27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
What is a Value Stock?
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
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The following stocks are considered to be notable value stocks in the basic materials sector:
- Reliance Steel & Aluminum (NYSE:RS) - P/E: 8.83
- AdvanSix (NYSE:ASIX) - P/E: 7.31
- ICL Group (NYSE:ICL) - P/E: 3.88
- Alpha Metallurgical (NYSE:AMR) - P/E: 1.95
- Flexible Solutions Intl (AMEX:FSI) - P/E: 5.69
Reliance Steel & Aluminum's earnings per share for Q1 sits at $6.37, whereas in Q4, they were at 5.87. Most recently, the company reported a dividend yield of 1.6%, which has decreased by 0.13% from last quarter's yield of 1.73%.
AdvanSix has reported Q1 earnings per share at $1.3, which has increased by 2.36% compared to Q4, which was 1.27. Its most recent dividend yield is at 1.65%, which has increased by 0.27% from 1.38% in the previous quarter.
This quarter, ICL Group experienced a decrease in earnings per share, which was $0.28 in Q4 and is now $0.23. The company's most recent dividend yield sits at 7.56%, which has increased by 0.35% from 7.21% last quarter.
Alpha Metallurgical's earnings per share for Q1 sits at $17.01, whereas in Q4, they were at 13.37. Most recently, the company reported a dividend yield of 1.42%, which has increased by 0.38% from last quarter's yield of 1.04%.
Flexible Solutions Intl saw a decrease in earnings per share from 0.22 in Q4 to $0.07 now.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.