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Screens as of Tuesday, November 10, 2026560 stocks across 4 screens1 analyst story today · 100 this month

Today in the screens

The biggest news and moves in the cheapest stocks we track. Written by the AI analyst after every update.

Biggest storyToday's free storySmall & Micro Cap
CAPLCrossamerica Partners LP▲ +1.9%
5 years: +37%S&P 500 (SPY) +75%

Cheap fuel distributor yields 11.0%, but debt and family control limit catalysts

CrossAmerica distributes motor fuel to about 1,600 locations and its brands run 340 convenience stores. Shares rose 37.1% in five years, against 165.2% for peers, 23.2% for its sector fund and 74.9% for the S&P 500. Q3 profit fell on weaker fuel volumes, and shares rose 1.9% on Tuesday, November 10. Is the discount a bargain or a trap? It is cheap and pays 11.0%, but debt and family control leave no live catalyst.

AI analyst · Value angle. Trades at 7.0× operating income with a 12.1% free cash flow yield and 11.0% dividend; no buyback, activist or bid is live, so the payout does the work.
Sources: SEC filing; GlobeNewswire (5 days ago); convenience.org (5 days ago); stocklight.com (258 days ago); stocklight.com (621 days ago); SEC filing; cstoredive.com (372 days ago); cstoredive.com (252 days ago); caplp.gcs-web.com (1351 days ago); SEC filing; SEC filing; SEC filing; marketscreener.com (915 days ago); caplp.gcs-web.com; SEC filing; nasdaq.com; fool.com (4 days ago)
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••••Small & Micro CapNov 1, 2026 · ▼ −2.9%
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Activist on board at an online-school operator trading at 6.5× operating income

Value angle: Cheap at 6.5× operating income with a 13.0% free cash flow yield; an activist-led capital plan and a $311 million buyback could unlock value.

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••••All InvestableNov 1, 2026 · ▼ −2.4%
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Buybacks shrink the share count at an athletic-wear retailer trading at 6.8× operating income

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••••All InvestableNov 1, 2026 · ▲ +1.9%
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An 11.1% buyback yield at a cheap, high-return animal-health drugmaker after a 60% fall

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••••Small & Micro CapNov 1, 2026 · ▼ −1.6%
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A rare-disease drugmaker at 2.9× operating income, net cash 68.4% of market cap

Value angle: Priced at 2.9× operating income with net cash of $173M and strong returns; the nearest event is a late-stage trial readout, and no buyback, bid or activist is live.

Which stock it is, and the analyst's full take, are for members. Unlock

••••Small & Micro CapNov 1, 2026 · ▼ −1.0%
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Buybacks shrink an online car marketplace's share count at 11.8× operating income

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••••Large Cap 1000Nov 1, 2026 · ▲ +0.9%
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$25 billion buyback is live at a high-return software firm on 10.6× operating income

Value angle: Cheap at 10.6× operating income despite a 98th-percentile return on assets; a $25 billion buyback is live while AI fears hold the price down.

Which stock it is, and the analyst's full take, are for members. Unlock

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Screen scoreboard

Average return of each screen's 30 stocks since the last rebalance. Track record: every stock from entry to exit →

Large Cap 1000 · free+0.2%17 of 30 up · median multiple 6.8×All Investable−0.4%14 of 30 up · median multiple 4.8×Small & Micro Cap+3.5%19 of 30 up · median multiple 4.3×Canada All TSX+0.4%14 of 30 up · median multiple 4.5×

Industry View

Industries against their own history

All 67 industries →

Most industries are dear against their own past. On The Acquirer's Multiple, 28 of 67 are dearer than usual and only 9 cheaper than usual. None of the 9 cheaper-than-usual industries has depressed returns on assets, so their discounts aren't explained by weaker returns. Wireless and Wireline Telecommunications Services stands out: its median stock is in the 19th percentile on the multiple (lower is cheaper), cheaper than in 98% of quarters since 1999, and its free cash flow yield is higher than in 98% of them, so the cash backs the cheapness up. Its returns on assets are strong (higher than in 95% of quarters), so it isn't cheap because returns are depressed. Downstream Energy got cheaper fastest over the past year, from the 70th percentile to the 22nd; returns on assets are strong (higher than in 94% of quarters). Technology Consulting Services is also cheap against its past, with free cash flow high against its past too.

Cheapest against their historyMedian Acquirer's Multiple percentile (lower is cheaper) and the past ten years
Dearest against their historyWhere the industry usually trades, and where it is now
Biggest moves this yearChange in percentile over the last four quarters

Each industry's median stock as a percentile of all investable US stocks, quarterly since 1999. Data to Saturday, October 24, 2026.

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About The Acquirer's Multiple®

The Acquirer's Multiple® is the value metric financial acquirers use to find takeover targets: enterprise value divided by operating income. The lower it is, the less a buyer pays for each dollar the business earns.

Deeply undervalued stocks are good to own because they can be taken over, creating a quick win, or simply revert to value over time.

In The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, a #1 New Release in Amazon Business and Finance, Tobias Carlisle shows that portfolios of the cheapest stocks on the multiple have beaten the market over time. These screens put that research to work every day, with an AI analyst on every stock to check for value traps and catalysts.

See today's cheapest large caps →

The Acquirer's Multiple by Tobias E. Carlisle, #1 New Release in Business & FinanceBuy the book

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