What is your favorite beaten up stock right now?
Answers
4075 points
EthanR answered one year ago …
Bank of America and Ford. Both are long term plays, although Ford can be nicely traded if you buy it in the $4.50-4.75 range and sell it in the 5.25-5.50 range. BAC may be a bit overextended right now after recent run up.
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989 points
rvilmur answered one year ago …
Newcastle Investment Corp NCT is in the beaten down Financial area. They currently have a dividend rate of $0.25 per quarter and are selling at 5.86 as I write. They are mostly into commercial loans with very little home mortgage exposure. This stock used to pay $0.72 per quarter before management decided to conserve cash.
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127 points
kingfisher209 answered one year ago …
SWIM operating metrics have been impressive, new accounts as well as av trades per day are both at a record high, The borkerage business has very low operational cost and very high gross margins.
TICC is a technology investment company that distributes 90% of its earnings and is currently yielding more than 20% right now and is selling at half its book value.
116 points
Theodore answered one year ago …
Ceradyne Inc.($44.29 as of 07/28/08), a manufacturer of technical
ceramics for a wide range of military and
industrial uses, has seen its shares fall 46.55 from its peak in August 2007.
After record sales and earnings in 2007, the
lumpy nature of military orders resulted in a
volatile backlog and a 20% reduction in the
earnings guidance range for 2008.
However, the outlook is bullish on the longterm
demand trends for the company's
advanced armor products as well as emerging
industrial products in alternative energy and
other areas. The fact remains that the products
produced by CRDN save American soldier's
lives and as a result have garnered the attention
of Secretary of Defense. Ceradyne, Inc. just announced the receipt of an $8.4 million delivery order from the United States Special Operations Command , MacDill Air Force Base, Florida. The order is for modular supplemental armor protection as part of the family of Ballistic Plates for Body Armor Load Carriage Systems to be shipped beginning in August 2008 to February 2009.
In addition to its long-term catalysts, the
company maintains all the fundamentals that's worth
for a value play.
Ceradyne has a solid balance sheet
($2.33 in net cash per share) and
recently authorized a stock repurchase
of up to $100 million. The company's
forward P/E of 7 and Price to Sales ratio of 1.2
are far below historical norms.
KEY STATS:
52 Week High: $82.87
52 Week Low: $27.77
Market Cap ($BIL): $1.17
2007 Revenues ($MIL): $756.84
2007 Net Income ($MIL): $144.27
2007 EPS: $5.20 2007
Gross Margin: 40.4
2008 Est. EPS: $4.62
2008 Est. P/E: 7.9
Dividend Yield (%): NA
Short Interest/float (%): 14.6
Theodore
731 points
thinker70 answered one year ago …
This is not a well known stock, BUT those in the know see a great profit opportunity, including the CEO who recently invested over a million of his own money to buy more shares. I am talking about GLOBALSTAR (GSAT) that IPO'd at around $18, and promptly dropped to around $10. It had been bought out of an original bankruptcy by a wealthy financier shedding millions of original investment in the process and now misunderstood recent financings dropped the share price as low as $2.00 but has since recovered to the $2.65+ range. The potential to get back to at least the $10. range seems quite high as business is booming and the Co. is now well financed and once the market figures this out and that the selloff ws grossly overdone there will be some serious profits made.
In the interests of full disclosure, my son is operations manager of the company and knows the real situation well, and the FACTS are publicly available, it is just that few investors know anything about this company. Myron Martin
