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Strategies & Market Trends : Value Investing

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From: Chid10/25/2012 6:38:26 AM
   of 78688
 
Anybody taken a look at R. R. Donnelley?

The stock is sitting above its 52w lows after the disastrous GOOG early earnings release.

Many people have called the death of print and newspapers many times but I can't see print dying off anytime soon as in the next 5-10yrs and RRD's dominant position as the world's largest commercial printer should bode well for it. In addition, I didn't have no idea that they actually take care of GOOG's earnings releases and such.
I am not in it for the div yield but the expected dividend yield of 10% is definitely a plus.
The question is whether they can continue servicing their debt and continue to earn the high FCF that they are currently earning?
Anybody have any thoughts? It's trading at pretty good valuations even if you factor a decline in earnings and FCF.
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