Tuesday, June 19, 2012

8 Undervalued Mid Caps With Strong Growth Projections


Mid-cap stocks provide a unique investment opportunity. After all, mid caps by definition still have room to grow to join the ranks of their larger cap peers. Today, we screened for mid caps that look undervalued from a price-multiple perspective, yet also have strong projected growth on the horizon. We think you'll find the list we came up with rather interesting.EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. The 5-Year Expected EPS Growth Rate is a long term annual growth estimate, where the growth projections are made by analysts, the company or other credible sources.The Price/Sales ratio is a price-multiple valuation metric used to help identify if a firm is cheap by its twelve month trailing sales numbers. In the most basic terms it let's an investor know how much the investment community is willing to pay for every dollars worth
... Read the rest at SeekingAlpha.com

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