DR Horton Seems Like a Bargain With a P/E of Only 6
DR Horton (DHI) looks great with a P/E of just 6, but higher interest rates might bring down profit estimates in he coming qtrs.
DR Horton (DHI) looks great with a P/E of just 6, but higher interest rates might bring down profit estimates in he coming qtrs.
Apple’s (AAPL) been a special stock the past two years. But post-COVID, profit growth & stock growth could slow to 12-15% a year.
Johnson & Johnson (JNJ) is a true value stock with a P/E of only 16 and seems like a solid selection in this rocky stock market.
Constellation Brands’ (STZ) beer business helps the company recover from a slowdown in production caused by the pandemic.
The company is a safe ship in this shaky market, as it is a steady grower, offers a share buyback program and pays dividends
Investors fled Adobe (ADBE) stock ths past qtr after profit growth slowed from 21% to 14%. Now with a 36 P/E it seems undervalued.
Home Depot (HD) continues to deliver strong growth as profits grew 23% last qtr on 10% sales growth with +5% same store sales.
Salesforce (CRM)’s recently acquired messaging app Slack exceeded expectations during its first full quarter with the company.
Factset Research (FDS) new bond trading ability and deep-dive industry data has spurred growth for its financial workstations.
Costco (COST) continues to amaze as it delivered 30% profit growth on 17% sales growth last qtr. But COST is rich with a 38 P/E.
Technology stocks have gotten hammered this year. Once stock that’s a safe bet to likely bounce back is Accenture (ACN).
Ross Stores (ROST) stock fell as profits only grew 7% last qtr due to higher freight, wage, and COVID related costs. Time to buy.