Powerchord, I own it in my long term account. Earnings
were a blow out last week. Credit Suisse had it as a buy at
$51.05 with a target of $63. PM pays a dividend of 2.02
and has a current P/E of 16.1, projected 2009 P/E of
14.5. I like the looks of the chart too. p.
PM
Posted by powerchord on 29th of Apr 2008 at 03:16 pm
Matt:
Thoughts on PM -- having a nice day with a hammer at the MA & an inverse H & S
Thanks
powercord - looks okay but
Posted by matt on 29th of Apr 2008 at 03:24 pm
powercord - looks okay but be careful with the market
PN
Posted by Peridot on 29th of Apr 2008 at 03:20 pm
Powerchord, I own it in my long term account. Earnings were a blow out last week. Credit Suisse had it as a buy at $51.05 with a target of $63. PM pays a dividend of 2.02 and has a current P/E of 16.1, projected 2009 P/E of 14.5. I like the looks of the chart too. p.
PM not PN, sorry
Posted by Peridot on 29th of Apr 2008 at 03:21 pm