this stock is more than likely going to remain rangebound in the 440-480 range until some big news good or bad drives it out of that range. It might overshoot down to 425 or up to 500, but this is very much a trading stock right now. I wouldnt want to have a long term long position right now, and in fact under the present circumstances the best trading strategy is to short it after it makes an intra run up. I have been making about 15k a week the past two weeks with that strategy.
can happen.... but more probable smaller incremental gains. slim chance one day POP of 50 points. -----------
in any event, price will rise with such a low PE, and prospects for more increases in Earnings... ------
makes no difference that growth has slowed, its STILL growing... one Billion bucko's every week net profits for the most recent 13 weeks is the prime indicator... few companies net one billion in a YEAR...