Term of the Day
market maker
A brokerage or bank that maintains a firm bid and ask price in a given security by standing ready, willing, and able to buy or sell at publicly quoted prices (called making a marke ... Read more
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Tip of the Day
Caution on Calculating Ratios around Free Cash Flows
by Tom MurckoToo much attention is placed on price/earnings ratio, largely because it's so easy to calculate. A better measure is enterprise value divided by free cash flow. But be careful with ...Read more