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Zacks Value Investor Highlights: Movado, KB Home, RPC, AFC Gamma and Richardson Electronics
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For Immediate Release
Chicago, IL – September 12, 2023 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2147271/should-you-read-the-intelligent-investor-book
Should You Read "The Intelligent Investor"?
Welcome to Episode #342 of the Value Investor Podcast.
(0:25) - The Book That Changed Warren Buffett’s Life
(4:30) - Benjamin Graham’s Impact On Investing: The Lessons To Learn
(10:10) - Stock Screener: Tracey’s Top Stock Picks
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.
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Value Investor Highlights: Movado, KB Home, RPC, AFC Gamma and Richardson Electronics
For Immediate Release
Chicago, IL – September 12, 2023 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2147271/should-you-read-the-intelligent-investor-book
Should You Read "The Intelligent Investor"?
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.
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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https://www.zacks.com/performance
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.