Low price, low valuation, high growth, and oversold high-quality stocks, 15 stocks make the list.
According to Securities Times Data Bao statistics, among the stocks with ratings from 3 or more rating agencies and a year-on-year net profit growth of over 30% in the first quarter, 15 stocks have a latest closing price of below 10 yuan, a trailing price-earnings ratio below 20 times, and a year-to-date decline of over 5%. Generally speaking, a lower stock price means a relatively lower entry threshold for investors, with more flexibility in fund allocation for investment. This is more attractive to investors with limited funds who are eager to profit from the stock market. Among the 15 stocks, Bohai Leasing, Bailong Oriental, Tongren Shen, State Grid Yingda and other stocks all have a closing price of less than 5 yuan. Undervaluation is also a major highlight of these stocks. Trailing price-earnings ratio is an important indicator for measuring stock valuation, and the price-earnings ratios of these 15 stocks are mostly in a lower range. For example, the price-earnings ratios of China Aluminum and TCL Smart Home are both less than 10 times. In terms of high growth, these stocks also performed well, with China CNR, Lutai A, Bailong Oriental and other stocks all showing a year-on-year net profit growth of over 100% in the first quarter.
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