Two stocks to duck and one to grab
Google has yet to be a value play and CBS is a long way from Murrow, but Honda ....
NEW YORK (Fortune) - Half way there folks ... HONDA: Company, now the No. 5 U.S. automaker (GM, Toyota, Ford, and Chrysler) is saying it may expand its factory in Alabama or build a new one to meet rising demand. Honda had a 4.9 percent gain in U.S. sales to 1.46 million vehicles in 2005, and there is a shortage of Civics. Company plans to import more cars from Japan. Revamped Civic is humming. Now most people don't think of buying a stock (Research) like this, which is too bad. It's been a huge winner over the past decade, tripling to about $30. Expect more of the same to come, I say. And P/E is only 13. What's not to like? GOOGLE: TMI. As in "too much information".... Google CFO yesterday said the company's growth rate was slowing. No? ("I'm shocked there is gambling in this casino"). Anywho, this was construed as a TMI moment. As in the CFO was too honest. Too frank. He gave out too much information. If you think about it, isn't that what TMI moments are all about? It's just too much honesty. Stuff we don't want to hear. ("You want the truth? You can't handle the truth!"). Made me think of other famous TMI moments ... Jimmy Carter: "I've looked on many women with lust. I've committed adultery in my heart many times." How about Whitney Houston and Bobby Brown's reality show? And most public statements by Ted Turner....GOOG (Research) fell 7 percent or over $27 to $362 (down from $475.) Need I mention that you should not touch this one. No Gertrude, Google isn't a value stock yet...... CBS: Finally saw "Good Night and Good Luck" last night. The company then is a far cry from the company today. Consider that the big headline today is that CBS radio is suing Howard Stern because they say he was illegally promoting his new show on Sirius Radio. Reminds me of another soon-to-be-released movie: "V is for Vendetta." That's what Stern accuses CBS chief Les Moonves of. And I have to agree. Memo to Les: Give it up! All you are doing is promoting Howard. (And remember he would never say 'Sirius' on air...) And it's true that his replacement David Lee Roth is hardly making anyone "jump." (Met David Lee at a CBS Christmas party back in December, but that's another soggy story.) I would avoid this stock (Research) on principle until this lawsuit is dropped Loose Change: There my source was at the recently ended TED Conference in Cali. (Stands for "technology, entertainment, and design.") Tony Robbins was the speaker. He asked the audience, "How many people in this room have failed at something?" Everyone raises their hand. He then asks, "Why was that?" People start shouting out stuff....and then in the front row, Al Gore yells: "The Supreme Court!" Can't make this stuff up.....Watching reports by Miles and Soledad and Kathleen Koch on conditions in the Gulf Coast. It is a national disgrace! We need to wake up and help these people! _______________________________ |
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