A study of analyst recommendations at the major brokerages shows that Visteon Corp (Symbol: VC) is the #62 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
According to the ETF Finder at ETF Channel, VC makes up 4.76% of the SPDR Kensho Smart Mobility ETF ( XKST ) which is trading lower by about 0.2% on the day Friday.
VC operates in the Auto Parts sector, among companies like Honeywell International Inc ( HON ) which is up about 0.8% today, and Magna International Inc ( MGA ) trading lower by about 0.7%. Below is a three month price history chart comparing the stock performance of VC, versus HON and MGA.
VC is currently trading off about 1.1% midday Friday.
Top Analyst Picks With Strong Stock Buyback Activity »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
