Yes that report appears to be a great read and something for me to look at more closely over the weekend.
The conclusion reached is that SXY is currently fairly valued. As psi81 in his eaelier post quotes from the report "However, we believe its historic growth and future prospects are already incorporated in its share price."
On the other hand the report also concludes that BPT and DLS are currently well undervalued. Are we possibly backing the wrong stock here ? Not that there's anything wrong with a Hold, but just making a comparison.
SXY Price at posting:
75.5¢ Sentiment: LT Buy Disclosure: Held
