eddybaby

1 Comment

    • ON: Wed Jun 11th 15:57 PM
      Commented on:
      Does Buy-and-Hold Work on Major Blue Chips?
      Your chart shows nothing more than the slow re-alighment of price & value. With regard to Microsoft at least, you need to consider how the PE has changed over this period too. Its fallen across this time from a very high multiple (think Google today) to mid teens, which for a stock of this quality is significantly undervalued, and will start to march up in tandem with EPS (as ideally all stocks should, if they perform as a function of the business's underlying value, not of over-optimistic projections of future growth).
      View article »
Contribute an Article Become a Seeking Alpha Contributor