RR Donnelley & Sons (fka RRD)

[abomination907]

Seeking Alpha Oct 3/2012: "Is RRD an opportunity or value trap? Based on the low growth rates used in this article, it seems to be an oversold stock. That said, the economic risk is substantial. Although management is doing a respectable job of managing the current headwinds they may not be able to overcome another downturn in global economic conditions, i.e., free cash flow could take a hit which could be devastating for the dividend and stock price.

Is the risk worth the high yield? The current free cash flow payout ratio is 38%, a reasonable ratio. The answer hinges on how stable free cash flow is going forward."