06-02-2017, 09:17 AM
(05-26-2017, 11:57 AM)benjamen Wrote: I am showing GE to have a ~25 P/E. That is high for my tastes. I have a half position already from when prices were lower.
I do like T and VZ at these prices. Since I already have a full position in T, I added to VZ today to bring it also up to a full position.
True, but it's 14x next year's earnings, which tells me that the 25x ttm earnings probably needs to be normalized for some one-time expenses.