The Meaning Behind 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.
Companies Reporting Before The Bell
• R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.
If history is any guide, there may be trouble ahead for shares of Itau Unibanco Holding(NYSE:ITUB). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Brasilian cryptocurrency-supporting bank backed by billionaire Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) Nubank plans to go public on the Nasdaq stock exchange through an initial public offering.