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The following is a list of stocks approaching their 52-week highs that remain undervalued, when comparing the current price to the average analyst target price.

For this list, we only focused on stocks with market caps north of $1.0B. All of these stocks are undervalued by 15% or more, based on average analyst target prices.

A quick note on 1-year range placement (referenced below). A 100% 1-year range placement indicates a 52-week high, while a 0% 1-year range placement indicates a 52-week low. All stocks mentioned in this list have range placements between 90%-100%, i.e. very close to their 52-week highs.

Analyst target prices sourced from Zacks Investment Research. Full analysis below, click to enlarge.


1. TRW Automotive Holdings Corp (NYSE:TRW)
: Market cap of $4.6B. Last close at $38.87, vs. average analyst target price of $52.00, implies a discount to analyst fair value of -25.25% (based on survey of 6 analysts). The stock's 1-year range placement is at 96%.

2. Companhia Paranaense de Energia COPEL (NYSE:ELP): Market cap of $6.3B. Last close at $22.91, vs. average analyst target price of $30.00, implies a discount to analyst fair value of -23.63% (based on survey of 4 analysts). The stock's 1-year range placement is at 96%.

3. WABCO Holdings Inc (NYSE:WBC): Market cap of $2.5B. Last close at $38.27, vs. average analyst target price of $46.67, implies a discount to analyst fair value of -18% (based on survey of 6 analysts). The stock's 1-year range placement is at 93%.

4. Crocs Inc (NASDAQ:CROX): Market cap of $1.2B. Last close at $13.41, vs. average analyst target price of $16.25, implies a discount to analyst fair value of -17.48% (based on survey of 4 analysts). The stock's 1-year range placement is at 93%.

5. Herbalife Ltd (NYSE:HLF): Market cap of $3.4B. Last close at $56.18, vs. average analyst target price of $67.71, implies a discount to analyst fair value of -17.03% (based on survey of 8 analysts). The stock's 1-year range placement is at 95%.

6. Lubrizol Corp (LZ): Market cap of $6.5B. Last close at $94.97, vs. average analyst target price of $113.88, implies a discount to analyst fair value of -16.61% (based on survey of 9 analysts). The stock's 1-year range placement is at 93%.

7. NTT DoCoMo Inc (NYSE:DCM): Market cap of $69.9B. Last close at $16.79, vs. average analyst target price of $20.11, implies a discount to analyst fair value of -16.51% (based on survey of 1 analysts). The stock's 1-year range placement is at 94%.

8. Alaska Air Group Inc (NYSE:ALK): Market cap of $1.9B. Last close at $54.01, vs. average analyst target price of $64.45, implies a discount to analyst fair value of -16.2% (based on survey of 12 analysts). The stock's 1-year range placement is at 98%.

9. Platinum Underwriters Holdings Ltd (NYSE:PTP): Market cap of $1.8B. Last close at $39.66, vs. average analyst target price of $47.25, implies a discount to analyst fair value of -16.06% (based on survey of 6 analysts). The stock's 1-year range placement is at 95%.

10. Kinder Morgan Management LLC (NYSE:KMR): Market cap of $5.2B. Last close at $58.86, vs. average analyst target price of $70.10, implies a discount to analyst fair value of -16.03% (based on survey of 6 analysts). The stock's 1-year range placement is at 91%.

11. Embraer - Empresa Brasileira de Aeronautica SA (NYSE:ERJ): Market cap of $5.0B. Last close at $26.91, vs. average analyst target price of $31.75, implies a discount to analyst fair value of -15.24% (based on survey of 7 analysts). The stock's 1-year range placement is at 94%.

12. Banco Bradesco SA (NYSE:BBD): Market cap of $34.7B. Last close at $18.44, vs. average analyst target price of $21.69, implies a discount to analyst fair value of -14.98% (based on survey of 7 analysts). The stock's 1-year range placement is at 91%.

13. Silver Wheaton Corp (NYSE:SLW): Market cap of $7.3B. Last close at $21.35, vs. average analyst target price of $25.10, implies a discount to analyst fair value of -14.94% (based on survey of 12 analysts). The stock's 1-year range placement is at 96%.

14. Magna International Inc (NYSE:MGA): Market cap of $9.2B. Last close at $82.30, vs. average analyst target price of $96.67, implies a discount to analyst fair value of -14.87% (based on survey of 13 analysts). The stock's 1-year range placement is at 100%.

Disclosure: No positions

Source: 14 Stocks Approaching 52-Week Highs That Analysts Think Are Undervalued