Savvy Trades and Investments

[SSKILLZ1]

BAX

Brought some BAX at $22.14 today, so obviously went lower after I brought it. but here is what I like.

1) Current has a yield of 3.1%+ at current prices. So you get paid a decent yield.

2) Company guidance of $2.42-2.52, and I expect decent earnings growth next FY hence I believe the stock is simply too cheap. I think at least a 12x multiple is warranted and perhaps as high as 15. I expect about $2.70-2.80 next FY hence I see significant upside from current prices.

Conclusion: I like BAX here and think it is a pretty good buy at current levels which is very close to 52 week lows. I will buyback more on weakness. Time will tell. All is just my opinion, and I could always be wrong though.