Wilbur Ross Talks About Where to Invest; Top Holdings: AGO, ICO, PCS, XCO, SNBC

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Dec 03, 2010
Wilbur Ross, WL Ross & Co talked to CNBC about where he is investing. He has been busy buying banks in the US and overseas.



In the past, he has bought into stakes of this companies:

No. 1: Assured Guaranty Ltd. (AGO, Financial), Weightings: 52.57% - 16,016,396 Shares

Assured Guaranty is a Bermuda-based holding company providing credit enhancement products to the municipal finance, structured finance and mortgage markets. Assured Guaranty Ltd. has a market cap of $3.23 billion; its shares were traded at around $17.6 with a P/E ratio of 5 and P/S ratio of 2.8. The dividend yield of Assured Guaranty Ltd. stocks is 1%.



No. 2: International Coal Group Inc. (ICO, Financial), Weightings: 25.04% - 24,537,423 Shares

ICG is a producer of coal in Northern and Central Appalachia and the Illinois Basin. International Coal Group Inc. has a market cap of $1.65 billion; its shares were traded at around $8.11 with a P/E ratio of 35.2 and P/S ratio of 1.5.



No. 3: MetroPCS Communications Inc. (PCS, Financial), Weightings: 5.57% - 2,774,784 Shares

MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $4.38 billion; its shares were traded at around $12.37 with a P/E ratio of 20.9 and P/S ratio of 1.2.



No. 4: EXCO Resources Inc. (XCO, Financial), Weightings: 5.32% - 1,863,829 Shares

EXCO Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. Exco Resources Inc. has a market cap of $3.94 billion; its shares were traded at around $18.54 with a P/E ratio of 22.9 and P/S ratio of 6.6. The dividend yield of Exco Resources Inc. stocks is 0.9%.



No. 6: Sun Bancorp Inc. (SNBC, Financial), Weightings: 1.77% - 1,812,500 Shares

Sun Bancorp, Inc. is a bank holding company with two principal subsidiaries, Sun National Bank and Sun National Bank. Sun Bancorp Inc. has a market cap of $125 million; its shares were traded at around $4.44 with and P/S ratio of 0.7.



Check out the other stocks that Ross owns by clicking on Wilbur Ross.