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Leverage and Growth Prospects in 1960s Vending and Stocks
A 1960 General Features Corp column discusses leverage in corporate earnings, showing how fixed costs from bonds and preferreds can amplify per share gains as income rises. It notes Baldwins-Lima-Hamilton’s lackluster growth and suggests switching to AMP Inc for stronger long term prospects.
MENTIONED IN THIS ARTICLE
G.des
New York Stock Exchange
General Telephone & Electronics
American Cyanamid
ABC Vending
Baldwin-Lima-Hamilton
G. P
AMP, Inc
General Features Corp