Keyword: Marpep Growth Index

This index helps you spot undervalued growth companies. The MGI is a stock’s historical compound rate of growth in earnings over recent years divided by its current p/e ratio. If the resulting number is above 1.0, the company should be thought of as being undervalued. In other words, the company’s recent rate of growth exceeds the current stock price multiple of its earnings. Alternately, if the resulting ratio is under 1.0, the stock is trading at fair market value or is overvalued relative to its expected growth rate.

Bargain stocks: think globally

The Investment Reporter, MPL Communications Inc.
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A few years ago, those struggling for social justice used to say “Think globally, act locally.” Investors struggling   Read More