9/7/2023 0 Comments 20 cheap stocks to buy now![]() ![]() Per its public profile, Vipshop represents the third-largest e-commerce site in its home nation. If you can handle some risk, AUDC may represent one of the best stocks under $20 to buy.īased in China, Vipshop (NYSE: VIPS) operates the e-commerce website VIP.com, which specializes in online discount sales. To be fair, analysts feature a lackluster impression of AUDC, rating it a consensus “hold” with one “buy” and one “sell.” However, hedge funds have been steadily building their position in the firm since Q4 2021. On a trailing-12-month basis, the company is looking at net income of $28.2 million. Further, on an annual basis, AUDC has been consistently profitable since 2015. In the third quarter of 2022, AudioCodes delivered revenue of $69.7 million, a lift of 10% against the year-ago quarter. Primarily, AudioCodes may attract contrarian bargain hunters because of its strong growth potential. In contrast, the benchmark S&P 500 index gave up 20% of value during the same period. However, it’s one of the riskiest propositions, with AUDC dropping almost 50% of equity value in 2022. Presently, AudioCodes carries a market cap of $546 million. Thus, if you’re seeking an underappreciated idea among the best stocks under $20 to buy, give some consideration to TrueBlue.īased in Israel, AudioCodes (NASDAQ: AUDC) is a provider of advanced communications software, products and productivity solutions. This metric sits favorably below the underlying sector’s median ratio of 0.4 times. In addition, its debt-to-equity ratio is 0.13 times. Right now, TrueBlue has an Altman Z-Score of 4.4, reflecting low bankruptcy risk over the next two years. In contrast, the underlying business services industry features a forward price-earnings ratio of 13.3 times.Īnother factor to consider is the company’s balance sheet. Objectively speaking, the market prices TBI at 10.1-times forward earnings. Further, Gurufocus labels TrueBlue a “ modestly undervalued” business based on its proprietary calculations for fair market value. While volatile, TrueBlue managed to post an 8% return for stakeholders in the back half of 2022. For the entirety of 2022, TBI ended up losing almost 31% of equity value. Thus, it barely made it for consideration as one of the best stocks under $20 to buy. At the end of last year, TBI closed out at $19.58 per share. Presently, TrueBlue features a market cap of $644 million. Headquartered in Tacoma, Washington, TrueBlue (NYSE: TBI) represents a workforce solutions firm. Although a relatively unknown name, CIX is well worth consideration if you’re looking for the best stocks under $20 to buy. For instance, the company’s net margin stands at 12%, beating out 79% of the competition. Therefore, leveraging a zero-debt balance sheet affords incredible flexibility and resilience.Īlso, Compx enjoys solid profitability metrics. ![]() ![]() However, money essentially becomes more “expensive” with the Fed tightening the supply. In fairness, it’s not always the greatest metric to own during a bullish (and inflationary) cycle. ![]() However, sentiment stabilized in the final week of 2022, gaining half a percent.įundamentally, an attractive component undergirding Compx is that it has no debt. For last year, CIX gave up almost 20% of equity value. At the end of 2022, CIX closed out at $18.48 per share. Presently, Compx commands a market cap of $225 million. Compx specializes in security products, providing lock components utilized in cabinet locks, ignition switches, office furniture, postal boxes, healthcare, vending and gas stations and exhaust systems. Founded in 1993, Compx International (NYSEMKT: CIX) operates out of Dallas, Texas. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |