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

2. China Ming Yang Wind Power (MY - Get Report) 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.
9 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 $13.45 -0.37%
C $39.86 -2.28%
GENT $55.26 -0.88%
ICA $0.77 -13.90%
LYG $3.62 -2.69%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs