10 Stocks Expected to Gain at Least 50%

BOSTON (TheStreet) -- The S&P 500 has rebounded 5.4% so far in September, following a 4.7% drop last month. Those who are underinvested and hope to catch the next wave of upside may want to consider the following 10 stocks, which receive top ratings from analysts and are expected to gain at least 50% in the months ahead. Warning: The stocks are risky. They are ordered by analysts' median projected return. 10. Visa V, the credit-card company, operates an electronic payment network. Fiscal third-quarter net income declined 1.8% to $716 million, or 73 cents a share, as revenue grew 23% to $2 billion. The operating margin expanded from 50% to 56%. Visa's stock trades at a forward earnings multiple of 14 and a book value multiple of 2 -- 12% and 72% discounts to IT services industry averages. The stock is expensive based on sales and cash flow per share. Of analysts covering Visa, 34, or 89%, advise purchasing its shares, three recommend holding and two suggest selling them. 9. CommScope CTV makes coaxial and fiber-optic cable for communications companies. Second-quarter profit nearly tripled to $44 million, or 43 cents a share, as revenue ascended 6.9% to $838 million. The operating margin narrowed from 13% to 9.1%. CommScope's stock sells for a forward earnings multiple of 9.4, a book value multiple of 1.3, a sales multiple of 0.7 and a cash flow multiple of 5.7 -- 46%, 54%, 79% and 60% discounts to communications equipment peer averages. Roughly 92% of analysts rate the stock "buy" and 8% rate it "hold." To read the rest, head over to TheStreet.com
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsCommunications EquipmentData Processing & Outsourced ServicesInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!