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  • buy_american_dont_outsource buy_american_dont_outsource Jul 24, 2012 9:30 AM Flag

    Merrill Lynch is Bullish on Forest Labs

    Saw that. Here's what they are projecting for earnings per share increase ANNUALLY over the next 5 years.

    "Sales and adjusted EPS growth goals of 15% and 50% CAGR, respectively, from FY2013-FY2018"

    CAGR stands for "compound annual growth rate". I wasn't sure at first what they were saying here until I looked it up.

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