Precision Drilling Trust
Value Traps or end of Year Bargains?
I am always interested in hunting for bargains amongst stocks trading below their book values. There are, however, a lot of value traps in this universe, so we need to eliminate some of the obvious losers. To select the more promising stocks out there, I have screened for all stocks trading at less than their book values. To remove the more risky stocks more »
Founded by Chuck Royce in 1972, Royce & Associates is on a quest for small-cap value investments. Royce looks for companies with market caps lower than $5 billion that are underpriced relative to their enterprise value.
Recently, Royce released his latest holdings through a 13F filing. We will discuss his most bullish bets and decide whether it makes sense for investors to purchase these stocks.