04-15-2014, 12:33 PM
PH is the only one I would consider fairly valued right now. I made a pile of money on PH coming out of the Great Recession with cash secured puts but never got assigned before I gave up chasing it. I would prefer the trailing P/E under 15 only because their earnings are more sensitive to the economy but here isn't a bad place.
GE and ITW are both on my radar but not at these prices.
GE and ITW are both on my radar but not at these prices.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan