Warren Buffett is well known as the most successful investor of all time. Buffett spent his formative years under the tutelage of Benjamin Graham, who is known today as the “father of value investing.”
Graham had seven criteria when considering a stock for purchase. Let’s review them and see whether or not Aphria Inc. (TSX:APH) passes the test.
Criteria #1: Highly rated
As of Aphria’s most recent quarterly filing, it had cash balances of $122 million versus debt of only $9 million.