In all due respect, buyback yields have been shown to provide higher rates of return. Read my prior article and the link to the primarry study. Yes, its very likely that the company bought at higher prices, but regardless that will reduce shares and increase earnings. BA will likely continue buying at these lower levels and therefore the dip is even more beneficial to long term holders. The fallacy is the investor that ignores part of an equation.
Its unreal that Boing now has a yield of 12%. Have you done any work on adjusting the stocks on a monthly basis versus yearly? It seems ideal to drop IBM and add BA at this point.
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