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Stock impact report

DUSA: Solid Earnings Yield Does Not Guarantee Strong Performance [Seeking Alpha]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Seeking Alpha
It has placed the lion's share of its bets on financials, which is one of the key reasons for its earnings yield being so alluring. After reassessing DUSA's factor exposures, I see no reason for a rating upgrade as its relatively strong EY of about 8% is insufficient to succeed in the current environment. It has been almost 3 months since I covered the Davis Select U.S. Equity ETF ( BATS: DUSA ), so I believe an update is necessary. The previous time I flagged a few issues on the valuation, growth, and performance fronts, opting for a Hold rating. Today, I would like to reassess its factor exposure to decide whether this vehicle has become worth buying into. What is DUSA? In short, as described in its most recent factsheet , it is: an actively- managed portfolio of large-cap businesses, selected using the time-tested Davis Investment Discipline. The Fund's investment objective is long-term capital growth and capital preservation. As of October 2, DUSA had 27 stocks in its p Show less Read more
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