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Following is a list of 18 mid cap companies with a PE ratio over 25 and sell side consensus price target, implying at least 10% downside from the current market price:

Tkr

Company Name

Next Yr PE

Price Target %Diff from Price

SHLD

SEARS HOLDINGS

64.20

-33.17

EEP

ENBRIDGE ENERGY

41.82

-49.89

SINA

SINA CORPORATION

56.99

-25.22

UMC

U MICRO ELCTRNCS

52.55

-18.44

MPEL

MELCO CROWN ENTE

38.84

-10

LULU

LULULEMON ATHLET

40.42

-17.78

BAK

BRASKEM

26.13

-10.81

UA

UNDER ARMOUR

38.72

-17.23

MELI

MERCADOLIBRE INC

42.32

-13.28

RBA

RITCHIE BROS AUC

29.63

-29.74

PANL

UNIV DISPLAY

55.59

-32.76

N

NETSUITE INC

95.71

-11.22

VRA

VERA BRADLEY

30.50

-13.33

MSTR

MICROSTRATEGY

27.80

-24.06

CSGP

COSTAR GRP INC

50.76

-17.60

EEQ

ENBRIDGE

43.64

-52.24

BCPC

BALCHEM CORP/B

25.66

-11.05

SSYS

STRATASYS INC

48.51

-30.82

Here are some of the specifics about these companies, including a brief description of their business, growth rates (top line and bottom line) and Valuation:

Sears Holdings Corp. (Holdings) is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). The Company is a broadline retailer with 2,235 full-line and 1,284 specialty retail stores in the United States operating through Kmart and Sears, and 402 full-line and specialty retail stores in Canada operating through Sears Canada Inc. (Sears Canada), a 73%-owned subsidiary. It operates in three segments: Kmart, Sears Domestic and Sears Canada. Its EPS forecast for the current year is 0.99 and next year is 1.28. According to the consensus estimates, its top line is expected to decline 1.88% current year and 0.75% next year. It is trading at a forward P/E of 64.2. Out of 5 analysts covering the company, 3 have sell recommendations and 2 have hold ratings.

Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The Company operates in three business segments: liquids, natural gas and marketing. Its EPS forecast for the current year is 1.52 and next year is 1.6. According to the consensus estimates, its top line is expected to grow 12.75% current year and 9.39% next year. It is trading at a forward P/E of 41.82. Out of 14 analysts covering the company, 4 have buy recommendations, 2 have sell recommendations and 8 have hold ratings.

SINA Corp. is an online media company and MVAS provider in the People’s Republic of China (PRC) and the global Chinese communities. The Company provides services through five business lines, including SINA.com (online news and content), SINA Mobile (MVAS), SINA Community (Web 2.0 and social networking-based services and games), SINA.net (search and enterprise services), and SINA E-Commerce (online shopping). Its EPS forecast for the current year is 1.66 and next year is 2.33. According to the consensus estimates, its top line is expected to grow 22.96% current year and 27.23% next year. It is trading at a forward P/E of 56.99. Out of 23 analysts covering the company, 14 have buy recommendations, 2 have sell recommendations and 7 have hold ratings.

United Microelectronics Corp. is principally engaged in the manufacture of semiconductor products. The Company operates its businesses primarily through wafer production services. It provides the customer-tailored design, testing and production of silicon intellectual property (IP) products, embedded integrated circuits (ICs), masks and wafers. Its EPS forecast for the current year is 0.13 and next year is 0.05. According to the consensus estimates, its top line is expected to grow 0.72% current year and 9.54% next year. It is trading at a forward P/E of 52.55. All 3 analysts covering the company have sell recommendations.

Melco Crown Entertainment Limited is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market. Melco Crown Gaming is one of the six companies licensed, through concessions or sub-concessions, to operate casinos in Macau. The Company owns and operates City of Dreams, Altira Macau, Mocha Clubs and Taipa Square Casino. Its EPS forecast for the current year is 0.14 and next year is 0.26. According to the consensus estimates, its top line is expected to grow 16.28% current year and 9% next year. It is trading at a forward P/E of 38.84. Out of 18 analysts covering the company, 10 have buy recommendations, 1 has a sell recommendation and 7 have hold ratings.

Lululemon Athletica inc. is a designer and retailer of technical athletic apparel primarily in North America. Its yoga-inspired apparel is marketed under the lululemon athletica brand name. The Company offers a line of apparel and accessories, including fitness pants, shorts, tops and jackets designed for athletic pursuits, such as yoga, running and general fitness. Its EPS forecast for the current year is 2.03 and next year is 2.53. According to the consensus estimates, its top line is expected to grow 28.12% current year and 24.08% next year. It is trading at a forward P/E of 40.42. Out of 22 analysts covering the company, 7 have buy recommendations, 5 have sell recommendations and 10 have hold ratings.

Braskem S.A. is a petrochemical company. The Company is a producer of petrochemical resins, ethylene, polyethylene and polypropylene. It produces a diversified portfolio of petrochemical products in its 29 plants in Brazil and the United States. Braskem’s business operations are organized into three production business units and one distribution business unit, which are Basic Petrochemicals, Polyolefins, Vinyls and Chemical Distribution. Its EPS forecast for the current year is 0.85 and next year is 1.12. According to the consensus estimates, its top line is expected to grow 23.41% current year and 0.85% next year. It is trading at a forward P/E of 26.13. Out of 4 analysts covering the company, 3 have buy recommendations and 1 has a hold rating.

Under Armour, Inc. is engaged in developing, marketing and distributing branded performance apparel, footwear and accessories for men, women and youth. Its products are sold worldwide and are worn by athletes at all levels, from youth to professional, on playing fields, as well as consumers with active lifestyles. Its revenues are generated primarily from the wholesale distribution of its products to national, regional, independent and specialty retailers. Its EPS forecast for the current year is 1.66 and next year is 2.03. According to the consensus estimates, its top line is expected to grow 27.72% current year and 18.88% next year. It is trading at a forward P/E of 38.72. Out of 24 analysts covering the company, 2 have buy recommendations, 3 have sell recommendations and 19 have hold ratings.

MercadoLibre, Inc. hosts an online commerce platform in Latin America, called MercadoLibre and located at mercadolibre.com. The Company has operations in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela. Additionally, it also operates online commerce platforms in Costa Rica, the Dominican Republic and Panama. The Company offers its users two principal services: the MercadoLibre marketplace and the MercadoPago online payments solution. Its EPS forecast for the current year is 1.62 and next year is 2.13. According to the consensus estimates, its top line is expected to grow 32.39% current year and 28.25% next year. It is trading at a forward P/E of 42.32. Out of 10 analysts covering the company, 6 have buy recommendations, 1 has a sell recommendation and 3 have hold ratings.

Ritchie Bros. Auctioneers Inc. is an industrial auctioneer. The Company operates from over 110 locations in more than 25 countries, including 40 auction sites worldwide. It sells, through unreserved public auctions, a range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Its EPS forecast for the current year is 0.74 and next year is 0.97. According to the consensus estimates, its top line is expected to grow 14.21% current year and 14.63% next year. It is trading at a forward P/E of 29.63. Out of 18 analysts covering the company, 3 have buy recommendations, 4 have sell recommendations and 11 have hold ratings.

Universal Display Corp. is engaged in the research, development and commercialization of organic light emitting diode ((NASDAQ:OLED)), technologies for use in flat panel display, solid-state lighting and other applications. The Company licenses OLED technologies to manufacturers of products for display applications, such as cell phones, MP3 players, laptop computers and televisions, and specialty and general lighting products. Its EPS forecast for the current year is 8.08 and next year is 1.03. According to the consensus estimates, its top line is expected to grow 51.77% current year and 119.18% next year. It is trading at a forward P/E of 55.59. Out of 8 analysts covering the company, 4 have buy recommendations and 4 have hold ratings.

NetSuite Inc. provides an on-demand, integrated business management application suite, which provides Accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce functionality to medium-sized businesses and divisions of large companies. It also offers customers support and professional services related to the suite. The Company delivers the suite over the Internet as a subscription using the SaaS model. Its EPS forecast for the current year is 0.18 and next year is 0.31. According to the consensus estimates, its top line is expected to grow 17.91% current year and 18.32% next year. It is trading at a forward P/E of 95.71. Out of 19 analysts covering the company, 5 have buy recommendations, 1 has a sell recommendation and 13 have hold ratings.

Vera Bradley, Inc. is a designer, producer, marketer and retailer of accessories for women. The products include offerings of handbags, accessories, and travel and leisure items. The Company operates in two segments: Indirect and Direct. Its EPS forecast for the current year is 1.28 and next year is 1.51. According to the consensus estimates, its top line is expected to grow 18.25% current year and 15.62% next year. It is trading at a forward P/E of 30.5. Out of 7 analysts covering the company, 5 have buy recommendations, 1 has a sell recommendation and 1 has a hold rating.

MicroStrategy Inc. is a worldwide provider of business intelligence software that enables companies to report, analyze and monitor the data stored across their enterprise. MicroStrategy provides analytical performance to business users in the format that suits them from high-level dashboards to custom reports and advanced analysis via e-mail, Web, fax, wireless and voice communication channels. Its EPS forecast for the current year is 3.79 and next year is 4.74. According to the consensus estimates, its top line is expected to grow 9.96% current year and 10.31% next year. It is trading at a forward P/E of 27.8. Out of 5 analysts covering the company, 2 have sell recommendations and 3 have hold ratings.

CoStar Group, Inc. is a provider of information, marketing and analytic services to the commercial real estate industry in the United States and United Kingdom. CoStar’s integrated suite of services offers customers online access to a database of commercial real estate information. Its EPS forecast for the current year is 0.75 and next year is 1.2. According to the consensus estimates, its top line is expected to grow 7.55% current year and 7.91% next year. It is trading at a forward P/E of 50.76. Out of 10 analysts covering the company, 2 have buy recommendations, 2 have sell recommendations and 6 have hold ratings.

Enbridge Energy Management, L.L.C. is a limited partner of Enbridge Energy Partners, L.P. through its ownership of i-units, a special class of the Partnership’s limited partner interests. The Company manages the Partnership’s business and affairs, under a delegation of control agreement among the Company, the Partnership and its general partner, Enbridge Energy Company, Inc. Its EPS forecast for the current year is 1.43 and next year is 1.52. According to the consensus estimates, its top line is expected to grow 17.86% current year and 9.66% next year. It is trading at a forward P/E of 43.64. Out of 5 analysts covering the company, 1 has a buy recommendation, 1 has a sell recommendation and 3 have hold ratings.

Balchem Corp. is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical and medical sterilization industries. It has three reportable segments: Specialty Products; Food, Pharma & Nutrition; and Animal Nutrition & Health. The Company sells its products through its own sales force, independent distributors and sales agents. Its EPS forecast for the current year is 1.28 and next year is 1.53. According to the consensus estimates, its top line is expected to grow 11.31% current year and 9.62% next year. It is trading at a forward P/E of 25.66. Out of 3 analysts covering the company, 1 has a buy recommendation, 1 has a sell recommendation and 1 has a hold rating.

Stratasys, Inc. is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs. It also offers rapid prototyping and production part manufacturing services through its centers located in North America, Europe and Australia. Its EPS forecast for the current year is 0.86 and next year is 1.1. According to the consensus estimates, its top line is expected to grow 25.07% current year and 17.73% next year. It is trading at a forward P/E of 48.51. Out of 7 analysts covering the company, 1 has a buy recommendation, 2 have sell recommendations and 4 have hold ratings.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: Analysts: 18 Mid Caps With Over 10% Downside