6 Stocks Yielding More Than 10% That Are Considered To Be Very Cheap
By Matt Schilling:From time to time I come across different stocks that are scattered throughout several industries but have common characteristics when compared to one another. In this article I will highlight six of those companies who yield at least 10%, and have P/E ratios under 15.Medley Capital Corporation (MCC) - Headquartered in New York City, MCC currently trades at a P/E ratio of 11.15 and yields 10.8% ($1.24), making the stock very inexpensive when compared to most standards. MCC currently trades at about $11.60/share and in a 52-week range of $8.67/share (52-week low) and $11.91/share (52-week high). For investors looking to establish a position, I would do so from both an income standpoint and an earnings standpoint as the company has surpassed estimates in three of the last four quarters.Resource Capital Corp. (RSO) - Headquartered in New York City, RSO currently trades at a P/E ratio of 10.63 andComplete Story »
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