3 Value Stocks for Nest-Egg Growth
Stock investing can be volatile, creating short-term risk. But if you invest in stocks at their best value points, you can reduce some of the risk and set yourself up for better long-term returns. With that in mind, we asked three of our contributing investors to write about a stock that's deep in value territory right now and could help grow your nest egg. They gave us tech giant International Business Machines Corp (NYSE: IBM), stalwart utility National Grid plc (ADR) (NYSE: NGG), and engineering upstart NV5 Global Inc (NASDAQ: NVEE).
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Reuben Gregg Brewer (International Business Machines Corp.): IBM's price-to-earnings (P/E) ratio, price-to-book value ratio, price-to-cash-flow ratio, and price-to-sales ratio are all below its own five-year averages for those statistics. It's more than 4% dividend yield, meanwhile, is well above its five-year average of around 2.7%. If you compare those metrics to the tech industry's current darlings, like Alphabet or Amazon, IBM comes away looking even cheaper.
Source: Fool.com
International Business Machines Corp Stock
With 44 Buy predictions and 3 Sell predictions International Business Machines Corp is one of the favorites of our community.
As a result the target price of 271 € shows a positive potential of 37.7% compared to the current price of 196.8 € for International Business Machines Corp.
