AWR is currently trading below its 10 week line. Every time the stock has done that the past few years it has been a buying opportunity. Will this time be different? With solid earnings and increasing dividends; I doubt it!
AWR is a buy under $39!
VZ is a long term hold in any retirement portfolio. The stock has a 4.5% yield, and they pay you to hold the stock. It is not a high flier like TSLA or NFLX. I just check the quarterly performance and have been happy holding VZ for many years.
ACAD is a speculative stock. They are losing more money every quarter, and has a four billion dollar market cap without any earnings. The stock price is being pumped up based on one drug coming to market in the future.
The stock has run up quite a bit, and I would not be surprised if we saw a sell the news picture here…
There is a lot to like in AWR as a long term investment. They have a long track record of increasing earnings, and steady EPS reports. I expect the stock to hover around $40 for some time. But, over the long haul (5-10 years) I expect AWR to outperform the indexes by a good margin.
They will have the ability to increase rates (no utility ever goes down) in the future and grow their business at a gradual but steady pace. The firm has a market cap of $1.5 billion and I would expect that to increase in the future.
Yes, all the bad news is priced in to this stock. KORS fell out of favor with fund managers as the management team sold too much stock.
If the management team does not want to own the stock then why should you or fund managers?
The dollar continues to weaken. Although, Europe is in a real funk.
These times are when management really earns their money.
This is likely to be a challenging quarter for RPM.
I agree that these stocks are getting way too frothy. The only thing I can think of is that water is the new oil? A multiple of 27 for a utility stock is crazy...
The ECB bond buying program will help stabilize Europe. The dollar has been weakening since the last RPM report. My price target for RPM in 2015 is $55, and I think they do that pretty easily….
Anyone with a longer term time frame will just buy and hold. The weakness today provides a good buy opportunity for longer term holders.