10 Stocks Trading at a Huge Discount

To Subject Sent Size Categories
adam@shareplanner.com FW: {Disarmed} joseph pusateri canceled automatic payments to you Sun 9:08 PM 24 KB
adam@shareplanner.com FW: {Disarmed} You received a payment Sun 9:07 PM 27 KB
adam@shareplanner.com FW: {Disarmed} You received a payment Sun 9:06 PM 27 KB
adam@shareplanner.com FW: Option service Sun 9:06 PM 7 KB
adam@shareplanner.com FW: {Disarmed} Payment Skipped Sun 9:05 PM 21 KB
'adam@shareplanner.com' FW: {Disarmed} You have a new automatic payment profile for L Craig Hilton Thu 6/16 25 KB
adam@shareplanner.com FW: Cancel Options Trial Sun 10:22 PM 7 KB

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 10 companies that are trading at less than three-quarters its book value.

Back on 5/16 when I last ran this screen, I told you that I believe that Zale Corporation (ZLC), could see a big move if it can break its 50-day MA. It did so and went from $3.63 all the way up to its peak at $6.81 for what would have been a optimal profit opportunity of 87%. Right now it sits 49% higher from where I recommended it. 

This time around, I would urge you to pay particular attention to Winn-Dixie Stores (WINN) which seems to be gaining some traction of late after consolidating for about 8 months at its lows. It is also, what I consider, a strong buyout candidates for a larger chain store that would look for quick way to expand its existing chain stores (i.e. like Wal-Mart (WMT) and its Neighborhood Produce Stores). 

Here are 10 Stocks Trading at a Huge Discount.

Read more...

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Consumer DiscretionaryConsumer StaplesFood RetailHypermarkets & Super CentersSpecialty Stores
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!