Companies often buyback shares when their stock is at the highest point, and they sometimes pass up profitable investments or even go into debt to do the buybacks.
The Mid Cap Growth style ranks ninth out of the twelve fund styles as detailed in our 4Q15 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Growth style ranked eighth. It gets our Dangerous rating.
If you ever pause to think about all the components being used by your car, it can be quite astonishing. Identifying these components, however, could lead you to a great investing opportunity.