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Best Stocks to Buy Now for June 2014

One good way to screen for stocks to buy -- combine a favorable Piotroski F-Score with momentum

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Best Stocks to Buy Now – Preferred Apartment Communities (APTS)

preferred apartment communities apts best stocks to buyPreferred Apartment Communities (APTS) owns and operates multifamily housing communities. It also makes loans to developers of apartment communities, and many of them include a purchase option. Right now, APTS has six communities with more than 1,900 units, as well as 12 loans to developers, four bridge loans to finance pre-development costs and one mezzanine loan for a retail development project.

All of the loans related to multifamily development have a purchase option, so Preferred Apartments has the right to buy the development and add the units to their portfolio.

APTS stock is trading at just 79% of book value and yields a healthy 7.1% at the current price. APTS’s F-score is 6 (out of a potential 9), which indicates the fundamentals and financial condition of the company are solid and improving year-over-year.

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