NY Community Bancorp stock makes blog's 'undervalued' list
Joseph Ficalora Credit: Howard Schnapp
New York Community Bancorp, the largest bank company based on Long Island, is on a financial blog’s list titled “Seven Undervalued Stocks Now Selling at a Discount.”
SeekingAlpha.com said it “screened for companies that are trading below their five year price to sales per share average.”
The blog’s authors added “degree of rigor by focusing only on those companies with healthy EBT margins [per-tax margins].”
Among the positive comments about New York Community were, “The company also grows aggressively through acquisitions.”
Other companies on the list are:
- Annaly Capital Management
- Intel
- Canadian Imperial Bank
- Adobe
- Tim Hortons
- Yahoo
Photo: Joseph Ficalora, New York Community Bancorp chief executive, at the Westbury office.
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