The 4 Most Intriguing Value Stocks On The NYSE – Forbes

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Limiting the research to just those stocks listed on the New York Stock Exchange — and which seem to qualify as “value” stocks based certain qualities inherent in the old school Benjamin Graham-style criteria –here are 4 that look intriguing:

Seaspan Corporation is a Hong Kong based shipping company now trading at half its book value and with a price/earnings ratio of only 8.3 — a much, much lower p/e than that of the S&P 500. These 2 metrics make it appear to be qualified as a value stock.

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Seaspan chart.

You would have to be concerned that the firm’s level of debt presently exceeds shareholder equity. But Seaspan had a solid 5-year earnings record and last year was excellent. The company is paying a 6.44% dividend. The short float now sits at 8.7%. Their new Chief Financial Officer, Ryan Cameron Courson, is a mere 29 years old.

Rice Midstream Partners LP is in the oil and gas pipelines business with headquarters in Pittsburgh. I think it fits into the value stock profile with its price/earnings ratio of 10 and with shares now available for purchase at 85% of book value.

stockcharts.com

Rice Midstream chaart

The company is 39% insider owned and average trading volume is much lighter than most NYSE-listed stocks. Their 5-year and 1-year earnings history is solidly positive. A 6.48% dividend is being paid. Debt levels are low. Rice Midstream has a short float of 6.1%.  The stock traded at 22 in January and has dropped to around 18.

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Limiting the research to just those stocks listed on the New York Stock Exchange — and which seem to qualify as “value” stocks based certain qualities inherent in the old school Benjamin Graham-style criteria –here are 4 that look intriguing:

Seaspan Corporation is a Hong Kong based shipping company now trading at half its book value and with a price/earnings ratio of only 8.3 — a much, much lower p/e than that of the S&P 500. These 2 metrics make it appear to be qualified as a value stock.

stockcharts.com

Seaspan chart.

You would have to be concerned that the firm’s level of debt presently exceeds shareholder equity. But Seaspan had a solid 5-year earnings record and last year was excellent. The company is paying a 6.44% dividend. The short float now sits at 8.7%. Their new Chief Financial Officer, Ryan Cameron Courson, is a mere 29 years old.

Rice Midstream Partners LP is in the oil and gas pipelines business with headquarters in Pittsburgh. I think it fits into the value stock profile with its price/earnings ratio of 10 and with shares now available for purchase at 85% of book value.

stockcharts.com

Rice Midstream chaart

The company is 39% insider owned and average trading volume is much lighter than most NYSE-listed stocks. Their 5-year and 1-year earnings history is solidly positive. A 6.48% dividend is being paid. Debt levels are low. Rice Midstream has a short float of 6.1%.  The stock traded at 22 in January and has dropped to around 18.

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