LONDON -- Tesco
After trading as high as 385 pence in May, shares in�Tesco� (LSE: TSCO ) (NASDAQOTH: TSCDY ) were today down at 328 pence. That's a 15% fall in just one month. However, Tesco's low price-to-earnings ratio and significant dividend yield will now be attracting value and income investors.
Tesco is forecast to pay a dividend of 15.2 pence for the full year. At today's price, that's a 4.6% yield. If the supermarket manages to hit expectations for the year of 32.9 pence, the forecast P/E is just 10. According to my statistics, only nine other shares in the FTSE 100 are cheaper on both metrics.
Tesco is not excruciatingly cheap. That said, it's more than three years since the shares spent any meaningful time under 300 pence.
Croda International
Croda International� (LSE: CRDA ) is one of the FTSE 100's great success stories. Five years ago, the company had just reported 33.5 pence of earnings per share and the shares traded hands for 631 pence. Fast-forward to today, and 137 pence of EPS is expected for the full year. The shares are now priced at 2,260 pence.
Best Low Price Stocks For 2014: Schnitzer Steel Industries Inc.(SCHN)
Schnitzer Steel Industries, Inc. engages in recycling ferrous and nonferrous scrap metals, and used and salvaged vehicles; and manufacturing finished steel products. The company operates through three segments: Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB). The MRB segment involves in the purchase, collection, processing, recycling, sale, and broking of ferrous scrap metals. It processes mixed and large pieces of scrap metal into smaller pieces by sorting, shearing, shredding, and torching. This segment?s products include ferrous products, including ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous scrap metals, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products, such as zorba (mixed nonferrous material) and zurik (stainless steel). The MRB segment sells its products to steel mills and smelters. The APB segment purchases used and salvaged vehicles and sells serviceable used auto parts from these vehicles through its 45 self-service auto parts stores, which are located across the United States and western Canada. It also sells other vehicles, including auto bodies; cores, such as engines, transmissions, alternators, and catalytic converters; and nonferrous materials to metal recyclers. The SMB segment engages in the purchase of recycled metal, and processing of the recycled metal and other raw materials into finished steel products. Its product portfolio comprises semi-finished goods and finished goods consisting of rebar, coiled rebar, wire rod, merchant bar, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood product suppliers. The company exports its products worldwide. Schnitzer Steel Industries, Inc. was founded in 1946 and is based in Portland, Oregon.
Advisors' Opinion:- [By Rich Smith]
If you want to know what the future holds for global steel giants like Arcelor Mittal (NYSE: MT ) , U.S. Steel (NYSE: X ) , and Nucor (NYSE: NUE ) , one of the best ways you can spend your time, I suspect, is by reviewing the earnings reports of another company entirely -- Schnitzer Steel (NASDAQ: SCHN ) .
Best Low Price Stocks For 2014: Hollywood Media Corp.(HOLL)
Hollywood Media Corp. primarily provides advertising services. The company?s Ad Sales segment sells advertising on plasma TV displays; and on lobby display posters, movie brochure booklets, and ticket wallets distributed in cinemas, live theater, and other entertainment venues in the United Kingdom and Ireland. This segment also holds a 26.2% ownership interest in the MovieTickets.com, a seller of online movie tickets. Its Intellectual Properties segment owns or controls the rights to certain intellectual properties created by various authors and media celebrities, which it licenses for book and other media. This segment also owns a 51% interest in Tekno Books, a book development business. The company was founded in 1993 and is headquartered in Boca Raton, Florida.
5 Best Low Price Stocks To Own Right Now: Torch Energy Royalty Trust(TRU)
Torch Energy Royalty Trust, a grantor trust, holds net profits interests, to receive payments from the working interest owners. Its working interest owners include Torch Royalty Company, Torch E&P Company, Samson Lone Star Limited Partnership, and Constellation Energy Partners LLC. The trust is entitled to receive 95% of the net proceeds attributable to oil and natural gas produced and sold from wells on the underlying properties, including Chalkley Field in Louisiana; the Robinson?s Bend Field in the Black Warrior Basin in Alabama; Cotton Valley Fields in Texas; and Austin Chalk Fields in central Texas. Torch Energy Royalty Trust was founded in 1993 and is based in Wilmington, Delaware.
Best Low Price Stocks For 2014: Ceragon Networks Ltd.(CRNT)
Ceragon Networks Ltd. offers wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave technology to transfer large amounts of telecommunication traffic between base stations and the core of the service provider?s network. The company offers Internet protocol (IP) based FibeAir IP-10E/IP-MAX2, a high-capacity Ethernet that is used in wireless backhaul for carriers, private networks, and metro area networks; FibeAir IP-10G/IP-MAX2, a high-capacity multi-service, which is used in wireless backhaul for carriers and private networks; FibeAir 2000/4800, an unlicensed multi-service for private networks and business access; FibeAir/1500R, a high-capacity SDH/SONET for wireless backhaul and metro area networks; and FibeAir 3200T, a high-capacity circuit-switched TDM for wireless backhaul and long distance networks. It also provides advanced pure IP/Ethernet solu tions to wireless broadband service providers, as well as to businesses and public institutions that operate their own private communications networks. In addition, the company offers turnkey project services, including network and radio planning, site survey, solutions development, installation, maintenance, and training services. It sells its products through various channels, including direct sales, original equipment manufacturers, resellers, distributors, and system integrators in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.
Best Low Price Stocks For 2014: Somaxon Pharmaceuticals Inc.(SOMX)
Somaxon Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on the in-licensing, development, and commercialization of proprietary branded products and late-stage product candidates for the treatment medical conditions in the central nervous system therapeutic area. Its product includes Silenor for the treatment of insomnia characterized by difficulty with sleep maintenance. The company sells its products to wholesale distributors in the United States. Somaxon Pharmaceuticals, Inc. was founded in 2003 and is headquartered in San Diego, California.
Advisors' Opinion:- [By CRWE]
Somaxon Pharmaceuticals, Inc. (Nasdaq:SOMX), a specialty pharmaceutical company, will release its financial results for the third quarter ended September 30, 2012 on Wednesday, October 31, 2012 after the close of the U.S. financial markets.
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