Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Could not agree more. I think the destocking (customers way of adopting just in time inventory) is a very short term issue. Once inventories are depleted, they will have to repurchase, but thats what analysts harp on... short term issues. It could hurt the next quarter or 2 but thats it. Absolute worst case, earnings get taken down to $1.00, and we're looking at a $9 or $10 stock, at which point I back up the truck..

With even a slight improvement, this thing trades at more reasonable multiples, and we're looking at an $18-$24 stock...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement