10 Stocks Under $10 With Upside
2. China Ming Yang Wind Power (MY) is a wind turbine manufacturer in China, focusing on the design, manufacture and service of wind turbines.
During the fourth quarter of 2010, total revenue stood at $260 million, increasing 15% over third-quarter 2010 and 404% over fourth-quarter 2009. Net income for the period stood at $32.2 million, up 19.7% over the third quarter of 2010. The company incurred a loss in the fourth quarter of 2009.
Gross margin for the fourth quarter was 22.3%, compared with 16.7% in the previous quarter and 12.3% in the year-ago quarter. During the period, wind turbine generators commissioned by the company reached a historical high of 253 units of 379.5 megawatts, rising 6% over the third quarter of 2010 and 462% over the fourth quarter of 2009.
For 2011, the company targets sale contracts at 1,400 units of 1.5 megawatt WTGs and 100 units of 3 megawatt super compact drive WTGs. The stock is trading at 6.5 times its estimated 2011 earnings with an estimated upside of 77% in the next year.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
