As for stocks, WallStreetNewsNetwork.com has turned up a list of a dozen stocks of companies based in Spain but traded in the United States. One example is Banco Santander (SAN), the largest bank in the Eurozone and one of the largest banks in the world. The company has branches in Brazil, Spain, the United Kingdom, Mexico, Portugal, Germany, Chile, Argentina, Poland, the United States, and other countries. The stock trades at 18 times trailing earnings and 14 times forward earnings. Earnings jumped 150% for the latest quarter on a 82.6% rise in revenues. Dividends which are paid quarterly, provide investors with an annual yield of 6.5%.
Another Spanish company is Grifols (GRFS), which is a multinational pharmaceutical company that produces blood plasma based products. The stock, which trades on NASDAQ, has a fairly high P/E ratio of 61. However, earnings for the latest quarter were up 32.3% on a 5.1% increase in revenues. The company pays a dividend of 2.2%.
Telefonica (TEF) has a P/E of 12.5, and a forward P/E of17. Earnings jumped by an amazing 206% on a 7.8% drop in revenues. The yield is 5.8%.
For a list of all the Spain stocks, that are available to U.S. investors, and has such information as P/E ratio, yield, and business, go to WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time it was written.