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WellPoint, Inc. (WLP), National-Oilwell Varco, Inc. (NOV), Genworth Financial Inc (GNW): Buy the Dips, the Rally Isn’t Over Yet

Another pick that stands out in the oil-services sub-sector of the energy sector is National-Oilwell Varco, Inc. (NYSE:NOV). National-Oilwell Varco, Inc. (NYSE:NOV) is currently trading at a P/E of 12.5 and a forward P/E of 10.6, once again both ratios are significantly below the sector average of 22.8. National-Oilwell Varco, Inc. (NYSE:NOV) trades at a lowly price-to-book ratio of 1.45, compared to the sub-sector average of 4.

And lastly, in my opinion one of the best company’s currently on offer in the financial sector, Genworth Financial Inc (NYSE:GNW). Genworth Financial Inc (NYSE:GNW) trades at a P/E ratio of 15.3 and a forward P/E ratio of 7.9, compared to the life insurance sub-sector average of 15.2–not exactly cheap when compared to the rest of the sector but the company’s earnings are expected to jump this year, which should draw it back into value territory. On the other hand, Genworth Financial Inc (NYSE:GNW) is trading at a price-to-book ratio of 0.33, 66% below the life insurance sector average of 0.9x.


Overall, despite the recent market rally there are still some sectors that have been left behind, and while some company’s look expensive others still look very cheap.

The three stocks above all appear cheap and offer investors a rare opportunity to buy in at a reasonable price in this strong market.

The article Buy the Dips, the Rally Isn’t Over Yet originally appeared on and is written by Rupert Hargreaves.

Fool contributor Rupert Hargreaves owns shares of National Oilwell Varco (NYSE:NOV) and Genworth Financial. The Motley Fool recommends National Oilwell Varco and WellPoint. The Motley Fool owns shares of National Oilwell Varco and WellPoint. Rupert is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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