Buybacks Are a Secret Weapon For These Great Companies
One of the best ways for companies to return cash to shareholders is by buying back stock. And buybacks can be especially effective if a stock is trading for a low price-to-earnings multiple.
In this video, Travis Hoium highlights four stocks that are relatively cheap and management is aggressively buying back shares.
*Stock prices used were end-of-day prices of Sept. 24, 2023. The video was published on Sept. 26, 2023.
Source Fool.com
