When looking for stable large cap companies that are undervalued by the market, consider these additions to help strengthen your portfolio.
Metrics considered included standard valuation ratios, book value, growth patterns; all of which are supported with a combination of insider and institutional buying.
Genworth Financial Inc. (NYSE: GNW)
In January, Genworth announced a new U.S. mortgage insurance plan and in February the company reported a 17 percent increase in profit for the same quarter one year prior.
Genworth is currently trading at $9.80 per share, slightly above the average analyst price target.
Eni SpA (NYSE: E)
The passing of Venezuelan President Hugo Chavez may increase opportunities for Eni as the govermental anti-american sentiment in Venezuela may begin subside. Shares are currently trading at $47.07. JP Morgan Case & Co. (NYSE: JPM) Yesterday, JPM announced that the firm passed the Dodd-Frank Act Stress Test which required at least a five percent capital buffer. Shares are trading at $50.25, almost nine percent below the average target price of $55.14
Lincoln National Corporation (NYSE: LNC)
Lincoln National is trading up 4.36 percent Friday to $33.01 on the jobs report.
Tyson Foods (NYSE: TSN)
Shares of Tyson Foods are currently at $23.96, 11.8 percent below the average price target of 27.17.
Citigroup Inc. (NYSE: C)
Along with these numbers, price per earnings, sales and book are all notably below the industry average.
Thursday, Citigroup announced a 1.2B dollar buy back along with passing the stress test, a measure it failed last year. Shares are up nearly 3.5 percent to $46.55 on this news. Despite Friday’s large gain, shares are still trading below the $47.19 average analyst price target.
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Tags: Dodd-Frank, Hugo Chavez
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