These 4 stocks are not widely mentioned in the financial media and it’s unlikely you’ll find them listed as components of any Cathie Woods portfolios. Unlike owning Tesla
TSLA
NVDA
DIA
Value stocks are like that and that’s what makes them worth considering: when growth stocks are so hot, why would anyone bother? Below book value and with a low price earnings ratio and paying dividends — it’s almost old-fashioned as a method for finding the right kinds of stocks.
These equities are for only the most of contrarians. It’s unlikely you’ve ever heard of them and, from the standpoint of value, that’s what makes them interesting.
Costamare is a New York Stock Exchange traded marine shipping stock with corporate headquarters in Monaco. With a market capitalization of $1.24 billion, the company owns and provides container ships and dry bulk vessels for charter. A late July price blast reflected 2nd quarter revenue gains coming in at greater than anticipated.
The stock trades with a price-earnings ratio of just 2.53 reflecting the general lack of enthusiasm on Wall Street for the shipping sector. Costamare trades at a mere 55% of its book value. The amount of debt is about equal to shareholder equity. A dividend of 4.45% is paid.
Global Ship Lease is another in the marine shipping category, this one based in London and also listed on the New York Stock Exchange. Market capitalization comes to $677.95 million. Earnings this year increased by 29.80%, the 5-year EPS growth is 52.60%.
This carrier trades at a 27% discount to its book value with a price-earnings ratio of 2.23. Price to free cash flow is 2.43 and price to sales is at 1.03. Shareholder equity exceeds the amount of long-term debt on the books. Global Ship Lease is paying a dividend of 7.88%.
Nutrien, according to its website, produces and distributes “over 27 million tonnes of potash, nitrogen and phosphate products for agricultural, industrial and feed customers world-wide.” The company is based in Saskatoon, Saskatchewan, Canada and listed on the New York Stock Exchange.
The stock is available for purchase at 91% of its book value and trades with a price-earnings ratio of 6.58. Price to free cash flow is 6.39. This year’s earnings are up by 157% and up over the past 5 years by 68.90%. Nutrien investors receive a 4.45% dividend.
Viatris is a NASDAQ
NDAQ
Now trading with a price-earnings ratio of 7.22 and at 63% of its book value, the stock looks cheap. Earnings this year are up by 262%. Over the past 5 years, earnings show gains of 2.10%. Viatris is actively traded with average daily volume of 8.86 million shares. The company pays a dividend of 4.36%.
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