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Here we offer an interesting way to search for companies that are expected to outperform by analysts with proven performance-predicting history.

Using analyst ratings from Reuters that are presented on a linear scale (with 1 = "Strong Buy" and 5 = "Strong Sell"), we sliced the ratings data of stocks trading under $5 into three time periods separated by a month, and identified the group of analysts that have shown predictive value, i.e. been able to accurately predict the direction of stock moves for two consecutive time periods.

We further narrowed down the list by only focusing on those stocks that have seen bullish trends in analyst opinion. In other words, predictive analysts, with a proven (short-term) track record of predicting their stock's direction, think these stocks are due for a rebound. The screen produced 6 stocks, listed below.

Although past performance is no guarantee of future results, the recent accuracy of these analyst ratings suggests their opinions may be a helpful starting-off point for your own analysis.

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.)

Do you think these stocks are going to outperform? Use this list as a starting-off point for your own analysis.

List sorted by market cap.

1. Tenet Healthcare Corp. (NYSE:THC): Hospitals Industry. Market cap of $2.19B. Price at $4.64. Mean average rating changed from 2.25 to 2.29 between 05/24/11 and 06/23/11 (bearish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of -8.49%.

Analysts also got it right between 06/23/11 and 07/23/11, with the mean rating changing from 2.29 to 2.32 (bearish change). Over the following month, the stock generated an alpha of -7.28% relative to the S&P 500 index, as predicted by the analysts.

This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2.32 to 2.29 between 07/23/11 and 08/22/11 (i.e. bullish change).

This is a risky stock that is significantly more volatile than the overall market (beta = 2.2). The stock is currently stuck in a downtrend, trading 8.55% below its SMA20, 19.33% below its SMA50, and 25.65% below its SMA200. It's been a rough couple of days for the stock, losing 8.88% over the last week.

2. Synovus Financial Corp. (NYSE:SNV): Regional Banks Industry. Market cap of $1.07B. Price at $1.35. Mean average rating changed from 2.79 to 2.85 between 05/24/11 and 06/23/11 (bearish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of -13.92%.

Analysts also got it right between 06/23/11 and 07/23/11, with the mean rating changing from 2.85 to 2.86 (bearish change). Over the following month, the stock generated an alpha of -14.8% relative to the S&P 500 index, as predicted by the analysts.

This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2.86 to 2.75 between 07/23/11 and 08/22/11 (i.e. bullish change). The stock is a short-squeeze candidate, with a short float at 7.47% (equivalent to 5.39 days of average volume).

The stock is currently stuck in a downtrend, trading 12.02% below its SMA20, 28.05% below its SMA50, and 41.91% below its SMA200. The stock has performed poorly over the last month, losing 34.47%.

3. Office Depot, Inc. (NASDAQ:ODP): Specialty Retail Industry. Market cap of $610.49M. Price at $2.16. Mean average rating changed from 2.65 to 2.89 between 05/24/11 and 06/23/11 (bearish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of -21.38%.

Analysts also got it right between 06/23/11 and 07/23/11, with the mean rating changing from 2.89 to 3 (bearish change). Over the following month, the stock generated an alpha of -22.1% relative to the S&P 500 index, as predicted by the analysts.

This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 3 to 2.83 between 07/23/11 and 08/22/11 (i.e. bullish change).

This is a risky stock that is significantly more volatile than the overall market (beta = 3.27). The stock is currently stuck in a downtrend, trading 29.49% below its SMA20, 39.97% below its SMA50, and 52.48% below its SMA200. It's been a rough couple of days for the stock, losing 21.86% over the last week.

4. Augusta Resource Corp. (NYSEMKT:AZC): Industrial Metals and Minerals Industry. Market cap of $513.44M. Price at $3.69. Mean average rating changed from 1.75 to 1.62 between 05/24/11 and 06/23/11 (bullish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of 11.74%.

Analysts also got it right between 06/23/11 and 07/23/11, with the mean rating changing from 1.62 to 1.67 (bearish change). Over the following month, the stock generated an alpha of -13.5% relative to the S&P 500 index, as predicted by the analysts.

This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 1.67 to 1.62 between 07/23/11 and 08/22/11 (i.e. bullish change).

This is a risky stock that is significantly more volatile than the overall market (beta = 2.16). The stock is currently stuck in a downtrend, trading 14.4% below its SMA20, 18.53% below its SMA50, and 17.34% below its SMA200. It's been a rough couple of days for the stock, losing 14.11% over the last week.

5. The Talbots Inc. (NYSE:TLB): Apparel Stores Industry. Market cap of $195.13M. Price at $2.65. Mean average rating changed from 2.56 to 2.87 between 05/24/11 and 06/23/11 (bearish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of -22.85%.

Analysts also got it right between 06/23/11 and 07/23/11, with the mean rating changing from 2.87 to 2.73 (bullish change). Over the following month, the stock generated an alpha of 7.67% relative to the S&P 500 index, as predicted by the analysts.

This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2.73 to 2.71 between 07/23/11 and 08/22/11 (i.e. bullish change).

The stock is a short-squeeze candidate, with a short float at 35.19% (equivalent to 5.54 days of average volume). The stock is currently stuck in a downtrend, trading 18.06% below its SMA20, 19.34% below its SMA50, and 54.63% below its SMA200. It's been a rough couple of days for the stock, losing 14.55% over the last week.

6. GMX Resources Inc. (GMXR): Independent Oil and Gas Industry. Market cap of $157.92M. Price at $2.52. Mean average rating changed from 2.53 to 2.5 between 05/24/11 and 06/23/11 (bullish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of 12.31%.

Analysts also got it right between 06/23/11 and 07/23/11, with the mean rating changing from 2.5 to 2.59 (bearish change). Over the following month, the stock generated an alpha of -32.85% relative to the S&P 500 index, as predicted by the analysts.

This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2.59 to 2.56 between 07/23/11 and 08/22/11 (i.e. bullish change).

The stock is currently stuck in a downtrend, trading 30.8% below its SMA20, 41.47% below its SMA50, and 49.72% below its SMA200. It's been a rough couple of days for the stock, losing 19.25% over the last week.

Price data sourced from Yahoo Finance; all other data sourced from Finviz.

Source: 6 Stocks Under 5 Bucks And Predicted To Outperform