Why ? Earnings and revenues will be trending down in 2022 by a lot. My estimate is for around $3 in eps for 2022 vs $4.50 for 2021. The decreased trend of eps should lower valuation, not raise it. Therefore, I would not give more than a 7 PE going forward on $3-$3.25, for a $21-$23 target.
BGFV +0.50 to 28.19, I sold some Nov $25 Puts for $1.05, so that gets me back into the stock at a $23.95 cost basis if I get assigned the shares .... I think it will ba a good range bound trader for months to come.
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