10 Stocks Trading at a Huge Discount
With the type of market that we are now in, where the upward long-term trend line has been broken and now we are seeing selling that, day-by-day, continues to accelerate at a rapid pace, just how in the world would I want to put out a bullish stock screen of 10 stocks selling at a significant discount to their book value? Perhaps it's the contrarian in me or maybe the part of me that wants to make sure that you are nimble enough in your trading that you are always prepared, no matter the conditions, to flip the switch and trade in the opposite direction if conditions dictate as much.
For the long-term, buy-and-hold readers out there, this screen has even more value as it shows those stocks that are selling at less than a 1/3 of its book value. I also wanted to gun for those stocks that have held up comparatively well to the recent selling that we've seen of late. With that said, the markets are, across the board, ridiculously oversold, and while that doesn't mean we can't continue to go lower, it does mean that the odds are that we see a bounce in the coming days, that by using the stocks listed below may be ideal candidates for taking advantage of such a bounce - however long it may last.
Here's to See My 10 Stocks Trading at a Huge Discount.