November Magic Formula Newsletter Released
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.
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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.
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