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"We can't do that till we have sufficient clearing of the streets, " Mayor Pedro Segarra said.
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Recognizing that stocks can remain undervalued for a long time, Segarra also likes to see positive price momentum.
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As a measure of valuation, Segarra uses the operating earnings yield (the inverse of the price-operating earnings ratio).
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Pedro Segarra, mayor of Hartford, capital of Connecticut, called for an assault-weapons ban.
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According to Segarra, Oshkosh has an operating earnings yield of 6% and ranks above 71% of the other companies in the Ford universe of stocks.
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"If this crisis, if this horrific incident does not send a message that some stronger and immediate action needs to happen in our country, I don't know what will, " Mr. Segarra said.
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Segarra didn't return a call seeking comment.
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Richard Segarra, director of research for Ford, says several home builders, including Toll, still pass the quantitative model he uses, but that when the next issue comes out at the end of the month, there's a chance that some of the builders will no longer qualify as buys.
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