Thursday, March 20, 2008

Aloha to Hawaii Stocks

Hawaii, the 50th state of the United States, is the birthplace for some interesting people:
Barack Obama
Bette Midler
Nicole Kidman

Hawaii is also the home to some interesting companies:

Alexander & Baldwin, Inc. (ALEX) is a Honolulu based company which is in the business of shipping, real estate, sugar cane, and other agriculture. They are one of the largest landowners in Hawaii. The stock has a P/E of 13, a PEG of 1.6 and pay a yield of 2.8%.

Bank of Hawaii Corporation (BOH) is Hawaii's largest local bank and Hawaii's second oldest bank, tracing its history to 1897. The stock has a P/E of 14, a PEG of 1.78, and has a yield of 3.5%.

Central Pacific Financial Corp. (CPF) is Hawaii's fourth largest bank. The stock has a P/E of 104, a PEG of 1.64, and a yield of 5.1%.

Hawaiian Holdings Inc. (HA) owns Hawaiian Airlines, the 11th largest airline in the United States. The stock has a P/E of 31.

Hawaiian Electric Industries Inc. (HE) is the largest electric utility in Hawaii, providing electricity to 93% of the power to the state. They have paid dividends for 107 years. The stock has a P/E of 23, a PEG of 4.1 and a yield of 5.4%.

Maui Land and Pineapple Co. Inc. (MLP) has three divisions: Agriculture, Resort, and Real Estate Development. They own the Kapalua Resort golf resort. The stock has a P/E of 33.

Author owns HA.

By Fred Fuld at

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