Saturday, March 29, 2008

Top Pink Sheet Stocks

Many investors believe that Pink Sheets stocks are speculative and dangerous investments. I've even been criticized for mentioning Pink Sheet stocks in some of my articles, in spite of the fact that the stocks I mentioned were major large cap companies. Pink Sheet stocks shouldn't be dismissed out of hand as sometimes that is the only way to invest in many foreign stocks. As a matter of fact, dozens of European companies have opted out of trading on the New York Stock Exchange and have decided to have their ADR's traded on over-the-counter.

Here are ten of the top Pink Sheet stocks, based on market cap, P/E ratios, and PEG ratios.

Roche Holding Ltd. ( RHHBY ) is a Switzerland-based company which is one of the largest pharmaceutical companies in the world. The stock has a P/E ratio of 17 and a PEG of 1.43 .

E.ON AG ( EONGY ) is a German based energy company which distributes electricity and natural gas in Europe. The stock has a P/E ratio of 11 and a PEG of 1.02 .

Volkswagen AG ( VLKAY ) is the German car manufacturer which has the Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Skoda and Volkswagen Commercial Vehicles brands. The stock has a P/E ratio of 18.

Suez SA ( SZEZY ) is a French based company which distributes electricity, natural gas, water and waste management. The stock has a P/E ratio of 16.

Enel Societa per.Azioni ( ENSTY ) distributes electricity in Italy. The stock has a P/E ratio of 14.

BASF SE ( BASFY ) is a German based chemical conglomerate. The stock has a P/E ratio of 10 and a PEG of 1.71 .

RWE AG ( RWEOY ) is a conglomerate involved in power generation, natural gas distribution, and oil and gas production. The stock has a P/E ratio of 15 and a PEG of 0.87 .

Tesco PLC ( TSCDY ) is involved in the retailing business in United Kingdom, Ireland, Hungary, Poland, Czech Republic, Slovakia, South Korea, Turkey, Thailand, Malaysia, China and Japan. The stock has a P/E ratio of 15 and a PEG of 1.33 .

Bayer AG ( BAYRY ) famous for its Bayer aspirin, is a producer of health products, agricultural products, and high performance materials. The stock has a P/E ratio of 16 and a PEG of 1.67 .

Telstra Corporation Limited ( TLSYY ) is an Australia based provider of telecommunications services. The stock has a P/E ratio of 15 and a PEG of 2.35 .

Please note, the stock symbols for these stocks use the .PK extension for certain sites such as Yahoo Finance. These stocks can be tracked at Stockpickr.com. You can also get an Excel list of the top Pink Sheet stocks which you can download and sort, at WallStreetNewsNetwork.com.

By Fred Fuld at Stockerblog.com

1 comment:

TJF said...

Interesting names, but most are large foreign companies that use the Pink Sheets to list in the U.S. There are some great Pink Sheet only stocks that are usually overlooked by the investment community. Some that come to mind are LMNR, KEWL, LAACZ, FMBL, and BPAB.