Market Features

5 Undervalued Stocks Under $10 to Buy Now

Stock quotes in this article:ATVI, CVTI, ERES 

10 Stocks

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Green Plains Renewable Energy(GPRE) is a one-stop shop. The company has an ethanol production capacity of approximately 480 million gallons per year. In addition, its Green Plains Trade is an independent third-party ethanol marketing business, with 360 million gallons of annual production under contract. As ethanol becomes a more popular and more eco-friendly solution than gasoline, I expect Green Plains to really take off.

Green Plains had a phenomenal first quarter. After suffering a $9.3 million loss, or 38 cents per share, in the first quarter of 2009, the company catapulted to a $15.6 million, or 58 cents per share, profit this year. Revenues almost doubled to $426.5 million, up from $221.1 million. The results were a combination of higher production volumes, more business from third-party marketing customers and cost efficiencies.

As of this writing, Nancy Zambell was recommending all of the stocks named here to subscribers of her advisory service, Buried Treasures Under $10.

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