This Day On The Street
Continue to site
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

5 European Stocks Too Cheap to Ignore


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

Get Adobe Flash player

Norway has been blessed with an abundance of crude oil lying under the bed of the North Sea, and the Norwegian government has done a very good job of maximizing the resulting profits through this state-controlled oil company. Statoil (STO - Get Report) has parleyed its success at home into a steady global expansion, and now has interests in oil fields across the globe. That really paid off in 2011, when operating profits surged 30% to a record $35 billion.

Falling oil prices will likely keep a lid on sales and profit growth in the near-term, but as is the case with Siemens and GE noted above, Statoil is trading a discount to U.S. rival ExxonMobil (XOM). While ExxonMobil trades for 2.55 times book value and 0.9 times trailing sales, those metrics are just 1.58 and 0.65 for Statoil, respectively.Statoil also trades for just eight times projected profits while ExxonMobil's multiple is 10.

We can't determine the future direction of oil prices, but we can note that one major industry player offers a better value than the other.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
SI $0.00 0.00%
DDAIF $69.76 -1.15%
ABB $21.11 0.91%
MT $5.63 0.00%
STO $17.59 -0.11%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs