High Quality Stocks Are Cheap Based On Free Cash Flow
Submitted by DisciplinedInvesting on Tue, 11/23/2010 - 00:31.
The chart in this post shows companies’ free cash flows (excluding financials and utilities) compared to BAA corporate bond yields. The ratio is the highest seen in the last 50 years. It is free cash flow that pays investors and one reason at HORAN Capital Advisors we take a hard look at a companies cash flow statement and dividend practices.
Read the full article: http://disciplinedinvesting.blogspot.com/2010/11/high-qualit...
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Free Cash Flow
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