David R. Fried is editor and publisher of The Buyback Letter, the only investment newsletter devoted to finding opportunities among companies that repurchase their own stock. Its "Indexed Portfolios" have beaten the S&P 500 index since their introduction in March 1997 by a three-to-one margin through the end of 2001. Additionally, The Buyback Letter was ranked number one for risk adjusted returns among stock picking newsletters by The Hulbert Financial Digest from 1/97-12/01. His asset management firm makes separate investor advisory and money management services, which utilize the "Buyback Strategy" principles. He has been a guest on Bloomberg Television, CNBC's Money Club, Squawk Box, and Market Wrap and has been profiled in the The New York Times, Los Angeles Times, USA Today, Barron's, Forbes, Business Week, Bottom Line Personal, and other publications.
Headquartered in San Ramon, California, The Cooper Companies, Inc. (COO) is a global medical device company; it it has more than 12,000 products sold in over 100 countries, notes David Fried, editor of The Buyback Letter.
David Fried maintains a model portfolio that is updated monthly for his The Buyback Letter; the portfolio is up 393% since inception in 2000 vs. a gain of 192% for the S&P 500 over the same time. Here's the latest addition.
O’Reilly Automotive (ORLY) is a leading retailer in the automotive aftermarket industry, based in Springfield, Michigan, notes David Fried, editor of The Buyback Letter.
We last bought Discovery (DISCA) in September and sold in October, and the stock has risen to the top of our filters again, recalls David Fried, a specialist in stock repurchase programs and editor of The Buyback Letter.