Is ECL undervalued? This sort of setup suggests potential upside... Im not sure about you guys but awesome_stock.s has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
It is not unusual for quality cash cow stocks, such as ECL, to have P.E.s of 45 in this market.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stocks
David Stockman is predicting a market collapse on Thursday, 5-11-17, as retailers report dismal earnings. Things really are falling apart.
Yu b da Fool
3 years of declining revenues? Why?
The last time ECL did something like this it blew up. Yo you should really check out awesomeSTO-CKS, they seem on point with their stocks.