With the markets falling so heavily a lot of brokers are calling many stocks heavily oversold , and as Michael Heffernan from Austock keeps sayng its a bit like a kid in a lollie shop
I have had a look at a few of my own holdings and cant believe the prices some of them have fallen to , some on fundumentals, and some have lost all of their growth premium
Be interested to see wht the forum thinks are the 3 cheapest stocks in Blue chip, mining , and small caps.
My 3 for what its worth are
QBE Yield over 10% franked at $12 , and insurers have had very tough few years , yet QBE still was able to report a good profit with strong dividend .
LYC The resource that sent the stock to $3 hasnt disapeared , but the growth premium has, could go lower but a far beeter bet in my opinion at 90 than it was at $3
PGC Superb fundumantals against a market cap of $10m at .38c Revenue up 100% to $16m , EBIT up 250% to 1.4m and NPAT up 400% , fantastic sector for major growth ie medical equipment and a very solid executive team who all have their skin in the game .
I hold shares in all 3 stocks
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