This Round's Pick: UEPS

As you know, in keeping with the LBTBTM strategy, roughly every two weeks I pick up another stock, with the intention of holding for approximately a year. This time around, it's Net 1 Ueps Technologies Inc., which makes smart-card technologies.

Their market cap is about $1.2B, and the MFI screener calculates their pre-tax earnings yield at 8%, and their pre-tax return on capital at over 100%.

My current holdings are posted here, You can also track my holdings through Covestor.


P.S. -- Don't forget the fine print.