Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



3 Shares That Show This Bull Market Ain't Over

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

LONDON -- The markets have been flying high so far in 2013 -- even after their losses of the past couple of days. While some think this bull market has just about run its course, these three stocks suggest that the charge is far from over.

Old Mutual (LSE: OML  )
Fund management firms such as Old Mutual thrive in bull markets. This does not seem to have been reflected in the Old Mutual share price. With the FTSE 100 ahead by 11% this year, Old Mutual is up "just" 19.9%. By comparison, Schroders is up 45.3%, and Aberdeen Asset Management is 29.4% ahead.

Today, Old Mutual shares are available at 11.1 times forecast earnings per share for 2013. It is worth noting that a big increase in profit is needed to deliver this. Even then, Old Mutual is still expected to make less than it did in 2007. With the FTSE 100 trading around 10-year highs, there remains little real excitement in Old Mutual's rating.

RSA Insurance Group (LSE: RSA  )
RSA Insurance Group has disappointed shareholders in 2013. Not only did the company announce a dividend cut with its final results in February, but the shares have also failed to join in the recent broader rally. In the last month, shares in RSA are up 2.4%. The FTSE 100 is 4.1% ahead in that time.

In the past, RSA has thrived in market advances. However, that has clearly not happened during this new bull market. This year so far, shares in RSA are down 9.2%. That puts RSA among the 15 worst-performing FTSE shares for the year.

RSA is forecast to earn 12.3 pence per share in 2013 and yield 5.4%.

Rio Tinto (LSE: RIO  ) (NYSE: RIO  )
Shares in the FTSE's megaminers have fallen this year. Of these, Rio Tinto is one of the biggest losers, down 17.4%. You might think that in a rampant bull market, no blue-chip share would have put in such a poor performance. But unfortunately for Rio, the price of the metals that it produces has been falling. This has led investors to reduce their profit expectations for the company.

Rio shares today trade at 8.2 times forecast earnings for 2013. The prospective dividend for 2013 is 3.9%. According to the average of published forecasts, a 12.7% EPS increase is expected for 2014. That equates to a 2014 price-to-earnings ratio of 7.2, with a yield of 4.3%.

If you are looking for more blue-chip income opportunities, then take a look at what Neil Woodford has been buying. This man is the U.K.'s top fund-manager and has been outperforming the competition for decades. To help you learn from this stock picker, our analysts at The Motley Fool have prepared a report: "8 Shares Held By Britain's Super Investor." This analysis is 100% free and will be delivered to your inbox immediately. Just click here to get your copy today.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2452212, ~/Articles/ArticleHandler.aspx, 9/24/2016 4:56:28 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 19 hours ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 12:08 PM
OML $200.78 Up +0.08 +0.04%
Old Mutual CAPS Rating: No stars
RIO $2518.77 Up +28.77 +1.16%
Rio Tinto CAPS Rating: No stars
RSA $546.00 Down -6.00 -1.09%
RSA Insurance Grou… CAPS Rating: No stars
RIO $32.41 Down -0.11 -0.34%
Rio Tinto CAPS Rating: ***