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4 Stocks Under $10 to Buy This Month

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December’s job report showing steady job growth despite slowing wage inflation and analysts expecting inflation to have cooled further in the last month of 2022 are fueling optimism. So, we think this could be the right time to invest in quality stocks VEON (VEON), Berry Corporation (BRY), Rimini Street (RMNI), and Nature’s Sunshine Products (NATR). These stocks are currently trading under $10. Keep reading….


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A global slowdown seems imminent in 2023. However, many experts now believe that the U.S. economy might be able to avoid severe damage. Moreover, economists surveyed by Dow Jones expect the consumer price index rose by 6.5% in December, down from 7.1% in November 2022.

In addition, inflation expectations dropped to the lowest levels since 2021. On the other hand, despite a fall in wage growth, the job market remains stable, adding 223,000 jobs in December. President Biden said, “The unemployment rate is the lowest in 50 years. We have just finished the two strongest years of job growth in history.”

Such circumstances have raised the odds of a “soft landing,’ where the Fed achieves price stability while avoiding a recession. Also, benchmark indices are expected to stage a recovery this year amid rising optimism.

Given this backdrop, we think investors could consider buying quality stocks, VEON Ltd. (VEON), Berry Corporation (BRY), Rimini Street, Inc. (RMNI), and Nature’s Sunshine Products, Inc. (NATR). These stocks are currently trading under $10.

VEON Ltd. (VEON)

Headquartered in Amsterdam, the Netherlands, VEON and its subsidiaries provide mobile and fixed-line telecommunications services. It offers voice, data, and other telecommunication services.

VEON’s trailing-12-month gross profit margin of 76.90% is 52.8% higher than the industry average of 50.32%. Its trailing-12-month EBITDA margin of 36.24% is 90.2% higher than the industry average of 19.05%.

VEON’s revenue came in at $2.08 billion for the 2022 third quarter, up 3.6% year-over-year. Its service revenue increased 7.9% year-over-year to $1.97 billion, while its EBITDA came in at $889 million, up marginally year-over-year.

VEON’s forward EV/Sales of 1.36x is 27.6% lower than the industry average of 1.87x, while its forward Price/Sales of 0.10x is 92.1% lower than the industry average of 1.29x.

Analysts expect VEON’s revenue to increase 6.2% year-over-year to $8.27 billion for the yet-to-be-reported fiscal year 2022. The stock has gained 16.5% over the past six months to close the last trading session at $0.52.

VEON’s POWR Ratings reflect this promising outlook. The stock has an overall A rating, which equates to a Strong Buy in our POWR Rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.

VEON has an A grade for Value and a B grade for Growth, Sentiment, and Quality. VEON is ranked first among the 47 stocks within the A-rated Telecom- Foreign industry. Click here for additional VEON ratings (Momentum and Stability).

Berry Corporation (BRY)

Independent upstream energy company BRY develops and produces conventional oil reserves in the western United States. It operates in two segments, Development and Production; and Well Servicing and Abandonment.

On November 2, 2022, Trem Smith, BRY’s Board Chair and CEO, said, “At the current oil strip pricing and with a strategy of holding our production flat, we are on track to return to our shareholders the equivalent of our current market capitalization of approximately $700 million in just three-plus years.”

BRY’s trailing-12-month gross and EBITDA margins of 52.25% and 41.61% are 27.8% and 34% higher than the industry averages of 40.90% and 31.05%, respectively.

BRY’s total revenues and other came in at $376.45 million for the third quarter ended September 30, 2022, up 162.5% year-over-year. Its adjusted net income came in at $45.52 million, up 294.5% year-over-year. Also, its adjusted EPS came in at $0.55, up 292.9% year-over-year.

BRY’s forward EV/Sales of 1.31x is 27.7% lower than the industry average of 1.81x. Its forward Price/Sales of 0.83x is 37.5% lower than the industry average of 1.32x.

BRY’s revenue and EPS are expected to rise 49.6% and 676% year-over-year to $815.13 million and $1.94 for the yet-to-be-reported fiscal year 2022. Over the past month, the stock has gained 10.7% to close the last trading session at $8.10.

BRY’s strong fundamentals are reflected in its POWR Ratings. It has an overall B rating, equating to a Buy in our proprietary rating system.

Also, the stock has an A grade for Value and Momentum and a B for Growth. Within the B-rated Energy – Oil & Gas industry, it is ranked #6 out of 92 stocks. Click here for BRY’s additional POWR Ratings for Stability, Sentiment, and Quality.

Rimini Street, Inc. (RMNI)

RMNI provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products.

On December 6, 2022, RMNI launched Rimini Connect™, a new integration, and interoperability solution suite. This new product is expected to offer straightforward solutions for continuously changing integration and interoperability requirements, thereby contributing to the company’s growth.

RMNI’s trailing-12-month gross profit margin of 62.91% is 27% higher than the industry average of 49.53%, while its trailing-12-month net income margin is substantially higher than the industry average of 3.22%.

RMNI’s revenue came in at $101.93 million for the third quarter that ended September 30, 2022, up 6.6% year-over-year. Its gross profit came in at $62.66 million, up marginally year-over-year. Moreover, its long-term debt came in at $71.44 million for the period ended September 30, 2022, compared to $79.66 million for the period ended December 31, 2021.

RMNI’s forward EV/Sales of 0.79x is 69.9% lower than the industry average of 2.62x. Its forward Price/Sales of 0.89x is 66.4% lower than the industry average of 2.63x.

Street expects RMNI’s revenue to increase 7.7% year-over-year to $436.09 million in 2023. Its EPS is expected to grow 15% per annum for the next five years. Over the past month, the stock has gained 6.3% to close the last trading session at $4.06.

It’s no surprise that RMNI has an overall B rating, which indicates a Buy in our proprietary rating system.

It has a B grade for Value and Quality. RMNI is ranked #28 out of 139 stocks in the Software – Application industry. Get additional RMNI ratings for Growth, Momentum, Stability, and Sentiment here.

Nature’s Sunshine Products, Inc. (NATR)

Natural health and wellness company NATR primarily manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally.

On November 3, 2022, CEO Terrence Moorehead said, “We remain confident that we will navigate this unique period of volatility and uncertainty, bolstered by our strong balance sheet and team of experts on the ground.”

NATR’s trailing-12-month gross profit margin of 71.59% is 126.2% higher than the industry average of 31.66%. Its trailing-12-month ROTA of 4.96% is compared with the industry average of 3.62%.

For its third quarter that ended September 30, 2022, NATR’s selling, general, and administrative expenses came in at $36.79 million, down 6.9% year-over-year. Its total current liabilities came in at $63.89 million for the period ended September 30, 2022, compared to $76.67 million for the period ended December 31, 2021.

NATR’s forward EV/Sales of 0.35x is 79.6% lower than the industry average of 1.70x. Its forward Price/Sales of 0.43x is 63.5% lower than the industry average of 1.17x.

For 2023, NATR’s revenue is expected to rise marginally year-over-year to $420.61 million. Over the past month, the stock has gained 15.2% to close the last trading session at $9.33.

NATR has an overall A grade, translating to a Strong Buy rating in our POWR Ratings system.

It has an A grade for Value and Quality and a B for Stability and Sentiment. It is ranked #2 out of 10 stocks in the A-rated Medical – Consumer Goods industry. To see additional POWR Ratings for Growth and Momentum for NATR, click here.


VEON shares fell $0.02 (-3.47%) in premarket trading Wednesday. Year-to-date, VEON has gained 2.04%, versus a 2.53% rise in the benchmark S&P 500 index during the same period.


About the Author: Riddhima Chakraborty

Riddhima is a financial journalist with a passion for analyzing financial instruments. With a master’s degree in economics, she helps investors make informed investment decisions through her insightful commentaries.

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Entrepreneurship

10 Things Every Working Woman Should Do This Year

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Opinions expressed by Entrepreneur contributors are their own.

Self-care has become an all-encompassing term that has strayed from the importance of everyday commodities that keep us in good health and spirits. Though pampering and “treat yourself” moments still have value, here are ten ways to invest in yourself to produce long-lasting, positive results.

Related: 8 Self-Care Tips From Wildly Successful Entrepreneurs

1. Put money into a 401(k)

It’s never too early (or too late!) to start saving for the future. Depending on your employment status, there are different retirement savings accounts. 401(k)s are the most common since these are employer-sponsored and often come with an employer match. However, freelancers also have options, such as a SEP-IRA or a high-yield savings account, to put away extra, tax-free dollars for retirement.

2. Schedule a health checkup

Self-care first includes taking care of your physical health. It’s easy to discredit regular checkups when you’re feeling healthy, but make this the year to get your blood work done. It creates a baseline for your health to identify areas needing improvement or extra attention.

Also, choose areas in your life where you can make small changes. Improving your health doesn’t always mean a drastic overhaul; it may be as simple as drinking more water or adding an extra 30 minutes of exercise to your day.

Related: 3 Key Tips for Optimizing Your Physical Health as an Entrepreneur

3. Review health insurance benefits

Many people with health insurance aren’t sure exactly what it does and doesn’t cover. If you’re unsure, talk with your HR representative or your health insurance provider to get an overview of deductibles, co-payments and other supplemental benefits you may not be aware of. Then, decide if the health care plan makes sense for your current lifestyle.

Are you paying for benefits you don’t use, or do you need additional benefits that aren’t covered? Selecting the right plan will help ensure you have what you need without paying the extra expense for anything you don’t.

4. Ignite your curiosity

Maintaining healthy cognitive functions through new pursuits gives a boost to the brain. Get curious and find what speaks to you. This can be anything from exploring local museums, embarking on different hiking trails, learning a new language or reading more books.

There’s no limit to what you can do, and these activities can ignite more creativity and motivation in your work. While it may be helpful to look to others for inspiration, make them enjoyable so you’ll want to make them a regular occurrence.

5. Prioritize mental health

Mental health has been at the forefront of people’s lives over the past few years, as many have experienced burnout. We often equate productivity with a value that drives us to go beyond our means and leads to anxiety, stress and depression. Take note of your everyday stressors and see how to reduce or eliminate them. Then, replace them with relaxing outlets that allow you to recharge.

There are various ways to prioritize mental health, from practicing positive self-talk to meditation to scheduling an electronics-free day. You may have to try different solutions before you find one that fits.

Related: 5 Ways to Protect Your Mental Health as an Entrepreneur

6. Implement good sleep habits

Consistent sleep is one of the essential factors of good health but one that is often overlooked. For many, it can be challenging to wind down from the workday. Therefore, you must “train” your body to prepare for sleep by getting into a nighttime routine.

Create a sanctuary for yourself to improve your sleep habits. Enjoy a soothing cup of herbal tea, perform a skincare routine, and snuggle in with a good book rather than scrolling through your phone. Additionally, ensure your bedroom is dark and cool for ideal sleep comfort and turn on soothing sounds if it helps lull you to sleep.

7. Try something new

What have you wanted to try but have always held back? Maybe it’s public speaking or contributing to a blog. Whatever “new” has been on your to-do, make a plan, schedule it on your calendar and go for it. It’s common to hold back from these activities due to fear of the unknown or failure, but trying new things helps create confidence and can be the catalyst you need to push you to the next level.

8. Learn to set boundaries

Boundary setting is crucial to relationships yet can be difficult to master. It doesn’t always involve simply saying no to people’s requests. Instead, it requires protecting your own values when people violate them. Setting boundaries may mean spending less time with certain people, removing yourself from toxic situations, or declining invites to events that don’t improve your life. Explore areas where boundaries will help you grow, and keep in mind growth itself is a work in progress.

Related: How to Set Boundaries to Build Thriving Relationships

9. Spend quality time alone

Learning how to enjoy time spent alone is a valuable gift. We are inundated by a false sense of connection through the internet, which often makes us feel lonelier than ever. Then, we overschedule our calendars to make up for human connections, only to feel drained afterward. Slow it down and plan a few solo dates a month to see how it feels to be truly present with yourself.

For those who aren’t used to spending quality time alone, it can feel awkward and uncomfortable initially, but these stem from your own perceptions. Take in a matinee, sit in a coffee shop and read, or enjoy a concert or event you’ve wanted to attend. Alone time has been linked to improved stress management and greater life satisfaction, so it’s worth trying to give yourself more time.

Related: Turns Out, Those Who Like Being Alone Can Be More Creative

10. Get active

Getting active can take on several directions. It can be physical, emotional or spiritual. The point is to engage with people and pursuits that feed your soul. Whether volunteering within your community, setting yourself an exercise goal, or learning more about personal development, there are endless ways to get active and invest in yourself this year.

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Entrepreneurship

Are You a Winner? How to Truly Define Winning in Your Business

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Businesses gauge their performance typically with dozens of goals and metrics. But you can’t do everything at once. The challenge is to get people focused on the one thing that’s most important right now. If it moved in the right direction, it would eliminate a weakness (or capitalize on an opportunity) and improve financial outcomes. You improve that, and you win.

However, not every company clearly defines winning. A catalog of goals can pull the organization in multiple directions and stretch finite resources. Numerous goals can inherently be at odds, working against each other and for conflicting purposes. For example, a cost reduction goal might undermine an innovation goal requiring a significant investment.

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Gen Z Is Making Ugg Boots Fashionable Again: Report

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Ugg boots, the furry, sheepskin boots that defined the 2000s are back, apparently, with spiking interest and Gen Z cachet, according to data from shopping website, Lyst.

The site’s annual quarterly report that highlights the “hottest” 20 fashion brands was released on Thursday, and, as Insider noted, Ugg is on it for the first time since the index began in 2017.

“Gen Z shoppers are breathing new life into once dormant brands … with over 1.2 billion mentions on TikTok — Ugg’s influence is undeniable,” the report notes.

The boots were also sold out of stores during the holidays, it added.

Generation Z, or people born between 1997 and 2012, has demonstrated a penchant for bringing back old technology and trends, from flip phones to “vintage” headphones with cords.

But Ugg boots go back much further — the word “ugg” is actually a general term in Australia that means boots made from sheepskin and fleece, according to the BBC.

The company that created the “UGG” boot, Deckers Outdoor Corporation, is based in the U.S. and has tried and failed to trademark the word in Australia (where a court decided it was a generic word and thus could not be trademarked), the outlet added.

The company says the boots began to gain popularity in California in the 1980s. They were first featured on Oprah’s Favorite Things in 2000 (a huge brand-maker back then) and became “cherished commodities” early in the decade, according to Vogue.

The boots later gained prominence again with a fashion movement that prioritized “ugly” clothes, and have since become an unironic Gen Z favorite, per Insider. Kylie Jenner was also spotted wearing them in November.

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