Archive for June, 2013

New 52-Week High for Colfax!

June 17th, 2013 Comments off

Colfax (NYSE:CFX) stock  reached $ 52.63, a new 52-week high on Friday 14th of june as reported by Zacks!

This upward movement is driven by increased analysts earnings estimates and a strong general stock market.

Zacks consensus estimate now expects earnings of $2.00 per share in FY 2013 which puts the p/e ratio on this stock at 26.

… not cheap but not outrageously expensive either.

Colfax stock stood at $ 7.27  in May 2009 when this blog started to follow it:

Until today a performance of 624%, more than a 7-bagger !








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