If you believe that the trend is your friend and you also follow the value investing philosophy, then this article may provide with a group companies you will want to keep an eye on.

To construct this list we looked for companies with the following criteria:

- Market cap between $2B to $10B

- Trading above the 20, 50 and 200-day moving averages

- And significantly undervalued to the Graham Number

The Graham Number is calculated as follows:

G. Number = Square Root of (22.5) x (Earnings per Share) x (Book Value per Share)

This equation is predicated on Grahamâ€™s belief that the price-to-earnings (P/EPS) ratio should be no more than 15, and the price-to-book value (P/BVPS) ratio should be no more than 1.5.

Therefore we only included companies that meet both of these criteria. As a result, the product of the two should not be more than 22.5. In other words, (P/EPS of 15) x (P/BVPS of 1.5) = 22.5.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Given this information, which of these names would you be most likely to put your money to work with?

* 1. Seaboard Corp. (NYSEMKT:SEB):* Meat Products Industry. Market cap of $2.86B. This stock is 2.07% above from its 20-day MA, 1.13% above from its 50-day MA, and 13.12% above from its 200-day MA. BVPS at $1556.01, diluted EPS at $276.94. Graham number = sqrt(22.5 x $1556.01 x $276.94) = $3113.8. Given the current price at $2342.5, this implies an upside of 32.93%. The stock has gained 46.09% over the last year.

*Aerospace/Defense Products & Services Industry. Market cap of $8.69B. This stock is 1.23% above from its 20-day MA, 1.81% above from its 50-day MA, and 9.02% above from its 200-day MA. BVPS at $63.67, diluted EPS at $8.24. Graham number = sqrt(22.5 x $63.67 x $8.24) = $108.65. Given the current price at $82.01, this implies an upside of 32.48%. The stock has gained 2.59% over the last year.*

**2. L-3 Communications Holdings Inc. (NYSE:LLL):***Health Care Plans Industry. Market cap of $5.07B. This stock is 0.72% above from its 20-day MA, 3.35% above from its 50-day MA, and 21.39% above from its 200-day MA. BVPS at $28.81, diluted EPS at $3.05. Graham number = sqrt(22.5 x $28.81 x $3.05) = $44.46. Given the current price at $34.58, this implies an upside of 28.58%. The stock has gained 67.8% over the last year.*

**3. Coventry Health Care Inc. (CVH):***Electric Utilities Industry. Market cap of $2.83B. This stock is 0.9% above from its 20-day MA, 1.98% above from its 50-day MA, and 8.11% above from its 200-day MA. BVPS at $21.14, diluted EPS at $1.39. Graham number = sqrt(22.5 x $21.14 x $1.39) = $25.71. Given the current price at $20.82, this implies an upside of 23.5%. The stock has gained 21.87% over the last year.*

4. Great Plains Energy Incorporated (NYSE:GXP):4. Great Plains Energy Incorporated (NYSE:GXP):

*Aerospace/Defense Products & Services Industry. Market cap of $2.25B. This stock is 0.42% above from its 20-day MA, 2.83% above from its 50-day MA, and 11.15% above from its 200-day MA. BVPS at $51.86, diluted EPS at $5.68. Graham number = sqrt(22.5 x $51.86 x $5.68) = $81.41. Given the current price at $73.85, this implies an upside of 10.24%. The stock has gained 41.44% over the last year.*

**5. Esterline Technologies Corp. (NYSE:ESL):***Data sourced from Yahoo! Finance and Finviz.

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