20 Stocks Hitting New Highs, That Remain Undervalued Relative to Cash

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Compiled by Eben Esterhuizen, CFA: The following is a list of stocks that have reached a new high during recent sessions. All of these stocks are undervalued, when comparing the current price to the free cash flow per share (P/FCF ratio).

To compile the list, we started with a universe of about 200 companies that have hit highs during recent sessions. We then narrowed down the list by only focusing on those stocks that have low P/FCF values.

This list might offer a good starting point for value-oriented momentum investors. To analyze these ideas, simply click on the links below.

P/FCF ratios sourced from Finviz.

Analyze These Ideas (Tools Will Open In A New Window)

1. Access a performance overview of all stocks mentioned below
2. Compare market caps for the top 9 stocks mentioned below
3. Compare analyst ratings for the top 9 stocks mentioned below

 

The list has been sorted by the P/FCF ratio.

1. Annaly Capital Management, Inc. (NLY):
REIT. Market cap of $11.33B. P/FCF ratio at 1.53. Short float at 4.61%, which implies a short ratio of 3.04 days. The stock has gained 13.73% over the last year.

2. American International Group, Inc. (AIG):
Property & Casualty Insurance Industry. Market cap of $32.38B. P/FCF ratio at 1.65. Short float at 14.5%, which implies a short ratio of 3.85 days. The stock has gained 71.03% over the last year.

3. American Equity Investment Life Holding Co. (AEL): Life Insurance Industry. Market cap of $739.12M. P/FCF ratio at 1.92. Short float at 11.43%, which implies a short ratio of 7.82 days. The stock has gained 64.06% over the last year.

4. Protective Life Corp. (PL): Life Insurance Industry. Market cap of $2.28B. P/FCF ratio at 2.31. Short float at 4.07%, which implies a short ratio of 6.38 days. The stock has gained 58.96% over the last year.

5. American Financial Group Inc. (AFG):
Property & Casualty Insurance Industry. Market cap of $3.51B. P/FCF ratio at 4.4. Short float at 0.71%, which implies a short ratio of 1.58 days. The stock has gained 39.18% over the last year.

6. Delphi Financial Group, Inc. (DFG): Life Insurance Industry. Market cap of $1.56B. P/FCF ratio at 4.4. Short float at 5.03%, which implies a short ratio of 10.33 days. The stock has gained 33.64% over the last year.

7. Montpelier Re Holdings Ltd. (MRH):
Property & Casualty Insurance Industry. Market cap of $1.36B. P/FCF ratio at 4.49. Short float at 6.88%, which implies a short ratio of 7.22 days. The stock has gained 18.03% over the last year.

8. Principal Financial Group Inc. (PFG):
Asset Management Industry. Market cap of $10.19B. P/FCF ratio at 4.7. Short float at 3.34%, which implies a short ratio of 3.56 days. The stock has gained 37.57% over the last year.

9. RenaissanceRe Holdings Ltd. (RNR): Property & Casualty Insurance Industry. Market cap of $3.49B. P/FCF ratio at 6.55. Short float at 2.04%, which implies a short ratio of 3.04 days. The stock has gained 21.65% over the last year.

10. TRW Automotive Holdings Corp. (TRW): Auto Parts Industry. Market cap of $6.35B. P/FCF ratio at 6.65. Short float at 3.97%, which implies a short ratio of 2.74 days. The stock has gained 116.41% over the last year.

11. Selective Insurance Group Inc. (SIGI): Property & Casualty Insurance Industry. Market cap of $958.9M. P/FCF ratio at 6.71. Short float at 2.22%, which implies a short ratio of 8.37 days. The stock has gained 15.91% over the last year.

12. CNA Surety Corp. (SUR): Surety & Title Insurance Industry. Market cap of $1.06B. P/FCF ratio at 6.98. Short float at 1.11%, which implies a short ratio of 3.29 days. The stock has gained 60.89% over the last year.

13. Petrobras Energ (PZE): Major Integrated Oil & Gas Industry. Market cap of $2.44B. P/FCF ratio at 7.33. Short float at 1.2%, which implies a short ratio of 4.05 days. The stock has gained 53.6% over the last year.

14. CNH Global NV (CNH): Farm & Construction Machinery Industry. Market cap of $11.05B. P/FCF ratio at 7.41. Short float at 1.58%, which implies a short ratio of 1.15 days. The stock has gained 94.4% over the last year.

15. Tri-Continental Corporation (TY): Closed-End Fund. Market cap of $942.25M. P/FCF ratio at 7.6. Short float at 1.46%, which implies a short ratio of 10.48 days. The stock has gained 22.1% over the last year.

16. Navigators Group Inc. (NAVG): Property & Casualty Insurance Industry. Market cap of $893.55M. P/FCF ratio at 8.07. Short float at 3.47%, which implies a short ratio of 12.33 days. The stock has gained 7.41% over the last year.

17. Verizon Communications Inc. (VZ): Telecom Services. Market cap of $96.42B. P/FCF ratio at 8.15. Short float at 1.52%, which implies a short ratio of 2.5 days. The stock has gained 7.64% over the last year.

18. Helen of Troy Limited (HELE): Appliances Industry. Market cap of $882.43M. P/FCF ratio at 8.4. Short float at 2.66%, which implies a short ratio of 4.39 days. The stock has gained 31.21% over the last year.

19. Qwest Communications International Inc. (Q): Telecom Services. Market cap of $12.95B. P/FCF ratio at 9.19. Short float at 8.27%, which implies a short ratio of 5.83 days. The stock has gained 91.99% over the last year.

20. MI Developments Inc. (MIM): Property Management Industry. Market cap of $795.94M. P/FCF ratio at 9.47. Short float at 0.09%, which implies a short ratio of 0.37 days. The stock has gained 39.56% over the last year.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks


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