Today's Bargains?!

[Dividend Watcher]

(08-25-2015, 04:03 PM)Kerim Wrote: Tomorrow I might grab some PH and some EMR. Thoughts?

Obviously, I like EMR since it's now in both our portfolios. Yielding almost 4% is a gift if you have patience.

PH at a ttm P/E around 14, Price/Cash Flow < 12, Price/Sales around 1.2, total debt/total cash on hand of about 1.6 (really low for an industrial -- Yahoo shows over $13/share just in cash & equivalents) looks pretty good to me. The only thing giving me pause is the yield around 2.4%. Their dividend growth rate is around 10% or higher IIRC. Since you're younger than me, I don't see a problem. They are a cyclical industrial so in a good recession their earnings and share price will take a hit so you might want to buy in chunks depending on the business cycle. I think I've mentioned it several times before -- I like this company; excellent products and shareholder focused.

The rollover this afternoon hints that better pricing might be ahead. Lowball GTC limit order?

[Owner]

(08-25-2015, 04:03 PM)Kerim Wrote: Tomorrow I might grab some PH and some EMR. Thoughts?

Bought some EMR today. Of course it went down over another $1/share at the end of the day. It's sooooo hard to buy at the low of the day. I've actually had it happen a few times out of about 180 buys I've made in the last couple years, but it's all luck.

Of course, today's low could look sky high in a month or a year from now. But, EMR's P/E is 2 to 3 points lower than their average P/E over the last 5, 10 and 15 year periods, so I think no matter what it's a reasonably good deal.

[rapidacid]

(08-25-2015, 06:17 PM)Dividend Watcher Wrote: Their dividend growth rate is around 10% or higher IIRC.

5 year average dividend raise is 19.4%

[Dividend Watcher]

Thanks, rapid. I didn't have time to check it.

[pyfish]

anyone following WMT? waiting for it to drop a little more