Widest Discounts From Book Value

In recent days you've no doubt heard complaints over the fact that so-called "junk stocks" have been outperforming the most in the market. In fact, no where can that be seen better than the performance of our Widest Discounts From Book Value screen in July.

Since July 15th, this screen has posted a +29.13% return (19 gainers & 2 losers) in comparison to the S&P 500's gain of +8.58% during this same period. Anytime you can produce a screen that offers three times the performance of the overall market, that's quite unusual (and unsustainable).

As I do at the middle of the month, it's time for me to provide an update to this special monthly screen. For August, 26 companies now show up and which are trading at wide discounts to their book value.....[READ]