04-15-2014, 12:33 PM
PH is the only one I would consider fairly valued right now. I made a pile of money on PH coming out of the Great Recession with cash secured puts but never got assigned before I gave up chasing it. I would prefer the trailing P/E under 15 only because their earnings are more sensitive to the economy but here isn't a bad place.
GE and ITW are both on my radar but not at these prices.
GE and ITW are both on my radar but not at these prices.
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“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street