Sector: Paper & Paper Products; Consumer Non-Durables
Fundamentals: ROE 76.30% which is highest in the sector with dividend yield of 2.50%. TIN's 1 year earnings growth is 138.49% higher than the industry average. TIN's price/earnings (P/E)and price/sales (P/S) ratio are 95.50% and 88.40% lower than the industry average, which indicates that investors are buying TIN's revenue at a significant discount.
Technicals:MA(200) daily is $19.26 and MA(40) week is $17.95. P&F Pattern 'Triple Top Breakout Bullish' as of July 30, 2008 with target as $28. Also, 'Megaphone Bottom' pattern formed on July 30, 2008 with target of $20.00. Image below shows uptrend and P&F chart.
Cost basis: Bought at $16.27
Target: $17.77
Stop loss: $15.11 [Below recent two highs of $15.43 (May 20, 2008) & $15.22 (April 8,2008)]
Next Earnings: 22-Oct-08
Last Analyst Rating: Neutral
Other comments: Paper and Paper Products sector is doing well recently.
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