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Below is a list of five equities with significant upside, 35% average, that are trading just above strong support.

1. Communications Systems, Inc. (JCS), a communication equipment manufacturer, is currently trading at $12.88; just above support at $12.50. This stock has not spent more than a few sessions below this strong support level since October, 2010. Of notable fundamental statistics, Communications Systems, Inc. has a very low price to sales ratio (P/S) of 0.76, a strong return on equity (ROE) of 10.37%, and a 4.98% annual dividend, which is distributed to investors quarterly. Though only one analyst has offered a price target for the stock, this target is $20.71, 60.79% above the current price.

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2. Stein Mart, Inc. (SMRT), an apparel stores company, is currently trading at $6.27; just above strong support at the $6.00 level. The stock has not been below this $6.00 support level for more than a couple sessions since April, 2009. Notable fundamental statistics include a low P/S of 0.24 and strong ROE of 7.83%. The stock's average price target, from a total of two analysts, stands at $8.50, 35.57% above the current price.

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3. Natural Resource Partners LP (NRP), an industrial metals and minerals company, recently fell due to a poor quarterly earnings report and is now trading at $23.70. The stock did, however, resist falling below strong support at $23.50, a price it has not been below for more than a week since June, 2010. Natural Resources Partners LP offers a 9.28% annual dividend, which is distributed to investors quarterly, and has an average price target, from a total of six analysts, of $31.83, 34.30% above its current price.

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4. China Yuchai International Limited (CYD), a diversified machinery company in Singapore, is currently trading at $14.60; just above strong support at $13.00. The stock has not spent more than a week below this $13.00 support level since October, 2009. Notable fundamental statistics include a low P/B of 0.64, a low P/S of 0.22, and strong ROE of 15.53%. Though only one analyst has offered a price target for the company, this target is $18.50, 26.71% above the current price.

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5. Cavium, Inc. (CAVM), a semiconductor manufacturer, also fell recently due to a poor quarterly earnings report and is now trading at $26.76. The stock did, however, resist falling below strong support at $26.00, a level it has not traded below for more than a week since September, 2010. Fundamentally, the company appears average, with no notable statistics in my opinion. The average price target for this stock, according to a total of 21 analysts, stands at $31.43, 17.45% above the current price.

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Source: 5 Stocks With 35% Average Upside Trading Near Strong Support