Frontline Ltd. (USA) ($FRO) Target: $40 Confident Investor Rating: Good

Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a "Good" company can end up hurting your investment performance a great deal.  Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio.  Over the coming days, this site will evaluate each stock on the Watch List.

 

Company name Frontline Ltd. (USA)
Stock ticker FRO
Live stock price [stckqut]FRO[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Good
Sales growth Poor
EPS growth Good
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $37.77
Target stock price (averages with growth) $49.67
Target stock price (averages with no growth) $35.54
Target stock price (manual assumptions) $32.4

The following company description is from Google Finance: http://www.google.com/finance?q=fro
Frontline Ltd. is a shipping company. The Company is engaged primarily in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers, which are configured to carry dry cargo. It operates oil tankers of two sizes: very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons (dwt) and Suezmaxes, which are vessels between 120,000 and 170,000 dwt. It operates through subsidiaries and partnerships located in the Bahamas, Bermuda, the Cayman Islands, the Isle of Man, Liberia, Norway, the United Kingdom and Singapore. It is also involved in the charter, purchase and sale of vessels. As of December 31, 2009, the Company?s tanker fleet consisted of 76 vessels. The fleet consists of 41 VLCCs, which are either owned or chartered in, 27 Suezmax tankers, which are either owned or chartered in and eight Suezmax OBOs, which are chartered in.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

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