10 Expensive Dividend Stocks With Bearish Momentum
The Price/Book ratio is a price-valuation metric that helps investors understand whether a company is potentially undervalued. The concept is that the lower the P/BV ratio the more “value” a company may be offering to the opportunistic investor. At the same time something could go fundamentally wrong with the company, which might explain why this ratio is lower than one might expect. If the P/BV metric is below 1 then the company is trading below its break value.
We ran a screen for dividend paying stocks that had a moderate-to-high P/BV ratio (X>8). From this narrowed pool we then screened for stocks that have substantially retraced from their 52-Week highs. We did not screen any companies out by market cap or sector.
1. The Western Union Company (WU)
Sector Financial Services
Industry Specialty Finance
Market Cap $9,579M
Beta 1.60
The company offers money transfer services around the world. The company’s... Read more