PE Ratio Below Ten, Dividend Yield Above 4: Bargain Basement Stocks With Some Risk
With many utilities and other dividend-paying stocks having been bid up by income-hungry investors, it’s getting tougher to find relatively cheap stocks that pay out a nice dividend.
But using the YCharts Stock Screener, turns up a handful of recognizable stocks trading quite cheaply and offering fat yields. Four major oil companies are among them.
And here’s a more varied group.
Now, of course, each of these companies has problems. Intel (INTC), the chip maker, is lagging behind in developing chips for mobile devices. The oil companies – Royal Dutch Shell (RDSA), Total (TOT), BP (BP), ConocoPhillips (COP) -- are facing slack demand with economic growth in Europe and China reduced. Strayer (STRA), a for-profit education company, like its competitors, is having a harder time signing up students with government loan rules made less lax. Safeway's (SWY) supermarkets are battered from below by Wal-Mart (WMT) and from above by Whole Foods (WFM). And so on.
So, these eight stocks aren’t necessarily buys, just ones cheap enough to be worth looking into.
From the editors of YCharts, which includes the just-released YCharts Pro Platinum for professional investors.
Filed under: Company Analysis