Top 5 Low Price Stocks To Buy For 2018

Photographer: Saul Martinez/Bloomberg

A strategic mistake made six years ago by celebrity CEO Ron Johnson continues to haunt popular retailer JC Penney, as evidenced by the ongoing sluggish sales growth and store closings that have made the company smaller—a fraction of what it once  was.

Meanwhile, investors have been bailing out from the company’s stock, which trades in the middle single digits — a long way from the upper 30s, where it was trading back in 2012. 

JC Penney’s woes began with a change in the retailer’s pricing strategy –replacement of coupon sales with everyday low prices.

The old pricing strategy has been popular among retailers, because it hypes shoppers, making them feel smart and encouraging them to talk with other consumers about it. That’s how hype and buzz for merchandise begins and spreads in the shopper community.

Top 5 Low Price Stocks To Buy For 2018: Unilever N.V. (UNLVF)

Advisors’ Opinion:


    In sum, the three companies are equally valued at generous multiples. It is difficult to choose one of them based on fundamentals or valuations, but we like the strategy of Nestl茅 and P&G more than Unilever. Therefore, we recommend investing in these companies only if someone is interested in a limited but relatively safe upside potential. Good entry prices would be as follows: Nestl茅 (OTCPK:NSRGF) at CHF 70.1 or $70.1 for the ADR , P&G at $83.6 and Unilever (OTC:UNLVF) at 34.1 or $38 for the ADR (NYSE:UN).

Top 5 Low Price Stocks To Buy For 2018: Progressive Corporation (The)(PGR)

Advisors’ Opinion:

  • [By Chris Lange]

    Progressive Corp. (NYSE: PGR) is set to report its third-quarter results Tuesday morning as well. The analysts consensus estimates are $0.36 in EPS on revenue of $6.99 billion. Shares were changing hands at $48.67 on Fridays close. The consensus price target is $49.07, and the 52-week range is $30.99 to $49.75.

Top 5 Low Price Stocks To Buy For 2018: Safe Bulkers Inc(SB)

Advisors’ Opinion:

  • [By Ben Levisohn]

    StarBulk Carriers (SBLK) and Safe Bulkers (SB) have more than tripled during the past 12 months, while Golden Ocean Group (GOGL) has more than doubled. So it must be time for an upgrade right?

  • [By Elizabeth Balboa]

    Meanwhile, Safe Bulkers, Inc. (NYSE: SB) rose $0.73 throughout the 2016, Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) fell $1.69 and Navios Maritime Partners L.P. (NYSE: NMM) dropped $0.93.

Top 5 Low Price Stocks To Buy For 2018: Diplomat Pharmacy, Inc.(DPLO)

Advisors’ Opinion:

  • [By Paul Ausick]

    Diplomat Pharmacy Inc. (NYSE: DPLO) dropped 7.4% Monday, posting a new 52-week low of $12.25 after closing at $13.23 on Friday. The stock’s 52-week high is $38.94. The specialty pharmacy company said this morning that revenues and adjusted EBITDA for 2016 will come in at or near the low end of the company’s previously announced range.

  • [By Lisa Levin]

    Shares of Diplomat Pharmacy Inc (NYSE: DPLO) were down 23 percent to $14.71. Diplomat Pharmacy agreed to buy LDI Integrated Pharmacy Services. Baird downgraded Diplomat Pharmacy from Outperform to Neutral.

Top 5 Low Price Stocks To Buy For 2018: McEwen Mining Inc.(MUX)

Advisors’ Opinion:

  • [By Lisa Levin]

    Basic materials shares climbed 2.06 percent in trading on Wednesday. Meanwhile, top gainers in the sector included Gold Resource Corporation (NASDAQ: GORO), and McEwen Mining Inc (NYSE: MUX).

  • [By Lisa Levin]

    In trading on Wednesday, basic materials shares fell by 1.24 percent. Meanwhile, top losers in the sector included Haynes International, Inc. (NASDAQ: HAYN), down 12 percent, and McEwen Mining Inc (NYSE: MUX), down 9 percent.

  • [By Paul Ausick]

    McEwen Mining Inc. (NYSE: MUX) dropped about 12% Tuesday to post a new 52-week low of $2.13 after closing at $2.43 on Monday. The stock’s 52-week high is $4.43. Volume of around 13 million was about five times the daily average. The Canada-based company reported last night that a syndicate of underwriters had agreed to purchase 18 million shares of common stock at $2.25 per share and warrants to acquire up to 9 million more.

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