Skip to main content

6 value stocks breaking above their trend lines

Here is a quick list of value stocks that are breaking out in a bullish direction over their downward sloping trend lines.

Symbol Name Sector Industry PE Ratio Price
to Sales		 Price
to Book		 PEG Ratio Enterprise
Value to EBITDA
CPX Complete Production Services, Inc. Energy Oilfield
Services/
Equipment		 13.92 1.19 2.46 0.66 5.24
FLL Full House Resorts, Inc. Consumer Services Services-Misc. Amusement & Recreation 8.52 1.13 1.26 0.43 3.07
HELE Helen of Troy Limited Consumer Durables Home
Furnishings		 9.47 1.04 1.3 0.84 8.38
HRS Harris Corporation Capital Goods Industrial
Machinery/ Components		 8.77 0.84 1.99 0.87 5.18
SUTR Sutor Technology Group Limited Capital Goods Steel/Iron Ore 3.81 0.12 0.27 0.22 4.73
TSTC Telestone Technologies Corp. Consumer Durables Tele-
communications Equipment		 2.33 0.53 0.59 0.09 1.41

This list is derived from the Free Stock Screener over at sister site TradingStockAlerts.com. It was set up by simply choosing the Value preset and then selecting a Bullish Reversal in the Simple Trend Reversal drop-down.

All are profitable. All are seeing increasing sales. Basic valuation measures range from reasonable to deep value. Sutor Technology Group and Telestone Technologies, being Chinese micro-cap companies, are heavily out of favor these days, thus the extremely low valuation levels. Sutor is doing well enough that they have announced they are buying back stock. Telestone announced good earnings a couple of weeks ago. Could be something attractive for a brave investor in one of these stocks.

More traditional is Complete Production Services who recently turned in a stellar earnings report. This energy-related company displays solid fundamentals across the board and was listed as a Zacks #1 rank (strong buy) back in the middle of August. With the market and the price of oil recovering in the last week or so, Complete Production Services could attract more buying interest. Keep an eye on this one.

Disclosure: no positions in any stocks mentioned in this post
Labels:

Comments

Post a Comment

Popular posts from this blog

Time to be conservative with your 401K

Most of the posts I and other financial bloggers write are typically focused on individual stocks or ETFs and managing active portfolios. For those folks who are more conservative investors, those whose main investment vehicle is a 401K, for example, the techniques for portfolio management might be a little different. The news of stock markets falling and pundits predicting recession is disconcerting to professional investors as well as to those of us who are watching our balances in an IRA or 401K sag. What approach should the average 401K investor take? Let's assume that the investor is contributing on a regular basis to one of these retirement accounts. There are two questions that the investor needs to ask: 1. Should I stop putting the regular contribution into stocks? My feeling is that investors making regular contributions are being handed a present by the markets. Every week the market goes down, these investors are lowering their average cost. When markets reco...
7 comments
Read more

Trade Radar gets another update

Some of our data sources changed again and it impacted our ability to load fundamental/financial data. In response, we are rolling out a new version of the software: 7.1.24 The data sourcing issues are fixed and some dead links in the Chart menu were removed. So whether you are a registered user or someone engaged in the free trial, head over to our update page and download the latest version. The update page is here:   https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.
Post a Comment
Read more

Sprint - Why WiMAX?

I was somewhat surprised when I heard that Sprint Nextel ( S ) was building a separate network based on WiMAX technology. This is not a replacement for its 3G cell phone system but in addition to it. Why would they do such a thing given the scale, complexity and cost? Are they doing this in the hope that if they build it, they (customers) will come? So first of all, what is WiMAX and why is it significant? Technically speaking, it is a 4G wireless broadband network that uses the mobile WiMAX (Worldwide Interoperability for Microwave Access) IEEE 802.16e-2005 technology standard. Why is that good? Because you can get high-speed Internet access with it for devices ranging from phones to PCs and devices we haven't thought of yet. And in this case, WiMAX "high-speed" is significantly faster than typical Internet access via current mobile phone technology. It will be a real data network, not a data pipe bolted onto a telecommunications network. What could this lead to in the f...
3 comments
Read more