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The other reasons we overweight ITV are: reasonable valuation, balance sheet opportunity, our preference for cyclicals, optionality on M&A, and optionality on retransmission fees.
This is part of the reason why the euro overshot to the downside its reasonable valuation against the dollar.
"Google has a reasonable valuation if you assume its fellow Internet stocks, like Yahoo, are reasonably priced.
"We think we're buying a good company with pretty reasonable valuation," he said.
Andrew T. Burns, senior vice president at PaineWebber in San Francisco, said: "It's a reasonable valuation.
Afren is our preferred name for net asset value growth potential at a reasonable valuation.
"We emphasize companies with non-Detroit Three business, strong balance sheets, geographic diversification, reasonable valuation, and healthy dividend yields".
Numis repeated its sell recommendation, saying: This is considered to be a "fair and reasonable" valuation by Man's financial advisor.
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He suggests that Microsoft could raise its Yahoo bid to $34 per share, which he calls a "reasonable, valuation-supported base case".
Two companies that are very strong and have very reasonable valuations are I.B.M. and Computer Sciences.
"Now, it has returned to a business with more reasonable valuations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com