Morgan Stanley’s Most Preferred and Least Preferred European Utilities

This week Morgan Stanley upgraded several European Utilities to in-line from cautious “as fundamentals within the power and gas market improve, leverage is now more sustainable and earnings revisions have reached their nadir.” The bank’s most preferred names in this sector are: 1.Company: Centrica (CPYYY) Current Dividend Yield: 5.09% Country: UK 2.Company: Energias de Portugal …

Continue reading ‘Morgan Stanley’s Most Preferred and Least Preferred European Utilities’ »

Chart: Another Look At Why Diversification Matters

The following chart shows the returns of various asset classes from 2001 to 2010: Click to enlarge The 10-year annualized return for foreign stocks was 3.94%. However they returned over 32% in  2009 and 8% in 2010. While foreign stocks fell over 43% during the credit crisis in 2008, they yielded double digit returns every …

Continue reading ‘Chart: Another Look At Why Diversification Matters’ »

Hunting for Investment Options Among Foreign Oil Stocks

Crude oil prices continue to fall this year with the price for October delivery dropping to $88.61 on the New York Mercantile Exchange according to a Bloomberg report today. Demand is projected to decline as economic growth slows especially in the developed world.  In addition, the Paris-based IEA lowered its estimates for oil consumption this …

Continue reading ‘Hunting for Investment Options Among Foreign Oil Stocks’ »

Are Foreign Bank Stocks Worth A Look Now?

Most global bank stocks are in the negative territory so far this year. Especially European financials have been hit hard in recent months due to the resurgence of sovereign credit crisis. However some foreign bank stocks may be getting cheaper now and are worth a look at current levels. From a Bloomberg article titled Europe …

Continue reading ‘Are Foreign Bank Stocks Worth A Look Now?’ »