![]() Savvy investors can find low-cost investment options that do represent value. This is especially true if the ‘expensive’ stock is in a stable and established company that pays dividends. ![]() A seemingly expensive stock at $100 a share could prove a better option than a $3 stock. But the cheapest stocks do not necessarily mean the best investment. The temptation is to invest heavily in inexpensive stocks in the hope they shoot up in value. But as many people discover to their cost, there is a stark difference between price and value. Heritage-Crystal Clean and Cavco are back for a return engagement this year, still selling for 10 times earnings.Less experienced stock market investors often gravitate towards the cheapest stocks to buy. Rush Enterprises RUSHA and Cavco Industries were also up more than 20%. Heritage-Crystal Clean turned in the best performance, gaining 41%. ![]() My picks a year ago registered a 5.9% profit, but trailed the S&P 500, which returned 16.1%.įlopping badly were (FLWS), down 21%, and SSR Mining (SSRM), down 16%. It has 141 ETFs, including the nation’s largest one, the SPDR S&P 500 ETF Trust SPY, which has attracted more than $371 billion. Headquartered in Boston, State Street (STT) does a lot of back-office work for mutual funds, and is a major issuer of exchange-traded funds (ETFs). It posted losses in six of the seven years from 2015 through 2021, but is back in the black, with a 17% return on stockholders’ equity in the past four quarters. I’ve owned the stock off and on for many years. Patterson-UTI Energy PTEN is a contract oil-and-gas driller based in Houston. The company has shown a profit in 14 of the past 15 years, and profits were strong last year. Tommy Bahama sounds racier, but Tommy Bahama sportswear is in fact the main product at Oxford. I like the company’s balance sheet, with debt only 6% of the company’s net worth. I think its messenger RNA vaccine technology may be applicable to additional diseases. Its vaccine for Covid-19 put this company on the map. Moderna is a biotech company based in Cambridge, Massachusetts. This small-cap stock is up big in the past year, but still seems reasonably priced. It also provides emergency spill clean-up. Recycling it is a business for Heritage-Crystal Clean (HCCI) of Hoffman Estates, Illinois. Restaurants, office buildings and factories generate a lot of waste, including used oil. Today’s 10 multiple looks like a bargain: The median over the past decade was 21. It got its start in the 1950s carrying Whirlpool WHR washing machines, but now carries all kinds of freight. Heartland ExpressĪ trucking company based in Liberty, Iowa, Heartland Express (HTLD) hasn’t had a loss in at least 30 years. Nonetheless, at 0.29 times revenue, I think the stock is now a buy. The stock is priced at half its level five years ago. Foot Locker FLĪ seller of athletic shoes and sportswear, Foot Locker (FL) had a huge “brick and mortar” problem during the pandemic. ![]() ![]() I figure this stock may be timely, given that many people can’t afford a traditional home at today’s mortgage rates. Its brands includes Fleetwood Homes, Cavco Homes and Palm Harbor Homes. Cavco Industriesįactory-built and modular homes are the specialties at Cavco Industries (CVCO). And here’s another “ten.” It has grown its earnings at a 10% clip for the past ten years. It has shown a profit for at least 30 years in a row (as far back as my database goes). Archer-Daniels Midland (ADM), based in Chicago, is one of the largest food processors and commodities traders in the world. ![]()
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