I know this company REALLY well but this stock is a riddle
I owned this 6 - 8 yrs ago when it went from $20 to $80 (pre-split). Sold it & never got back in.
Each time it gets back below $100, I look at it & say "Not worth more than $60."
Then they miss #s & it goes to $80 or so. I look at it & say "Not worth more than $60."
How in the world is this worth more than $60 on a bad day? even if you use a PEG of 1.0x on adjusted EPS, it is worth only $60. PEG 1.0x? Huh? Slowing growth & missing ests about once every 6 qtrs or so. I know the company. V good products. BUt no "moat". Even if you don't know the company, ask yourself if a company with a "moat" would miss #s about once per 6 qtrs.