Grocery store chain Weis Markets (WMK), which operates 163 stores primarily in Pennsylvania, Maryland and New Jersey, also made the cut. This company has a great balance sheet, with $104 million or nearly $4 per share in cash and short-term investments, and no debt.
What makes this even more intriguing is the fact that the company owns 82 of its locations, unsecured by debt. Weis currently trades for about 13.5 times trailing earnings, and 1.41 times price to book value. The company's also yields a solid 2.9%.
WMK data by
Finally, I'd urge any investor who has not yet read Graham's "Intelligent Investor" to grab a copy. Far from antiquated, the book is filled with investment wisdom that stands the test of time.
At the time of publication the author had no position in any of the stocks mentioned.Follow @JonMHellerCFA This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
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
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV