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RKT is gonna Rocket in 2011 towards $100/shr

|Includes: CUT, FBR, IP, MIDU, PKG, QQQ, SPXL, SPY, SSCC, SWM, TIN, TNA, UFS, WOOD, WestRock Company (WRK)


Rock-Tenn announced the acquisition of Smurfit-Stone (NYSE:SSCC) for a price of $35/share , this will accelerate their earnings big time.

RKT is currently trading at forward PE 10 if you put a forward PE of 10 on the revised target by analyst today it comes out to:

$8 eps x forward PE 10 = $80/shr

Making RKT currently undervalued by roughly $17/shr compared to its previous valuation metrics.