Yahoo Finanza Best Cheap Stocks to Buy Now November 2021
Oftentimes, Big Money buying is institutional activity. We’ll go over what that looks like in a bit. But, the 5 stocks we see as undervalued candidates are CROX, EBAY, MXL, YETI, & CPRT.
At my research firm MAPsignals, we believe that Big Money trading can alert you to the forward fundamental picture of a stock.
We want the odds on our side when looking for the highest-quality stocks.
Up first is Crocs, Inc. (CROX), which makes comfortable casual footwear.
The best candidates tend to have strong performance. Check out CROX:
YTD performance (+167.16%)
Historical big money signals
Just to show you what our Big Money signal looks like, have a look at the top buy signals Crocs has made the past few years.
Blue bars are showing that CROX was likely being bought by a Big Money player according to MAPsignals.
When you see a lot of them, I call it the stairway to heaven:
But, what about fundamentals? As you can see, Crocs looks strong under the hood:
Forward P/E = 22.1
3-year sales growth rate (+10.7%)
Next up is online marketplace operator eBay Inc. (EBAY), which most people know for online auctions.
Check out these technicals for EBAY:
YTD performance (+49.1%)
Historical big money signals
Let’s look long-term. These are the top buy signals eBay has made since 2015. Clearly the Big Money has been consistent for years:
Let’s look under the hood. As you can see, eBay has grown earnings massively:
Forward P/E = 18.9
3-year earnings growth rate (+130.5%)
Another name to consider is MaxLinear, Inc. (MXL), which is a semiconductor maker whose chips power Internet-of-Things devices, connected homes, and infrastructure projects.
Strong candidates for growth usually have big money buying the shares. MaxLinear has that. Also, the stock has been a rocket:
YTD performance (+72.9%)
Recent Big Money signals
Below are the big money signals MXL has made since 2015. It’s only recently came back on our radar:
Now let’s look under the hood. MaxLinear’s earnings growth is impressive. I expect more growth in the coming years:
Forward P/E = 24.7
1-year earnings growth rate (+17.5%)
Number 4 on the list is YETI Holdings, Inc. (YETI), which is a maker of outdoor and recreation products like coolers, drinkware, and more.
Here are the technicals jumping out at me:
YTD performance (+48.5%)
Historical big money signals
Below are the big money signals for YETI since 2018:
Let’s look under the hood. YETI has been growing earnings nicely:
Forward P/E = 41
3-year earnings growth rate (+156.6%)
Our last cheap candidate is Copart, Inc. (CPRT), which provides online vehicle auctions worldwide.
Check out these technicals:
YTD performance (+21.0%)
Historical big money signals
Copart has recently been showing up with top Big Money signals:
Now look at these juicy growth numbers:
Forward P/E = 37.5
3-year earnings growth rate (+30.5%)
The Bottom Line
CROX, EBAY, MXL, YETI, & CPRT represent top cheap stocks for November 2021. Strong fundamentals and big money buy signals make these stocks worthy of extra attention.
To learn more about MAPsignals’ Big Money process please visit: www.mapsignals.com
Disclosure: the author holds long positions in MXL in personal and managed accounts and no positions in CROX, EBAY, YETI, & CPRT at the time of publication.
Investment Research Disclaimer
This article was originally posted on FX Empire
