logo

Best Big Companies For The Long Term
By: Dividend Growth Investor   Thursday, April 23, 2009 10:42 AM

Vote for next session
The next market session will close:

In the current market, small caps are not the only companies that are undervalued or mispriced. Although the markets have risen substantially from its lows there are still bargains to be had, especially if your focus is on buying for the long run. Late last year, Forbes released their platinum 400 best big companies and 200 best small companies which is a fantastic source of finding undervalued bargains. Take for example the following companies which were reviewed and estimated on Dec 11, 2008.

Blue Nile (NILE)


  • Price on Dec 11: $27.84

  • Estimate price: $32

  • Current price: $36.88


Jos. A. Bank Clothiers (JOSB)

  • Price on Dec 11: $26.15

  • Estimate price: $44

  • Current price: $36.61


Diodes (DIOD)

  • Price on Dec 11: $4.39

  • Estimate price: $15

  • Current price: $12.24


FactSet Research Systems (FDS)

  • Price on Dec 11: $38.36

  • Estimate price: $44

  • Current price: $48.22


These are small to mid cap size companies so the price difference is to be expected, but todays market also has created many of the same opportunities within the large cap universe.

Forbes Best Big 400 Companies Screen

  1. Immediately exclude financials (don’t understand or know how to value them)

  2. Run the companies through the investing spreadsheet with the PE as the growth rate, but capped at 15% except for some special cases.

Next Page >>123

(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Advertisement
Partner Center
Recent Articles by Dividend Growth Investor



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia