By Michael Fitzsimmons: The article " Why Is StatoilUndervalued " considered several reasons why Norwegian oil and gas company Statoil ( STO ) is trading at a considerable discount to its industry peers. The company earned $4.47/share over the past twelve months, yields 3.4% and has a P/E=6. ...
These high-quality companies are well-equipped to weather a continued tough economy and also trade at reasonable valuations, says Morningstar's head of global credit and equity research Heather Brilliant.