Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: fletchb who wrote (4561)	3/27/2002 9:36:41 PM
From: Dave Gore	Read Replies (1) \| Respond to 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.