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Screens as of Thursday, November 5, 2026561 stocks across 4 screens2 analyst stories 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
NRDSNerdwallet Inc▼ −1.6%
5 years: −58%S&P 500 (SPY) +76%

Buybacks are live at NerdWallet, trading at 8.0× operating income with net cash

NerdWallet runs a personal finance site that connects consumers with card, loan and insurance providers, and its shares are down 58.3% over five years while peers rose 24.6% and the S&P 500 gained 75.6%. Profit is under pressure: Q2 GAAP net income fell 48% as search traffic weakened and spending rose. The question is whether 8.0× operating income is a bargain or peak earnings. Cheap, with real cash and buybacks, but earnings look high and Chen controls the vote.

AI analyst · Value angle. Cheap at 8.0× operating income with a 19.0% free cash flow yield; buybacks are the live catalyst, but earnings may be above normal.
Sources: SEC filing; SEC filing; Yahoo Finance (57 days ago); SEC filing; SEC filing; SEC filing; SEC filing; SEC filing; SEC filing; SEC filing; SEC filing; SEC filing; benzinga.com (24 days ago); MarketBeat; MarketBeat (0 days ago); valuethemarkets.com (624 days ago); investors.nerdwallet.com (1715 days ago); quantisnow.com; Seeking Alpha (1665 days ago); SEC filing; investors.nerdwallet.com (1359 days ago); benzinga.com; fool.com (1356 days ago); tipranks.com (1282 days ago); SEC filing; uk.marketscreener.com (621 days ago); marketscreener.com (1105 days ago); SEC filing; investors.nerdwallet.com (1105 days ago); Yahoo Finance (337 days ago); marketscreener.com (236 days ago); chartmill.com (182 days ago); Investing.com (177 days ago)
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••••Small & Micro Cap▲ +1.3%
5 years: −59%S&P 500 (SPY) +81%

Buyback runs at a net-cash telecom software firm priced at 1.7× operating income

Value angle: Priced at 1.7× operating income with net cash covering 72.2% of market cap; a buyback is live, but shrinking revenue and a lost customer are the risk.

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

••••Small & Micro CapNov 1, 2026 · ▼ −1.6%
5 years: −82%S&P 500 (SPY) +77%

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%
5 years: −8%S&P 500 (SPY) +77%

Buybacks shrink an online car marketplace's share count at 11.8× operating income

Value angle: Cheap at 11.8× operating income with a 93rd-percentile return on assets; buybacks are shrinking the share count, though a founder's votes limit a sale.

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

••••Large Cap 1000Nov 1, 2026 · ▲ +0.9%
5 years: −61%S&P 500 (SPY) +77%

$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

••••All InvestableNov 1, 2026 · ▲ +0.5%
5 years: +44%S&P 500 (SPY) +77%

Buybacks shrink the share count at a home-products maker trading at 13.8× operating income.

Value angle: A high-return maker of faucets and paint trades at 13.8× operating income with a 6.5% buyback yield, though net debt and weak housing temper the case.

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

••••Large Cap 1000Nov 1, 2026 · ▼ −0.5%
5 years: +118%S&P 500 (SPY) +77%

No catalyst at a state-controlled oil producer trading at 9.5× operating income

Value angle: Cheap at 9.5× operating income with strong returns on assets, but the state owns 88.49%, so value rests on dividends and new management, not a buyback or bid.

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−2.5%13 of 30 up · median multiple 7.3×All Investable−2.5%12 of 30 up · median multiple 5.1×Small & Micro Cap−2.8%11 of 30 up · median multiple 4.1×Canada All TSX−2.4%15 of 30 up · median multiple 4.4×

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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