Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Toward the end of trading Thursday, the Dow traded up 1.84% to 34,649.26 while the NASDAQ rose 0.61% to 15,347.69. The S&P also rose, gaining 1.48% to 4,580.03.
Franklin Street Props (AMEX:FSP) reported quarterly earnings of $0.14 per share. This is a 26.32 percent decrease over earnings of $0.19 per share from the same period last year.