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 Watch For 2023: Lawson Products Inc.(LAWS)
Lawson Products, Inc. distributes products and services to the industrial, commercial, institutional, and governmental maintenance, repair, and operations marketplace in the United States and Canada. The company also manufactures and distributes production and specialized component parts, fasteners, and fittings to the original equipment marketplace, including the aerospace, off-road equipment, military, and oil and gas exploration industries. In addition, its product categories include specialty chemicals, cutting tools and abrasives, fluid power, aftermarket automotive supplies, electrical, and welding and metal repair. The company also serves customers in the automotive repair, transportation, manufacturing, food processing, distribution, construction, mining, wholesale, and service industries. Lawson Products, Inc. was founded in 1952 and is headquartered in Des Plaines, Illinois.
Advisors’ Opinion:
- [By Joseph Griffin]
Lawson Products (NASDAQ:LAWS) is scheduled to announce its earnings results on Thursday, April 19th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.
Hot Low Price Stocks To Watch For 2023: Bristow Group, Inc.(VTOL)
Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the United States. It also offers commercial and public sector search and rescue services; and other ad hoc helicopter and fixed wing transportation services. As of March 31, 2021, the company had a fleet of 247 aircraft. It also has operations in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom. The company was founded 1948 and is headquartered in Houston, Texas.
Advisors’ Opinion:
- [By ]
Wheels Up Experience (NYSE:UP) and Bristow Group (NYSE:VTOL) are both small-cap aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, analyst recommendations, risk, dividends and valuation.
Hot Low Price Stocks To Watch For 2023: Utah Medical Products, Inc.(UTMD)
Utah Medical Products, Inc. (UTMD), incorporated on April 21, 1978, is engaged in the business of producing medical devices that are disposable and for hospital use. The Company’s product categories include labor and delivery/obstetrics; neonatal intensive care; gynecology/urology/electrosurgery, and blood pressure monitoring. UTMD markets a range of medical devices used in care areas, such as the neonatal intensive care unit (NICU), the labor and delivery (L&D) department and the women’s health center in hospitals, as well as products sold to outpatient clinics and physician’s offices. Domestically, UTMD’s medical devices are sold directly to clinical end user facilities by the Company’s own direct sales representatives and independent manufacturers’ representatives. In addition, some of UTMD’s devices are sold through specialty distributors, national hospital distribution companies and other medical device manufacturers. Internationally, products are sold directly to end users in the United Kingdom, Ireland and Australia, and through other medical device companies and through independent medical products distributors in other countries.
Labor and Delivery/Obstetrics
The Company’s labor and delivery/obstetrics products include fetal monitoring accessories, vacuum-assisted delivery systems (VAD), and other labor and delivery tools. UTMD’s intrauterine pressure (IUP) catheters provide for clinician choices from a fluid-filled system to INTRAN PLUS. In addition, adjunct toco belts and chart paper are provided by UTMD to provide a package of fetal monitoring supplies. UTMD’s IUP catheters include IUP 075, INTRAN and INTRAN PLUS. IUP 075 and UTMD’s other custom fluid-filled clear catheter kits utilize a saline-filled catheter that is placed within the uterine cavity, connected to a separate external reusable or disposable transducer. An intrauterine pressure change is transmitted through the fluid column to the external pressure transducer. INTRAN is the disposable intrauterine pressure catheter that places the pressure transducer at the pressure source within the uterine cavity. The INTRAN PLUS catheter combines the transducer tip concept of INTRAN I with a refined tip design, a zeroing switch that allows the clinician to reset the reference of the monitor, and amnio lumen, which provides access to the amniotic fluid environment, which may be helpful in the diagnosis and intervention of certain fetal conditions. UTMD markets tocodynamometer belts, catheters and accessories.
UTMD’s VAD Systems include soft silicone bell-shaped birthing cups and reusable hand-held vacuum pumps. UTMD’s soft silicone cup is a bell-shaped cup design that should be preferred for fetal well-being in low or outlet fetal stations with occiput anterior presentations. AROM-COT is a finger cover with a prong design to rupture maternal membranes. MUC-X is an aspiration device used immediately after birth to clear neonatal respiratory passages. CORDGUARD is a product, which unifies the multiple steps of clamping the neonate’s cord close to the umbilicus, severing the cord without splattering blood, drawing a clean cord blood sample and assisting in the removal of the placenta. BT-CATH is a uterine balloon tamponade catheter for controlling postpartum hemorrhage. Abcorp toco belts and straps for fetal monitoring by an external tocodynamometer are provided in latex-free form in various configurations. Its UTMD extended product line includes Bari-Belts and Bari-Bands, a series of abdominal belts designed for bariatric patients and bands to accommodate patients of all shapes and sizes. The CVX-Ripe utilizes approximately two adjacent conical silicone balloons, similar to the shape of an hourglass.
Neonatal Intensive Care
The Company’s neonatal intensive care products include DISPOSA-HOOD, DELTRAN PLUS and GESCO. The Company’s DISPOSA-HOOD is an infant respiratory hood that is used in the NICU to administer oxygen to neonates and flush carbon dioxide (CO2). The DISPOSA-HOOD is placed over the infant’s head, which incorporates a round diffusor connection designed to disperse the incoming gases along the inner surfaces of the hood. DISPOSA-HOOD, in contrast to an incubator, allows for access to and visualization of the underdeveloped infant. It also prevents cross-contamination that might occur with an incubator.
UTMD’s DELTRAN blood pressure monitoring system is adapted for use in the NICU. The system features visualization of clearing volume and one-handed use. A class of catheters called umbilical vessel catheters (UVCs) are designed for administering vital medications and fluids immediately following birth through the infant’s umbilical vessel into the inferior vena cava. The catheters are also called umbilical artery catheters (UACs) when placed in one of the umbilical arteries to measure blood pressure or monitor metabolic processes through blood analysis. UTMD’s UVC product line includes catheters made from a thermosensitive polyurethane (Tecoflex). In addition, GESCO provides a catheterization procedure tray of instruments and supplies necessary to place UVC catheters, as well as perform other similar procedures. GESCO develops and markets initial versions of neonatal products. UTMD has added smaller diameter versions of its URI-CATH and NUTRI-CATH products.
The Company’s PICC-NATE product line is designed with the input of neonatal nurse practitioners for use as a long-term indwelling catheter system for single-use, therapeutic central venous infusion of drug solutions, blood products or other fluids and for blood sampling. The silicone PICC-Nate comes in approximately two diameter sizes and over two hub configurations. Other GESCO specialty products include a disposable peritoneal dialysis (PD) set that is a pre-assembled, sterile, closed system, called DIALY-NATE. DIALY-NATE is provided in a form that allows timely PD implementation. Other specialty NICU devices include a silicone oral protection device used to prevent palatal soft tissue injury by orotracheal tubes, called PALA-NATE; a pre-assembled, closed urinary drainage system, called URI-CATH, which reduces risk of infection, and a lumbar sampling kit with a tiny, specially-beveled needle for obtaining cerebral spinal fluid samples, called MYELO-NATE. Its HEMO-NATE is a disposable filter designed to remove microaggregates from stored blood prior to transfusion into a neonate.
Gynecology/Urology/Electrosurgery
The Company’s gynecology/urology/electrosurgery products include LETZ System, FINESSE+ Generator, EPITOME, FILSHIE CLIP System, PATHFINDER PLUS, SUPRAPUBIC CATHETERIZATION, HOLMIUM LASER FIBRES, LIBERTY System, ENDOCURETTE, TVUS/HSG-Cath and LUMIN. The LETZ System (loop excision of the transformation zone) is used to excise cervical intraepithelial neoplasia (CIN) and other lower genital tract lesions related to human papilloma virus (HPV) infections. LETZ provides a tissue specimen for pathological assessment. UTMD’s LETZ System includes disposable electrodes, the FINESSE electrosurgical generator and other miscellaneous components. A disposable loop electrode used to excise the tissue specimen is a pencil like tube with a thin tungsten wire loop attached. The loop is available in varying sizes and includes a Safe T Gauge that can be positioned so the physician can monitor and control the amount of tissue being excised. Its OptiMicro Needles are useful in small-scale plastic and reconstructive surgery applications. Its OptiMicro needle versions are useful in certain head and neck procedures. FILTRESSE is a surgical smoke filtration system. Other electrosurgery tools and accessories include disposable electrosurgical pens, dispersive pads, footswitches, filter packs, speculums, retractors, forceps, tenacula and hooks. Its OptiSpec is an ultra-bright light for cervical visualization without physician distraction during exams, pap smears and other vaginal procedures requiring direct cervical visualization.
The Company’s EPITOME is an electrosurgical scalpel, which delivers performance in surgical incision and excision with hemostasis. The Filshie Clip is a female surgical contraception device used for tubal ligation that is placed on the fallopian tubes, generally laparoscopically but also post partum during a C-Section procedure. PATHFINDER PLUS is an endoscopic irrigation device that allows an uro/gyn surgeon to irrigate, clearing the visual field, with the same hand that controls the endoscope. The Add-a-Cath introducer is a Femcare device designed for suprapubic introduction of a catheter for bladder drainage. As part of its urology product line, Femcare distributes reusable and single patient use laser energy delivery devices, which can transmit both the Holmium and Nd:YAG wavelengths. LIBERTY is a device for the conservative treatment and control of urinary incontinence in women. LIBERTY consists of a battery operated electrical stimulation unit and an intravaginal electrode probe. The tip of the EndoCurette is designed to obtain thorough tissue specimen.
UTMD’s TVUS/HSG-Cath provides cervical occlusion that allows distention of the uterus to differentiate anterior and posterior endometrium, among other irregularities, together with visual obstruction of the uterus near the internal os. In addition, the TVUS/HSG-Cath may be used in hysterosalpingography radiographic procedures to assess the patency of fallopian tubes. Femcare’s Spackman Style uterine cannula is designed for the manipulation of the uterus and injection of fluid to test the patency of the fallopian tubes. LUMIN is a gynecological tool developed by UTMD for manipulating the uterus in laparoscopic procedures.
Blood Pressure Monitoring
The Company’s blood pressure monitoring products include DELTRAN Disposable Pressure Transducer (DPT), and pressure monitoring accessories, components and other molded parts. UTMD develops and distributes its disposable transducer as a component in sterile blood pressure monitoring kits through direct representatives and other medical companies in the United States, as well as independent distributors and other medical device companies internationally. DELTRAN PLUS provides a closed system for blood sampling. Components included in blood pressure monitoring kit configurations include flush devices, stopcocks, fluid administration sets, caps, pressure tubing, interface cables and organizers. The Company sells similar components designed for other medical device company applications, which incorporate UTMD’s technologies and designs. DELTA-CAL is a calibration device used to check proper functioning of an arterial pressure system. In addition, UTMD sells plastic molded parts on a subcontract basis to a range of medical and non-medical device companies. UTMD performs subcontract assembly, testing and packaging of components.
Advisors’ Opinion:
- [By Joseph Griffin]
Utah Medical Products (NASDAQ:UTMD) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday.
- [By Max Byerly]
Utah Medical Products, Inc. (NASDAQ:UTMD) CEO Kevin L. Cornwell sold 8,080 shares of the firm’s stock in a transaction on Friday, June 15th. The stock was sold at an average price of $107.07, for a total value of $865,125.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Hot Low Price Stocks To Watch For 2023: Simulations Plus, Inc.(SLP)
Simulations Plus, Inc. designs, develops, and markets drug discovery and development software for mechanistic modeling and simulation. It offers GastroPlus that simulates the absorption, pharmacokinetics, and pharmacodynamics of drugs administered to humans and animals; DDDPlus, which simulates in vitro laboratory experiments that measure the rate of dissolution of the drug and additives in a dosage form; and MembranePlus that simulates laboratory experiments. The company also provides PKPlus, a standalone program that provides the functionality needed by pharmaceutical industry scientists to generate the analyses and outputs to satisfy regulatory agency requirements for NCA and compartmental pharmacokinetics; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher that integrates with MedChem Studio and ADMET Predictor. In addition, it offers MedChem Studio, a tool for data mining and designing new molecules; and KIWI, a cloud-based Web application that organizes, processes, maintains, and communicates the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program. Further, the company provides consulting services ranging from early drug discovery through preclinical and clinical trial data analysis, and reporting to regulatory agencies; and population modeling and simulation contract research services for the pharmaceutical and biotechnology industries. It offers software and services to pharmaceutical, biotechnology, agrochemical, and food companies, as well as regulatory agencies in North America, South America, Europe, Japan, Australia, New Zealand, India, Singapore, and the Peoples Republic of China. Simulations Plus, Inc. was founded in 1996 and is headquartered in Lancaster, California.
