|Day Low/High||6.12 / 6.44|
|52 Wk Low/High||4.42 / 8.50|
As a value investor, it's an interesting time in Smallville for SBH, FLMN and NL.
Among the names that felt pain were NL Industries, Fossil Group and Manchester United.
This has recently been a pretty exciting place to be.
NL currently garners no analyst coverage, which is one of the reasons that you've likely never heard of the company.
The intertwined companies made healthy gains at the end of the week, though the reason for them wasn't immediately evident.
Languishing NL Industries and Ascena Retail Group saw their shares spurt higher on Thursday on positive events.
A bunch of beaten-up value names registered double-digit percentage gains last week; we'll see if the rally can continue.
Announcement of a settlement of a lead paint legal tussle that had gone on for nearly two decades gave NL shares a boost Thursday.
What is most fascinating in this index-investing based world is the amount of variability and inefficiency that still exists.
When there is real market turmoil, the smaller names usually are damaged more than their large-cap cousins.
All of these companies have been hammered to a varying degree during the year but trade at reasonable forward valuations.
Shares of the related companies are struggling, which can be the norm for investments in out-of-favor businesses.
This fear and volatility, if it continues, will make tax-loss selling season even more interesting.
These 3 value names reported very ugly quarterly earnings.
Especially painful are situations where a name begins to drop almost immediately after taking a position.
The ag stock takes a hit after a nice run-up and NL declines after a pullback in Kronos Worldwide, in which it holds a big stake.
The value of its big holdings in Kronos Worldwide, CompX International and Valhi Inc. greatly exceed its own market cap.
It can be hard to regret even profitable trades when your investment philosophy typically has you out of stocks early.
I'm trying to get comfortable with this potential 'sum of the parts' idea.
Valhi fell 28% on Wednesday, but was 10% back up Thursday morning.