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November Magic Formula Newsletter Released

November 10, 2012
GuruFocus

GuruFocus

347 followers
This month's Magic Formula pick has been growing sales at almost 10% per year for the past few years, more than three times the growth rate of its larger peers. Despite this faster growth, and the fact it is one of the most profitable companies in its industry, the company trades for about half the multiple it's bigger peers do.

Fortunately, management is taking steps to correct this issue. The company has been applying most of its free cash flow to repurchasing shares and returning cash to shareholders through large special dividends, and management seems content to keep doing so. As long as they keep growing the business and returning cash to shareholders like this, shareholders at today's prices should do very, very well over the next year.

Download this month’s Microcap Magic Formula Newsletter.

GuruFocus publishes three monthly newsletters. These newsletters are the included features for Premium Members.

1. Ben Graham: Net-Net Newsletter focuses on net-net stocks that Ben Graham would buy. It is released on the first Friday of each month.

2. Micro-Cap Magic Formula Newsletter picks companies that have high return on capital and high earnings yield. It is released on the second Friday of each month.

3. Buffett-Munger Best Bargains Newsletter recommends companies that have high business quality, but traded at undervalued prices. A younger Buffett would buy this kind of companies. It is published on the third Friday of each month.

Also don’t miss:

November Ben Graham Net-Net Newsletter

The pick for November has a market cap closing in on $1 billion dollars, with sales in excess of $2 billion dollars. The company's profits are consistent. The company plays a vital role in the electronics manufacturing industry.

All the monthly newsletters are included in GuruFocus Premium Membership. If you are not a Premium Member, we invite you for a 7-day Free Trial.


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