Color me stupid but I cannot figure out the decline in micron today. estimated four quarter forward earnings are $38. They are in an oligopoly running at peak capacity already and the only one capable of expanding quickly is Micron, at least that what is being reported, so now you can get this company at under 10x forward earnings,
The conference call for RITM was fantastic, this might be the most undervalued stock in my portfolio, and the 9% distribution is ok too,
The sell off in Paypal i guess is normal but when all is said and done the free cash flow will be around 10%,
you would think the company was losing money, based on the share price decline, Does anyone think the company will see earnings declining meaningfully in the next 5 years?
I think this market has been pretty much taken over by algorithms, I am glad i am on very little margin at this point, |
