Ticker Shock: Five Reasons to Add Cisco to Your Portfolio Glenn Curtis Jul 02, 2009 11:25 am |
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Some thoughts on the news and the overall situation:
1. I’m not reading too much into the reported Redstone move. Long term, this stock could really roll.
2. For obvious reasons, I think the risk is in the near term.
3. With a little luck, the shares could make a new high at some point. That could draw a good amount of investor attention, particularly the momentum set.
4. Is it me, or is it looking a bit pricey at about 20.4 times this year's estimate (currently $1.52)?
Walgreen (WAG):
My thoughts:
1. I continue to strongly believe that in the drugstore space, this is the best ballpit to play in long-term.
2. If you read Ticker Shock regularly, you know by now that I believe -- due to an increasing number of elderly people and demand for medication -- that the group could really do well.
3. As I alluded to in an article penned on June 22, I’d be even sweeter on this cookie in the mid $20s.
4. Insiders -- how about showing some love?
Hey -- have a safe and great holiday!
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