March 25, 2008
Bears still in charge as far as sentiment it would seem;
With the stock market showing renewed strength is it safe to buy?
Yes. We’ve bottomed. 27%
Stocks will trade sideways. 31%
No. This is a head-fake. 42%
79644 Votes to date
March 20, 2008
Did the Fed do the right thing in cutting rates by 3/4 of a point on Tuesday?
Yep. It got it right. 40%
No, it should’ve cut by 1 pt. or more. 19%
No, it should’ve cut by 1/2 or 1/4 pts. 10%
No, it should have held rates steady. 18%
No, it should have raised rates. 13%
128341 Votes to date
Interesting vote with the majority agreeing with the Feds policy and action.
March 13, 2008
With gold hitting a record high of $1000 an ounce, where will it end the year?
Higher 55%
Lower 36%
At current levels 9%
11432 Votes to date
March 12, 2008
From the Yahoo poll question;
Citi
Price Ratios…………………… Company………… Industry………….. S&P 500
Current P/E Ratio………………. 34.8……………… 14.5 ……………….19.1
P/E Ratio 5-Year High………….. 41.4……………… 6.1 ………………..19.6
P/E Ratio 5-Year Low…………… 6.9 ………………1.9 ………………….5.0
Price/Sales Ratio ………………..1.37……………. 2.34………………… 2.22
Price/Book Value ………………..0.94……………. 1.39……………….. 4.08
Price/Cash Flow Ratio………… 17.80……………. 8.70………………. 12.40
General Electric
Price Ratios…………………….. Company……….. Industry…………. S&P 500
Current P/E Ratio………………. 15.3………………. 16.8……………… 19.1
P/E Ratio 5-Year High………….. NA……………….. 6.8……………….. 19.6
P/E Ratio 5-Year Low………….. NA ………………..2.7………………… 5.0
Price/Sales Ratio………………. 1.93……………… 3.01………………. 2.22
Price/Book Value………………. 2.89……………… 3.24………………. 4.08
Price/Cash Flow Ratio ………..10.20 ……………..11.60…………….. 12.40
Starbucks
Price Ratios…………………. Company………. Industry………. S&P 500
Current P/E Ratio……………. 19.9…………….. 21.3…………… 19.1
P/E Ratio 5-Year High……….. 71.2 …………….48.9…………… 19.6
P/E Ratio 5-Year Low……….. 19.6……………. 13.1……………. 5.0
Price/Sales Ratio…………….. 1.31…………… 1.99……………. 2.22
Price/Book Value…………….. 5.73……………. 5.73…………… 4.08
Price/Cash Flow Ratio……… 10.80…………… 13.10………….. 12.40
Pfizer
Price Ratios……………….. Company………….. Industry…………. S&P 500
Current P/E Ratio………….. 18.4……………….. 17.3……………… 19.1
P/E Ratio 5-Year High…….. 174.2………………. 13.1 ………………19.6
P/E Ratio 5-Year Low…….. 14.4………………… 3.7……………….. 5.0
Price/Sales Ratio………….. 3.03……………….. 3.01………………. 2.22
Price/Book Value………….. 2.26……………….. 3.93………………. 4.08
Price/Cash Flow Ratio……. 10.70……………… 12.30…………….. 12.40
On this basis, you would have to conclude that the majority of those voting were quite rational in their selections.
Why would people vote Citi?
I’m guessing on the size of the price decline and Book Value. That Citi will survive, and a few years down the road, again trade at a multiple of Book Value, in a very similar fashion to the 1991 debacle. Citi traded down to circa $5/share at that time.
March 12, 2008
Which beaten down blue-chip offers the best value?
Citigroup (C) 28%
General Electric (GE) 50%
Pfizer (PFE) 14%
Starbucks (SBUX) 8%
115015 Votes to date
