Bargain Hunting: 3 Stocks That Are Too Cheap to Pass Up
Market Overview:
Distribution days are piling up. Some Caution is warranted
Legal Disclaimer:
Recent Recommendations:
Blooming Brands $ BLMN
About the Company
Bloomin’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse. The company was founded in 1988 and is based in Tampa, Florida.
Incredibly attractive valuations: low p/e, strong cash flows at 2.5X, and a generous dividend policy.
Management is committed to stock buybacks as well.
I don’t typically like companies with this much debt (over 100%), however they have strong cash flows.
Use a 10% Sell Stop
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