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Strategies & Market Trends : Value Investing

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To: IndependentValue who wrote (51975)8/1/2013 3:34:12 PM
From: Paul Senior  Read Replies (1) of 78652
 
WDC. I'm in from last September. The stock's a hold for me at current price. Generally sells at low p/e; generally has high ROE --- a Greenblatt fit now (imo). My view: stock could/should/might, in an okay tech market, sell for about a 10x earnings. Average earnings projection (per Yahoo) for 6/'14: $8.13; so maybe I might call full value about $82/sh. Otoh, that range of estimates from the 28 analysts is $6.78 to $9.89. I note the d/e level has increased--- I don't view that favorably. There's a small dividend while I wait to see what happens.

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I'm not a fan of W. Tilson. To put it mildly.

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Welcome to the thread!
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