With bond yields at historic lows, I'd have to say I am amazed a company like this is actually on low PE not high. I mean, cyclical companies trade at high PEs when going through a rough trot. I have a feeling that we'll get the double whammy here of a gain in E and a gain in PE over the next year or two.
With bond yields at historic lows, I'd have to say I am amazed a...
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$16.97 |
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