Companies You’ve Never Heard Of: INTL Fcstone (INTL)
INTL Fcstone (NASDAQ:INTL) might be the most unknown name on this list — and it almost certainly is the cheapest stock. INTL has a market cap of just over $700 million at the moment, despite fiscal 2016 revenue near $15 billion.
But INTL is a key part of the global financial system, clearing and executing trades in the commodity, currency and stock markets across the world. In the global commodities market, in particular, INTL FCStone is a key cog, as witnessed by its revenue numbers. In fiscal 2012, INTL generated $66 billion in revenue. The huge decline has come because commodity prices have fallen — not because INTL necessarily is doing less business.
As a stock, INTL is one of the more interesting plays in the market at the moment. With one of the largest businesses in the financial world, the stock still looks cheap, trading at roughly 13 times its fiscal 2016 earnings. Certainly, many investors likely have never heard of the company — and that might provide an opportunity for those that have.