Airportis believe it is a good deal, and would take advantage of the offer,
so you can put 10% of your paycheck, however a 50% discount is a very good offer.
if the stock stays flat that is a 50% return. just after six months.
GPI 40.47
div .56 yield 1.40%
trades at just under 12PE
should make 3.80 this year, and 4.20 next year.
I have not looked at the company to close, and rising interest rates would slow down the story, they are trying to buy up car dealerships.
one negative for me is that they are trading just above the 52 week low of 39.14.
would watch the stock, also if you are there for a longer period of time, probably cut back on the plan or sell the stock after six months, and buy others. basically after five years just do not own a large amount of one stock.......that is called misery...in most cases.
by the way you should find out the costs, I mean what do they charge to sell the stock, or do you do that. in most cases these costs are very resonable but better to ask before you sign up.
thanks
selkirk
