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Return On Equity (ROE): Find Explosive Momentum Stocks With This Financial Ratio
Green Mountain Coffee Roasters produced a return of over 113% this year alone. When powerful momentum stocks are charging upwards, it can be difficult to know when to get on board.
But it’s not as difficult as you would believe.
If you want the inside track on the best momentum stocks with ultra-explosive gains, throw on your “x-ray glasses” and focus on one of the most useful financial ratios around.
It’s called return on equity (ROE), but in many ways it tells us so much more.
ROE is one of the best measures of a corporation’s profitability. It shows you how much profit the…
4Jun2009 | Investment U | 0 comments | ContinuedMomentum Stock: Manulife Financial (MFC)
Manufacturers Life was incorporated on June 23, 1887 in Canada. The Company is a provider of financial protection and wealth management products and services, including individual life insurance, group life and health insurance, long-term care insurance, pension products, annuities and mutual funds. These services are provided to individual and group customers in the United States, Canada and Asia. The Company also provides investment management services with respect to the Company’s general fund assets, segregated fund assets, mutual funds, and to institutional customers. The Company also offers reinsurance services, specializing in life retrocession and property and casualty reinsurance. (Source: Bigcharts)
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