20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. 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.
Below is a list of notable value stocks in the communication services sector:
- Scienjoy Holding (NASDAQ:SJ) - P/E: 9.43
- AdTheorent Holding (NASDAQ:ADTH) - P/E: 7.94
- Xunlei (NASDAQ:XNET) - P/E: 7.51
- Urban One (NASDAQ:UONE) - P/E: 7.78
- Lendway (NASDAQ:LDWY) - P/E: 1.13
Scienjoy Holding's earnings per share for Q1 sits at $0.02, whereas in Q4, they were at 0.04. AdTheorent Holding saw an increase in earnings per share from -0.06 in Q1 to $0.09 now. Xunlei saw an increase in earnings per share from 0.05 in Q4 to $0.08 now. This quarter, Urban One experienced a decrease in earnings per share, which was $0.08 in Q3 and is now $0.02. Lendway saw a decrease in earnings per share from 0.91 in Q1 to $-0.02 now.
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.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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