We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Welcome to Episode #342 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Recently, some investors on X/Twitter have been debating whether they should read Benjamin Graham’s The Intelligent Investor book.
First published in 1949, this is the book that Warren Buffett has said changed his life. He read it at age 19 and went on to work for Benjamin Graham in his 20s. Ben Graham is considered to be the “father” of value investing due to The Intelligent Investor as well as his endorsement of the PEG ratio, which combines both growth and value fundamentals.
Why wouldn’t any investor want to read the book?
It’s about 600 pages and a bit of a slog to get through. Additionally, the last update was nearly 20 years ago, in 2006, so it feels a bit dated again.
Screening for Ben Graham Stocks
Ben Graham is considered one of the great investing “gurus.” Zacks Research Wizard has a guru screen which includes one for Ben Graham.
It’s a more advanced screen than what you would find on Zacks.com screening tool. It does not include the Zacks Rank, which means you could get Zacks Strong Sell and Sell stocks too but the screen does include dividend paying stocks.
Movado Group designs and sells luxury watches globally. On Aug 24, 2023, Movado reported fiscal second quarter 2024 results and lowered full year guidance due to challenging market conditions. As a result, the analysts have cut full year earnings estimates. Movado is expected to see earnings decline 47.2% year-over-year.
But Movado is cheap with a forward P/E of 12.4. It also pays a dividend yielding 5.1%.
KB Home is a national home builder with a market cap of $4 billion. While KB Home shares are up 56.5% year-to-date, earnings in fiscal 2023 are expected to fall 31% as home sales have fallen off of pandemic highs.
KB Home is dirt cheap, with a forward P/E of 7.8. It also pays a dividend currently yielding 1.5%.
AFC Gamma originates and underwrites loans secured by commercial real estate and other types of financing solutions. It specializes in lending to cannabis operators. AFC Gamma is a small cap at $265.7 million.
Earnings of AFC Gamma are expected to fall 17.1% to $2.08 from $2.51 last year. Shares have fallen 16.3% year-to-date. It’s cheap with a forward P/E of 6.3.
AFC Gamma also pays a dividend with a yield of 14.5%.
Should a REIT like AFC Gamma be on your short list?
Richardson Electronics is a distributor and global provider of engineered solutions for green energy, power management, custom display and healthcare markets. It’s a micro-cap company with a market cap of just $169.7 million which has been in business for 75 years.
Shares of Richardson Electronics are down 45.3% year-to-date. One estimate has been cut for the full fiscal year in the last week, pushing the Zacks Consensus down to $0.97 from $1.20. Earnings are expected to fall 30.2% this year.
Richardson Electronics is cheap with a forward P/E of 12.5. It pays a dividend yielding 1.9%.
Should Richardson Electronics be on your short list?
What Else Do You Need to Know About Reading the Intelligent Investor?
Tune into this week’s podcast to find out.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Should You Read the Intelligent Investor Book?
Welcome to Episode #342 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Recently, some investors on X/Twitter have been debating whether they should read Benjamin Graham’s The Intelligent Investor book.
First published in 1949, this is the book that Warren Buffett has said changed his life. He read it at age 19 and went on to work for Benjamin Graham in his 20s. Ben Graham is considered to be the “father” of value investing due to The Intelligent Investor as well as his endorsement of the PEG ratio, which combines both growth and value fundamentals.
Why wouldn’t any investor want to read the book?
It’s about 600 pages and a bit of a slog to get through. Additionally, the last update was nearly 20 years ago, in 2006, so it feels a bit dated again.
Screening for Ben Graham Stocks
Ben Graham is considered one of the great investing “gurus.” Zacks Research Wizard has a guru screen which includes one for Ben Graham.
It’s a more advanced screen than what you would find on Zacks.com screening tool. It does not include the Zacks Rank, which means you could get Zacks Strong Sell and Sell stocks too but the screen does include dividend paying stocks.
This screen returned 18 stocks.
1. Movado Group, Inc. (MOV - Free Report)
Movado Group designs and sells luxury watches globally. On Aug 24, 2023, Movado reported fiscal second quarter 2024 results and lowered full year guidance due to challenging market conditions. As a result, the analysts have cut full year earnings estimates. Movado is expected to see earnings decline 47.2% year-over-year.
But Movado is cheap with a forward P/E of 12.4. It also pays a dividend yielding 5.1%.
Should Movado be on your short list?
2. KB Home (KBH - Free Report)
KB Home is a national home builder with a market cap of $4 billion. While KB Home shares are up 56.5% year-to-date, earnings in fiscal 2023 are expected to fall 31% as home sales have fallen off of pandemic highs.
KB Home is dirt cheap, with a forward P/E of 7.8. It also pays a dividend currently yielding 1.5%.
Should you dive into the home builders this fall?
3. RPC, Inc. (RES - Free Report)
RPC is a holding company for several oilfield services companies. Earnings are expected to rise 15.7% in 2023 to $1.18 from $1.02 last year.
Shares of RPC are down 7.5% year-to-date but it’s cheap, with a P/E of 7.0. It pays a dividend yielding 1.7%.
Should an energy company like RPC be on your short list?
4. AFC Gamma (AFCG - Free Report)
AFC Gamma originates and underwrites loans secured by commercial real estate and other types of financing solutions. It specializes in lending to cannabis operators. AFC Gamma is a small cap at $265.7 million.
Earnings of AFC Gamma are expected to fall 17.1% to $2.08 from $2.51 last year. Shares have fallen 16.3% year-to-date. It’s cheap with a forward P/E of 6.3.
AFC Gamma also pays a dividend with a yield of 14.5%.
Should a REIT like AFC Gamma be on your short list?
5. Richardson Electronics, Ltd. (RELL - Free Report)
Richardson Electronics is a distributor and global provider of engineered solutions for green energy, power management, custom display and healthcare markets. It’s a micro-cap company with a market cap of just $169.7 million which has been in business for 75 years.
Shares of Richardson Electronics are down 45.3% year-to-date. One estimate has been cut for the full fiscal year in the last week, pushing the Zacks Consensus down to $0.97 from $1.20. Earnings are expected to fall 30.2% this year.
Richardson Electronics is cheap with a forward P/E of 12.5. It pays a dividend yielding 1.9%.
Should Richardson Electronics be on your short list?
What Else Do You Need to Know About Reading the Intelligent Investor?
Tune into this week’s podcast to find out.