Brought Some HBP over the last couple of trading days in the 5.40's, I think HBP is undervalued again.
1) HBP Earned a Whopping .23 in q2, and I expect .27-.32 in q3, and about .70-.80 going foward. I think HBP deserves a 10 PE hence I feel the stock is worth about $7-8. I think it is a good trade in the mid 5's setting up here.
Conclusion: I will buy more HBP on weakness. All is just my opinion, and I could always be wrong though.
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