Many investors look for the lower price shares because many believe that the percentage gains can be bigger. If the companies are debt free and the shares trade below book value, it helps to reduce the risk. WallStreetNewsNetwork.com has come out with a list of over
20 stocks meeting that selling below book and and have no debt, all selling for less than $10 a share, and market caps over $150 million. Here are some examples:
Gran Tierra Energy, Inc. (GTE) is an oil and gas company with operations in South America. This debt free company sells for 72% of book value and has a forward PE of 5.
Integrated Device Technology, Inc. (IDTI) makes and sells various mixed-signal semiconductor solutions. This company has no debt and trades for 65% of book value. The stock has a forward PE of 59.
MSC Software Corporation (MSCS) creates and sells simulation software, such as MSC.Nastran, Patran, Adams, and Marc software. They sell for 88% of book value and are debt free. The forward PE is 125.
AnnTaylor Stores Corp. (ANN) the retailer of women's clothing, sells for 94% of book value and has no debt, with $112 million in cash.
For a list of over
20 stocks selling for less than $10 a share, debt free, and selling below book value, go to wsnn.com.
Author does not own any of the above at the time this was written.By
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