CHART OF THE DAY: The Correlation Between R&D Spending And Stock Prices

The decision to spend on research & development can be a tough one for corporate finance managers as they make budgeting decisions. However, you have to spend money to make money. And that's the conclusion of Goldman Sachs' Robert Boroujerdi and his team. In a new report titled, "The Search for Creative Destruction," the Goldman analysts examine the connection between R&D spending, revenue growth, and stock price returns. "We review Technology, Internet and Biotech names currently in the NASDAQ ...