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Cornelius Chan Blog

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Weekly Bargain Bin Blue Chips Update Q3 Week 7

193 views  2012-08-18 15:41   Tagsblue  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.




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