The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
NUCOR CORPORATION (NUE) is a large-cap value stock in the Iron & Steel industry. The rating according to our strategy based on Kenneth Fisher changed from 60% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Alfiniti Inc. acquires USA’s sole aluminium welded tube manufacturer, Alabama Tube Corporation
