Trade Ideas June 23, 2014

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Share This:According to Barron’s 06/23/2014 reporting: Warren Buffet said “Buy a wonderful company at a fair price than a fair company at a wonderful price.” 1. Express Script Holding (ESRX) record of double digit profit growth qualifies as a wonderful and a 10% rise from here over the next 12 month seems fair. Petsmart – PETM is on sale. PETM  reported reduced EPS and outlook for fiscal year ending on Jan 31, 2015. “Petsmart should get its groove back.” Shares of Magna International, (MGA) North America’s largest auto-parts supplier, have risen sharply in the past few months on higher U.S.

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