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

By: Kapitall
Posted: 12/14/2010 1:22:00 PM
Referenced Stocks: AEL;AFG;AIG;CNH;DFG;HELE;MIM;MRH;NAVG;NLY;PFG;PL;PZE;Q;RNR;SIGI;SUR;TRW;TY;VZ

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.