Ben Graham focused on buying as many statistically cheap stocks he could find. Buffett after many years of less than perfect results from investing in cheap ideas/cigar butts with textile mills, department stores and windmill companies his approached was modified. His modified approach was to focus on good companies at cheap prices such as Coca-Cola. The approach of buying good companies for cheap prices is exactly the focus of Joel Greenblatt. He took the best from both investors and with his ability to forecast normalized earnings several years out this approach has been unmatched for many years running the hedge fund Gotham Capital.
For this week’s direct positive insider activity I selected only stocks that would be potentially acceptable for further research to Ben Graham, Buffett and Joel Greenblatt.
ImmuCell Corp (ICCC)
Hurco Companies Inc (HURC)
Advocat Inc (ACVA)
Ramtron International (RMTR)
Nutraceutical International (NUTR)
Additional data on the above:
All ideas last week with positive insider activity (not necessarily acceptable to Graham, Buffett or Greenblatt)
Sorted by amount of last week’s insider purchases/EV