Flash snapshot: when is cheap, dirt cheap?
And then: is it the time now for those chasing value in supply chain to pull the trigger?
Too early?
Well, well, well.
UBS analysts yesterday published a note, in which they wondered: what’s priced into transport stocks at the current prices?
Timely!
Keeping it simple, as they acknowledged:
“We apply the five year average P/E [price-to-earnings ratio] to the current stock price which then produces an implied EPS. We …
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