Little more than three months have passed since I last time looked into EMC Corporation (EMC). So what has happened to EMC during last three months and what to do next with it?
Last EMC recommendation was issued 2013.05.21. and at that date EMC was trading at $24.16. Today EMC is trading at $25.78 which results in 6.71% increase in price. That would give a nice profit if you were holding EMC during last three months.
The outcome of DCF valuation model has increased from $39.35 three months ago to $42.41 today which gives us more than 25% margin of safety so from the aspect of DCF – EMC is a BUY. The outcome of the Graham valuation model has decreased from $58.07 three months to $54.27 today and this value is high enough to assure that EMC remains undervalued and thus it is a BUY recommendation for EMC.
Overall recommendation for EMC remains BUY thus meaning that EMC is undervalued at this moment and that this is a great chance to grab it while it’s so cheap.
Previous recommendation: EMC BUY Recommendatio 2013.05.21.
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