Investing in cheap stocks is
popular because investors believe that the market will clarify one day the mispricing
of a stock.
Attached is a
compilation of the 6 cheapest stocks with a single-digit price-to-earnings
ratio. Only six companies have a forward P/E ratio of less than 10.
Cheap for a resaon or not? That's the 100 million dollar question. If you're right, you will make money, if not, you lose some.
If I look at the results, there are some great picks like IBM on it. Attached is a full list of the results with more fundamental details in a quick list.
Cheap for a resaon or not? That's the 100 million dollar question. If you're right, you will make money, if not, you lose some.
If I look at the results, there are some great picks like IBM on it. Attached is a full list of the results with more fundamental details in a quick list.
These are the results: