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Ken Fisher Discusses Dow Chemical Co., Lubrizol Corp., Vivo Participacoes SA

January 11, 2010 | About:
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Kenneth Fisher, chief executive officer of Fisher Investments Inc., talks with Bloomberg's Pimm Fox about his investment strategy.

Fisher also discusses the outlook for the U.S. stock market and his investment picks of Dow Chemical Co., Lubrizol Corp., Vivo Participacoes SA and LG Display Co.



(Source: Bloomberg)


Company Fisher Discussed:

The Dow Chemical Company (Dow) is a diversified chemical company. Fisher thinks this cyclical company will do well in this half of the bull cycle. He thinks the stock will climb another 50% this year. When asked how he valuate these companies, he stated that he extrapolate the profit margin of the company in the past cycle and apply that on an estimated company revenue to reach a earning estimate. Multiply that by a factor of 10, one gets the stock price estimate.

The Lubrizol Corporation (LZ) is a specialty chemical company that produces and supplies technologies for the global transportation, industrial and consumer markets. Fisher thinks LZ makes a good acquisition target.

Vivo Participacoes SA (VIV) is a Brazil-based company engaged in providing cellular telecommunications services. Fisher thinks the product is a growth story at a reasonable price. He stated that the company is also expanding into other countries in the region.


Rating: 2.8/5 (5 votes)

Comments

rudycaparrosjr
Rudycaparrosjr - 1 year ago


HazMat Experts and Firefighters petition Dow Chemical and Union Pacific for safe rail tank cars transporting gas chlorine. Secondary containment is a necessary improvement that must be implemented. See--PETITION C KIT for First Responders Comments.

tgotechnologies
Tgotechnologies - 1 year ago


TOXIC TRAIN SAFETY - A First Responders Petition caused The Chlorine Institute to conduct a five-month study comparing the safety of secondary containment to the chlorine “C”-Kit for chlorine tank cars. The study proved secondary containment to be, by far, the safest technology for containing and preventing releases of chlorine gas. To see secondary containment - search “CHLORTANKER.”

califchem
Califchem - 1 year ago
WARNING: FIRST RESPONDERS’ use of THE CHLORINE INSTITUTE “C” KIT may cause the catastrophic failure of a chlorine tank car, instantly creating a toxic gas plume with a distance of not less than seven miles. The first mile will have chlorine concentrations of 1,000 ppm, causing death after one or two breaths with no opportunity for escape. To learn more, see PETITION C KIT, click on “First Responder Warnings.”

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