Many stocks have been beaten down to very low prices due to tax selling, creating bargain basement opportunities, suggests Fred Fuld, editor of stockerblog.
In fact, looking at stocks that are selling below cash is one the way to go to make profits. Here is what it means when a stock sells below cash per share.
First, assuming the company has no debt, you take the amount of cash that the company has in the bank and divide it by the outstanding number of shares. That represents the cash per share.
If a stock is trading for less than that amount, it is a bargain, because if the company went out of business immediately, everything would be liquidated and disbursed on a per share basis.
Even if all the company’s inventory, equipment, and real estate were worth nothing, all that cash would provide the investor with a profit.
Top 10 Low Price Stocks To Watch For 2019: Biotricity (BTCY)
Advisors’ Opinion:
- [By Peter Graham]
For small cap investors, Biotricity Inc (OTCQB: BTCY) is a good example of an up-and-coming Internet of Medical Things stock that is looking to cash in on the coming transformation of health care. The Company is building a remote patient monitoring platform comprised of three key components tailored to a variety of diagnostic and post-diagnostic applications:
- [By Jim Robertson]
Earlier this month, the Apple Watch Series 4 having a heart monitoring function approved by the FDA generated a large amount of attention from the media; but is that heart monitoring function all that its cracked out to be and what does it mean for other heart monitoring makers like small cap Biotricity Inc (OTCQB: BTCY)? Note that the Series 4 includes two new FDA-cleared features: An over-the-counter ECG app that monitors heart rhythms and an “irregular rhythm notification feature” that “analyzes pulse rate data to identify episodes of irregular heart rhythms suggestive of atrial fibrillation (AFib).” However, HealthNewsReview.org has a post (What did journalists overlook about the Apple Watch ‘heart monitor’ feature?) reviewing some of the media coverage and was somewhat critical of all the hype. The post noted:
- [By Peter Graham]
Small cap Internet of Medical Things (IoMT) company Biotricity Inc (OTCQB: BTCY), which is building a remote patient monitoring platform, has just released operational updates for fiscal Q2 2018 (which ended September 30, 2018). To begin with, Bioflux 1.0 (which is a high-precision, single-unit mobile cardiac telemetry or MCT device that provides real-time monitoring and transmission of ambulatory patients’ ECG information) experienced record high sales growth and market expansion during the fiscal Q2 2018 – including a 150% increase in total device sales and a 75% increase in new customers from Q1. Existing customers continued to purchase additional units leading to a 62% increase in repeat customer orders from Q1.
- [By Peter Graham]
Small cap Internet of Medical Things (IoMT) company Biotricity, Inc (OTCBB: BTCY) has just announced that it will be expanding the scope of a previously approved clinical investigation of fetal heart rate variability (fHRV) to include maternal HRV and other key physiologic metrics for maximum predictive accuracy and efficiency. This is potentially a good area to be in due to the fact that high-risk pregnancies require extensive monitoring and care during the gestational period. High-risk pregnancies are also on the rise and now account for 6 – 8% of all pregnancies in the U.S. due in part to a rise in existing maternal health conditions (such as high blood pressure and obesity) and older parental age at the time of pregnancy. This means that the maternal and fetal monitoring market is growing rapidly and is expected to be worth $2.3 Billion by 2019.
- [By Peter Graham]
Up-and-coming small cap Internet of Medical Things (IoMT) company Biotricity, Inc (OTCBB: BTCY) announced this week that it is developing “Biopatch” – an ECG patch building on the Company’s flagship Bioflux product. Biotricity itself is building a remote patient monitoring platform comprised of three key components:
Top 10 Low Price Stocks To Watch For 2019: Beasley Broadcast Group Inc.(BBGI)
Advisors’ Opinion:
- [By Joseph Griffin]
Beasley Broadcast Group (NASDAQ:BBGI) Director Mark S. Fowler sold 5,505 shares of the company’s stock in a transaction dated Friday, May 18th. The stock was sold at an average price of $10.78, for a total value of $59,343.90. Following the sale, the director now owns 34,199 shares of the company’s stock, valued at $368,665.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Top 10 Low Price Stocks To Watch For 2019: Dean Foods Company(DF)
Advisors’ Opinion:
- [By Shane Hupp]
Edgestream Partners L.P. boosted its holdings in shares of Dean Foods Co (NYSE:DF) by 16.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,086 shares of the company’s stock after buying an additional 7,366 shares during the period. Edgestream Partners L.P. owned approximately 0.06% of Dean Foods worth $537,000 as of its most recent SEC filing.
- [By Lisa Levin] Gainers
Integrated Media Technology Limited (NASDAQ: IMTE) rose 30.8 percent to $22.00 in pre-market trading after declining 18.63 percent on Monday.
Nevsun Resources Ltd. (NYSE: NSU) rose 14.5 percent to $3.40 in pre-market trading after Lundin Mining Corporation and Euro Sun Mining Inc. proposed to acquire Nevsun Resources for around C$1.5 billion.
Sharing Economy International Inc. (NASDAQ: SEII) rose 15.2 percent to $4.25 in pre-market trading after the company disclosed that it entered into a license agreement with Ecrent Capital Holdings Limited.
Veeco Instruments Inc. (NASDAQ: VECO) shares rose 14.1 percent to $19.50 in pre-market trading after reporting stronger-than-expected earnings for its first quarter.
Impinj, Inc. (NASDAQ: PI) rose 13.4 percent to $15.40 in pre-market trading after reporting Q1 results.
SandRidge Energy, Inc. (NYSE: SD) shares rose 13.2 percent to $16.45 in pre-market trading following Q1 results.
Blink Charging Co. (NASDAQ: BLNK) rose 12.6 percent to $4.55 in pre-market trading after jumping 171.14 percent on Monday.
Crocs, Inc. (NASDAQ: CROX) shares rose 10 percent to $16.66 in pre-market trading after the company reported better-than-expected earnings for its first quarter and issued strong sales forecast for the second quarter.
Pareteum Corporation (NASDAQ: TEUM) rose 9.7 percent to $3.05 in pre-market trading after announcing Q1 results.
Dean Foods Company (NYSE: DF) rose 8 percent to $9.00 in pre-market trading after reporting upbeat Q1 earnings.
Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) rose 7.3 percent to $23.45 in pre-market trading following Q1 results.
IAMGOLD Corporation (NYSE: IAG) rose 7.1 percent to $6.09 in pre-market trading after reporting upbeat Q1 earnings.
TC PipeLines, LP (NYSE: TCP) rose 6.4 percent to $27 in pre-market trading after gaining 2.08 percent on Monday.
Carrols Restaurant Group, Inc. (NASDAQ: TAST) rose 6.3 percent to $11.75 in pre-market trading fol - [By Lisa Levin] Companies Reporting Before The Bell
Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion.
Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion.
Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion.
Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion.
Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million.
The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion.
Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion.
US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion.
DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion.
Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million.
Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion.
Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion.
Petróleo Brasileiro S.A. – Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion.
JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion.
Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o - [By ]
Analysts said the are “now more cautious on names with unfavorable grocer/retailer exposure where we still see downside to estimates (Dean Foods Co. (DF) , downgraded to sell earlier this week) and those losing share within categories/lack of catalysts (PepsiCo Inc. (PEP) ).”
Top 10 Low Price Stocks To Watch For 2019: Telecom Italia S.P.A.(TI)
Advisors’ Opinion:
- [By Max Byerly]
TIM (NYSE:TI) was downgraded by equities researchers at Berenberg Bank from a “hold” rating to a “sell” rating in a report released on Friday, The Fly reports.
- [By Logan Wallace]
Canaccord Genuity reissued their buy rating on shares of Telecom Italia (NYSE:TI) in a research report released on Tuesday morning. The firm currently has a $1.25 target price on the utilities provider’s stock.
- [By Logan Wallace]
Titan Mining (TSE:TI) received a C$1.80 target price from Scotiabank in a research report issued to clients and investors on Monday. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price target suggests a potential upside of 44.00% from the stock’s current price.
- [By Logan Wallace]
Titan Mining Corp (TSE:TI) – National Bank Financial issued their Q3 2018 earnings per share estimates for Titan Mining in a report released on Wednesday, August 15th. National Bank Financial analyst S. Nagle expects that the company will post earnings of ($0.03) per share for the quarter. National Bank Financial also issued estimates for Titan Mining’s Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.10) EPS, FY2019 earnings at $0.00 EPS and FY2020 earnings at $0.34 EPS.
Top 10 Low Price Stocks To Watch For 2019: United Financial Bancorp Inc.(UBNK)
Advisors’ Opinion:
- [By Ethan Ryder]
United Financial Bancorp (NASDAQ:UBNK) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “United Financial Bancorp, Inc. is the holding company for United Bank, a full service financial services firm offering a complete line of commercial, business, and consumer banking products and services. The Company is primarily engaged in the business of directing, planning, and coordinating the business activities of the Bank. United Financial Bancorp, Inc. is based in Connecticut. “
- [By Max Byerly]
Hennessy Advisors Inc. cut its holdings in United Financial Bancorp Inc (NASDAQ:UBNK) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 235,000 shares of the bank’s stock after selling 10,000 shares during the quarter. Hennessy Advisors Inc.’s holdings in United Financial Bancorp were worth $3,955,000 as of its most recent SEC filing.
- [By Max Byerly]
United Financial Bancorp (NASDAQ:UBNK) will post its quarterly earnings results before the market opens on Tuesday, October 16th. Analysts expect United Financial Bancorp to post earnings of $0.30 per share for the quarter.
Top 10 Low Price Stocks To Watch For 2019: A V Homes, Inc.(AVHI)
Advisors’ Opinion:
- [By Evan Niu, CFA]
Shares of AV Homes (NASDAQ:AVHI) have soared today, up by 29% as of 1:40 p.m. EDT, after the company announced it was being acquired. Larger homebuilder Taylor Morrison Home Corporation (NYSE:TMHC) is scooping up AV Homes in a $1 billion deal.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers
World Fuel Services Corporation (NYSE: INT) tumbled 18 percent to $22.90 following Q1 results.
Biglari Holdings Inc. (NYSE: BH) fell 17.4 percent to $349.52. Washington Prime Group will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1.
Flex Ltd. (NASDAQ: FLEX) dipped 15.7 percent to $14.03 after a mixed fourth quarter report.
FormFactor, Inc. (NASDAQ: FORM) fell 15.3 percent to $11.65. FormFactor is expected to release Q1 results on May 2.
Data I/O Corporation (NASDAQ: DAIO) dropped 14.3 percent to $6.24 following Q1 results.
National Instruments Corporation (NASDAQ: NATI) fell 14.3 percent to $ 42.34 after reporting Q1 results.
United States Steel Corporation (NYSE: X) dipped 14.2 percent to $32.37 following Q1 results.
Civeo Corporation (NYSE: CVEO) dropped 13.5 percent to $3.33. Civeo posted a Q1 loss of $0.42 per share on sales of $101.504 million.
athenahealth, Inc. (NASDAQ: ATHN) fell 12.4 percent to $125.310 after reporting Q1 results.
Charter Communications, Inc. (NASDAQ: CHTR) shares tumbled 12.1 percent to $262.06 as the company posted Q1 results.
Value Line, Inc. (NASDAQ: VALU) fell 11.3 percent to $19.10.
Federated Investors, Inc. (NYSE: FII) shares dropped 11.2 percent to $27.605 after the company posted downbeat quarterly earnings.
AV Homes, Inc. (NASDAQ: AVHI) declined 10.7 percent to $17.20 following Q1 results.
CalAmp Corp. (NASDAQ: CAMP) dropped 9.4 percent to $21.01 after reporting Q4 results.
Tandem Diabetes Care, Inc. (NASDAQ: TNDM) shares fell 8.9 percent to $7.280 following mixed Q1 results.
Sony Corporation (NYSE: SNE) shares fell 8.4 percent to $45.97 after reporting Q4 results.
LogMeIn Inc (NASDAQ: LOGM) fell 8.2 percent to $109.825. LogMeIn reported upbeat earnings for its first quarter, but issued weak second quarter and FY18 earning guidance.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO - [By Joseph Griffin]
Headlines about AV Homes (NASDAQ:AVHI) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. AV Homes earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 44.8950832122121 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Top 10 Low Price Stocks To Watch For 2019: Standex International Corporation(SXI)
Advisors’ Opinion:
- [By Stephan Byrd]
Standex Int’l Corp. (NYSE:SXI) has been assigned a consensus rating of “Hold” from the eight brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $120.50.
- [By Logan Wallace]
Barclays PLC boosted its holdings in Standex Int’l Corp. (NYSE:SXI) by 13.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,804 shares of the industrial products company’s stock after buying an additional 561 shares during the period. Barclays PLC’s holdings in Standex Int’l were worth $459,000 as of its most recent SEC filing.
- [By Stephan Byrd]
Synex International (TSE:SXI) Director Glenn Stanley Mcdonnell sold 250,000 shares of the stock in a transaction on Wednesday, May 2nd. The stock was sold at an average price of C$0.50, for a total transaction of C$125,000.00.
- [By Ethan Ryder]
Standex Int’l Corp. (NYSE:SXI) – Equities researchers at William Blair boosted their Q3 2019 earnings per share (EPS) estimates for shares of Standex Int’l in a note issued to investors on Monday, October 1st. William Blair analyst N. Heymann now expects that the industrial products company will earn $1.51 per share for the quarter, up from their prior estimate of $1.49.
Top 10 Low Price Stocks To Watch For 2019: Caladrius Biosciences, Inc.(CLBS)
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Caladrius Biosciences (CLBS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Caladrius Biosciences (CLBS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Caladrius Biosciences (CLBS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
News coverage about Caladrius Biosciences (NASDAQ:CLBS) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Caladrius Biosciences earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news headlines about the biotechnology company an impact score of 45.4362129030389 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Top 10 Low Price Stocks To Watch For 2019: Home BancShares, Inc.(HOMB)
Advisors’ Opinion:
- [By Max Byerly]
BidaskClub cut shares of Home BancShares (NASDAQ:HOMB) from a hold rating to a sell rating in a research report report published on Wednesday morning.
- [By Shane Hupp]
News headlines about Home Bancshares (NASDAQ:HOMB) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Home Bancshares earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.4630889874042 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Stephan Byrd]
BidaskClub upgraded shares of Home Bancshares (NASDAQ:HOMB) from a strong sell rating to a sell rating in a research report sent to investors on Friday morning.
Top 10 Low Price Stocks To Watch For 2019: Newmont Mining Corporation(NEM)
Advisors’ Opinion:
- [By Joseph Griffin]
Boston Partners boosted its holdings in shares of Newmont Mining Co. (NYSE:NEM) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,976 shares of the basic materials company’s stock after buying an additional 2,033 shares during the quarter. Boston Partners’ holdings in Newmont Mining were worth $1,992,000 at the end of the most recent quarter.
- [By Ethan Ryder]
Engineers Gate Manager LP lessened its stake in shares of Newmont Mining Co. (NYSE:NEM) by 44.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,506 shares of the basic materials company’s stock after selling 68,807 shares during the period. Engineers Gate Manager LP’s holdings in Newmont Mining were worth $3,341,000 at the end of the most recent reporting period.
- [By Reuben Gregg Brewer]
Barrick isn’t the only major miner that’s been focused on debt reduction. But it has been beating peers like Newmont Mining (NYSE:NEM), Kinross Gold (NYSE:KGC), and Goldcorp (NYSE:GG) on this front, in some cases by a very wide margin. Barrick estimates that the massive balance-sheet effort has saved it around $300 million a year in interest expenses. Long-term debt is now back down to around 30% of the miner’s capital structure.
- [By Shane Hupp]
Newmont Mining Corp (NYSE:NEM) COO Thomas Ronald Palmer sold 1,250 shares of the firm’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $30.20, for a total value of $37,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
- [By Peter Krauth]
What’s more, after two mega-mergers in the gold space in the last four months, Barrick Gold Corp. (NYSE: GOLD) says it’s considered a possible merger with Newmont Mining Corp. (NYSE: NEM).
- [By Joseph Griffin]
Fortuna Silver Mines (NYSE: FSM) and Newmont Mining (NYSE:NEM) are both basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, earnings, dividends, valuation and profitability.