Screening for stocks with market caps over $10 billion and price-book ratios under or around 1.5 could provide a good starting point for value investors as they seek to find opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the criteria above and are recommended by Wall Street.
Carnival
The first company under consideration is Carnival Corp. (CCL, Financial), a Miami-based travel company that operates 87 cruise ships with 223,000 berths in North America and internationally.
The stock traded around $11.05 at close on June 10 for a market cap of approximately $13.79 billion and a price-book ratio of approximately 1.22. Carnival's book value per share for the quarter that ended in February 2022 was approximately $9.05.
The share price has dropped by 61.57% over the past year for a 52-week range of $11.56 to $30.77.
GuruFocus assigned a score of 3 out of 10 to the company's financial strength and 6 out of 10 to its profitability.
On Wall Street, the stock has a median recommendation rating of hold and an average target price of $21.49 per share.
Itau Unibanco
The second company to consider is Itau Unibanco Holding SA (ITUB, Financial), a Brazilian regional bank.
The stock closed around $4.77 per share on June 10 for a market capitalization of $48.41 billion and a price-book ratio of 1.52. Itau Unibanco's book value per share for the quarter that ended in March 2022 was approximately $3.13.
The stock has decreased 9.14% over the past year for a 52-week range of $3.60 to $5.88.
GuruFocus assigned a score of 4 out of 10 to the company's financial strength and 5 out of 10 to its profitability.
On Wall Street, the stock has a median recommendation rating of overweight and an average target price of $5.73 per share.
AT&T
The third company to consider is AT&T Inc. (T, Financial), a Dallas-based provider of telecommunications services.
The stock closed at $20.69 per share on June 10 for a market capitalization of $149.48 billion and a price-book ratio of 0.88. AT&T’s book value per share for the quarter that ended in March 2022 was approximately $23.61.
The stock has dropped 5.78% over the past year, determining a 52-week range of $16.62 to $22.15.
GuruFocus assigned a score of 4 out of 10 to the company's financial strength and 7 out of 10 to its profitability.
On Wall Street, the stock has a median recommendation rating of overweight and an average target price of $22.50 per share.
Grab Holdings
The fourth company to consider is Grab Holdings Inc. (GRAB, Financial), a Singapore-based provider of super apps that operates on mobile devices of consumers from 480 cities in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand and Vietnam.
The stock closed at $2.71 per share on June 10 for a market capitalization of $11.10 billion and a price-book ratio of 1.40. Grab Holdings' book value per share for the quarter that ended in December 2021 was approximately $2.07.
The stock has dropped 69.03% over the past year, determining a 52-week range of $2.26 to $13.29.
GuruFocus assigned a score of 5 out of 10 to the company's financial strength and 1 out of 10 to its profitability.
On Wall Street, the stock has a median recommendation rating of overweight and an average target price of $4.85 per share.
