Hot Low Price Stocks To Buy For 2023


If you’re on the hunt for value stocks to buy, you’ve come to the right place.

In an ode to Ben Graham, arguably the father of investing, I’m going to pull together a list of 10 stocks trading below book value that I believe will appreciate over the next 12 to 24 months.

However, it’s not going to be easy.

I came across an online Barron’s article that discussed the difficulty of buying stocks below book value, as Graham did back in his prime.

Michael Green, portfolio manager at Moody Aldrich Partners “notes that just 6% of New York Stock Exchange companies now trade under book value, versus 25% in March 2000, when the major averages peaked (Green excludes closed-end and bond funds in making this calculation.),” Andrew Bary wrote in 2004.

“Cheap stocks actually were more plentiful during the market bubble than they are now, due to the narrow breadth of the technology-led market advance in 1999 and early 2000. Over the past 75 years, low price-book stocks on the Big Board were most abundant at the historic market bottoms of 1932 and 1975.”

Hot Low Price Stocks To Buy For 2023: Towne Bank(TOWN)


TowneBank, through its subsidiaries, provides retail and commercial banking services for individuals, and small and medium-size businesses in southeastern Virginia and northeastern North Carolina. The company operates in three segments: Banking, Realty, and Insurance. It accepts various deposits products, including checking accounts, negotiable order of withdrawal accounts, demand and time deposits, savings accounts, money rate savings, daily money market accounts, long-term certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; fixed- and floating-rate mortgage loans; and real estate construction and acquisition loans. It also provides safe deposit boxes, cash management, travelers’ checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as Internet, mobile, and on-call banking services. In addition, the company offers documentation to accomplish tax deferral to investors; asset management and commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options, such as alternative investments, annuities, margin accounts, convertible bonds, and pension and profit sharing plans. Further, it provides residential real estate, resort property management, and commercial and residential title insurance services; and originates various mortgage loans. Additionally, the company offers life, property, casualty, and vehicle insurance services; travel, medical, and baggage protection insurance for travelers; and employee benefit programs, such as medical, dental, vision, and disability insurance. TowneBank was founded in 1998 and is based in Portsmouth, Virginia.


Advisors’ Opinion:

  • [By Shane Hupp]

    SPX Flow (NYSE:FLOW) and NIPPON Stl & SU/S (OTCMKTS:NSSMY) are both industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, dividends, risk, institutional ownership, profitability and valuation.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on SPX Flow (FLOW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    SPX Flow (NYSE:FLOW) and NIPPON Stl & SU/S (OTCMKTS:NSSMY) are both industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, profitability, institutional ownership, analyst recommendations, valuation, dividends and risk.

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