![]() ![]() However, that may not necessarily be the case with stocks trading at both a low stock price, as well as a relatively-low earnings multiple.Īlready trading at discounted prices, additional market volatility may have a less severe impact compared to pricier stocks. Yes, riskier plays such as speculative growth stocks have been hammered over the past twelve months, and could continue to drop in price. ![]() Still, that doesn’t mean you should skip out on some plays perceived to be risky, such as the best cheap stocks under $10 per share. Factors such as inflation, interest rates, and the economic slowdown point to more uncertainty ahead for the markets. This was a challenging year for investors, and challenges are likely to continue into 2023. My firm owns SSR Mining for a couple of clients.Finding the best cheap stocks under $10 in these market conditions can be worth your while. Seven Wall Street analysts follow the stock, and six rate it a “buy.”ĭisclosure: I own Turtle Beach personally and in a hedge fund I run. But revenue and earnings have been strong lately.ġ (FLWS) delivers flowers or food baskets to pretty much anywhere in the country. Earnings have been spotty – nine profits and six losses in the past 15 years. I like its low debt level (only 13% of stockholders’ equity). SSR Mining (SSRM) mines for gold and silver in the U.S., Canada and Argentina. Since an economic slowdown seems likely and a recession possible, this stock is a long-term, not short-term, play. ![]() In the past decade, its revenue has grown at a 7% annual pace, and earnings at 15%. RUSHA, based in New Braunfels, Texas, is the largest truck dealer in North America. It has increased its sales at better than a 16% annual clip for the past decade, and profits have grown faster than sales. Among its customers are the defense, semiconductor and pharmaceutical industries. MKS Instruments (MKSI) makes instruments and controls used in a variety of industries. (For example, my firm bought its professional liability insurance from Markel.) It invests some of its capital in non-insurance businesses such as homebuilding and bakery equipment making. MKLis a property and casualty insurer that emphasizes specialty policies. ![]() I think the stock may be timely, given the fact that employers say they are having trouble and recruiting enough employees. Its return on invested capital has been above 10% only sporadically. Korn Ferry KFY is one of the largest U.S. Only six analysts follow it five rate it a “buy.” It has been profitable in 13 of the past 15 years, and had a 16% return on invested capital last year. Heritage-Crystal Clean (HCCI) offers parts cleaning, used-oil recycling, and waste-disposal services to small and medium-sized businesses. With a market value of $36 billion, Devon is the largest company in the Perfect 10 Portfolio this year. Now it is reaping the rewards of high oil and gas prices. The energy industry cut back its well count a lot in the bad times. Cavco’s return on invested capital has been above 10% (my preferred zone) six years in a row, and growth has accelerated lately.ĭVNexplores for and produces natural gas and oil. Given that there is pent-up demand for houses, and that the average new home is too pricey for many potential buyers, I think this stock is timely. But BOK has many strengths and I like it at $76 a share, down from $106 late last year.Ĭavco Industries (CVCO) produces factory-build homes. Banks want long-term rates to be high and short-term rates to be low. The Fed is raising short-term interest rates. BOKFis a banking company built around the Bank of Oklahoma. ![]()
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