What does it’s mean?

A stock that tends to trade at a lower price relative to it’s fundamentals (i.e. dividends, earnings, sales, etc.) and thus considered undervalued by a value investor. Common characteristics of such stocks include a high dividend yield, low price-to-book ratio and/or low price-to-earnings ratio.

How to Pick Stocks Like Warren Buffett: Profiting from the Bargain Hunting Strategies of the World’s Greatest Value Investor
by Timothy Vick

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My say’s

A value investor believes that the market isn’t always efficient and that it’s possible to find companies trading for less than they are worth. An easy way to attempt to find value stocks is to use the "Dogs of the stock" investing strategy - buying of the 10 highest dividend-yielding stocks on the Bursa at the beginning of each year and adjusting it every year thereafter

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The Dividend Connection: How Dividends Create Value in the Stock Market
by Geraldine Weiss, Gregory Weiss

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