Stock behaving as I'd expect - unfortunately.
You can buy, buy, buy, and spin, spin, spin the reasons to continue buying.
Someday(soon) folks are gonna want real earnings - that are easy to compare to historical earnings. Not just one year prior, but further back than that.
And quit moving stuff around as far as segment reporting.
It almost seems as mgmt's purpose is to constantly make aquisitions and move around the reporting. All with the most honorable intentions I'm sure.
I've NEVER seem this work out well with stocks I've followed in the past. Infact it has stopped me from buying similar stocks in the past and that has always proved wise.
One person's "constant diversification/tuckin aquisitions" is another fella's "they have lost their way".
Look at the stock price. Which idea is reflected there? For years...
I agree. They have lost their way. Growth is stalled and management seems to being trying to restart it with acquisitions. There is no compelling reason to buy at this time.