That is a great answer but I would like to add that the person asking the question didn't say what his plan for the stock was. Buy and hold? Stock appriciation? Dividend income? Selling puts? Shorting the stock? Monthly cash flow? Why are you looking at Good Year in the first place? Asking the right question in the first place before you buy anything is going to be a good indication as to where your account is going to end up.
Let's take a good look at GT for a second or two. Price today was $27.33, one year target is only $27.75. 52 week high and low was $13.90-$28.48. that looks like a down trend from the project one year target. Furthermore the high for GT was $75.75 in January of 98.
Sorry but the fundamentals don't look that good. But hey... the person asking the question didn't really say why he was looking at it in the first place.
tremendous answer, thank you.
symbol GT. thank you y/a people.
