9 Stocks to Play in the Sandy Recovery

NEW YORK ( TheStreet) -- The recovery from the damages caused by super storm Sandy continues in the tristate area of New York and in the Northeast in general. Some homes and businesses are gone, but others will survive thanks to the products and services provided by the nine companies I am profiling today.

Six months after the wrath of Sandy, many families remain homeless. In some devastated areas, recovery grants are just stating to become available. Many victims spent their life savings to begin their own recoveries and now find it difficult to qualify for some aid programs due to resulting lower credit scores.

Some areas along the coast need to be completely rebuilt, under much stricter building codes. In many cases, it will cost thousands of dollars to meet new standards, with the source of funds to do so still to be determined.

In sum, scars clearly remain, but the human spirit to survive is strong.

We are in the midst of first-quarter 2013 earnings season, and six of the nine stocks I am profiling today have already reported their results. Only one missed earnings-per-share estimates. One reports premarket on Tuesday, when this column will be published. The other two report in two weeks.

When you talk about recovering from a super storm, you focus on companies in the construction sector, which is overvalued by 17.9%. These companies provide building materials such as lumber and paint. Other companies are in the retail-wholesale sector, which is 17.4% overvalued, and the industrial products sector, which is 7.3% overvalued. Such companies provide miscellaneous building, machine tools and other repair items. The consumer discretionary sector, which is 8.9% overvalued comes into play in choosing the replacement household appliances.

Reading the Table

OV / UN Valued: The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage, according to ValuEngine.

VE Rating: A "1-Engine" rating is a Strong Sell; a "2-Engine" rating is a Sell; a "3-Engine" rating is a Hold; a "4-Engine" rating is a Buy; and a "5-Engine" rating is a Strong Buy.

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