Monday, July 23, 2012

7 Mid Cap Industrial Stocks Trading Cheaply In Spite Of Analyst Favor


Targeting mid-cap companies is always an interesting endeavor. Mid-caps aren't quite large caps, so they offer room for growth, but they can also provide higher rewards, often found among their smaller cap peers. This is especially true in the industrial space, where the success of companies can ebb and flow with the changing tides of the global economy. One smart area to search in the industrial arena is among companies whose fundamental metrics suggest that they are trading below their true worth. It's even better to look among those stocks for only the companies that industry analysts have rated positively recently, and recommended as 'Buy'. Today we screened for companies with these traits, and we arrived at a compelling list of industrial stocks.The forward P/E is a price multiple valuation metric, which is similar to the current P/E ratio, except that it uses the forecasted earnings instead. While this
... Read the rest at SeekingAlpha.com

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