I had a conversation today with an investing peer about where value might be found in the market with the media recently concentrating on record oil prices, credit/debt markets and expected worldwide inflation. While at this moment the sentiment appears to be bleak, there are a number of stocks I currently hold that are trading at attractive valuations which have global scale, top end brands/products/service and very attractive dividend yields. Each of these, in my assessment, could easily return 10-12% on a 12-month basis (including dividends). In an environment where risk and volatility take no prisoners, that doesn’t seem all that bad, does it? What stocks are on your list?
Stocks with forward P/E less than 10x & greater than 3% Yield:
Stocks with forward P/E around 15x & greater than 2.5% Yield:
What stocks are on your list?