The S&P's 13.8% H1 gain was walloped by a strategy of buying the cheapest stocks based on...

|By:, SA News Editor

The S&P's 13.8% H1 gain was walloped by a strategy of buying the cheapest stocks based on P-E (+29.6%) or buying those spending the most to buy back shares (+29.1%). How about those companies with low P-Es also buying back stock? A landmark study from 2 decades ago found the strategy to be a winner. Three S&P companies passing the screen today are Kohl's (KSS), Western Union (WU), and Pfizer (PFE).