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Cheap Stocks for 2008: 10 Picks Under $10 rated Cbiz, Inc. (NYSE: CBZ) to Buy

Thursday,  Nov 29, 2007  4:00 PM ET by Dave Ficere

Cheap Stocks for 2008: 10
Picks Under $10 rated Cbiz, Inc. (NYSE: CBZ) to Buy.

CBIZ, Inc. (CBIZ) provides professional business services primarily to small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises throughout the United States and parts of Canada. The Company delivers its integrated services through four practice groups: Financial Services, Employee Services, Medical Management Professionals (MMP) and National Practices. Financial Services group includes accounting; tax; financial advisory; litigation support, and real estate advisory. Employee Services group provides group health; property & casualty; COBRA/flex; retirement planning; wealth management, and recruiting. MMP group includes coding and billing; accounts receivable management and full practice management services. National Practices group includes, managed networking and hardware services, and mergers & acquisitions. In July 2009, the Company announced the acquisition of EAO Consultants, LLC (doing business as Egan, Amato & O'Connor).

An investor shouldn't scoop up 100 shares of company XYZ just because its price looks like a steal (it could, after all, be cheap for a reason). But there are single-digit stocks that are beckoning for a breakout or ripe for a recovery. Move in at the right time, and you could wind up with a hidden gem for a bargain price.



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