02-05-2015, 10:57 AM
Looks like it could be a decent trade for you Alex. LB looks like a good company, but trading at a rich valuation here at more than 25X earnings. Never know how high the crowd will push it though.
Worth putting on a watch list though should the price ever pull back. Very nice growth rate and appears to have management willing to return cash to shareholders.
Worth putting on a watch list though should the price ever pull back. Very nice growth rate and appears to have management willing to return cash to shareholders.