Top 3%
Ooh, strong company, pulling in large amounts of cash, selling at 10 times Future P/E, holding the dominant position in an industry that is forecasted to replace internal box spring mattresses completely, just a few months before they introduce new products, and their wealthy clientèle make a killing in the cheaply priced stock market.
Yes, it really did require that long of a run-on to sum up all the reasons I'm buying this stock. Not a huge part of my portfolio, but I think it's actually one of my safer long term picks.
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Top 1%
shlomi
Jan 27 at 11:23 ET
Ouch ... 23%, are you long on this one ?
Top 3%
SmartGambler
Jan 28 at 4:06 ET
Yes, I definitely am long this stock. I bought in after the drop though. It may fall a bit in the short term, but in the long term, a forward P/E of 10 is an amazing value!