6. Companhia Siderurgica Nacional ( SID) is an integrated steel producer in Brazil with interests in mining and logistics.

The company's efficient cost-containment strategy and lower selling and administrative expenses improved operating margins. EBITDA margin rose 43.1% during the first nine months of 2010, compared to 30% in the year-ago period.

Net sales for the first nine months were up 38%, attributable to higher domestic sales. The uncertainty in global markets has dipped the share of exports in overall revenue to around 27%, compared to 29% during the same period last year.

The stock is trading at 11.8 times its estimated 2011 earnings and consensus analysts' estimates indicate a 30-35% earnings growth during the present year. However, weaker steel prices and higher capex related to investments in a railroad and securities trading could dampen earnings, going ahead.

If you liked this article you might like

Trader's Daily Notebook: Is a Battered Brazil Worth a Buy?

Bullish and Bearish Reversals in the Market

These 5 Stocks Under $10 Look Ready to Break Higher

Sprint, Chesapeake, 3 More Stocks Under $10 Look Ready to Break Higher

These 5 Financial Sector Trades Are Breaking Out Ahead of the Rate Hike