10 Experts Pick the 10 Best Stocks for 2013

The 'smart money' gives you their best buy-and-hold predictions

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10 Experts Pick the 10 Best Stocks for 2013

Best Stock for 2013: Daimler

daimler185 10 Experts Pick the 10 Best Stocks for 2013First up, we have money manager and stock picker Charles Sizemore, CFA. He has a pretty good track record in the contest, winning the gold in 2011 by picking Visa (NYSE:V) and barely missing a repeat in 2012 with Turkcell (NYSE:TKC).

This year, though, he’s switching things up with an automaker stock. Namely, Daimler (PINK:DDAIF) — maker of the iconic Mercedes-Benz.

Why?

In the end, it boils down to one simple reason: It’s pretty darn cheap … especially considering it makes such a well-known and popular luxury model.

“Daimler trades at accounting book value and for just 0.39 times sales. It also has €46 billion in cash short-term investments, and receivables — and a market cap of just €44 billion,” Charles explains. “Yes, the cash in the bank and receivables are actually worth more than the entire company at current prices.”

Read Charles’ complete recommendation on Daimler.


Article printed from InvestorPlace Media, http://investorplace.com/2013/01/10-experts-pick-the-10-best-stocks-for-2013/.

©2014 InvestorPlace Media, LLC

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