Research Portal

3 Stock Picks under $15

/

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!

NOW Inc. (DNOW)

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.

Click logos to view shares

on EasyEquities

New call-to-action

CoreCivic, Inc. (CXW)

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

Click logos to view shares

on EasyEquities

New call-to-action

Lumen Technologies Inc (LUMN)

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.

Click logos to view shares

on EasyEquities

New call-to-action

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

Get these insights first & for free

 

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 image

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

Whats-the-beef-FB
 
Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by Barry Dumas, Market Analyst at GT247 (Pty) Ltd t/a GT247.com (“GT247.com”) as general market commentary, and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) and GT247.com do not warrant the correctness, accuracy, timeliness, reliability or completeness of any information received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities and GT247.com (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.The value of a financial product can go down, as well as up, due to changes in the value of the underlying investments. An investor may not recoup the full amount invested. Past performance is not necessarily an indication of future performance. These products are not guaranteed. Examples and/or graphs are for illustrative purposes only.