Tuesday, September 23, 2014

Stock Swap Today (VMI & ALK)

I've been reading a bunch of negative press regarding VMI recently.  In parallel, I've been reading a lot of positive press about Alaska Airlines (ALK).  So I started comparing the two.....

In summary, I think the growth prospects for ALK over the next two years, far exceed those for VMI, and they pay the same dividend.  So I closed VMI today, and bought a 2/3 position in ALK...around $44.73/share

Here is the FASTGraph snapshot for ALK:

Great earnings growth, they recently added the dividend, and the stock is nicely undervalued today!