When looking ahead to 2016,
investors must ask themselves what is the best way to gauge the market and what
metrics they should be using.
2015 was a really
good year for my portfolio stock holdings. But if I look forward, I need to
position myself for the fiscal year 2016. By using value ideas, A few names
came into my mind.
Energy stocks or
energy related companies look cheap if you bet on a rising oil price. Retailers
like Kohl’s or GameStop are also underestimated if you believe that Online will
not kill their business.
Attached you can
find a few least expensive stock ideas. In determining the “least expensive”
companies, these were merely based on the lowest forward price-to-earnings
(P/E) ratio.
Included along
with each was the recent trading history, the consensus analyst price target
from Thomson Reuters and additional color for what is happening or may need to
be watched ahead.
Whether these
companies are ripe and ready to buy or a value trap is the question that will
be answered in 2016. It is no surprise that this list would be dominated by
major airlines, as the result of incredibly low oil prices, but we have only
chosen one, with a couple of honorable mentions.
Here are the
results...
