The analysis provided in this article has found sufficient growth catalysts for BP’s (NYSE:BP) shares in the foreseeable future. The company’s business is shifting towards refining and petroleum products. In light of the global energy transition, we consider this as a factor of competitive advantage in the future. We also find that the company’ s shares can be considered attractive for income-seeking investors. Our DCF analysis shows that the stock is undervalued in the base scenario, which is built on an optimistic rate of revenue growth in the forecast period. The aggressive scenario sets an upside opportunity of up to 60% from the current market price of the stock.
We would like to start our analysis by examining the fundamentals and the last quarter’s report. First, the improved market conditions allowed company to increase revenue. You can see that the top line has achieved a level of $55B, up 45% on a year-over-year basis:
Top 5 Undervalued Stocks To Watch Right Now: Sun Life Financial Inc.(SLF)
- [By Lee Jackson]
Sun Life Financial Inc. (NYSE: SLF) was downgraded to Hold from Buy at Argus. The 52-week trading range is $25.31 to $39.87. The consensus price target is $39.48. The shares closed at $38.65, so this could be a valuation call.
Top 5 Undervalued Stocks To Watch Right Now: Viacom Inc.(VIA)
- [By Douglas A. McIntyre]
The Pillsbury Doughboy is the mascot of the Pillsbury Company, which is owned by General Mills (NYSE: GIS) and J.M. Smucker (NYSE: SJM). The Doughboy was created by Pillsburys advertising agency almost 50 years ago. Pikachu are characters owned by The Pokemon Company International and appear in card games, video games, TV shows, movies and comic books. Founded in 1998, the Japanese company has achieved total games sales of almost 280 million. SpongeBob SquarePants was created for Nickelodeon, which is owned by Viacom (NASDAQ: VIA). The show premiered in 1999 and has spawned movies, video games and theme park rides. Ronald McDonald is a c
- [By Keith Noonan]
While 2016 played host to a range of films that underperformed, the biggest flops belonged to Disney (NYSE:DIS), Viacom (NASDAQ:VIA) (NASDAQ:VIAB) and Lions Gate Entertainment (NYSE:LGF.A). Click through the presentation below to get the details on the year’s five biggest film flops and to learn what last year’s movie misfires mean for the companies involved.
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- [By Wayne Duggan]
Height Financial Services analyst Edwin Groshans believes Credit Acceptance Corp, Santander Consumer USA Holdings Inc (NYSE: SC), Ally Financial Inc (NYSE: ALLY) and Capital One Financial Corp. (NYSE: COF).
- [By Jim Robertson]
On Friday, our Under the Radar Moversnewsletter suggested going long on small cap consumer financestock Santander Consumer USA Holdings (NYSE: SC):
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- [By Lisa Levin]
Basic materials shares climbed by 1.52 percent in trading on Friday. Meanwhile, top gainers in the sector included Companhia Siderurgica Nacional (ADR) (NYSE: SID), and Core Molding Technologies, Inc. (NYSE: CMT).
Top 5 Undervalued Stocks To Watch Right Now: Deer Valley Corporation (DVLY)
- [By SEEKINGALPHA.COM]
Deer Valley (OTCPK:DVLY)
This company manufactures factory-made homes which are marketed to 14 states in the US. After the financial crisis it has been able to pick up its operations and continue to create sustainable free cash flow and increasing profits. It might be that another similar shock to housing is not necessarily around the corner and therefore they could sustain this in the foreseeable future.