7 Wonders of the Investment World

• America Movil SAB (NYSE: AMX). This leading Latin American wireless service provider has helped propel its owner, Carlos Slim, ahead of Bill Gates as the world's richest person. In the past year it had revenues of $23.1 billion and net income of $4.5 billion, and its stock rose 90%. And it's cheap -- with a PEG of 1 -- based on a P/E of 26 on earnings growth of 26% to $4.22 in 2008.
• Apple, Inc. (NASDAQ: AAPL). You may have heard of this iPhone maker -- it also makes the the iPod MP3 player. Its CEO, Steve Jobs, also headed digital animator, Pixar, which he sold to The Walt Disney Company (NYSE: DIS). In the past year, Apple had revenues of $21.6 billion and net income of $2.8 billion, and its stock rose 139%. But it's expensive -- with a PEG of 2.7 -- based on a P/E of 42 on earnings growth of 15.6% to $4.07 in 2008.
• Baidu.com Inc. (NASDAQ: BIDU). Baidu is a leading Chinese search provider. In the past year, Baidu had revenues of $128 million and net income of $46 million, and its stock rose 127%. But it's expensive -- with a PEG of 2.2 -- based on a P/E of 147.6 on earnings growth of 67.2% to $3.15 in 2008.
• Google, Inc. (NASDAQ: GOOG). Google leads the world in search advertising. In the past year, Google had revenues of $12 billion and net income of $3.5 billion, and its stock rose 28%. But it's a bit expensive -- with a PEG of 1.6 -- based on a P/E of 48.3 on earnings growth of 30.8% to $17.32 in 2008.
• Infosys Technologies Ltd. (NASDAQ: INFY). Infosys is one of the largest Indian systems developers. In the past year, Infosys had revenues of $3.1 billion and net income of $850 million, and its stock rose 38%. But it's pretty expensive -- with a PEG of 1.6 -- based on a P/E of 35 on earnings growth of 22.3% to $2.28 in the fiscal year ending March 2009.
• Toyota Motor Corp. (NYSE: TM). Toyota is the world's biggest maker of cars, trucks, and the like. In the past year, Toyota had revenues of $193.9 billion and net income of $13.3 billion, and its stock rose 21%. But it's expensive -- with a PEG of 1.8 -- based on a P/E of 15.2 on earnings growth of 8.3% to $9.95 in the fiscal year ending March 2009.
• Valero Energy Corp. (NYSE: VLO). Valero is the country's leading oil refiner. In the past year, Valero had revenues of $90.6 billion and net income of $5.8 billion, and its stock rose 13%. But it's expensive -- its earnings are expected to decline 16.5% to $7.91 in 2008, and it trades at a P/E of 8.2.

Of these seven, I like the value of America Movil best. Do you agree with the list? Which would you add or delete?

Peter Cohan is president of Peter S. Cohan & Associates, a management consulting and venture capital firm. He also teaches management at Babson College and edits The Cohan Letter. He has no financial interest in the securities mentioned in this post.