what you wanted to know about cyclic stocks but were afraid to ask

[Southie]

Re: what you wanted to know about cyclic stocks but were afraid to ask

@Southie

Those who insist on P to E being a valuation metric probably were on the wrong side of the apple trade. At 705 the p to e appeared cheap at circa 12. Little did they realize the E was probably peak earnings. This thread would have kept them out of trouble.

Ditto AMAT. When E for this stocks hovers around 0 or even negative, that’s a positive sign. Bad is good. For amat.

Doesn’t mean u don’t do ur own homework.

AAPL was 100 (or split adjusted 705) sep5 2012. Now at 115. So 15 pct increase.

Snp500 has moved from 1460 to 1930. Or 33 pct. Enough said.