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Best Cheap Stocks to Buy Now December 2021

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·3 min read
In this article:
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Oftentimes, big money buying is institutional activity. We’ll go over what that looks like in a bit. But, the 5 stocks we see as undervalued candidates are SIMO, AKAM, AMAT, QCOM, & ADI.

At my research firm MAPsignals, we believe that big money trading can alert you to the forward fundamental picture of a stock. We want the odds on our side when looking for the highest quality stocks.

Up first is Silicon Motion, Inc. (SIMO), which is a leading developer of integrated circuits for NAND flash storage devices like the microSD cards used in smartphones.

The best candidates tend to have strong performance. Check out SIMO:

  • YTD performance (+88.0%)

  • Historical big money signals

Just to show you what our big money signal looks like, have a look at the top buy signals Silicon Motion has made the past few years.

Blue bars are showing that SIMO was likely being bought by a big money player according to MAPsignals.

When you see a lot of them, I call it the stairway to heaven:

Source: www.MAPsignals.com

But, what about fundamentals? As you can see, Silicon Motion looks strong under the hood:

  • Forward P/E = 15.1

  • 1-year sales growth rate (+45.9%)

Next up is content delivery network company Akamai Inc. (AKAM), which delivers online content (like videos) efficiently and securely.

Check out these technicals for AKAM:

  • YTD performance (+6.7%)

  • Historical big money signals

Let’s look long-term. These are the top buy signals Akamai has made since 2015. Clearly the big money has been liking it for years:

Source: www.MAPsignals.com

Let’s look under the hood. As you can see, Akamai has grown earnings massively:

  • Forward P/E = 19.4

  • 3-year earnings growth rate (+29.6%)

Another name to consider is Applied Materials, Inc. (AMAT), which is a semiconductor supplier whose technologies are used to build complex memory chips and displays.

Strong candidates for growth usually have big money buying the shares. Applied Materials has that. Also, the stock has been a rocket:

  • YTD performance (+82.3%)

  • Recent big money signals

Below are the big money signals AMAT has made since 2015:

Source: www.MAPsignals.com

Now let’s look under the hood. Applied Materials’ earnings growth is impressive. I expect more growth in the coming years:

  • Forward P/E = 19.4

  • 3-year earnings growth rate (+29.6%)

Number four on the list is wireless chipmaker Qualcomm Holdings, Inc. (QCOM).

Here are the technicals jumping out at me:

  • 1-month performance (+10.1%)

  • Historical big money signals

Below are the big money signals for QCOM since 2005. While there isn’t much recent activity, it’s a big money favorite over time:

Source: www.MAPsignals.com

Let’s look under the hood. QCOM has been growing earnings nicely:

  • Forward P/E = 16.9

  • 3-year earnings growth rate (+50.5%)

Our last cheap candidate is Analog Devices, Inc. (ADI), which designs, makes, and sells signal processing circuits found in all kinds of electronic equipment.

Check out these technicals:

  • YTD performance (+26.1%)

  • Historical big money signals

Analog Devices has shown up with top big money signals a lot since 2015:

Source: www.MAPsignals.com

Now look at these juicy growth numbers:

  • Forward P/E = 24.7

  • 1-year sales growth rate (+30.6%)

The Bottom Line

SIMO, AKAM, AMAT, QCOM, & ADI represent top cheap stocks for December 2021. Strong fundamentals and big money buy signals make these stocks worthy of extra attention.

To learn more about MAPsignals’ big money process please visit: www.mapsignals.com

Disclosure: the author holds long positions in AKAM, QCOM, and ADI in managed accounts, long positions in SIMO and QCOM in personal accounts, and no positions in AMAT at the time of publication.

Investment Research Disclaimer

https://mapsignals.com/contact/

This article was originally posted on FX Empire

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