In the Monthly Picks series, we highlight 3 stocks identified as undervalued by our prediction model. Here, we describe one indicator showing good readings for each stock. We also bring you the latest news regarding these companies.
You can invest in these companies individually or sign up to our Analytical Platform application to invest in our proven stock-investing strategies that include these companies.
Among the most undervalued stocks for March are:
Morgan Stanley (MS) – Its price-to-earnings ratio (P/E) is currently showing the lowest values compared to the last 66 trading days. P/E ratio compares the current valuation of a company to how much profit a company generates. In general, a low P/E value is considered a positive indicator for stock purchase.
ConocoPhillips (COP) – Its momentum grew strong during the last trading year. COP currently has the highest bullish momentum from all stocks our model assessed. Momentum measures the speed at which a stock’s price changes. High positive momentum indicates a great chance that a stock’s price will continue in its upward trend.
Oracle Corporation (ORCL) – Its operating cash flow (OCF) indicator shows favorable results. OCF measures the amount of cash a company generates. It indicates whether a company can generate enough cash flow to maintain and grow its operations. Having a higher operating cash flow is always preferred.