Ford (NYSE:F) is known for its attractive valuation, it currently trades at around 7 times its 2017 projected earnings and has an attractive dividend yield of 5.36 percent. It also has a very low price-to-earnings ratio (P/E) compared to most other companies on the S&P 500. The stock trades at around $11 during the time I am writing this. However, after digging a little deeper, I have found that the future looks bearish for Ford.
The automobile industry is known to be a very cyclical industry and I, along with many other people, believe that the cycle has peaked after years of high demand. We are witnessing a downtrend in automobile demand. In March, US auto sales fell 1.6 percent; 1.56 million cars and trucks were sold in March, falling below the projected sales of 1.62 million cars and trucks. Sales are down 1.6 percent compared to the same month last year. Ford only sold 236,250 cars; this is a 7 percent decrease in sales compared to the prior month.
Top 5 Low Price Stocks To Watch Right Now: Owens Realty Mortgage, Inc.(ORM)
- [By Markus Aarnio]
Owens Realty Mortgage (ORM) is a real estate investment trust that invests in commercial real estate mortgage loans primarily in the Western U.S. The company specializes in loans that require speed and flexibility. Owens Realty Mortgage is externally managed and advised by Owens Financial Group.
Top 5 Low Price Stocks To Watch Right Now: STORE Capital Corporation(STOR)
- [By Jason Hall, Brian Stoffel, and Brian Feroldi]
With that idea in mind, we asked three of our top contributors to write about a stock they see as being a bargain today, and they gave us mortgage industry software lynchpinEllie Mae Inc(NYSE:ELLI), real estate holding companyStore Capital Corp(NYSE:STOR), and steelmaker extraordinaireNucor Corporation(NYSE:NUE).
- [By Jim Robertson]
Mid capretail REIT Store Capital Corp (NYSE: STOR) has just announced that Warren Buffetts Berkshire Hathaway (NYSE: BRK.A; NYSE: BRK.B) has invested $377 million in the company representing 9.8% of total shares outstanding. In the transaction, Store Capital Corp issued 18.6 million shares of company stock in a private placement to a wholly owned subsidiary of Berkshire Hathaway at a price of $20.25 per share. Sharesclosed Mondayup $2.34 or 11.27% to $23.11.The CEO Christopher Volk stated:
Top 5 Low Price Stocks To Watch Right Now: Knowles Corporation(KN)
- [By Jack Delaney]
A deal with Facebook Inc. (Nasdaq: FB) brought the little-known Knowles Corp. (NYSE: KN) to investors’ attention today, boosting Knowles Corp. stock by 2.3% as of 12:30 p.m. today (Oct. 30, 2017).
Top 5 Low Price Stocks To Watch Right Now: Fifth Street Asset Management Inc.(FSAM)
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Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million.
General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion.
Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion.
Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million.
Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million.
Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million.
Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million.
Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter.
Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.
- [By Jordan Wathen]
Last week,The Wall Street Journal broke the news that Fifth Street Asset Management (NASDAQ:FSAM) was on the auction block, apparently for the second time.
Top 5 Low Price Stocks To Watch Right Now: ADMA Biologics Inc(ADMA)
- [By Monica Gerson]
The list of below stocks is notable as the shares have traded on sequentially increasing volume spanning the trading days from September 16 to September 20: