The 4 Most Intriguing Value Stocks On The NYSE

&l;p&g;&l;img class=&q;dam-image ap size-large wp-image-e1b245db90ee410e96d9a53f05882f61&q; src=&q;×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; AP Photo

Limiting the research to just those stocks listed on the New York Stock Exchange — and which seem to qualify as &q;value&q; stocks based certain qualities inherent in the old school Benjamin Graham-style criteria –here are 4 that look intriguing:

&l;strong&g;Seaspan Corporation&l;/strong&g; is a Hong Kong based shipping company now trading at half its book value and with a price/earnings ratio of only 8.3 — a much, much lower p/e than that of the S&a;amp;P 500. These 2 metrics make it appear to be qualified as a value stock.

&l;img class=&q;size-full wp-image-3116&q; src=&q;; alt=&q;&q; data-height=&q;928&q; data-width=&q;1240&q;&g; Seaspan chart.

You would have to be concerned that the firm&s;s level of debt presently exceeds shareholder equity. But Seaspan had a solid 5-year earnings record and last year was excellent. The company is paying a 6.44% dividend. The short float now sits at 8.7%. Their new Chief Financial Officer, Ryan Cameron Courson, is a mere 29 years old.

&l;strong&g;Rice Midstream Partners LP&l;/strong&g; is in the oil and gas pipelines business with headquarters in Pittsburgh. I think it fits into the value stock profile with its price/earnings ratio of 10 and with shares now available for purchase at 85% of book value.

&l;img class=&q;size-full wp-image-3117&q; src=&q;; alt=&q;&q; data-height=&q;928&q; data-width=&q;1240&q;&g; Rice Midstream chaart

The company is 39% insider owned and average trading volume is much lighter than most NYSE-listed stocks. Their 5-year and 1-year earnings history is solidly positive. A 6.48% dividend is being paid. Debt levels are low. Rice Midstream has a short float of 6.1%.&a;nbsp; The stock traded at 22 in January and has dropped to around 18.


&l;strong&g;Hudbay Minerals&l;/strong&g; is a copper, zinc, gold and silver producer based in Toronto.&a;nbsp; The company is trading at a 10% discount to its book value and the price/earnings ratio comes in at&a;nbsp; 10.9. So, we&s;re in value stock territory.

&l;img class=&q;size-full wp-image-3118&q; src=&q;; alt=&q;&q; data-height=&q;928&q; data-width=&q;1240&q;&g; Hudbay chart.

Hudbay has no debt. The dividend yield is smallish at .27%. The earnings record is very good for the past year and the past 5-years. The mining company&s;s stock traded at 10 in January and has since fallen to 7.35 — that kind of volatility needs to be considered.

&l;strong&g;IGD Voya Global Equity Dividend &a;amp; Premium Opportunity Fund&l;/strong&g; is a closed end fund based in Scottsdale, Arizona. It makes the value stock list because the price/earnings ratio is a very low 6.6 and can be bought right now for 89% of book.

&l;img class=&q;size-full wp-image-3119&q; src=&q;; alt=&q;&q; data-height=&q;928&q; data-width=&q;1240&q;&g; Voya IGD chart.

Voya&s;s top 3 holdings are Apple, Microsoft and Cisco Systems — just to give you some idea at what they invest in. The fund has a solidly positive 5-year record and last year was excellent. The dividend yield is 10.05% and there&s;s no debt on the books. Voya&s;s stock has declined from 7.98 in January to 7.28 last week.

With the Schiller cyclically-adjusted price/earnings at &l;a href=&q;; target=&q;_blank&q;&g;a higher than usual 31.74&l;/a&g; , I like to see what&s;s out there that might still be considered as value — by locating stocks with significantly lower p/e&s;s and which can be bought at a price below book. Not that many of these exist these days but they can be found with a little digging. That&s;s the point of this exercise.

&l;span&g;None of these are recommendations. You&s;d want to look much deeper at each situation. Always do your own independent research, due diligence and seek professional advice from a licensed investment adviser.&l;/span&g;&l;/p&g;