Choosing stocks with cute tickers like those has proven to be a profitable strategy over the previous 12 years.
A Pomona College study has found that stocks with easy-to-remember tickers like PZZA or BDAY or KOOL beat the market.
In fact, choosing stocks with cute tickers like those has proven to be a profitable strategy over the previous 12 years, more so than haggling over profit-and-loss statements, studying price to earnings ratios or listening to boring CEO calls. The study, focusing on returns from 2006-18, found that a basket of clever symbols posted a compound annual return of 13.22% from 2006-18, while the broader CRSP market stocks returned just 4.9% annually during the same period.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Study finds 43 percent of Harvard's white students are legacy, athletes, related to donors or staffThe number drops dramatically for black, Latino and Asian American students with less than 16 percent each coming from those categories, the study said.
Read more »
Unsafe water more prevalent in communities of color, study findsNearly 40% of the US population still drinks water from unsafe systems, and communities of color face an increased risk of exposure to unsafe water, study finds.
Read more »
Study: 84% Of Couples Who Walk Around Exploring New Neighborhood Never Make It HomePULLMAN, WA—Warning that those who go on such weekend outings do so at their own peril, a study released Friday by researchers at Washington State University found that more than four in five couples who walk around exploring new neighborhoods never make it back home. “Our evidence suggests that the vast majority of couples who decide to take an afternoon stroll through a part of town they’ve never visited before simply vanish without a trace,” said the report’s author, Monica Briggins, noting that barely 15 percent of couples who decide to check out a cute little area they read about online or a new tapas bar on the other side of the city actually end up returning safe and unharmed to their residences. “Of course, of that 84 percent who wind up being listed in missing persons reports, only about half their bodies are ever located and recovered. We found that the remaining half of couples who wanted to take advantage of the nice weather and finally visit a city’s up-and-coming arts district are simply never seen or heard from again.” The report follows on the heels of a recent study that found that 71 percent of couples who go jogging together become completely lost and must resort to cannibalism.
Read more »
Amazon-recommended security cameras are highly vulnerable to hacking, finds new studyAmazon is putting consumers at risk by listing and recommending cameras with security flaws, according to a report from UK consumer watchdog Which?.
Read more »