Top 5 All-Around-Value Stocks for Jan. 13

Given the current economic climate, Chevron announced that disciplined capital spending and tight control over costs would be extremely important to its financial success in the future. Although the company currently shows low profit margins and a weak quick ratio of 0.91 could cause future short-term cash flow problems, we feel that the strengths detailed above outweigh any potential weakness at this time.

FPL Group(FPL Quote) owns and operates Florida Power & Light Company, supplying electric service to a population of more than eight million throughout most of the east and lower west coasts of Florida. We had previously rated it a hold but upgraded it to a buy on Jan. 8. This rating is supported by the company's revenue growth, increase in net income, improved EPS and relatively strong performance in comparison with the S&P 500 during the past year.

For the third quarter of fiscal 2008, the company's revenue growth of 17.7% year over year was higher than the industry average of 6.5%. The company's EPS improved 44.4% in the third quarter when compared to the same quarter last year. The EPS results increased from $1.33 to $1.92, continuing a trend of positive EPS growth over the past two years. Net income also increased significantly, rising 45.2% from $533 million to $774 million. FPL's net profit margin of 14.4% compares favorably to the rest of the industry. Although FPL's share price is off by a sharp 29.7% when compared to a year ago, its decline was not as bad as the broader market plunge during the same time frame. The improvement in EPS may have helped cushion the fall a bit, and the stock price drop should not necessarily be considered a negative at this time.