10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Goldman Sachs Chief Strategist Cohen - This Is the Year the Big Cap Companies Start Deploying Their Cash Hoards

February 21, 2013 | About:
CanadianValue

CanadianValue

212 followers
- Cohen thinks 2013 is the year that the large cash hoards that have been built up for years start to get used in the form of dividends, acquisitions and expansion.

- Earnings and book values have been increasing along with share prices so the stock market valuation has not gotten any less attractive.

- The fact that many companies still trade below book value means that an acquisition is a less expensive way to expand (buying below book) than building something new.

- All Western countries have declining birth rates; without immigration it is difficult if not impossible to grow economies.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.0/5 (1 vote)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK