On the basis of improved/discounted earnings and cash flow growth, the stock will have to trade at its rightful fair market value of around $70.
'Bigger' only for the sake of getting bigger makes no sense. Not trusting management of the company to execute the business is the worst blunder of them all.
Investors have already paid once for Citi's mistake, missing out on a good buying opportunity would be another.
Regardless of what period or decade you research, there is plenty of evidence showing active pickers consistently underperform the S&P 500.
This deal, when completed, will boost Abbvie shares to $70 in the next 12 months from the current $55.
There is still money to made in the PC industry, which should also bode well for other PC-dependent companies.
With an improved aluminum environment and the company's accelerated aerospace transition, Alcoa stock should hit $20 in the next 18 to 24 months.
Think industries instead of individual stocks.
The stock is moving in the right direction if management can deliver on international expansion and mobile monetization goals.
Buying Rackspace, Cisco would instantly become a feared cloud rival to Amazon, Google and IBM.