There’s an old saying that every seasoned investing pro knows by heart: “Profit is an opinion, but cash is a fact.” Many investors spend their time obsessing over Net Income or Earnings Per Share, ...
If I had to pick a single Quadrix variable on which to base an investment strategy, I’d go with the price/free cash flow ratio. Here’s why, asserts Richard Moroney, editor of Dow Theory Forecasts. It ...