Identifying Wagon’s smoking carburettor
Wagon (WAGN) was the cheapest stock of all last month judging by its Naked PE ratio. You can buy Wagon shares for less than the profit that it makes in an average year. When investors place such a tiny value on a company’s earning power they doubt it will survive on the stock market, so [...]
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 [...]
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