Grocery store chain Weis Markets (WMK - Get Report), 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.
Check Out Our Best Services for Investors
- $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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts