Stocks in Focus: Magic Formula Update on The Interpublic Group of Companies, Inc. (NYSE:IPG), NVR, Inc. (NYSE:NVR)
The Interpublic Group of Companies, Inc. (NYSE:IPG) has a current MF Rank of 2099. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.
Investors may be trying to figure out how long the stock market bull run will continue. There are plenty of commentators who think that a downturn is coming soon, but there are plenty who believe that the market still has plenty of room to push higher. Preparing the portfolio for any market scenario can help ease the investor’s mind. Putting in the time to research investments as well as ...