High-multiple stocks, he says, can remain stagnant for years until rising earnings cause the multiple to fall to a more reasonable level . At that point, he says, those kinds of stocks can be rediscovered, and once again start rising.
22.
But BBLIL and HLL were both subsidiaries of a common parent; operating in the same industry; were large, profit making companies; had a common pool of management, recruitment and some common directors; had listings on multiple stock exchanges, and were actively traded.
23.
New York-based Greenway said in its filing that a spinoff would make Ryerson Tull a " higher multiple stock than at present that could be used to purchase other metals service centers or to raise cash in the public market for business expansion ."
24.
Again looking at the multiples that, the way ( 15 : 50 : 30 ) we look at Internet stocks primarily based upon revenue, the multiples are much much higher than almost any other traditional sector, so as a result, the pullback should be greatest ( 15 : 50 : 40 ) among the highest multiple stocks.
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