Here's Why I Think Mackinac Financial (NASDAQ:MFNC) Is An Interesting Stock [Yahoo! Finance News]
Mackinac Financial Corporation (MFNC)
Last mackinac financial corporation earnings: 1/29 09:00 am
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Source: Yahoo! Finance News
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks with a good story, even if those businesses lose money. But as Peter Lynch said in One Up On Wall Street In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Mackinac Financial NASDAQ:MFNC See our latest analysis for Mackinac Financial Mackinac Financial's Earnings Per Share Are Growing. If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share EPS). Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. It certainly is nice to see that Mackinac Financial has managed to grow EPS by 23% per year over three years. As a general rule, we'd say that if a company can keep up I like to see top-line growth as an indication that growth is sustainable, and I look for a high earn
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