Value Stocks
Trading on a TTM PE of 9 with a stock price of $40.62, Mylan (MYL) looks like good value. Leerink, the investment bank that specializes in healthcare seem to think so. The bank upgraded MYL to “Outperform” this week with a target price of $52. Leerink say Mylan’s biosimilars/complex products pipeline is shaping up to be one of the strongest in the industry and should enable low double digit EPS growth over the next 5 years.
Tailored Brands Inc TLRD is a men’s specialty apparel retailer in the United States and Canada with brands including Men's Wearhouse, Jos. A. Bank, Joseph Abboud, Moores Clothing for Men and K&G Fashion Superstores. FY2017 saw impressive growth with 2.5% comparable sales growth and a 23% increase in adjusted EPS to $2.20. The company also guided that 2018 EPS would increase about 10% to between $2.35-$2.50. With the stock closing at $28.55 on Friday it looks like good value.
Naspers is a global internet and entertainment group based in South Africa but with the vast majority of its assets outside Africa. The stock has an ADR listing in London and OTC ADR in the US. The interesting thing about this company is it has a $155 billion holding in Chinese internet giant Tencent but has a market cap of just $103.1 billion. Thats a big discount for investors willing to take on a bit of South Africa risk.
Insider Buying Radio broadcaster Entercom $ETM Chairman Emeritus Joseph Field bought $3.64mn shares in a filing on Wednesday. Canny investors may want to follow him. Mr Field seems to buy into the company’s guidance that EBITDA will rise 70% over the next 2 years and consensus forecasts that predict EPS will grow by over 20% over the next couple of years. With a TTM PE of c.13.5 the stock looks cheap.
For the record, I don’t own these stocks. I am not being paid to write this. I am not a bot. I just found the ideas interesting. This post is not a recommendation to buy or sell any security or derivative. Stocks are not suitable for all investors. Please do your own research.
Submitted April 14, 2018 at 10:01AM by InterestingNews1 https://ift.tt/2JKikJz
