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AYI - Acuity Brands: A Magic Formula Stock And A Fair Business At A Great Price
Acuity Brands Inc.
Earlier this year, I resumed coverage of the Magic Formula. Acuity Brands (AYI) appeared in all the three screens that I performed since early March. Its stable presence points to the fact that the stock remains underappreciated in up and down markets. In this article, I will examine AYI as a potential stock pick. For now, it looks like there is reasonable value in the stock that is attractively priced in the context of this stock market.
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