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


To: Jurgis Bekepuris who wrote (50463)1/3/2013 9:57:09 PM
From: Paul Senior  Read Replies (2) | Respond to of 78745
 
WU. I decided I would add a few shares to the very few I hold. I don't have access to the negative Western Union article in VIC, so perhaps I'm not getting the full picture about the company&stock and their prospects. I see the company has reduced its fees where apparently there's stiff or stiffer competition.

Given WU's great brand name and recognition, the large scale of its operations (510,000 agent locations), and its current p/e of under 7 (going to 9 based on Yahoo analysts' consensus estimate), I'm willing to go for a few more shares.

finance.yahoo.com

As always, jmo, and I've been wrong many, many times.