Here's one of your more traditional "Buffett-like" stock screens where I am essentially looking for companies selling well below their book value. The stocks below represent 7 companies that are trading at less than three-quarters its book value.
Last time we ran this screen and said to pay close attention to Winn-Dixie Stores (WINN) which has gone from $8.26 to as high as $10.08 and now settling around 9.04 (potential gain of 22%).
This time around, check out First South Bancorp (FSBK) - I am not a huge fan of financials of any kind really, but the play here is definitely worth taking a look at. It has broken its downward trend-line quite nicely, and looks ready to move much higher if it can get its head above 4.65. The tight coiling of price indicates that a move is imminent here.
Here are 7 Stocks Trading at a Huge Discount
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.