Weekly Bargain Bin Blue Chips Update Q3 Week 7164 views 2012-08-18 15:41 Tags: blue chip bargain bin below book value
Blue Chip Stock = minimum market cap 1B + minimum 10 continuous years of dividends.
Market Price = book value + premium for future growth.
The Dow closed at 13,275.20 today, up +0.51% from last week. The DJIA is up +102.77% from its 5-year low of 6,547.05 on March 9, 2009 and down -0.48% from its post '09 high of 13,338.66 on May 1.Bargain Bin Blue Chips
Meanwhile, the following 6 blue chip stocks are trading below half of price-to-book value: 3 European banks and 3 Japanese tech firms.
Near-bargain-bin Blue Chips
The following 22 blue chip stocks are trading below 0.8 price-to-book value: 5 from the Americas, 8 from Asia and 9 from Europe.