5. Legacy Reserves (LGCY - Get Report) develops oil and gas properties in the Permian Basin, Mid-continent and Rocky Mountain regions of the U.S. Legacy swung to a second-quarter profit of $39 million, or 98 cents a share, from a loss of $57 million, or $1.83, a year earlier. Legacy's stock sells for a book value multiple of 2.5, a 38% discount to its peer average. The stock is expensive based on forward earnings, sales and cash flow. Of analysts following Legacy, five advise purchasing its shares and one suggests selling. A median target of $25.80 implies 8% upside.
10 Energy Stocks with Yields Up to 11%
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.