Posted by Chees Grouch on October 29, 19100 at 16:30:25:
Check out the valuations of National Presto (NPK). Recent price=$30 BV=$34.21 debt=0 Cash per share=$30 ROE=8.25 plus they pay a 6.6% dividend. If you buy this stock for $30 it like getting the business for free because they have $30 in cash per share. Only downside to this stock is there is not a lot of growth in earnings, but in a volatile market like today stock is sure to give a nice return with little downside risk.
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