Shares of PSA Peugeot Citroen (PEUGY) have bottomed out around $19.50. The company trades at P/E ratio of less than 4, due to the recent economic crisis in Europe. With hopes rising of a European resolution of their liquidity and solvency problems, as well as Peugeot's growing investments in emerging markets, such as Brazil, Australia, Indonesia, China and India, the second-largest European car-maker is going to put the worst behind it. Did I mention their dividend yields approximately 6% at this price?
