7 Buyback Kings to Buy as Corporate Cash Floods the Market
With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks.Share repurchases may have their social and political critics, but from the investor’s standpoint, stock buybacks can be an effective tool for a company to maximize shareholder value. By reducing the amount of shares outstanding, repurchases can provide a lift for earnings per share.As stocks ty ...