Opinions
John Hood
SPDR S&P 500 Buyback ETF
SPYB-N
WEAK BUY
Feb 16, 2016
$42.113
Stock price when the opinion was issued
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An ETF of companies that regularly buy back their stock? There are a few of them, but he finds this kind of thing a little bit niche. SPDR S&P 500 Buyback (SPYB-N) is one. Doesn’t find anything particularly wrong with this and there is some evidence that this works as a strategy.