Relative valuation—using simple metrics to compare a firm’s value to its peers—is a cornerstone of financial decision-making. If a company earns $2 billion in profit, and if similar firms trade at 15 ...
So many people I speak to seem to believe there are some magic numbers out there that equate to stock picking success. Two things in particular that I hear over and over again when I’m helping people ...
General Mills shares have underperformed the S&P 500 since the publication of my prior piece. The company recently cut guidance as it intends to increase investments in the near term in hopes of ...