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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (49016)9/17/2012 9:39:58 PM
From: Spekulatius   of 78741
 
Re CAH - I purchased some shares today at 38.21$. This company doesn't seem to grow much organically, but they have very little Capex (300M$) so they can afford to pay a decent dividend (currently 3.1%) and do acquisitions as well as buy back shares. I think this should work out OK at current prices, at 11x earnings, but with no net debt, the company is not terrible cheap, but without much business risk and a decent and rising dividend, I am willing to start a position.
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