It's risen 93% since the day after Christmas (thank you Santa), and the tension between China and the US hasn't even slowed it down. The only thing I don't like is it seems too good to be true; nothing rises forever but it's sure trying!
So far so good...I'm really impressed with these guys given current market sentiment.
Ron-V
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Keep an eye on the trend line folks...I would give anything a few days due to the selloff today - just to see what happens over today, Friday, and then the weekend. By Monday morning we should really be able to tell what is overreaction to the current selloff and what isn't.
Ron-V
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"Fundamental factors:
Market Cap $12.50 billion
P/E 87.46
Revenue expected to grow 27.10% this year and another 22.90% next year
Earnings estimated to increase 23.20% this year, an additional 25.50% next year and continue to compound at an annual rate of 25.09% for the next 5 years
Wall Street analysts issued 9 strong buy, 2 buy and 5 hold recommendations on the stock
The individual investors following the stock on Motley Fool voted 384 to 13 that the stock wold beat the market
11,731 investors are following the stock on Seeking Alpha" (Barchart)