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A stock to watch

Tags: stock

As listed here, for year 2008, i had considered buying the following stocks: Tata steel (TTM), INP, Visa (when IPO comes out) and AMGN.

Well change of plans - instead of buying INP and AMGN, my attention has shifted to TSM and COH. Coach is something i am interested because of their strong financial results. I believe the company is good - it has consistently produced profit for 8 years - sustained growth, low PE and good growth rate. With recession looming, i suspect there would be a lot of fear in the retail sector stocks. When everyone else is afraid get greedy. TSM is more of a bet that electronics and chip marker giant are going to have stronger growth in the future. I am not going to buy these stocks soon, still waiting to see how the stock market is behaving.



This post first appeared on He Said She Said, please read the originial post: here

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A stock to watch

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