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Edwards Lifesciences Corp. Message Board

  • irmtnz irmtnz Oct 19, 2012 5:16 PM Flag

    Full Year To Come In At The Lower End

    In the earning release the company said the full year will come in at the lower end of estimate . 3 days ago DLTR said the same thing and stock has dropped 10 points so far . Jim Cramer said the PE of 42 is too high so my guess is with the slower growth the stock should drop to around low $70.00 and may be attractive depending on the over all market condition . Any way, that will be my entry point

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    • EW ready pre announced earning and took the stock down in a big way. Read the report again, the huge drop is overdone. The potential for Sapient is huge. Operations for the hearts is a must. To compare with AAPL is not logical. Do you need to buy a fancy iPhone or stay alive?? Compare with ISRG then it makes sense. ISRG is also a great stock to own.

      Do not forget that baby boomers are growing older ..older...sadly.

      When things are tough in tech, buy healthcare, food...

      Good luck to all.

    • The bad thing is they lowered guidance on top of the miss for the Q just reported . If the outlook was not lowered then you could say it was a bump on the road but lowering guidance signals troubles ahead especially when Europe is weakening and with PE as high as 42 the stock is way over priced . I was also looking for an entry point in the $70.00 but now I am going to wait until next earning to see if they miss again or not . When growth slows it is time to get out . I bought AAPL 5 years ago and sold it last week as I thing the growth is slowing and cracks are showing and also the market has gone up for no reason , not on fundamentals

 
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