Great ariticle, would you like to share it?
[Pull Time]Follow Akre Capital Management in Selecting High ROIC Stocks
@TigerPicks：
Akre Capital Management LLC ranked #4 out of 483 Hedge Fund Managers. By Tiger Picks The top 5 holdings of Akre Capital Management Llcs are $MasterCard(MA)$ , $Moody's(MCO)$ , $American Tower(AMT)$ , $Visa(V)$ , $O'Reilly(ORLY)$ . From TipRanks According to their creteria for superior business, you can see that ROIC tops the 10 lists. 1. ROIC Definition Return on invested capital (ROIC) is a calculation used to determine how well a company allocates its capital to profitable projects or investments. ROIC Formula from wallstreetmojo.com Seen another way, ROIC is the amount of money a company makes that is above the average cost it pays for its debt and equity capital. An ROIC higher than the cost of capital means a company is healthy and growing, while an ROIC lower than the cost of capital suggests an unsustainable business model. 2.10 lists based on two criteria connects to ROIC and Fwd P/E ROIC 25%+ Fwd P/E below 20 10 lists based on two criteria connects to ROIC and Fwd P/E Stock ROIC Fwd PE Market Cap Current Price YTD 2023 1 $AbbVie(ABBV)$ 27% 12x $243.715B $138.04 -14.58% 2 $Applied Materials(AMAT)$ 43% 19x $119.767B $143.17 47.02% 3 $Home Depot(HD)$ 45% 18x $287.89B $287.87 -8.86% 4 $Hershey(HSY)$ 26% 19x $38.572B $188.62 -18.55% 5 $Lockheed Martin(LMT)$ 29% 17x $109.774B $442.46 -9.05% 6 $Medifast(MED)$ 102% 8x $706.276M $63.34 -43.79% 7 $Qualcomm(QCOM)$ 46% 12x $133.671B $120.1 9.24% 8 $Ulta Salon Cosmetics & Fragrance(ULTA)$ 42% 15x $19.143B $388.85 -17.1% 9 $United Parcel Service Inc(UPS)$ 29% 15x $119.227B $139.95 -19.49% 10 $Williams-Sonoma(WSM)$ 48% 10x $9.463B $147.52 28.37% 3. Questions for Tigers Which stock you would like to spend more time to know its potential? Do you own any of the above stocks?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet