Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
First, I finally ordered THE book and can't wait to have it in my li'l hands.

In the meantime, I received a newsletter/teaser-to-buy-more from Michael Murphy (5 High-Tech Stocks Every Investor Must Own) that I got from a mail-out in Kiplinger's.

Anyways, Mr. Murphy had an interesting idea that I wanted to bounce off the experts in here:

His "Growth Flow" strategy looks at tech companies and equals earnings per share plus R&D per share. Specifically, he wants to "own companies that are reinvesting a good chunk of their profits in Research & Development for the future... As a rule of thumb, look for R&D spending equivalent to at least 7% of sales."


Any thoughts on this? It sounds like a good thing to look at. But, where do you find a companies R&D figures? Is that in the Balance Sheet or where?

jle
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.