The earnings forecast and fair market value have been flat lining for quite some time. He is not worried about the payout ratio, however. The stock might go 10-15% lower and then it would be cheap.
It has a terrific yield. Almost 8% and it is covered. It has been trading in its range for the last 5 years and it is back down. A good balance sheet. He really likes it. (Analysts’ target: $32.67).
It is not the cheapest but it has been going along on a technical support level for some time. All of the banks make him a little concerned, so if he gets a 5% sell off, he would use that as a sell signal. (Analysts’ target: $89.43).
There is lots of insider buying and it is leveraged to the upside on bullion. The stock could double, or quadruple. There could be a 10% setback at some point also. (Analysts’ target: $11.08).
The earnings forecast and fair market value have been flat lining for quite some time. He is not worried about the payout ratio, however. The stock might go 10-15% lower and then it would be cheap.