wikinvest Sr. Director
|last edit 2251||days ago|
Hey, ever heard of ObamaCare?
Of course, I'm talking about the 2010 Affordable Care Act, or ACA.
Some of the key parts of the ACA include mandated health insurance marketplaces, better consumer assistance and protections, and improved matching funds for state-based Medicaid.
The ACA has been debated ad nauseam by Congress and pushed back on by many large businesses.
But I'm more... read more
It was a pretty slow week for the Magic Formula Investing (MFI) screens, with very little movement or new stocks to mention. This is not unusual post-earnings season. Here are the handful of positions that did change:
Entering the 50 over 50 million screen:
American Public Education Inc (APEI)
Interval Leisure Group Inc (IILG)
Dropping out of the 50 over 50 million screen:
Block... read more
The two Magic Formula? gun stocks, Sturm Ruger (RGR) and (former Top Buy) Smith & Wesson (SWHC) have hit the skids as of late. After long, multi-year runs where both RGR and S&W saw their stock prices soar by over 500%, both have come crashing back to earth this summer. Since mid-June, S&W is down 32% and RGR 21% (-33% year to date). Both now trade near a 52-week... read more