Is Travel Centers of America Really a Value Stock? (TA)
TravelCenters of America LLC (NYSE: TA) is already a #1 (Strong Buy) rating by Zacks, but now it is being called the VALUE stock of the day at the same research firm. We wonder because it shows up as having…
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TravelCenters of America LLC (NYSE: TA) is already a #1 (Strong Buy) rating by Zacks, but now it is being called the VALUE stock of the day at the same research firm. We wonder because it shows up as having a negative P/E ratio until you dig further. Triple-digit earnings growth, a forward P/E ratio of about 7, recent earnings above estimates and other positive developments cited. FULL REPORT
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Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
