Well, phooey. I will just go ahead and mention now NPK, one of my favorite sucker value stocks. A stock with just sooo much cash behind it that amateur value stock buyers always seem to be buying into the cash, getting the dividend, and getting the houseware company for free. And to me, never seeming to make any real money on the deal. That's my impression anyway. However, with NPK at 26.75-27, and assuming the good dividend is maintained, and that there's not too much bad news forthcoming, and that there's a continuing supply of value investors who will buy this thing at even higher prices, then MAYBE NPK is now, at this price, a buy for a 20% gain + dividend capture within 12 months.
Any comments or suggestions or interest now with the stock vs. its price? I'll try to improve my negative attitude if anyone here will consider/or is considering buying this thing. |
