Durfinvest - schreef:
Today 10:01am
Barron's Summary
- positive feature on ASML as a play on the eventual recovery in the chip equipment sector. In past recessions ASML's high end lithography scanners have gained market share as chip makers use the downturn to cut costs by shrinking transistors. Barron's says ASML's stock is the best value in the group, and it could double in the next few years.
- positive article on Gaylord Entertainment (GET), an owner of hotel and convention properties. The stock is trading around $9, but 'Gaylord's businesses are probably worth closer to $50 a share,' says Barron's. Gaylord is weighed down by a heavy debt load, but is using free cash to pay off debt and reduce leverage. The article says investor Mario Gabelli, whose Gamco Investors now owns 13.5% of Gaylord, wants a poison pill provision remove, after which he would buy as much as 30% of GET.
- Barron's International Trader is positive on TNT, the Dutch logistics company (TNT.NV). The stock has been halved in the last quarter, hit by the global slowdown. But it is well positioned as the biggest express-delivery company in Europe, with a 17% share, and boasts a healthy dividend and an emphasis on generating cash. It may also attract an acquirer like FedEx or UPS which could use TNT as a platform for European expansion.
- Barron's lists 11 'bargain' stocks, profitable companies with stocks trading below $10 a share: SBUX, LUV, TSN, BSX, JBL, EK, CPWR, MOT, TLAB, IPG, and GNW. These 11 are expected to show earnings growth and have solid balance sheets; many trade below book value, as well.