Thus I would advise potential investors to view dips such as this earnings report as potential buying opportunities for
an already undervalued company.
Not exact matches
But some Zipcar shareholders have
already objected to the sale price, arguing that it
undervalues the Cambridge, Mass. - based
company, which was once worth over $ 1 billion on the stock market.
After spending too much time doing analysis and research (I have a PhD to do) I decided to invest in Cadence Capital, a Listed Investment
Company run by Karl Siegling whose investment philosophy I thought a good one (to buy
undervalued and well run
companies, only when prices were
already on the rise or short overpriced equities, only when prices were declining)-- I still think this is an excellent LIC, and it has returned over 18 % p.a. since inception over 10 years ago.
I added to my spinoff shares around the $ 9.00 level because the
company looked
undervalued compared to other defense contractors (an industry
already out of favor due to anticipated future defense spending cuts).