Italy PM Visited Tech Execs: Should We Be Looking at Italian Stocks?

Last week, the Prime Minister of Italy, Matteo Renzi, visited the top executives at Google (GOOGL), Yahoo (YHOO), and Twitter (TWTR), including Dick Costolo, Marissa Mayer and Larry Page. He also met with the Italian heads of startups.

Comparing the iShares MSCI Italy ETF (EWI) to the S&P 500, you would find that the Italy stocks have underperformed the S&P by over five percentage points. Do you think it is time for Italy to catch up?

Eyeglasses

One of the most famous Italian companies is Luxottica  (LUX), the largest eyeglass manufacturer in the world with more than 80% of the market. The company has even been featured on 60 Minutes a couple times. The stock trades at  33.6 times trailing earnings and 23.8 times forward earnings. Quarterly earnings went up by 11.0% on a 2.1% rise in revenues. The stock pays a yield of  1.3%.

Power

ENI (E), which was lucky enough to get one of the one-letter stock symbols, is in the energy, gas and power, and chemicals industries. The stock has a 12.7 price to earnings ratio and a forward PE of 13.9. Earnings for the latest quarter spiked by 139% on a slight drop in sales. The company pays a fat dividend of 4.7%.

Furniture

A more speculative stock is Natuzzi (NTZ) which make upholstered furniture, both leather and fabric. The stock trades for slightly above two dollars a share. Revenues were down slightly and earnings were negative for the latest quarter.

 For a free list of Italian stocks, which includes the price to earnings ratio and yield, go to WallStreetNewsNetwork.com. Ciao!

Disclosure: Author didn't own any of the above at the time the article was written and has no plans to do so in the next 72 hours.

By Stockerblog.com

Is Maserati a Predictor of Italian Stocks?

 

Sales for Maserati sports cars are on fire, with advanced orders tripling over last year. Because of that, the company will start offering the Alfieri.

 So what about the rest of Italian companies? The iShares MSCI Italy Capped Index (EWI), which has a goal of tracking the MSCI Italy 25/50 Index, rose significantly more than the S&P 500 during the last twelve months, rising about 45%, versus the S&P which was up less than 20%.

According to the free list of Italy stocks at WallStreetNewsNetwork.com, there are several Italian stocks that trade regularly in the US, with half a dozen of them paying dividends.

An Italian Company with a One Letter Stock Symbol

One example is Eni SpA (E), an oil and gas exploration and production company which trades on the New York Stock Exchange with the single letter stock ticker symbol 'E'. The stock trades at 14 times trailing earnings and 12 times forward earnings. The company provides a fat yield of 4.7%, payable semi-annually.

Did You See This Eyeglass Company?

Another dividend paying Italian stock is Luxottica (LUX), which also trades on the New York Stock Exchange. This is the world's largest eyewear company, which sells brands that include Ray-Ban, Chanel, Prada, Giorgio Armani, Burberry, Versace, Vogue, and Donna Karan. The company also owns numerous retail outlets, such as Sunglass Hut International, LensCrafters, Pearle Vision, Sears Optical, and many others. The stock has a trailing price to earnings ratio of 38, and a forward P/E of 25. The dividend yield is 1.3%, payable annually.

Telecom Italia (TI), the largest telecommunications company in Italy, also pays a dividend, generating a yield of 1.7%, with a forward P/E of 5.

To see all the other major Italian stocks that trade in the United States, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted, and updated.

Disclosure: Author did not own any of the above at the time the article was written. 
 
By Stockerblog.com

Participate in the Italian Economic Turnaround with Italy Stocks

Having just returned from a vacation to Rome, I can tell you that tourism in Italy is very, very strong. According to the Italian Economy Minister Fabrizio Saccomanni, Italy's economy should emerge from its slump "By the end of this year." It may be hard to believe, but even with the volatility and ups-and-downs in the Milan stock market, the iShares MSCI Italy Capped Index (EWI), which has a goal of tracking the MSCI Italy 25/50 Index, outperformed the S&P 500 during the last twelve months, rising 23.3%.
According to the free list of Italy stocks at WallStreetNewsNetwork.com, there are ten Italian stocks that trade regularly in the US, with four of them paying dividends, ranging from 1.1% to 4.9%.
One example is Eni SpA (E), an oil and gas exploration and production company which trades on the New York Stock Exchange with the single letter stock ticker symbol 'E'. The stock trades at 11.1 times trailing earnings and 8.9 times forward earnings. The company pays a generous yield of 4.9%, payable semi-annually. Earnings for the latest quarter ended June 30, 2013 were up 21.1%.
Another dividend paying Italian stock is Luxottica (LUX), which also trades on the New York Stock Exchange. This is the world's largest eyewear company, which sells brands that include Ray-Ban, Chanel, Prada, Giorgio Armani, Burberry, Versace, Vogue, and Donna Karan. The company also owns numerous retail outlets, such as Sunglass Hut International, LensCrafters, Pearle Vision, Sears Optical, and many others. The stock has a trailing price to earnings ratio of 34.3, and a forward P/E of 25.6. The dividend yield is 1.1%, payable annually.
Telecom Italia (TI), the largest telecommunications company in Italy, also pays a dividend, generating a yield of 3.0%.
To see all the other major Italian stocks that trade in the United States, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted, and updated.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com