This company continues to have a banner year with record sales. What is holding the stock down? B/A
http://finance.yahoo.com/echarts?s=RBA#chart6:symbol=rba;range=1m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefinedKeep living in the past & watch your gains disappear. You crook!
Avg est EPS for 2009 is $1.00 so forward looking P/E is about 26 - somewhat high - I expect stock trade in 24-27 range for 6 months. Meanwhile collect the dividend.
The last 5 year p/e average is over 31.
Thanks for the input. I do love the dividend.