Stock price when the opinion was issued
This is an IT services company. Valuation is almost a 10% free cash flow yield. In May they announced they were acquiring HP Enterprises. Thinks people are underestimating the accretion and the synergies delivered from this merger. It is a very fragmented industry. They will be a multibillion-dollar company poised to continue making accretive acquisitions. Dividend yield of 1.18%.
(A Top Pick Aug 2, 2016, Up 46%) It changed its name. The merger acquisition transaction was quite complicated. It was one of the most value creating transactions he has seen. It is now DXC-T.