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Buybacks Have More Than U.S. Popular Opinion Against Them: Graphic

TedTed
in Fund Discussions
FYI: Proposals to limit or bar U.S. stock repurchases may amount to kicking businesses when they’re down. Comparing the Nasdaq Buyback Achievers Index, whose companies repurchased at least 5 percent of their shares in the past 12 months, with the S&P 500 Index shows as much. The ratio between the indicators has dropped as much as 14 percent from a record set in April 2015, according to data compiled by Bloomberg. Along the way, an Invesco exchange-traded fund that tracks the buyback index has risen at a 6 percent annual rate, four percentage points behind the SPDR S&P 500 ETF’s pace.
Regards,
Ted
http://ritholtz.com/2018/09/buybacks-have-more-than-u-s-popular-opinion-against-them/

Comments

  • slick
    I sold my PKW end of 2016, having made some good profits, saw it starting to lag , and figured i was better off putting the money into VOO, which I have been increasing over the last two years.
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