Friday, August 28, 2009

the DOW


Wondering if the market is recovering, I check the DOW stocks and compare their recent prices with some moving averages and 52-week lows and highs and see the "best" and "worst":

Max (Price/50day MA)1.20BK OF AMERICA CPP/E=30P/B=0.8
Min (Price/50day MA)0.99PROCTER GAMBLE P/E=12P/B=2.5
Max (Price/200day MA)1.69BK OF AMERICA CPP/E=30P/B=0.8
Min (Price/52week Lo)1.11WAL MART STORESP/E=15P/B=3.0
Max (Price/52week Hi)0.963M COMPANYP/E=18P/B=4.6
Max (Price/52week Lo)7.08BK OF AMERICA CPP/E=30P/B=0.8


So what does one see?
Bank of America has really recovered, its stock being 7x its 52-week low ... and it done good compared to its moving averages.
Aah, but it's got one of the largest P/E ratios of the 30 DOW stocks.

Check it out.

 

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