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.
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
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!
Below is a list of notable value stocks in the utilities sector:
- China Recycling Energy (NASDAQ:CREG) - P/E: 4.11
- PG&E (NYSE:PCG) - P/E: 4.14
- NRG Energy (NYSE:NRG) - P/E: 9.85
- Kenon Hldgs (NYSE:KEN) - P/E: 2.95
- Pampa Energia (NYSE:PAM) - P/E: 0.19
Most recently, China Recycling Energy reported earnings per share at -0.09, whereas in Q4 earnings per share sat at 1.7. China Recycling Energy does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, PG&E reported earnings per share at 0.27, whereas in Q1 earnings per share sat at 0.23. Its most recent dividend yield is at 3.06%, which has decreased by 0.04% from 3.1% in the previous quarter.
NRG Energy's earnings per share for Q2 sits at 4.4, whereas in Q1, they were at -0.23. The company's most recent dividend yield sits at 3.33%, which has decreased by 0.03% from 3.36% last quarter.
Kenon Hldgs's earnings per share for Q1 sits at 3.34, whereas in Q4, they were at 2.69. Kenon Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Pampa Energia has reported Q1 earnings per share at 0.58, which has increased by 41.46% compared to Q4, which was 0.41. Pampa Energia does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
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.