Cheapest large capitalized stocks with highest earnings per share growth; originally publish at "long-term-investments.blogspot.com. A cheap stock is the basis for every future returns. Beside cheap fundamentals and pricing ratios of a company, the expected growth is an additional important item for investors. After the ongoing turbulences due to the euro debt crises and the fiscal cliff in America, there should be some bargains in relation to growth right now.
I made a screen of America's cheapest large capitalized stocks with highest expected growth for the upcoming fiscal year. Stocks from the sheet have a market capitalization of more than USD 10 billion and earnings per share are expected to grow for at least 15 percent. Despite the strong growth, they still have a P/E ratio of less than 15 and a P/S and P/B ratio of less than two. Fourteen companies fulfilled the mentioned criteria of which thirteen companies have a buy or better recommendation. Eleven of the results pay dividends.
The highest yielding stock is now China Petroleum & Chemical. The company yields at 4.39 percent but long-term earnings are expected to fall by around one percent for the next five years. The best picks by mid-term growth are Mitsui and Honda.
Here is the table with some fundamentals:
Take a look at the full list of cheap large capitalized stocks with highest expected earnings per share growth. The average P/E ratio amounts to 12.28 while the forward P/E ratio is 8.84. P/S ratio is 0.71 and P/B ratio 1.07. The expected earnings growth for next year amounts to 25.33 and 15.47 percent for the upcoming five years.
Related stock ticker symbols:
SNP, ERIC, TEL, MRO, DB, BG, TM, HMC, PBR, FDX, PKX, MITSY, IX