Below are the screen results of stocks that have a book value per share that is more than its price per share. Like last time, I just want stocks selling at HALF their book value. Also, I wanted only those stocks that are showing an increase in interest from the institutions (i.e. they are gobbling up the shares), along with the volume to support it.
There are a few REIT’s in the results, more than I care for quite honestly, as I have never really been a fan of trading these types of stocks. Other trends noticed were the presence of foreign banks as well as regional banks, along with those stocks related to construction and home building.
Take a look at these stocks on the chart, and you will notice that a number of these have recently broken through critical resistance areas, and are now on a breakout. Not a bad scenerio to have on your hands when the stock is selling at less than half the book value of the stock’s share price.
Click Here to See the Stocks Flying Under the Radar.
