IBM still waste money buying back the trash (IBM).
UNP lost leadership for whatever the reason. Never chase the leader.
July 23, 2015
11:14 am ET ... S&P CAPITAL IQ MAINTAINS BUY OPINION ON SHARES OF
UNION PACIFIC (UNP 93.59****): We cut our 12-month target price to $112 from
$137, valuing the shares at 17.3X our '16 EPS estimate of $6.47, lowered today
from $7.23. This is below UNP's ten year average of 18X, warranted by
uncertainty related to demand. We also lower our '15 EPS estimate to $5.80 from
$6.29. UNP Q2 EPS of $1.38 vs. $1.43 missed our $1.63 estimate on lower volumes,
particularly in coal and intermodal. We expect the near term environment to
remain weak. However, after a sharp decline in the share price, we still find the
stock attractively valued. Dividend yield is 2.2% at current price. /J. Corridor
PE more than double to 24 in 8 years. If the trend continue PE in 2023 will be 48.
The highest PE ever for HD is 150 in 2001.
CSCO PE dropped to 16 from 160, with total return about 75% plus div. Not very good.
KO PE dropped to 25 from 140, with total return of 50% plus div. Not very good either. The big negative for KO is all drink contain sugar.