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- September 19, 2011
1) Cisco Systems (Nasdaq: CSCO) is the world’s leading provider of routers, switches and other networking devices that makeup the backbone of the Internet. The company has a pristine balance sheet and shares currently trade at bargain prices. Thanks to more than $5 billion in annual spending on Research & Development (R&D), Cisco is ensuring its next generation of products remains on the leading edge of technology trends.
3 Beaten-Down Stocks with 50% Upside – or More
2) DuPont Co. (NYSE: DD) is a diversified chemical giant with operations in 90 countries. Smart acquisitions, strong earnings growth from emerging markets and “Megatrends” in alternative energy and food production could lead to annual earnings growth of about 12% in the next five years. Dupont shares offer an above average yield and represent a great value at current prices.
3) Deere & Co. (NYSE: DE) is the world’s largest equipment manufacturer for the farming, construction and forestry industries, and a top producer of lawn and garden tractors for homeowners. It has a strong balance sheet and shares currently trade at a forward P/E of 9.6. Recently, Bill Gates purchased 7.5 million shares of Deer & Co., his biggest purchases in recent history.
Bill Gates Just Bought $571 Million of This Stock
4) Bunge (NYSE: BG) is involved in a wide range of agricultural businesses, from fertilizer sales to oilseed processing to wholesale sales of cooking oil. Bunge’s revenue has grown at a rapid pace, and it has topped quarterly profit estimates by an average of 25% in the past four quarters. Shares are currently trading below tangible book value and sport a forward P/E of 8.3.