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There are many indicators I use when analyzing a stock. One is unusual option activity. Another indicator I look for are relatively cheap dividend stocks. Finally, another strong indicator is insider buying, such as the ones I recently described here and these ones below:

Huntington Bancshares (NASDAQ:HBAN) operates as the holding company for The Huntington National Bank that provides commercial and consumer banking services. On Oct. 25, board director William Robertson bought 11,000 shares after buying 5,000 shares the day before. The stock looks enticing at a trailing 10x P/E and forward 8.5x P/E, .9x P/B, .7x PEG, and very nice 3.1% dividend yield that was just quadrupled this past quarter as management has regained confidence in their financial markets. I would follow suit with Mr. Robertson and look to buy at these levels.

Entegris (NASDAQ:ENTG) develops, manufactures, and supplies products and materials used in processing and manufacturing in the semiconductor and other high-technology industries worldwide. I recently wrote about GMT Capital having a big position here and they look to have added 111,900 more shares on Oct. 25. The company still looks attractively priced at 10x P/E, .9x PEG, 5x EV/EBITDA, and no debt along with close to $1.50/share in net cash. I think this is a buy.

Crimson Exploration (NASDAQ:CXPO) engages in the acquisition, exploitation, exploration, and development of natural gas and crude oil properties. On Oct. 21, board director Zhaoxing Ni bought 25,800 shares. The company has since moved up nicely the last couple days since this purchase, but still showing value at .75x P/B, 1.2x P/S, and 5.5x EV/EBITDA. However, the company lost just over $36M in net income this past year and $6.5M in FCF. This would make for a decent speculative buy as the valuations look compelling.

Cirrus Logic (NASDAQ:CRUS) develops high-precision analog and mixed-signal integrated circuits. On Oct. 24, board director Henry Smith made a massive 132,000 share purchase. The company looks enticing at 6.5x P/E, .65x PEG, very strong ROE in excess of 50%, and currently holds no debt and over $2/share in net cash. I think this CRUS is a solid buy at these levels.

Schlumberger (NYSE:SLB), together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. On Oct. 25, CEO Paal Kibsgaard bought 6,000 shares bringing his total ownership to 21,681 shares. This energy giant looks decently priced at just over trailing 20x P/E and forward 14x P/E, .8x PEG, and accumulating just over $2.5B in FCF this past year. Has a decent, but growing, 1.4% dividend yield, which gives me the nudge in saying this is a solid buy.

First Horizon National (FHN) operates as the holding company for First Tennessee Bank National Association, which provides various financial services in the United States and internationally. On Oct. 20, Pres. and CEO Bryan Jordan bought 10,000 shares bringing his total ownership to just over 690,000 shares. The stock has some compelling valuations at .7x P/B, 1.2x P/S, and forward 10.5x P/E. Moreover, this actually has a positive ROA and ROE, which counterparts Bank of America, TFS Financial, and many other financial companies can't claim in this brutal economy. I think this buy is a precursor to better things for FHN and make it a buy.

Platinum Underwriters Holdings (NYSE:PTP), through its subsidiaries, provides property and marine, casualty, and finite risk reinsurance products worldwide. On Oct. 20, US Pres. and CEO Elizabeth Mitchell bought 14,000 shares bringing her total ownership to 142,954 shares. The company has some compelling valuations at .7x P/B, 1.5x P/S, and most interestingly a nearly negative $300M enterprise value meaning that if one were to acquire this company, not only would they get the company for free, but $300M in cash in their pocket. The problem with that is that the company has been horrible operationally losing approximately $200M in EBITDA and $250M in net income this past year. The consensus among analysts though are for PTP to swing back to profitability in 2012 with an average $4.28 EPS estimate. Either way, with such a strong cash position and insiders buying up shares, I think it's a good risk-reward buy at these levels and has a 1% dividend yield while you wait.

Source: Stocks With Strong Insider Buying Worth A Look