Fortress Investment Group LLC (FIG)

boiseidfool (< 20) Submitted: 5/18/07 11:13 AM : Start Price: $26.72 FIG Score: 51.58

I hope there is still underperformance room in this stock! Thanks to the Fools who pointed TheStreet article out (http://www.thestreet.com/_yahoo/funds/investing/10341308.html?cm_ven=YAHOO) called "Follow The Money"! I had started an analysis of this stock when the IPO was announced and have been periodically checking the stock, but I missed that article. The P/E on this stock, currently at 24, is too high as well. There is an interesting Fool article (http://www.fool.com/investing/value/2007/05/16/fortress-on-the-speed-rail.aspx) that shows FIG following Warren Buffett into RR stocks, but it looks to me as if they're just following, without being real innovators. There's not enough data yet to make an educated decision about stock worthiness. Until the dust settles, I'll put my money elsewhere.

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