This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

'Go Where the Crisis Is -- Europe' to Buy Stocks

Stocks in this article: PRIS EVGBX

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Grupo Prisa (PRIS) (Spain)

Company Profile: Grupo Prisa is a Spanish media conglomerate. The company owns newspapers and magazines, but it is also a cable TV and radio station operator.

Current Share Price: $4.82 (Sept. 16)

Marcus' Take: When Marcus says "Spain," "media" and "Europe" togther, it's three strikes against a company in investors' eyes. Grupo Prisa is one of the largest holdings in the Evermore Global Value Fund, but Marcus isn't betting on the company for its newspapers. Grupo Prisa also has an education business and it produces textbooks, which is where Marcus sees opportunity.

"These are sold in Spain but there is a huge opportunity in emerging Latin America, like Brazil, Chile and Mexico," Marcus says. "Those are emerging markets where they are trying to better educate the people. Owning a textbook business in those markets is a great business to be in."

Marcus is also keen on the company's restructuring effort. Grupo Prisa has new management as of April 1 and recently saw the first layoffs in the history of the company. "They're streamlining operations, selling off excess real estate," he says. "They're doing all the classic things you should do to turn the business around. They're changing the ways executives are compensated, tying it more to the business."

Marcus notes that the stock trades at less than five times earnings and four times cash. The company has also reduced the debt on the balance sheet from 6 billion euros to about 3.5 billion euros. "They're still aggressively working on restructuring the debt today," Marcus adds.

Bollore (France)

Company Profile: Bollore is a French conglomerate founded in 1822. The company produces everything from shrink-wrap films to thin paper for industrial catalogs to lithium batteries for electric cars. The company even delivers home heating oil and operates a television station.

Current Share Price: 173.70 euros (Sept. 16)

Marcus' Take: While Marcus appreciates all facets of Bollore's business, he's particularly interested in the company's control and operation of ports and container terminals. Bollore operates 40 ports in Africa, which is an emerging region Marcus wants to exposure to.

"Africa is one of the last of the untapped emerging markets," he says. "I'm sneaking into Africa markets today, which don't have the same protections and transparency as French markets, where Bollore is based. When I look at the assets of the company, I'm getting all this value for 50 cents on the dollar."

2 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs