Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Tortoise and Hare: This 5% Dividend Will Beat NVIDIA in 2024 By: Contrarian Outlook July 26, 2023 at 05:00 AM EDT I’m sure you probably know this—but it is usually a really bad idea to pay 43-times sales for a stock. Note that I did not say earnings . I said sales . Revenues. The ol’ top line . Before everything. Scott McNealy, the co-founder of Sun Microsystems, famously told investors it was insane to pay 10-times sales for Sun’s stock. Ten! At 10 times revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. That assumes I can get that by my shareholders. That assumes I have zero cost of goods… that assumes I have zero expenses… that assumes I pay no taxes… assumes zero R&D. … Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Tortoise and Hare: This 5% Dividend Will Beat NVIDIA in 2024 By: Contrarian Outlook July 26, 2023 at 05:00 AM EDT I’m sure you probably know this—but it is usually a really bad idea to pay 43-times sales for a stock. Note that I did not say earnings . I said sales . Revenues. The ol’ top line . Before everything. Scott McNealy, the co-founder of Sun Microsystems, famously told investors it was insane to pay 10-times sales for Sun’s stock. Ten! At 10 times revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. That assumes I can get that by my shareholders. That assumes I have zero cost of goods… that assumes I have zero expenses… that assumes I pay no taxes… assumes zero R&D. … Read more Read More >>