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Screens as of Monday, November 2, 2026561 stocks across 4 screens3 analyst stories today · 62 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 storyAll Investable
BKNGBooking Holdings Inc▲ +4.2%
5 years: +57%S&P 500 (SPY) +77%

Buybacks drive Booking: $14.5B authorization left at 12.4× operating income

Booking is the largest online travel agency, with high margins and large free cash flow. Over five years the shares gained 57.1%, ahead of peers (+16.9%) but behind the S&P 500 (+77.4%), and they have fallen 30.7% since August on AI-agent fears, an EU ruling and Middle East disruption. The question is whether that is a bargain or a value trap. The numbers say cheap: 12.4× operating income, 96th percentile returns on assets, and a $14.5B buyback authorization left.

AI analyst · Value angle. Cheap at 12.4× operating income for a business with 96th-percentile returns on assets; a large buyback is the live catalyst, while AI fears weigh on the shares.
Sources: SEC filing; ibtimes.com.au (0 days ago); brandsownedby.com (102 days ago); skadden.com (46 days ago); s25.q4cdn.com (90 days ago); equibles.com (66 days ago); stocktitan.net (0 days ago); SEC filing; fool.com (1459 days ago); skift.com (76 days ago); CNBC (1493 days ago); forbes.com (1455 days ago); benzinga.com (251 days ago); fool.com (215 days ago); tikr.com (186 days ago); whtc.com (178 days ago); tikr.com (183 days ago); fool.com (185 days ago); Yahoo Finance (88 days ago); benzinga.com (40 days ago); 24/7 Wall St. (39 days ago); 24/7 Wall St. (6 days ago)
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Recent AI analyst reports

••••Large Cap 1000▲ +3.6%
5 years: +240%S&P 500 (SPY) +77%

Live buyback at a gold miner trading at 5.4× operating income

Value angle: A net-cash gold miner at 5.4× operating income is buying back shares, though its earnings may be above normal.

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

••••All Investable▲ +0.1%
5 years: +46%S&P 500 (SPY) +77%

Buybacks back a US telecom giant trading at 12.0× operating income, despite heavy debt

Value angle: A US telecom giant is cheap at 12.0× operating income with a 12.1% free cash flow yield, and buybacks of about $10B in 2026 could shrink the share count.

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

••••All InvestableOct 30, 2026 · ▼ −7.3%
5 years: +334%S&P 500 (SPY) +81%

Gold and copper miner trades at 3.2× operating income with no activist

Value angle: Cheap at 3.2× operating income on a 37.6% return on assets; a bigger dividend payout is the only live lever, and gold prices drive the rest.

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

••••All InvestableOct 30, 2026 · ▼ −6.9%
5 years: +43%S&P 500 (SPY) +81%

A buyback runs at a gold miner trading at 3.7× operating income

Value angle: A gold miner is cheap at 3.7× operating income with average returns on assets; a live buyback shrinks the share count, but falling gold threatens earnings.

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

••••All InvestableOct 30, 2026 · ▼ −6.8%
5 years: −26%S&P 500 (SPY) +81%

Platinum-group metals miner trades at 2.9× operating income with no live catalyst

Value angle: A platinum and gold miner priced at 2.9× operating income with a 13.9% free cash flow yield; no live catalyst, so metal prices and debt paydown matter most.

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

••••Canada All TSXOct 30, 2026 · ▼ −6.4%
5 years: +87%S&P 500 (SPY) +81%

No live catalyst yet: a Canadian industrial distributor trades at 6.1× operating income

Value angle: Cheap at 6.1× operating income with a 16.0% free cash flow yield; a new CEO's growth plan is the lever, as no buyer or activist is visible.

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−0.8%14 of 30 up · median multiple 7.3×All Investable−0.8%14 of 30 up · median multiple 5.3×Small & Micro Cap−0.4%12 of 30 up · median multiple 4.3×Canada All TSX−0.3%17 of 30 up · median multiple 4.3×

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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