Ten Stocks for the Next Ten Years
- Thread starter s_dooley24
- Start date
Was interesting--however one thing struck me odd--as his bottom line was--
"The lesson from this article was clear: Few things matter more in investing than the price you pay for the stocks you buy, and the companies that no one cares about are much more likely to be good buys than the ones topping the performance charts"
--I found it odd his top 10 had PE's of lowest 15's to high of 66????
"The lesson from this article was clear: Few things matter more in investing than the price you pay for the stocks you buy, and the companies that no one cares about are much more likely to be good buys than the ones topping the performance charts"
--I found it odd his top 10 had PE's of lowest 15's to high of 66????
DOGS THAT BARK said:
Google was not a pick. The author was just mentioning in the context on EBay.
interesting list: by the way can tell it is a person from the US, by just reading the list.
while reading the list it struck me that you could probably tell what country someone is from by the stocks they would pick for this list.
of coarse not in all cases but in probably 90%.
for instance in Canada most of the domestic stocks are financials and resources. very few quality drug stocks (big cap pharma), or tech plays, besides Rim of any great size.
the author did not pick on resource play, one pipeline. nothing along those lines.
as for the list.
Amgen and JNJ would prefer to own an etf that tracks phama stocks they exist. if JNJ and amgen do well then so will the etf. and there is always some small company that no one has heard of that will be one of the bluest of blue chips.
also if one company stumbles which could always happen especially in this sector, future drugs, government, lawsuits, ect. then you still have others.
Cadbury good company not sure about the price and heavy competition, still not bad play for the group.
DELL just hate this play so that must mean a double....lol......this is a pure commodity with companies in asia bringing the price even lower. my new computer(s) will be cheaper that the one bought two years ago....they keep falling in price.
also HP, Apple, have woken up. and stronger Asia comp.
JPM prefer a regional US banks but not bad for value.
Mastercard do not follow it.
MDT seems expensive but a large a growing field especially as we age.
SYY will probably make you 10% a year in this portfolio, however 22.35 earnings. prefer to see it around 15.
Ebay great company, fear management, or how to spend billions by overpaying for skype, (whatever) instead of returning it to shareholders, would not want to do that, in the way of dividends.
believe Ebay lacks direction, and GOogle could be a threat quickly, still 40% profit margins, and growing revenues, at this price hard to hate the company.
still management should start a dividend and start to increase it, that way they will share the windfall intstead of buying another skype. surprised they have not blown billions on Vonage or Yahoo. give them time......
Fast this pays a div over 1% yield and seems they will be increasing it. growth looks good, shudder at the 35 pe. but still looks good, as long as they can grow.
still not one pipeline, or resource play.
thanks
selkirk
while reading the list it struck me that you could probably tell what country someone is from by the stocks they would pick for this list.
of coarse not in all cases but in probably 90%.
for instance in Canada most of the domestic stocks are financials and resources. very few quality drug stocks (big cap pharma), or tech plays, besides Rim of any great size.
the author did not pick on resource play, one pipeline. nothing along those lines.
as for the list.
Amgen and JNJ would prefer to own an etf that tracks phama stocks they exist. if JNJ and amgen do well then so will the etf. and there is always some small company that no one has heard of that will be one of the bluest of blue chips.
also if one company stumbles which could always happen especially in this sector, future drugs, government, lawsuits, ect. then you still have others.
Cadbury good company not sure about the price and heavy competition, still not bad play for the group.
DELL just hate this play so that must mean a double....lol......this is a pure commodity with companies in asia bringing the price even lower. my new computer(s) will be cheaper that the one bought two years ago....they keep falling in price.
also HP, Apple, have woken up. and stronger Asia comp.
JPM prefer a regional US banks but not bad for value.
Mastercard do not follow it.
MDT seems expensive but a large a growing field especially as we age.
SYY will probably make you 10% a year in this portfolio, however 22.35 earnings. prefer to see it around 15.
Ebay great company, fear management, or how to spend billions by overpaying for skype, (whatever) instead of returning it to shareholders, would not want to do that, in the way of dividends.
believe Ebay lacks direction, and GOogle could be a threat quickly, still 40% profit margins, and growing revenues, at this price hard to hate the company.
still management should start a dividend and start to increase it, that way they will share the windfall intstead of buying another skype. surprised they have not blown billions on Vonage or Yahoo. give them time......
Fast this pays a div over 1% yield and seems they will be increasing it. growth looks good, shudder at the 35 pe. but still looks good, as long as they can grow.
still not one pipeline, or resource play.
thanks
selkirk
Search criteria is companies that they (Morningstar) rate as five star and have *wide* economic moats.
The star rating I believe has more to do with the stock price in relation to what Morningstar analysts determine the fair market value of the shares to be.
The economc moat thing is Morningstar's way of saying competitive advantage imo
Here are some links on how they describe their rating system
http://news.morningstar.com/article/article.asp?id=147356&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=87781&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=167520&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=145496&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=130430&_QSBPA=Y
Those are the basic articles to give you an idea. If you want more just search *economic moats* on the Morningstar home page.
The star rating I believe has more to do with the stock price in relation to what Morningstar analysts determine the fair market value of the shares to be.
The economc moat thing is Morningstar's way of saying competitive advantage imo
Here are some links on how they describe their rating system
http://news.morningstar.com/article/article.asp?id=147356&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=87781&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=167520&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=145496&_QSBPA=Y
http://news.morningstar.com/article/article.asp?id=130430&_QSBPA=Y
Those are the basic articles to give you an idea. If you want more just search *economic moats* on the Morningstar home page.
dawgball said:
I can use the premium stock screener to re-create their list, but I haven't found a clean c/p method yet. If I'm bored at work I'll just list them.
Not trying to hype Morningstar, but I believe the $100 or so year membership is definately worth it. It will pay for itself 10x over imo.
selkirk said:
I knew this would be your sentiment and I agree. If you're going to pick stocks for the next decade you must have some exposure to an energy play be it direct or indirect
