By Zack Buckley and Glen Bradford
We would like to make a distinction between these companies and previous companies we've mentioned because we are only long a few of the opportunities that we're discussing in this part of the series. That being said, most of these are still very undervalued companies or we wouldn't mention them. In general, we believe the previously mentioned companies are better opportunities. But, we'd love to reserve the right to be wrong. We often are.
Skypeople Fruit Juice (SPU) is a rapidly growing company with a price-to-earnings ratio of 8. It just recently uplisted to Amex, but despite its recent climb it still appears undervalued. For growth, Skypeople is expanding its capacity to 60,000 tons in 2010 from 30,000, promoting its proprietary brand Hedetang, and expanding its product offerings.China Gerui Advanced Materials (CHOP) is the largest manufacturer of high precision cold-rolled strip steel products in China. It is a market leader with a P/E of 7 and has been growing income rapidly. China's steel industry is growing at a compound annual growth rate of 18% and is continuing to grow as a result of huge government investments in infrastructure spending. To grow, China Gerui plans on doubling capacity to 500,000 tons by 2011 and adding different metals to its product. Asia Cork (AKRK.OB) is a leading producer of cork wood floor, wall and decorations. Its main competitive advantage is its raw material supply; it owns a cork forest. In addition, Asia Cork is currently trading at a P/E of 6.5. The management team has so far been very shy about displaying the company, but if this changes in the future Asia Cork will be rewarded by greater investor awareness through a higher stock price. Telestone Technologies (TSTC) is a wireless communications solutions provider. It's exploding with almost 100% revenue growth in 2009 and 2010 expected growth of close to 50%. This company is trading at a P/E of only 12.5. Actually, it's currently around the low for the year. Tim Sykes suggested it as a potential short. If you have the ability to buy and hold until appreciation, this is one you'll appreciate to have in your portfolio.
More Stock Ideas
|Top 10 Dow Dividend Stocks
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV