The analyst maintains his Sector Perform rating, and asserts that the shares appear fully valued.
FORBES: Amazon: Pacific Crest Cuts Ests, Citing Soft Kindle Sales
Indexing clusters investment assets in securities which represent past success, are widely owned, and often fully valued.
FORBES: Focus On Assets And Liabilities When Planning Your Portfolio
Now, the share prices of Amazon, Facebook, Google and so on all look pretty fully valued.
FORBES: Why A Low Share Price Can Be Better Than A High Share Price: Good News For Apple?
We attribute recent share declines to disappointment over Star Wars, and believe EA looks fully valued at these levels.
FORBES: Jefferies Sets Buy Ratings On Google, Facebook, Amazon
As CSCO nears this average price point, analysts may be inclined to cut their ratings on the stock as it becomes more fully valued.
FORBES: Cisco Systems Faces High Expectations Ahead of 2Q Earnings
Take a look at his top public holdings and tell me whether he would have done a lot better if he had sold them when they became fully valued.
That is because in the current environment, when markets allow buyers to provide a reasonable multiple, get financing, offer an attractive premium and clear the deal with shareholders, the initial bid is likely to be fully valued.
FORBES: Private Equity Is Open For Business, So Where's That $20B Buyout?
The stocks are more fully valued.
FORBES: Telcos: Morgan Stanley Turns Cautious; Advises Shorting Verizon
In fact, while spreads have narrowed significantly from the panic levels reached at the height of the financial crisis, they still have a ways to go before reaching what I would consider to be fully valued (about 350 basis points over treasury yields or LIBOR, respectively).
FORBES: Investor Fears Exceed Actual Risks: 2013 Is Full Of Opportunities
Easements also offer another benefit: They will allow him to pass along the land to his children without huge capital gains taxes, because the land, which will never be fully developed, is valued at a lower rate.
FORBES: Hedge Fund Giant Louis Bacon's Bold Mission To Save The American West
应用推荐