Today’s Profit Margin Distortions
This article was originally published on ETFTrends.com.
By Smead Capital Management, ValueWalk Dear fellow investors, Late in bull markets there is often a pervasive excitement that arises. At that time, not all profit margins are created equal. Financial euphoria can cause distortions in industries and businesses. These distortions are due to the capital markets activities at play and investor willingness at the [...]