03-12-2014, 01:48 PM
Made a trade today.
Sold out of my GPC position for a 21% gain.
Bought GME at $38.49.
GPC appears moderately overvalued according to FAST Graphs with a 19.9 PE vs. a 10 year average PE of 16.6.
GME recently announced a 20% increase to the dividend, which boosted the payout to $1.32 and a yield of 3.4%. The company is trading at a PE of just 11.6, has zero debt, and $650M in cash with a market cap of just $4.45B. Also generates significant cash flow and has authorized a stock buyback worth about 10% of the market cap.
Analysts project earnings to increase by greater than 10% annually over the next 5 years, which is great considering its current low valuation.
Sold out of my GPC position for a 21% gain.
Bought GME at $38.49.
GPC appears moderately overvalued according to FAST Graphs with a 19.9 PE vs. a 10 year average PE of 16.6.
GME recently announced a 20% increase to the dividend, which boosted the payout to $1.32 and a yield of 3.4%. The company is trading at a PE of just 11.6, has zero debt, and $650M in cash with a market cap of just $4.45B. Also generates significant cash flow and has authorized a stock buyback worth about 10% of the market cap.
Analysts project earnings to increase by greater than 10% annually over the next 5 years, which is great considering its current low valuation.