For Immediate Release
Chicago, IL – April 05, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include BlackRock Capital Investment Corporation (BKCC), Seadrill Partners LLC (SDLP), Renewable Energy Group, Inc. (REGI), First Bancorp (FBP) and Mid-Con Energy Partners, LP (MCEP).
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Here are highlights from Monday’s Analyst Blog:
Best Stocks Under $10 with P/Es Less than 10
If you're looking to invest but don't have thousands to pour into the market, lower priced stocks can be equally good bets. Also, if things don't work out, your risk will be limited as you don’t have to invest much.
Some investors view stocks under $10 as cheap just because they see a single-digit number. Of course, this isn't the case, as the actual price of the stock has nothing to do with the actual value of the company.
A price-to-book (P/B) ratio below one and a price-to-earnings (P/E) ratio below 10 are simply too good to pass up in such cases.
The Winning Strategy
With the help of our style score system, we have shortlisted stocks that hold immense growth potential. Today we’ve highlighted seven stocks that are currently trading under $10 per share and have a P/E below 10. All of these stocks currently have a Zacks Rank #1 (Strong Buy) or #2 (Buy). These companies stand out with strong upside potential. So let’s dig in!
BlackRock Capital Investment Corporation (BKCC)
Current Price: $9.56
BlackRock Capital Corporation provides responsive, creative and flexible capital solutions to middle-market companies. BlackRock Kelso Capital provides middle-market companies with flexible financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.
The company sports a Zacks Rank #1. Currently, BlackRock has Growth and Momentum score of “B” as per our style score system. The stock is also supported by an impressive price/book of 0.94, as well as impressive 20% earnings surprise in its last reported quarter.
Seadrill Partners LLC (SDLP)
Current Price: $3.26
Seadrill Partners is engaged in owning, operating and acquiring offshore drilling rigs and could be an interesting play for investors. This is because Seadrill Partners has a Growth and Momentum score of “B” as per our Style Score system. The stock is also supported by an impressive price/book of 0.12, and recent earnings surprise of 77.8%. The company is a Zacks Rank #2 stock.
Renewable Energy Group, Inc. (REGI)
Current Price: $9.48
Headquartered in Ames, IA, Renewable Energy Group Inc. is a biodiesel manufacturer and marketer. The company is focused on converting natural fats, oils and greases into biodiesel. It sells REG-9000 biodiesel to distributors throughout the United States. The stock currently has a Zacks Rank #1 and a Value and Momentum Score of “B.” The stock currently has a price/book of 0.68 and a long-term earnings growth rate of 15%.
First Bancorp (FBP)
Current Price: $2.89
First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices, the company has been offering a telephone information service called Telebanco since 1983. This was the first telebanking service offered in Puerto Rico. The company is a Zacks Rank #2 stock. Currently, BlackRock has a Value Score of “A," and the stock is also supported by an impressive price/book ratio of 0.37, as well as a long-term earnings growth rate of 8.7%.
Mid-Con Energy Partners, LP (MCEP)
Current Price: $2.13
Mid-Con Energy Partners LP owns, operates, acquires, exploits and develops producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the United States. The company is based in Tulsa, OK. Holding a Zacks Rank #2 and a Value and Momentum Style Score of A, the company has surged nearly 86.8% year-to-date. The stock currently has a price/book ratio of 0.49 with a long-term earnings growth rate of 8.7%.
For smaller investors looking to get into solid stocks at lower prices, the abovementioned picks are good options to start with as these could yield impressive returns going forward.
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BLACKROCK KELSO (BKCC): Free Stock Analysis Report
SEADRILL PTNRS (SDLP): Free Stock Analysis Report
RENEWABLE ENERG (REGI): Free Stock Analysis Report
FIRST BNCRP P R (FBP): Free Stock Analysis Report
MID-CON ENERGY (MCEP): Free Stock Analysis Report
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