Bank stocks were the last place any investor wanted to be during the financial crisis. However, as balance sheets have improved, bank stocks have gone on an impressive run. Despite the recent gains, many of the big banks are still trading at deep discounts when compared to their historical valuations.
In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson identify which banks are the cheapest and debate how much upside these megabanks have over the next five years.�
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
Top 10 Cheapest Stocks To Buy For 2014: Insteel Industries Inc.(IIIN)
Insteel Industries, Inc. manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a high strength seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pre-tensioned or post-tensioned, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company?s WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products comprise concrete pipe reinforcement, an engineered made-to-order product that is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; engineered structural mesh, an engineered m ade-to-order product, which is used as the primary reinforcement for concrete elements or structures; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. Insteel Industries sells its products through sales representatives to the manufacturers of concrete products, distributors, and rebar fabricators in the United States, Canada, Mexico, and Central and South America. The company was founded in 1958 and is headquartered in Mount Airy, North Carolina.
Top 10 Cheapest Stocks To Buy For 2014: SVB Financial Group(SIVB)
SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. The company offers deposit products, such as traditional deposit and checking accounts, certificates of deposit, money market accounts, and sweep accounts, as well as lockbox and merchant services; and lending products and services, including traditional term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credits, capital call lines of credits, and credit cards. It also provides cash management products and services comprising wire transfer and automated clearing house payment services, collection services, disbursement services, electronic funds transfers, and online banking services. In addition, the company offers foreign exchange services; letters of credit, including export, import, and standby letters of credit; investment services and solutions; brokerage; asset management; investment a dvisory services, such as outsourced treasury services; and non-banking products and services, such as funds management, venture capital/private equity investment, and equity valuation services. Further, it provides private banking services comprising mortgages, home equity lines of credit, restricted stock purchase loans, and other secured and unsecured lending services. As of March 09, 2012, the company operated 26 offices in the United States and 7 offices internationally. It serves customers in the technology, venture capital/private equity, life science, wine, and clean tech industries. The company was founded in 1982 and is headquartered in Santa Clara, California.
Best Telecom Stocks To Invest In Right Now: RECORD PLC ORD GBP0.00025 WHEN ISSUED(REC.L)
Record plc engages in the provision of currency management services for the institutional clients primarily in the United Kingdom, the United States, and Switzerland. It offers various services comprising currency for return and currency hedging services, as well as provides currency transaction analysis or currency audit services. The company also offers management services to other Group undertakings, as well as operates as a trust company. Record plc was founded in 1983 and is based in Windsor, the United Kingdom.
Top 10 Cheapest Stocks To Buy For 2014: J.C. Penney Company Inc. Holding Company(JCP)
J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating. The company also sells its products through its Internet Web site, jcp.com. J. C. Penney Company, Inc. has strategic alliance with Martha Stewart Living Omnimedia, Inc. As of December 7, 2011, it operated approximately 1,100 department stores. The company was founded in 1902 and is based in Plano, Texas.
Advisors' Opinion:- [By Nelson]
JC Penny is what they call a consumer discretionary stock. These are companies that do well during good economic times because they sell stuff that people don’t absolutely need. I like JC Penny in particular because they have not been doing well. Yes, that’s right. I like them because of their failure. That is because they are turning their failure into an opportunity and the best success stories start out that way. In their failure, they have hired a master retailer to become it’s next CEO. Ron Johnson has been the brains behind Apple’s spectacular success with their retail stores. He also has a design background, which you can see when you walk into an Apple store. If you wonder what his potential contributions could be, just walk into one of their stores and get the Apple experience. Johnson is an innovator and I think he’s going to lead a retailing revolution.
- [By Roberto Pedone]
One stock that's quickly moving within range of triggering a major breakout trade is J.C. Penney(JCP), which sells merchandise and services to consumers through its department stores and Direct channels. This stock has been hit hard by the sellers during the last six months, with shares off by 15.2%.
If you take a look at the chart for J.C. Penney, you'll notice that this stock has been uptrending strong for the last month, with shares soaring higher from its low of $13.55 to its recent high of $17.88 a share. During that uptrend, shares of JCP have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of JCP within range of triggering a major breakout trade.
Traders should now look for long-biased trades in JCP if it manages to break out above some near-term overhead resistance levels at $17.88 to its gap down day high from February at $18.34 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 19.62 million shares. If that breakout triggers soon, then JCP will set up to re-fill its previous gap down zone above $18.34 that started above $21 a share. Some possible upside targets if JCP gets into that gap with volume are $21 to $23 a share.
Traders can look to buy JCP off any weakness to anticipate that breakout and simply use a stop that sits right around $16 a share, or near its 50-day at $15.63 a share. One could also buy JCP off strength once it takes out those breakout levels with volume and then simply use a stop right below $17 a share.
This stock has big time short-squeeze potential, since the current short interest as a percentage of the float for JCP is extremely high at 24.3%. The bears are going to be very nervous if JCP trades into that gap with volume, so be ready to play it if it does.
Top 10 Cheapest Stocks To Buy For 2014: Agnico-Eagle Mines Limited(AEM)
Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. The company primarily explores for gold, as well as silver, copper, zinc, and lead. Its flagship property includes the LaRonde mine located in the southern portion of the Abitibi volcanic belt, Canada. The company was founded in 1953 and is based in Toronto, Canada.
Advisors' Opinion:- [By Vatalyst]
With headquarters in Canada, Agnico-Eagle is a gold producer that has been around for a while with operations in Canada, Finland and Mexico and the United States that has paid a cash dividend for 29 consecutive years. AEM gained 25% over the year and reported 83.5% growth in quarterly earnings. It has a market capitalization of $11.4 billion and a trailing P/E ratio of 34x with expectations of earning $0.55 per share. AEM, like other operators like it, are likely a better bet than ETF trust options like SPDR Gold Shares (GLD).
Top 10 Cheapest Stocks To Buy For 2014: Horizon Lines Inc.(HRZ)
Horizon Lines, Inc., through its subsidiaries, provides container shipping and integrated logistics services. It ships a range of consumer and industrial items, such as refrigerated and non-refrigerated foodstuffs, household goods, auto parts, building materials, and other materials used in manufacturing. The company offers container shipping services to ports within the continental United States, Puerto Rico, Alaska, Hawaii, Guam, the U.S. Virgin Islands, and Micronesia. Its integrated logistics services comprise rail, truck brokerage, warehousing, distribution, expedited logistics, and non-vessel operating common carrier operations. Horizon Lines, Inc. also offers terminal services. The company operates terminals in Alaska, Hawaii, and Puerto Rico; contracts for terminal services in seven ports in the continental United States; and the ports in Guam, Yantian, and Xiamen, China, as well as Kaohsiung, Taiwan. In addition, it offers inland transportation services. As of Dec ember 20, 2009, the company owned or leased approximately 20 vessels and 18,500 cargo containers. Horizon Lines, Inc. serves consumer and industrial products companies, as well as various agencies of the U.S. government, including the Department of Defense and the U.S. Postal Service. The company was founded in 1956 and is based in Charlotte, North Carolina.
Advisors' Opinion:- [By Hutchinson]
Horizon Lines (NYSE: HRZ) is the largest oceangoing shipping company in the United States with a dominant market position along protected shipping lanes. One look at the steady resurgence in shipping demand, coupled with the company’s improving financials, and it seems the worst is behind them — making now the perfect time to scoop up this stock at a discount.
HRZ is up almost 30% since September, and I expect it to continue moving higher. Recent data show more goods are being manufactured, and they need to be shipped. Horizon will be one of the biggest beneficiaries.
Buy HRZ on pullbacks under $5.
Top 10 Cheapest Stocks To Buy For 2014: Jackspeed Corporation Limited (J17.SI)
Jackspeed Corporation Limited, an investment holding company, engages in the production and sale of automotive leather trim in Singapore, Europe, Malaysia, Thailand, and internationally. The company designs and installs automotive leather trims; and provides leather wrapping for interior parts, such as steering wheels, consoles, and shift knobs. It also manufactures, assembles, and supplies automobile component parts; and produces and sells leather and fabrics covers and interior refurbishment for use in aviation industry. In addition, the company engages in the aircraft seat upholstery maintenance; and overhaul and retrofitting for private jets, commercial planes, and helicopters, as well as marine upholstery for pleasure crafts. Further, it is involved in the trading of used motor vehicles; financial leasing of new and used motor vehicles; and rental of motor vehicles, as well as acts as commission agents of second hand motor vehicles. The company sells its products to t he car distributors; dealers; and manufacturers and original equipment manufacturers in automobile and aviation industries. Jackspeed Corporation Limited was founded in 1993 and is headquartered in Singapore.
Top 10 Cheapest Stocks To Buy For 2014: Altius Minerals Corp (ALS.TO)
Altius Minerals Corporation operates in the mining and resources sector in eastern Canada. It owns various exploration stage royalty interests in properties prospective for nickel-copper cobalt, iron ore, uranium, gold, and other base metals; and holds active mineral exploration agreements targeting various mineral commodities. The company also has investments in junior exploration and development stage companies. Altius Minerals Corporation was founded in 1997 and is headquartered in St. John�s, Canada.
Top 10 Cheapest Stocks To Buy For 2014: Opmedic Group Inc Com Npv (OMG.TO)
OPMEDIC Group Inc. provides healthcare related services primarily in Canada. It offers professional fertility services; laboratory and genetic services; diagnostic laboratory services, primarily prenatal screening; cytogenic tests designed to improve healthcare as an aid to prenatal screening and can be performed on peripheral blood, amniotic fluid, and bone marrow; and other cytology and genetic testing. The company also provides surgical and endoscopic services, such as general surgery, otorhinolaryngology, gynecology, urology, digestive endoscopy, and plastic and cosmetic surgery; and facilities for patients and surgeons. In addition, it offers sperm banking services. The company was formerly known as Repro Clinics Inc. and changed its name to OPMEDIC Group Inc. in October 2005. OPMEDIC Group Inc. was founded in 2001 and is headquartered in Mount-Royal, Canada.
Top 10 Cheapest Stocks To Buy For 2014: Internet Initiative Japan Inc.(IIJI)
Internet Initiative Japan Inc., together with its subsidiaries, provides Internet connectivity, WAN, outsourcing, and systems integration services to customers primarily in Japan. Its Internet connectivity services include services for corporate use, such as IP services and data center connectivity services, broadband Internet connectivity services, dial-up access services, IIJ mobile services, and IIJ ISDN/F and IIJ line management/F services; and connectivity services for home use consisting of IIJ4U, IIJmio, and hi-ho. The company?s outsourcing services comprise security-related outsourcing services that protect customer network systems from unauthorized access and secure remote connections to internal networks; network-related outsourcing services, such as Internet-virtual private network, and router rental; server-related outsourcing services, including Web hosting, e-mail hosting, document storage, and streaming; data center-related outsourcing services consisting o f data center facility, and management and monitoring; and customer support and help desk solutions, and IP phone services. It also provides systems integration services, which include consulting, project planning, systems design, and development of network systems, primarily focusing on Internet business systems, and Intranet and Extranet corporate information systems; and systems operation and maintenance services. In addition, the company sells network-related equipment, as well as provides automated teller machine (ATM) services. As of June 30, 2011, it operated 9 points of presence (POPs) for dedicated access and 1 POP for nationwide dial-up access. The company also operates approximately 280 ATMs and 16 Internet data centers. Internet Initiative Japan Inc. was founded in 1992 and is headquartered in Tokyo, Japan.
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