WallStreetNewsNetwork.com recently came out with a list of stocks selling below their cash per share. However, with the roaring bull market, many of these stocks have already moved up but are still trading at close to cash per share. Here are some examples of stocks with a low price to cash ratio.
Mitsubishi UFJ Financial Group, Inc. (MTU) has over $24 in cash per share yet sells for less than $6 per share.
Sadia S.A. (SDA), the Brazilian frozen foods company, has over $23 in cash per share yet sells for $6 per share.
Discover Financial Services (DFS, which issues the Discover credit card, has over $18 in cash per share and sells for less than $9 per share.
Liberty Media Capital (LCAPA), which produces and distributes movies and videos, has over $27 in cash per share yet sells for about $12.50 per share.
For a downloadable Excel database of about 60 stocks selling below cash, go to wsnn.com.
Author does not own any of the above.
By Stockerblog.com
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