Undervalued stocks are at the core of value investing, which is an investing strategy that involves investing in stocks that are selling for far less than its assumed intrinsic value.

Cheap stocks in every sense of the word, these stocks sell under $5 and are also undervalued. Includes 4 small cap stocks that deserve a 2nd look

An overview of March earnings for several microcap stocks:

APNC - Earnings increase by 155% YoY, on the back of a 69% increase in the first quarter. Already earned more in the first 6 months than the entire year in 2010. Still reviewing strategic alternatives to unlock shareholder value

Value investing in microcaps is more than just finding stocks that are cheap compared to their earnings power or P/B. The quality of the management team and effective compensation practices ensure that shareholders interests are aligned. If insiders have a financial stake in the stock, then the idea is that they are financially motivated to make smart, value-creating decisions.