Hot Undervalued Stocks To Buy For 2023


Shares of Tronox Holdings closed sharply higher Monday following a report that said the pigment manufacturer received an all-cash offer of $4.3 billion from private-equity giant  Apollo Global Management.

On a per-share basis, the offer was for $27 a share, Reuters reported, citing sources who spoke on condition of anonymity. Tronox has hired advisers to consider the bid.

Efforts to reach Tronox for comment were unsuccessful.

Tronox (ticker: TROX) shares rose 11.05% on Monday to close at $22.81. The stock traded as high as $25.48 earlier in the session, the biggest advance since April 2020, according to Bloomberg.

Eight analysts surveyed by FactSet rate Tronox stock at Overweight, with an average price target of $25.88.

Analysts at Alembic Global Advisors said if the report of Apollo’s bid is true, Tronox shares were being undervalued.

Hot Undervalued Stocks To Buy For 2023: Empire Resorts Inc.(NYNY)


Empire Resorts, Inc., through its subsidiaries, operates in the hospitality and gaming industries in New York. The company owns and operates Monticello Casino and Raceway, a video gaming machine and harness horseracing facility that conducts pari-mutuel wagering through the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races, and the export simulcasting of its races to offsite pari-mutuel wagering facilities. It operates approximately 1,090 video gaming machines and 20 electronic table games at Monticello Casino and Raceway. The company was founded in 1993 and is based in Monticello, New York.


Advisors’ Opinion:

  • [By Max Byerly]

    Simplicity Esports and Gaming (NASDAQ:WINR) and Empire Resorts (NASDAQ:NYNY) are both small-cap consumer discretionary companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, risk, valuation and institutional ownership.

  • [By Stephan Byrd]

    Wendys (NASDAQ: WEN) and Empire Resorts (NASDAQ:NYNY) are both retail/wholesale companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Hot Undervalued Stocks To Buy For 2023: Lumber Liquidators Holdings, Inc(LL)


Lumber Liquidators Holdings, Inc. (Lumber Liquidators), incorporated in November 12, 2009, is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. The Company also features the renewable flooring products, bamboo and cork, and provides a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives and flooring tools. The Company also provides in-home delivery and installation services to certain of its customers. The Company’s product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. Lumber Liquidators operates over 375 stores located in over 50 states and Canada. In addition to its stores in Ontario, Canada, the Company has over 370 the United States stores in operation.


The Company operates in a holding company structure with Lumber Liquidators Holdings, Inc. serving as its parent company and certain direct and indirect subsidiaries, including Lumber Liquidators, Inc., Lumber Liquidators Services, LLC, Lumber Liquidators Production, LLC, and Lumber Liquidators Canada Inc., conducting its operations. The Company offers wood flooring under over 20 brand names, led by its flagship Bellawood. The Company’s hardwood flooring products are available in various widths and lengths. It offers over 400 different flooring product stock-keeping units. In addition to the store locations, the Company’s products may be ordered, and customer questions/concerns addressed, through both its call center in Toano, Virginia, and its Website, www.lumberliquidators.com. The Company finishes the majority of the Bellawood products on its finishing lines in Toano, Virginia.


Advisors’ Opinion:

  • [By ]

    First, you must understand that Tilson ran a long/short hedge fund, with an emphasis on the short side of the equation. Five and a half years ago, Tilson most famously brought to the public’s attention the fact that Lumber Liquidators (NYSE: LL) — which he shorted — was selling formaldehyde-drenched, Chinese-made laminate flooring.

  • [By Motley Fool Transcribers]

    Lumber Liquidators Holdings Inc  (NYSE:LL)Q4 2018 Earnings Conference CallMarch 18, 2019, 8:00 a.m. ET


    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Garrett Baldwin]

    Just Revealed: The Secret to Potentially Growing Incredibly Wealthy Buying Straight-Up Stocks

    Facebook Inc. (NASDAQ: FB) may soon experience a large exodus of leadership at the executive level. Shares of FB stock are off nearly 1% after a Needham Management analyst slashed the stock’s rating to underperform with a price target of $170. The analyst said the recent departure of 11 Facebook executives could spark a greater wave of resignations. The company has faced more criticism for its customer data management practices and its live-streaming of a terrorist attack in New Zealand last week. In deal news, shares of Caesars Entertainment Corp. (NASDAQ: CZR) rallied 5% on the news it is in merger talks with Eldorado Resorts Inc. (NASDAQ: ERI). Reuters notes that hedge fund icon Carl Icahn has been pressing executives at Caesars to make a deal and sell its assets. Icahn placed three nominees on Caesars’ board of directors. Look for other earnings reports from Del Taco Restaurants Inc. (NASDAQ: TACO), Lumber Liquidators Holdings Inc. (NYSE: LL), Overstock.com Inc. (NASDAQ: OSTK), and StoneCo Ltd. (NASDAQ: STNE).
    This Secret System Endlessly Searches for Small Stocks Ready to Explode


    This methodology has the potential to pinpoint winning stocks at a pace unheard of – or seen before in the public record – with 217 double- and triple-digit peak gains in the first five years of its release.

Hot Undervalued Stocks To Buy For 2023: Vanguard Information Technology ETF (VGT)

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers. The Vanguard Group, Inc. serves as advisor to the Fund through its Quantitative Equity Group.
Advisors’ Opinion:

  • [By Joel Baglole]

    As with all Vanguard funds, the S&P 500 index fund comes with low fees of just 0.03% and pays a quarterly dividend of $1.33 per share. What’s not to like?

    Information Technology Index Fund ETF (VGT) Source: Shutterstock

    Technology has been the big outperformer in recent years, and the Vangurad Information Technology Index Fund is a great way for investors to get exposure to many of the biggest tech stocks.

  • [By Jim Crumly]

    The results of the election in Brazil lifted emerging market stocks, especially the iShares MSCI Brazil ETF (NYSEMKT:EWZ), which rose 6.7%. Technology stocks were laggards; the Vanguard Information Technology ETF (NYSEMKT:VGT) fell 1.3%. 

Hot Undervalued Stocks To Buy For 2023: Tenaris S.A.(TS)


We are a leading global manufacturer and supplier of steel pipe products and related services for the world’s energy industry and for other industrial applications. Our customers include most of the world’s leading oil and gas companies as well as engineering companies engaged in constructing oil and gas gathering, transportation, processing and power generation facilities. Our principal products include casing, tubing, line pipe, and mechanical and structural pipes.
We operate an integrated worldwide network of steel pipe manufacturing, research, finishing and service facilities with industrial operations in the Americas, Europe, Asia and Africa and a direct presence in most major oil and gas markets.
Our mission is to deliver value to our customers through product development, manufacturing excellence, and supply chain management. We seek to minimize risk for our customers and help them reduce costs, increase flexibility and improve time-to-market.   Advisors’ Opinion:

  • [By Joseph Griffin]

    Barclays restated their buy rating on shares of Tenaris (NYSE:TS) in a research note released on Tuesday morning. Barclays currently has a $39.00 price objective on the industrial products company’s stock.

  • [By Logan Wallace]

    Mackenzie Financial Corp cut its stake in Tenaris SA (NYSE:TS) by 24.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,494,916 shares of the industrial products company’s stock after selling 490,533 shares during the quarter. Mackenzie Financial Corp owned approximately 0.25% of Tenaris worth $31,872,000 at the end of the most recent reporting period.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Tenaris (TS)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Undervalued Stocks To Buy For 2023: Investors Real Estate Trust(IRET)

Investors Real Estate Trust, a real estate investment trust (REIT), engages in the ownership and operation of income-producing real estate properties in the United States. It owns multi-family residential properties and commercial office, medical, industrial, and retail properties located primarily in the upper midwest states of Minnesota and North Dakota. As of April 30, 2008, the company operated a real estate portfolio of 72 multi-family residential; 65 office; 48 medical; 17 industrial; and 33 retail properties. Investors Real Estate Trust has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, the trust is not subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1970 and is headquartered in Minot, North Dakota with additional offices in Minneapolis, Minnesota, and Omaha, Nebraska; and Kansas City, Kansas, and St. Louis, Missouri.


Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Investors Real Estate Trust Reit (IRET)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Motley Fool Transcribing]

    Investors Real Estate Trust (NYSE:IRET) Q1 2019 Earnings Conference CallSep. 11, 2018 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator 

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on INVESTORS REAL ESTATE TRUST REIT Common Stock (IRET)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

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