Whether the stock is up/down in the past is irrelvant in buying it over a 5 year period. More important the companies earnings is up from where it was 5 years ago, The only thing that has changed is the multiple the market is given it used to get 11-12 times earnings, Now It is lucky if it could get a 5 multiple. I think and believe the 5 multiple is wrong, but time will tell. The debt is a concern but at the same time yes rates will go up but if debt levels go down it will counter balance rates going up. All is just my opinion, and I could always be wrong though.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.