3. American Lorain ( ALN) is a China-based integrated food company engaged in the development, manufacture and sale of processed food products. For 2010 fourth quarter, data from Bloomberg has analysts forecasting earnings per share of 30 cents, up from 24 cents per share and 16 cents per share reported in the year-ago and quarter-ago periods, respectively. For full-year, the company is likely to see earnings per share of 65 cents for 2010, 72 cents for 2011 and 90 cents for 2012, as against earnings of 55 cents per share for 2009. At $2.88, the stock is trading at an attractive price-to-earnings multiple of 3.5. In comparison, China Nutrifruit Group ( CNGL), Omega Protein ( OME), Smart Balance ( SMBL), and SkyPeople Fruit Juice ( SPU) are trading at PE multiples of 5.8, 13.6, 42.3 and 5.1, respectively. Analysts covering the stock recommend buying. The stock has 100% upside over the next 12 months with a consensus target price of $5.75, according to analysts polled by Bloomberg.