10 Stocks Surging During the Selloff

(TheStreet) -- The S&P 500 has tumbled 5.6% in the past month as weak data spurred a migration into bonds. Not all stocks have suffered in the selloff. Here are the 10 stocks that made the biggest gains during the correction. Excluded from the list are telecom and utility stocks, which have countercyclical appeal because of their steady performance and large dividends. The stocks are ordered by monthly return, smallest to largest. 10. Amazon.com AMZN is the world's largest online retailer. Second-quarter profit soared 45% to $206 million, or 45 cents a share, as revenue gained 41%. The operating margin narrowed from 4.7% to 4.5%. Amazon.com has $5.1 billion of cash and $132 million of debt. Its stock trades at a forward earnings multiple of 35 and a book value multiple of 9.6, premiums to indices, but modest discounts to Internet retail peer averages. Roughly 54% of analysts covering Amazon.com rate its stock "buy." A median target of $142.69 implies a return of 15%. To read the rest, head over to TheStreet.com