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14% for 3 cents beat?

Started by CNSZ , May 16 2013 08:55 AM

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4 replies to this topic

#1 CNSZ

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391 posts

Posted 16 May 2013 - 08:55 AM

CSCO beat the estimate by 3 cents, with lowered guidance for coming quarter. and stock price soar 14%. it is me lost my mind or this world is crazy?

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#2 PrintFaster

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1,683 posts

Posted 16 May 2013 - 09:02 AM

Here we go again.

Crappy jobs numbers released, and the 10-yr. Treasury Yield instantly crashes, commodity prices plunge, and investors celebrate by buying stawks!!

At least CSCO has a P/E ratio of 13, Salesforce.com has a P/E ratio of "N/A", LOL.. Posted Image

[attachment=20852:csco0516.png]
[attachment=20853:kss0516.png]
[attachment=20854:crm0516.png]

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#3 pdx5

I want return OF my money more than return ON my money

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Posted 16 May 2013 - 12:02 PM

CSCO beat the estimate by 3 cents, with lowered guidance for coming quarter. and stock price soar 14%. it is me lost my mind or this world is crazy?

CSCO is actually selling conservatively at 13 P/E.....
Anyone recall the P/E's during 2000 Internet bubble?
Many outfits had not even started doing business...
Many others had P/E's approaching 100...
Yet they all had hot stocks.

DJI has currently 7 or 8 stocks selling at historically conservative P/E even
after the bull run of last 4-5 months. I had posted a while back a chart of
corporate profit growth over last 10 years. It clearly showed profits are
high but rate of growth is getting smaller every year.

My Conclusion: CAUTIOUSLY Bullish until market says not so! Why fight the trend?

Edited by pdx5, 16 May 2013 - 12:03 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule