this really seems like good bet with a multiple of 10 w/ over 2.5 points below the ipo price..
all they gotta do is make .40 (the same last Q) for the rest of the year (far below expectations) and their P/E will still be 14 and change.
currently, if they meet, their p/e is now around 12.5
next years P/E based on current price is 10.9
if we see another drop like today..it will be strange but an opportunity for those not in yet.
I also like AMTD HOG CBS SVU etc some great low PE dividend stocks with growth potential looking good now.
are things that dire that there is no capital out there? with rates at 2% and staying there at least till august? i just dont understand the delfationary trend...is it all on the sidelines? its not going to gold - not really oil. wheres the money going as it leaves stocks?