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Ranjit Thomas » Comments » Single Comment
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Look at the cash flow statement, not just reported earnings. The stock is at ~50x trailing free cash flow, which implies that reported earnings have been aggressively managed. It looks like the company under-depreciates, which will catch up with it soon.
Mar 02 08:02 am
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All Comments by Ranjit Thomas »Praxair Has Potential for '09 Breakout Performance [View article]