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Select companies with improving growth expectations

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Significant factor changes this month; removing interest coverage, book yield, and mean reversion. Select companies based on higher free cash flow yield, shareholder yield, growth expectations and earnings revisions. Favored stocks include: Bank of America, Cisco, Boeing, Starbucks, Booking Holdings, Caterpillar, Celgene.

Ned Davis Research | Stock Selection | U.S. Portfolio Strategy | Monthly

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