In his book One up on Wall Street, Peter Lynch mentions many features of an undervalued stock. I want to use the below 3 ideas to scan for stocks:
- There is a low percentage of shares held by institutions
- There is low analyst coverage
- Constantly beating earnings expectations (if there are any)
I am wondering if these ideas are still valid or there are only penny stocks of shady companies with no analyst coverage nowadays. The problematic part is finding information on how many analysts are covering a stock. unfortunately finviz only shows "Analyst Recommendation" but not how many analysts are covering the stock.
Submitted May 25, 2020 at 02:44PM by wsace https://ift.tt/2zjZb0U
