I was originally attracted to HAL due to undervaluation coupled with growth prospects. I though HAL would be a stock to sell, once it reached fair value. Here is a FAST Graph for the holding:
Fair value based on the normal PE for the past six years of 14.3 is a price of $43. So as I near that price, should I contemplate selling? Here is a look a future projections for earnings:
Future growth looks good due their involvement in natural gas drilling (fracking), and a big push internationally. Further, HAL recently announced an increase in the quarterly dividend from $.09 to $.125 per share, and increase of 39%. They also released a statement saying that would continue to pay share owners an increasing dividend, so now its a dividend growth stock.
M* gives HAL 4 stars, and FAST Graph has its EYE ratio at 12:1, so for now, I'm holding for the long run.