Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Sometimes you just want to find cheap stocks but you don't want to search for a bunch of the value fundamentals. You just want a basic screen.
Why not screen for low P/E ratio stocks?
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Sure, it's not a perfect metric, but it's a basic fundamental that will get you "cheap" stocks, at least on an earnings basis.
The Easiest Value Stock Screen Ever
In order to get really cheap stocks, however, you'll probably want to lower the range of P/Es you look for.
Normally, a P/E under 15 usually designates value. That's under the current P/E of the S&P 500 which is around 18.
But if you're going to screen for basic value stocks, why not go lower?
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Screening for stocks with P/Es under 10, in a market that continues to hit new highs, means you're going to get the cheapest stocks.
But that's still a wide screen. You'll have to look through hundreds of stocks. The screen, then, looks for stocks with a forward P/E under 10 as well.
That returned 99 stocks.
Out of those 99, Tracey took a closer look at 5 companies. Are they truly value stocks?
Related Links:
Tim Seymour Talks Emerging Markets, Cannabis Stocks On PreMarket Prep
5 Stocks Predicted To Fall Further This Week By Artificial Intelligence Software
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.