Fundamentally, the value guys should be jumping into this stock about now. With a Forward P/E of less than 9 and a 3-5 year projected growth rate of 20+%, how can you not love this? This stock is even approaching the 6% dividend range.
The only thing that can stop OI is surging natural gas- even though they have pretty powerful pricing power.
Fortunately, there seems to also be run away from commodities these last couple days and the stock as help the $40 level during the sell off.
Tuesday, July 8, 2008
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