10 Dirt-Cheap Stocks With Analysts' Approval
(TheStreet) -- Here are 10 stocks that investors have left for dead. Yet, analysts give them positive reviews, in part, because they're so cheap. Some are predicted to double or triple in the next 12 months. They're ordered by forward earnings multiple, from cheap to cheapest.
10. Ashford Hospitality Trust (NYSE: AHT) owns hotel and lodging properties in the U.S. Ashford swung to a second-quarter profit of $6.8 million, or 22 cents a share, from a loss of $161 million, or $2.20 a share, a year earlier. Revenue grew 3.6% to $240 million. The operating margin turned positive. Ashford's stock trades at a forward earnings multiple of 7.1, a book value multiple of 0.5, a sales multiple of 0.5 and a cash flow multiple of 6.2 -- 93%, 78%, 92% and 64% discounts to REIT peer averages. FBR Capital Markets (NASDAQ: FBCM) expects it to rise 24% to $11.
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