10 Cheap Stocks for Volatile Markets

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

There's no simpler way to search for bargains than using price-to-earnings ratios. Barron's lists some cheap stocks when there's volatility:

Value investing is making a comeback and could continue to best growth strategies if markets remain rocky. That’s because low valuations can offer investors a margin of safety.

That could dampen Nucor’s earnings, but the company should remain highly profitable. Management thinks the stock is cheap as the company bought back stock equivalent to more than 10% of its current market value in 2021. The shares yield over 2%. The company, with a current market value of $60 billion, could have more than $20 billion of net cash and investments on its balance sheet at the end of 2022, meaning investors are paying little for its powerful messenger RNA franchise. Moderna could become a takeover candidate if the stock continues to languish.

The company has ramped up its stock buybacks lately, highlighting the industry’s financial strength. Investors can buy the company’s supervoting class B stock at around $80, a 15% discount to the more liquid A shares. Barron’s has written that the B shares are the best way to play Lennar. APA, an exploration and production company, has joined others in the industry in committing to return ample cash to shareholders. APA, whose shares trade around $28, plans to give out 60% of its 2022 free cash flow to holders in buybacks and dividends.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Double down' on defense because stocks will plunge another 10%, Morgan Stanley's Mike Wilson warnsMorgan Stanley's Mike Wilson, the market's biggest bear, suggests investors are dangerously downplaying a collision between a tightening Fed and slowing growth. FastMoney More pain ahead FastMoney Well I’m not seeing any growth slowdown…so I’m calling BS. FastMoney And bc of breakdown of FED's printer mc
Source: CNBC - 🏆 12. / 72 Read more »

Long-term investors shouldn't worry too much about stocks being 10% off their highsWhat's unusual is not that we've had a 10% correction, what's unusual is how long it's been between corrections. There is a definition exactly that we had better have some of the long-term stocks as a result of an investment. oco51160571 Load of crap article. Tell that to the investors who already lost half of the money. Reassuring article so that their friends can sell to average investors. Remember the history. In the dotcom burst, investors who are left holding the bags are retail investors, not smart money. What? Stocks 10% off their high You mean a fucking index.. Stocks 40/50/60 % off their highs. And looks like they just warming up 😫😫😭😭
Source: CNBC - 🏆 12. / 72 Read more »