Overview of the company from Reuters:
From FASTGraphs:
While not that important, analysts are pretty bullish on the stock. From Fidelity:
I filled a limit order today at $136.
That's all for now,
Chump
Tuesday, October 1, 2013
Adding Valmont Industries (VMI)
Started a 1/4 position in VMI today.
Decent undervaluation, beaten up pretty well the last six days or so. Pays a small dividend, but has been increasing it the dividend every year for 11 consecutive years. Dividend growth rate for the past 14 years in 9.1%. Looking at the past 5 years shows that today's price of $136 or less is a good entry point, with a margin of safety of approximately 17%.
While not that important, analysts are pretty bullish on the stock. From Fidelity:
I filled a limit order today at $136.
That's all for now,
Chump
While not that important, analysts are pretty bullish on the stock. From Fidelity:
I filled a limit order today at $136.
That's all for now,
Chump
Subscribe to:
Post Comments (Atom)
Welcome aboard!
ReplyDeleteThanks grox, might be a chance to add this week. You're always one step ahead of me.
DeleteChump
Not true, you were first with FDO.
DeleteWe are in this to help each other... there is enough for all :)