|
Maverick Tube, mavk split at the end of August 2 for 1. It was 50 at the time, and has now rolled up to 39.(pre split 78) Of course its PE has steadily gone up and now is at 43, but the growth rate is still higher at 62. IBD rates it as an eps of 69-74 and a rs of 99. The Accum Dis has been highest (A) recently. Maverick's main business is supplying the steel tubing needed for the field services in oil drilling, so as long as the present excitement in oil and gas drilling continues Mavk will do well. Any thoughts? |