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 six companies that are trading at less than half its book value.
CDC Corp (CHINA) has finally broken its one year downtrend, and is holding up very well against the market sell-off today., It's a high-risk play, but the pay-off could be huge. CNO Financial Group (CNO) continues to trade near perfectly to its down trend dating back to August of last year, and is now testing that trendline once again.
Here are 8 Stocks Trading at a Huge Discount.
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida with a wife of seven years as well as one lively son. More >>
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Comments
TNP has recently become a street favorite in the tanker shipping sector. Tanker shipping has not recovered from the financial crisis because of over-supply of vessels and subdued ton-mile demand. In addition most of the shippers have very high debt to equity ratios. The entire sector is a value trap. My recommendation is short CPLP before the ex-dividend date for very good returns.
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