Our small cap stock this week is ClearView Wealth, a seller of life insurance which has two other arms – a wealth management business and a financial advice business. They have recently announced they are selling the financial advice part and this seems to have given the share price a recent boost. While the directors only own 4% of the stock, there is a large shareholder that has a seat on the board and they are driving a strategic review of the company. We’ve talked about CVW a lot on recent episodes.
Their QAV score is 0.32, based on a 68c share price. Their ADT (average daily transaction volume) is only $27,000, making them unattractive to larger investors, but quite interesting for those with a smaller portfolio. Their quality score is 50%, but the vested interest shareholder would improve that if it showed up in our checklist. Their Price:Operating Cashflow ratio is 1.59, and the Equity per share is 73c, so it’s trading less than its equity, which we always love to see. Strong financial health in Stock Doctor. And it gets a score for a new three point upturn.
Our recommendations are based on the share price as of the date of the download. If the share price changes, this will affect the QAV score and its ranking on our buy list, so please take price changes into account before making any investing decisions.
Please also note that this isn’t personal financial advice and you should consult a financial planner before making any investment decisions.
WANT TO GET OUR FULL SCORECARD EACH WEEK?
The full scorecard is a spreadsheet that contains all of the stocks that got a positive QAV score for the week. This week’s scorecard contains 24 stocks, both large and small caps, that we think represent the best value investments of the week.