Investing Power Hour #60: $NVDA AI Bubble; $BBBY Post Mortem; Icahn vs. Ackman
Chit Chat Stocks
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How to Buy a Stock in a Depressed Economy
Lowe's was trading at about 12 times earnings in the 2009 to 2010 period. Now, that could go down to say 12 times earnings on a trailing basis in a very depressed economy. Cash flow margins aren't what they were two years ago because of inventory buildup. But I think this is maybe one where it's better to buy on a dip in cash flow margins than a dip in necessarily the multiple.
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