This buyback craze is getting pretty interesting. It's important to note one reason companies are doing buy backs is well, it makes their stock go up
Of late, corporate insider are really lightening up on stock with a 3:1 insider sell to buy ratio. It's pretty clear, in general, managements are being sloppy about their buyback programs.
Check out Factset's latest buyback report for Q2
If you notice while digging through the report, buybacks are no more prevalent than they were the financial crisis. You wouldn't have a clue just by listening to main street media. Well, at least I didn't.
What do you think could bring put a damper on the buyback craze?? I'll say increased competition and innovation.
No comments:
Post a Comment