Sagent Pharmaceuticals (SGNT)
Though Sagent Pharmaceuticals (SGNT) makes a few dozen generic drugs and has a similar number in the works, odds are good most investors couldn’t name a single one of them… and that’s a good thing for anyone on the hunt for cheap stocks from the pharma world.
How’s that? Well, in a world that’s largely driven by the search for the next blockbuster drug (and the hype that can get stirred up during the R&D process), the ensuing volatility can be complete torture for investors.
When you’re not looking to change the world with a drug breakthrough, though – and can just focus on churning out highly-marketable generic drugs – life and revenue becomes predictable, and stable.
And, that’s exactly what Sagent Pharmaceuticals is… a picture of consistency, even if not a poster child for pizzazz.
SGNT stock is also valued at a palatable trailing P/E of 19.8, and has logged six straight quarterly earnings beats, making it one of the best cheap stocks in the pharmaceutical industry.