One of the best ways for companies to return cash to shareholders is by buying back stock. And buybacks can be especially effective if a stock is trading for a low price-to-earnings multiple.
In this video, Travis Hoium highlights four stocks that are relatively cheap and management is aggressively buying back shares.
*Stock prices used were end-of-day prices of Sept. 24, 2023. The video was published on Sept. 26, 2023.
10 stocks we like better than Valvoline Inc.
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Travis Hoium has positions in MGM Resorts International. The Motley Fool recommends RH. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
