Thursday, December 22, 2011

Safe To Dip In?

Another day of nice gains is making it hard to stay away. But it'll be tough to make too much of the market's direction as the volume thins out. DNS +62, +21, +10.

Trades: none.

Reversal alerts: (10).

TIBX looks good with strong double digit YoY quarterly sales (~24%) and earnings (36 - 92%) growth, and the P/E falling from 41 to 29.

CRM's quarterly earnings should jump to a new level for the next two quarters but the P/E will only drop to 315 then 152. The P/E would go to 71 if CRM could sustain those earnings levels for two more quarters. Kind of pricey.

No comments:

Post a Comment