Wednesday, July 18, 2012

5 Financial Stocks Trading For Cheap Despite Strong Analyst Confidence



When analysts rate a company's stock as a 'Strong Buy', it means that there are a variety of things that the company is doing right. It also means that there is confidence that the stock's worth is going to increase. Today we focus on financial stocks sporting some of the highest analyst ratings, but that also seem undervalued from a price-multiple standpoint. We came up with a rather diverse list of financial companies, but we think we've found some winners.
The Price/Sales ratio is a price-multiple valuation metric used to help identify if a firm is cheap by its twelve month trailing sales numbers. In the most basic terms it let's an investor know how much the investment community is willing to pay for every dollars worth of sales. A firm with a P/S ratio of one or lower would be viewed as cheap because investors are paying $1 or

... Read the rest at SeekingAlpha.com

No comments:

Post a Comment