current list of dirt cheap stocks: I may be long some of these, but this is for research purposes only and not a recommendation to buy or sell any securities…. Nothing in this site is an offer to sell or recommendation to buy securities of any kind…
NWLI — National Western Life Insurance: 7.5X earnings, 50% of tangible book value, high insider ownership.
HPQ– Hated stock, 6.7X forward earnings, low cost leader in laptops.
INTC — cheap enough at 9.5X earnings, stong cash flows and growth. Put selling and covered call investing look smart.
MSFT — 8.75X earnings, solid cash flows, Skype deal is actually attractive as they can take share from Verizon and Sprint.
HAST — 38% of tangible book, 4X free cash flows, little debt, management buying back shares, 57% insider ownership… Low float means low liquidity = opportunity and deep value…
NEM — gold worth more than the market cap — Miners getting NO love.. Good asset value and cash flow here.
FCX — Freeport is cheap at 10X trailing and 8X forward earnings… The company’s assets ae undervalued by the marketplace.
VOXX — Cigar Butt type investment, acquisition of Kipsch could be accretive.
VALE — 5X earnings, very cheap name… strong cash flows, and a solid earner…
EGY — Hated oil stock West Africa play, strong free cash flow and growth… Very “gappy” chart… look to buy in the low $7′s and sell at $8 or so per share… Selling the $7.50 Leap puts also a good play…
STO — Statoil at 8X forward earnings looks solid… Strong cash flows, great market position, good dollard hedge.
CVX — Chevron is cheap at 8X earnings…
COP — Like Chevron, Conoco is Cheap!
KO — The Stalwart of Stalwarts:
VOXX — Ben Graham Stock, Audiovoxx makes car stereo equipment and electronics
KCLI — Kansas City Life… Cheap stock…
ASI — American Safety is DIRT cheap
SNDK — Magic Formula Stock, tough industry but cheap
AWX — Gold courses and Waste Management name at 25% of tangible book value.
PS Caveat Emptor — Call options can be sold on these stocks to add to your margin of safety and reduce downside risks… Sell some premium to the leveraged bulls here and take what yield the market will give you…
What is a good resource for a covered call strategy?
Why http://www.hedgephone.com of course….lol….
I am working on a covered call and call spread page as we speak…
That’s a good question. I’d like to know that as well.
Hedgephone,
Again the similarties in our portfolios is amazing. Maybe you are my lost twin.
On EGY be careful, I once owned 1% of it. They got lucky once then failed over and over on new projects, I have been out for 2-3 years.
TGA is a super grower and has hit over and over on new fields and acquisitions. They are in Egypt and Somalia hence low value to growth. TGA was one of the best stocks of 2010, yet is still cheap and just bot a new field for only $3 mill, fire sale price.
Will check out TOT because you rec it.
The cheapest stock I have ever seen is UVE today. Its -.5 Enterprize to EBITDA ratio, has more cash than market cap is growing and profitible and has high div and is a USA NYSE stock.
It baffles me, what is your thoughts?
Thanks
Dana,
I’m less int. in TOT now than i was before it appears earnings slowed… I like STO CVX and COP better… will check out UVE… Note the long and short pages on Hedgephone are a bit dated… haven’t had much time to work on the site running a small amount of money…
1% of EGY… wow that’s awesome…. Africa has it’s risks…. maybe a long EGY short HDY if HDY hits $6 or $8 again may be interesting for a small pairs trade? don’t know if you are a hedger or a vanilla but thanks for visiting hedgephone!