Tuesday, November 9, 2010

Followup On a Credit Bubble Stocks Post

On June 4, 2010, I wrote a post called Why Does the Squid Like MGM and Not VOD?:

Last I checked, GS rates MGM Mirage (not profitable, levered) a conviction buy; and rates Vodafone (profitable, high dividend, low EV/EBITDA multiple) a neutral.

Who are they kidding?
Since then, Vodafone (VOD) is up 37% and MGM Resorts (MGM) is up 2%.

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