Long-term investors ignore the churning, short-term rise and fall of stock markets. Rather than getting caught up in the drama, they buy the shares of stable companies with reliable performance that’s measured in years—or even decades.
Top 5 Cheap Stocks to Own Right Now
While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.
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The best long-term stocks are growing businesses that deliver steady returns. To find them, you need to understand the metrics that provide solid evidence of dependable long-term performance. Things like regularly outperforming the S&P 500, and avoiding the big drops (and gains) that high-flying stocks tend to see over the short term.
Forbes Advisor has identified 11 stocks that could be great long-term investments. Each of our picks is backed by steadily rising earnings and sales and has seen smaller price drops than 95% of the stocks in the market. As an added bonus, most of these equities are currently trading at cheaper valuations than they’ve seen in years.
Sibanye Stillwater Limited (SBSW)
On Monday, shares in Sibanye Stillwater Limited (SBSW) rise 3.72% to close the day at $10.03. The volume of shares traded was 3.46 million, which is higher than the average volume over the last three months of 3.13 million. During the trading session, the stock oscillated between $9.91 and $10.145. The company had an earnings per share ratio of 1.62. SBSW’s stock has gained 13.46% of its value in the previous five sessions and -4.57% over the past month but has lost -20.02% on a year-to-date basis. The stock’s 50-day moving average of $9.66 is above the 200-day moving average of $13.10. Moreover, the stock is currently trading at an RSI of 57.16.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 3.50%, and 3.29% for the month. This stock’s Average True Range (ATR) currently stands at 0.42, with the beta factor poised at 1.68. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, mean that the stock’s volatility at that particular moment is low.
Brookfield Renewable Partners L.P. (BEP)
Brookfield Renewable Partners L.P. (BEP) stock gained 0.24% to close Monday’s session at $37.85. The stock volume remained at 0.45 million shares, which was higher than the average daily volume of 0.21 million shares within the past 50 days. BEP shares have fallen by -5.56% over the last 12 months, and they have moved up by 2.13% in the past week. Over the past three months, the stock has gained 4.67%, while over the past six months, it has shed -7.71%. Further, the company has a current market of $10.41 billion and its outstanding shares stood at 275.01 million.
The Net Income for the most recent full fiscal year, which ended in 2021, was $5.1 billion. This is compared to the prior year, where Net Income was $5.04 billion. Meanwhile, this company’s Operating Cash Flow was $734.0 million for the year, compared to $1.3 billion in 12-2020. Capital Expenditures for the year were reported -$1.97 billion, compared to -$447.0 million, and Free Cash flow was -$1.23 billion compared to the prior year’s $849.0 million.
Lattice Semiconductor Corporation (LSCC)
The stock of Lattice Semiconductor Corporation (LSCC) lost -1.39% to complete the last trading session at $54.51. The price range of the company’s shares was between $53.605 and $55.57. It traded 1.07 million shares, which was below its daily average of 1.67 million shares over 100 days. LSCC’s shares have gained by 4.33% in the last five days, while they have subtracted by -11.65% in the last month. Further, it is currently trading at a price-to-earnings ratio of 56.60 and a price-to-book ratio of 17.20. Additionally, the price-to-cash flow ratio stood at 40.91.
Currently, 1.20% of Lattice Semiconductor Corporation‘s shares are possessed by insiders. Douglass Stephen, SVP, R&D of Lattice Semiconductor Corporation (LSCC) sold 2,512 shares of the firm against a total value of $6759894.12 at the rate of 51.40 on Sep 07. O’Rourke Glenn, SVP, Mfg Ops of Lattice Semiconductor Corporation (LSCC) sold 360 shares of the firm against a total value of $21254.0 at the rate of 59.04 on Aug 23. ANDERSON JAMES ROBERT, President & CEO of Lattice Semiconductor Corporation sold 23,858 shares of the firm against a total value of $1.42 million at the rate of 59.72 on Aug 23.
Varonis Systems Inc. (VRNS)
Varonis Systems Inc. (VRNS) stock closed the last session at $30.58, increasing 2.51% or $0.75. Shares of the company fluctuated between $29.80 and $30.92 throughout the day. The number of shares exchanged was 1.11 million, less than the company’s 50-day daily volume of 1.17 million and lower than its Year-to-date volume of 1.19 million. In the past 12 months, the company’s stock has advanced by -55.94%, and in the last week, the stock has moved up 18.80%. For the last six months, the stock has lost a total of -24.29%, and over the last three months, the stock has decreased by -3.29%. The stock has returned -37.31% so far this year.
Multiple groups of Wall Street analysts have recently been drawn to the VRNS stock, with those at Wolfe Research downgraded the stock to a “Peer perform”. The analysts released their assessment via a research note they published on July 25, 2022. Analysts at Morgan Stanley maintained their earlier rating, although they did raise the stock’s price target to $35. Over at Wells Fargo, the analysts restated the earlier stance about Varonis Systems Inc. shares, rating the shares “an Overweight.” in a note released on April 29, 2022. The analysts have also raised their price target for VRNS from $46 to $60.
Oracle Corporation (ORCL)
Oracle Corporation (ORCL) stock added 1.54% to finish the last trading session at $77.08. The stock recorded a trading volume of 14.83 million shares, which is below the average daily trading volume published for the last 50 days of 6.12 million shares. The shares of Oracle Corporation have retreated 3.21% in the last five days; however, they have lost -0.10% over the last month. The stock price has surged 14.80% over the last three months and has lost -14.05 percent so far this year. Further, the stock is being traded at a price-to-earnings ratio of 32.12. Additionally, it has a price-to-cash flow ratio of 128.58 and its price-to-sales ratio stands at 4.76.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has added its position in Oracle Corporation (ORCL) to 43,449,968 shares, mirroring a recent increase of 0.42%. Vanguard Total Stock Market Index added 0.18 million shares of Oracle Corporation common stock bringing its total worth to about $3.38 billion at the end of the recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager that changed stakes and is followed by Vanguard 500 Index Fund, which added 0.29 million shares to end up with 35,132,425 shares worth $2.73 billion. First Eagle Global Fund cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.69% position in Oracle Corporation thanks to 18.45 million shares amounting to $1.44 billion.