Highest rated using Shareholder Yield Investor model, ALE is a mid-cap value stock

From Nasdaq.: 2024-07-04 17:00:00

Validea’s guru fundamental report for ALLETE INC (ALE) reveals that the stock rates highest using the Shareholder Yield Investor model. The strategy focuses on companies returning cash to shareholders through dividends, buybacks, and debt paydown. ALE is a mid-cap value stock in the Electric Utilities industry, with a rating of 70% based on its fundamentals and valuation. The stock meets some criteria of the strategy, such as quality and debt, valuation, and relative strength, but fails in terms of net payout yield and shareholder yield. Meb Faber, the founder of Cambria Investments, has conducted research covering various investment topics, including shareholder yield strategies. Validea is an investment research service that follows the strategies of investment legends like Warren Buffett and Benjamin Graham.



Read more at Nasdaq.: Guru Fundamental Report for ALE