Monday, October 19, 2009
Rich Duprey :: Townhall.com Columnist
Are These 3-Digit Stocks Worth Every
by Rich Duprey
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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...

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About The Author

Rich Duprey is a writer specializing in the stock market.

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