CCdaCE
Full time employment: Posting here.
- Joined
- Apr 3, 2006
- Messages
- 897
What's going on here?
Am I becoming better at stumbling on to "good stocks" or is something going on with earnings -- still claiming high earnings after the housing "boom"?
Seems like the last few stocks I'd think about buying have rediculously low Price/Earnings multiples.
Obviously, I don't have a clue about what I'm doing, and there are more measures to look at beside P/E, etc. Mostly, all of this is just entertainment.
NUE - Nucor Corp.
WOR - Worthington Industries, Inc.
... both steel related.
USG - USG Corporation
... gypsum
CAT - Caterpillar Corp
URI - United Rentals, Inc.
IR - Ingersoll-Rand Company Limited
.. equipt./machinery
Etc.
Mostly all similar P/E (no raging deals) compared to their sector. Just all seem to have low P/E's.
In addition, forward P/E is generally lower (tendency to over-estimate earnings?).
Any comments?
-CC
Am I becoming better at stumbling on to "good stocks" or is something going on with earnings -- still claiming high earnings after the housing "boom"?
Seems like the last few stocks I'd think about buying have rediculously low Price/Earnings multiples.
Obviously, I don't have a clue about what I'm doing, and there are more measures to look at beside P/E, etc. Mostly, all of this is just entertainment.
NUE - Nucor Corp.
WOR - Worthington Industries, Inc.
... both steel related.
USG - USG Corporation
... gypsum
CAT - Caterpillar Corp
URI - United Rentals, Inc.
IR - Ingersoll-Rand Company Limited
.. equipt./machinery
Etc.
Mostly all similar P/E (no raging deals) compared to their sector. Just all seem to have low P/E's.
In addition, forward P/E is generally lower (tendency to over-estimate earnings?).
Any comments?
-CC