I do not believe that the global diversification strategy is dead for some of the reasons discussed at the end of this article. However this year it hasn’t helped investors.Many foreign markets have fallen more than the US markets. In the US, the S&P 500 Index is down 40.53% year-to-date(YTD) as of November 14,2008.Within the …
Many foreign stocks that trade as ADRs in the US have fallen heavily in-line with their home country’s market performance. In order to identify the ADRs that are down more than 80% year-to-date I ran the screener and ended up with the 38 stocks listed below. Foreign ADR Stocks Down > 80% [TABLE=121] Analysis: 1.The …
Last month Platts(A Division of The McGraw-Hill Companies) released the “Platts’ 2008 Top 250 Global Energy Companies” list.In this post lets look at the top 10 companies from this list. The rankings are based on the following four key metrics: Asset Revenues Profits Return on Invested Capital The list comprised of companies in nine subcategories …
Continue reading ‘The Top Ten Energy Companies of the World 2008’ »
The price of Crude oil reached a peak of $147 in July of this year.After that peak, the price has continued to fall and settled at about $64 today, Thats a crash of more than 50% in just a few months. Today gas stations in some parts of the US are selling gas for $1.99 …
Continue reading ‘Top European Oil Stocks with Great Dividends’ »
According to DataMonitor, the following are The Top 5 Global Forest & Paper Products Companies as ranked by their 2007 forest & paper products sales. 1.Company Name: International Paper Company Ticker: IP Country: USA 2007 Revenues: $21.8B Dividend Yield : 5.79% 2.Company Name: Weyerhaeuser Company Ticker: WY Country: USA 2007 Revenues: $14.0B Dividend Yield …