Nine Olympic Stocks

The 2008 Summer Olympics are here. Several publicly traded companies are official Worldwide Olympic Sponsors. If you think that being connected to the Olympics can help these companies, it may be worth taking a closer look at these stocks.

• Coca Cola (KO) is the famous beverage company. The stock has a P/E of 22, a PEG of 1.9 and pays a yield of 2.70%.
• General Electric (GE) is the conglomerate involved in technology, media, and financial services. The stock has a P/E of 14, a PEG of 1.22 and pays a yield of 4.20%.
• Johnson & Johnson (JNJ) is famous for its Band-Aids, makes and markets various health care products. The stock has a P/E of 17, a PEG of 1.98 and pays a yield of 2.60%.
• Kodak (EK) makes and sells photography and digital imaging products. The stock has a P/E of 8, a PEG of 9.59 and pays a yield of 3%.
• Lenovo Group (LNVGY.PK) makes and sells technology products and services. The stock has a P/E of 13 and pays a yield of 4.70%.
• Manulife (MFC) is a life, group life and health insurance company. The stock has a P/E of 14, a PEG of 0.96 and pays a yield of 2.80%.
• McDonalds (MCD) is the operator of McDonald’s fast food restaurants. The stock has a P/E of 17, a PEG of 1.57 and pays a yield of 2.30%.
• Visa (V) is the credit card processing company. The stock has a P/E of 27, a PEG of 1.42 and pays a yield of 0.60%.

If you want an Excel database of all the publicly traded Worldwide Olympic Sponsors, along with the Sponsors, Exclusive Suppliers, and Beijing 2008 Partners, a total of 18 stocks, go to WallStreetNewsNetwork.com.

Disclosure: The author owns KO, MCD, and V.

Comments

[NNP:]

What about NKE?

2008 Aug 13 09:00 AM

[maxmasmav:]

Warnaco Group (WRC), maker of the speedo LZR, should have also been noted. The stock just hit a new high.

2008 Aug 13 09:27 AM

[Tavares:]

You forgot SINA, this company is supplying live feed in 4 different languages to their consumers. They raised guidance on Q3 forecast. It recently pulled back after earnings which I think is a great opportunity to jump abroad. LONG SINA

2008 Aug 14 02:38 PM