Holding Back On Buyback Big Boys - Forbes.com
Which company is buying which company? With valuations so reasonable a lot of companies are buying shares. In most cases, the companies are buying their own stock. There have been plenty of mergers but companies are flush with cash and if they don't see a good acquisition they are buying back their own shares.
What is an investor to do? Beat the companies to the punch. Buy big American companies. The earnings yield of the average American company is better than 6%. The ten year bond at 4.2% is not even close and the interest is taxable!
Tuesday, April 19, 2005
Holding Back On Buyback Big Boys - Forbes.com
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