Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: fletchb who wrote (4561)	3/27/2002 9:36:41 PM
From: Dave Gore	Read Replies (1) of 16631

Fletch, WDFC, had fantastic results beating by 3 cents. The only negative thing at all is that Zacks is only expecting 7% EPS growth rate next year. Could that be accurate? Did you hear the C.C. and did they discuss forward growth prospects? I know they plan to make key acquisitions, so I like to believe they will grow more than 7% next year over this one. Growth Consensus: kevxml2a.infospace.com If that 7% growth number is accurate then the PEG will be a bit high. For a stock in this category you generally want a Price to Earnings to Growth of closer to 1.0. But if the PE is 23 and the expected growth is 7%, then the PEG is over 3.0. That's a bit high. It may very well qualify as a good, quick trade at least, though, if positive money flow continues to pile in tomorrow. Thanks, I know I'll be watching.

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