Top NYSE Short-Squeeze Stocks

Another high-short-ratio stock on the Big Board is aerospace and defense contractor Heico(HEI Quote). The stock was downgraded in October by Suntrust from buy to neutral. Heico has a P/E of 35, a PEG ratio of 1.8 and a yield of 0.2%.

Heico shows up in the MSN Money 40 Best Fundamentals portfolio at Stockpickr that lists the top 40 stocks according to MSN Money that have the best fundamentals. Other stocks in the portfolio are AllianceBernstein Holding(AB Quote), which has a 1.2 short ratio, ADC Telecom(ADCT Quote), with a 3.1 short ratio, and Agco(AG Quote), with a 4 short ratio.

HealthSouth(HLS Quote) is another highly shorted NYSE stock, with a short ratio of 29.9. The company reported a $3.13 per share profit versus a loss of $1.04 last year. The stock has a P/E of 2.7 and a PEG ratio of 0.8.

HealthSouth was in the Barron's Insider Purchases 8-25-07 portfolio at Stockpickr. Other stocks in this portfolio include Enterprise Products Partners(EPD Quote), with a short ratio of 6.7, and Lazard(LAZ Quote), with a short ratio of 5.

For more potential short-squeeze stocks with low PEG ratios, check out the Top 10 NYSE Short-Squeeze Stocks at Stockpickr.com. And for more ideas, check out the Top S&P 500 Short-Squeeze Stocks.