Everybody likes a sale, but there’s a significant difference between something that’s a value, and something that’s merely cheap – a good value can last you years and even decades, where something cheap can leave you in the lurch within a few months.
The same can be said for several enticing double-digit yields right now. I’m about to introduce you to five 10%-yielding dividend stocks, all of which boast low prices in the single digits. But that doesn’t make them all good deals.
Far from it.
We all know that nominal share price typically doesn’t mean much – what makes a stock “cheap” is its price compared to metrics such as earnings, sales, free cash flow and other operational measures.…