A Look At The Dow Stocks YTD Returns, Forward P/E And Their Seeking Alpha Followings

This is an excerpt from a Seeking Alpha post I published on August 8th:

According to a Zach’s Investment blog post, the average long term P/E for the Dow Industrial (DIA) has been between 14 and 15 for the last 100 years. The current market conditions fall right within that range. The Wall Street Journal  estimates the forward P/E for the Dow at 14.51 as of August 8th. Using numbers obtained from Morningstar I found the forward P/E to be about 14.2. This puts the market firmly within the historical average range.  I wanted to take a closer look however at the individual components and see which stocks were at the lower end of the average. I used stock information from Google Finance for the YTD returns and Morningstar to conclude on each stocks forward P/E. I also wanted to get a sense of which stocks of the Dow may be the most “unpopular”. Instead of looking at trading volume, (which could easily fluctuate due to stock news)  I chose to just use the amount of followers each stock had here on Seeking Alpha to get a better sense of investor interest. This can be seen by the size of the bubbles in the chart below. I’ve included some thoughts below about my findings. . . . .

To read more visit my full post here.

August Charity of the Month – The Water Tank Project

Starting this month, I’ll be highlighting a new and interesting charity every month. This month’s charity is The Water Tank Project, which launched this summer in NYC. The Water Tank Project is a public art and advocacy initiative to raise awareness about the global water crisis. According to the website, “For the duration of the project, art above will be complemented by action on the ground through educational programs, public tours, social media activities and a symposium dedicated to inspiring fresh views on global water issues. Artwork by acclaimed artists and New York City public school students will be wrapped around rooftop water tanks throughout the city, celebrating the talents of established and emerging artists, and calling attention to the global water crisis.”

The Water Project

The Water Tank Project’s first tank went up on July 30th at the intersection of 29th and 111th avenue.

The global water crisis is something I’ve read quite a bit about due to the never ending trend of developing nations growth being hindered by lack of clean water. This Businessweek article about the water crisis in Ghana is just one of those instances. This Businessweek slideshow also highlights more than 20 countries who are water-challenged, including Kuwait which “has some of the smallest water resources among the world’s roughly 200 countries” and Malta which “since the 1980’s … has relied heavily on desalinization to meet its water needs.”

Here’s some frightening facts I pulled together from across the internet:

  • By 2025, 1.8 billion people will be living in countries or regions with absolute water scarcity, and two-thirds of the population could be under stress conditions.
  • As of  2013, 2.5 billion people still lacked improved sanitation facilities for clean water.
  • Every 20 seconds, a child dies as a result of poor sanitation.
  • 85% of the world population lives in the driest half of the planet
  • Over 80% of used water worldwide is not collected or treated

“The Water Tank Project is the inaugural initiative of Word Above the Street, a non-profit dedicated to fostering environmental awareness and social advocacy through art.” The project is sponsored by NASDAQ OMX, Hewlett Packard, Patron, and Hearst Magazines. (Originally I saw the ad for The Water Project on page 35 of Esquire, a Hearst Magazine.)

You can read more about The Water Tank Project here.