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

10 Stocks Under $10 With Upside

NEW YORK ( TheStreet) -- Empresas ICA (ICA - Get Report), Citigroup (C - Get Report), Mizuho Financial Group (MFG), Natuzzi (NTZ - Get Report), Sumitomo Mitsui Financial (SMFG), Gentium S.p.A. (GENT), Bona Film Group (BONA - Get Report), Lloyds Banking Group (LYG - Get Report), China Ming Yang Wind Power (MY - Get Report) and Flamel Technologies (FLML) are expected to return up to 112%, based on their respective 12-month price targets.

These 10 stocks have market caps above $100 million and are trading at less than $10 a share. Analysts expect these 10 stocks to outperform their peers and broader markets, based on their respective 12-month price targets. These stocks have an upside potential of 24% to 112% with an average upside value of around 61% and average buy ratings of 69%.

These stocks pan sectors such as financials, information technology, engineering, furniture, pharmaceuticals and entertainment.

10. Citigroup (C - Get Report) is a diversified, international financial services conglomerate.

Net income reported for first-quarter 2011 was $3 billion, declining from $4.4 billion in the year-ago quarter but doubling sequentially. The 32% drop in first-quarter earnings topped analysts' estimates as earnings from consumer banking improved and reduced the allowance for future losses.

Consumer net credit losses dropped 32% to $5.4 billion, driven by the continued improvement in credit cards and residential real estate lending. Net credit losses were $6.3 billion, sliding 25% from 2010 first quarter. As a sign of improving credit quality, Citigroup's total allowance for loan losses at the end of March was $37 billion, or 5.8% of total loans, down from $49 billion, or 6.8%, in the same period last year.

For 2011 first quarter, Citigroup reported revenue of $19.7 billion, narrowing 22% from 2010's first quarter. Net interest revenue was $12.2 billion, 16% lower than the prior-year period, largely attributable to declining loan balances in local consumer lending.

The stock is trading at 10.6 times its estimated 2010 earnings with a potential upside of 24% in the next year.

1 of 10

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
BONA $12.71 -0.31%
C $54.18 -0.18%
GENT $55.26 -0.88%
ICA $1.32 -1.49%
LYG $4.37 0.23%


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