I spilled spot remover on my dog. Now he’s gone. — Steven Wright
W. W. Grainger (GWW)
Someone asked what data tools do I use. My brain and a Value-Line.
Try to look at the Value-Lines WITHOUT looking at the price of the stock. What would you pay for this entire business–not knowing what it did and the current price of the company? Start with the numbers (excluding the stock price, at first) so to keep your prejudices at bay. Maybe have a friend print out the Vale-Line and cut off the top of the page.
A competitor: Fast VL
Grainger_ Capital Allocation-FINAL Whoa? An announcement of a capital structure change–so a type of special situation. What does this mean?
Ok, about what is this company worth and what type of return could I expect at today’s _____ price?
Not a recommendation! Do your own thinking because then you learn from your mistakes AND successes.
If you don’t know or are not sure; it is just too tough, difficult, or confusing, then you can ALWAYS do this: