In the current environment of ever-rising stock prices and stagnant profits, the authors of today’s article declare that, while value investing isn’t dead (as some have suggested), it has gotten more difficult: “To find value, investors need to look beyond the widely available and misleading accounting results on which most people focus. It’s time to get back to…focusing on…the true drivers of valuation.” One of these true drivers of valuation, according to the authors, is return on invested capital (ROIC) – and they proceed to highlight five stocks that appear to be undervalued based on their high ROIC. To read more, CLICK HERE.