UNP - A Bull Market Is Coming: 3 Bargain-Basement Stocks to Buy Now
2023-03-10 05:46:00 ET
Everyone's definition of bargain-basement stocks varies to some degree.
While there may be "cheaper" stocks on the markets, Union Pacific (NYSE: UNP) , Thor Industries (NYSE: THO) , and UFP Industries (NASDAQ: UFPI) bring impressive returns on invested capital (ROIC) along with discounted valuations.
ROIC measures a company's profitability compared to its debt and equity, with higher-ranking stocks outperforming their lower-scoring peers over time .
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A Bull Market Is Coming: 3 Bargain-Basement Stocks to Buy Now