“Organic growth is absolutely the most valued prize,” Jim Russell, senior equity strategist at U.S. Bank Wealth Management, said in the article. “That may not be viable in the slow growth economy with so much uncertainty coming out of Washington.”
Ed Yardeni, president of investment advisory firm Yardeni Research, points out that companies are the only net buyers of U.S.-listed stocks this year.
“Who has been buying shares?” Yardeni asked in the article. “It has been corporations buying back their shares directly.”
PowerShares Buyback Achievers Portfolio
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Max Chen contributed to this article.