Yes, follow! : Companies with consistent share buy-backs
Follow. but no need to "fast follow"; it will likely still pull-back when overall market is down, so buy on pull-backs (which may however not be much cheaper, as i notice, in Sg at least, that such stocks are more stable even when market is bad...unless knee-jerk reaction to really bad general market news or perhaps black-out period prior to results announcements when they cannot buy/support price).
I think such stocks are good because by right, if the company itself thinks it good to buy their own shares, the stock fundamentals should be decent, at least.
And even better if on top of company buy-backs, they also report substantial shareholders purchase and/or directors purchase!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment