ROIC: Wall Street’s Road Kill
Dec 15th, 2005 | By James Boric | Category: Investing Strategies, Macroeconomics, Penny stocks
James Boric discusses how to separate the squirrels of the small-cap market from the roadkill: look for companies with a high Return on Invested Capital, or ROIC.
For 26 years, the symbol for Ralph Wanger’s small-cap Acorn Fund -- which averaged 17% from 1970 to 1996 -- was a squirrel. Not ...read more
