The market is showing signs of bottoming, at least for 2011. The European problems causing uncertainties in the market are being fixed temporarily. The stocks mentioned in this article have consistently gained about 15 to 31% in the last two weeks (10 trading days) outperforming the broader S&P 500 index that gained 8.3%.
Click to enlarge
Autodesk (ADSK): Autodesk, Inc. provides design software and service solutions to customers in architecture, engineering and construction, manufacturing, digital media and entertainment industries. It licenses and sells its products and services directly, as well as through distributors and resellers worldwide. ADSK is expected to earn $0.44 per share this quarter and $1.69 per share this year. ADSK is trading at a 28.67 times current earnings multiple. ADSK is currently trading at $32.42, falling $6.85 or 17.4% this year.
Denbury Resources (DNR): Denbury Resources Inc. engages in the acquisition, exploitation, drilling and extraction of oil and natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana and Alabama. The company has a ROA of 4.08% and a ROE of 8.55%. The company is expected to earn $0.27 per share this quarter and $1.17 per share this year. DNR is trading at 18.97 times current earnings multiple. DNR is currently trading at $14.30, falling $5.06 or 26.1% this year.
Starwood Hotel (HOT): Starwood Hotels & Resorts Worldwide, Inc. and its subsidiaries operate as a hotel and leisure company worldwide. Starwood primarily operates luxury and upscale full service hotels, resorts, retreats and residences. HOT has a ROA of 5.15% and a ROE of 22.21%. The firm pays a dividend of $0.30, yielding 0.65%. The firm is expected to earn $0.55 per share this quarter and $1.74 per share this year. HOT is trading at 18.29 times current earnings multiple. HOT is currently trading at $47.32, falling $14.7 or 23.7% this year.
Harman Intl (HAR): Harman International Industries, Inc. is engaged in developing, manufacturing and marketing of audio products and electronic systems. The company has developed a range of product offerings, which are sold under brand names AKG, Crown, JBL, Infinity, Harman/Kardon, Lexicon, dbx, BSS, Studer, Soundcraft, Mark Levinson, Becker and Selenium. The stock has a ROA of 8.77% and a ROE of 20.01%. HAR pays a dividend of $0.125, yielding 0.37%. HAR is expected to earn $0.81 per share this quarter and $2.59 per share this year. HAR is trading at 17.99 times current earnings multiple. HAR is currently trading at $37.47, falling $10.2 or 21.4% this year.
Lincoln National (LNC): Lincoln National Corporation and its subsidiaries engage in multiple insurance and retirement businesses in the United States. It sells a range of wealth protection, accumulation and retirement income products and solutions. The firm has a ROA of 0.44% and a ROE of 6.86%. LNC pays a dividend of $0.16, yielding 0.96%. The firm is expected to earn $0.93 per share this quarter and $4.08 per share this year. The firm is trading at 4.87 times current earnings multiple. LNC is currently trading at $17.99, falling $11.3 or 38.6% this year.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: Website disclaimer: Algorithm Cabinet LLC and/or STOOKLE, is not a registered investment advisor and does not provide investment advice. The information contained in this website/blog is for general information purposes only.
Source: S&P 500 Stocks In An Uptrend