With bad news seemingly rolling in every day about the economic
conditions in one part of the world or another, I can understand the
flight to quality/consistency that has pushed up some well-known names.
But while I understand the appeal of a stock like
Beam (NYSE:
BEAM),
I still don't want to overpay for an asset that is unlikely to bail me
out with exceptional growth. So while Beam is certainly a global spirits
company worth watching, it will have to pull back a fair bit before the
valuation looks truly appealing.
Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/Premium-Spirits-Drive-A-Premium-Valuation-For-Beam-BEAM-DEO-BF-B-STZ0531.aspx
No comments:
Post a Comment