หุ้นส่ีบริษัทท่ีน่าลงทุน เห็นว่าน่าสนเลยพกมาฝากครับ

[Tlk]

4 Cheap Stocks You Can Buy After the Crash
By Morgan Housel
May 27, 2010 | Comments (3)

Recs
10

Email
 Share
Print
Disney Buys Marvel!

David Gardner called it. Hes up 1,334%! See what Davids recommending that you buy NEXT.
Click Here Now
Call it that: a market crash. It started May 6 with the Dow's two-minute, 1,000-point moment of incontinence, and never really stopped, leaving us about 10% below where major indices stood a month ago. The Dow is now on track for the worst monthly loss since February 2009, just as stocks were bottoming out. Woe is us.

You can thank Greece and its European neighbors for most of this. Europe is a disaster, and it could spew its venom onto our shores before long. Hence the worry, which I'd say is mostly justified.

But I'd also say plenty of stocks now look buyable after the crash. Some look downright cheap. Here are four:

Company
Decline Since April 26 (previous market high)
Forward P/E Ratio
CAPS Rating
(out of 5)
Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B)
(11.5%)
17.48
*****
Microsoft (Nasdaq: MSFT)
(19.6%)
10.83
***
Ford (NYSE: F)
(21.2%)
7.16
**
WellPoint (NYSE: WLP)
(10%)
7.64
****
Sources: Capital IQ, a division of Standard & Poor's, Yahoo! Finance.
A few things: That these are all large, well-known companies isn't a coincidence or the result of lazy screening. Some of the best values today are in big, established companies. And, as always, screening without any further discussion is useless, so let's talk about these companies.

Berkshire Hathaway
The most reasonable way to value Berkshire Hathaway is the price-to-book ratio. Why? Because a lot of its business model involves price appreciation of assets, rather than streams of net income.

Given Warren Buffett's track record and the quality of Berkshire's subsidiaries, shares typically demand a solid premium over book value. Going back to 1994, shares have traded at 1.87 times book value on average. Yet thanks to the recent sell-off, the current multiple is more like 1.18 times book value, which isn't too far from 2009's low of 0.98 times book value. That's all I need to hear.

Microsoft
Many have noticed that Microsoft now trades for under 11 times next year's earnings (and still only 13 times last year's earnings), which seems unreasonably cheap. I'd say that's spot on, but there's more to the story. Remember that Microsoft hoards a mountain of cash and short-term bonds -- nearly $40 billion, or $4.24 per share to be exact. If you take this into consideration and back out what might be seen as "excess cash," it's reasonable to interpret Microsoft as trading under 10 times earnings, which is absurd for a company that still has a total bear hug on the software market.

It's true that Microsoft is a serial cash hoarder and may never put all of this cash stash to productive use. Bill Gates once admitted that when he started the company he "soon came up with this incredibly conservative approach