Tuesday, June 5, 2012

Symantec Looks Cheap

Shares of software security firm Symantec (SYMC) have fallen considerably over the last month, bringing the company's price to a two year low. As a result, the company trades just a few percent away from its March 2009 lows even though the company's revenues and profits are considerably higher now than they were then. The company now trades at a P/E below 10, despite having more cash than it does debt and despite a return on equity in the mid-teens over the last few years. Read more...

No comments:

Follow by Email