07-12-2017, 02:30 PM
(07-12-2017, 02:20 PM)Binary Wrote:(07-12-2017, 01:24 PM)divmenow Wrote: I sold out of Cat today after it reached my target of $110 and purchased more DE after being down over $4 from profit taking. DE is Still cheap and has a a forward PE of 17 and yield of 2%. I nearly sold that a few weeks back but decided not too. Now I'm almost out of cash lol. I have just enough to buy a beaten down retail stock. Either LB, TJX or WSM. Watching and waiting. Good buy on T and JNJ crimsonghost.
What's your target price on WSM?
I see know reason why WSM cant get back to $55+. It was at that price when they raised guidance last quarter. If you look at a 5 year chart $45 looks like a good entry. Sure it can go lower thanks to retail and being in retail ETF's. Trading at only 12 x next years earnings, no debt and and yield of almost 3.5%.