The following is a list of stocks that have lagged the rest of the market over recent weeks, reporting losses over the last quarter.
In addition, all of the stocks mentioned below are deeply undervalued, when comparing the current price to the average analyst target price (used as a proxy for fair value).
Yes, there are many limitations to this approach of finding undervalued companies, but the goal here is to give a value-oriented investor a starting point for his or her own analysis.
Analysts seem to think these companies are deeply undervalued, what do you think? Is this a list of falling knives? Full details below.
Price target data sourced from Finviz.
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The list has been sorted by the discount to average analyst target price.
1. PICO Holdings Inc. (PICO): Accident & Health Insurance Industry. Market cap of $669.42M. Price at time of writing $29.35
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