Telecom Argentina S.A. ($TEO) popped into the Large Cap 1000 screener this week at the top position. With a $3.5 billion market cap, virtually no net debt, and $653 million in operating earnings last year, the company trades on an acquirer’s multiple of just 5.3x. It yields 4 percent and … Read More
Mobile TeleSystems (NYSE:MBT): Cheap Russian telecom
Mobile TeleSystems (NYSE:MBT) has been beaten up over the last month (off 12.5 percent) and at $9.69 is now the sixth cheapest stock in the Large Cap 1000 Screener (it’s free if you register). With a $9.7 billion market cap and $4.4 billion in net debt, MBT doesn’t have the usual … Read More
Computer Task Group Inc. (NASDAQ:CTG): Simple, Cheap, and Buying Back Stock
With an acquirer’s multiple of 4.8, Computer Task Group Inc. (NASDAQ:CTG) is the sixth cheapest stock in the Small and Micro Cap Screener. It’s an information technology (IT) solutions and staffing services company in North America and Europe. It has 3,900 employees. The company implements electronic health records; assists in the start-up … Read More
Global Sources Ltd. (NASDAQ:GSOL) has cash, an activist, and buys back stock
Global Sources Ltd. (NASDAQ:GSOL) at $5.64 trades on a extremely discounted acquirer’s multiple of 4.2, making it the third cheapest stock in the All Investable Screener. It’s a Hong-Kong based business-to-business media company that facilitates trade from Greater China to the world, which likely goes some way to explaining the … Read More
Valero Energy Corporation (NYSE:VLO): Cheap, and buying back stock
Valero Energy Corporation (NYSE:VLO) is the cheapest stock in the Acquirer’s Multiple Large Cap 1000 screener. Like AGX, it’s another stock that I’ve been pitching for six months (here I am pitching it to Jeff Macke as a takeover target last year). While it’s up more than +22 percent since, it … Read More