What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Steris Corporation (STE) - Quote Info
Re: i am thinking about buying stock in ste have question     16-Oct-09 01:40 am    
See my post on august 18th - my thoughts were low 40's in 12 months.

however, by year end, we may easily hit upper 30's if the following happens:

1. Watch November 3rd earnings release. If ste team can put a little more energy into their top line forecasts this pops fast (however, they've been a real conservative bunch).

2. Institutionals make some larger block purchases. right now, with the limited liquidity - you can move this stock too quickly so larger players are hesitant to jump in in a big way. Lot of small transactions to build up a position.

3. A few more high-caliber analysts jump on the barrons bandwagon and start covering this CORRECTLY. Won't take a rocket scientist to put this on a high-conviction list.

4. or better yet - and this is one i'd like to hold out for - we'll get to the mid 40's in no time if one of the larger players makes an offer to buyout STE - easy acquisition that has multiple benefits incl. being accretive to earnings

IMHO, if you buy - buy big and buy fast. Regardless of a market pull back - this one isn't going to have proportional drops.


Sentiment : Strong Buy
Rating :
 (1 Rating)
Rate it:
awful/not related to \pooraveragegoodexcellent

codacodasf

35/Male
New York, N...


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
how high will this stock go this year
redfinjoeco... Rate it 14-Oct-09 02:13 pm  
 
Re: i am thinking about buying stock in ste have ques...
codacodasf (1 Rating) 16-Oct-09 01:40 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Steris Corp. (STE)

Chart for Steris Corp. (STE)
At 1:01PM ET: 32.48 Down 0.39 (1.19%)
Symbol Lookup