For us who understand EW well for years can see this. Traders get used to tech stks do not understand the potential of EW. Am glad to have u here on this board.
EW will go up a lot higher because it is very cheap.
Using data from Financial Visualization web site, very good site.
Compare EW & MDT
PE for EW after Friday closed is 16.3 , MDT 22.49 So EW price should be 40% higher to be in line with MDT valuation. About $180 per share.
PEG for EW is 1.17 , MDT is 3.43 . Using PEG for comparison, EW should be 300% higher then current price You know the math...$350 per share right?
Now you see why Cramer said EW is so cheap.!!!
Time for split again, after EW goes back up to FAIR valuation.
Compare stocks in the same sector is a very fair way when it comes to valuation. Since YY is called the FB of china plus more.. PEG is best to use for growth stocks. Let's compare:
1. Using yahoo data
PEG for YY is .40, FB is 1.26
YY shout be trading at about $240 to be in line with FB valuation
2. Using Financial Visualization data which is much more accurate. This is their job.
PEG for YY is .59, for FB is 2.29
So YY should be trading at about $320
The problem here is FB has analysts and the media to protect/advertise the stock
YY has many analysts to cover but since the media does not cover YY, these Analysts do not want to spend the time to defend YY . I guess they want to get 15 minutes Of fame! YY is in china, who cares about china. CNBC would not cover upgrades on YY but FB BIDU BABA.
YY management must put effort to work with analysts. BIDU is good at this so they get glory coverage very often. Barron so far does cover the growth story of YY and see great value in YY.
I' m an investor in the stock market & also a trader for over 12 years. So I understand both FA & TA extremely well.
1. Your first message saying SOMEONE is working one new heart device. Do you know that it takes 15 years to be able to get FDA approval on a new product. Heart services are not like a drug you take which can cause side effects but when you deal with the hearts, it can KILL you. Would you like to risk your life on something new or devices from EW? Research to learn what the are.
2. Comparing EW with X, a commodity stock tells us that you need to learn more about major differences in commodity business cycles & medical product business cycles, demands/supplies, competition in the global economy.
3. EW is a cheap stock at current price. PE is only 15. Need to learn more what is a fair value for stock too. even Cramer said EW is one CHEAP stock and it will go up much higher. You can dislike him is fine for for this man to say that you need to learn why?
Just a few things to think about since it's Saturday night. TA speaking EW broke out on an assenting triangle, $80 $120 rule applied , then $120 $200 rule clicks in.
Please learn before you post something that you think you can pursuade people to sell everything so you can cover your short. I have been in this business long enough to recognize the shorts. Learn which stocks are winners & which ones are losers . Begins with FA. A great stock with low valuation is a winner. You want to short stocks? AMZN Z NFLX GPRO , etc (short term, not long term).
First earning will be very good. Ma is a genius in business. He will not disappoint first ER. Cramer also gave $120 PT this morning.
All the best with everything you do. Congratulation for your success both finically & family life. You are so blessed than millions
You can post anywhere so post sometimes to help others. It's a way to give back some of your blessings.
EW announced a great earning report. This is very good for a medical devices company . EW also cheap. Watch Cramer video last nigh and u can see.
For short term on chart EW next price is $120 .for a little bit longer $130. Own EW for long term and will be rewarded.
It's amazing. When I read that I couldn't believe my eyes. EU economy is at the bottom, china is trying to grow again with good PMI number . They want is to be solid recovery. The market all time high with all the crisis in the world this year. So I see 32% up next year is very doable. Look at 2013, up over 30%
Good luck James.
About an hour before close. The Ebola news of a doctor in NYC pulled Dow over 100 points & NASDAQ 20 points. VIPS was on the way to close at about $217 today. There will b tomorrow. Bull market is back. Denis Gartman admitted he was wrong again. Many here's Crmaer but he has been right. I learn from him . He's thousands times better than I am with a team of people working for him.
Very bullish chart and cheap valuation makes VIPS a great investment. As in eagles, we need patience.
Good luck to all.
$217 next. Clearly resumes to uptrend. Weekly morning star candle formed. The most bullish reversal candle.. $286 target in tact. ,market is so strong, new money moving in. You know that since 1905, 100% of the time, year ended with 5, 2015 in this case market is up with an average 32%
market very strong. BABA leading the way. If market continues VIPS will close about $212 then going higher. P&F chart has $286 target now. Wau undervalue stocks. CPA ring with BABA VIPS should be at $400 at least
You are right. Never too late market pulled back more than 200 points from high and VIPS at high of day since it's so undervalued, VIPS attracts funds
BIDU has P/S 11.63 (Price per sales)
VIPS P/S is 4.33
VIPS has growth rate 136% YoY
BIDU growth rate is 56%
I am not saying BIDU is no good. VIPS should be $400 or so to be fair with BIDU
If YHOO can beat handily 22c then good potential VIOS will beat. I can not believe how undervalued VIPS is. BIDU is a lot more expensive..
RSI started curving Up from 50 for the first time in weeks showing strength . Weekly chart has $262 target. Way way undervalued. Need an analyst to come out and say something like they did with BIDU yesterday.
You are absolutely right Don. There are people think they can go to any homes and rob them.same thing. Sadly, we have more than we can imagine. What's the their life purpose? Out of my imagination. Just hit the IGNORE button. Well, they will create new IDs, you can see the dates. IGNORE again..we can never stop the robbers don't we?
Aging pollution. EW has best products in the field. PE only 15. Potential buyout. EW clearly a good longterm hold.