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
TheStreet Open House

5 Value Stocks Insiders Are Snapping Up

Modine Manufacturing

Insiders have been snapping up shares of Modine Manufacturing (MOD), which makes heat management products. Sadly for insiders, shares keep falling to fresh lows.

Investors have grown spooked that Modine has considerable exposure to Europe, and fear that a continent-wide economic meltdown will crimp results. That would be a shame because management has embarked on a series of cost-cutting moves that would have set the stage for sharply rising EPS.

>>12 Highest-Rated Consumer Stocks Picked By S&P

Analysts have been trimming their profit forecasts, but still expect EPS to rise by more than 50% in fiscal (March) 2013 to around $1.15 a share. Let's assume that the European economic crisis deepens and Modine only earns around 90 cents a share. Even in that context, shares are quite a bargain trading below $7.

Shares also trade at a 5% discount to tangible book value, highlighting further downside support for this beaten-down stock.

Casual Male

Casual Male (CMRG), a retailer of menswear for the "big and tall" crowd, has surely felt the effects of a slow economy. Sales growth has been anemic, blunting major gains management had undertaken to boost gross and operating profit margins.

As a result, Casual Male is likely to earn around 25 cents to 30 cents a share in both fiscal (January) 2013 and 2014. Shares look neither overly pricey nor cheap, trading around 10 times that figure. But if the economy improves, the profit outlook could prove to be quite conservative.

To show you how undervalued this stock is, check out the price/sales ratio. Casual Male generates more than $400 million in annual sales, but the company is valued at just $140 million. That valuation was too tempting for Chairman Seymour Holtzman to ignore. Along with company director Mitch Presser, Holtzman has been consistently buying stock for much of the past six months.

Freescale Semiconductor

Freescale Semiconductor (FSL) was the chip division of Motorola that was taken private five year ago (for $17.6 billion) and then brought public again in the summer of 2011. Shares initially traded up near the $20 mark, but can be had for around $11 these days. That's the price at which a company director recently bought 40,000 shares. Freescale makes embedded chips that go into a range of applications such as automotive electronics, wireless transmission devices and consumer appliances.

2 of 3

Select the service that is right for you!

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 17,115.57 +44.35 0.26%
S&P 500 1,980.41 +2.61 0.13%
NASDAQ 4,513.2420 +7.39 0.16%

Brokerage Partners

Rates from

  • 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