2009 Fortune 40 Best Stocks for Retirement: Part I [View article]
I used his formula that is outlined in his book The Intelligent Investor. Now if you only wanted to apply it to his style of asset heavy, PE < 8 companies that is fine but his formula works for all companies as it uses normalized earnings.
He also notes that the 8.5 is the PE for a no growth company, so when you use the formula you are starting off with low assumptions to begin with.
2009 Fortune 40 Best Stocks for Retirement: Part I [View article]
He also notes that the 8.5 is the PE for a no growth company, so when you use the formula you are starting off with low assumptions to begin with.
Fortune 40 Best Stocks for Retirement: Part I [View article]
5 Health Care Stocks for Value Investors [View article]
Has fantastic numbers. It falls into one of the best managed companies out there.
Rock solid company with an excellent future.