Exclusively for the readers of the InvestorsEdge blog, here is a list of the top 10 most undervalued stock picks for 2010.
Allied Irish Bank (AIB) – The Allied Irish Bank, along with its subsidiaries, is a provider of retail and corporate banking, investment banking and asset management services. They are principally located in Ireland, the United States, the United Kingdom, and Poland. Stock prices are 182% higher than last year and the company will publish its 2009 preliminary results on Tuesday, March 2nd.
Bank of Ireland (IRE) – The Bank of Ireland offers banking and other financial services to small and medium-sized commercial and industrial companies in Ireland and abroad. Recently the company experienced a drop in credit rating due to a difficult economic environment. However, experts believe the Bank of Ireland’s position is once again looking stable.
China Security & Surveillance Technologies Inc (CSR) – Through its subsidiaries, China Security and Surveillance Technologies manufactures, distributes, installs, and maintains security and surveillance systems. In addition, the company develops and integrates related software in China. The CSST has a diversified customer base that includes over 140 branch offices with distribution points throughout China.
China North East Petroleum Holdings Ltd (NEP) – The Petroleum Holdings Ltd and its subsidiaries engage in the exploration and production of crude oil in the People’s Republic of China. Last week, the company signed a contract with PetroChina Jilin to drill twenty-five new wells and drilling is expected to begin this month. Currently, it has 247 producing wells that are all located in Northern China.
Church & Dwight (CHD) – Church & Dwight develops, manufactures, and markets a large range of household, personal care, and specialty products in the United States and abroad. Their most popular products are Arm & Hammer baking soda, Trojan condoms and First Response pregnancy tests. The company has made steady financial improvements over the past decade. Consequently, its stock has recently multiplied fourfold in value.
CNA Surety (SUR) – CNA Surety provides surety and surety-related products. It also offers contract surety and commercial surety bonds. The company is the largest publicly traded surety company in the country, providing bonds to all 50 states. CNA Surety’s fourth quarter and 2009 year-end earnings will be broadcasted on Friday, February 5th.
General Mills (GIS) – General Mills manufactures and markets a wide selection of branded consumer foods worldwide. The company also provides branded and unbranded food products to the food service and commercial baking industries. Revenue has increased by 2% to $4.1 billion and the company’s operating margin widened from 12% to 22%. General Mills stock has climbed 18% during the past year. Company shares offer a 2.8% dividend yield.
Rent-A-Center (RCII) – Rent-A-Center operates a chain of stores that provide furniture, appliances, electronics and computers. It provides flexible payment options for people who wish to buy things at a payment rate of weekly, bi-weekly or monthly. Currently, Rent-A-Center has more than 3,000 stores across America, Puerto Rico and Canada. RCII stock is up 6% in the last month and there are high expectations for a positive sales trend in the next earnings report.
ProAssurance (PRA) – ProAssurance provides professional liability insurance products to physicians, dentists, other healthcare providers, and healthcare facilities in the United States. The company operates in 27 states and the District of Columbia. It employs direct marketing tactics and independent agents in order to sell its products. Stock experts have given ProAssurance a “strong” rating and “stable” outlook.
Lincoln Educational Services (LINC) – Lincoln Educational Services offers career-oriented post-secondary education opportunities in America. It also provides degree and diploma programs for high school graduates and working adults. Lincoln stock has climbed 47% throughout the past year. Lincoln stock trading is at a price-to-earnings ratio of 14. The company does not pay dividends.
For more information about the top 10 most undervalued stocks for 2010, visit www.investorsedge.com