On the edge of the Death Zone
As stock markets fall, I’m slowly working through a list of companies that may recover strongly, companies that:
Were profitable over the last five years, both in terms of cash profit (cash flow per share) and accounting profit (earnings per share), and…
…Have long-term price earnings ratios (price to average earnings over at least five years) below [...]
Sorting terminal stocks from turnarounds
How can you tell the difference between a company getting into trouble, and one getting out of it? It’s an important question for investors who try to buy shares on the cheap, when the price is low relative to the value of the company’s assets or earning power.
Typically, these companies are financially distressed. Profitability may [...]
