Good shares at cheap prices are what the very best investors look for. At this time of economic turmoil and market volatility, could Capital Drilling (LON:CAPD) be one of them?
When it comes to the proven drivers of stock market profits, “good” and “cheap” is the best blend of quality and value that you can get. Research shows that poor quality, expensive shares tend to underperform – but high quality, cheap shares can deliver stunning profits.
The Capital Drilling share price has moved by 4.46% over the past three months and it’s currently trading at 61.49. The good news is that it scores well against some important financial and technical measures. It’s a large-cap share with strong exposure to high quality and a relatively cheap valuation.
Capital Drilling Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.