keep in mind that this is a country where the economic specialists look at the amount of electricity and railroad activity as a better indicator of the economy than the government approved GDP rate. But then again the government started to order the electricity provides to report false numbers...
I know that the US is not immune to certain data manipulations to prop up GDP.
I know this was a lot and I do not claim to be an expert on the Chinese economy. Is all of this already built into the share price of CAT and others? Maybe.
If you want to learn more about the market or China in general I would make this LINK one of your daily visits.
This post was edited on 7/22/13 at 1:35 am
Posted on 7/22/13 at 12:47 am to lighter345
The corruption with China is crazy. Now, I know the USA is dirty as hell, but it seems US companies are much more truthful.
Posted on 7/22/13 at 2:58 pm to wegotdatwood
You should take a look at PZE . I bought 100 shares a month ago or so and am already up 25% and their dividend is ahead of me at 3% yield or so according to Yahoo. P/E is sub 6 and their balance sheet is reported tobe clean from bad debt. Argentina os starting to be more friendly to oil exportation too
Posted on 7/22/13 at 3:46 pm to wegotdatwood
quote:
The corruption with China is crazy. Now, I know the USA is dirty as hell, but it seems US companies are much more truthful.
That's why I'm just watching CHN and CHL right now - both have nearly unlimited upside, but I have other buys to make before I go there.
Popular
Back to top
Follow TigerDroppings for LSU Football News