T&T PEs: Better buys ahead

Friday, 6th September 2013 | The PE Ratio chart for stocks trading on the Trinidad stock market has two movements to note for the week just ended.

Trinidad Cement fell sharply during the week to below $2 but the stock has become a more attractive buy with a potential return of 567% versus 350% last week. However, based on the closing bids and offers this stock could drop some more before reversing the recent decline.

Guardian Holdings fell to $14 this week, moving the potential gain from 250% last week to 270% this week and remains an attractive buy. Elsewhere in the market, not much has changed from this past week as prices remained fairly stable.

TTSE_PE+ChartSep6Below are charts that graphically show how TTSE stocks are ranked by PE Ratio potential.

Related posts | Cement could be good for your pocket |  | Guardian ongoing profits up 29%

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  1. […] last traded price of $14 suggesting that the recent sharp fall may have ended. As indicated in our PE Ratio report, the stock at these levels remain a very attractive […]

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