[Lonesome in Massachussets]

Proctor and Gamble has a P/E under 19, Ford under 10, meaning yeilds of greater than 5% and 10% respectively. (P&G was under 10 P/E a few years ago.) People are not going to stop buying soap, and will probably want pickup trucks and SUVs for the foreseeable future.

I don’t care what you swami sees in his crystal ball.

[driftdiver]

So the sales figures for Ford and other manufacturers has been stable the last 10 years?

[Leaning Right]

Proctor and Gamble has a P/E under 19, Ford under 10, meaning yields of greater than 5% and 10% respectively.

According to www.bigcharts.com, Proctor and Gamble and Ford both have yields around 3%.

[Mr. Jeeves]

Proctor and Gamble has a P/E under 19, Ford under 10, meaning yeilds of greater than 5% and 10% respectively. (P&G was under 10 P/E a few years ago.) People are not going to stop buying soap, and will probably want pickup trucks and SUVs for the foreseeable future.

That just means these companies aren't going to go bankrupt. It doesn't mean their P/E's can't end up well below 5 in a big downturn.

[Rusty0604]

In panic selling people don’t discriminate between profitable companies and those that aren’t. They just sell everything.

[meatloaf]

You could be right. I’m still wondering about the quadrillion dollars of toxic credit default swaps.