Tuesday, January 15, 2008

Things Are Looking Good

Dear Diary,

American Eagle Outfitters (AEO) and Wal-mart are the only two retail companies in the black for the Christmas holidays, it seems, as I saw on the "Nightly Business Report" a few nights ago. AEO is at 10 times earnings.

Harley Davidson (HOG) is waiting for Spring sales to see what upside is there for them, now selling at 10 time earnings.

Medtronic (MDT) continues to putt right along at 19 times earnings.

Gene