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Is Return on Equity (ROE) the best metric for making investment decisions? Does return on equity have shortcomings? Can we use the metric without reservations? They’re the questions I address today.
FreightCar America is being lifted by the same tide as we see at Greenbrier and Trinity. Read more to see why I'm bullish on RAIL stock.
Last week I wrote about the ‘cheapest’ stocks on the ASX.So today, I thought I’d cover the most expensive ASX stocks.
If a company has a long history of high ROE, we can certainly infer some kind of sustained business advantage allowing the company to generate consistently high returns. But, on this alone, can we conclude that the business will continue to generate high ROE?
And as company after company lines up to release its accounts, investors are confronted with the perennial question — profit or cash?