Friday, October 14, 2011

An ETF Benjamin Graham Could Love: Trim Tabs Float Shrink (TTFS)

From Global Macro Monitor:

Our good friend and Wall Street legend, Charles Biderman of TrimTabs, has launched a very interesting ETF,  Trim Tabs Float Shrink ( ticker: TTFS), which  screens its stocks based on their declining float (shares available to be freely traded) financed by free cash flow rather than debt.
  The three main screening characteristics the ETF uses in picking a stock are:  1) float shrink;  2) relative performance of free cash flow; and 3) a strong balance sheet measured by the leverage ratio.

Since its launch on October 5th, the Trim Tabs Float Shrink (TTFS) has outperformed the S&P500 (see chart below)....MORE