Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

Come For The Real Estate, Stay For The Meal: Minimum 20% Upside For Ruby Tuesday

When looking for a company to buy, I try to find some of the following characteristics:

  1. A stock that has fallen out of favor with investors
  2. A stock that has a major catalyst on the horizon
  3. A company that has signaled that they are close to a bottom in their business
  4. A compelling valuation
  5. A stock that is supported by assets that create a "floor" on the stock
  6. Insider buying

It's hard to find all six of these characteristics in one stock, but in Ruby Tuesday (NYSE:RT) you get all of them. This company, due to years of underperformance, has fallen out of favor with investors. My favorite catalyst, a management change, has recently taken place. The company...

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