Saturday, July 20, 2013

Stocks that Al Gore Has Been Buying

In case you weren't aware, Al Gore, former U.S. Vice President, set up an investment management company several years ago with David Blood, former Co-Chief Executive Officer of Goldman Sachs Asset Management. The company is called Generation Investment Management, and it specializes in investing on companies involved in sustainability, social responsibility, and environmental responsibility.

Gore's company made a few purchases in the first quarter of the year. One was SYSCO (SYY), the food service industry company. The stock trades at 21 times trailing earnings and 18 times forward earnings. It pays a generous yield of 3.1%.

Laboratory Corporation of America (LH) is another Gore company. The stock has a price to earnings ratio of 16 and a forward P/E of 13. It does not pay a dividend.

Teradata (TDC) is a data warehousing solutions company. The stock trades at 26 times trailing earnings and 17 times forward earnings. This one also doesn't pay a dividend.

HDFC Bank (HDB) based in India, has a trailing P/E of 139 and a forward P/E of 25. The company pays a small dividend yield of 0.8%.

If you like interesting stock lists like this, check out the free stock databases at WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

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