Two Value Stock Picks - And Two Pans - from Vahan Janjigian of Forbes Investors Advisory Institute [View article]
Very insightful. He dislikes two high P/E stocks that are already down. His reasoning is about an 1/8th of an inch deep. So the last time gas prices spiked, comps slowed at SBUX and WFMI..right?
Both SBUX and WFMI's comps are slowing now but just pointing at a single headline factor is useless and unlikely to be correct.
If he liked SBUX and WFMI from their IPOs until April 2006 and then became bearish that would be great, but in all likelihood he has been wrong on these names for about 14 years and correct for one.
Two Value Stock Picks - And Two Pans - from Vahan Janjigian of Forbes Investors Advisory Institute [View article]
Both SBUX and WFMI's comps are slowing now but just pointing at a single headline factor is useless and unlikely to be correct.
If he liked SBUX and WFMI from their IPOs until April 2006 and then became bearish that would be great, but in all likelihood he has been wrong on these names for about 14 years and correct for one.