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.
The Investment Reporter •2014-09-11 •
One of our U.S. Key stocks is Itron, Inc. (NASDAQ—ITRI). While it remains profitable, we’re disappointed with its mediocre performance.
In 2014, Itron is expected to earn $1.65 a share. That’s Read More
The Investment Reporter •2014-08-12 •
Founded in 1985, Contrans Group (TSX-CSS) has grown by acquiring specialized transportation companies. It owns independently-operated trucking companies in van, flatbed, waste, tank, dump and logistics, and provides these transportation Read More
The Investment Reporter •2014-01-03 •
The Investment Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
The U.S. is doing better. So we’ve shifted our focus from U.S. companies that earn most of their Read More
The Investment Reporter •2013-12-05 •
The Investment Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
A few years ago, those struggling for social justice used to say “Think globally, act locally.” Investors struggling Read More
