Analysis of Latest TROY news:
A few days ago, before earnings came out, I posted that TROY was a screaming buy:
www4.techstocks.com
Well, now the 4th qtr earnings are out, and they exceed my wildest expectations! 4th qtr earnings per share TRIPLED over year ago 4th quarter. Annual earnings 64 cents a share, which means TROY's PE is now 26.
According to Yahoo profile, Avg PE for TROY's industry is 60, and TROY is the TOP-RATED firm in it's industry.
Even if you ignore TROY's rating,
and ignore its phenomenal growth rate,
and ignore its e-checking deal with Ameritrade,
and ignore the likelihood of future such deals,
and ignore the strong buy rating from EVERY analyst that covers TROY,
and JUST give TROY the average PE for its industry,
then TROY's price would be 38 dollars per share!!!
Accounting even conservatively for the other factors above makes TROY worth at least $50.
I have never, ever, seen a more undervalued fast growing e-stock in my life.
Blue Voodoo |
