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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: Larry S. who wrote (1814)4/14/2000 1:20:00 PM
From: JakeStraw   of 5499
 
Larry, Like I said, I really don't follow retailers. My reasoning is as follows:
1) Just beacuse JCP has a reasonable p/e and a nice yield does not make it attractive in my eyes. It sells at that p/e for a perceived (right or wrong) reason.
2) WMT on the other had does have a high p/e, but sports it for a reason also. It's a gorilla & IMO will continue to be one for the forseeable future.
3) This is just my opinion, so keep that in mind...
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