DON'T BUY
Model price is 20.79, so fairly valued.
DON'T BUY
Has always been expensive to him. When you break this company down, they are just a consultant. Gives credit to their financial engineering. His model price is $58.86 which is a negative differential of 21%.
BUY
His model price is $41 which is a positive differential of 20%. Feels it will hang around this level, but looking out a year, he feels it will be about $43.50.
HOLD
Has a model price of $22.66. About an 8% differential. Finding more value elsewhere, but there is value in this stock.
DON'T BUY
His model price is $18.28. Trading bang on its model price. Earnings estimates have been everywhere, probably because of US$ earnings.
DON'T BUY
This stock could go as low as $15.10. Gave a warning, but as yet he has not got the earnings estimates into his model. Has a model price of actually $26 which is substantially above where it is currently trading here. His only question is how far the model price will come down on the earnings announcement.
BUY
Looking at the mean estimates, he has a model price of $28. It should hit its bottom around $20.
PAST TOP PICK
(A Top Pick Mar 22/05. Up 14%.) The 2nd highest rated bank in his data base.
PAST TOP PICK
(A Top Pick Mar 22/05. Down 11.5%.) Has bought more. Likes the brokerage group and thinks it's undervalued.
PAST TOP PICK
(A Top Pick Mar 22/05. Up 2%.) Looks like oils are going to start to make new highs. Keep holding if you own it.
WEAK BUY
Regarding cyclicals, you are not going to see a valuation increase that you saw before. The mean estimates on earnings for this company is $2.30. These earnings will go on their balance sheet so a year out, the price target would be $20.70. Never buy a cyclical on a P/E basis. Still looking at a great rate of return, but you'll just have to be patient.
DON'T BUY
Dead money. Trades substantially above what he feels its true value is. Model price is $33.56.
DON'T BUY
Model price is $16.62, so its right on the model price.
BUY
Doesn't have the combined balance sheet of Noranda/Falconbridge (FL-T), but does own Noranda. Has a model price is $28.39 on Noranda, so it's a 35% differential.
BUY
Model price is $51.44. Trading at about a 40% overvalue.