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In Jim Cramer's latest book, Mad Money: Watch TV, Get Rich, he mentions that a good metric for purchasing stocks is to find companies that have been buying back as many of their shares as they can.
This indicates the companies believe their own stock is cheap, and that they can increase their earnings per share substantially by reducing the supply of shares on the market.
We have set up a portfolio of my top 10 buybacks stocks called Mad Money Buybacks, which tracks companies that have not only announced significant buybacks in the future, but have also bought back significant shares over the past year. ...
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