11-03-2015, 04:13 PM
(11-03-2015, 03:04 PM)EricL Wrote:(11-03-2015, 02:53 PM)stewardinlife Wrote: Hello,
Anyone have any recommendations for GPS, or any feedback. Planning to own some as part of my portfolio.
Thanks.
At a 10.3 PE and a yield of 3.4%, the market appears to be pricing it for a big downfall in earnings, yet analyst expectations are still for a long term growth rate of 7-9%.
If you like the name, this seems like an excellent entry point. Just keep in mind retail is a fairly volatile sector and the company has just a BBB- credit rating. So there is still risk, even at this price.
Thanks Eric.