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Relative Outperformance: Low Quality Stocks
at 2006-03-22 12:07:06
Yesterday, I briefly made mention of the relative outperformance of dreck. Let's delve deeper into that this morning. This year, stocks of companies with the strongest balance sheets have markedly lagged shares of firms with the weakest financials. In fact, the YTD performance numbers have not even been close. According...
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