Posted on Monday, 23rd March 2009 by admin
Following on our recent post about US stocks that can make it to the top of the best stocks in 2009, we have 3 more stocks we think can be interesting:
Procter & Gamble (NYSE: PG, $46.95 on March 13th)
P&G is probably one of my favorite companies when we are talking about buying stocks in the middle of a recession (depression?). They offer such a wide variety of products in almost 100 countries. It is basically one of your best shot if you are looking at a stock that will survive any economic crisis. Another key point is that they have a lot of liquidity in hands. That put P&G in a great position to make any acquisitions, make an aggressive marketing campaign or simply assuring the company growth through a tough market.
Its P/E ratio is pretty low these days (around 12.5) which represent its lowest since the past 20 years! Another interesting point if the stock is taking longer than expected to surge would be is high dividend yield. It currently gives a 3.41% yield which would cover for more than inflation for 2009.
Sigma-Aldrich Corporation (NASDAQ: SIAL, $34.60 on March 13th)
This is probably a company name you didn’t hear much from so far. Sigma-Aldrich develops, manufactures, purchases and distributes a range of biochemicals and organic chemicals and equipment throughout the world for the pharmaceutical and medical industry. As the population is aging, the need for this kind of product will constantly increase. Therefore, no need to worry about the recession! As it is the case for P&G, the P/E ratio is pretty low at 13.04.
Stantec Inc. (NYSE: STN, $17.70 on March 13th)
One last pick for the best stocks in 2009 list of today is Stantec, a Canadian based company offering consulting services in planning and engineering. This engineer firm should benefit from the major investments in infrastructures on both sides of the border (Canada and USA). Because they offer have an environmental division, they should get ahead most of their competitors. The “green effect” will surely carry their business to another level.
Disclaimer: please note that we are not doing any buy or sell recommendation on any stocks. These opinions on stocks should be used for your entertainment only. We are not responsible for any losses or cost related to stock transactions related to this website.
Posted in Best Stocks in 2009 | Comments (2)
March 28th, 2009 at 5:07 am
[...] the part 2 of the Best Stocks for 2009 by Buy My Stock [...]
April 2nd, 2009 at 3:02 am
[...] its geographical and product diversification will pay off over the long run… maybe too late to be top stock picks in 2009 [...]