As if finding bargain-priced stocks in a sky-high market weren��t difficult enough, investors who hunt for undervalued names face the threat of succumbing to value traps. These stocks masquerade as temporarily beaten-down shares of promising companies, but are, in fact, trading at depressed prices because of long-term problems with the business. The difference between true value plays and value traps becomes apparent in hindsight: The former eventually bounce back, while value traps continue to sag.
See Also: 7 Bargain Stocks in Today's Pricey MarketPicking the winners is often more art than science. Start by asking yourself two questions, advises John Linehan, who manages a number of value-oriented mutual funds at T. Rowe Price. First, do the company��s problems seem fixable within a time frame you can live with? If the answer is yes, the stock deserves further consideration. Second, imagine that the company didn��t exist, then ask yourself if people would care. If the answer is no, says Linehan, you��re probably looking at a company without staying power.
Top Undervalued Stocks To Invest In 2019: BP Prudhoe Bay Royalty Trust(BPT)
Advisors' Opinion:- [By Joseph Griffin]
News headlines about BP Prudhoe Bay Royalty Trust (NYSE:BPT) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BP Prudhoe Bay Royalty Trust earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 46.2072909143413 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
- [By Dan Caplinger]
The stock market had a tumultuous session on Wednesday, as major benchmarks started the day weak but bounced back in the afternoon. Investors weren't happy with the current state of geopolitical uncertainty, with trade disputes threatening to become larger problems than ever. But the release of the minutes of the latest meeting of the Federal Reserve's monetary policy committee convinced many that the central bank will be slow to do lasting damage to the economic expansion, remaining measured in the pace of its interest rate increases. Moreover, some companies had good news that sent their shares higher. Tiffany (NYSE:TIF), BP Prudhoe Bay Royalty Trust (NYSE:BPT), and Ralph Lauren (NYSE:RL) were among the best performers on the day. Here's why they did so well.
- [By Sean Williams]
As a case in point, consider BP Prudhoe Bay Royalty Trust (NYSE:BPT), which is currently paying out an extrapolated $5.10 a year, based on the $1.275 per share it divvied out in April. This is good enough for a better than 17% annual yield, albeit it should be noted that the Trust's payout differs each quarter depending on its royalty revenue and cash earnings.�
Top Undervalued Stocks To Invest In 2019: Rigel Pharmaceuticals Inc.(RIGL)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Rigel Pharmaceuticals (RIGL)
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- [By Dan Caplinger]
Thursday ended in the red for most major benchmarks on Wall Street, with the Dow trading down by triple digits at times before climbing back toward the close. After having bounced back sharply in recent days, stocks seemed to lose upward momentum, and interest rate fears returned to the market. The yield on the 10-year Treasury bond once again moved above the 2.9% mark, and shorter-term Treasurys had yields reach levels they haven't seen in years. Yet even though the overall market was ready to take a break, some companies still enjoyed good news that lifted their shares. Bank of New York Mellon (NYSE:BK), Snap-on (NYSE:SNA), and Rigel Pharmaceuticals (NASDAQ:RIGL) were among the best performers on the day. Here's why they did so well.
- [By Logan Wallace]
Rock Springs Capital Management LP raised its holdings in Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) by 4.0% in the first quarter, Holdings Channel reports. The fund owned 2,575,000 shares of the biotechnology company’s stock after buying an additional 100,000 shares during the period. Rock Springs Capital Management LP’s holdings in Rigel Pharmaceuticals were worth $9,116,000 at the end of the most recent reporting period.
Top Undervalued Stocks To Invest In 2019: Valmont Industries, Inc.(VMI)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on Valmont Industries (VMI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Schroder Investment Management Group cut its stake in Valmont Industries (NYSE:VMI) by 1.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 689,795 shares of the industrial products company’s stock after selling 9,086 shares during the period. Schroder Investment Management Group owned approximately 3.06% of Valmont Industries worth $100,917,000 as of its most recent SEC filing.
Top Undervalued Stocks To Invest In 2019: Stamps.com Inc.(STMP)
Advisors' Opinion:- [By Timothy Green]
Shares of Stamps.com (NASDAQ:STMP) slumped on Thursday after the Trump administration proposed a federal government reorganization, including an overhaul and potential privatization of the U.S. Postal Service. The stock was down 10.2% when the market closed.
- [By Steve Symington]
Stamps.com Inc. (NASDAQ:STMP) announced strong first-quarter 2018 results on Thursday after the market closed, sending shares up nearly 4% on Friday in response. To be sure, Stamps.com's focus on its thriving shipping business continues to yield fruit, helped by a steadily growing base of loyal customers. The internet-based mailing and shipping services specialist also increased its full-year earnings outlook.
- [By Ethan Ryder]
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