Some hidden gems still exist within the large numbers of stocks trading at sky-high prices, according to Wolfe Research.
In a recent note, the research firm released its list of top deep value companies, which have strong earnings and balance sheets.
The company's 2024 free cash flow yield is estimated at around 4%, per Wolfe.
The company reported revenue for the fourth quarter that came in ahead of analysts' expectations, per FactSet, and it declared a cash dividend of 45 cents per share.
Alliance Resource Partners sports a 14.2% dividend yield, but shares are down more than 7% in 2024.
Persons:
Wolfe, Ford, Buckle, Cousins
Organizations:
Wolfe Research, Nvidia, AAA, Ford, Star, Carriers, Resource Partners