This week’s hit list
The calm before the storm
New annual reports were rare in February, but next month we should witness a tsunami of reporting as companies file for the year ending December 2008.
Last week I found six companies that could be cheap (their prices are less than the average of up to nine years of earnings per share), [...]
The cheapest six stocks in November
Here are the cheapest six stocks in November, as measured by Dr Keith Anderson’s Naked Price Earnings ratio:
As I’ve described many times, this measure boosts the predictive power of the PE by accounting for a company’s long-term profit record, its size, and its business. In other words, companies with low PE ratios do slightly better than companies [...]
Mirror, mirror
Investors are groping around for the market’s bottom. We won’t know if they’re right until it’s a lot higher but that’s not a good reason for turning our backs on companies. In fact, investors should be scrutinising them closely. That’s why I’m working through a list of potential recovery stocks and why, though I sympathise with [...]
The six cheapest stocks in August
Apologies for bringing you August’s list in September. As predicted, holiday and the scramble to meet deadlines either side of it kept me away from the blog.
Here are the cheapest six shares according to Dr Keith Anderson’s Naked PE ratio. As I have explained, his studies show it’s better at picking out undervalued companies than [...]