This Day On The Street
Continue to site
ADVERTISEMENT
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

8 Ag Chem Stocks With Upside Up to 128%: Analysts

1. Yongye International (YONG), through its primary operating subsidiary Yongye Nongfeng, engages in the manufacture, research and development and sale of fulvic acid-based liquid and powder nutrient compounds used in the agriculture industry in China. Its two principal segments are plant and animal products.

For 2010, the company reported a 118.3% increase in revenue to $214.1 million from 2009. Net income stood at $48.4 million or $1.05 per share, compared to $2.2 million or 7 cents in 2009. The company's performance improved after it acquired the Hebei customer list to sell its products directly to county-level distributors in Hebei Province, which accounted for 29% of sales in 2010.

For 2011, the company estimates revenue in the range of $315 million to $325 million, indicating an increase of 47.1% to 51.8% over 2010 levels. Furthermore, the company has raised its guidance and provided an estimate ahead of analysts'. Meanwhile, adjusted net income attributable to Yongye is seen in the range of $80 million and $82 million. The company plans to increase its independently owned Yongye-branded store count to 30,000 in 2011 from 24,036 at the end of 2010.

Of the four analysts covering the stock, 75% recommend a buy while the remaining suggests a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average 128.4% to $14 in the upcoming 12 months.

>>To see these stocks in action, visit the 8 Ag Chem Stocks With Upside Up to 128% portfolio on Stockpickr.

9 of 9

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AGU $105.16 -0.82%
CGA $2.12 0.95%
CF $294.44 1.61%
MON $118.46 0.83%
POT $33.35 -1.21%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs