6 Undervalued Financial Stocks to Buy Now
These undervalued financial stocks are worth buying now. They all trade with low price|book value and|or have very low price-to-earnings (P|E) multiples. In addition, these financial stocks tend to have ample dividends and good dividend yields, which can be paid for by the company’s earnings. These companies may be facing issues with lower earnings forecasts. That may even be likely, now that the U.S. economy is increasingly looking to be in a recession. That is what makes the stock look so cheap. But as long as the company will be able to cover its dividend, we can assume that its historical dividend yield will be an anchor to the company’s valuation. The same can be said for its historical price-to-book value (P|BV), or its price-to-tangible book value (P|TBV) multiples. 7 of the Hottest ETFs to Buy Right Now Let’s dive in and look at these financial stocks. AIG American International Group $55.88 C Citigroup $49.97 JEF Jefferies Financial Group $30.10 COWN Cowen $25.04 IVZ Invesco $18.06 AINV Apollo Investment Corp $12 American International Group (AIG) Source: Jer123 | Shutterstock.com Dividend Yield: 2.2% American International Group (NYSE: AIG ) is a sophisticated multi-line and property and casualty insurer based in New York City, N.Y.
6 Undervalued Financial Stocks to Buy Now
These undervalued financial stocks are worth buying now. They all trade with low price|book value and|or have very low price-to-earnings (P|E) multiples. In addition, these financial stocks tend to have ample dividends and good dividend yields, which can be paid for by the company’s earnings. These companies may be facing issues with lower earnings forecasts. That may even be likely, now that the U.S. economy is increasingly looking to be in a recession. That is what makes the stock look so cheap. But as long as the company will be able to cover its dividend, we can assume that its historical dividend yield will be an anchor to the company’s valuation. The same can be said for its historical price-to-book value (P|BV), or its price-to-tangible book value (P|TBV) multiples. 7 of the Hottest ETFs to Buy Right Now Let’s dive in and look at these financial stocks. AIG American International Group $55.88 C Citigroup $49.97 JEF Jefferies Financial Group $30.10 COWN Cowen $25.04 IVZ Invesco $18.06 AINV Apollo Investment Corp $12 American International Group (AIG) Source: Jer123 | Shutterstock.com Dividend Yield: 2.2% American International Group (NYSE: AIG ) is a sophisticated multi-line and property and casualty insurer based in New York City, N.Y.