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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (23106)1/14/2006 10:10:46 PM
From: Spekulatius  Read Replies (1) | Respond to of 78715
 
Based on this years earnings forecast of 1.92$ and a stock price of 27.12$ this years PE is 14, which is cheaper than JNJ. Also keep in mind that TYC's FCF yield is higher than JNJ. The spinoff sounds like good news to me. All 3 parts of TYC will be market leader in their respective business.

I think TYC is a decent value here and on further weakness i am temped to buy more.