Veolia: Check Out This European Dividend Giant At A Discount

The slowdown in Europe and ongoing threat of crisis have translated into discounted valuations for several European-based companies. The resulting investment landscape also offers historically high yielding stocks. The combination of discounted stock prices and high yields presents a compelling opportunity to investors who believe the current onset of international financial tumult is surmountable. We believe Veolia, in these conditions, is worth considering. Veolia Environnement ( VE ) Price: $11.17 52Wk Range: $10.12-26.31 Source: Yahoo Finance. The Story: French utility giant Veolia is the ultimate high risk, high reward play. A lot of things have been going very wrong at Veolia over the last several years. The company's track record of aggressive expansion through acquisition has left it with a significant debt load, which spells disaster in the Eurozone. The problems have been compounded by somewhat messy internal politics, which we explored in more depth in March in an... Read more