How would you define the perfect stocks? I know how I would define them. First of all, the companies would have no debt. Without debt, it is hard for a company to go out of business, unless it has a very high burn rate. Second, the companies should have a lot of cash, so if business gets tough, they have enough to get them through hard times. Cash also makes the company a possible candidate for takeovers. One way to measure cash is with the cash per share versus the price of the stock. A third feature of the perfect stock would be a high yield, hopefully in excess of 3%. WallStreetNewsNetwork.com just updated its list of High Cash No Debt High Yield Stocks, which covers 25 companies, showing the stock symbol, market cap, forward price-to-earnings ratio, cash per share, yield, and cash per share as a percentage of price.
One example is Superior Industries International, Inc. (SUP), which makes and markets aluminum road wheels to original equipment manufacturers. The stock trads at 13.5 times forward earnings, and sports a yield of 3.6%. This debt free company carries $5.37 in cash, or roughly 32% of the stock price.
Hot Topic Inc. (HOTT) is looking pretty hot with a 4.7% yield. The stock has a forward PE of about 36. The cash per share amounts to $1.39, or roughly a quarter of the stock price. The company is, of course, debt free.
To see the entire list of High Yield No Debt High Cash Stocks, which you can sort, change, and update, go to WallStreetNewsNetwork.com. The list has stocks with yields ranging from 3.4% to 12.6%, and cash per share as high as 47% of the stock price.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Showing posts with label HOTT. Show all posts
Showing posts with label HOTT. Show all posts
Saturday, October 09, 2010
Monday, January 18, 2010
Do Debt Free Stocks Under $10 Really Do Well?
Last month, we ran an article about 11 debt free stocks trading under $10 per share with lots of cash called 11 Under 10: Low Share Price, Debt Free, Lots of Cash. The entire list of low priced shares with no debt was and still is available at WallStreetNewsNetwork.com.
If you look at the returns on those eleven stocks from the time the list was published to last Friday, and this is even after the Dow was down over 100 on that day, the average gain on the stocks is 4.2%, versus only 1.4% on the Dow over that same time frame. Not a bad return for less than a month.
Most of the eleven stocks were up, with a low gain of 0.4% for Stamps.com Inc. (STMP) and a high of 34.5% for Joe's Jeans Inc. (JOEZ). Other stocks that were up strong include Landec Corporation (LNDC) and SonicWALL, Inc. (SNWL).
Only a few on the list were down, with Hot Topic, Inc. (HOTT) being the lowest performer, down only 3%.
Stay tuned for our next update. Hopefully we can come up with 12 stocks under 10. However, there are plenty of other lists of stocks at wsnn.com, especially high dividend lists, which are worth checking out.
Author does not own any of the above.
By Stockerblog.com
If you look at the returns on those eleven stocks from the time the list was published to last Friday, and this is even after the Dow was down over 100 on that day, the average gain on the stocks is 4.2%, versus only 1.4% on the Dow over that same time frame. Not a bad return for less than a month.
Most of the eleven stocks were up, with a low gain of 0.4% for Stamps.com Inc. (STMP) and a high of 34.5% for Joe's Jeans Inc. (JOEZ). Other stocks that were up strong include Landec Corporation (LNDC) and SonicWALL, Inc. (SNWL).
Only a few on the list were down, with Hot Topic, Inc. (HOTT) being the lowest performer, down only 3%.
Stay tuned for our next update. Hopefully we can come up with 12 stocks under 10. However, there are plenty of other lists of stocks at wsnn.com, especially high dividend lists, which are worth checking out.
Author does not own any of the above.
By Stockerblog.com
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