RE:Should be trading at least 70$I'm not sure about that. Morningstar is pretty accurate with its fair value calculatins and they have fair value at $35.41.
My wife & I are in for the long term but I think this correction isn't quite done yet. I suspect we'll see between $32 and 33 before it's all said and done.
Ciao
Sarge
canadian wrote: Payout ratio around 40%. CFPS is around 5$. Expected to grow to around 7$ by end of 2023. It should be trading at least 70$. Let it stay lower longer so that I can add more every month. How dumb are investors?