Dow Jones Industrial Average 12,660 (Down) Week ending 01-27-2012
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This was the week that the
FED said that they were not going to do anything with interest rates
until 2014. Hmmn?? Just a quick pick here this week based on that little tidbit of information.
SILVER WHEATON, (Symbol SLW, $36.23, up today Feb 1st) is a company that according to their profile operates as a silver streaming company in the world. There are
Eleven strong buy recommendations on this stock.
2011 earnings per share of
$1.64 and projected
2012 earnings of
$2.29 per share make this a very interesting story.
SLW records a
Net Profit margin of
75.3% and has a
Total 3 year return of
448.1%. Starting to get the picture here? They even throw in a
1.01% dividend yield.
Silver has had quite a run here and this may look like a trap trade based on history, but these are rampant deflationary times (especially in housing) and people will look to retain the value of their assets. Silver gives you a lot more leverage than Gold because of the lower price point.
The company also has a fantastic balance sheet. It has a current ratio of almost 6:1.
Have a good week. February usually presents some good opportunities for purchasing stocks.
Freewilly
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