Tri-Continental Corp (NYSE:TY)

CAPS Rating: No stars

A closed-end investment company whose stock is listed on the New York Stock Exchange. J. & W. Seligman & Co. Incorporated manages the affairs of the Corporation and provides necessary personnel and facilities.


Player Avatar LemmingsRcoming (58.23) Submitted: 2/11/2008 3:45:33 PM : Outperform Start Price: $14.00 TY Score: -8.27

My method for rating stocks is pretty simple. Since our definition of “The Market” is the S&P 500 Index, I have done an extensive analysis of these companies. I simply did a multiple regression comparing the per share data like dividend, book value, earnings, etc. compared to share price. Then using this regression, I can come up with what the market says a company’s share price should be, based on these fundamentals. But I don’t stop there. There are plenty of stocks either overpriced or under priced based on their prospects for the future. So I did a percentile rank of each of the rest of the fundamentals, like financial strength, management effectiveness, growth, profitability, etc.. I found that, most of the time, a company with a high percentile rank in these safety factors, was trading for more than the per share data says it should be worth. Conversely, companies with low ranks tend to trade below their calculated value. There are a few rare examples of companies that rank highly in safety factors AND trade below calculated value. These are the stocks I want to own. These are my out-perform picks.

Member Avatar bsharvy (97.80) Submitted: 5/2/2008 6:08:11 AM
Recs: 0

This particular stock is a closed-end fund, so its earnings, sales, and similar numbers don't have a meaning comparable to regular stocks. It's probably a good stock, not because of earnings growth.

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