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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

5 Hidden Earnings Bargains Worth Buying Now

Goodyear Tire

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

There isn't much excitement going on at Goodyear Tire (GT). Shares of one of the world's largest tire and rubber manufacturers have mostly meandered sideways in the last year, underperforming the broad market rally that's been lofting most other equity names higher over that same time period. But that boring business does have at least one exciting aspect: It's dirt-cheap. While the firm's P/E ratio currently sits in bargain territory at 7, Goodyear's ex-cash P/E is a floor-hugging 1.61.

Goodyear's name is synonymous with tires, and that's a good thing. Tires are a must-do action item for car owners, since driving on bald or damaged tires is one of the easiest ways to get in an accident. America's aging car fleet currently sports a higher average age than ever before, which should help spur tire sales in 2013. At the same time, a growing pace of new car sales is increasing the number of OEM sales Goodyear is booking right now. That pace should continue as long as central banks keep shoveling cheap money to consumers.

That doesn't mean that Goodyear is without some challenges. Rising input costs and a costly, unionized North American workforce has made GT look unattractive to shareholders in the past. But now, the combination of a bargain price tag and industry tailwinds could send shares higher this quarter. From a technical standpoint, I'd recommend sitting on the sidelines until shares are able to settle at a support level.

Stock quotes in this article: ETFC, GT, IPG, MFC, WDC 

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.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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