The stock is selling around 15 with a 30-percent long-term growth rate, and 15 times earnings. It could double from here,
More Quotes from Jim Awad:
FedEx's report not only helped lift the transport sector, but the entire market. In the absence of major negative news, we may see another rally between now and the end of the year.Jim Awad
Conglomerates and cyclical companies have been on the spot lately and after today's industrial data, they once again became a good buying opportunity. But the trading is volatile and a bit distorted given the options expiration.
Jim Awad
You're getting a relief rally in bonds ... and that's giving you what looks like at an attempt at a rally in stocks, despite the bad news out of Microsoft with the delay of its product. The GM news is also a minor positive.
Jim Awad
Companies are finally putting their money into play and that is a vote of confidence in the strength of the economy and a positive for stocks.
Jim Awad
Both consumer confidence and housing starts were stronger than expected. Treasuries are getting killed, so people are worried interest rates will go even higher than expected.
Jim Awad
The stock market welcomed both the CPI report and the decline in oil prices. The Fed can't justify too many rate increases with mild inflation.
Jim Awad
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Where knowledge ends, religion begins.
Benjamin Disraeli
I have seen that the American Dream is a reality - and I would love to feel the British Dream is also a reality. To enable that, we have to bring back some common sense and encourage family values, a proper sense of justice and make people believe they have a decent chance to build a business or career for themselves. I see this moment as a fantastic opportunity to restore this, because I believe Britain Has Talent.
Simon Cowell