As growth stocks go, RHT surely fit this category. It's a growth stock. However, this particular growth stock happens to be quite overvalued at this time.Looking at a laundry list of metrics for the company, all of the numbers are quite up there. For example, the company currently has an enterprise value to structural free cash flow ratio of 66.48.Even for a growth stock, this one is too overvalued to be a potential buy.Disclosure: Currently, I hold no position in RHT.
When you look in the mirror in the morning - do the letters you see spell:N O R O MRHT is like coca-cola in its infancy - there is nowhere for rht to go but through the roof.It is one of the best managed companies in the world and its executives are more committed to sustained growth and share appreciation than most companies out there.Get a clue!
One if its key executives just resigned. Oh well for your theory.
No, I'll leave the N O R O M seeing to you.Actually, when I look in the mirror in the morning, I see people like Warren Buffet, Peter Lynch, Harry Domash, Joe Ponzio, Henry Blodget, Benjamin Graham and many, many others who have taught me everything I know about investing.Wouldn't it be great if you could say the same?Nah, I doubt it.
your opinion may be true, but it is not shared by the insiders.check the 30+% insider selling in the last 6 months. This fact has me worried.Overly bullish A-holes also worry me.