Just curious if others are finding things worth buying. I am building up cash and wondering what to do with it.
I will start the conversation with this. One stock that I like a lot (enough to own) that is cheap is Cincinatti Financial (cinf). It's a big property and casualty insurer, pretty conservative in its underwriting. It has increased its dividend annually for 42 consecutive years. It is trading for close to net tangible assets. Out of the stocks I own, I think this is the cheapest.
Anyone else have thoughts on stocks that are cheap?
DDS ($22-25) KFT ($35-40) MXT ($6-7) DRF not even dd done yet but looks interest below 1.50 DLW sames as DRF but again 2ish is interesting CC below 7.25 interesting
Maybe not a lot of cheapness, but some stuff is looking interest. If you look at the market cap of those companies---KFT is to big for a takeover and the rest are to small. DDS is the right size, but retail doesnt fit well with berkshire. I see why buffett is having a hard time still. Size helps sometimes though. Clayton is a dog, but Berkshire can winner. It has a great feature---you can invest float that must be liquid in there. You can do that with PC or other subs.
To the poster about CC. I have a real value of net assets around 2 billion. That is saying some of PPE is worthless and so on. At 75% of that or below 7.25 a share--looks interest. The on going business isnt looking good and I somewhat fear they will burn up a lot of the liquidation value. Any look into their business is welcome.