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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

8 S&P 500 Stocks With Upside

NEW YORK (TheStreet) -- According to data compiled by Bloomberg, companies on the S&P 500 Index are likely to report revenue increases of 10% in 2011, doubling from 5.2% in 2010, boosted by a recovery in personal income and spending. Additionally, capital spending by these companies is seen expanding 21% in 2011. These revenue gains may further push the Index's profits to $99.08 per share, growing 17% from 2010.

Meanwhile, in a separate development, industry estimates predict a marginal acceleration in growth during the second half of 2011, with opportunities in the technology, industrials, and healthcare sectors. Barry Knapp, head of U.S. equity strategy at Barclays Capital, said that the nonfinancial corporate sector is witnessing robust recovery in profit and relative valuations are attractive.

Knapp further adds that fundamental drivers like analysts' earnings estimate revisions and expanding margins impart greater strength to companies in the industrial sector. Furthermore, capital investment is expected to be robust through the year, supporting the growth rate. Meanwhile, the Industrial SPDR ETF (XLI) has gained almost 32% during the past full year, and has grown 4.6% year-to-date.

These eight stocks from the industrial sector have potential upsides ranging from 11% to 14%. These stocks have no sell ratings and are analysts' favorites. The average buy and hold ratings for these stocks is 61% and 39%, respectively, based on a Bloomberg consensus.

The stocks are stacked based on upside, great to greatest.

1 of 9

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim 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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David 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
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

All 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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our 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
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!
DOW 17,079.57 -42.44 -0.25%
S&P 500 1,996.74 -3.38 -0.17%
NASDAQ 4,557.6950 -11.9260 -0.26%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs