3 Undervalued Industrial Metals & Minerals Stocks Favored By Analysts

Savvy investors know that you can make money by looking where other investors aren't, and that can mean looking deep into a company's fundamentals. Doing just that, today we identified industrial stocks that look undervalued from a price-multiple perspective and that are backed by firm analyst ratings. We came up with a short, but interesting list of industrial stocks definitely worth more consideration.The PEG ratio (price/earnings to growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share [EPS], and the company's expected growth. In general, the P/E ratio is higher for a company with a higher growth rate. Thus using just the P/E ratio would make high-growth companies appear overvalued relative to others. It is assumed that by dividing the P/E ratio by the earnings growth rate, the resulting ratio is better for comparing companies with different
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