Activity has started, PSR is higher than I like, but this stock has the chance to take a momentum as it crosses 24. Sound financials, good earnings, decent sales growth. Expect PSR to peak out at a PSR of 2.8, combined with a sales growth rate of 12% that makes this a hold thru 31, then sell when it comes back toward 31.
24 to 31 is a decent 30% gain less commissions. Expect this short term, long term the stock is good for a 10% a year
(Also, has a dividend if you play long term)
Passing ideas -- (I'm long, and have held it thru the downer last year -- starting to show it's true colors now )
Later, TOM |
