This Day On The Street
Continue to site right-arrow
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!

Why Investors Want Crocs, Corning and Dollar General

Stocks in this article: CROX GLW DG WMT CBE

The company is even saying China will buy lots of new TVs and other electronics as that country gets ready to celebrate the New Year's holiday. Optimism is as ubiquitous as the number of shares traded on Nov. 27, over 42 million compared to its average daily trading volume of less than 14 million shares.

Make smarter trading decisions and provide investment ideas that could help make you richer. Bryan Ashenberg does the dirty work so you don't have to!

Below is the one-year price chart for GLW with its retained earnings and its price-to-book value, which as of the most recent quarter was only 0.77. This may be the second most impressive chart of the day. Pay close attention to the direction of retained earnings. GLW Chart GLW data by YCharts

The generous dividend that GLW pays represents a payout ratio of only 24% of earnings. This means not only is the dividend sustainable, it's likely to be increased in the year ahead. This stock still looks like a bargain from my perspective.

Finally, there's good old Dollar General (DG), a company I've written about before. It's still my #1 pick when it comes to discount retail stores, and by many measurements it makes Wal-Mart's (WMT) stock look expensive.

To make matters sweeter for DG, it will be added to the benchmark S&P 500 after the close of trading on Friday. It'll take the place of Cooper Industries (CBE), which is being consumed by Eaton (ETN).

So every fund and every manager that claims to duplicate the action of the S&P 500 will be buying DG shares real soon and in significant numbers. It's difficult to know how much this may help the price of DG, but the analyst consensus of a one-year price target near $61 is beginning to look more doable.

DG will be announcing its latest quarterly numbers on Dec. 11, and if the Thanksgiving weekend retails sales estimates were accurate, it wouldn't surprise this analyst if DG surprises to the upside. Consider buying some on the next down day and then wait for the earnings details to come.

Who says there are no bargains to be found in stocks? CROX, GLW and even DG are attractively priced and have the retained earnings and revenue (and some special circumstances) that should make investors smile throughout the remainder of 2012 and into the new year ahead.

As of the time of publication the author has a position in DG.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Jim Cramer and Stephanie Link actively manage a real money portfolio for his charitable trust- enjoy advance notice of every trade, full access to the portfolio, and deep coverage of the latest economic events and market movements.

2 of 2

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 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

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