25 shares @ $47.52 on 12-24-2013
This will increase my 12-month forward dividend by $54.72 to a total of $1093.52
I updated my Portfolio to reflect the changes.
Based on this 15 year graph of BP it looks to be very much under value.
Here we have a 4 year graph and it shows also that it is undervalue.
In this graph you can see that BP is about to hit a resistant point. at around $48. However, I believe that it will eventual break this resistant level in the near future and start heading to $60 which will be the new resistant level.
Morningstar (3 stars out of 5) Fair value of $48.00
Yahoo Finance Target of $49.44
Marketwatch Target of $49.91
What do you think of BP?
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