MJN overpriced with growth 20%, PEG 2.37, P/E 20.54
To determine the fair price for MJN from a fundamental perspective,
divide the current stock price by its PEG ratio. In this case $72.35 / 2.37 = $30.53.
To this result, subtract debt per share and add cash per share.
Not sure where the massive debt number comes from but if the debt is as displayed, MJN is worth nothing. Must be something missing from this picture on the long term debt number.
Business-Jet Slump Damps Rockwell Collins 2016 Forecast.
This slowdown could be a worsening industry group problem worldwide, not just ERJ.
"The International Poultry Council appointed a new secretary general on August 1st. The Brazilian Marilia Rangel will focus on bringing new members to the IPC and supporting the upcoming rapid growth of the sector."
See full story in World Poultry.
Sentiment: Strong Buy
India Will Overtake France In 2017: Merrill
Even though India's second-quarter GDP growth disappointed, it is still the fastest growing emerging market. Bank of America Merrill Lynch had a note out today saying
"We will subject our product portfolio to a total review, especially on the seed side. Then we will see if there are appropriate transactions to improve ourselves, perhaps with partnerships and joint ventures."
In other words we will take fewer naps. Before this Monsanto thing we played tennis, took naps, went on long lunch breaks and vacations. Now we might consider actually doing something worth our $1,930,000 salaries.
Does Deere plan to make tractors that do not need on board operators?
They need to eliminate the dividend entirely.
Then paying down debt while turning Viacom back toward a growth trajectory.
A tough road ahead.
Missing in above are a couple of things (mentioned in recent write up on VDSI).
More contracts mentioned in recent write up also with "Customer base spread over more than 100 countries." and "Banque Populaire (part of BPCE Group, the second largest banking group in France)" and "Caesars Entertainment Corporation, the world's most diversified casino-entertainment provider."
VDSI doesn't sacrifice earnings for excessively rapid growth.
Anyone in software engineering KNOWS excessively rapid growth equates to excessive risk. Excessive risk means lack of adequate testing. Inadequate testing means holes in the software. That is another good reason to have a recognized /renowned security leader as CEO.
You're up about $400 per 100 shares.
The question now is whether or not to sell the February $60 strike price calls for $375 per contract (100 shares).
February expiration is .587 part of one year.
The stock is now about $54 giving $590 difference to the $60 strike price.
Computed annualized return if assigned at $60 and stock is $54 tomorrow morning:
(((375 + 590) / 5410) / .587) * 100 = 30.38728835174939 or about 30% annualized return (excluding trading costs.