To be honest, I just stopped caring about putting words along with these price ranges and submitting it to SA. It’s just not worth it to me. I mean, I don’t own them, what’s the point, right? When there is no point, I don’t put in much additional effort.
those can be found here and here
http://seekingalpha.com/article/246999-pricing-the-dow-jones-industrial-average-part-1
http://seekingalpha.com/article/247512-pricing-the-dow-jones-industrials-part-2
MRK – $35-$40
MSFT – $28-$35
PFE – Terrible with acquisitions, building an empire instead of shareholder value. $15-$20
PG – $60-$70
T – $25-$35
TRV – $50-$60
UTX – $75-$85
VZ – $35-$40
WMT – $55-$65
XOM – $80-$95
Sad part is that after doing this analysis I felt really generous. I didn’t take into account the systemic risk of peak oil, high inflation, or an event that is otherwise unpredictable. Maybe I was sad because I look at companies at 1/5th the price of these for earnings growing 5x as fast? I dunno. Glad I got to recalibrate my mental framework though.
Disclosure: I don’t own anything mentioned, except lots of products that these companies make. It’s impossible not to.