|Day Low/High||6.55 / 8.38|
|52 Wk Low/High||1.68 / 11.56|
The five companies all appeared to be cheap a year ago, but only two have risen in value since then.
These names frequently trade at low multiples to current assets and may (but may not) be worthy of purchase.
Just five non-biotech names trade below net current asset value.
With the S&P 500 at or near record highs, wait for prices to fall.
And yet, West Marine is currently profitable.
That part of the portfolio, however, should probably contain a lot of cash.
Value plus quality remains the most profitable strategy of all.
Look for stocks that are lagging their 10-year average ROC.
Over the long term, this time-tested strategy far exceeds market rates of return.
I ignored the jobs report and studied Ben Graham's 1976 value investing advice.
Safe and cheap stocks are rare right now, but here are a few that I have found.
Anyone can follow the investing strategies the Oracle of Omaha learned from Benjamin Graham.