What are you buying today?

[Palantir]

Might dip into Red Hat.

On first viewing Red Hat really doesn't look cheap.

I disagree. A 5% FCF Yield + historical growth rate of 15-20% gives me a pretty high expected return of 20-25%. Even if growth is cut in more than half to 7%, it gives an expected return of 12%, which is still good.

[wachtwoord]

Might dip into Red Hat.

On first viewing Red Hat really doesn't look cheap.

I disagree. A 5% FCF Yield + historical growth rate of 15-20% gives me a pretty high expected return of 20-25%. Even if growth is cut in more than half to 7%, it gives an expected return of 12%, which is still good.

Okay you're expecting continued growth in such high percentages. I usually don't do that . Thanks for the feedback though

[Palantir]

^ Not quite, even if growth slows, I still feel that return can be high.

[wellmont]

Might dip into Red Hat.

On first viewing Red Hat really doesn't look cheap.

you are correct sir. it hasn't looked very cheap in years. it's a growth stock and if growth ever slows there is lots of room to fall. it's trading at 3.3% earnings yield based on average of next fiscal year estimates.

[Palantir]

Might dip into Red Hat.

On first viewing Red Hat really doesn't look cheap.

you are correct sir. it hasn't looked very cheap in years. it's a growth stock and if it growth ever slows there is lots of room to fall. it's trading at 3.3% earnings yield based on average of next fiscal year estimates.

Why would you ever use earnings yield to value Red Hat? Please familiarize yourself with the company.

[phil_Buffett]

bought more BP and ZINC

[fareastwarriors]

I guess I have to wait for the debt ceiling debate for a bigger pull-back.

[CorpRaider]

I expect it would have to stay closed for at least a week or two to make an impact. 

[Uccmal]

I am really wishing the 2016 Leaps for Aig and Bac were out right now.  Things are looking more buyable, but I dont like the tight time frames to January 2015 so much.

[enoch01]

I bought some BP yesterday.