Top stocks to buy NOW
The market is down resulting in a lot of undervalued stocks that are fundamentally strong. I am not sure about how these stocks will perform over the next couple of months but I believe that over the next couple of years these stocks should yield handsome returns for investors. I am going to create a virtual portfolio of these stocks which you can view on the website to track their performance.
1. GRMN
Price on February 17, 2007: 66.35
Garmin Ltd. (Garmin) is a provider of navigation, communications and information devices, most of which are enabled by global positioning system (GPS) technology. The Company designs, develops, manufactures and markets a diverse family of hand-held, portable and fixed-mount, GPS-enabled products and other navigation, communications and information products. Garmin operates in four segments: Marine, Automotive/Mobile, Outdoor/Fitness and Aviation.
Garmin is almost near its 52-week low price. It was at 125 dollars in October 2007. Fundamentally Garmin is very strong and you can read a short analysis of Garmin at http://dividendpirate.com/2008/01/09/garmin/
Garmin’s earnings are releasing on February 20th, 2007. I have a hunch that the earnings will be good. 
2. CMG
Price on February 17, 2007: 105.25
Chipotle is my favorite burrito restaurant(the best fast food ever). Man, I feel bad that I missed buying this stock when it was at 45 just a year ago. Anyone who has a burrito here always comes back for more. The long queues during lunch hour everyday are a testimony to this. And they are just getting started. The reason I didnt buy this when it was at 45 was because of its high P/E. Even at its current price the P/E ratio is 54 which is considerably high. However what attracts me to this company is the growth ahead. They will have tremendous opportunities when they expand to other countries as well. At the current price of 105 I would still wait a bit and if it falls to around 90 I would buy some.
3. JCOM
Price on February 17, 2007: 19.71
JCOM is also near its 52-week low. JCOM provides outsourced, value-added messaging and communications services to individuals and businesses worldwide. It offers fax, voicemail, e-mail and call handling services, as well as bundled suites of certain of these services.
| Statistic | Value | My comments |
| P/E | 15.3 | Low for the industry |
| PEG | .8 | Its good when the PEG is less than 1. It usually indicates that the stock is undervalued. |
| Net Profit Margin | 31.2% | This is a very good percentage. |
| Total Debt/Equity (MRQ) | 0.00 | This is excellent. They have no debt. |
| Return on Investments | 23.7% | This is good percentage. |
| EPS growth | 36% | They had a 36% EPS growth. If they continue their good run this stock is sure to shoot up. |
JCOM’s earnings are releasing on Feb 19, 2007. It will be a good time to check if they are continuing their growth rate.
Thats it for now. I will learn a few php tricks to display the portfolio of these stocks and it will be fun to see how they perform over time. Alright now the usual disclaimer stuff so you guys dont go ahead and buy these stocks witthout further research.
Disclaimer: The above stocks are just my personal opinions and I am not a certified financial advisor. Before making any investments, do your own research.
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February 20th, 2008 at 10:55 pm
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