Top Value Stocks of Super Fund Renaissance Technologies

Another Renaissance stock with a low PEG is Kohl's(KSS Quote). This department store chain has a PEG of 0.8. In order to ramp up sales for the holiday season, Kohl's expanded its hours to attract more shoppers, opening at 4 a.m. instead of 5 a.m. on Black Friday. The stock has a P/E of 13.6.

Kohl's just appeared in Barron's Retail Stock Picks 11-10-2007, a list that also includes Abercrombie & Fitch(ANF Quote), with a PEG of 1, Wal-Mart(WMT Quote), with a PEG of 1.2, and Best Buy(BBY Quote), with a PEG of 1.

Schering-Plough(SGP Quote), with a PEG of 1.3, is another Renaissance holding. The Food and Drug Administration just accepted for review the new-drug application for asenapine, a tablet for the treatment of schizophrenia and acute mania or mixed episodes associated with bipolar disorder. Schering-Plough acquired asenapine through its recent acquisition of Organon BioSciences. Schering has a P/E of 22.7 and a yield of 0.9%.

Schering is owned by Schwab Health Care (SWHFX), a four-star Morningstar rated fund that has generated an average annual return of 18.8% for the last five years. The fund also owns Baxter International(BAX Quote), with a PEG of 1.6, Merck(MRK Quote), with a PEG of 1.8, and McKesson(MCK Quote), which has a PEG of 1.4.

For the rest of Renaissance Technologies' low-PEG-ratio stocks, check out the Top Stocks of a Top Hedge Fund at Stockpickr.com. And for the fund's entire holdings, check out the Renaissance Technologies portfolio too.