How long is long run? 3-5 years? IMO to many variables to accurately predict something that far out.
Near term, I think you are spot on with the 9 range. This given it reached there in 2008. I think better conditions exist today for a restoration of earnings growth.
Nov 3, 2008 9.34 9.58 9.10 9.40 160,800 9.40
RE: Variables
I owned Marvel entertainment in the 2-3 range. If I knew it would be eventually acquired by Disney. I would have never sold it in the teens.
BTW-I owned and started with a partner. TOP SHELF Comics, comic book shop in the past. A high school friend became an artist and writer for DC and Marvel comics (still is). I knew one day the value would be unlock, but I had know idea to the extent.