Stock Picks
Buy low is the theme of this week’s stock picks with some new stock additions to the EasyEquities platform under 15 Dollars to end March in style.
EasyResearch looks at 3 stocks to get your week going!
This small cap stock might attract “Buy the Dip” investors on its latest acquisition news which could take the share price to new highs. Now Inc, distributes downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing operations in the United States and internationally.
The company is trading at $10.39 per share and has a market cap of 1.14 billion dollars. The latest acquisition of Flex Flow could see the share price go even higher and unlock major opportunities.
"With its established position in the horizontal multi-stage centrifugal pump packages and water management solutions market, Flex Flow will provide numerous attractive opportunities in the midstream space for DNOW." - David Cherechinsky, President and CEO.
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on EasyEquities
Private correctional facilities have become big business in the property space and unfortunately an integral part of our societies. CoreCivic, formerly known as the Corrections Corporation of America (CCA), is a diversified government solution company.
CoreCivic which owns, manages private prisons and detention centers across the United States is currently trading at $8.92 per share and might be a value investors dream.
“CXW has tremendous free cash flow available to bring leverage down to below 2.75 times debt to EBITDA, at which point the company might consider share repurchases. CXW is trading at less than 4 times AFFO, leading me to believe that shares represent a life-changing wealth opportunity.” – Life Changing Wealth
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on EasyEquities
This communication services company formerly known as CenturyLink could be an attractive long-term play as the country’s infrastructure expands. Lumen also offers network services, security, cloud solutions, voice, and managed services to name a few.
Lumen Technologies, Inc. is currently trading at $13.16 per share and has a market cap of $14.43 billion and the company has generated exceptional cash flow. “Lumen Technologies (LUMN) has completed three years of operations since the transformative purchase of Level 3 Communications "Level 3" in November 2017. Management has delivered excellent cash flow results while making transformative investments in the future. Cash from Operating Activities grew by more than $214M in 2020 versus 2019, despite COVID-19, after a decline of $273M from 2018 to 2019.” - Justin Wiedeman.
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on EasyEquities
Informed decisions
The three new stock additions could be every value investor dream in the long run as the global economy starts to kick things into gear. This could be a buy low and sell high opportunity which is very cost effective and could hold loads of potential.
New to investing
and want to know more about our recent Stock Picks?
Read: New Gaming Stocks Land on Easy and Value Investing, Redefined
Sources – EasyResearch, Koyfin, SeekingAlpha, Yahoo finance, Wikipedia.
Take note: stock data was taken on 29/03/2021 before the U.S market open.
Follow Barry Dumas
@BEEF_FINMARKETS
Barry is a market analyst with GT247, with a wealth of experience in the investment markets. Now in his tenth year in the markets, Barry "The Beef" Dumas brings a combination of technical analysis and fundamental insights to the table.
