2013-01-17
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| BUY | $502.680 | OPTIMISTIC | NORTH AMERICAN - LARGE & ETFs | Yes |
Ranks very nicely. Trading at 10X earnings with an estimated growth rate of 20% going forward. If growth rate backed down, a 15% still gives you a PEG ratio of 0.66, which is very cheap. If it goes down to 10%, the PEG is still 1.0 so anyway you cut it, this stock is very cheap.
Stan Wong
Vice President & Portfolio Manager,
Macquarie Private Wealth http://www.stanwong.com