FIRST TR IPOX 100 INDEX FD (AMEX:FPX)
CAPS Rating:
Exchange traded index fund
Exchange traded index fund
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Recs
Mr. Market has over reacted on this stock. The PE has dropped too much considering a strong ROE. People will always need decent beds and as soon as the economy recovers they'll have to buy this basic American necessity.
I suggest you check your ticker on this one....your pitch doesn't align with an IPO index.... ;)
Better get more rest!!! ;)
Good luck.