I bought NETC today at $13.628. This is Net Servicos De Communicacao.
One of my major sources for stock picks is Forbes Magazine. In the latest edition (November 22, 2010), money manager Ken Fisher, who has a regular Forbes column, included this stock as one of his recommendations.
He considers it to combine growth with cheapness. This company is Brazil's largest pay-TV provider, and vendor in phone and internet services - so it is a play on the growth of Brazil's growing middle class.
Fisher thinks its cheap because, at $13, it is trading at 50% annual revenue, 4.5 times cash flow, 1.25 times book value, and 10 times his 2011 earnings estimate.
This isn't a recommendation to buy this stock, but for informational purposes - something you may want to look into and consider at your own risk.
I primarily use Forbes and/or my own research to find growth, value, or both stocks with good fundamentals, stories, and long term potential. Then, I use the Stock Trading Riches system to manage the position and, if I bought at a wrong price, automatically correct the position over time.
