11-05-2014, 10:45 AM
It's not trading like the hot stock everyone is talking about. I find it odd that a company that literally owns the HPC market right now and for the foreseeable future and has earnings growth in the high teens is trading at a trailing P/E of around 19. Is there some underlying story I'm missing?
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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