Simplicity is the ultimate sophistication in the stock market. The more simple and straightforward the rationale for buying a stock, the better the chances of achieving satisfactory returns from such position. At the end of the day, successful investing is all about answering two main questions: what to buy and when to buy it.
This article is introducing a quantitative system aimed at investing in relatively undervalued stocks that are also benefiting from rising sentiment among Wall Street analysts. In other words, the system looks for cheap companies, and it’s also looking to buy them