True penny stocks are a minefield, but small-cap copper
beauties can be
one way to easily double your money.
There are also those companies whose shares trade at the
other end of the price spectrum. I call 'em "three-digit
stocks," though if they're anything like
Berkshire Hathaway , they can trade in the
four-, five-, and six-digit range, too.
While a penny stock might not be a good buy simply because
it's cheap, a three-digit stock shouldn't scare you away just
because it carries a hefty price tag. Handsome is as handsome
does, so we check in with the
Motley Fool CAPScommunity to see which ones the
investor-intelligence database sees as having the best chance
of succeeding.
Below are a handful of these high-priced highfliers. We'll
take a look to see if investors think they can maintain their
lofty valuations.
Stock
3-Digit Price
CAPS Rating
Return on Capital, TTM
Apache (NYSE: APA)
$102.75
****
(14.2%)
Diamond Offshore Drilling (NYSE:
DO)
$105.61
****
28.9%
Flowserve (NYSE: FLS)
$105.01
*****
19.1%
IntercontinentalExchange (NYSE:
ICE)
$105.84
****
13.2%
SPDR Gold Shares (NYSE: GLD)
$103.18 Continued... |