8 Analyst 'Buys' Priced Low With Strong Forecasted EPS

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 |  Includes: ATVI, BBBY, EBAY, EMC, FDX, MOS, NOV, QCOM
by: Insider Monkey

Analyst recommendations are a good starting point for further research. They represent a mean estimation from a panel of analysts as to a stock's forecasted performance, but there is more to picking a stock than that. Investors also need to make sure that the stock is priced appropriately and has strong earnings expectations. Using the stock screener at Finviz.com, we came up with a list of US stocks that carry analyst expectations of buy or better, have EPS growth expectations over 10% per annum for the next five years and are priced low relative to their future earnings.

The Mosaic Co. (NYSE:MOS) is an agricultural chemicals company with a $23.47 billion market cap. The company is priced at 10.07 times its forward earnings and has an estimated EPS growth of 21.00% per annum over the next five years. MOS has a beta of 1.33 and carries an analyst recommendation of 2.2 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $55.58 a share. Michael Kaufman's MAK Capital One is a fan of MOS.

EMC Corp. (NYSE:EMC) is a data storage devices company with a $45.39 billion market cap. The company is priced at 13.01 times its forward earnings and has an estimated EPS growth of 16.43% per annum over the next five years. EMC has a beta of 1.06 and carries an analyst recommendation of 1.8 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $22.37 a share. EMC is a top pick for Ken Fisher's Fisher Asset Management.

FedEx Corp. (NYSE:FDX) is a delivery services company with a $28.42 billion market cap. The company is priced at 12.28 times its forward earnings and has an estimated EPS growth of 15.93% per annum over the next five years. FDX has a beta of 1.26 and carries an analyst recommendation of 1.9 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $89.85 a share. Mason Hawkins' Southeastern Asset Management likes FDX.

Bed Bath & Beyond, Inc. (NASDAQ:BBBY) is a home furnishings company with a $14.24 billion market cap. The company is priced at 13.29 times its forward earnings and has an estimated EPS growth of 15.42% per annum over the next five years. BBBY has a beta of 1.11 and carries an analyst recommendation of 2.0 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $59.77 a share. Stephen Mandel's Lone Pine Capital is a fan of BBBY.

National Oilwell Varco, Inc. (NYSE:NOV) is an oil and gas equipment and services company with a $30.99 billion market cap. The company is priced at 12.41 times its forward earnings and has an estimated EPS growth of 15.00% per annum over the next five years. NOV has a beta of 1.68 and carries an analyst recommendation of 1.6 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $74.29 a share. NOV is a top pick for Ken Fisher's Fisher Asset Management.

QUALCOMM, Inc. (NASDAQ:QCOM) is a communications equipment company with a $95.04 billion market cap. The company is priced at 14.21 times its forward earnings and has an estimated EPS growth of 14.54% per annum over the next five years. QCOM has a beta of 0.94 and carries an analyst recommendation of 1.9 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $57.28 a share. Stephen Mandel's Lone Pine Capital likes QCOM.

Activision Blizzard, Inc. (NASDAQ:ATVI) is a multimedia and graphics software company with a $14.01 billion market cap. The company is priced at 12.88 times its forward earnings and has an estimated EPS growth of 13.62% per annum over the next five years. ATVI has a beta of 0.60 and carries an analyst recommendation of 1.8 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $12.05 a share. Jeffrey Tannenbaum's Fir Tree is a fan of ATVI.

Ebay, Inc. (NASDAQ:EBAY) is an online auction house company with a $39.53 billion market cap. The company is priced at 13.26 times its forward earnings and has an estimated EPS growth of 12.85% per annum over the next five years. EBAY has a beta of 1.45 and carries an analyst recommendation of 2.1 on a scale in which 1.0 indicates "Strong Buy" and 5.0 means "Sell." It recently traded at $30.53 a share. Eric Mindich's Eton Park Capital likes EBAY.

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