Wed, Mar 4, 2015, 6:23 AM EST - U.S. Markets open in 3 hrs 7 mins


% | $
Quotes you view appear here for quick access.

Best Buy Co., Inc. Message Board

scottbwest2000 1 post  |  Last Activity: Dec 16, 2014 11:55 AM Member since: Aug 21, 2006
  • Reply to

    PWR's valuation

    by dlhild Dec 15, 2014 1:20 PM
    scottbwest2000 scottbwest2000 Dec 16, 2014 11:55 AM Flag

    All the O&G service sector stocks are down, etc. At some point soon, a lower PWR stock price will be a compelling buy for me. Oil could go as low as $40, which will absolutely shut in or delay a number of projects. Followed by a rapid rebound (those gas guzzlers are flying out of the showrooms this Christmas season!)

    So we're back above $70 no later than the end of 2015 and projects start becoming feasible again in 2016.

    If you trade PWR, then you take a powder and move on for a year or so. If you invest long term, then you like their prospects even more at these lower prices. Putting in a buy order at $24.

39.18+0.55(+1.42%)Mar 3 4:05 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.