12-16-2021, 11:19 AM
(12-16-2021, 11:05 AM)ken-do-nim Wrote: ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account. Kind of glad the price is going down ... just needs to stay down through Feb/March.
IEP - Always a temptation! That P/E of 537 though ...
Yeah that 537 PE your seeing is not correct. Forward PE is 42 and then 23 earnings your looking at 31. So not as bad as you think once you put in the work,
Earnings are expected to be $8.70 in 2022. If oil does even better this stock will do very well. And good old Carl may go on the acquisition trail again lol
For someone who loves high yields I'm surprised your not jumping on this one
![Big Grin Big Grin](http://DividendGrowthForum.com/images/smilies/biggrin.gif)
100 shares would net you $200 in dividends per quarter. Not bad at all