GS: Buybacks Are Falling Out Of Favor, Buy Dividends
According to Goldman Sachs’s US Weekly Kickstart research booklet, investors are beginning to reverse the long-term trend of rewarding firms spending cash to repurchase shares, as corporate debt levels soar and equity valuations trade close to all-time highs.
Q1 Buybacks Break Post-Recession Records
This conclusion is based on the performance of Goldman Sachs’ ‘buyback basket’ of stocks, which has returned 5% year-to-date compared to 7% for the S&P 500.
Buybacks are underperforming
The performance . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.
|
