http://www.fusioninvesting.com/2009/12/usd-flexing-its-muscles/ Fusing Fundamental and Technical Analysis with lashings of Behavioural Finance. Investing in Australia and North America. Thu, 02 Feb 2012 06:57:27 +0000 hourly 1 http://wordpress.org/?v=3.2 http://www.fusioninvesting.com/2009/12/usd-flexing-its-muscles/comment-page-1/#comment-1442 Dean Morel Fri, 18 Dec 2009 21:44:03 +0000 http://www.fusioninvesting.com/?p=4615#comment-1442 Roger Montgomery likes JBH. Retail is not in my wheelhouse so I mainly stay away and underweight the sector in my portfolio. The one thing I would check is percentage of sales from CDs. That revenue stream, which was their original is bound to dry up. As you say it sure has momentum. Just remember their earnings could go up 60%, but if their growth slows then the P/E will drop back to the sector average of 14 and the share price will go no where. It's doesn't appear to be a bargain to me, but as I said retail is not my thing. Roger Montgomery likes JBH. Retail is not in my wheelhouse so I mainly stay away and underweight the sector in my portfolio. The one thing I would check is percentage of sales from CDs. That revenue stream, which was their original is bound to dry up. As you say it sure has momentum. Just remember their earnings could go up 60%, but if their growth slows then the P/E will drop back to the sector average of 14 and the share price will go no where. It’s doesn’t appear to be a bargain to me, but as I said retail is not my thing.

]]> http://www.fusioninvesting.com/2009/12/usd-flexing-its-muscles/comment-page-1/#comment-1439 Anonymous Fri, 18 Dec 2009 05:55:31 +0000 http://www.fusioninvesting.com/?p=4615#comment-1439 Hi Dean, if you are into fundamental stocks with momentum, what do you think of JBH ? This is the best uptrend line in a stock I've seen for a while. Of course at some stage it will breakdown or turn but currently it has good fundamentals (ROE etc support price around $20-30) and it has strongly rewarded anyone who has bought on pullbacks. It reminds me of timbercorp earlier on or the late 90's dotcom bubble. It is also a daytraders stock as the intraday movement is 2-5%. Hi Dean, if you are into fundamental stocks with momentum, what do you think of JBH ? This is the best uptrend line in a stock I’ve seen for a while. Of course at some stage it will breakdown or turn but currently it has good fundamentals (ROE etc support price around $20-30) and it has strongly rewarded anyone who has bought on pullbacks. It reminds me of timbercorp earlier on or the late 90′s dotcom bubble. It is also a daytraders stock as the intraday movement is 2-5%.

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