I know management said low double digit growth, but the market obviously doesn’t believe this. I have bought a little at these prices and a steady 7% ep growth plus dividends will yield an acceptable return for me in an over valued market. I think we are both positive on this, but my expectations are more muted. Earnings security is also important and csl demonstrates this.
CSL Price at posting:
$247.69 Sentiment: None Disclosure: Held
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