Below are the screen results of stocks that have a book value per
share that is more than its price per share. Like last time, I just want
stocks selling at HALF their book value. Also, I wanted only those
stocks that are showing an increase in interest from the institutions
(i.e. they are gobbling up the shares), along with the volume to support
it.
This time around the screen results are four less than before, and
heavily tilted towards insurance companies (in a big way!), REITs, and
other financial companies and banks. So, do we now see a sector rotation
back into the financials here in the near future? No way of knowing for
sure, but this is where your most undervalued stocks are hanging out
at.
I'll submit a post tomorrow with a few nice short-setups with charts – that'll make me "Fair & Balanced"
Originally Posted By Ryan Mallory on his blog at SharePlanner.com