By Eli Inkrot We think all of the names below offer investors the potential for 30% upside this year. See Investment Underground's analysis and commentary on each below. As always, use the list below as a starting point for your own due diligence: Morningstar (MORN): It can be somewhat unnerving to lookup MORN on the Morningstar website; especially when they use “we” in describing what the company does. But after all, investment information is about 80% of their business. MORN has been climbing from $40 a share in September of 2010 to today's near 52-week high of $62. This despite either missing or just barely reaching consensus earnings estimates for the last 5 quarters; imagine what a positive upside could bring. This upside might happen sooner rather than later as the company rolls out its credit ratings on stocks the company covers, which would likely be an eventual threat to the S&P McGraw Hill (MHP) and Moody's (MCO) duopoly on credit ratings. With a current price to earnings ratio around 36 and 2012 estimated earnings averaging $2.58 a share, a buy today could represent a 48% 1-year upside. True, the current P/E ratio is above industry standards but it is [...]
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