According to the GuruFocus All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair values are far above the current prices. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.
Wi-LAN Inc. (WILN) is trading around $1.83 per share. The Peter Lynch value gives the stock a fair price of $2.3 so the stock is undervalued with a margin of safety of 22%. Twelve weeks back the stock started its positive upward trend; it now registers a positive performance of 36.3%.
The company develops, acquires and licenses a range of intellectual property that drives products in the communications and consumer electronics market, which includes wireless fidelity data over cable service, multimode wireless, bluetooth and V-Chip.
The stock is trading with a price-earnings (P/E) ratio of 20.37, which is higher than 56% of companies in the Global Communication Equipment industry. The price is 38.82% below its 52-week high and 46.46% above its 52-week low. The price-book (P/B) ratio is 0.88.
Hot Undervalued Stocks To Watch Right Now: JAKKS Pacific, Inc.(JAKK)
- [By Roberto Pedone]
One under-$10 toy player that’s trending very close to triggering a major breakout trade is Jakks Pacific (JAKK), which is a producer and marketer of children’s toys and other consumer products. This stock has been destroyed by the bears so far in 2013, with shares off sharply by 60%.
If you take a look at the chart for Jakks Pacific, you’ll notice that this stock has been downtrending badly for the last two months and change, with shares plunging from its high of $11.75 to its recent low of $4.82 a share. During that downtrend, shares of JAKK have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of JAKK look like they might be ready to see an end to its downside volatility in the short-term if the recent lows can hold. I believe this due to the fact that JAKK has started to move sideways and trend within range of triggering a major breakout trade.
Traders should now look for long-biased trades in JAKK if it manages to break out above some near-term overhead resistance levels at $5.08 to $5.27 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 695,817 shares. If that breakout triggers soon, then JAKK will set up to re-test or possibly take out its next major overhead resistance levels at $5.68 to its 50-day moving average at $6.07 a share. Any high-volume move above its 50-day will then put $7 to $8 into range for shares of JAKK.
Traders can look to buy JAKK off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $4.87 to $4.82 a share. One can also buy JAKK off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Peter Graham]
A long term performance chart shows shares of Hasbro, Inc largely going in one direction while shares of peers likemid cap Mattel, Inc (NASDAQ: MAT)and small cap JAKKS Pacific, Inc (NASDAQ: JAKK) have gone in the other direction:
Hot Undervalued Stocks To Watch Right Now: Harmony Gold Mining Company Limited(HMY)
- [By Lisa Levin]
In trading on Thursday, basic materials shares fell by 0.73 percent. Meanwhile, top losers in the sector included Silver Wheaton Corp. (USA) (NYSE: SLW), down 5 percent, and Harmony Gold Mining Co. (ADR) (NYSE: HMY), down 5 percent.
- [By Lisa Levin] Gainers Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) shares rose 18.4 percent to $68.65 in pre-market trading as the company reported upbeat results for its first quarter. Jack in the Box Inc. (NASDAQ: JACK) shares rose 9.5 percent to $111.60 in the pre-market trading session after the company posted better-than-expected earnings for its second quarter. The company also disclosed that it has retained Morgan Stanley to evaluate potential alternatives for Qdoba. Coherus Biosciences Inc (NASDAQ: CHRS) rose 9.8 percent to $24.20 in pre-market trading. Coherus BioSciences disclosed that it prevailed in ‘135 IPR decision. Qiwi PLC (NASDAQ: QIWI) rose 8.1 percent to $21.49 in pre-market trading after reporting strong quarterly results. Korea Electric Power Corporation (ADR) (NYSE: KEP) shares rose 7.9 percent to $20.00 in pre-market trading after dropping 4.33 percent on Tuesday Target Corporation (NYSE: TGT) shares rose 7.5 percent to $58.60 in pre-market trading after the company reported stronger-than-expected results for its first quarter. AngloGold Ashanti Limited (ADR) (NYSE: AU) rose 4.3 percent to $11.71 in pre-market trading after falling 0.09 percent on Tuesday. Colgate-Palmolive Company (NYSE: CL) rose 4.1 percent to $74.53 in pre-market trading after the NY Post reported that the company might be up for sale for $100 per share. Harmony Gold Mining Co. (ADR) (NYSE: HMY) rose 4 percent to $2.35 in pre-market trading after declining 1.74 percent on Tuesday. Core Laboratories N.V. (NYSE: CLB) rose 3.6 percent to $109.00 in pre-market trading after gaining 0.39 percent on Tuesday. Clovis Oncology Inc (NASDAQ: CLVS) rose 3.2 percent to $51.15 in pre-market trading. JP Morgan upgraded Clovis Oncology from Neutral to Overweight.
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- [By Javier Hasse]
Harmony Gold Mining Co. (ADR) (NYSE: HMY) rose 2.2 percent on Friday, even though gold prices dropped. However, the stock lost 3.7 percent in after-hours trading, in what also seemed like a correction of the surge seen during the day.
- [By Lisa Levin]
In trading on Friday, basic materials shares tumbled by 1.20 percent. Meanwhile, top losers in the sector included McEwen Mining Inc (NYSE: MUX), down 6 percent, and Harmony Gold Mining Co. (ADR) (NYSE: HMY), down 6 percent.
Hot Undervalued Stocks To Watch Right Now: M.D.C. Holdings, Inc.(MDC)
- [By Lisa Levin]
Cyclical consumer goods & services sector was the top gainer in the US market on Tuesday. Top gainers in the sector included M.D.C. Holdings, Inc. (NYSE: MDC), Delta Apparel, Inc. (NYSE: DLA), and Commercial Vehicle Group, Inc. (NASDAQ: CVGI).
Hot Undervalued Stocks To Watch Right Now: Castlight Health, inc.(CSLT)
- [By Todd Campbell]
Castlight Health (NYSE:CSLT)share price climbed 13.2% Wednesday after an SEC filing revealed that Maverick Capital had significantly boosted its stake in the company to 10.6%.
Hot Undervalued Stocks To Watch Right Now: Skyworks Solutions, Inc.(SWKS)
- [By WWW.THESTREET.COM]
But Skyworks (SWKS) reported a remarkable quarter, yet it’s getting hit.
It showed some terrific Internet of Things orders and not just Apple (AAPL) and Samsung, although both are excellent customers in a very big year.
- [By Ben Levisohn]
Skyworks Solutions (SWKS) soared to the top of the S&P 500 today after beating first-quarter earnings forecasts, and offering above-consensus second-quarter guidance.
Skyworks Solutions gained 13% to $88.67, while the S&P 500 rose 0.3% to 2,271.31.
Oppenheimer’s Rick Schafer and team argue that Skyworks’ “growth [is] back on track.” They explain:
We expect Skyworks to deliver above-market growth driven by 1) continued smartphone content gains; 2) China share gains through strengthening baseband partnerships and demand for integrated (vs. discrete) RF solutions; 3) seasonal uptick at Samsung; and 4) continued double-digit RF complexity increases. With its “one-stop-shop” systems-level approach, we seeSkyworks uniquely positioned to benefit from rising RF content. We reiterate Outperform and raise PT to $105 from $100.
Skyworks Solutions’ market capitalization rose to $16.5 billion today from $14.6 billion yesterday.
- [By Harsh Chauhan]
More importantly, Apple could build around 120 million new iPhones this year as compared to 89 million units of the iPhone 7/7S in 2016 — according to Mizuho. This is great news for the other companies in Cupertino’s supply chain — such as Skyworks Solutions (NASDAQ:SWKS), Broadcom (NASDAQ:AVGO), and Cypress Semiconductor (NASDAQ:CY) — as they won’t have to wait until the second half of the year to bask in iPhone-driven glory.