What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching:
- BOS Better Online Solns (NASDAQ:BOSC) - P/E: 7.47
- Canadian Solar (NASDAQ:CSIQ) - P/E: 4.47
- JinkoSolar Holding Co (NYSE:JKS) - P/E: 3.17
- Bel Fuse (NASDAQ:BELFA) - P/E: 9.73
- Nokia (NYSE:NOK) - P/E: 4.2
This quarter, BOS Better Online Solns experienced a decrease in earnings per share, which was $0.11 in Q2 and is now $0.05. This quarter, Canadian Solar experienced a decrease in earnings per share, which was $2.39 in Q2 and is now $0.32. Most recently, JinkoSolar Holding Co reported earnings per share at $3.31, whereas in Q2 earnings per share sat at $3.52. Bel Fuse saw a decrease in earnings per share from 1.89 in Q2 to $1.59 now. The company's most recent dividend yield sits at 0.46%, which has increased by 0.02% from 0.44% last quarter.
Nokia's earnings per share for Q3 sits at $0.05, whereas in Q2, they were at 0.08. The company's most recent dividend yield sits at 3.95%, which has increased by 0.54% from 3.41% last quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.