It appears that Germany is the strongest member of the European Union and is the country that seems to be the primary member keeping the EU alive. Germany contributes more money by far than any other country to the EU, approximately 21% of the total EU budget. From an income investing standpoint, according to WallStreetNewsNetwork.com, there are about ten dividend paying German stocks that trade in the United States, on the New York Stock Exchange and the Pink Sheets.
One German play is Deutsche Bank AG (DB) trades at 7 times forward earnings and pays a yield of 1.0% based on its last annual dividend. Earnings for the latest quarter ending March 31, 2011 were up 17% year over year.
BASF AG (BASFY.PK), the large chemical company, has a forward price to earnings ratio of 11 and generated an earnings increase of 141.8% for the latest quarter ending December 31. The stock yields 2.3% based on its last annual dividend.
E.ON AG is the German based holding company of the world's largest investor-owned energy service provider in the world. The stock pays a generous 5.9%, and trades at 7.5 times earnings.
Speaking of earnings, Germany announced its first commercial offshore wind farm, called the Baltic 1, which generates 50-megawatts of power from 21 Siemens turbines, enough to power approximately 50,000 households. The windfarm is operated by EnBW (EBK.DE), which unfortunately for US investors, can only be purchased on German stock exchanges.
However, there are other wind energy companies available to Americans, such as Broadwind Energy, Inc. (BWEN), a manufacturer of products for the wind energy industry, which has a forward PE ratio of 21. There is also Brookfield Asset Management (BAM) is a Canadian based asset management holding company which has a division that develops wind power throughout Canada, trades at 24 times forward earnings and yields 1.5%. MasTec, Inc. (MTZ) builds wind farms, solar farms, and underground and overhead distribution systems, and has a forward PE ratio of 14.5.
Even the high yield German utility E.ON has a wind energy division. For a free list of dividend paying German stocks, which can be downloaded and sorted, go to WallStreetnewsnetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Showing posts with label BWEN. Show all posts
Showing posts with label BWEN. Show all posts
Monday, May 2, 2011
Sunday, December 12, 2010
Tax Selling Bargain Stocks
One popular stock trading technique that has proven successful with many short term investors is buying stocks that are beaten down during the month of December. These are the stocks which have dropped due to people dumping their shares which were purchased at much higher prices, in order to take a tax loss establishing the loss in the 2010 calendar year. Many shareholders own stocks that they have held for three or four years, or even longer that are currently trading at a loss. The investors may need to take a loss to offset a capital gain that was generated this year. The sellers usually wait to the end of the year to dispose of their shareholdings, driving down the prices in December.
There are over 35 companies that have dropped more than 70% during the last 52 weeks, according to WallStreetNewsNetwork.com, which could include many tax selling bargain opportunities. Just remember, you want to be in and out of these stocks quickly, as the drop in stock price could be due to more than just tax selling.
Flagstar Bancorp Inc. (FBC), a Troy, Michigan based banking company, had had a huge drop. The stock traded above $5 a share back in May and even higher earlier in the year on a pre-split basis; it now trades at less than $1.50 per share. Although the company's latest earnings were negative, quarterly revenues were up 218%. The stock trades at way below its book value of $5.30, and trades at 47 times forward earnings. Earlier this year, FBR Capital upgraded its rating of the stock from Market Perform to Outperform.
Broadwind Energy, Inc. (BWEN) is another company that has taken a big dump, dropping from over $9.80 per share last December to less than $2 now. This wind tower manufacturing company has a forward price to earnings ratio of 197, with current earnings being negative. The book value is $1.64.
The bio-pharmaceutical company Affymax, Inc. (AFFY) traded for about $25 per share during the last year, but now trades at slightly above $6 a share. Recent quarterly earnings were negative but the company is debt free and has $4.14 in cash per share. Last month, WBB Securities initiated coverage on the stock giving it a Buy rating. At the same time, WBB Securities upgraded the stock from a Hold to a Buy.
To see a free list of the rest of the stocks that have dropped more than 70% during the last year and trade for at least a dollar a share, go to WallStreetNewsNetwork.com. The Excel list can be downloaded, sorted, and updated.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
There are over 35 companies that have dropped more than 70% during the last 52 weeks, according to WallStreetNewsNetwork.com, which could include many tax selling bargain opportunities. Just remember, you want to be in and out of these stocks quickly, as the drop in stock price could be due to more than just tax selling.
Flagstar Bancorp Inc. (FBC), a Troy, Michigan based banking company, had had a huge drop. The stock traded above $5 a share back in May and even higher earlier in the year on a pre-split basis; it now trades at less than $1.50 per share. Although the company's latest earnings were negative, quarterly revenues were up 218%. The stock trades at way below its book value of $5.30, and trades at 47 times forward earnings. Earlier this year, FBR Capital upgraded its rating of the stock from Market Perform to Outperform.
Broadwind Energy, Inc. (BWEN) is another company that has taken a big dump, dropping from over $9.80 per share last December to less than $2 now. This wind tower manufacturing company has a forward price to earnings ratio of 197, with current earnings being negative. The book value is $1.64.
The bio-pharmaceutical company Affymax, Inc. (AFFY) traded for about $25 per share during the last year, but now trades at slightly above $6 a share. Recent quarterly earnings were negative but the company is debt free and has $4.14 in cash per share. Last month, WBB Securities initiated coverage on the stock giving it a Buy rating. At the same time, WBB Securities upgraded the stock from a Hold to a Buy.
To see a free list of the rest of the stocks that have dropped more than 70% during the last year and trade for at least a dollar a share, go to WallStreetNewsNetwork.com. The Excel list can be downloaded, sorted, and updated.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
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