I have added to my position yesterday, I really do see value in this stock and I'm surprised that the market ignores it, leaving it at such a low multiple, whilst others are priced so much higher. Currently the stock is priced at no growth if one discounts it at 10%. I had other stocks in mind , but after the results and insiders buying , I can't help but put more into CCP.
My biggest issue is what do I do when the stock becomes a huge portion of ones portfolio ; people say diversify, but if one cant find a better one then its really throwing good after bad. Its a tough decision, wondering how others approach it.
As lynch says some times the best stock to buy is he one that's already in your portfolio. Also he likes companies with boring names ánd does something despicable ! I think credit corp fits that bill!
CCP Price at posting:
$9.15 Sentiment: Buy Disclosure: Held
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