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


To: Jurgis Bekepuris who wrote (31919)9/4/2008 3:29:42 PM
From: Wallace Rivers  Read Replies (2) | Respond to of 78774
 
I bought more NUE today (I know I sound like a broken record) sub 47 as it makes a fresh 52 week low. Yield is now 4.4% (some providers don't add the .20 supplemental dividend in the yield - they've been paying that supplemental for a few years now on a consistent basis). PE, granted in a cyclical stock, is now about 8. Very cheap IMHO.