This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 50 Most Undervalued Companies for 2010 (Part 4)

Fuqi International ( (FUQI) has been growing at a rapid pace and has an incredibly strong balance sheet with a cash balance of $173 million and a market cap of only $330 million. With a P/E slightly above 5 and exploding earnings, this is an interesting opportunity. Some downsides are that Fuqi has recently had some controversy when it restated earnings. We would like to see the company generate cash. Although Fuqi has blowout earnings, shareholders are yet to see positive cash flow.

China North East Petroleum (NEP - Get Report) is engaged in the exploration and production of crude oil in Northern China. If you believe that China is hungry for energy and the next crisis could be related to the global oil production surplus going into a deficit, this is a practical way to capitalize. It's hard to say since we're waiting on a report that could send the share price skyrocketing. To do this, all China North East needs to do is offer non-GAAP guidance on a forward basis.

I've been following China Redstone Group (CGPI.OB) since mid-February when I was forced to pass up a purchasing opportunity that has since returned over 100%. It launched under the ticker APBS and recently retickered. Fully diluted, my share count is 13.4 million and for fiscal I'm looking at top-line revenue of $36 million and net income of $15.8 million. Did you know that the death care industry has consistently ranked among the top 10 most profitable industries in China? You do now.

Sinohub (SIHI) is involved in electronic sales although it doesn't modify the products in any way. It provides packing, warehousing, logistics, and import/export services. Sinohub currently trades at a P/E of just over 6. The company just released 2010 revenue guidance of $180 million, not bad for an expanding $85 million company. Not bad at all.

Gold Horse (GHII.OB) is a speculative play that will be very rewarding to shareholders if it is able to continue gaining construction contracts. Gold Horse is a construction company in Hohhot, the capital of Inner Mongolia trading at one-sixth of book value and four times earnings. The company has some recurring streams of revenue that should continue generating money for shareholders. Investors should be very careful as there was some question as to whether Gold Horse would go bankrupt, but recently it secured more construction contracts. We have tried endlessly to get in touch with the U.S.-based Chief Financial Officer Adam Wasserman and unfortunately are still waiting for a response.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TSTC $0.00 0.00%
CHOP $0.61 -6.80%
NEP $26.93 3.80%
SPU $0.59 0.00%
AAPL $118.82 0.91%


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs