|
Posted by FrediFizzx on August 24, 2008, 3:41 pm
>
> TXT textron
>
> I could see this conglomerate being oversold to $35
> in an overreaction to it's financing division which is less than one
> fifth
> of the company's income
>
> it's a screaming buy right now
>
> Trailing P/E (ttm, intraday): 9.80
> Price/Sales (ttm): 0.65
>
> and could receive a technical bounce to $45 right now
>
> but a legdown to $35 support levels could be the buy of a decade
>
> with commercial airlines on the ropes, cutting service, cutting
> flights
> I can only see more growth for private planes and helicopters
Yeah, that is probably a good long term buy. There are tons of them
out there right now. ;-)
Fred
|