Bargain stocks I watch these days:
MOT ( Motorola ): I believe this stock is worth at least 9 dollars per share. With upcoming Q1 on April 29th, I expect the earning to be positive and beats the analyst's expectation. There has been so many good stories about Droid (Motorola Android smart phone in Verizon) and it has been beating the sales of other smartphones in $VZ (Verizon).
Unlike Apple, Google still does not have much power in wireless industry. I believe I mentioned this in a former blog, but here you go again.
In AT&T's world, Apple generates extra revenue from app sales; 30% of every app sales goes to $AAPL and 70% goes to the App developer. In Verizon's world, Verizon generates 30% of every app sales and App developers gets 70%. No profit for Google.
What do you think about Droid? Is Google logo on top or Motorola? Hmmmm You see who's more powerful in this, retail price $400, smartphone.
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U.S. Global Investors (GROW): CEO of this company buys small amount but frequently whenever it goes lower than 10 dollars per share. Share price has some relationship with crude oil price.
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Citigroup (C): Government announced to chunk out its shares, which is good thing.
Not only that is the sign of solid stability in Citigroup, but it means that company will now be able to focus on the retained earning for shareholder's benefit.
With government, the company always has to deal with debt (liability) first, so there is a very rare occassion in reinvestment.
Now Citigroup is around 4.6 (I jumped in 3.4 as you can read from my former blog post) now and I expect it to go higher than 5.0 soon.
