Follow-up<\/p>\n
Bill Nygren still likes DLPH, 11x ’14 earnings, as well as DTV. DTV is 10x next year’s expected earnings and the share count continues to decline. A merger with DISH would generate big savings.<\/p>\n
Review<\/p>\n
JPM might get hit for $6.8b in legal losses above reserves for manipulating energy markets.<\/p>\n
Re-Energizing Peabody – Seerat Sodhi of QCI thinks BTU can roughly double in price.<\/p>\n
Interview with David Kotak – Kotak said he is about at a 60\/40 split between stocks and bonds now and mentioned that the NJ Turnpike tax-free munis were recently yielding 4.73% and the taxable NJ Turnpike bonds were at 5.15% (can be used in an IRA).<\/p>\n
Vito Racanelli wrote about Teleflex (TFX). The price is down 12% for its April high and trades at 15x next year’s estimate, which is the average PE for the last 10 years and about 1\/3 below its highs.<\/p>\n
<\/p>\n
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Follow-up Bill Nygren still likes DLPH, 11x ’14 earnings, as well as DTV. DTV is 10x next year’s expected earnings and the share count continues to decline. A merger with DISH would generate big savings. Review JPM might get hit … Continue reading