10-15-2022, 11:50 AM
O will be just fine. Just keep in mind these type of stocks do not do well in this current environment. I can see it bottoming in the mid $45-$46 range. That’s about where it was the last time the fed went nuts with rising rates. In the meantime build up that position and collect those monthly dividends. Great company and it’s on sale, like many other high quality names.
GNRC is getting very interesting at these levels. Forward pe right around 15 now which is good time to start building a position. My question is why has some of the top executives been leaving in recent weeks? And Pink Energy bankruptcy is a big reason why it’s down, but a huge over reaction. Now they have to offer warranties on all the units they installed. The hurricane damage in Florida will only help sales. I added some on Friday.
GNRC is getting very interesting at these levels. Forward pe right around 15 now which is good time to start building a position. My question is why has some of the top executives been leaving in recent weeks? And Pink Energy bankruptcy is a big reason why it’s down, but a huge over reaction. Now they have to offer warranties on all the units they installed. The hurricane damage in Florida will only help sales. I added some on Friday.