2013-02-19
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| TOP PICK | $459.990 | OPTIMISTIC | NORTH AMERICAN - LARGE | Yes |
As a value investor, he thinks this is going to make something over $40 this year. It has $150 a share in cash. Take off the cash and you are getting $40 of earnings for $300, which is 7X earnings for one of the great companies in the history of the world. He is assuming a major share buyback will be announced at the annual meeting as well as an increased dividend. Yield of 2.3%.
David Baskin
President,
Baskin Financial Services