ENH Holds Tremendous Value Long

Description

⋅ Jun 10, 2014 5:13 PM

Fundamentally, ENH is wildly undervalued. The company is in the bottom 20% of the financial sectors' valuation metrics.

P/E- 8.13
Price/Book- .78
Price/Cash flow- 5.75
Price/Sales- 1.08

How I would play this stock:
I would buy for maximum value by initiating a position at $51 and setting a stop at just below $50. I would add to the position when it closes at 52.75+. Take profit at 54, and let the rest ride.