Category Archives: Target Achieved

Hang Seng Index: July 2020

Posted on July 30, 2020 by | Leave a comment

On October 5, 2019, we said the following of the Hang Seng Index:

“By all accounts, the failure of the Hang Seng Index to meaningfully exceed the 23,264.43 level indicates that the range of 24,585.53 to 21,616.14 is a lock.”

As seen in the chart below, the Hang Seng Index achieved a low of 21,696.13 on March 23, 2020.

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There is more room for downside risk, as plainly seen in the Dow Theory target of 19,967.86.  Hand over fist buying should be considered at levels below the ascending 19,967.86 trend line.

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Posted in Dow Theory, Hang Seng Index, HSI, Target Achieved

Markel Achieves Target

Posted on May 24, 2020 by | Leave a comment

On April 12, 2019,  we updated the 10-Year price targets for Markel Corporation (MKL) when the stock was trading at $1,001.27. At the time, we had estimated 2020  undervalued target of $763.82.

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Since April 2019, MKL has had an intraday low of $742.21 on March 23, 2020.

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see also: All 10-Year Targets

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Posted in MKL, Target Achieved

Virgin Galactic Achieves Extreme Target

Posted on May 23, 2020 by | Leave a comment

On February 20, 2020, we said the following Virgin Galactic Holdings:

“Virgin Galactic Holdings (SPCE) is creating a scenario where the extreme downside target could easily be achieved while being considered a normal ‘bounce.’ The price would have to rise to above $60 before the above downside targets are no longer valid. These situations don’t end well…”

At the time, we also presented the targets below, with the extreme target being $14.16.

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Since February 20, 2020, SPCE has declined as low as $9.06 on an intraday basis.

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Upside Resistance Targets

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  • $26.49
  • $31.93
  • $37.21

The $37.21 target is the next stop, which currently equates to a range from $26-$37.

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Posted in SPCE, SRL, Target Achieved

ADM Achieves Downside Targets

Posted on May 22, 2020 by | Leave a comment

On July 25, 2019,  we updated the 10-Year price targets for Archer Daniel Midlands (ADM) when the stock was trading at $40.80. At the time, we had estimated 2020  extreme undervalued target of $28.43.

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Since July 2019, ADM has had an intraday low of $28.92 on March 23, 2020.

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see also: All 10-Year Targets

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Posted in ADM, Target Achieved

3M Achieves Extreme Downside Target

Posted on May 14, 2020 by | Leave a comment

On October 18, 2018, we posted 10-Year price targets for 3M (MMM) when the stock was trading at $196.80. At the time, we had estimated 2020  extreme undervalued $141.18.

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Since October 18, 2018, 3M has had a closing low of $117.87 on March 23, 2020.

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see also: All 10-Year Targets

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Posted in MMM, Target Achieved

Power Corp of Canada Achieves Target

Posted on May 7, 2020 by | Leave a comment

On November 30, 2018, we posted 10-Year price targets for Power Corporation of Canada (POW.TO) when the stock was trading at $26.35. At the time, we had estimated 2020 undervalued and extreme undervalued targets of $22.74 and $15.31, respectively.

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Since November 2018, Power Corporation of Canada has had an intra-day low of $17.47 on March 23, 2020.

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see also: All 10-Year Targets

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Posted in POW.TO, Target Achieved

Aaron’s Inc. Earnings Beat Pushes Stock Higher

Posted on May 7, 2020 by | Leave a comment

After our posting yesterday, Aaron’s announced that it beat estimates.

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Check our updated undervalued and extreme undervalued price targets in our May 6, 2020 posting and see if Aaron’s is right for your risk profile.

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Posted in AAN, Target Achieved

Aaron’s Smashes Through Our Targets

Posted on May 5, 2020 by | Leave a comment

On November 24, 2018, we posted 10-Year price targets for Aaron’s (AAN) when the stock was trading at $48.49. At the time, we had estimated 2020 undervalued and extreme undervalued targets of $38.25 and $27.79, respectively.

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Since November 2018, Aaron’s has had an intra-day low of $13.01 on March 23, 2020.

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see also: All 10-Year Targets

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Posted in AAN, Target Achieved

AT&T Achieves Target

Posted on May 5, 2020 by | Leave a comment

On March 24, 2019, we posted 10-Year price targets for AT&T (T) . At the time, we had estimated 2020 undervalued and extreme undervalued targets of $27.57 and $18.20, respectively.

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Since March 2019, AT&T has had an intra-day low of $26.08 on March 23, 2020.

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We’d be watchful of the $18.20 target as it is still a possibility.

see also: All 10-Year Targets

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Posted in ATT, Target Achieved

Starbucks Achieves Target

Posted on April 29, 2020 by | Leave a comment

On October 1, 2018, we posted 10-Year price targets for Starbucks (SBUX) . At the time, we had estimated 2020 undervalued and extreme undervalued targets of $72.88 and $43.97, respectively.

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Since October 2018, SBUX has had an intra-day low of $50.02 on March 18, 2020.

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see also: All 10-Year Targets

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Posted in SBUX, Target Achieved

Berkshire Hathaway Hits Target

Posted on April 11, 2020 by | Leave a comment

On February 22, 2019, we posted 10-Year price targets for Berkshire Hathaway (BRK-A).  At the time, we had 2020 undervalued and extreme undervalue targets of $306,061 and $222,006, respectively.

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Since that time, Berkshire Hathaway has had an intraday low of $239,440 on March 23, 2020.

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The 2020 targets have been in place since our May 6, 2012 posting on Berkshire Hathaway.

see also: All 10-Year Targets

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Posted in 10-year Targets, Altimeter, BRK-A, Target Achieved

ABM Achieves Target

Posted on April 11, 2020 by | Leave a comment

On October 2, 2018, we posted 10-Year price targets for ABM Industries (ABM). At the time, we had undervalued and extreme undervalue targets of $25.12 and $17.06, respectively.

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Since that time, ABM Industries has had an intraday low of $19.79 on March 24, 2020.

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see also: All 10-Year Targets

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Posted in 10-year Targets, ABM, Target Achieved

Starbucks Hits 2020 Target

Posted on April 11, 2020 by | Leave a comment

On October 1, 2018, we posted 10-Year price targets for Starbucks (SBUX).  At the time, we had undervalued and extreme undervalue targets for 2020 of $72.88 and $43.97, respectively.

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Since that time, Starbucks has had an intra-day low of $50.02 on March 18, 2020.

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see also: All 10-Year Targets

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Posted in 10-year Targets, Altimeter, SBUX, Target Achieved

Polaris Industries Hits Extreme Target

Posted on April 11, 2020 by | Leave a comment

On January 27, 2020, we posted 10-Year price targets for Polaris Industries (PII).  At the time, we had an extreme undervalue targets $64.81.

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Since that time, Polaris Industries has had a closing low of $39.00 on April 3, 2020.

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see also: All 10-Year Targets

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Posted in 10-year Targets, Altimeter, PII, Target Achieved

Bank of Hawaii Hits Target

Posted on April 11, 2020 by | Leave a comment

On September 28, 2018, we posted 10-Year price targets for Bank of Hawaii (BOH).  At the time, we had undervalued and extreme undervalue targets of $64.18 and $44.16, respectively.

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Since that time, Bank of Hawaii has had a closing low of $47.37 on March 23, 2020.

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see also: All 10-Year Targets

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Posted in 10-year Targets, Altimeter, BOH, Target Achieved