Investment: Stock markets are looking frothy, valuations stretched

Michael Murray: DCC, operating in 13 countries, looks a fairly safe harbour for long term investment.

24th November, 2013

Stock markets are looking frothy, valuations stretched. At some stage over the next 18 months, a market correction seems probable. Quantitative easing has fuelled global share prices. So, for equity investors at present a high level of selectivity and good homework is essential - on company management, market position, cost structure, cashflow resilience, diversity and financial firepower, and track record with acquisitions. It is on these criteria that DCC scores well. In my book, it...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago