Saturday, October 18, 2008

5 Stocks Approaching Greatness

CAPS member JMJeffrey sees that as an easy case for dialing up an outperform along with the fact that it owns a 50% stake in Brazil's top cell phone company Vivo:

Your basic European quasi-monopoly telecommunication provider selling at a 52-week low with a large growth upside. Hmmm...what do they speak in Basil? Yep, 50% stake in the leading telecom provider Vivo. They also have stakes in other growing countries. The margins on this business is good and the International investments in Vivo and others are making significant contributions to the bottom line. The yield is great ... and there is a 3 billion dollar share buy back to happen this year... So why is the share price so depressed for a large, solid, European telecom with unusually large growth staring it in the face?

A gorgeous opportunity?Cosmetics seem so commodified that any company wanting to distinguish itself from Avon Products, Revlon, or Estee Lauder may require a gimmick.

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