Book value

5 NYSE stocks are now trading below book value with little to no debt

stack of money Getty Right now, a hedge fund manager in New York City, working remotely, begins researching undervalued stocks, sometimes just called value stocks. Given that the stock market has sold off so dramatically, is there anything tasty about the new low-priced batch that might look good in the long run? The 2 most […]

Book value

When a low book value can be misleading

Some say that book value has lost its meaning over the past decade, as there are myriads of stocks with extremely low or even negative book values, such as McDonald’s, that have consistently outperformed the market. Has it lost its meaning? What’s going on here? For traditional value analysis tools, such as the net-net or […]

Book value

Berkshire Hathaway earnings and book value estimates for the first quarter of 2020 (NYSE:BRK.A)

Like most U.S. companies, Berkshire Hathaway (BRK.A) (BRK.B) had a tough first quarter as its share price fell 19% from $226 to the current price of $183. Berkshire’s equity portfolio was hit hard, falling 29%, largely due to its overexposure to financials like Wells Fargo (WFC), Bank of America (BAC) and American Express (AXP). Recent […]