Article By:
Simon Lack
Sunday, June 4, 2017 6:29 PM EDT
Value-seeking investors should draw comfort from the complete absence of irrational exuberance at this year’s MLPA conference. Today’s MLP investors are for the most part a patient bunch.
Magic Formula Investing (MFI), as described by hedge fund manager Joel Greenblatt in The Little Book that Beats the Market, consists of ranking stocks by earnings yield (cheap) and return on capital (quality).
Chen Lin touts the prospects of a few oil companies that can prosper in the downturn, and explains why cheap oil means high profits for U.S. ethanol producers.
The Chart of the Day belongs to Rex American Resources (NYSE:REX). I found the stock by sorting today's New High List for new high frequency in the last month. Since the Trend Spotter signaled a buy on 5/28 the stock gained 30.19%.
Insider buying increased significantly with insiders buying $88.99 million of stock. Most of this increase was driven by IPO related purchases. With earnings season in full swing other insider purchases remain muted. Selling also increased with insiders selling $549.37 million of stock.
Article By:
Asif Suria
Monday, July 21, 2014 2:40 AM EDT
Welcome to edition 213 of Insider Weekends. Insider buying declined significantly last week with insiders buying $8.35 million of stock compared to $36.57 million in the week prior.