"Stocks now appear back in an oversold condition, which we view as a ripe environment for active portfolio managers," Eric J. Marshall, director of research at Hodges Capital Management, wrote in a recent report. Meanwhile, Thomas Villalta, chief investment officer at Jones Villalta Opportunity Fund, noted in a recent report that "at the mid-point of 2010, the economic trajectory continues to support the assertion that the economy is recovering." Thus, we at TheStreet have picked five large- and medium-sized consumer goods stocks that we deem to be undervalued, based on the number of strong buy recommendations they currently hold from equity analysts and their price/earnings ratio, relative to their respective industries. Click on to see our picks...
NEW YORK ( TheStreet) -- One investor's market beat-down is another investor's buying opportunity. And with increasing numbers of portfolio managers predicting that the market will end the year higher from current levels, this could well be an opportune time to seek out cheap stocks and take profits later.
Procter & Gamble (PG)
Johnson & Johnson (JNJ)
J.M. Smucker (SJM)
Scotts Miracle-Gro (SMG)
Which Consumer Goods Stock is Cheapest?
|Click here to vote for the cheapest consumer goods stock |
3 Consumer Plays That Beat the Ten-Year Note
|Click here to look at stocks that are better investments than the ten-year note |
Stockpickr.com. Follow Andrea Tse on Twitter and become a fan on Facebook.