The recent sell off in the market has created a legion of stocks trading under net current asset value. This was a method of investing popularized by Benjamin Graham, who needs no introduction. Lists like these should only be used as a starting point in doing research. Do not invest blindly in these stocks. Here is the list from an article that was published on October 30. The market has rallied a bit since then so make sure to adjust for that since some of the stocks have moved up.
NCAV = Market Capitalization / (Current Assets - Total Liabilities)
NCTAV = Market Capitalization / (Tangible Assets - Total Liabilities)
Cash = (Cash + Short Term Investments) / Market Capitalization)
This article was written by the Stock Market Prognosticator. If you enjoyed this article, please vote for it by clicking the Buzz Up! button below.
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