Ryder price target raised to $80 from $72 at Wunderlich
Wunderlich raised its price target for Ryder shares to $80 on expectations the positive impact from late model truck maintenance issues will continue. The firm reiterates a Buy rating on the stock.
Yes it's very frustrating, especially since end-of-year institutional selling for cosmetic and tax purposes is aggravating this sector's usual volatility. But 2014 should be a good year for fcx. I believe in the big picture, so I'm going to bite the bullet and hold.
Good sign that fcx held it's own yesterday when many stocks were down a lot. Sell-off of high fliers could have been year-end profit taking more than any change in fundamentals, and this could be the start of the rebound.
The top 50 hedge funds yanked nearly $1.3 billion out of Boeing during the third quarter, according to data from research firm FactSet, and put the money into Facebook. Are they pulling the plug too soon or is Oppenheimer onto something other than manipulating the stock's price to buy it cheaper?
The "fly me to the moon" mentality IS ridiculous. It's like the fabled tortoise and the hare race. Remember, the hare lost, and the slower and steadier tortoise won. PG will prevail in the long haul.
I don't understand the "sell on the news" dictum when the prediction is for continued growth and a solid yield. This is not a stock for greedy momentum players.. It's for patient people who like a solid return on their investment. I'm holding for the long term.
Good call on your part, and thanks for tweeting. We need to spread the word (people do read this, but there are not enough of us). It looks as if R is on track to make a great ROI.
Could not understand why the wheels came off of R after the last ER. The numbers were pretty much in line. Stock has been doing better lately, but still has a long way to go. Maybe this coming report will get it back on track.
Brain, you seem to be very knowledgeable, so I'd like your opinion. I'm thinking of adding 200 shares to my small position (300 shares) before FCX reports. Do you think that's a good idea?