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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (35057)8/4/2012 12:06:41 AM
From: Paul Senior  Read Replies (1) of 78744
 
CAH. Cardinal Health reported today, and the market didn't like results or forward guidance.

finance.yahoo.com

finance.yahoo.com
Company expects next year's (6/'13) earnings to come in at $3.35-$3.50 ("adjusted" fiscal results). That might give CAH a multiple a bit under 12 on today's price. 2.4% dividend yield now isn't much. Otoh, Cardinal is a Dividend Achiever. On some other metrics Cardinal still looks expensive to me.

Overall, I'm guessing CAH at current price might be suitable for me for a very small add to the few shares I already have. I added a few shares today.
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