I just discover PRU and they seem to me like a promising opportunity.
The company has currently a fair PE of 9.5. A positive sales and earnings per share growth during the last 5 years. A debt/equity under 1, institutional ownership over 60% and positive insider transactions.
They also have an active presence in social networks and a decent amount of followers.
From my point of view, the stock will continue revaluing. The price is recovering and the resistance wedge will be broke to the upside. There will be maybe a retest over the wedge and the price will continue ascending. The historical maximum will be tested and probably won by the bullish trend, going from here toward higher prices before a correction.
Best regards.
The company has currently a fair PE of 9.5. A positive sales and earnings per share growth during the last 5 years. A debt/equity under 1, institutional ownership over 60% and positive insider transactions.
They also have an active presence in social networks and a decent amount of followers.
From my point of view, the stock will continue revaluing. The price is recovering and the resistance wedge will be broke to the upside. There will be maybe a retest over the wedge and the price will continue ascending. The historical maximum will be tested and probably won by the bullish trend, going from here toward higher prices before a correction.
Best regards.