Three Below Book, High Yield Stocks

The book value is the amount every shareholder would receive if all the company's assets were sold off, and all the debts paid off. So if a stock sells below book value and immediately went out of business, theoretically you would be guaranteed to make money. So if you combine a below book stock with the fact that it pays a high yield, you might have a good investment. WallStreetNewsNetwork.com just updatd their list of Below Book High Yield Stocks, which is in the form of an Excel spreadsheet that can be sorted and changed. Some examples are:

• Oshkosh Corporation (OSK) selling at 32% of book, with a yield of 6.4%
• Teekay Corporation (TK) selling at 34% % of book, with a yield of 8.0%
• Sappi Limited (SPP) selling at 34% % of book, with a yield of 8.0%

The entire list of 25 dividend paying stocks selling below or at book can be found here.

Disclosure: Author does not own any of the above.

Comments

[jimmy46:]

The book value is the amount every shareholder would receive if all the company's assets were sold off, and all the debts paid off""""""

THIS IS GROSSLY WRONG

BOOK VALUE CONTAINS LARGE AMOUNTS OF GOODWILL & OTHER INTANGIBLES THAT HAVE LITTLE OR NO VALUE IN LIQUIDATION.

AND IT'S GETTING WORSE, MERGERS CAN NO LONGER BE DONE WITH THE "POOLING OF ASSETS" METHOD ANY MORE,
THIS MEANS HUGE AMOUNTS OF GOODWILL WITH ANY MERGER.

Mar 12 02:47 PM

[FreeMkts:]

OSK is a buy regardless of how you define their BV. They will survive the downturn and thrive once things turn around. You would think we will never need fire trucks, garbage trucks or heavy duty military vehicles ever again.

Apr 02 04:57 PM