PPG Industries, Inc. (NYSE:PPG)

CAPS Rating: 5 out of 5

The Company is a supplier of protective and decorative coatings. It is comprised of five reportable business segments: Industrial Coatings, Performance and Applied Coatings, Optical and Specialty Materials, Commodity Chemicals and Glass.

Recs

2
Player Avatar ikkyu2 (99.45) Submitted: 11/13/2008 12:38:43 PM : Outperform Start Price: $39.84 PPG Score: +98.62

Pittsburgh Plate Glass, a company recently profiled by Cramer. If you've heard of them, it's probably because of their best-of-breed automotive metalflake paints (they make that 'flip-flop' paint that changes colors in the sun). But that only makes up 4% of their revenue. They also make something like 15% of the world's eyeglass lenses as well as a variety of diversified industrial products.Mid cap company with a record of steady dividend increases since 1972, just raised the dividend again in October 2008 in the face of the global slowdown. They don't screw around, with net revenues of $9 per share and profits over $5 per share - payout ratio is around 40%. And the yield right now is 4.6%, making the stock look underpriced.Buy some shares, put 'em on a DRIP and never sell 'em.

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Member Avatar Matt8265 (89.79) Submitted: 4/20/2009 11:42:31 PM
Recs: 0

Well, you've only lost .80 holding this pig for five months. How's that working out for ya?

Member Avatar ikkyu2 (99.45) Submitted: 6/13/2009 5:33:01 AM
Recs: 0

Not too bad. Were you paying attention to any other stocks during the 5 months you mentioned, or was this the only one you were looking at?

Member Avatar georcole (91.80) Submitted: 11/12/2009 9:24:10 PM
Recs: 1

I think it is so stupid of people to berate somebody because their pick is losing points. I have yet to see any of the top dogs in CAPS with 100% accuracy. For instance, Matt8265 is currently holding onto Fannie Mae and Freddie Mac and is down approximately 75 points on each. In the Freddie Mac pick he says that it will be $90/share in 24 months. He's got eight days left on that 24 months in which it needs to go up about $89 if it is going to hit $90. He currently has a CAPS rating of 93.54. He should be proud of that. But he still makes mistakes. We all can be cherry pickers and find fault with other's picks, but why should we. I had a guy ask me the same "How's that working out for you?" question on a stock that I was down about 30 odd points on at the time. It bounced back and is currently barely positive. My accuracy is currently only 47%. I guess I'm not perfect. As I said in my response to him, if we are wrong with a pick and we lose points, we are all humans and not gods.

By the way ikkyu2, I liked your pitch on PPG and rec'd it. Congratulations on having a positive score on it.

Member Avatar ikkyu2 (99.45) Submitted: 12/3/2009 11:48:32 AM
Recs: 1

Well, I think the point is that the broad market lost something like 35% during the 5 months that Matt8265 mentioned. PPG dropped 80 cents which was about 9% of the value I picked it at.

26% outperformance is pretty good, but innumeracy seems to trump it every time, at least out of the mouths of haters.

Member Avatar ikkyu2 (99.45) Submitted: 1/19/2011 3:30:30 PM
Recs: 1

Rollin' with the 1 bagger: price up 99.96% from the start price (dividends factored in) between the start of the pick and today.

How you like me now, "Matt8265"?

Member Avatar georcole (91.80) Submitted: 3/8/2011 6:17:39 PM
Recs: 0

Congrats and keep rollin'.

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