CUO
I brought some CUO the last couple of day around the $15 area. Normally I don't like to buy stocks this close to their highs, but I think this stock will make many news highs going foward.
1) GM were impressive last quarter, and sounds like GM if anything should stay the same or go higher.
2) Earning .31 in a seasonally weak quarter is impressive. I expect $2.25-2.50 for the fy and more the following year, pop a 10 pe on it, and I feel FV is around $25.
3) Not that I care about this as much as others, but tangible book value is over $25 while it is trading at $15.
Conclusion: I like stories, that offer, good growth, good balance sheets, improving Gross Margins, and cheap valuations. I think CUO at current prices is attractive in my opinion. All is just my opinion, and I could always be wrong though.