The Ben Graham: Net-Net Newsletter’s November’s pick: Net-nets don’t always have to be small stocks. The pick for November has a market cap closing in on $1 billion dollars, with sales in excess of $2 billion dollars. The company’s profits are consistent. The company plays a vital role in the electronics manufacturing industry. Without this company many electronic devices could never exist. The newsletter is ready for download for GuruFocus Premium Members. If you are not a Premium Member, you are invited for a Free 7-Day Trial.
This month’s pick:
The Ben Graham: Net-Net Newsletter’s November pick is a bank is the process of liquidating, the current price is far below a reasonably adjusted book value.
The Ben Graham: Net-Net Newsletter’s November pick is an electronics manufacturing firm that specializes in outsourcing design, production and delivery.
This month’s pick:
· Trades at NCAV and at a 36% discount to book value.
· Has purchased $143m of their stock in the past three years.
· The company has an additional $104m authorized for buybacks.
· Has reasonable growth targets, that if met could provide a large boost to earnings.
Download your copy of the Ben Graham: Net-Net Newsletter today
“It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of stocks at a price less than the applicable net current assets alone...the results should be quite satisfactory. They were so, in our experience, for more than 30 years.”- Ben Graham
What’s a Net-Net?
A net current asset value bargain—or net-net—is a stock selling for less than the value of its current assets—cash, receivables, and inventory—minus all liabilities. Basically, it’s a stock selling for less than its liquidation value.
What’s the Ben Graham: Net-Net Newsletter?
GuruFocus’s Ben Graham: Net-Net Newsletter is written by Nate Tobik. It picks one new net-net every month. The newsletter goes out to subscribers on the first Friday of the month. The newsletter looks for stocks that have both a tangible margin of safety and reasonable upside potential.
So, get your copy of the Ben Graham: Net-Net Newsletter today.
This month’s pick:
The Ben Graham: Net-Net Newsletter’s November pick is a bank is the process of liquidating, the current price is far below a reasonably adjusted book value.
The Ben Graham: Net-Net Newsletter’s November pick is an electronics manufacturing firm that specializes in outsourcing design, production and delivery.
This month’s pick:
· Trades at NCAV and at a 36% discount to book value.
· Has purchased $143m of their stock in the past three years.
· The company has an additional $104m authorized for buybacks.
· Has reasonable growth targets, that if met could provide a large boost to earnings.
Download your copy of the Ben Graham: Net-Net Newsletter today
“It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of stocks at a price less than the applicable net current assets alone...the results should be quite satisfactory. They were so, in our experience, for more than 30 years.”- Ben Graham
What’s a Net-Net?
A net current asset value bargain—or net-net—is a stock selling for less than the value of its current assets—cash, receivables, and inventory—minus all liabilities. Basically, it’s a stock selling for less than its liquidation value.
What’s the Ben Graham: Net-Net Newsletter?
GuruFocus’s Ben Graham: Net-Net Newsletter is written by Nate Tobik. It picks one new net-net every month. The newsletter goes out to subscribers on the first Friday of the month. The newsletter looks for stocks that have both a tangible margin of safety and reasonable upside potential.
So, get your copy of the Ben Graham: Net-Net Newsletter today.
