If you are looking for very cheap stocks, you may want to look for stocks that are selling below cash per share. What this means is if you take all the cash a company has and divide it by the number of shares, you get the cash per share. There are actually over 60 stocks out there, discovered by
WallStreetNewsNetwork.com, which are trading below that cash amount. The following are a list of 11 stocks, all with market caps over $400 million, which are trading way below cash per share, therefore, with a Price to Cash per Share [PCS] ratio of way below 1. Keep in mind that many of these are foreign companies, many have high debt, and many are in struggling industries. Financials are based on several sources, but should be investigated before investing in any of these stocks. Mitsubishi UFJ ( MTU ...
Tags for this Post:Allied Irish Banks Plc,
Bank,
Banking,
Bilbao,
Brazil,
care insurance,
care services,
Coal Mining,
Current Market News,
Financial Services,
Health Net Inc,
Illinois,
Investment Banking,
Ireland,
Japan,
Liberty Media Capital,
life insurance,
Madrid,
Medicare,
Mitsubishi,
mortgage insurance,
MTU,
Private Bank,
Sadia S.A.,
Spain,
Stocks to Watch,
supplement insurance,
Tokyo,
USD