You, I and many others have similar investment criteria, look for stocks that are UNDERVALUED and GROWING BIG TIME. Unfortunately, this eliminates most large cap stocks as well as those companies located in industrialized countries. This leaves us primarily with small cap stocks in China, India, Africa and other 3rd world countries. I would rather put my money in country like China that has billions and billions in reserves and is growing. This is why i posted the PE ratios.