Philips knows its light tech investments will pay off - Joseph Lazzaro

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Philips knows its light tech investments will pay off
Sep 24, 2009 10:30 PM UTC

Joseph Lazzaro

Return	Risk
+4.14%	MID

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Symbol	Sentiment	Start	Return	Closed
PHG		09/24/09	+19.07%	12/07/09

Via BloggingStocks:

Filed under: Stocks to Buy

I'm reiterating my Buy rating for Koninklijke Philips Electronics NV (NYSE: PHG), commonly known as Philips, first recommended on June 2, 2009 at a price of $20.30. If you purchased PHG then, you're up about 20%.

Amsterdam-based Philips missed the Street's revenue and earnings estimates in Q2, in what amounted to an essentially break-even quarter.

Continue reading Philips knows its light tech investments will pay off

Philips knows its light tech investments will pay off originally appeared on BloggingStocks on Thu, 24 Sep 2009 17:30:00 EST. Please see our terms for use of feeds.

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